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Showing posts from May, 2019

And are you Brutus? Alliances Wi-Fi and SD have stopped working with Huawei

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Huawei continues to be at the centre of a trading scandal between the United States and China. Following Google, ARM, Intel, Qualcomm and Broadcom, the Chinese vendor suspended Wi-Fi Alliance and SD Association. Due to this company's decision, new Huawei smartphones may lose a number of very important functions. Google announced the first breaking of business relationships. The developer of the Android operating system, based on which Huawei smartphones work, will no longer provide the operator of the operating system and limit access to branded applications. But Huawei has registered a new trademark - HongMeng. According to available information, this will be the name of its own operating system Huawei, designed to replace Android and Windows. If the relationship between the United States and China is not settled, it can end at the end of this year. The following about the termination of cooperation with Huawei have announced the manufacturers of processors: AR

Is Tesla over?

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Tesla shares should be cheaper by half. This is the conclusion reached by financial analyst, investor and marketing professor at Stern Business School at the University of New York Scott Galloway. In his opinion, Tesla may lose half of its value in 2019. As a reason, the professor called the overvalued company, weak leadership and heightened emotionality of Tesla founder Elon Musk. “And I think that someone will buy the company,” the analyst added. “The company still has real brand value.” Shares of the company lend a downtrend and since yesterday lost 4.4%. Now Tesla is going through hard times. In the summer of last year, the company's shares reached $350, but in the meantime it has dropped below $200. This happened under the influence of several factors: the reduction in the supply of cars, cost increases, unprofitability and technical problems, such as spontaneous combustion of cars. In May, the investment company Wedbush Securities lowered the T

Birds versus Boeing

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The American authorities have found the cause of the 737 Max crashes. These are birds. After the publication of the report, investors began to buy shares of Boeing. Quotes of the American aircraft manufacturer simultaneously increased by 3%. Subsequently, growth slowed to 1%. Recorders of flight data from the “black box” of the fallen liner “Ethiopian Airlines” indicate that the angle of attack sensor was disabled shortly after takeoff, writes The Wall Street Journal. According to the US Aviation Administration, this indicates that birds crashed into both collapsed aircraft. In a preliminary report, investigators from Ethiopia reported that they "did not detect any signs of damage by foreign objects" on the sensor. Ethiopian Airlines also said in a statement that no evidence of bird strikes was found. The US aviation authorities believe that convincing evidence that birds get into such sensors is extremely difficult to find, and therefore they insist on thei

Gold groped its bottom?

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At the end of the last week, gold has fallen in price to a minimum in the last two weeks. The cost of an ounce has dropped to $1,279. Yesterday, May 20, the fall in prices stopped. The cost of gold was fixed at $1280 per ounce. The negative trend was replaced by a symbolic increase in prices by a few hundredths of a percent. In the French bank BNP Paribas, they believe that by the end of June, the precious metal will be able to play this drop and re-break the $1,300 mark. The forecast of BNP Paribas provides gold rise to $1,305 by June 30, 2019. First you need to understand why gold has been falling all week. Investors typically view gold as a defensive asset in case of uncertainty in global markets. Gold is starting to buy at the moment when players and analysts doubt the growth prospects of the global economy. Traders often receive money to buy gold from the sale of stocks or currencies. Over the past week, many US companies have published strong financial statements.

American companies banned Huawei

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Google has suspended the provision of services and technical support for Chinese Huawei. The reason was the decision of the United States to add Huawei to the list of companies for which deliveries from the United States can be made only on the basis of special licenses. Huawei, which is the world's second largest smartphone maker, uses Google’s Android operating system. Last year, the Chinese company delivered 200 million smartphones to the market. Android is publicly available software, but Huawei will no longer be able to receive the various services provided by Google’s partners themselves. In the production of equipment, Huawei is also widely used by American semiconductors manufactured by Qualcomm, Intel and Broadcom. The total volume of purchases by the Chinese company of components in the USA is $ 11billion. However, it was the shares of American companies that went down. Alphabet (Google owner) lost 1.3% in price. Broadcom - 2,5%; Intel - 2.96; Qualcomm

