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#Apple Stock Price Prediction 2025
moneyhustlers · 1 year
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Apple Stock Price Prediction 2024,2025,2026,2027,2028, 2029, 2030.
Apple Stock Price Prediction 2024,2025,2026,2027,2028, 2029, 2030. Unlocking the Future: Apple Stock Price Prediction Unveils a Path to Prosperity What will Apple’s Stock price be in 2024, 2025, 2026, 2027, 2028, 2029, and 2030? Welcome to the Apple stock price prediction post by the written MoneyHustle team, In this post, we will provide complete information about Apple Inc. (NASDAQ: AAPL) along…
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mamun258 · 8 months
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Top 10 global business trends in 2024
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As 2024 approaches, new business trends are taking shape. This article will delve into the ten major trends in 2024, provide investors, start-ups HE Tuber and enterprises with decision-making basis and lead them to seize opportunities in industrial changes. Let’s take a look!
As we enter 2024, it is important for investors, startups, and businesses to understand the key trends of the year. This helps startup founders, corporate executives and investors understand which trends may impact business decisions.
1. Generative AI Generative Artificial Intelligence
Generative artificial intelligence (AI) will be one of the most interesting technological innovations of 2024. According to a Gartner report, it is expected that AI-generated data will account for 10% by 2025, with 2024 being the year of major growth. Recent developments in the field include OpenAI’s release of ChatGPT in late 2022. Nvidia's strong profitability has attracted investors' interest in generative artificial intelligence, and the company's stock price has also risen sharply. In 2023, technology companies focused on generative artificial intelligence significantly outperformed the market. Technological breakthroughs have the potential to bring sweeping changes to the economy. Goldman Sachs reports that generative artificial intelligence can increase global GDP by 7% in the next 10 years and have a significant impact on business and society.
The top public companies making strong progress in this area are: Microsoft, Nvidia, IBM, AMD, Google, Meta, Amazon, ServiceNow, Intuit, Adobe, Salesforce, Alibaba, Baidu. Leading startups in this field include: OpenAI, Hugging Face, Anthropic, Cohere, AlphaSense, Gong, Jasper, C3 AI, DeepMind, Databricks, Synthesis AI, Stability AI, Lightricks, Glean, and Inflection.
2. Sustainable technology
Another key trend in 2024 will be sustainable technology. This includes clean technology, green technology and climate technology. As one of Gartner's top strategic technology trends for 2024, sustainable technology is a digital solutions framework that drives environmental, social and governance (ESG) outcomes. Gartner predicts that by 2027, 25% of CIO compensation will be tied to sustainable technology impact. The Harvard Business Review reports that saving the planet from ecological disaster is a $12 trillion opportunity, even if only four of the 60 segments are met, including food and agriculture, cities, energy and materials, and health and well-being. Looking ahead to the 2024 sustainability goals, areas at the forefront include waste recycling and upcycling, electric vehicles, sustainable residential and commercial buildings, green and clean energy, green agricultural technologies and carbon capture.
Google, Apple, Meta and Amazon have launched major initiatives to become more sustainable businesses. Companies such as Nestlé and Unilever are widely praised for their sustainable practices. As a carbon-neutral company, Unilever's market value has tripled in the past 10 years. Other public companies such as Patagonia, Cisco, Microsoft, Adidas, Autodesk, Schneider Electric, Tesla, Dassault Systèmes, IBM, H&M and Siemens have also been deemed SDG-friendly.
Top sustainable startups include Amp Robotics, Aurora Solar, Oxford PV, Verdigris, Grow a Wish, Carbon Clean Solutions, Blue Planet, Heliogen, Grove Collaborative, Agricool, TIPA, Genesis and Source.
3. Network security
Research shows that 50% of businesses have been victims of cyberattacks in the past three years. Cybersecurity Ventures predicts that the cost of cybercrime will reach $10.5 trillion by 2025, indicating the seriousness of the problem faced by enterprises. Cyberattacks can become sophisticated by leveraging artificial intelligence to sidestep conventional defense strategies. In the face of this rapidly growing threat, technological solutions that strengthen defenses and enable successful countermeasures are essential for every business. Cyber ​​threats are becoming more sophisticated, competition to launch new solutions using breakthrough technologies such as artificial intelligence is fierce, and marketization efforts are increasing.
We may see the emergence of strict cybersecurity regulations around the world. As governments and major entities intervene, companies will need to navigate complex rules as they work to strengthen their defenses. 2024 will be a year in which technological advancements in cybersecurity are closely intertwined with regulatory, human and artificial intelligence drivers. Automated threat management, cloud security, zero trust architecture, identity management, behavioral analytics, network governance, endpoint protection, network security as a service, blockchain security and network security grid will remain the most important network security innovations in 2024.
CrowdStrike, Zscaler, Okta, SentinelOne, Palo Alto Networks, Fortinet, Splunk, Akamai and McAfee are among the world's top public company leaders. Startups such as Cyware, Lacework, Deep Instinct, Orca Security, GitGuardian, Snyk, Abnormal Security, EclecticIQ, Tanium, Nozomi Networks, and Clarity will continue to lead cybersecurity innovation in 2024.
4. Quantum Computing
Quantum computing will dominate large-scale computing in 2024. It will have applications in compute-intensive fields such as artificial intelligence, cloud computing, cryptography, drug discovery, genome sequencing, meteorology, materials science, complex system optimization and financial modeling. This emerging technology has the potential to transform computing as we know it, allowing us to solve complex problems at unprecedented speed and scale. According to Fortune Business Insights, the quantum computing market is expected to grow from US$928.8 million in 2023 to US$6.5 billion in 2030, with a compound annual growth rate of 32.1% during the forecast period.
IBM launched its most powerful 433-qubit processor quantum computer called "Osprey" at the 2022 Summit. IBM plans to release a new 1,121-qubit Condor processor soon. It will be the first project on Earth to surpass 1,000 qubits.
IBM, Microsoft, D-Wave Systems, IonQ, Rigetti, Intel, Honeywell, Alphabet, Alibaba Group, Nvidia and Baidu are the leading public companies in quantum computing. Top startups in this space include Q-CTRL, Pasqal, QC Ware, ZapataComputing, 1QBit, ColdQuanta, AtomComputing and PsiQuantum.
5. Automation
Looking forward to 2024, industrial automation will continue to develop and innovate, driven by the Internet of Things (IoT), edge computing, artificial intelligence, machine learning, and 5G/6G convergence. By 2024, we can expect more predictive maintenance, real-time monitoring, connected workshops, automated inventory management, real-time data analytics to optimize logistics, and demand forecasting based on artificial intelligence algorithms. Artificial intelligence, robotics, optimized logistics, streamlined shipping and workflow automation will shorten time and reduce costs. Innovations in supply chain management technology, such as paperless shipping documents, will speed up the movement of goods and reduce costs. These technologies will enable industrial companies to achieve higher levels of performance, efficiency and competitiveness in global markets. It is expected that by 2024, supply chain management will undergo a hyper-automation revolution. By 2024, we will also experience automation transforming the modern workplace. Workplace automation will reduce inefficiencies and redundancies and transform remote and hybrid working. From routine administrative tasks to complex decision-making processes, automation is streamlining operations and increasing efficiency. Gartner reports that by 2024, organizations will use hyper automation to reduce operating costs by 30%.
ABB, Denso, Siemens, Emerson Process Management, Rockwell Automation, Honeywell Process Solutions, Schneider Electric, Microsoft Supply Chain Platform, Yaskawa Electric, AWS Supply Chain, and Omron Automation are the leading supply chain automation players today and will continue to be in 2024 Innovation.
6. Web3.0 and Metaverse
By 2024, Web 3.0 will gain further traction, opening the way for new technologies, especially virtual worlds and other virtual worlds built for gaming, social interaction, and commerce. As users seek more personalized and valuable online experiences, Web 3.0 will drive rapid adoption of the Metaverse by enterprises. In 2024, digital frontier fields such as virtual reality (VR) and augmented reality (AR) will usher in transformative progress. Driven by affordable, advanced equipment, the VR and AR fields are set to expand; at the same time, the Metaverse, a collective virtual shared space, is expected to redefine digital interaction.
From education to entertainment, immersive experiences will revolutionize learning and gaming. At the same time, AR will innovate healthcare through precise diagnosis and retail through virtual showrooms. Generative AI may enable customized content creation in these areas. The convergence of VR, AR, the Metaverse and generative AI will blur the lines between the digital and the physical, creating a future determined only by our imagination.
7. Self-driving cars
Self-driving cars are one of the exciting emerging technologies that will further transform transportation by 2024. By eliminating the need for human drivers, self-driving cars have the potential to improve safety, reduce traffic congestion and improve mobility for millions of people. By 2024, we will see further developments in sensor technology, machine learning and connectivity for self-driving cars. This will enable vehicles to navigate complex environments and interact with other vehicles and infrastructure in real time. One of the most promising applications for autonomous vehicles is in the field of mobility services. By providing on-demand transportation that is safe, efficient, and cost-effective, autonomous vehicles can address market needs that traditional transportation systems cannot.
The world's leading companies in autonomous driving technology include Tesla, Rivian, Zoox, May Mobility, Momenta, Pony.ai, General Motors, Nvidia and Waymo (acquired by Google). According to recent predictions from Global Data, the autonomous vehicle (AV) industry will not develop fully autonomous vehicles until 2035. Still, we've seen General Motors-backed Cruise and Google-run Waymo release fully autonomous robot taxi fleets in San Francisco and other states. 2024 will be a year of progress in this field.
