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5 Top Wearable Technology Stocks

Consumers are becoming more and more enthusiastic about wearable technology, meaning the industry is poised for growth.

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This article was originally published by Investing News.

The wearable technology market has experienced significant growth in recent years. Consumer enthusiasm for wearable tech products has been building, which in turn has led to a rise in investor interest for wearable technology stocks. Research firm Gartner predicts that global consumer spending on wearable devices will total nearly US$93.9 billion in 2022, up more than 35 percent from US$69 billion in 2020. The smartwatch and ear-worn (hearables) categories make up the majority of spending in the global wearable devices market. The research firm attributes some the anticipated growth to “the rise in remote work and increased interest in health monitoring during the COVID-19 pandemic.”

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Similarly, Grand View Research expects the wearable technology industry to grow at a compound annual growth rate of 15.9 percent between 2020 and 2027, reaching US$104.39 billion. With those numbers in mind, it’s worthwhile for investors to be aware of the major wearable technology stocks on offer. Here the Investing News Network looks at the five best-performing wearable technology stocks on the NASDAQ and NYSE over the past year. Data was generated on February 1, 2021, using TradingView’s stock screener, and numbers were accurate at that time.

1. Apple (NASDAQ:AAPL)

Year-on-year gain: 74.9 percent; market cap: US$2,259.846 billion; current share price: US$134.68 Although it’s perhaps best known as the maker of the iPhone, Apple is also a wearable tech player. The Apple Watch Series 1 launched in 2015, and quickly became the world’s best-selling wearable that year, hitting 4.2 million sold in the second quarter. Since then, the tech monster has become the biggest player in the wearable tech market. Its product portfolio includes the Apple Watch, AirPods and the AirPods Pro. Despite being on top of the wearable tech market, this segment of the technology sector still represents an area of growth for Apple. According to Bloomberg, the big tech company is developing a virtual reality headset as a precursor to more advanced augmented reality (AR) glasses. These products reportedly may be brought to market in 2022 or 2023.

2. Amazon (NASDAQ:AMZN)

Year-on-year gain: 65.7 percent; market cap: US$1,668.964 billion; current share price: US$3,326.28 Amazon waded into wearable tech in 2019 with a hearable device dubbed Echo Buds and a pair of high-tech specs known as Echo Frames. In 2020, the company came out with a wrist-worn wearable, the Halo fitness tracker, which along with an app can track physical activity, body fat and emotions. According to a report by Business Insider, Amazon also seems to be taking a position in the medical device market with an Alexa-powered device that can track and monitor sleep apnea patients.

3. Microsoft (NASDAQ:MSFT)

Year-on-year gain: 38.34 percent; market cap: US$1,819.41 billion; current share price: US$241.27 Microsoft tried breaking into the wearable device market in 2015 with the launch of the Microsoft Band, a smartwatch with an activity tracker. At the time, the product couldn’t compete with more entrenched competitors in the market.

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Now the company might be bringing back the Band to address an unmet need: consumer products capable of measuring blood pressure. As with Amazon, there are rumors the tech giant may be looking to the medical device sector with a wrist wearable aimed at tracking and monitoring blood pressure. In the AR realm, Microsoft’s HoloLens is targeting the industrial sector, unlike its competitors in the space, the Facebook (NASDAQ:FB) Oculus and HTC (TPE:2498) Vive, which are focused more on entertainment and gaming. In Seattle, a Microsoft research lab is researching wearable tech via partnerships with apparel and textile companies.

4. Alphabet (NASDAQ:GOOGL)

Year-on-year gain: 28.37 percent; market cap: US$1,287.151 billion; current share price: US$1,902.65 Alphabet is the parent company of Google, and has a variety of products in the wearable technology market. Google’s Wear OS is a version of Google’s Android operating system designed for smartwatches and other wearables. The smartwatch platform is used by watchmakers such as Oppo and Fossil. In early 2021, Google finally made its long-awaited move on Fitbit, closing a US$2.1 billion merger. Google was the first big tech company to take on consumer AR with its Glasses product, and there are expectations that its June 2020 acquisition of North, a Canadian smart glasses company, is a good sign it’s looking to go back to the drawing board for a better product.