Trade war. Market doesn’t care

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The fall of the US indices, which began on the first day of the week, was won back by the end of trading on Thursday. The NASDAQ index rose by 22 points higher than last Friday, 20 points were not enough for the Dow Jones index to return to May 10. In the positive, the S&P 500 indicator ended the session, adding 0.9%. US stock markets close the growth of the third consecutive day. In part, this happened against the background of good reporting by Cisco, Walmart and other large companies. And the news about the duties and trade dispute of the United States and China, traders have ceased to pay attention, experts say. Macro statistics of the USA also played a role in the growth of quotations. The volume of housing construction in April increased in annual terms to 1.24 million. Economists had expected a weaker growth rate - to 1.21 million. The number of building permits increased by 0.6% last month against a forecast of 0.5%. Asian markets started Friday mainly in gr

Trump suddenly announced a state of emergency in the USA. What’s happening?

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US President Donald Trump declared a state of emergency in the country to protect computer networks from "foreign opponents." He signed an order that effectively prohibits US companies from using foreign telecommunications, which are believed to pose a threat to national security. According to the White House, Trump's order is aimed at "protecting America from foreign opponents, who are increasingly creating and exploiting vulnerabilities in information and communication technology infrastructure and services." Not a single company is listed but is believed to be aimed at Huawei. The Chinese technology giant has said that restricting its US business will only harm American consumers and companies. Several countries led by the United States in recent months have expressed concern that Huawei products may be used by China for surveillance. A separate decision by the US Department of Commerce has added Huawei to its "blacklist" -

Analysts explain the growth of Bitcoin

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On May 12, Bitcoin rose in price to more than 7 thousand dollars for the first time in 2019 and continues to maintain its performance. For several days, the cryptocurrency has risen by almost 2 thousand dollars. An expert from Forbes connects this situation with the improvement of bitcoin and cryptocurrency moods. The new relative strength index (RSI) Bitcoin, used to determine the dynamics of asset prices, shows the maximum value since 2018. It was then the cryptocurrency reached the highest rate. Also, among other reasons for the bullish growth of cryptocurrency, analysts have identified other factors. Among them is a rumor about Facebook launching its own cryptocurrency, which has led to a speculative interest in the topic of tokens. In addition, there has been an accumulation of cryo-currency in the market during 2018-2019. In addition, analysts point to a change in the behavior of the main players in the market. Owners refuse to sell bitcoins, and buyers keep t

The US stock market collapsed after the escalation of the trade war with China

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Major US stock indexes responded by falling to the decision of the Chinese authorities to increase duties on several thousand types of goods imported from the United States. After the opening of trading on May 13, the value of the Dow Jones Industrial Average (DJIA), S & P 500 and NASDAQ Composite indices fell by more than 2%. At the peak of the fall, the value of the DJIA index fell below 25,400 points, which was the lowest value since mid-March 2019. Compared with the previous closing DJIA lost more than 500 points. At the same time, all 30 companies taken into account when calculating the index were in the red zone. The S & P 500 and NASDAQ Composite indices also showed a strong decline, while the NASDAQ value fell by more than 3%, which, according to MarketWatch, was the worst figure since December 21, 2018. Prior to the opening of trading on the US exchanges, the Ministry of Finance of the People's Republic of China announced the introduction of higher

Head of ConsenSys predicted the death of liberal democracy

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Ethereum co-founder and ConsenSys startup CEO Joseph Lubin made several high-profile predictions during his speech at the Ethereal Summit conference in Brooklyn, New York. According to him, by 2047 all assets will be token-free, the Internet will be completely decentralized, and separate networks will be formed around various key interests, by analogy with national states. Lubin is confident that Donald Trump will be re-elected as president of the United States in 2020, the decline of American civilization over the next four years, the growth of radical sentiments in society and an increase in the number of hate crimes. It is noteworthy that, according to the head of ConsenSys, one of the main roles in this decline is played by the social network Facebook, which supposedly feeds global radicalism. Lubin is convinced that Facebook should be transformed into the Facebook Media news feed and a decentralized social network in which all startups have equal rights. Ethereum&#

