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.
Payments are restarting for student loan borrowers but the FTC is warning about in increased risk of getting scammed. Leslie Tayne, founder of Tayne Law Group, joined Cheddar News to provide tips on how to avoid scams amid confusion over payment plans and restarting dates.
Roadway deaths in the U.S. are mounting despite government test data showing vehicles have been getting safer. While the number of all car-related fatalities has trended upward over the last decade, pedestrians and cyclists have seen the sharpest rise: over 60% between 2011 and 2022.
