Amazon is finishing off the year strong, selling "tens of millions of Alexa-enabled devices." The Amazon Alexa app tops the U.S. Android and iOS app stores, suggesting it did better than its competitors over the past month.
Can Google and Apple catch up in the home assistant market? Sascha Segan, Lead Analyst at PCMag.com, thinks it could be tough. Segan says that the Alexa network is far more integrated than its competitors. Amazon's cheapest home assistant, the Echo Dot, is currently sold out. It was the first home assistant to sell for $30, putting pressure on Google to lower the price of its cheapest option to match Amazon.
Segan also takes a look at the rumors surrounding Apple and Samsung's flagship phones. Reports are circulating that sales of the iPhone X were lower over the holiday season than expected. Couple that with rumors that Samsung could launch the Galaxy S9 sooner than expected, and you could have a battle brewing in the mobile phone market.
Federal Reserve officials signaled that they still expect to cut their key interest rate three times in 2024 despite signs that inflation was surprisingly high at the start of the year.
Brad Bernstein, managing director at UBS Private Wealth Management breaks down the state of the U.S. economy and what to expect from Fed policy from the rest of the year.
SpaceX Investor Chad Anderson discusses Starship's latest test flight, what's next, and why he thinks Elon Musk's leadership sent the company in the right direction.
Dilip Rao, CEO of Sharebite, explains how his startup wants to normalize companies feeding their workers, the role of the private sector in public concerns, and more.