April's most profitable investment

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The growth leader among the shares were Qualcomm securities. In April, the quotes of the microchip manufacturer added 51%. The growth was mainly due to the end of Qualcomm's two-year trial with Apple. After the news of the reconciliation spread, the company's shares went up by 38% in two days. The second place in the rating was taken by the papers of the telecommunications company Frontier Communications, which rose in April by 43.2%. Shares of Frontier were the leaders of last year’s fall, losing 64.8% over the year. In addition, they fell in the first quarter of 2019 by 16.4%. Frontier is experiencing serious problems, both financial and operational. The company has been losing customers over the past year. Short-term growth in February 2019 occurred after the release of reports, the results of which delighted investors only by the fact that things were not as bad as analysts predicted. On the third line of the rating are Walt Disney shares. Shares of the fi

Trump has lost more than $ 1 billion in ten years

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The former businessman and current US president Donald Trump lost $ 1.17 billion in ten years: from 1985 to 1994. Trump’s losses were caused by the core business of hotels, casinos and real estate. The businessman himself talked about this during the election campaign of 2016 and wrote off the difficulties as a result of the recession that began in 1990. Indeed, in 1990 and in 1991. the entrepreneur claimed a loss in excess of $ 250 million, which is twice as much as any other IP declared at the time. But The New York Times found that the problems in the Trump business empire began much earlier. In particular, in 1985, he declared a loss of $ 46.1 million. At the same time, as the newspaper writes, during eight of the above ten years, Trump was able to avoid paying income tax. During the election campaign, Trump appeared in the form of an entrepreneur who made himself. He even said that in 1987 he published the book "Trump: The Art of the Deal". The US preside

Number of games in China exceeds the number of US residents by 2023

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The growth of demography and solvency of the average citizen of the PRC makes this country increasingly important for the entertainment industry in general and the video game world in particular. Within four years, approximately 354 million people will be fascinated by this hobby - more than the entire US population. The turnover of the PRC market by this time will reach $16 billion. This forecast is made by research and consulting firm Niko Partners in its report on the current and future state of affairs in the PRC. The growth of the industry in the Middle Kingdom began and continued steadily since 2001 when its volume amounted to only one hundred million dollars. It is noteworthy that he was not prevented by tight control and censorship of all new games. The full freeze of issuing licenses in March 2018 became the apogee. However, by the end of the year, total revenue of $15.21 billion. The number of paying active gamers here is estimated at 80 million people. For compar

SSJ-100. Flew and enough

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Yesterday, at the Moscow airport, the Russian interregional airliner SSJ-100 made an emergency landing. It can be said that this was the swan song of this aircraft, on which they had so much hoped in the Sukhoi company and in the Russian government. The plane turned out clearly raw and poor quality. Only in 2019 it was the third accident and the first with the victims. Previously, one aircraft returned to the airfield due to cracking of the porthole, and the second due to hydraulic failure. And in total, it was 27 state of emergency since 2010 with the participation of SSJ-100. For the new aircraft, which is not released in such a large series - this is too much. Earlier, one of the largest operators of this plane, the Mexican Interjet, abandoned the aircraft. The reason for the failure is very critical for the automaker - poor quality after-service. Very often this criterion becomes the key when an airline selects an aircraft. The biggest problem of the Sukhoi aircraft

Oil continues to maintain a tendency to fall

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Oil prices on Tuesday continued to fall, caused by a statement by US President Donald Trump that he “called” OPEC and urged the cartel to increase production to reduce gasoline prices in the United States. Futures for WTI crude fell by 0.2% to $63.46, while futures for Brent crude fell by 0.2% to $71.38. On Monday, prices rose slightly after OPEC Secretary General Mohammed Barkindo denied the fact that he had a telephone conversation with the president. The president later tweeted that he had spoken to representatives of Saudi Arabia. Bank of America Merrill Lynch said in a research note that “Iranian oil production in the second half of the year will be reduced to 1.9 million barrels per day from 3.6 million barrels in Q3 2019 as the United States enters into full force.” Despite this, the bank predicts "almost complete achievement of a balance in the market in 2019," since production in OPEC, as well as the United States, will grow. Meanwhile, data o