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Cathie Wood's Ark Invest Predicts End Of Smartphone Duopoly: Meta, Rabbit R1, And Others Vie For Post-Phone Supremacy
Tuesday, February 6, 2024 - 4:51am | 623Cathie Wood’s Ark Invest analyst Andrew Kim suggested that the rise of Mark Zuckerberg-led Meta Platforms Inc.’s (NASDAQ:META) Ray-Ban smart glasses, along with other AI consumer hardware products, could potentially disrupt the long-standing smartphone duopoly. What Happened: In a...
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Critics Slam Apple As 'Enemy Number 1' For Alienating Developers With Steep 27% App Store Commission
Tuesday, January 23, 2024 - 7:10am | 677Apple Inc.'s (NASDAQ:AAPL) decision to levy a 27% fee on all sales originating from links clicked in apps has drawn sharp reactions from developers and Cathie Wood's Ark Invest analyst Andrew Kim. What Happened: After scoring a partial victory in the antitrust lawsuit brought by Epic Games, Apple...
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Cathie Wood's Ark Invest Sees Slim Odds ESPN Bet 'Can Break The DraftKings-FanDuel Duopoly' In Sports Betting
Tuesday, August 15, 2023 - 1:41pm | 1001The sports betting market was shocked with the announcement that PENN Entertainment Inc (NASDAQ: PENN) entered into a 10-year licensing deal with Walt Disney Co (NYSE: DIS) to launch the ESPN Bet platform later this year. Analysts were mixed with the impact on Penn Entertainment...