Page 35 - Consumer Technology News Today : Breaking News, Live Updates & Top Stories | Vimarsana

First, to our lead. Apple is already facing production delays for the topoftheline iphone x. The delays come to two problems with the 3d sensor manufacturing process. Reports say makers of the components using facial recognition are struggling to reach adequate production levels. Bloombergs alex webb gave us the details. Alex what we know from the report yesterday, there were problems with the three sensors. That is causing delays. The wall street journal cued off that. They dug into it more. The sensor which projects the infrared interface which maps your face for the apple 3d facial recognit...

30s and in control of a billion dollar business, it has been quite the ride for nadiem makarim. Gojek has grown to become indonesias leading mobile on demand platform. The ridesharing app now controls 95 of the Online Food Delivery market. Gojek employs 300,000 riders, dominates the same day logistics market, all achieved in just two short years. Haslinda nadiem makarim, welcome to high flyers. Good to have you with us today. Nadiem thank you for having me. Haslinda gojek is a play on an indonesian word which is a motorbike rider. How did it come about . It has to do with harvard . Nadiem yes,...

I think theres a lot of noise in the summer. The economy is in very good safe. We have a robust economy with growth of 3 plus at least for the last two quarters, despite these rather disappointing unemployment numbers. I think we are past the crisis. Getting a lot of distortions out there, but the underlying economy is strong. Whats worrisome is the decline in unemployment happened for the wrong reasons. We saw pretty big drop in participation rates. This could be noise related to the hurricane. The job number is noisy. Down to 4. 1 unemployment. When you look at the u six number, down 1. 5 fo...

Every friday. The second a major decline for major averages, the first weekly decline for the s p 500 in nine. It was on a eight week winning streak, and this is partially due to concerns or at least a andh of tax cut legislation when Corporate Tax cuts could happen. If you break it down, you see some underlying weakness and specific in specific groups, namely energy, which is down 1 , and health care as well. You have consumer stocks both stabled and discretionary shares. Oil,u go through them we are seeing it lower with higher earlier in the session, and then it came down. Oil stocks have be...

Look at Consumer Technology space, youre talking b about amazon, which is over 2 waiting in the s p 500. The next closest company to them is less than 1 , so, a money manager, you have to own amazon. The same thing for google, which is close to 3 , only apple dwarf that, close to 4 . So these are must owns for Money Managers. As far as for the retail investor, okay, theres nothing about these quarterly reports that would encourage you to excel, except if you said its rich on evaluation basis. Weiss . Theres nothing you have to own, but i agree with joe in terms of how Money Managers look at th...