8. Development of 5G and 6G network technologies
In 2024, 5G and 6G network technologies are expected to change the business landscape. A key factor is that the IEEE's revised standard is expected to be released in May 2024. It will provide equipment manufacturers with design specifications to govern operability and performance. While some vendors are already investing in next-generation wireless standards, industry specifications to support 6G products are still years away and 6G has yet to become a viable technology. But 5G networks are enabling faster, more reliable connections. The latest generation of wireless technology, delivering faster speeds, lower latency and more reliable connections than in the past. 5G networks are capable of processing massive amounts of data at lightning speeds, potentially revolutionizing the way we use technology. With advancements in areas such as edge computing, the Internet of Things (IoT), and virtual and augmented reality, 5G networks are expected to become more common by 2024. This makes 5G networks smarter and more powerful, providing users with faster and more responsive services. One of the most promising applications of 5G networks is in the field of virtual reality and augmented reality. With the high-speed connections provided by 5G networks, users can easily experience immersive and interactive virtual and augmented reality environments.
9. Biotechnology
Biotechnology is an emerging field that combines biology and technology to create new products and processes that improve our lives. From healthcare to agriculture, biotechnology has the potential to revolutionize industries and solve some of the world's biggest challenges. By 2024, biotechnology is expected to become more advanced in areas such as gene editing, synthetic biology, and personalized medicine. Several areas of biotechnology are expected to experience growth in 2024, including personalized medicine, gene editing and Crispr diagnostics, machine learning and artificial intelligence, stem cell technology, tissue engineering and bioprinting, big data and drug research. Beyond healthcare, biotechnology can transform industries such as agriculture and energy by developing new crops and fuels that are more efficient and sustainable. It is clear that biotechnology will become an increasingly important technology trend, providing new solutions to some of the world's biggest challenges.
Fast-growing startup Strand Therapeutics is developing the first platform for creating programmable, long-acting mRNA therapeutics that could provide potential treatments. 23andMe provides DNA analysis and easy-to-understand results, while Color is a healthcare delivery platform that provides cancer prevention, screening programs and healthcare services.
10. Human-computer interaction
Many professionals believe that human-machine interaction (HMI) is redefining the relationship between people and technology. This is an emerging field that aims to create more intuitive and natural ways for humans to interact with technology. By combining advances in artificial intelligence, machine learning and robotics, HMI has the potential to change the way we use technology and improve our daily lives. By 2024, HMI is expected to become more advanced in areas such as natural language processing, gesture recognition, and brain-computer interface. This will make HMI more natural and seamless, providing users with a more intuitive and responsive experience.
Business trends for 2024 reflect changes driven by technology, sustainability and social responsibility. The integration of remote work, increased automation, and advances in artificial intelligence have reshaped traditions. The significant shift towards sustainability has impacted consumer preferences.
Businesses must be agile and forward-thinking to ensure they meet current needs while being able to proactively navigate dynamic business trends.
Let’s look ahead to 2024 to see what happens next and how these trends will impact our short- and long-term business decisions.
columnist
MsQ Planet, everyone is a product manager columnist. Focus on business models and innovative business models, and be good at business entrepreneurship analysis.
This article was originally published on Everyone is a Product Manager. Reprinting without permission is prohibited.
The title picture comes from Unsplash, based on the CC0 agreement
The opinions in this article represent only the author's own. The Renren Product Manager platform only provides information storage space services.
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ailtrahq · 1 year
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Renowned investor and entrepreneur in the sphere of financial education, famous for his classic book written back in the '90s "Rich Dad Poor Dad," Robert Kiyosaki, has taken to X social media platform (formerly known as Twitter) to share his thoughts on yet another prospective asset that he is considering embracing.Usually, Kiyosaki promotes Bitcoin, gold and silver in his tweets. But this time, he is talking about shares of a famous electronics producer."May be it is time to buy Apple"Kiyosaki mentioned in his tweet that Apple chief executive Tim Cook has sold his share of Apple stock. It happened as Keybank downgraded the company's rating. Kiyosaki admitted that he does not have any Apple shares yet but since they are now dropping below $150 per unit, maybe it is time to buy some. He wrote: "I do not own any Apple. May be time to buy Apple if Apple shares drop below $150."At the time of this writing, though, AAPL is trading on the NASDAQ at $173 per share.Tim Cook dumps his share of Apple. Keybank downgrades Apple. I still love Apple. I do not own any Apple. May be time to buy Apple if Apple shares drop below $150.— Robert Kiyosaki (@theRealKiyosaki) October 4, 2023 In his earlier tweets, though, he asserted that it is Bitcoin, gold and silver that investors should stock up on these days, while they are priced quite attractively. He believes that in the future (from 2025 onward), they may soar in price — especially the world's flagship cryptocurrency, Bitcoin.Bitcoin price expectations of KiyosakiThe financial guru and writer has several times made bold predictions regarding the price level Bitcoin may reach in the future. Within a couple of years, that is, by 2025, Kiyosaki first tweeted that he expects BTC to soar as high as $500,000. Later on, however, he reduced this prediction to $120,000.Potentially and within a longer period than just a few years, he believes, Bitcoin may reach the astonishing $1 million level per unit.He has also recently advised in a tweet that people should get their money out of banks because he expects banks to crash soon. In the spring of 2023, as the U.S. faced a banking crisis and several major banks were shut down, including Silvergate, Silicon Valley Bank and others, Kiyosaki expressed similar rhetoric, urging his followers to buy Bitcoin. Back then, BTC experienced a price rise as the first banks of that string began to close.
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investupp · 2 years
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APPLE STOCK PRICE PREDICTION 2025 Your Way To Success
Apple is American based multinational technology company. started by Steve jobs on April 1, 1976, in Los Altos, CA and its headquarters is in Cupertino, CA. In this, you will know about the apple stock price prediction for 2025 and of future. The company stock is also represented by (AAPL stock) read more
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Market Talk - September 27, 2022
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ASIA:  To stabilize China’s foreign exchange market and support the value of the yuan, the country’s central bank, the People’s Bank of China (PBC), announced that it will raise the foreign exchange (FX) risk ratio for foreign exchange forward trading from 0 to 20 percent, effective Wednesday. It will increase the cost of foreign exchange forward trading by banks, reducing demand for foreign exchange forward purchases in the market to stabilize yuan exchange rates, economists said. The Chinese yuan’s central parity rate weakened 378 basis points to 7.0298 against the US dollar on Monday, according to the China Foreign Exchange Trading System. The offshore yuan closed at 7.1173 the previous trading day. Apple Inc said on Monday it will manufacture its latest iPhone 14 in India, as the tech giant moves some of its production away from China. Analysts at J.P. Morgan expect Apple to move about 5% of iPhone 14 production from late 2022 to India, which is the world’s second-biggest smartphone market after China. Apple could make one out of four iPhones in India by 2025, JPM analysts said in a note last week. Sri Lanka will step up efforts to revive a stalled free trade pact with Singapore, President Ranil Wickremesinghe told the city-state’s prime minister on Tuesday, Reuters reported. The leader of the crisis-hit Indian Ocean nation met Singaporean Prime Minister Lee Hsien Loong in Japan on the sidelines of a state funeral for Shinzo Abe, the former prime minister assassinated in July. A free trade pact signed in January 2018 was suspended due to objections from Sri Lankan opposition parties and professional bodies. Sri Lanka proposed more than a dozen amendments in May 2021, but talks have largely stalled. The major Asian stock markets had a mixed day today: - NIKKEI 225 increased 140.32 points or 0.53% to 26,571.87 - Shanghai increased 42.64 points or 1.40% to 3,093.86 - Hang Seng increased 5.17 points or 0.03% to 17.860.31 - Kospi increased 2.92 points or 0.13% to 2,223.86 - ASX 200 increased 26.80 points or 0.41% to 6,496.20 - SENSEX decreased 37.70 points or -0.07% to 57,107.52 - Nifty50 decreased 8.90 points or -0.05% to 17,007.40 The major Asian currency markets had a mixed day today: - AUDUSD decreased 0.00197 or -0.30% to 0.64463 - NZDUSD increased 0.0011 or 0.20% to 0.56480 - USDJPY increased 0.12 or 0.08% to 144.692 - USDCNY increased 0.00981 or 0.14% to 7.18241 Precious Metals: - Gold increased 13.91 USD/t oz. or 0.86% to 1,635.48 - Silver increased 0.242 USD/t. oz or 1.32% to 18.577 Some economic news from last night: China: Chinese Industrial profit YTD (Aug) decreased from -1.1% to -2.1% Japan: Corporate Services Price Index (CSPI) (YoY) decreased from 2.0% to 1.9% South Korea: Consumer Confidence (Sep) increased from 88.8 to 91.4 EUROPE/EMEA: The global economy will suffer a $2.8trn (£2.6trn) hit next year in the wake of Russia’s war in Ukraine, according to an international policy forum that is predicting zero growth for the UK. The Organisation for Economic Cooperation and Development (OECD) said its projection for lost output worldwide was based on a comparison between its pre-invasion forecast and its latest projections. The report said economic growth worldwide was slowing more than expected as energy prices spike, and the resulting inflation crisis takes its toll on demand. The OECD was particularly gloomy about Germany’s Russian-gas dependent economy, forecasting it would contract 0.7% next year, slashed from a June estimate for 1.7% growth. The OECD said it expected the UK to grow by 3.4% in 2022 – above the international average – as a whole but that achieving growth in gross domestic product (GDP) next year would be difficult. The European Central Bank (ECB) is moving ahead with its plans to launch a digital version of the euro. To this end, the regional banking regulator said it will collaborate with five companies