5. Garmin (NASDAQ:GRMN)

Year-on-year gain: 18.91 percent; market cap: US$22.358 billion; current share price: US$116.91 Garmin is another big-name player in wearable technology stocks. The company offers global positioning system (GPS) navigation, as well as wireless devices and applications. Garmin’s products range from outdoor handhelds to wearable devices to golf devices to dog tracking and training devices. In terms of its wearable devices, the company is targeting fitness and activity training. In fact, Garmin is considered the third biggest maker of smartwatches after Apple and Samsung. In mid-2020, Garmin acquired Firstbeat Analytics, which not only provides the analytics and metrics software for Garmin’s smartwatches, but for its competitors as well. In early 2021, Garmin acquired GEOS Worldwide, a privately held industry-leading provider of emergency monitoring and incident response services. GEOS Worldwide operates the International Emergency Response Coordination Center. This is an updated version of an article first published by the Investing News Network in 2015.
Don’t forget to follow us @INN_Technology for real-time news updates! Securities Disclosure: I, Melissa Pistilli, hold no direct investment interest in any company mentioned in this article.

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The post 5 Top Wearable Technology Stocks appeared first on Investing News Network.

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The Coming Of The Police State In America

The Coming Of The Police State In America

Authored by Jeffrey Tucker via The Epoch Times,

The National Guard and the State Police are now…

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The Coming Of The Police State In America

Authored by Jeffrey Tucker via The Epoch Times,

The National Guard and the State Police are now patrolling the New York City subway system in an attempt to do something about the explosion of crime. As part of this, there are bag checks and new surveillance of all passengers. No legislation, no debate, just an edict from the mayor.

Many citizens who rely on this system for transportation might welcome this. It’s a city of strict gun control, and no one knows for sure if they have the right to defend themselves. Merchants have been harassed and even arrested for trying to stop looting and pillaging in their own shops.

The message has been sent: Only the police can do this job. Whether they do it or not is another matter.

Things on the subway system have gotten crazy. If you know it well, you can manage to travel safely, but visitors to the city who take the wrong train at the wrong time are taking grave risks.

In actual fact, it’s guaranteed that this will only end in confiscating knives and other things that people carry in order to protect themselves while leaving the actual criminals even more free to prey on citizens.

The law-abiding will suffer and the criminals will grow more numerous. It will not end well.

When you step back from the details, what we have is the dawning of a genuine police state in the United States. It only starts in New York City. Where is the Guard going to be deployed next? Anywhere is possible.

If the crime is bad enough, citizens will welcome it. It must have been this way in most times and places that when the police state arrives, the people cheer.

We will all have our own stories of how this came to be. Some might begin with the passage of the Patriot Act and the establishment of the Department of Homeland Security in 2001. Some will focus on gun control and the taking away of citizens’ rights to defend themselves.

My own version of events is closer in time. It began four years ago this month with lockdowns. That’s what shattered the capacity of civil society to function in the United States. Everything that has happened since follows like one domino tumbling after another.

It goes like this:

1) lockdown,

2) loss of moral compass and spreading of loneliness and nihilism,

3) rioting resulting from citizen frustration, 4) police absent because of ideological hectoring,

5) a rise in uncontrolled immigration/refugees,

6) an epidemic of ill health from substance abuse and otherwise,

7) businesses flee the city

8) cities fall into decay, and that results in

9) more surveillance and police state.

The 10th stage is the sacking of liberty and civilization itself.

It doesn’t fall out this way at every point in history, but this seems like a solid outline of what happened in this case. Four years is a very short period of time to see all of this unfold. But it is a fact that New York City was more-or-less civilized only four years ago. No one could have predicted that it would come to this so quickly.

But once the lockdowns happened, all bets were off. Here we had a policy that most directly trampled on all freedoms that we had taken for granted. Schools, businesses, and churches were slammed shut, with various levels of enforcement. The entire workforce was divided between essential and nonessential, and there was widespread confusion about who precisely was in charge of designating and enforcing this.

It felt like martial law at the time, as if all normal civilian law had been displaced by something else. That something had to do with public health, but there was clearly more going on, because suddenly our social media posts were censored and we were being asked to do things that made no sense, such as mask up for a virus that evaded mask protection and walk in only one direction in grocery aisles.

Vast amounts of the white-collar workforce stayed home—and their kids, too—until it became too much to bear. The city became a ghost town. Most U.S. cities were the same.

As the months of disaster rolled on, the captives were let out of their houses for the summer in order to protest racism but no other reason. As a way of excusing this, the same public health authorities said that racism was a virus as bad as COVID-19, so therefore it was permitted.

