Samsung Fold Disaster Extends to 60% Q1 Profit Drop for Nightmare 2019

By CCN.com: Following a shock 60 percent drop in profits by Samsung Electronics as reported by FT, woes for the South Korean technology giant continued as the Samsung Galaxy Fold, a $ 2,000 device released to the market this month, demonstrated serious problems in a scandal that’s been dubbed #peelgate. After one day of use… pic.twitter.com/VjDlJI45C9 — Steve Kovach (@stevekovach) April 17, 2019 Is 2019 a Write-Off for Samsung? Not quite. Samsung Group, the biggest conglomerate in South Korea, represents some of the largest companies in virtually every imaginable sector such as insurance, car manufacturing, credit card, biologics, display manufacturing, and

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Bitcoin Will Drop Near $3,500 Before a Major Rally: Trader hutto

After achieving $ 4,097 in global average price according to data provided by Coinmarketcap.com, the bitcoin price has retraced to $ 4,027 and below the $ 4,000 mark in some major markets. As bitcoin fell by just over 1 percent against the U.S. dollar, the valuation of the crypto market declined from nearly $ 142 billion to $ 139 billion in a matter of hours. Speaking to CCN, a widely recognized cryptocurrency trader known to the community as “The Crypto Dog” said that bitcoin could still hit the $ 3,500 mark in the short-term and that the conditions of the market haven’t changed in the past

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Tesla Shares Drop after Mediocre Model Y Reveal

Tesla’s Model Y reveal, led to a mostly unimpressed audience and unenthused investors. Does the largely hype-less response show a market well-addressed or indicate declining interest? A definite sign in shareholder interest is the TSLA share price decline following the announcement. Tesla expects to see a rise in demand for the Model Y of at least 50% over the model 3—or at least, Musk expects the spike in demand. But what makes him so sure it will come? One thing which may clue him in: Tesla’s E-SUV, the model X, accounted for nearly 20 percent of Tesla sales last year.

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