The Last Time Gold Flashed This Warning Sign, the Market Dropped 80%

Both President Trump and Elon Musk are warning about something that could send the market down 50%, real estate down 40% and savings accounts down 30%.

Apple Watch Now Directly Syncs With Dexcom's G7 Glucose Monitor

Ananya Gairola
June 09, 2024

Dexcom Inc. (NASDAQ:DXCM), a leading glucose monitor manufacturer, has enabled direct Apple Inc.’s (NASDAQ:AAPL) Watch connectivity for its G7 model in the United States.

What Happened: The new feature allows G7 users to access real-time glucose data on their Apple Watch through Dexcom’s new app, without needing to sync with an iPhone.

Bloomberg columnist Mark Gurman revealed the information in his latest installment of the weekly “Power On” newsletter. This update is particularly beneficial for Apple Watch users who prefer to leave their phones behind occasionally.

Subscribe to the Benzinga Tech Trends newsletter to get all the latest tech developments delivered to your inbox.

As of 2022, approximately 24.4 million people in the U.S. were diagnosed with diabetes, according to Statista. Globally, the number of diabetics was 537 million in 2021, a figure expected to rise to 783 million by 2045.

Why It Matters: The glucose monitoring market is significant, with millions of people worldwide needing to constantly check their blood sugar levels. Dexcom’s system still necessitates a skin prick, but tech giants like Apple and Samsung Electronics Co. are working on developing monitors that eliminate the need for blood draw.

In February earlier this year, the Food and Drug Administration cautioned against the use of smartwatches or smart rings claiming to measure blood glucose levels without skin penetration, stating that no such device has been approved yet.

“The agency is working to ensure that manufacturers, distributors, and sellers do not illegally market unauthorized smartwatches or smart rings that claim to measure blood glucose levels,” the FDA said in the statement.

Meanwhile, Dexcom has been expanding its product line. In March 2024, the FDA approved Dexcom’s Stelo Glucose Biosensor System, the first over-the-counter continuous glucose monitor. It is an integrated continuous glucose monitor designed for individuals 18 years and older who do not use insulin.

Photo by Anna Hoychuk on Shutterstock

Check out more of Benzinga's Consumer Tech coverage by following this link.

Read Next: Jeff Bezos Once Picked Up The Phone And Called Amazon Customer Support To Make A Point And Set Off ‘Whole Chain Of Events': Here's Why

Disclaimer: This content was partially produced with the help of Benzinga Neuro and was reviewed and published by Benzinga editors.

Continue Reading...

Popular

Decoding Zuckerberg's Efficiency Mantra: A Wifi Password Speaks Volumes

Meta subtly hinted at CEO Mark Zuckerberg's ongoing commitment to efficiency with the WiFi password at a recent event.

Don't Tell ANYONE About This Altcoin (Until It Pops)... - Ad

Quiet now! This governance token could be the sleeping giant of the crypto world... In the next bull market, this "DeFi 2.0" powerhouse might soar 10x... 50x... perhaps even 100x.

Mother Sells Taylor Swift Tickets Over Star's Endorsement Of Kamala Harris: 'I'm Gonna Shake It Off, And I'm Done With You'

A mother has chosen to sell the Taylor Swift concert tickets she had bought as a birthday present for her daughter in response to the pop star's recent endorsement of Kamala Harris.

Sell This Stock Before Election Day - Ad

Since the AI investing trend kicked off last year, the line between U.S. politics and the U.S. stock market has never been thinner. One 50-year Wall Street is stepping forward to warn of a dramatic market event that could rock the U.S. stock market before Election Day.

Red Lobster exits Chapter 11 bankruptcy protection

Red Lobster, known for its affordable seafood and cheddary biscuits, has exited Chapter 11 bankruptcy protection.

Huge payout expected for a rare coin bought by Ohio farm family and hidden for decades

TOLEDO, Ohio (AP) -- Three sisters from Ohio who inherited a dime kept in a bank vault for more than 40 years knew it had some value. But they had no idea just how much until just a few years ago.

