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5 apps I recommend to every savvy investor
5 apps I recommend to every savvy investor

Android Authority

time17 hours ago

  • Business
  • Android Authority

5 apps I recommend to every savvy investor

Rita El Khoury / Android Authority I'm really into finance and have been investing for a long time. From stocks and crypto to swing trading and holding, I've done it all. Over the years, I've also tried out all sorts of investment apps in hopes of getting the proper data and setting up a system that works for me. Some were good, others not so much. In this post, I'll highlight the good ones and talk about why you should consider using them. Before we dive into the list, I want to clarify that these are investment-related data apps. This means they provide timely news, charts, and other crucial data you need to make informed investment decisions. I won't be discussing investment or trading apps used for buying and selling stocks, for example. If you're looking for a platform to execute trades, my top recommendation is to open an Interactive Brokers account. It's one of the most reliable brokers out there and offers a few different trading platforms that will suit both beginners and experienced investors. However, there are plenty of popular alternatives available, including WeBull, Robinhood, and Trading 212. How many investment apps do you use? 0 votes 1 NaN % 2 NaN % 3 NaN % 4 NaN % 5 NaN % More than 5 NaN % Koyfin Edgar Cervantes / Android Authority This is, in my opinion, the best app on this list, and what's funny is that it's not even very popular. I've been using it for years and don't plan on switching to an alternative. Koyfin is all about data. Not only can I see exactly how the markets are doing at a specific time, but I can also check a company's financial records in detail. That includes the income statement, balance sheet, and cash flow statement, alongside all the financial ratios. It also provides analyst opinions and analysis regarding where a stock's price might go in the next 12 months. To make an investment decision, I need data, and that's why I love Koyfin. There are other platforms out there that offer similar services, some of which are on this list, but Koyfin stands out due to its ease of use and a simple yet eye-catching design. It's free to use, but there are limitations you can remove with a subscription, which is the norm with these kinds of apps. Yahoo Finance Mitja Rutnik / Android Authority One of the most popular apps when it comes to investing, Yahoo Finance is a service I've used for quite some time. Just like with Koyfin, I'm able to check all sorts of financial data that helps me make a final investment decision. However, it's the news section of the app that truly makes it stand out. While most investment-related apps have a news section, Yahoo Finance puts it a lot more front and center. The market moves with the news. News is an important part of investing, especially for those who like to trade — buying and selling in a short period of time. The market moves with the news, so a service like Yahoo Finance is a handy one to use. It also has all the financial data most people need, although Koyfin's offering is a bit more robust. The data is also structured better on Koyfin, although Yahoo Finance is still a great tool overall. It's free to use, but a paid plan is available that gets you an ad-free experience, additional research reports, and much more. TradingView Calvin Wankhede / Android Authority Whereas Koyfin has the most robust fundamental data and Yahoo Finance is news-focused, TradingView excels in charting. So, if you're into technical analysis, this is the app to use. You have a lot of indicators to choose from that will help you make a decision on which company to invest in and when. The other big advantage of TradingView is its community, which allows users to discuss and share ideas. While you should always invest based on your personal goals and with your own system, hearing other people talk about their strategy can sometimes spark an idea or two. I dabbled with technical analysis a bit when day-trading, so I used TradingView because the charting tools are better than what Koyfin and Yahoo Finance offer. I don't use it anymore because I prefer to buy and hold and don't trade as actively, but if that's something you're into, TradingView is for you. Mitja Rutnik / Android Authority This app has everything you need, although it doesn't excel in one particular area. It covers everything from stocks and cryptos to ETFs and bonds, offering data from over 70 exchanges. There's even a handy alert feature available. I used it for a bit and was able to create a watchlist of my favorite companies, get most of the fundamental data I needed, and also stay on top of the latest news. There are charts available as well, as are various analyses to help with making a final investment decision. There's even a handy alert feature, allowing the app to let me know when, for example, a stock's price drops to a certain level. The app is free, but as with the rest of the entries on this list, a premium plan is available that gets rid of ads and offers extra functionality. Whether it's worth it depends on each person's goals and needs. MarketWatch Mitja Rutnik / Android Authority MarketWatch is an app that provides breaking news and analysis of the financial markets. It's part of News Corp, which also owns The Wall Street Journal and Barron's, among others. I really like their articles and analysis, and have been a reader for a long time. I especially like how fast they report on the latest earnings of specific companies, as that kind of data represents a great opportunity to buy or short stocks. In addition to news, MarketWatch provides financial data, charting, and the option of creating a watchlist. However, the data it provides and the overall experience are not as good as what you get with something like Koyfin, at least for me personally. MarketWatch is free, but there are limits to how many articles can be read in a specific time frame. To get full access, a premium subscription is required. These are my five favorite investment-related apps, although I've used plenty of other services over the years. These include FinViz, TIKR, and even Google Finance. However, none of these have a dedicated Android app, so I just used them on my PC. Do you have any favorite investment apps that I didn't mention? Let me know in the comments.

