fbpx

YOUR GUIDE TO STAYING INFORMED IN THE MARKETS

Subscribe for FREE Email Updates & Access To EXCLUSIVE Research!

Technology & Beyond

IBM Announces Job Cuts As Cash Flow Miss Reported – $IBM $DIA $INVO

As per reports, IBM released their Q1 earnings missing its annual cash target. The company's 2022 cash flow was $9.3 billion, below its target of $10 billion, due to higher-than-expected working capital needs. IBM forecasts annual revenue growth in the mid-single digits on constant currency terms, ...

Stocks Race Forward Weekly With Nasdaq’s Outsized Lead – $AAPL $ATOS $INVO $LCID $NVDA $TSLA Rise!

Quote of the Day:  "Take chances, make mistakes. That's how you grow. Pain nourishes your courage. You have to fail in order to practice being brave." - Mary Tyler Moore   Happy Saturday! I hope that you had a wonderful week and that you managed to build your wealth in the stock market and...

Microsoft’s Intelligent Cloud Segment Amounted to $21.51B, Up 18% – $MSFT $DIA $INVO

As per reports, Microsoft (MSFT) released Q2 earnings ended December 31 missing Wall Street's expectations.  Quarter Highlights: Adjusted Earnings per share of $2.32 per share was reported, versus $2.29 per share expected. Revenue of $52.75 billion was reported, versus $52.94 billion estimat...

Intel’s Director Frank Yeary To Take Over As Chairman – $INTC $DIA $ATOS

Reportedly, Intel Corporation (INTC) Chairman Omar Ishrak had stepped down from his position, and will continue as an independent director on Intel's board. Omar Ishrak will be succeeded by board's director Frank Yeary. Yeary, an Intel director since 2009, and also serves on the board of PayPal Hol...

Walmart & Salesforce Partner Offering Store Pickup & Delivery Services – $WMT $CRM $DIA $INVO

Reportedly, Walmart Stores, Inc. (WMT) and Salesforce have entered an agreement to provide retail customers with store pickup and delivery services using Walmart's huge transportation network. Companies using Salesforce's e-commerce platforms to host and manage their websites will now be able to use...

Microsoft Launches Automatic Energy-Saving Mode For Select XBox Users Moving Closer To Environmental Goals – $MSFT $DIA $ATOS $INM

As per reports, Microsoft Corp. (MSFT) is working on an energy-saving update to its Xbox gaming consoles aiming to meet a 2030 deadline for its environmental goals. Starting Xbox Insiders, a subset of users will be automatically switched to a newly introduced energy-saving Shutdown option. When left...

Apple’s Chief Faces Drop In Salary With 40% Reduction In Pay – $AAPL $DIA $ATOS $INM

Reportedly, Apple’s (AAPL) boss Tim Cook has taken a pay cut of more than 40 percent, slashing his salary by about $35m. Cook's pay will decrease from $84m last year to $49m in 2023 on his own recommendation. Apple chief’s base salary remains at $3m, however, as per the regulatory filing he will...

Head Of Certification Airbus Withdraws From U.S. FAA Boeing Safety Culture Panel – $BA $DIA $INM $ATOS

As per reports, the European planemaker Airbus has withdrawn from a U.S. government-named panel reviewing Boeing’s (BA) safety processes and how they influence Boeing's safety culture after two fatal 737 MAX crashes killing 346 people. The Federal Aviation Administration (FAA) panel included James...

Friday’s Bounce Secures Weekly Win For Nasdaq Despite Growth Concerns – $AAPL $AMC $ATOS $BRQS $CLLS $DIS $INM $NVDA $TSLA Rise!

Quote of the Day:  "A single twig breaks, but the bundle of twigs is strong." - Tecumseh   Happy Saturday! I hope that you had a solid holiday-shortened week and that you managed to make a fortune in the stock market and otherwise. We stayed relatively dry here in San Francisco and pressed...

FAA Names Experts To Review Boeing’s Safety Features & Report Findings – $BA $DIA $INM $ATOS

As per reports, the Federal Aviation Administration, U.S. has listed 24 experts to review Boeing’s (BA) safety management processes and how they influence the aerospace giant's safety mechanism after two fatal 737 MAX crashes that killed 346 people onboard. The panel, which was required by Congres...

Salesforce & Qualcomm Jointly Developing New Connected Vehicle Platform For Automakers – $CRM $QCOM $DIA $INVO

Reportedly, Cloud-based software firm Salesforce Inc. (CRM) and U.S. chip designer Qualcomm Inc. (QCOM) are jointly developing a new connected vehicle platform for automakers. The platform for cars with internet access would use Qualcomm's Snapdragon digital chassis and Salesforce's cloud services t...