The protests had turned to riots in many cities, and the police were being defunded and discouraged to do anything about the problem. Citizens watched in horror as downtowns burned and drug-crazed freaks took over whole sections of cities. It was like every standard of decency had been zapped out of an entire swath of the population.

Meanwhile, large checks were arriving in people’s bank accounts, defying every normal economic expectation. How could people not be working and get their bank accounts more flush with cash than ever? There was a new law that didn’t even require that people pay rent. How weird was that? Even student loans didn’t need to be paid.

By the fall, recess from lockdown was over and everyone was told to go home again. But this time they had a job to do: They were supposed to vote. Not at the polling places, because going there would only spread germs, or so the media said. When the voting results finally came in, it was the absentee ballots that swung the election in favor of the opposition party that actually wanted more lockdowns and eventually pushed vaccine mandates on the whole population.

The new party in control took note of the large population movements out of cities and states that they controlled. This would have a large effect on voting patterns in the future. But they had a plan. They would open the borders to millions of people in the guise of caring for refugees. These new warm bodies would become voters in time and certainly count on the census when it came time to reapportion political power.

Meanwhile, the native population had begun to swim in ill health from substance abuse, widespread depression, and demoralization, plus vaccine injury. This increased dependency on the very institutions that had caused the problem in the first place: the medical/scientific establishment.

The rise of crime drove the small businesses out of the city. They had barely survived the lockdowns, but they certainly could not survive the crime epidemic. This undermined the tax base of the city and allowed the criminals to take further control.

The same cities became sanctuaries for the waves of migrants sacking the country, and partisan mayors actually used tax dollars to house these invaders in high-end hotels in the name of having compassion for the stranger. Citizens were pushed out to make way for rampaging migrant hordes, as incredible as this seems.

But with that, of course, crime rose ever further, inciting citizen anger and providing a pretext to bring in the police state in the form of the National Guard, now tasked with cracking down on crime in the transportation system.

What’s the next step? It’s probably already here: mass surveillance and censorship, plus ever-expanding police power. This will be accompanied by further population movements, as those with the means to do so flee the city and even the country and leave it for everyone else to suffer.

As I tell the story, all of this seems inevitable. It is not. It could have been stopped at any point. A wise and prudent political leadership could have admitted the error from the beginning and called on the country to rediscover freedom, decency, and the difference between right and wrong. But ego and pride stopped that from happening, and we are left with the consequences.

The government grows ever bigger and civil society ever less capable of managing itself in large urban centers. Disaster is unfolding in real time, mitigated only by a rising stock market and a financial system that has yet to fall apart completely.

Are we at the middle stages of total collapse, or at the point where the population and people in leadership positions wise up and decide to put an end to the downward slide? It’s hard to know. But this much we do know: There is a growing pocket of resistance out there that is fed up and refuses to sit by and watch this great country be sacked and taken over by everything it was set up to prevent.

Tyler Durden Sat, 03/09/2024 - 16:20

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Low Iron Levels In Blood Could Trigger Long COVID: Study

Low Iron Levels In Blood Could Trigger Long COVID: Study

Authored by Amie Dahnke via The Epoch Times (emphasis ours),

People with inadequate…

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Low Iron Levels In Blood Could Trigger Long COVID: Study

Authored by Amie Dahnke via The Epoch Times (emphasis ours),

People with inadequate iron levels in their blood due to a COVID-19 infection could be at greater risk of long COVID.

(Shutterstock)

A new study indicates that problems with iron levels in the bloodstream likely trigger chronic inflammation and other conditions associated with the post-COVID phenomenon. The findings, published on March 1 in Nature Immunology, could offer new ways to treat or prevent the condition.

Long COVID Patients Have Low Iron Levels

Researchers at the University of Cambridge pinpointed low iron as a potential link to long-COVID symptoms thanks to a study they initiated shortly after the start of the pandemic. They recruited people who tested positive for the virus to provide blood samples for analysis over a year, which allowed the researchers to look for post-infection changes in the blood. The researchers looked at 214 samples and found that 45 percent of patients reported symptoms of long COVID that lasted between three and 10 months.

In analyzing the blood samples, the research team noticed that people experiencing long COVID had low iron levels, contributing to anemia and low red blood cell production, just two weeks after they were diagnosed with COVID-19. This was true for patients regardless of age, sex, or the initial severity of their infection.