U.S. Loses to China in Shocking WAR GAMES - Ad

Pentagon says new "living missile" key to winning a future conflict. Investors stand to reap 35,960% on shares of the small defense contractor that makes powerful new weapon.

Trump Vs Harris: This Candidate Has The Edge In Latest Swing State Polls

With just over six weeks left until the presidential election, recent polling data reveals a neck-and-neck contest between Kamala Harris and Donald Trump.

Mark Zuckerberg Says He Is Done Apologizing, Reveals One Of The Biggest Mistakes Of His Career

Meta CEO Mark Zuckerberg says he has grown tired of taking on too much ownership of problems beyond his or his company's control.

Don't Wait for FDA Approval - Ad

Biotech stocks are booming in 2024, but picking winners is tough--most drugs face a decade-long FDA approval process. However, a special FDA signal has led to stock spikes 97% of the time. Now, I believe one drug company is on the verge of getting this FDA signal.

Controversial Ally Mark Robinson Absent From Donald Trump Rally In Pivotal North Carolina

Donald Trump returned to North Carolina on Saturday to campaign in Wilmington, a key battleground in the upcoming November election.

Thousands of exploding devices in Lebanon trigger a nation that has been on edge for years

BEIRUT (AP) — Chris Knayzeh was in a town overlooking Lebanon's capital when he heard the rumbling aftershock of the blast. Hundreds of tons of haphazardly stored ammonium nitrates had exploded, killing and injuring thousands of people.

My TOP Altcoin for Right Now Is... - Ad

Searching for the top investment opportunity in crypto? Look no further. Our $3 report gives you the full scoop. You'll get this exciting token's name, our recommended investment strategy, and growth projections. Time is of the essence with this one...

GE Vernova's Gas Power Services Underappreciated & Poised For Growth: Analyst

GE Vernova upgraded to Buy by BofA Securities, price target raised from $200 to $300. Analyst sees potential in Gas Power Services.

Buffett's Big A.I. Secret (Handle With Care) - Ad

A.I. is the talk of the town...But here's what they're NOT telling you. Former investment banking V.P. Ross Givens is letting the cat out of the bag. He's leaking a revolutionary new development, which changes everything. It will kick off A.I.'s massive second wave.

Cards Against Humanity sues Elon Musk's SpaceX over alleged trespassing in Texas

The maker of the popular party game Cards Against Humanity is accusing Elon Musk’s SpaceX of trespassing on and damaging a plot of vacant land the company owns in Texas.

America's Secret New Currency (Buy Alert) - Ad

A new kind of money is coming to America. It's part of a huge shift quietly playing out in the financial system right now, with very little fanfare. It already has the backing of at least 470 banks, as well as the Federal Reserve and US Treasury.

Elon Musk's SpaceX Launches 90th Mission In 2024, With Over A Third Of Launch Target Still To Go

Elon Musk's rocket manufacturing company SpaceX has launched its 90th launch mission for the year, the company said on Tuesday.

Mark Zuckerberg Flaunts Watches Valued at a Cybertruck's Price

Mark Zuckerberg, CEO of Meta, has been seen sporting luxury watches that rival the cost of a Tesla Cybertruck.

Is This Defi Coin Your Next "10-Bagger" Investment? - Ad

Our #1 pick in decentralized finance is largely overlooked by mainstream investors (for now). This governance token could skyrocket as DeFi adoption surges with the smart money and institutions.

Georgia's Ruwa Romman: First Muslim Woman in State House Navigates Complex Political Landscape

Georgia's Ruwa Romman, the first Muslim woman in the state's House, navigates the challenges faced by Arab-Americans in this election season.

Utility ordered to pay $100 million for its role in Ohio bribery scheme

An energy company at the center of a $60 million bribery scheme in Ohio has been ordered by the U.S. Securities and Exchange Commission to pay a $100 million civil penalty for misleading investors about its role in the scandal.

Why We Just Sold Half of Our Stocks - Ad

We've already sold all or part of 52 different stocks this year - more than any other period in our firms' history. That's because there are five cracks forming below this market that threaten us with a widespread collapse. We could see the market tumble by 50% and unemployment will triple.

