Crypto Whales Are Loading Up — Are You?
New research shows the biggest crypto buyers are back. And this time? They could hold for the possibility that Bitcoin will surpass $100,000 in 2024. You don’t want to miss the next massive crypto bull run like we saw in 2020 and 2021. To know exactly what’s going on and what to buy… Get Access To Benzinga’s Best Crypto Research and Investments For Only $1.
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What's Left?
Without HERE, Nokia has become more of a business-to-business company. Patrick Moorhead, president and principal analyst at Moor Insights & Strategy, said the firm might also develop a consumer service with its OZO virtual reality product.Rob Enderle, principal analyst at Enderle Group, said Nokia is still planning to go back into phones and is "still in the networking and switch business.""Nokia is taking the [cash] and funding a dramatic company change," Enderle told Benzinga.Automaker Advantage
Why would automakers agree to pay $3 billion for Nokia's mapping business?"Automakers feel that if they license mapping from, let's say, Google or Apple, they will be locked into their platforms," said Moorhead. "HREE is one of the last independent mapping services out there."Enderle said that investors could think of it as a "hedge against one carmaker locking up this technology or some third-party overcharging for map royalties.""These firms are assuring they have access to maps regardless of whatever else happens (mergers, patent trolls, etc.)," Enderle added.Finally, Kagan said that automakers "need advanced mapping and in-car management systems like HERE.""Navigation, web access, entertainment and automation are the future in the auto industry," said Kagan. "HERE is a great place to start."Disclosure: At the time of this writing, Louis Bedigian had no position in the equities mentioned in this report.Crypto Whales Are Loading Up — Are You?
New research shows the biggest crypto buyers are back. And this time? They could hold for the possibility that Bitcoin will surpass $100,000 in 2024. You don’t want to miss the next massive crypto bull run like we saw in 2020 and 2021. To know exactly what’s going on and what to buy… Get Access To Benzinga’s Best Crypto Research and Investments For Only $1.