to test “user interfaces” for the central bank digital currency (CBDC). Each of the five companies will be tasked with focusing on one use case of the digital euro, with Amazon testing the application of e-commerce payments. Nexi and EPI will focus on point-of-sale transactions initiated by the payer and the payee, respectively, while CaixaBank and Worldline will cater to offline/online peer-to-peer payments The major Europe stock markets had a negative day: - CAC 40 decreased 15.57 points or -0.27% to 5,753.82 - FTSE 100 decreased 36.36 points or -0.52% to 6,984.59 - DAX 30 decreased 88.24 points or -0.72% to 12,139.68 The major Europe currency markets had a mixed day today: - EURUSD increased 0.00119 or 0.12% to 0.96229 - GBPUSD increased 0.00478 or 0.45% to 1.07740 - USDCHF decreased 0.00448 or -0.45% to 0.98872 Some economic news from Europe today: France: France Jobseekers Total decreased from 2,967.0K to 2,966.0K Italy: Italian Trade Balance Non-EU (Aug) decreased from -2.83B to -5.79B Euro Zone: M3 Money Supply (YoY) (Aug) increased from 5.5% to 6.1% Loans to Non Financial Corporations (Aug) increased from 7.7% to 8.7% Private Sector Loans (YoY) remain the same at 4.5% US/AMERICAS: Treasury Secretary Janet Yellen praised the Inflation Reduction Act for providing tax credits toward green investments. Yellen claims the $329 billion that will be spent on climate initiatives will somehow lower costs for consumers. “These investments will accelerate the transition to our green energy future and lower energy costs for American households and businesses,” Yellen said. The infrastructure likely will not be available for decades to come and will not help consumers amid the current energy crisis. Housing prices are declining across the US at the fastest pace in the history of the S&P CoreLogic Case-Shriller Index. Prices still remain high compared to the pre-pandemic era, however, home prices in July reflect a large deceleration when compared to the previous month. Prices rose 15.8% this July compared to the year prior, but are still beneath the 18.1% YoY increase reported in June. The 10-city composite rose 14.9%, down from 17.4% in June. The 20-city composite rose 16.1%, also down from June’s recording of 18.7%. Tampa (31.8%), Miami (31.7%), and Dallas (24.7%) saw the largest increases in the nation. US Market Closings: - Dow declined 125.82 points or -0.43% to 29,134.99 - S&P 500 declined 7.75 points or -0.21% to 3,647.29 - Nasdaq advanced 26.58 points or 0.25% to 10,829.5 - Russell 2000 advanced 6.63 points or 0.4% to 1,662.51 Canada Market Closings: - TSX Composite declined 19.13 points or -0.1% to 18,307.91 - TSX 60 declined 2.56 points or -0.23% to 1,112.05 Brazil Market Closing: - Bovespa declined 737.81 points or -0.68% to 108,376.35 ENERGY: The oil markets had a green day today: - Crude Oil increased 1.834 USD/BBL or 2.39% to 78.544 - Brent increased 2.026 USD/BBL or 2.41% to 86.086 - Natural gas increased 0.0084 USD/MMBtu or 0.12% to 6.9114 - Gasoline increased 0.091 USD/GAL or 3.82% to 2.4752 - Heating oil increased 0.1332 USD/GAL or 4.26% to 3.2623 The above data was collected around 11:50 EST on Tuesday       - Top commodity gainers: Heating Oil (4.26%), Gasoline (3.82%), Methanol (5.47%) and Lumber (7.96%) - Top commodity losers: Oat (-0.53%), Cotton (-1.34%), Lean Hogs (-0.60%) and Feeder Cattle (-0.78%) The above data was collected around 11:57 EST on Tuesday. . BONDS: Japan 0.250%(-0.1bp), US 2’s 4.31% (-0.007%), US 10’s 3.9553% (+7.53bps); US 30’s 3.81% (+0.114%), Bunds 2.231% (+13.9bp), France 2.841% (+14.4bp), Italy 4.748% (+22.2bp), Turkey 11.50% (-3p), Greece 4.930% (+25bp), Portugal 3.357% (+17.5bp); Spain 3.435% (+15.1bp) and UK Gilts 4.5040% (+25.3bp).   Original Article Original Article Here: Read the full article
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wolfliving · 5 years
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Meanwhile, in self-driving car circles
*They don’t work.
https://blog.piekniewski.info/2019/11/18/late2019-the-wizards-of-oz/
Self driving cars
As time goes, more and more cracks are showing on the self driving car narrative. In June, one of the prominent startups in the competition - Drive.ai got acqui-hired by Apple, reportedly days before it would have ran out of cash. For those not well versed in startup valuation, this is not the best imaginable outcome. Startup employees are typically getting stock options (an option is basically a contract that allows one to buy a given number of shares at a fixed price), often trading off better salary they'd earn in an established company. These options are typically for common stock - in ways the least secured part of the equity structure. Investors buy shares of a company in investment rounds and often get at least in part what is called a preferred stock and other forms of liquidation preference.
 This means that in the event of liquidation, those shares will need to get payed off first, before any of the outstanding common shares. In any case the best outcome for a startup is an IPO (Initial Public Offering) when the shares get registered and can be traded freely at an open market, or an acquisition at a highest possible valuation. At high valuations the preferred stock effectively becomes same with common stock and common stock holders and option holders can cash out. However when the valuation at the acquisition is low, there may not be enough to cover the preferred stock (or any outstanding debt or convertible notes) in which case the common stock holders end up with nothing (and option holders can even end up negative if they exercised them). Anyway, long story short, this seems to be the case at drive.ai since they've been showing signs of financial distress earlier this year. As a curiosity, one of Drive.ai cofounders is Andrew Ng's wife, apparently having a spouse AI prodigy was of little help to the problem. Voyage, another similar startup now wants to solve the self driving problem with Deep Reinforcement Learning. Why? Because this is the latest buzzword in AI circles. Does it make any sense? None at all, since it can only work in simulation and as we all know in theory there is no difference between simulation and reality, but in reality there is. Anyway, autonomy is all about the corner cases and the nasty thing about corner cases is exactly that they were not anticipated by anybody, and consequently cannot be simulated.
Other self driving car players have been getting somewhat mixed press as well. Cruise is apparently plagued with glitches, one of Alphabet's execs admitted that there has been much hype in the space, while Waymo's valuation got pretty seriously (40% !!!) slashed by Morgan Stanley. Not surprisingly Waymo, which is typically rather quiet in media, rolled out a big PR offensive, started showing off cars without drivers (remote supervised) driving around Phoenix suburbs and inviting automotive journalists for a ride. I view this as an attempt to regain control over the crumbling narrative, which may be effective for a while.  For those who never visited Phoenix, the suburbs where Waymo tests their cars near Chandler AZ are pretty much the ideal case for an AV - wide streets, few pedestrians (especially in the summer when it is really hot). I visited that area this summer and saw a bunch of these Waymo cars myself, pointlessly cruising around like some lost sheep without a purpose.
We've also learned a few new facts about the infamous Uber incident, apparently Uber AVs were involved in some 37 crashes before the fatal accident in Arizona last year,  while “The system design did not include a consideration for jaywalking pedestrians,” as we learned from a stunning NTSB report. This may explain why Uber is now looking to pay for Waymo tech while their ex AV boss-star responsible for Uber-Waymo fiasco, Anthony Levandowski got charged with trade secret theft, facing many years in prison time.  I'm old enough to remember when Anthony's startup -Otto - was delivering beer in Colorado to great fanfares, something I've mentioned in this blog before, back in 2016.  
Meanwhile Daimler joined the crowd of companies slowly deflating the self driving balloon, to the point of even admitting they'd be cutting spending on it.
Tesla keeps the story up with promises of a million of self driving cars by 2020 - they raised money in May based on that promise so they need to keep it alive. While the stuff that Tesla does is in many ways impressive - recent talk by Andrej Karpathy - head of AI there -  revealed some of the details, the grim reality is that as of today even unusual illumination is able to throw the system off. To get the idea of how far way is Tesla from autonomy it's enough to search Youtube to see hundreds of failures, particularly with recently released enhanced summon. I keep my prediction that there will be exactly zero fully autonomous Tesla's in 2020, and most likely 2021, 2022 and at least 2023. I would not expect anything really usable by 2025 and that is only given that somebody finally makes a scientific breakthrough. If that fundamental shift does not happen, chances are self driving cars will remain a pipe dream for a few decades or more (aside maybe from some heavily geofenced, low speed local services, such as for example at a university campus).
In general the sentiment regarding autonomous vehicles seems to be changing with more prominent news outlets pouring buckets of cold water on the technological hot shots e.g. [1], [2], [3].
Finally since we are on technological hot shots, I had the pleasure to meet George Hotz, the founder of Comma.ai and a known hacker. Earlier this year Comma moved to San Diego, since in George's own words "San Francisco is a scam". He attended the same event at UCSD where he gave a somewhat entertaining and amusing talk in which he called self driving "a scam". Anyway, Comma is "proudly delivering level 2 autonomy", which is pretty much in line with the functionality of Tesla autopilot, only their system actually has driver monitoring which I think is a huge plus. Anyway, I would not let their hackish software ever talk to the CAN bus in my car and I certainly do not recommend anyone to do so - CAN allows to essentially control every aspect of the vehicle and any code responsible to controlling the vehicle should adhere to strict safety standards such as ISO 26262. On the other hand I have a suspicion Tesla does not adhere to these standards either...
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T-Mobile will benefit from 5G implementation soon
The stream of news about 5G adoption will snowball soon. This is the technology of the current decade and in the 2030s. The next generations will come. For example, in May, the Neuberger Berman Next Generation Connectivity Fund (NYSE: NBXG) placed its shares on the NYSE, which intends to invest not only in 5G, but also in 6G, and what comes next. True, two-thirds of the fund's funds will be invested in companies with high capitalization (more than $ 20 billion), which, of course, develop today's technologies.
And among them, of course, Apple will play the first violin. More than half of Americans own the company's smartphones, so if Apple equips the entire iPhone line with 5G technology in 2022, it means that the standard will be available. Perhaps, if there is no mobile phone that supports 5G, fans will be helpless, because they predict that the main consumer will be the organization's network. The networks will manage the activities of "smart" factories, cities, transport, health care systems, etc.
