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Added on the 08/03/2019 10:06:16 - Copyright : Wochit
New research suggests that Warren Buffett's Apple investment might not payoff over the next decade. Dimensional Fund Advisors tracked the largest 10 US stocks at the start of each decade since 1930. Business Insider reports that DFA found that on average, they underperformed the market by 1.1% over the next five years and 1.5% over 10 years. Apple is the most valuable US stock with a $2-Trillion market capitalization. Buffett's Berkshire Hathaway counts Apple as the biggest holding in its equity portfolio. The investor's company has more than tripled its money on Apple in less than five years. The company might not gain significantly more for a long time.
One Chinese delivery service has found a mesmerising high-tech way to reduce on labour and maximise on efficiency, putting scores of robots to work to sort over 200,000 parcels and packages a day. Chinese delivery service Shentong Express Tracking employs dozens of yellow-topped robots on fixed tracks in their vast storerooms to pick up and drop off parcels to their proper locations based on data provided by the parcel barcode.
U.S. Democratic presidential candidate Bernie Sanders warns that financial-sector greed is destroying America and lays out a plan for the reform of Wall Street and the Federal Reserve. Rough Cut (no reporter narration).
Celebrities are just as excited with the new Apple iphone 6 and the iwatch as everyone else is and they are looking and tweeting with anticipation. Check it out.
The EU's landmark curbs on how tech titans do business online kicks in from March 7th. "As of midnight, the gatekeepers are required to prove that they are complying with the DMA (Digital Markets Act)", says Johannes Bahrke, EU spokesperson. Brussels is determined to create a more competitive online field that allows smaller players to flourish by ushering in a list of do's and don'ts for six so-called "gatekeepers" designated by the EU: Apple, Amazon, Google owner Alphabet, TikTok parent ByteDance, Meta and Microsoft. SOUNDBITE