Boeing makes a 'best and final offer' to striking union workers

Boeing said Monday it made a “best and final offer” to that includes bigger raises and larger bonuses than a proposed contract that was .

What's Going On With Chinese Tech Stocks Like Alibaba, PDD On Thursday?

Alibaba and other Chinese tech stocks are up as US Fed plans to cut interest rates, boosting demand and potential for AI growth.

Man Who Called Nvidia at $1.10 Says Buy This Now... - Ad

In 2004, a man predicted Nvidia's rise. Now, he says a new company, which IPO'd in 2023, could soar like Nvidia. It signed a major deal with Apple for its AI tech in iPhones and iMacs. Could it be the next trillion-dollar company? See why he believes it's among "The Next Magnificent Seven."

SEC Approves Major Overhaul Of US Equity Markets, Largest Reform In Two Decades

The SEC unanimously votes to adopt new rules for pricing stocks under a penny, part of a larger market reform package. Changes aim to promote competition and reduce transaction costs.

Betting on elections threatens confidence in voting and should be banned, US agency says

ATLANTIC CITY, N.J. (AP) — Allowing people to bet on the outcome of poses a great risk that some will try to manipulate the betting markets, which could cause more harm to the already fragile confidence voters have in the integrity of results, according to a federal agency that wants the bets to be banned.

Why Are These Strange "Accidents" Happening All Over America? - Ad

Across America, strange "accidents" are happening in greater numbers than ever before. Jets are falling apart, chemicals are spilling, construction workers are being electrocuted -- and no one knows why. In his new exposé, American financial analyst Dan Ferris reveals the silent force behind this trend... why it's destroying this country from the inside... and where all signs suggest it's about to strike next: the U.S. stock market.

Faulty component could have caused "extensive damage" to Cathay Pacific jet, report finds

HONG KONG (AP) — Hong Kong’s air safety authority said Thursday that a defect in an engine component of a Cathay Pacific Airways Airbus A350 that caused a fire, forcing a Zurich-bound flight to return to Hong Kong, could have caused “extensive damage” to the aircraft.

A 10,000% Dividend?!? - Ad

Have you seen this strange oil investment? It's NOT a stock, bond, or private company...It has NO age requirements...You do NOT need to be accredited to participate... And you can get in for as little as $25.

Elon Musk Tells Tesla Shanghai Team To Help 'Anyone In Distress' After Chinese Mega City Gets Hit By Most Powerful Typhoon In 75 Years

Elon Musk has directed Tesla's Shanghai team to assist those affected by Typhoon Bebinca, the most powerful storm to hit the city in 75 years, which caused widespread damage and evacuations.

UK inflation is steady at 2.2% ahead of Bank of England's next rate decision

LONDON (AP) — Inflation in the U.K. held steady at an annual rate of 2.2% in August, with higher air fares offset by lower fuel costs and restaurant and hotel bills, official figures showed Wednesday.

Prepare for President Kamala - Ad

I won't be voting for her. Even so, I'm worried VP Kamala Harris could pull off a victory and become our next president. And it would be much worse than anything you might expect--especially when it comes to your money. Because likely WON'T get a second chance at recovering the money you stand to lose if she takes power.

OpenAI's Employees See This Latest Creation As 'Ominous' -- What Is It?

Employees at OpenAI have voiced their dissatisfaction with the company's proposed new logo, which they have described as "ominous" and lacking in creativity.

Trending Now

Information, charts or examples are for illustration and educational purposes only and not for individualized investment management This message contains commercial elements, such as advertising. We only send these offers to those who have opted in to our newsletter. Past performance is not indicative of future results. For these reasons we strongly suggest trading in a DEMO/Simulated account. The information provided by us is for educational and informational purposes only. We make no representations or warranties concerning the products, practices or procedures of any company or entity mentioned or recommended and have not determined if the statements and opinions of the advertiser are accurate, correct or truthful. If you use, act upon or make decisions in reliance on information contained or any external source linked within it, you do so at your own peril and agree to hold us, our officers, directors, shareholders, affiliates and agents without fault.

Copyright finstrategist.com
Privacy Policy | Terms of Service