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.
Even with inflation slightly higher than the Federal Reserve's 2% goal, still expect the central bank to cut rates three times this year, Cetera's CIO says.
Brian Goodman from Global Matrix Group talks with Dave Briggs about the future of sports betting online and how the popular pastime will evolve. Watch!
For decades, it’s been a trope: you can find a Starbucks on every corner. But proximity is no guarantee of long-term success, even in the coffee industry.
Tesla is being investigated for allegedly misleading investors about its self-driving capabilities. And one analyst says the company 'needs' that tech to grow.
