1094 days ago
Sarcos develops wearable robotics equipment designed to help public and private sector workers lift heavy objects and limit injuries from strains. The deal with Rotor Acquisition corp should help Sarcos raise nearly $500 million in proceeds.
1094 days ago
LG Electronics announced the end of an era, stating they would stop competing in the smartphone market. While the company still held 10% of the US market, the company only saw losses in the long term, and decided to quit to focus on other projects. Many fans were very sad to hear the news, saying that LG maybe did not make the best phones, but always came up with interesting new ideas. The company had been making phones for 25 years now, but slowly fell behind stronger competitors like Samsung and Apple.
1100 days ago
Tech, Health Care and Consumer Discretionary might take a hit. So would financials despite a rising inflationary scenario which is odd but also makes sense considering inflation hurts purchasing power, thus spending, thus the volatility of money upon which payments and financials capitalize via fees.
1100 days ago
Stocks of tech firms that don't earn a profit have sunk over 20% this year as evidenced by the Goldman Sachs basket.
1100 days ago
According to Bloomberg, Apple is also considering adding more roughness to its new model, with more shock resistant features to target athletes and adventurers. The waterproof exterior is still to fragile and easy to scratch. Apple sold 33.9 million watches last year, making them the number one, and by far, of the smartwatch market.
