Chinese Premier Li Qiang recently spoke at the World Economic Forum in Dalian, China, where he defended his country’s technological development efforts. He emphasized the unique advantages that China possesses, such as a large market, industrial network, labor force, diverse application scenarios, and receptive consumers. According to Li, these factors contribute to the competitiveness of
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The European Union regulators have recently accused Apple of violating new tech rules by restricting customers of its App Store from being redirected to alternative options. The EU’s executive arm, the European Commission, has initiated a probe into Apple’s new contractual terms with developers, following the introduction of the Digital Markets Act (DMA) designed to
China and the European Union are currently in discussions regarding the potential imposition of tariffs on Chinese-made electric vehicles (EVs) being imported into the European market. This move comes as a response to concerns raised by the EU about excessive subsidies provided to Chinese EV manufacturers. The situation has escalated to the point where the
China has invested a whopping $230.8 billion in its electric car industry over the past decade. This massive amount represents 18.8% of total electric car sales between 2009 and 2023. The decline in the ratio of spending to EV sales from more than 40% pre-2017 to just above 11% in 2023 highlights the changing landscape
In the realm of investing in tech, the discussion around artificial intelligence has been dominating the headlines recently. While companies like Nvidia, Alphabet, and Microsoft have been in the spotlight, there is one stock flying under the radar according to Trent Masters, a portfolio manager at Alphinity Investment Management. Masters points towards telecommunications giant Motorola
In a recent interview at the Cannes Lions festival, VaynerMedia CEO Gary Vaynerchuk highlighted the significant shift in the advertising landscape brought about by social media algorithms. Vaynerchuk emphasized that the traditional approach to social media marketing, which focused on amassing followers and pushing out content to a limited audience, is no longer effective in
Nvidia, once known for its graphics chips in the gaming community, has now become the most valuable public company in the world. With a market cap of $3.33 trillion, the chipmaker has surpassed industry giants like Microsoft and Apple. This tremendous growth in market value is attributed to the exponential rise in Nvidia shares, which
The recent violent protests in France against the far-right National Rally, or RN, have set the tone for what promises to be a contentious election campaign. With record gains in the European Parliament, party figurehead Marine Le Pen and RN President Jordan Bardella are at the center of rising nationalist sentiment that is igniting tensions
The long-awaited bitcoin exchange traded funds have finally launched in January, and financial advisors are gradually starting to adopt them. Initially, about 80% of bitcoin ETF purchases have come from self-directed investors who have made their own allocations through online brokerage accounts. The iShares Bitcoin Trust (IBIT) was one of the first funds to debut
In a market where concentration risk is a growing concern for investors, considering value-oriented investments could be a strategic move. Avantis Investors chief investment strategist, Phil McInnis, believes in a more diversified approach beyond just looking at index funds like the S&P 500. He advocates for their exchange-traded fund strategy, which focuses on companies with