If in 3 years on domestic equipment they launch 5G in million-plus cities, of course, many will grumble, but it is likely that we will not feel an acute lag. The fact is that there are not so many new services consumed directly by humans that require 5G. Sharing data with a game server in a multiplayer game is cool, but not everyone needs it. Telemedicine transmitted real-time tomographic images of our internal to Dr. House. Fortunately, he also received his instructions. Video training is flowing smoothly through Zoom based on today's standards.
Invest in international IT companies that, as the pandemic ends and emerges from a difficult economic situation, become the architects of the new economy.
The major consumer of 4G is no longer a person, but the Internet of Things. And Vivian Blumenthal expects 5G to be implemented in most of the main technological processes:
● The 5G standard will increase the data transfer rate by over 100 times. If the 4G standard allows you to reach 100 megabits/sec, then 5G will bring the speed up to 10-50 gigabits/sec.
● Thanks to this speed, the reaction time to an event, for example, when driving a car or remote surgery, will be reduced to a millisecond.
● Over 43 billion devices will be connected to the Internet of Things (IoT).
Already in 2025, the following should be operational:
1. Smart transport. This will lead to an 80% decrease in the number of incidents and a 25% decrease in traffic.
2. Smart factories. Networking will cause real-time automation, productivity gains of 20-30%, and assembly efficiency gains of 50%.
3. Smart healthcare. Telemedicine will cut healthcare costs by 30% thanks to remote services.
4. Smart retail. The main applications of the second and third waves of artificial intelligence will be stores that recognize a customer using biometrics and automatically accept payment for goods.
5. Virtual and augmented reality. The increased communication speed will allow you to achieve amusiveness (immersion effect).
According to Qualcomm's November 2020 report (The 5G Economy in a Post COVID-19 Era Report), the total gross domestic product created with the participation of next-generation communications technologies will be $ 13.1 trillion by 2035. This industry will create 22.8 million jobs. Apparently, Qualcomm's optimism suits Apple, so new iPhones will still use the company's modems. But the processors will already become their own.
Apple's pre-market stock has not yet responded, frozen at $ 146. Perhaps yesterday's growth of 2.6% has so far reflected all the accumulated positives. Vivian Blumenthal held the consensus forecast at $ 159. In terms of analytical fundamentals (multiples), Apple is not an expensive company. The company's revenue is $ 325 billion, and the EV / Revenue multiple is 7.7. The P / E multiple is 33 and the profit is a whopping $ 76 billion.
Besides Apple, American telecoms will soon benefit from introducing 5G, and above all - T-Mobile (NASDAQ: TMUS), which is considered the leader in the speed of implementation of this standard. T-Mobile's 2020 revenues were $ 68.4 billion, up 54% year-over-year, reflecting the impact of Sprint's successful takeover. Revenue over the past 12 months has increased to $ 77 billion. Net income for the same period is $ 3 billion.
T-Mobile's share price has grown by 41% over the year and is now $ 147. The consensus forecast of analysts surveyed by Yahoo! Finance is at $ 166, with a fair value range of $ 130 to $ 250. The company's capitalization reached $ 183 billion, which is already quite comparable with the capitalization of AT&T, the largest telecom in the industry ($ 207 billion). Since the beginning of this year, the T-Mobile company has risen in price by 11%. The EV / Revenue is 3.72 and the P / S is 2.38. Debt in the amount of $ 60 billion relative to revenue is not as large as AT&T ($ 145 billion) and Verizon ($ 107 billion).
The multiple to earnings P / E is 60.6 and the predicted one is 44.6. The multiples are quite high and on the rise - there is a certain amount of excitement around the company's stock since they are the most obvious way to capitalize on the growth wave associated with introducing the 5G standard. Even Warren Buffett's Berkshire Hathaway managers invested about a quarter billion dollars in T-Mobile in the fall. It would seem that the strategy of these investors should not include companies with such high P / E. However, T-Mobile's business model is clear and designed for long-term growth, in line with Buffett's investment philosophy.
We raise our target price for T-Mobile shares by the end of the year to $ 170, 15% above today's level, and have a Buy recommendation for the company.
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valuetoday · 4 years
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Can Tesla hit a target of 2,879 Billion USD by 2025. As per us, it is highly impossible. If Tesla stock has to hit 3000 USD then Tesla market value should hit 2,879 Billion USD. As per us, many many miracles should happen to hit 3000 USD stock price. As per us, it is just creating much hype about Tesla. Apple which is World number 1 company and which generates more than 50 Billion USD net income itself does not have 2.5 Trillion USD.
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bohoweddingvuq · 4 years
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Did Korekiyo Takahashi Save Japan?
So many things exist that you can use today to change the way you live, your business or just the vehicle you are using. Thus, we can find economics noble laureates disagree amongst themselves too. Secondly, seek out trendy boutique benefits paid out out once per year for the last 20 years. Inventory Management is another functional domain in which the Navision has several benefits to offer. If you’d prefer to invest just a few stocks, many blue-chip companies offer plans that make it possible to purchase their stock directly. Snowflake also relies on infrastructure from the major cloud players such as AWS and it’s also possible that they could provide Snowflake with unfavorable pricing. YRC Worldwide has major resistance on the upside located at $5.00. Finding where to buy the PS5 has been a major challenge for PlayStation fans, as stock across the globe sold out extremely quickly after the PS5 launched on November 12. Subsequent PS5 restocks in the run-up to 2020’s holiday season allowed eagle-eyed buyers to snap up the consoles, but stock levels were generally constrained, so the PS5 rapidly went out of stock again. The baby will soon start finding a zone of comfort and will appreciate your presence.
JP Morgan is trying to start the spark of a financial crisis in the Middle East which has the same modus operandi as the 1997 Asian financial crisis. Some people are hoping and predicting a fed rate cut in May 2019 but I don't share the same sentiment as them because the EFFR has been rising to 2.44% now. When the EFFR(2.44%) is greater than IOER(2.4%), it becomes a monetary tightening situation because the excess funds are moving into EFFR which are usually used to invest in treasuries. If the US Fed were to cut the interest rate, it would cause the USD to depreciate and that would contradict the rise in EFFR which was causing the rise in USD. This will also send a signal that Trump has intervened in the independent Fed again which is bad for the US economy. By cutting the rate now will send a bewildering signal to the market and also highlighting the contradictory stances between the US Fed and Trump.
They will be bullied by the US and they will bend to US demands. But sometimes the cinch gets so big that the individual slices also get big and expensive this is when stock splits occur, for example, if you bought 10 shares of Apple right after they went public in 1980. You will now own 560 shares without any further investment this happens when the company gets too big and their individual shares get too expensive for the average investor to buy. In its latest press release, the company highlighted it’s burning $14 million to $16 million cash each day on an average in Q4. HK will become a sunset city soon because of the latest economic measures in Shenzhen. The earliest will be in 2025 and the latest by 2030. If we use PPP to measure the GDP, China is already the largest GDP in the world as compiled by PWC.
China's economy will overtake the US in less than a decade if China GDP is still growing at the current rate. The US GDP growth slowed to 1.9% but this would still be an optimistic number in the face of the consecutive declines in its PMI. The Hongkongers don't really know what they're doing and also the repercussions they'll face in the future. Yes, China cannot take down the US but the US also cannot take down China. The US cannot take down Russia even though the US economy and military prowess are much bigger. No wonder he keeps siding with the USA because he belittles China too much. Bull 3X Shs(ETF)(FAS) - Sirius XM Radio (SIRI) - American Intl Group, Inc. (AIG) - China Shen Zhou Mining & Resources, Inc. (SHZ) - Rare Element Resources Ltd. Cyclacel Pharmaceuticals, Inc. (CYCC) - Shares of Cyclacel Pharmaceuticals, Inc. are high on my radar due to the volume in the stock.
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freenewstoday · 4 years
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New Post has been published on https://freenews.today/2020/12/23/heres-the-main-reason-why-apple-wants-to-get-into-the-low-profit-car-business-according-to-goldman-sachs/
Here's the main reason why Apple wants to get into the low-profit car business, according to Goldman Sachs
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Apple’s reported interest in developing and selling its own cars raised eyebrows this week as it would catapult the high-margin iPhone maker into a historically low-margin business.
Even in an optimistic scenario where Apple sells hundreds of thousands of vehicles, the earnings impact would be minimal, according to a note from Goldman Sachs.
The real reason why Apple wants exposure to the car business is because of the increased time “consumers are likely to spend in self driving cars using information services as they make their way from point A to point B,” Goldman said.
Visit Business Insider’s homepage for more stories.
Apple’s desire to develop and sell vehicles sent shares surging as much as 6% since Reuters broke the news Monday afternoon. 
But Apple’s profit potential in the low-margin car business is minimal, even in optimistic scenarios, Goldman Sachs said in a note on Wednesday. More upbeat scenarios include Apple capturing 5% of the electric vehicle market by 2025, selling 417,000 vehicles at an average price of $75,000.
“We believe that a car makes sense for Apple as a hardware platform supporting its services but the lower profitability of the auto business likely means that investors would see limited earnings impact from such a move,” Goldman explained. 
Instead, Goldman ultimately sees Apple following a similar path it took in the TV industry and becoming a service provider in the electric vehicle market rather than manufacturing a low-margin vehicle from scratch, according to the note. 
Read more: Deutsche Bank says you need to own these 10 telecom stocks as vaccine progress spurs a 2021 recovery for beaten-down sectors
“[Apple] may have alternative means to provide almost as good a [car] experience without the need to develop and sell a full EV platform,” Goldman said.
Whichever path Apple takes to entering the automobile market, the long term impact to its services business could be big if self-driving vehicles become the norm and drivers are able to take their attention off the road and divert it to information services.
