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Larry Fink: I’m more bullish on stocks, but not oil

BlackRock Chairman and CEO Larry Fink said Friday he’s more bullish on stocks than he was a week ago, but he believes crude hasn’t hit bottom despite the recent rally in depressed oil prices. “I think China has been acting a little more sensibly. They’ve been more rational. They’ve been more consistent. I think that’s really stabilized the [stock] market,” ... Read More »

Samsung’s Galaxy S7 will be unveiled on February 21, with possible return of the microSD slot

Samsung has announced we’ll get our first official look at the Galaxy S7 at Mobile World Congress on Feb. 21. However, you don’t have to wait to find out what the phones will look like, if VentureBeat’s Evan Blass is to believed with his latest leaks. On the face of it the phones seem like, well, Galaxy phones, with Samsung again ... Read More »

Report: Amazon wants to take on Spotify with a new music streaming service

Amazon is no stranger to media streaming, what with its Prime Music and Prime Video services. If a new report is any indication, though, it’s about to take things up a notch. According to a recent report from the New York Post, the company has started work on a full-fledged streaming service similar to Apple Music and Spotify. The streaming service would ... Read More »

Larry Fink: I’m more bullish on stocks, but not oil

BlackRock Chairman and CEO Larry Fink said Friday he’s more bullish on stocks than he was a week ago, but he believes crude hasn’t hit bottom despite the recent rally in depressed oil prices. “I think China has been acting a little more sensibly. They’ve been more rational. They’ve been more consistent. I think that’s really stabilized the [stock] market,” ... Read More »

Cramer: Oil’s ugly price war just got worse

Jim Cramer officially declared Wednesday BOGO day for the oil market. BOGO is a term often used in retail to mean buy one, get one free. When a food or consumer products company is in a price war, usually one of the competitors will throw in a BOGO deal to annihilate its competition. “Nothing strikes more fear in the heart ... Read More »

Meizu MX6 to run on Helio X20 with 10-core processor

MediaTek announced the Helio X20 chip back in May last year and the first mass-produced samples were expected to be available to the manufacturers by the end of 2015. Elephone P9000 was the first smartphone to supposedly utilize the X20 chip, but as it turned out the phone was downgraded to the Helio P10 with an 8-core CPU. Today AnTuTu’s ... Read More »

OnePlus X Ceramic limited edition now available through invites on Amazon India

Following an invite-free sale at select locations in India late last week, the limited editionOnePlus X Ceramic is now available for purchase in the country exclusively through Amazon. The device carries a price tag of INR 22,999 (around $345). Needless to say, you’ll only be able to purchase the handset if you have an invite. However, what’s worth mentioning here ... Read More »

Barclays’ axe set to fall on 1,000 more jobs in investment bank

The cuts, which could be announced as early as Thursday, will be presented as an extension of the strategy announced by the previous chief executive, Antony Jenkins, in 2014, when he promised to cut 7,000 jobs in the investment bank over three years. Barclays plans to exit investment banking operations across much of Asia, continental Europe and Latin America as ... Read More »

Someone is about to be proven very wrong on Apple

Analysts and traders are extremely far apart on shares of Apple. Over the past six months, shares of the tech giant have fallen more than 25 percent, badly underperforming the S&P 500. And on Tuesday, Apple shares dipped below $96. Meanwhile, analysts’ average price target on shares of the stock is $140, according to data provider FactSet. Some, like Goldman ... Read More »

One year on, ‘Franckenschock’ still hurts Swiss

The Swiss National Bank’s (SNB) decision to scrap its cap on the franc against the euro a year ago today shocked markets and sent the country’s currency rocketing 30 percent. One year on, the franc is still high, 10 percent up against the euro, and export-focused Switzerland is still feeling the pain. Looking back at the SNB’s shock move James ... Read More »