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Netflix says its cash burn will peak this year, then go down

Friday, January 18, 2019, 7:54 AM

Netflix said its cash burn will peak in 2019 and likely drop-off in coming years. For the fourth-quarter, the streaming giant said its free cash flow deficit swelled to $1.32 billion, compared with deficit of $524 million a year ago. Netflix said that brings its cash burn up to $3 billion for 2018. Netflix also reported better-than-expected profit, but revenue fell short of expectations.
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'It's a dark day for Apple,' says analyst Dan Ives

Thursday, January 3, 2019, 7:28 AM

Apple's lowering of its guidance for the first quarter is a "major black eye" for the tech giant, noted analyst Dan Ives told CNBC on Wednesday. "It's a dark day for Apple and bulls, " said Ives, managing director of equity research at Wedbush Securities. He has been bullish on the stock, with a buy rating and $275 price target.
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Capacity of lithium-ion batteries increased by 15%

Thursday, December 27, 2018, 7:49 AM

Scientists say they have increased the capacity of lithium-ion batteries used in mobile phones, laptops and electric vehicles by 15%.The efficiency was increased by adding a solid electrolyte to the battery's cathode or the positively charged electrode, said researchers from Peter the Great SPbPU in Russia. The researchers managed to increase the battery's capacity by 15% compared to the one with liquid electrolyte.

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