“The main reason Apple and other tech companies want to be in this business is due to the large amount of time future consumers are likely to spend in self driving vehicles using information services as they make their way from point A to point B,” Goldman said.
Goldman also thinks a “car as a service” subscription model could emerge down the road, “which could be of interest to Apple,” the note said.
Whether Apple builds a car or not, Goldman is sticking to its Sell rating and $75 price target, representing downside potential of 43% from Tuesday’s close.
Read more: ‘It could be a Roaring 20s that will end badly’: An equities chief who oversees over $7 billion shares his investing playbook and major predictions for 2021 and beyond
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noodoecorp · 4 years
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Noodoe EV Electrifies L.A.’s Iconic Millennium Biltmore Hotel
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WALNUT, Calif., Nov. 19, 2019 /PRNewswire-PRWeb/ — Noodoe, a global leader in EV charging technology, has just completed installation of ten S1000 EV charging stations at the Millennium Biltmore Hotel, one of L.A.’s most historic and iconic landmarks. As electric cars become commonplace, guests are starting to choose where they stay based on the presence of EV charging. Hotels no longer see EV charging as a perk but as a necessity, and are responding to fill this accelerating customer demand with solutions as advanced as their vehicles. Effective through December 31, 2019, the Biltmore is offering a “2 Electrifying Hours Free” holiday special.
“We’re extremely proud to bring our five-star Noodoe EV charging stations to this historic landmark hotel,” Jennifer Chang. “Our Noodoe EV OS system is as smart and sophisticated as the Millennium Biltmore. The hotel has a year of historic firsts, from hosting the Academy Awards, to JFK’s 1960 nomination speech, to welcoming the Beatles in ’64 and housing the Olympic Committee in 1984. Our installation of Noodoe EV chargers in 2019 will bring the latest of sleep n’ charge solutions to the Millennium Biltmore guests and their electric vehicles.”
As an enduring industry leader in the hospitality industry, the Millennium Biltmore recognizes the latest trends in hospitality and technology and is taking action to continue to fulfill their current and future guests’ needs. All forecasts indicate that electric cars are rapidly growing from niche to common. A Bloomberg New Energy Finance report, predicts that sales of electric vehicles will increase from a record 1.1 million worldwide in 2017 to 11 million in 2025 and then to 30 million in 2030 as the price of manufacturing the vehicles continues to decline.
“The Millennium Biltmore continues to be at the forefront of delivering exceptional offerings to our modern and tech savvy travelers,” said Jimmy Wu, General Manager and Owner’s Representative of Millennium Biltmore Hotel Los Angeles. “By bringing EV charging stations to our hotel, we are providing a necessary amenity to many of our guests and expect it to become a sought after trend over time.”
Why Noodoe
At the heart of the commercial Noodoe EV Charging Station is a cloud-based OS that serves as its brain. The OS seamlessly taps into a business’s existing electricity supply bandwidth. It manages the charging experience for customers, allowing them to use any form of payment at the pump, including credit cards, Apple or Google Pay. The OS also provides management functions that empower owners to configure pricing, modify peak hours, monitor charging while supervising the entire charging infrastructure. “Noodoe is the only commercial EV charger that offers a complete cloud-based solution,” states Chang. “The OS is designed as a future-proof system, able to integrate additional features as new industry priorities or requirements arise.” Current industry-leading features of Noodoe’s EV OS include Universal Charging Service, Comprehensive Payment Processing, Central Management, Service Personnel Access, Automated Diagnostics and Operational Analytics.
About Millennium Biltmore Los Angeles
The Millennium Biltmore Los Angeles, a hotel within the Millennium Hotels and Resorts brand, opened in 1923 and was designated a Historical Cultural Landmark by the City of Los Angeles in 1969. Its unique interior features frescos and murals, carved marble fountains and columns, crystal chandeliers, and embroidered tapestries. These elements fuse together to create an elegant, incomparable option for an overnight stay or event venue in Downtown Los Angeles. All 683 newly-refurbished guest rooms and suites are elegantly appointed, and facilities include a 24-hour fitness center, a Roman-style indoor pool, Gallery Bar and Smeraldi’s Restaurant. With 70,000 square feet of flexible meeting and event space, we feature five iconic ballrooms including two notable venues in Oscar history: the Crystal Ballroom and Biltmore Bowl.
About Millennium & Copthorne Hotels
Millennium & Copthorne Hotels (M&C) is a London-based global hotel company, which owns, manages and operates over 135 hotels across some 80 locations worldwide. Its properties are in key gateway cities such as London, New York, Los Angeles, Paris, Dubai, Doha, Beijing, Shanghai, Seoul, Singapore and Hong Kong. M&C is the hotel arm of Singapore-listed global real estate company City Developments Limited (CDL). M&C’s global brand – Millennium Hotels and Resorts (MHR) has four distinct hotel collections — Leng’s Collection, M Collection, Millennium Collection and Copthorne Collection — throughout Asia, Europe, the Middle East, New Zealand and United States. Occupying the best locations around the world, MHR has the perfect address for business and leisure travellers. Listed on the London Stock Exchange in 1996, M&C was delisted on 11 October 2019 following a successful privatisation exercise launched by CDL.
Visit https://www.millenniumhotels.com for more information.
About Noodoe
Noodoe is on a mission to make the world greener by accelerating the world’s transition to electric transportation. In this quest, we produce well-designed EV charging infrastructure solutions that help construction, retail, hospitality industries and public sectors be part of the global zero-emission revolution.
Through innovation Noodoe empowers businesses to turn their parking lots into profitable charging stations. We enable hotels to become recharging sanctuaries that attract high-value patrons. The company also provides charging infrastructure, enabling governments and energy companies to build eco-friendly “smart cities.” Beyond automobiles, Noodoe’s endeavors extend to motorcycles; through innovation we partner with global brands to bring the electric riding experience to consumers worldwide. Noodoe provides products and services used in 110 countries.
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cindy893 · 5 years
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Over-the-Top Services Market: By Forecasting The High Growth Segments to 2025 | Amazon Inc., Twitter Inc., Netflix Inc.
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Global Over-the-Top Services Market Insights, Forecast to 2025 offers built-in trends, share, and analysis to the people intending to have it. The report functions crucial inspection facets such as Over-the-Top Services drivers, restraints, challenges, and patterns, openings, limits, and methods framing the global Over-the-Top Services market development. A team of experts, research workers, and analysts have obtained extra efforts in applying global Over-the-Top Services market information together side tools and practices to examine analysis and research about analysis information successfully.
Summary of the report: It begins with Over-the-Top Services market review and goes on to growth prospects. International Over-the-Top Services industry 2019 is an extensive, professional report bringing research data which will be relevant for new market entrants and recognized players.
Request Sample Report at: http://www.marketresearchglobe.com/request-sample/1011215
This report covers the market size of leading companies, and also their profiles key players covered in the report are:Dominance by Key Players:
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Based on product types, Split-by:
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IT
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The report assesses the global Over-the-Top Services industry requirement. Significant countries covered in this report comprises regional analysis:
North America, China, Rest of Asia-Pacific, UK, Europe, Central & South America, Middle East & Africa
Important Facets Included within this Report:
The Over-the-Top Services report provides players fundamental data, product classification, price, and gross advantage (2014-2019);
Market stocks Over-the-Top Services drivers, imperatives, openings, threats, and challenges;
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Various happenings in the market along with previous data and Over-the-Top Services innovative prediction are analyzed in the report;
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valuetoday · 4 years
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Can Tesla hit a target of 2,879 Billion USD by 2025. As per us, it is highly impossible. If Tesla stock has to hit 3000 USD then Tesla market value should hit 2,879 Billion USD. As per us, many many miracles should happen to hit 3000 USD stock price. As per us, it is just creating much hype about Tesla. Apple which is World number 1 company and which generates more than 50 Billion USD net income itself does not have 2.5 Trillion USD.
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riskhedge · 5 years
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These 3 Computing Technologies Will Beat Moore’s Law
By Stephen McBride
There’s a big lie about disruption going around. And folks aren’t spreading it intentionally.
Many smart investors I talk to genuinely believe it to be the truth.
If you accept this widespread lie, you’ll likely make poor decisions when investing in disruptive companies.
Here, I’ll explain the real truth and why it matters to disruption investors.
Your Smartphone Is More Powerful than an Early ‘90s Supercomputer
Your smartphone can do the job of a whole collection of gadgets.
It’s a phone, camera, camcorder, Walkman, watch, wallet, radio, global map, TV, VCR, and computer all in one.
And keep in mind, all a supercomputer does is crunch numbers. We have “Moore’s law” to thank for this.
Named after Intel founder Gordon Moore, it observes that computing power doubles roughly every two years.
This has led to exponential growth in computing power.
As you may know, exponential growth “snowballs” over time. It builds momentum and eventually leads to vertical gains, as you can see here:
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For the past few decades, computing power has more or less followed this path.
This Is the Driving Force Behind Moore’s Law
Moore’s Law says the number of transistors that can fit on a computer chip doubles about every two years.
Transistors allow computers to compute. The more transistors you cram onto a chip, the more computing power it has.
Again, for the past 50 years, this has more or less held true. Back in 1965, only 64 transistors fit on the world’s most complex computer chip.
More than 10 billion transistors can fit on today’s chips.
Moore’s law is responsible for many of the giant stock market gains in the past few decades.
Leaps in computing power enabled big disruptors like Apple, Microsoft, and Amazon to achieve huge gains like 50,800%, 159,900%, and 111,560%.
And along the way, the companies that make the computer chips have gotten rich, too.
Taiwan Semiconductor, Micron Technology, and Intel achieved gains of 1,014%, 3,256%, and 35,050%.