Everyone's Talking About AI Compute—But It All Starts With Storage
Everyone's Talking About AI Compute—But It All Starts With Storage

Forbes

time20 hours ago

  • Business
  • Forbes

Everyone's Talking About AI Compute—But It All Starts With Storage

Dave Friend is the cofounder and CEO of Wasabi. When you think of AI, there are probably many things that come to mind, such as how to use it, where it's headed and what powers it. The conversation typically centers around compute—A.K.A. all the CPUs and GPUs you hear about when discussing AI. While compute is critical, there is a significant aspect of AI that is often overlooked: data. Although it may not be widely discussed, the reality is that these massive, unstructured and ever-growing data sets are what are truly driving global AI growth. As AI models become larger and more sophisticated, accessing the necessary data to train them is becoming a significant challenge for users. This is due to multiple factors, including the ever-increasing amount of data needed to train AI models. To make matters worse, hyperscaler storage that many rely on is expensive, overly complex and not optimized for the accessibility and performance that AI workflows demand. Additionally, enterprise data used to train AI systems is becoming a favored target for malicious actors. All of these factors combine to make AI adoption incredibly challenging, expensive and time-consuming. The reality is that most companies aren't struggling with AI compute limitations. They're hitting walls because they can't store, access and manage the data quickly, securely and affordably enough to support real-time inference, fine-tuning or long-term retention. If AI needs to run efficiently and cost-effectively, so does the data it learns from. To address these growing problems and fully leverage the benefits AI has to offer, organizations should implement a scalable cloud storage solution that provides cost-effectiveness, security and hybrid capabilities. Best Practices And What Leaders Should Expect However, not all data storage providers are created equal. The cloud giants that dominate the industry charge exorbitant fees to access data, making it more difficult, expensive and time-consuming for users. This makes training AI and storing the data that AI gleans a costly and challenging undertaking. To address this, organizations should seek out affordable cloud storage providers that don't charge these fees. This will enable them to easily access their data in a way that makes AI training as seamless and cost-effective as these storage buckets can be easily scaled up and down depending on need. This is ideal for training AI, as the storage will need to hold both the data required to train AI models and store the resulting information. Being able to scale up easily and down will ensure that an organization is adequately prepared for AI models and can adjust as needed. Just as important as where you store the data is ensuring it is stored securely. Cyberattackers are increasingly going after enterprise data due to its vital role in AI operations. As a result, it is crucial for IT leaders to ensure that the storage solutions they choose are adequately protecting their data. When selecting a provider, organizations should remember to look for one that offers robust data protection offerings that ensure the storage sets are impenetrable. Organizations should also take notice that the data is hidden from bad actors in the event of a breach to prevent deletion or ransomware threats. These are critical for avoiding an attack and protecting critical enterprise data. Key Features And Approaches To Security An essential part of a secure data management program is immutable backups, which prevent a malicious actor from modifying or deleting the stored data. Immutable backups are an air-gapped solution that isolates data from potential threats such as ransomware or accidental deletion. IT leaders should consider immutable backups to ensure their data is impenetrable and cannot be encrypted or deleted. Additionally, no secure cloud management program would be complete without employee training on cyber protection. By regularly updating cybersecurity best practices for employees and providing training, organizations can effectively prevent malicious actors from breaching their networks and accessing critical data. An approach that combines cost effectiveness and security is hybrid storage, which involves storing data in different methods and locations. This can include one copy in the cloud, one on-premises, and one on a hard drive. Incorporating cost-effective solutions like the cloud reduces expenses, while having the data in multiple locations allows it to be readily available in case of a cyberattack. For AI training, data can be readily available in the cloud, but it can also be stored on-premises for added security. While it is easy to get caught up in the AI boom, organizations must take their time incorporating the emerging feature. Technology decision-makers should ensure they prioritize cost-effective and secure ways to store the data necessary for proper AI training. Without it, they may be left behind their competitors in the AI adoption race. Forbes Technology Council is an invitation-only community for world-class CIOs, CTOs and technology executives. Do I qualify?

