With many companies already dropping major announcements ahead of CES, many analysts and investors are looking at what Samsung will be working on this year and how it will impact Apple. Angelo Zino, Senior Equity Analyst at CFRA, and Russell Holly, Managing Editor of VRHeads.com, join Cheddar to discuss what they expect out of the Consumer Electronics Show this year.
Samsung's biggest announcements are its "Wall" TV and new smart hub refrigerator with voice assistant capabilities. Holly says TVs are a big focus for the company because they need to stay competitive within the space. It's a big year for the company to show it can push ahead of LG in the technology category this year. He also doesn't believe Samsung will announce any phone news at this year's CES.
Plus, after a report came out in the Wall Street Journal that iPhones are toxic for kids, many investors are urging Apple to respond. Zino thinks it may be a good thing for Apple to become a little more socially responsible as far as kids are concerned. He wants Apple to provide parents more access to their children's phones, which he thinks may lead to potential revenue opportunities in the future.
Amazon.com Inc. surpassed $2 trillion in market value for the first time in afternoon trading on Wednesday. The push higher for Amazon’s stock market valuation comes a little more than a week after Nvidia hit $3 trillion and briefly became the most valuable company on Wall Street. Nvidia’s chips are used to power many AI application and its valuation has soared as a result. Amazon has also been making big investments in AI as global interest has grown in the technology. Most of the company’s focus has been on business-focused products.
AI is transforming industries and raising ethical questions. UCLA Professor Hal Hershfield discusses "Your Future Self" and AI's impact on psychology and media.
