Apple’s China sales continue to fall after Cook’s charm offensive in Beijing

Apple’s China sales continue to fall after Cook’s charm offensive in Beijing

Apple’s sales in China fell by less than 1 per cent in last quarter, a mark of continuing decline for the US tech giant in one of its most important markets, as it tries to woo mainland officials while warding off growing competition. The iPhone maker’s sales in the Greater China market – which includes … Read more

Bill Gates-backed startup on the global gold rush for buried hydrogen

Bill Gates-backed startup on the global gold rush for buried hydrogen

The team from the Geological Agency of the Ministry of Energy and Mineral Resources (ESDM) took samples of natural hydrogen gas found in One Pute Jaya Village, Morowali Regency, Central Sulawesi Province, Indonesia, 23 October 2023. Nurphoto | Nurphoto | Getty Images Koloma, a U.S.-based clean fuel startup backed by Bill Gates and Jeff Bezos, says it … Read more

How Billionaire Investor Ray Dalio’s ‘All Weather’ Investment Approach Earned Him A Fortune

How Billionaire Investor Ray Dalio’s ‘All Weather’ Investment Approach Earned Him A Fortune

Many Wall Street fund managers know only to play offence, pushing up stock targets even when economic indicators signal otherwise. Many stock analysts recommend the “buy and hold” strategy despite obvious signs of impending market upheavals, such as a recession or high inflation. Convincing clients to “hold” on to their “offence only” assets ensures a … Read more

Billionaire Ray Dalio’s Bridgewater Associates Offloads Cisco, HP, and More to Double Stake in Nvidia, Boost ‘Magnificent Seven’ Holdings

How Billionaire Investor Ray Dalio’s ‘All Weather’ Investment Approach Earned Him A Fortune

Bridgewater Associates, founded by billionaire investor Ray Dalio, went heavy on most of the “magnificent seven” stocks while offloading giants like Cisco Systems and Qualcomm despite posting solid Q1 results, according to the latest company 13F filing. Dalio’s strategies around risk parity to balance risks across asset classes, “Pure Alpha” to attain maximum return-to-risk ratios … Read more

Bill Gates-backed startup confident it can unearth more battery metals

Bill Gates-backed startup confident it can unearth more battery metals

Copper plates on wagons ready for onward shipping at the Mufulira refinery, operated by Mopani Copper Mines Plc, in Mufulira, Zambia, on Friday, May 6, 2022. Bloomberg | Bloomberg | Getty Images KoBold Metals, a mining startup backed by billionaires including Bill Gates and Jeff Bezos, is bullish on the discovery potential of some of the most … Read more

Bill Gates-backed miner discovers large-scale copper deposit in Zambia

Bill Gates-backed miner discovers large-scale copper deposit in Zambia

A truck makes its way over the Victoria Falls bridge, spanning over the Zambezi River, linking Zambia and Zimbabwe, in Livingstone, Zambia, on Sunday, May 8, 2022. Bloomberg | Bloomberg | Getty Images KoBold Metals, a California-based metals exploration company backed by billionaires including Bill Gates and Jeff Bezos, said it has discovered a vast … Read more