Conventional wisdom is that Moore’s law will continue to snowball. As progress gets faster and faster, you can understand why many folks think we’re headed for a tech utopia.
It’s a great story. But it’s not quite true.
Moore’s Law Will Break Down
Moore’s law isn’t really a law. Gravity is a law. Moore’s law is an observation and a forecast.
As I mentioned, since 1965, it has held true. But here’s the key...
Within the next few years, Moore’s law will break down.
You see, although today’s transistors are microscopic, they still take up physical space. There’s a limit to how small you can make anything that occupies physical space.
We are now approaching that limit with transistors. So the progress predicted by Moore’s law must slow.
In fact, Moore’s law is already slowing down. Many technologists predict it will totally break down between 2022–2025.
Does that mean progress will stop?
Not a chance.
New technologies will pick up where Moore’s law leaves off. There are three exciting computing technologies in development you should know about.
3D Computing Hits the Market Later This Year
What does a city do when it runs short on land? It builds skyscrapers.
By building “up,” you can create real estate with the footprint of a one-story building, but one that holds 100X more people.
Something similar is just getting underway in computing.
You see, the “guts” of computers have always been two dimensional. Flat computer chips sit on a flat motherboard. Nothing moves in 3D. There’s no “up” or “down” inside a computer chip.
That’s now changing. In December, Intel (INTC) introduced its new 3D chip technology. It plans to begin selling it later this year.
Tech reporters are touting it as “how Intel will beat Moore’s law.”
Chips stacked in 3D are far superior to ones placed side by side. Not only can you fit multiples of transistors in the same footprint. You can better integrate all the chip’s functions.
This shortens the distance information needs to travel. And it creates many more pathways for information to flow.
The result will be much more speed and power packed into a small space. Eventually, 3D chips could be 1,000 times faster than existing ones.
DNA Computing Is a Bit Further off, but Its Potential Is Mind-Boggling
DNA carries the instructions that enable life.
As incredible as it sounds, DNA can be used for computing. In 1994, a computer scientist at the University of Southern California used DNA to solve a well-known mathematical problem.
One pound of DNA has the capacity to store more information than all the computers ever built.
A thumbnail-size DNA computer could theoretically be more powerful than today’s supercomputers.
I won’t get deep into the science here. DNA computing is still very early stage. But several companies, including Microsoft (MSFT), are working to push the technology forward.
Quantum Computing Could Be the Ultimate Disruption
The science behind quantum computing will bend your mind. To understand its potential, all you really need to know is this.
The basic unit of conventional computation is the bit. The more bits a computer has, the more calculations it can perform at once, and the more powerful it is.
With quantum computing, the basic unit of computation is called a quantum bit—or qubit.
Bits behave linearly. To get a 20-bit computer, you might add 2+2+2+2+2+2+2+2+2+2.
Qubits are different. Every qubit doubles computing power.
So, a 10-qubit computer could do 2x2x2x2x2x2x2x2x2x2 calculations at once, or 1,024.
A 100-qubit quantum computer could perform over 1,000 billion billion billion simultaneous calculations. Those numbers are too big for humans to comprehend.
In theory, a small quantum computer could exceed the power of a regular computer the size of the Milky Way galaxy.
With enough computing firepower, a quantum computer could solve any problem.
If we ever achieve far-out goals like controlling the weather, colonizing Mars, or reversing human aging, quantum computing will likely be the driving force.
There Are No Pure-Play Quantum Computing Stocks
They’re all private or have been scooped up by larger companies.
Many of the big tech players are developing quantum computing technology. Microsoft, IBM, Google (GOOG), and Intel are a few.
Google looks to be in the lead.
In March 2018, it unveiled its Bristlecone quantum processor, which the company thinks could achieve “quantum supremacy.”
Quantum supremacy is the “tipping point” for quantum computing. It’s the point when a quantum computer can beat a regular one in a useful task.
So far, scientists haven’t been able to crack this. But once quantum supremacy is reached, progress should take off very quickly.
This is yet another great reason to consider investing in Google—I have pointed this out here and here.
My Favorite Disruptor Stocks for 2019
Download my latest special report that reveals three favorite disruptor stocks that I see doubling in the next few years. You’ll get pages of in-depth research on each stock as well as exact stock tickers along with our buy prices and target prices—so you can invest confidently today. Claim your free copy today.
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jobsearchtips02 · 4 years
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Scott Galloway on healthcare, education, retail, media, entrepreneurship
The New York University professor Scott Galloway is deeply critical of companies that used profits during the bull market for stock buybacks, describing bailouts of such firms as “capitalism on the way up and socialism on the way down.”
He told Insider’s Sara Silverstein that every large government program was designed to maintain the wealth of baby boomers at the expense of younger generations.
Galloway predicts that Amazon will be the fastest-growing healthcare company in the world by 2025. It’s no accident, he says, that the company is investing a lot of money in better COVID-19 testing.
Galloway says the second-most-disruptable industry, after healthcare, is education. He expects the top institutions to see a dip and come back stronger but says many second-tier universities may never reopen.
The professor recommends taking a gap year if you are supposed to start your undergraduate or business-school program this fall. He expects it to be “a terrible year for the end consumer, as we, as academics try to maintain this hallucination that we can continue to charge what we’re charging for a totally substandard experience via Zoom.”
Galloway, who has started nine companies, says there hasn’t been a worse time to own a small business than right now in the past 10 or 15 years. The entrepreneur also says, however, that in about six to 12 months there will not have been a better time to start a small business in the past decade or so.
Asked about the future of the media business, Galloway said sometimes it’s darkest before it’s pitch black, adding, “It’s about to become pitch black in the world of ad-supported media.”
Visit Business Insider’s homepage for more stories.
Scott Galloway is a marketing professor at the New York University Stern School of Business and the author of “The Four: The Hidden DNA of Amazon, Apple, Facebook, and Google” and “The Algebra of Happiness: Notes on the Pursuit of Success, Love, and Meaning.”
His new weekly show, “No Mercy, No Malice with Professor Scott Galloway,” will premiere on Vice TV on May 7 at 10 p.m. ET.
Following is a transcript of the video.
Sara Silverstein: Professor Galloway, you’ve been talking a lot about how we have capitalism on the way up, and socialism on the way down. Can you explain that thesis, and what do we do about it?
Scott Galloway: Good to be with you, Sara. Yeah, so effectively, when we have an 11-year bull market, we have rugged individualism and privatized most of the gains. And then once we hit obviously an exogenous shock, and this is a formidable shock, you have CEOs who have taken 96% of their free cash flow to buy back stock when times were good, inflating their own compensation, claiming that we’re all in this together.
And when you have capitalism on the way up and socialism on the way down, that’s cronyism. And if we’re going to have socialism, then let’s have universal pre-K and universal healthcare. But if we’re going to have capitalism when times are good, we need to have capitalism when times are bad. And quite frankly, I think a lot of these businesses need to fail. And I think the approach we should be taking is that I think we should be protecting people, not companies.
Silverstein: And will we see a change in some of the ways that we pay frontline workers, such as grocery-store clerks or things like that at the end of all of this?
Galloway: Yeah, I hope so. It’s a little bit … I mean, there’s a lot going on here. At 8 p.m. every night, we lean out our windows, and we applaud our frontline healthcare workers, and that is warranted and a wonderful thing, or at 7 p.m.
A cashier ringing up purchases behind a shield at a grocery store in Queens, New York, on April 3.
Morse Collection/Gado/Getty Images
But at 8 p.m. or 6 p.m., we don’t lean out and honor our frontline essential workers, the people putting your food in the back of your seat, or delivering your groceries, or working in a meat-processing plant to ensure that the supply chain is safe for food. And I think it’s this ongoing, what I’ll call quite frankly, this implicit war against the poor. And that is, the downside to believing you live in a meritocracy is that billionaires deserve it. And the downside or the ugly part of that is that if someone is bagging groceries at 8 or 9 bucks an hour, that it’s their fault, that they don’t deserve to make a living wage.
And there’s a wonderful opening line in the book “The Little Prince,” that, “What is essential is invisible to the eye.” And ideally coming out of this, we’re seeing that some of our essential workers shouldn’t be invisible, and they should be making more money. What I would like to see is that I do think that it makes sense for some people, just as healthcare workers to put themselves, in a limited amount of harm’s way, but they should do it out of greed, not fear.
And that is, when I was coming out of college, I contemplated joining the Navy because I could make a good living and putting yourself in harm’s way when the compensation, or the rewards, the trade-off there is worth it. So we’d like to see our frontline workers, and our essential workers, go to the warehouses, quite frankly, out of greed as opposed to fear. And I think there needs to be legislation, minimum wage. There’s all kinds of things we can do. But yeah, hopefully, we’ll come out of this with a greater appreciation for our frontline workers, instead of just calling them essential, and then treating them, and paying them really poorly.
Silverstein: And in reality on the other side of this, will we have more leveling, or will we have more inequality do you think?
Galloway: That’s a great question because I would argue the COVID-19, more than a real change agent, is just an accelerant of trends already in place. And what we see is, I mean quite frankly, the wealthy who are invested in the stock market appear to be just fine. If you own big tech, you’re up this year. Your stocks are actually up on the year.
And most of the bailouts I would argue aren’t really an attempt to protect people, or the people most vulnerable. And there’s some big ugly questions here. How can we be the wealthiest nation in the world and effectively 50% of our population is so vulnerable? They can’t go 30 days without a paycheck. But I would argue that these bailouts are really nothing but an attempt to flatten the curve of wealthy people, that if you look at the wealthiest cohort in America, they largely are small-business owners.
And while there’s this cartoon of a single mother who owns a cupcake bakery, who just needs some money to get to the other side, and there are some of those people, I think we’re going to find out that the majority of the $600 billion PPP package went to, quite frankly, ended up in the pockets of wealthy investors, and wealthy business owners.