Billionaire Dan Loeb Sold Third Point's Entire Stake in Tesla in Favor of a High-Yield Dividend Stock That's Doubled in Under 2 Years
Billionaire Dan Loeb Sold Third Point's Entire Stake in Tesla in Favor of a High-Yield Dividend Stock That's Doubled in Under 2 Years

Globe and Mail

timea day ago

  • Business
  • Globe and Mail

Billionaire Dan Loeb Sold Third Point's Entire Stake in Tesla in Favor of a High-Yield Dividend Stock That's Doubled in Under 2 Years

Nothing is more valuable on Wall Street than data. The only problem for investors is that keeping atop the latest data releases is a daunting task that can allow something of importance to slip through the cracks. For example, what can arguably be described as the most important data dump of the second quarter occurred on May 15. But because it was at the start of earnings season and packaged so closely to important economic data releases from the federal government, investors might have overlooked the May 15 filing deadline for Form 13Fs with the Securities and Exchange Commission. Where to invest $1,000 right now? Our analyst team just revealed what they believe are the 10 best stocks to buy right now. Continue » A 13F is a required filing no later than 45 calendar days following the end to a quarter by institutional investors with at least $100 million in assets under management (AUM). It provides a concise snapshot of which stocks Wall Street's prominent money managers purchased and sold in the latest quarter. Even though 13Fs are far from perfect -- since they're filed up to 45 calendar days following the end to a quarter, they may present a stale snapshot for an active hedge fund -- they offer key insights as to which stocks and trends have piqued the interest of Wall Street's most-successful asset managers. While Warren Buffett is the stock market's most famous billionaire investor, he's not the only fund manager known for their phenomenal returns or key insights. Third Point's billionaire chief Dan Loeb is another asset manager with a keen eye for value that investors usually keep close tabs on. During the March-ended quarter, Loeb was a decisive seller of four "Magnificent Seven" stocks, perhaps none of which stands out more than Tesla (NASDAQ: TSLA). Meanwhile, the value-focused Loeb piled into a brand-name, high-yield dividend stock that's managed to double in value in less than two years. Billionaire Dan Loeb sent shares of Tesla to the chopping block To preface this discussion, Dan Loeb operates a relatively active fund that ended the March quarter with more than $6.5 billion in AUM spread across 45 positions. Loeb's average hold time among these 45 positions is just 4.5 quarters, or roughly 13.5 months. In short, he's demonstrated a willingness to lock in gains when presented with a decisive move higher in a security. Between the third quarter of 2024, which is when Third Point first acquired shares of electric-vehicle (EV) maker Tesla, and the first quarter of 2025, which is when all 500,000 shares of Tesla were sold, this position, at one point, more than doubled in value. Loeb had ample incentive to lock in his fund's short-term gains. Based on the timing of Loeb's initial investment and selling activity, it's possible his fund's stake in Tesla was based on the expectation of the company benefiting from a Donald Trump victory in November. Tesla CEO Elon Musk was touted as having a role in the Trump administration -- he went on to be a special employee for the Department of Government Efficiency, or DOGE -- which was expected to be a positive for his company's long-term growth ambitions. But with this story having been played out, a number of red flags associated with Tesla's operations may have encouraged billionaire Dan Loeb to head for the hills. One of the more glaring issues with Tesla has been the company's declining vehicle margin. Though higher energy and storage revenue has helped to somewhat offset EV demand weakness, more than a half-dozen sweeping price cuts on Tesla's fleet of EVs from growing competition has sapped its vehicle margin. To add fuel to the fire, Tesla's Cybertruck looks to be a flop. Despite Musk previously claiming that his company had over 1 million reservations for Cybertruck, a recall announced in March of Cybertrucks manufactured from Nov. 13, 2023 to Feb. 27, 2025 showed this recall covered just shy of 46,100 vehicles. That's a far cry from "demand being off the charts," as Musk once touted. This speaks to the broader issue of Musk's innovations (usually) failing to materialize. While Musk has overseen the launch of a handful of new EVs and diversified Tesla into an energy generation and storage provider, his Level 5 autonomy claims by "next year" have fallen flat for 11 consecutive years. Furthermore, the initial robotaxi launch in Austin, TX, is limited to just 10 vehicles and geofenced to a small coverage area. If Musk's unfulfilled promises were backed out of Tesla's valuation, its share price, and astronomical forward price-to-earnings (P/E) ratio of almost 120, would plummet. Loeb's Third Point has piled into an unstoppable high-yield dividend stock However, Third Point's billionaire chief was also a buyer of select stocks during the March-ended quarter. Though nearly a dozen new positions were opened, arguably none stands out more than the 3,775,000 shares purchased of high-octane dividend stock AT&T (NYSE: T). Two years ago, investors seemingly wanted nothing to do with AT&T and large telecom companies. In July 2023, a report from The Wall Street Journal alleged that AT&T and other U.S. telecom companies had a network of legacy cables wrapped in toxic lead. The WSJ intimated that cleanup costs and health liabilities could be sizable for legacy telecom companies. Ultimately, AT&T and its peers refuted the findings of the report. Even if there is some form of future liability for America's legacy telecom providers, it's something that would almost certainly be determined in the U.S. court system, which is notoriously slow. What was viewed as a serious threat to AT&T in July 2023 quickly passed as short-term white noise. AT&T's shares have since doubled in value from their July 2023 lows. Although AT&T's best growth days are long gone, there are still catalysts working in the company's favor. For example, AT&T upgrading and steadily expanding the reach of its 5G network has resulted in ongoing postpaid phone additions and mobility sales growth that typically ranges in the low-to-mid single digits. Since access to a smartphone and the internet has effectively evolved into a basic necessity, AT&T is enjoying historically low postpaid phone churn rates that are below 1%. Additionally, there's been a resurgence in broadband signups since the rollout of 5G. AT&T has added at least 200,000 net customers to its broadband service for 21 consecutive quarters (more than five straight years) and is nearing 30 million cumulative consumer and business AT&T Fiber subscribers. Even with broadband no longer being the growth story it was when the century began, it's still a phenomenal source of operating cash flow and can be used as a tool to encourage high-margin service bundling. Perhaps best of all, AT&T has dramatically improved its financial flexibility since spinning out its content division, WarnerMedia, in 2022. This spinoff, which saw WarnerMedia merge with Discovery to create Warner Bros. Discovery, led to the assumption of certain debt lots by this new media entity. Whereas net debt for AT&T stood at $169 billion on March 31, 2022, it's fallen to $119.1 billion precisely three years later. Lastly, AT&T is dishing out a nearly 4% annual yield and sports a reasonable forward P/E ratio of 12.7 amid a historically pricey stock market. Don't miss this second chance at a potentially lucrative opportunity Ever feel like you missed the boat in buying the most successful stocks? Then you'll want to hear this. On rare occasions, our expert team of analysts issues a 'Double Down' stock recommendation for companies that they think are about to pop. If you're worried you've already missed your chance to invest, now is the best time to buy before it's too late. And the numbers speak for themselves: Nvidia: if you invested $1,000 when we doubled down in 2009, you'd have $400,193!* Apple: if you invested $1,000 when we doubled down in 2008, you'd have $38,264!* Netflix: if you invested $1,000 when we doubled down in 2004, you'd have $687,731!* Right now, we're issuing 'Double Down' alerts for three incredible companies, available when you join Stock Advisor, and there may not be another chance like this anytime soon. *Stock Advisor returns as of June 23, 2025

