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Drones, solar and apps: It's not your father's sector rotation anymore

Drones, solar and apps: It's not your father's sector rotation anymore

Finance
Many individual investors fail to manage their equity portfolios with an awareness of "sector rotation" — ups and downs in different sectors' performance, stemming from changing economic conditions and inevitable shifts in market favor.Historically, determining which sectors were likely to do well at a given time was basically a function of the economy. Different sectors tended to perform well at different points in the economic growth cycle, from recession to expansion and then back down again, affected variously by such factors as commodity prices, the broad state of corporate earnings, interest-rate shifts and consumer confidence.Some of this wisdom may still apply, but things are much different now, especially regarding consumer sectors. As relentless technological advances change cons
Apple's iOS 11 kills old 32-bit iPhone and iPad apps

Apple's iOS 11 kills old 32-bit iPhone and iPad apps

Technology
Owners of iPhones and iPads who install the latest version of Apple's mobile operating system will find that some older apps will stop working.The move will generally affect apps that have not been updated in the past two years. Although many will have been abandoned by their developers, owners will still use some of them frequently.It is a consequence of iOS 11 being restricted to running apps written in what is known as 64-bit code.The number signifies how much data a processor can handle at once - the larger the figure, the faster a computer can potentially operate.Dropping support for 32-bit software lets Apple streamline its operating system and helps it run more quickly since it no longer needs to load software libraries to make sense of the older programs.Apple has explained in the ...