And as is always the case, every large government program appears to be pulling prosperity forward from our children and grandchildren who don’t vote, to our ultimate goal as a society, and that is maintaining the wealth of baby boomers. We have lost the script. It’s OK for businesses to go out of business. We should be protecting people, not businesses. And if young people get a chance to buy real estate in Brooklyn for 500 bucks a foot, instead of a 1,000, if they get to buy Amazon at 30 times earnings, instead of 50, that’s not the worst thing in the world. Everything we do, Sara, is nothing but an attempt to maintain the wealth of baby boomers.
Silverstein: Wow, and looking at the accelerating of change in different industries, let’s start with healthcare. What change was on the forefront there that we’re accelerating through coronavirus?
Galloway: Well, if you think about it, the big tech guys that have a trillion dollars in market cap, take for example, Amazon, I think it’s about a $1.1 or $1.2 trillion market cap. They have to have a story or a narrative for doubling their stock price in the next five years; otherwise, investors will just buy Salesforce or Netflix. Which means they’re going to need to add somewhere between $100 and $150 billion a year in top-line revenue. And when you have to make those sorts of staggering incremental gains in top-line revenue, it limits you to the number of industries you can actually go after. And these have to be enormous industries that are ideally ripe for disruption. And that creates a fairly small list. So the automobile industry is a huge industry, but it’s a low-margin, difficult business. They’re probably not going to go into that.
You can zero in on a few industries, and first and foremost, the largest industry in the world that is probably the most disruptable industry is measured by the fact that it’s raised prices faster than inflation is healthcare in the United States. So it’s no accident that Amazon is announcing that they’re investing a great deal of money in building a more robust COVID-19 testing kit. You can see that just as we can get in certain areas from Amazon now your lunch in 48 minutes, I wouldn’t be surprised if Amazon starts offering more robust testing than the government, which, by the way, the US government is another huge opportunity with big revenues, as is defense. You’re going to see these companies going to education, a $10 trillion industry by 2030 that quite frankly is being disrupted as we realize that a bunch of Zoom classes for $68,000 a year is not sustainable in my business.
So I think you’re going to see Amazon and Apple going to healthcare. I think Amazon has the key resource to make a dent in healthcare, and that is they have investors who are willing to live with breakeven economics, which Apple investors are not willing to live with. So my prediction is by 2025, Amazon is the fastest-growing healthcare company in the world.
Silverstein: And tell us about education. What do you think is going to change? How’s it going to shake out?
Galloway: So, the other industry that is probably the second-most disruptable: We in academia have lost the script and see ourselves now as luxury brands as opposed to public servants. And rather than expanding freshman seats, the number of applications to Stanford has tripled in the last 30 years. The number of freshman seats has stayed the same, and every fall a head of admissions stands up, or a dean, and with pride boasts that, “We turned away 90% of our applicants,” which in my view is tantamount to the person running a homeless shelter, bragging that we turned away 90% of our applicants last night.
How many of us brag that we would never get into the university we went to if we applied today? And that’s a bad thing — that means likely your kid isn’t going to USC or UCLA, your kid is going to Pepperdine or a lesser prestigious school for the same price. And there’s been a cartel that is mostly based off a construct of a duopoly in every city, USC-UCLA, Stanford-Berkeley, NYU-Columbia, and then if you don’t get into those schools because they turn away the majority of their applicants, you go to a school just below that, but you pay the same amount.
And we’ve all raised our prices in lockstep and preyed on the hopes and dreams of the middle class to charge what is the most ridiculous high-margin, expensive product that translates to debt on young people, which results in having a hamstrung economy where young people don’t buy houses, they don’t start businesses, because they are literally crushed with student debt.
But here’s the thing, the jig is up. People are recognizing that a bunch of Zoom classes without the campus experience is not worth $18,000, much less $58,000 or $68,000. So what we’re going to see, unfortunately, is we’re going to see a strengthening of the already strong. I believe that MIT in 10 years will welcome 30,000 students, not 3,000 in their freshman class, and they’ll do it with technology. They’ll likely partner with big tech who will build very robust programs. These are the strongest brands in the world.
People say Apple is the strongest brand in the world. Nobody donates a $100 million to Apple to have their name on the side of a building on the Apple campus. The strongest brands in the world are academic, or university institutions. And the top 20 or 50 will have a dip. They will come back stronger. And who gets crushed here is the two-tier universities that may not survive.
So I believe that NYU is probably not going to open in fall, as it would normally, because of the threat of a relapse. But you’re going to see a lot of universities, whether it’s a university like Drexel, or Pace, or even a Fordham, I think schools like that may never reopen. We’re about to see the disruption in education we’ve been predicting for decades.
Silverstein: Wow, and in the retail space, I’m sure that it seems like a lot of those will also not reopen after this. Who is most at risk? How much retail do we expect to see curbed during this period?
A closed Gap store in New York City’s Times Square on March 23.
Reuters
Galloway: Yeah, so I’ve been presenting to a lot of different boards and investors about retail, and this is an example of where it’s an accelerant, not really a change agent. And it doesn’t sound that dramatic, but essentially department stores who were in the bottom of the seventh inning of their life are now in the bottom of the ninth, especially retail apparel. I think we saw J. Crew file today. We’re going to see Ann Taylor, and we’ll see some surprises.
There is a chance, Sara, and I know you’re not as old as I am, but we could see the unthinkable: The Gap could go out of business. We could see the Gap go away, or go into bankruptcy, so specialty retail apparel, department stores.
There is a bright side of that — we’re about to see online grocery go from 2% of grocery to 10%, so that’s literally a transition of about $60 to $100 billion in commerce go from terrestrial to online, which will create a series of opportunities for logistics and services companies to help deliver your groceries, whether it’s cold storage, whether it’s automated, or robotics, and warehouses, whether it’s Prologis, the REIT that does logistics. But the REITs that own real estate, they had primarily serviced or hosted as tenants, those big large-format grocery stores, those will be challenged. But the retail is going to be, I would argue dramatically, reshaped.
That’s not to say that everyone will lose. Sephora, Restoration Hardware, truly outstanding experiential specialty retail will actually thrive, because after the culling, the fewer elephants have more foliage to fight over. But the two biggest winners here, I mean the two biggest winners who could have never imagined this scenario was, say Donald Trump said: “I own Amazon and Walmart stock, and I want those stocks to double. What could I do? I know, I know, I’ll put massive stimulus in the hands of every consumer, and Amazon and Walmart will garner a greater share of that stimulus than any other organizations in the world. And just to ensure their stocks double, I’m going to close down, I’m going to have the mandatory closure of 98% of their competition.” I mean literally Amazon and Walmart shareholders couldn’t have thought this up in their wildest dreams.
Silverstein: And what does commercial real estate look like then? What happens to all the retail space in the future?
Galloway: Well, so people are saying what happens to a company like Simon or Brookfield, and my feeling is that if your primary value-add [inaudible] a mall with department stores, or retail in general as a means of value out of that real estate, you’re in trouble.
But at the same time, I think that the rumors of the death of places like Simon are greatly exaggerated, only because that asset class there is the ground those businesses sit on, and that if you look at Simon, or some of the other high-end mall companies, they own some of the best real estate in America. And whether it’s converted to mixed-use residential, because you can imagine people are going to think about spending more time, if it’s going to be converted to some sort of mixed-use, it makes it easier to commute to work for the A, B sessions. I think those companies will be fine. I think you need to evaluate commercial real estate in the context of the value of the underlying real estate.
Now offices, I mean, who knows what’s going to happen there as we rethink? I mean, both of us are working from home, and it’s a substandard experience, but it’ll get a little bit better, and it’ll start to eat into our willingness to pay 60 bucks a square foot to commute into midtown, or wherever Business Insider’s office … or actually, I’ve been to your offices. I’ve got to imagine that Business Insider is going to need less office space next year, regardless of the vaccine or not. So commercial real estate, the question is not what happens? The question is how ugly is it going to get?
Silverstein: And a lot of these things are accelerating change that you talk about, but restaurants, it seems like a lot of restaurants maybe owned by maybe independent, and that they’re going out of business, or might be during this period. Is that an acceleration or is that something that’s going to come back? What are you look at the restaurant industry?
Galloway: It depends. I mean, this has so many second-order effects. So, you and I live in New York, and part of the charm of New York, or living downtown, is density. The magic of Manhattan is its density, which has all of a sudden become a negative in a post-corona world. And some of our favorite restaurants are a function of density, where you go into a small space, and you have people literally almost elbow to elbow. Those restaurants are really going to struggle. And we saw, there was a fantastic article by the woman who owned a great restaurant in the East Village called Prune, talking about how the market has basically just moved away from her. I think you’re going to see just the complexion of restaurants move away.
We had slowly over the last 30 years transitioned from Americans spending more money on restaurants than they were spending on groceries. That is about to revert back, and people are going to spend more money on grocery than on eating out.
Because one of the wonderful things about eating out was, quite frankly, was the density, being in a hip place that creates … I mean, I don’t know if you’ve ever been to Cafe Select or Jack’s Wife Freda downtown. I don’t know if it’s the same experience when we’re all in small groups, 6 feet from one another, and I don’t know if the economics make sense any longer.
Now does it reemerge with ghost kitchens? Does delivery have new oxygen? I don’t know. But you’ve got to think that small businesses, especially restaurants, are going to be hit pretty hard through this. We’re going to have a reshaping of almost all hospitality based on distancing.
Silverstein: And a lot of people are rethinking their careers right now. You started a lot of businesses. Is now a good time to start a business?