Save 15% on this SIMO Solis Lite hotspot and get 1GB monthly for free
Save 15% on this SIMO Solis Lite hotspot and get 1GB monthly for free

Android Authority

timea day ago

  • Business
  • Android Authority

Save 15% on this SIMO Solis Lite hotspot and get 1GB monthly for free

Are you often feeling data anxious? We live in a very connected world, and we rely on the internet more than ever. A dedicated hotspot device can be convenient, especially if you travel often. Check out this deal on the SIMO Solis Lite 4G LTE Mobile Hotspot, which is currently $24.01 off. The discount is not really the most important part here, though. What's more exciting is that you'll get 1GB of data for free monthly! Get the SIMO Solis Lite 4G LTE Mobile Hotspot with a free 1GB of data monthly for $135.98 ($24.01 off) This offer is available from Amazon, and it is a 'limited time deal.' That said, SIMO provides the service. Want to know more? Let's talk about the device first. The SIMO Solis Lite 4G LTE Mobile Hotspot can provide a Wi-Fi connection for your devices. The internet is provided by a variety of network providers in over 140 countries, and this will change depending on where you are. The device supports 4G LTE, which is often pretty fast. Max speeds can reach 150Mbps down and 50Mbps up. You can connect up to 10 devices to it, which isn't much, but should satisfy your on-the-go needs easily. How many devices would you really take on your trips? It has a 16-hour battery life. The cool part is that, if you're willing to sacrifice some of that juice, you can use it as a power bank. The 4,700mAh internal battery can juice up other devices in a pinch. All things considered, it's actually a pretty nice hotspot for the price, but what really makes it stand out are its services and convenience. For starters, all users get 1GB of data for free every month. This is 'global data,' which means you can use it in any of the more than 140 countries supported worldwide. If you're going to be using the hotspot for more than the basics, a GB won't be enough. Luckily, SIMO has plenty of options for you. You can pay per GB, per day, or per month. Of course, there are some limitations. For example, the unlimited monthly plans are throttled after 100GB of use in a single month. The only exception is the global unlimited plan, which is limited to 20GB. The options don't seem too bad for what you get. The unlimited plans range between $89 and $99 per month. If all you need is a GB here and there, you can pay between $8 and $12 for those. We can see this being a great alternative for frequent flyers, RV travelers, campers, and digital nomads. It will ensure you always have a reliable internet connection. Not to mention that free GB per month is a really nice addition! Go get yours while it's on sale.

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