According to one of the study co-authors, the removal of iron from the bloodstream is a natural process and defense mechanism of the body.

But it can jeopardize a person’s recovery.

When the body has an infection, it responds by removing iron from the bloodstream. This protects us from potentially lethal bacteria that capture the iron in the bloodstream and grow rapidly. It’s an evolutionary response that redistributes iron in the body, and the blood plasma becomes an iron desert,” University of Oxford professor Hal Drakesmith said in a press release. “However, if this goes on for a long time, there is less iron for red blood cells, so oxygen is transported less efficiently affecting metabolism and energy production, and for white blood cells, which need iron to work properly. The protective mechanism ends up becoming a problem.”

The research team believes that consistently low iron levels could explain why individuals with long COVID continue to experience fatigue and difficulty exercising. As such, the researchers suggested iron supplementation to help regulate and prevent the often debilitating symptoms associated with long COVID.

It isn’t necessarily the case that individuals don’t have enough iron in their body, it’s just that it’s trapped in the wrong place,” Aimee Hanson, a postdoctoral researcher at the University of Cambridge who worked on the study, said in the press release. “What we need is a way to remobilize the iron and pull it back into the bloodstream, where it becomes more useful to the red blood cells.”

The research team pointed out that iron supplementation isn’t always straightforward. Achieving the right level of iron varies from person to person. Too much iron can cause stomach issues, ranging from constipation, nausea, and abdominal pain to gastritis and gastric lesions.

1 in 5 Still Affected by Long COVID

COVID-19 has affected nearly 40 percent of Americans, with one in five of those still suffering from symptoms of long COVID, according to the U.S. Centers for Disease Control and Prevention (CDC). Long COVID is marked by health issues that continue at least four weeks after an individual was initially diagnosed with COVID-19. Symptoms can last for days, weeks, months, or years and may include fatigue, cough or chest pain, headache, brain fog, depression or anxiety, digestive issues, and joint or muscle pain.

Tyler Durden Sat, 03/09/2024 - 12:50

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February Employment Situation

By Paul Gomme and Peter Rupert The establishment data from the BLS showed a 275,000 increase in payroll employment for February, outpacing the 230,000…

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By Paul Gomme and Peter Rupert

The establishment data from the BLS showed a 275,000 increase in payroll employment for February, outpacing the 230,000 average over the previous 12 months. The payroll data for January and December were revised down by a total of 167,000. The private sector added 223,000 new jobs, the largest gain since May of last year.

Temporary help services employment continues a steep decline after a sharp post-pandemic rise.

Average hours of work increased from 34.2 to 34.3. The increase, along with the 223,000 private employment increase led to a hefty increase in total hours of 5.6% at an annualized rate, also the largest increase since May of last year.

The establishment report, once again, beat “expectations;” the WSJ survey of economists was 198,000. Other than the downward revisions, mentioned above, another bit of negative news was a smallish increase in wage growth, from $34.52 to $34.57.

The household survey shows that the labor force increased 150,000, a drop in employment of 184,000 and an increase in the number of unemployed persons of 334,000. The labor force participation rate held steady at 62.5, the employment to population ratio decreased from 60.2 to 60.1 and the unemployment rate increased from 3.66 to 3.86. Remember that the unemployment rate is the number of unemployed relative to the labor force (the number employed plus the number unemployed). Consequently, the unemployment rate can go up if the number of unemployed rises holding fixed the labor force, or if the labor force shrinks holding the number unemployed unchanged. An increase in the unemployment rate is not necessarily a bad thing: it may reflect a strong labor market drawing “marginally attached” individuals from outside the labor force. Indeed, there was a 96,000 decline in those workers.

Earlier in the week, the BLS announced JOLTS (Job Openings and Labor Turnover Survey) data for January. There isn’t much to report here as the job openings changed little at 8.9 million, the number of hires and total separations were little changed at 5.7 million and 5.3 million, respectively.

As has been the case for the last couple of years, the number of job openings remains higher than the number of unemployed persons.

Also earlier in the week the BLS announced that productivity increased 3.2% in the 4th quarter with output rising 3.5% and hours of work rising 0.3%.

The bottom line is that the labor market continues its surprisingly (to some) strong performance, once again proving stronger than many had expected. This strength makes it difficult to justify any interest rate cuts soon, particularly given the recent inflation spike.

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