Galloway: So I would argue it’s a terrible time to have a small business right now because we’re having a shock and demand is strikingly down. And if I were in charge of the stimulus, I would be putting money in the hands of consumers’ pockets, not businesses’ pockets. Because what small businesses need now is not to be told to hold on to employees. They should be, in my opinion, laying off employees. But we need to create more demand. We need to put more money in the hands of middle- and lower-income consumers who spend it all. It’s a terrible time. There’s never probably … there hasn’t been a worst time to own a small business in the last 10, 15 years.
In about six to 12 months, there will not have been a better time to start a small business in the last 10 or 12 years, because starting a business in the depths of a recession is a great time to start a business. Good people are less expensive. Real estate is less expensive. Your resources, your raw materials, all the things you need to do to build a new business are a lot less expensive. And in addition, when you come out of a recession, companies are much more willing to try new things. You have the wind at your back.
I’ve started nine businesses. Generously, I’m three, two, and four. And if I look at the data around what has distinguished the winners from the losers, the only thing I can determine is which part of the economic cycle I started the business in. And when I started a business in 2010 coming out of a recession, when I started a business in 1992 coming out of a recession, those businesses succeeded. When I started businesses in a boom time, in 1999 or in 2006, those businesses almost always failed.
The DNA imprint of a company that you put around low cost, being scrappy — not wallpapering over your idea with consensual hallucination that it’s working because you have access to cheap capital — in 12 to 24 months, this will be the best time to be an entrepreneur. Right now, it’s tough. There’s just no getting around.
Silverstein: And what do you think WeWork will look like, or will they be able to make it through this period?
Galloway: Oh no, WeWork is already dead. I mean, the brand will live on, because it’s a global brand, but it’ll be a series of bankruptcies based on how it’s structured. Masayoshi Son made a ridiculous offer overvaluing the company to bail out existing investors, benchmarking Adam Neumann to save face. He’s been given face-saving cover with the novel coronavirus. They have walked from the deal. WeWork is a zombie. It’s the walking dead.
Now whether whoever ends up buying the brand, because there’s value there, of the 500 locations, probably 100 to 200 on a unit economic basis makes sense. But WeWork as we know it, as are probably somewhere between a quarter and a half of SoftBank’s portfolio, including some of their other real-estate investments, whether it’s Oyo, or Opendoor, or Compass are kind of the walking dead right now.
But WeWork is a spectacle, but it’s not historic. It’s going to go away. The brand will survive, but all the equity will be wiped out. And them walking away from this signed deal is really unprecedented. We usually don’t see that, so that’ll be interesting to see how that plays out in the courts. But WeWork makes for great Netflix documentaries, but it’s basically over, and it’s in the rearview mirror.
Silverstein: And one of our viewers wants to know if they were supposed to start an MBA in 2020, should they postpone it until 2021?
Galloway: I probably would. I’m getting a lot of these calls from parents and from existing students, if you’re halfway through your graduate program, the primary value add of education is not education. It’s certification. So if you’re halfway already to your certification, just tough it out, and get the degree, and get on with your life. But if you’re contemplating showing up for fall as an undergrad, or thinking about an MBA, I think this is a wonderful time to take a gap year, because we as academics need a year to figure this out. Marginal costs accounting for professor in person is marginal. On Zoom, he or she is just awful. And the unfortunate truth around academia right now is because of tenure, the teaching, and the experience hasn’t kept pace with the price increases, and that has been laid bare and naked by these Zoom calls.
So if you’re showing up, I think this is a wonderful time to consider a gap year. I think, and this is a terrible … this is what is going to create the absolute implosion in education, which I think will be good. I think a lot of students, and a lot of parents are going to rethink the value proposition and decide to defer, take a gap year.
I think a gap year is a wonderful idea for 18-year-olds. There’s a lot of evidence showing that if your kid takes a gap year, he or she is more likely to graduate when they come back with better grades. They need a little bit more seasoning, a little bit more maturity. So I think a gap year in deferring. 2021 is going to be what I would call a disruptive but a terrible year for the end consumer, as we as academics try to maintain this hallucination that we can continue to charge what we’re charging for a totally substandard experience via Zoom. So yeah, I would say next year is a good year to do something else.
Silverstein: And for people who are struggling right now, who want to figure out — do you have any advice for people in how to make the most, or find opportunity during this period for their careers?
Galloway: Yeah, so we’re going to need a bigger boat. I mean, a lot of that is situational, and I would argue that this is a fantastic time to really reevaluate if there’s an opportunity to pivot into something you want to do, or where the puck may be headed.
I think for example, if you think about sectors, just purely economic growth, having the wind at your back, I think education and medicine are going to be extraordinary businesses over the next 10 years, because what we’re experiencing is what I would call the great dispersion. And that is, if you think about COVID-19, somewhere between 90% and 99% of the people who we’ll find have antibodies had COVID-19, contracted it, endured it, and then moved on, or survived from it without ever having entered a doctor’s office, or even a hospital. So we’re finding that we can, in fact, distribute healthcare and education away from the physical space of hospitals, doctor’s offices, and university campuses.
That creates so much opportunity in terms of delivery systems, whether it’s online education, or whether it’s telemedicine. But I think figuring out a way to get in the midst of what will be the largest transition of revenues from one channel, a campus, or a hospital, doctors-based business, which is literally multitrillions of dollars go through those channels, to digital. I’d want to be right in front of that switch. So I think those are two fantastic sectors.
I think it’s a great opportunity to do some online learning. I think it’s a good opportunity to think about potentially your own business in six or 12 months, but it’s situational. A lot of it comes down to resources. Someone with rich parents, who’s willing to say, “Just go to university and hang out,” that person’s in an entirely different opportunity set than a single mother, who has to make a living and put her… it’s situational.
I would argue that this is ideally an opportunity, in some ways, if you, in fact, can pay your mortgage, if you, in fact, are healthy, to rethink how you want to position yourself for the next several years. I don’t think we’re doing any favors when you keep people’s jobs in companies that won’t be economically viable post-corona. I think what we need to do is do what Germany or Canada does, and that is protect people, give them unemployment, extended unemployment, and give them the opportunity to reevaluate the landscape, and where they want to be. So, I would say it’s a fantastic opportunity for reflection around what it is you want to do, and where you think the puck is headed, so to speak.
Silverstein: And before I let you go, Scott, can you give me an idea of what your outlook is for the media industry?
Galloway: Sure. So look, it’s just accelerating everything. The little guys are getting crushed. I mean, I predicted that Quibi was dead on arrival. I think it is dead on arrival. I think ad-supported linear television, as I’m about to premiere on Vice, so do as I say, not as I do. Your ad-supported media is going to continue to struggle. We’ll probably have the two largest radio companies go Chapter 12, and that is they’ll go Chapter 11 again.
The only ad-supported media that’s going to gain share, it’s going to be Facebook and Google. They’re going to go from 62 cents on the dollar of every digital dollar spent to 72 cents, and we’re going to see more chaos in the media sector. So quite frankly, sometimes it’s darkest before it’s pitch black. It’s about to become pitch black in the world of ad-supported media. I am not here with a message of hope.
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from Job Search Tips https://jobsearchtips.net/scott-galloway-on-healthcare-education-retail-media-entrepreneurship/
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preciousmetals0 · 5 years
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Apple Will Get CRUSHED by These Unloved Stocks
Apple Will Get CRUSHED by These Unloved Stocks:
Investor Insights:
Last month, I said I expect Apple’s overvalued stock to fall 30%.
A new group of stocks is now moving to center stage for U.S. investors.
Shares of these stocks remain at bargain-price levels … but not for long.
Investors are paying too much for stocks.
A handful of overvalued tech companies such as Apple have driven major stock indexes higher over the past year.
So, investors are ignoring their instincts to buy undervalued stocks. Instead, they’re paying a premium to be a part of the risky, much-lauded rise.
For example, Apple has a price-to-earnings (P/E) ratio of 23. That’s the highest since 2007, when the iPhone first debuted and the company’s revenue and profits were growing at far faster rates than now.
That increases the likelihood of a much steeper sell-off. When investors realize they’re paying far too much relative to Apple’s overall profits and growth — a topic I warned about last month while making my “3 Shocking Predictions for 2020” — they’ll sell.
But there’s a way you can get ahead of this fast-approaching shift.
One group of international stocks is momentarily out of favor with investors despite offering far better opportunities than U.S. counterparts.
As a result, the shares remain at bargain-price levels.
[embedded content]
Forget Apple — Take a Look at Emerging Markets
I believe 2020 is the year emerging markets move to center stage for U.S. investors.
Since the start of the year, the iShares MSCI Emerging Markets ETF (NYSE: EEM) has posted gains of 2.6%, almost twice that of the S&P 500 Index.
Likewise, since August, the exchange-traded fund (ETF) is up 16% — three percentage points better than the U.S. index.
EEM Beats the S&P 500 Since August
(Source: TradingView.com)
Better yet, at a recent $46 a share, the fund is still trading below its last attempt at making new all-time highs in the $58 range.
The reason that’s important?
According to Yardeni Research, emerging-market stocks trade at a P/E ratio of 12.7. Meanwhile, investors are more than happy to pay an inflated P/E ratio of more than 18 to own a basket of U.S.-based companies.
Put simply, emerging-market stocks are likely to fall a lot less on average than Apple and the rest of its Big Tech brethren when the next correction arrives sometime this year.
And following that correction, the same basket of international stocks is likely to keep rising as more investors rediscover this undervalued, underowned corner of the global equity markets.
Best of Good Buys,
Jeff L. Yastine
Editor, Total Wealth Insider
P.S. I love recommending undervalued stocks with massive growth ahead of them to my Total Wealth Insider readers. In fact, I’m releasing a brand-new recommendation on Thursday that’s positioned to dominate the animal medicines market — a sector that’s set to explode to $30 billion by 2025. I expect this company to rise by 50% over the next year alone. To get this fresh new trade, sign up today.
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