Microsoft Announces $10B Investment In San Francisco-based OpenAI – $MSFT $DIA $TSLA $INVO

As per reports, Microsoft (MSFT) is to invest $10 billion into San Francisco-based firm OpenAI, the owner of ChatGPT, valuing the firm at $29 billion. OpenAI, founded by Tesla Inc. (TSLA)  CEO Elon Musk and investor Sam Altman, made the ChatGPT chatbot available for free public testing on Nov. 30. ...

Apple Preparing To Use In-House Screens Aims At Reducing Dependency On Partners – $AAPL $DIA $INVO

As per reports, Apple (AAPL) is preparing to start using its own custom displays in its mobile devices from 2024 onwards aiming to bring more components in-house, and reduce its reliance on other partners such as Samsung Electronics and LG Corp. Apple plans to begin by swapping out the display in Ap...

Disinflation Beliefs & Stock Values Grow During #JPM2023 Week – $AMZN $ATOS $BRQS $GME $INM $INVO $SHIP $TSLA Rise!

Quote of the Day: "If one does not know to which port one is sailing, no wind is favorable." - Lucius Annaeus Seneca   Happy Saturday! I hope that you had a wonderful week and that you are out enjoying yourself this long MLK holiday weekend. This week, I spent a great deal of my days tryin...

CRM Giant Salesforce Reducing Workforce & Cutting Infrastructural Costs – $CRM $DIA $INVO

Reportedly, Salesforce (CRM) is reducing its office space footprint and cut 10% of its employees as part of a restructuring plan amid slow revenue growth expected in fiscal 2024. The company expects to incur about $1.4 billion to $2.1 billion in charges from the plan, and up to $1 billion of the cha...

Boeing Schedules Q4 Earnings Conference Call For Jan. 25 – $BA $DIA $INVO

As per reports, Boeing (BA) Company is to release its fiscal fourth quarter 2022 results on Wednesday, January 25th. David Calhoun, President, and CEO along with Executive Vice President and CFO Brian West to discuss and review the results during a conference call at 10:30 a.m. ET followed by the re...

Microsoft Eyes Launch Search Engine Bing Powered By OpenAI – $MSFT $DIA $INVO

As per reports, technology giant Microsoft Corp (MSFT) is in talks to launch a version of its search engine Bing using the artificial intelligence used behind chatbot ChatGP, launched by OpenAI. The company is expecting to launch the new feature before the end of March, hoping to challenge Alphabet-...

Stocks Move Higher & Yields Drop To Kick Off 2023 – $AAPL $ATOS $BRQS $DIS $INVO $SHIP Rise!

Quote of the Day: "There is little that can withstand a man who can conquer himself." - Louis XIV   Happy End to the First Week of 2023! I hope that you had a wonderful beginning to your year and that we all have prosperous balance in view. As for the markets this week, we experienced a refr...

Jobless, Interest Rates Climb As Stocks Cruise Lower During Last Few Sessions of 2022 – $INM $INVO $IWC $JPM $TGTX $XBI $XLE Rise!

Quote of the Day: "The limits of the possible can only be defined by going beyond them into the impossible." - Arthur C. Clarke   Happy New Year's Eve! I hope that you had a great week & that you are out ringing in the new year that will hopefully prove to be prosperous to one and all. ...

Production At Tesla’s Shanghai Plant Suspended Due To Rising Covid-19 Infections?

Reportedly,  Tesla (TSLA) suspended production at its Shanghai plant last week, the suspension comes amid a rising wave of infections after China eased its zero-COVID policy earlier this month. As per sources, workers at Tesla and its suppliers have also been falling sick as part of this wave, posi...

Italy PM In Potential Talks With Intel Over Chip Factory Deal – $INTC $DIA $INVO

Reportedly,  Giorgia Meloni, Italy's Prime Minister is to meet representatives of Intel Corporation (INTC) to discuss a potential multibillion-euro investment by the company in Italy. Earlier this year, the U.S. giant announced plans to build a chip factory in the country as part of a bigger plan t...

Microsoft Files With FTC Placing Argument Over Activision Blizzard Deal – $MSFT $DIA $INVO

As per reports, Microsoft Corp (MSFT) filed an argument convincing a judge at the U.S. Federal Trade Commission to allow its bid to buy "Call of Duty" maker Activision Blizzard, after FTC commissioners said the merger would hamper competition in the gaming industry. However, the company put forward ...

Boeing’s 777X To Resume Testing After Engine Inspection Halt – $BA $DIA $INVO

Reportedly, Boeing (BA) resumed flight testing of its 777X jets after an inspection in October identified an engine issue. Under development since 2013, the 777X (also known as 777-9) is a larger version of the 777 wide-body jet. Last month, when GE was reviewing a technical issue that occurred dur...

Tesla Offers Discount On Car Models In The U.S & Canada – $TSLA $SPY $INVO

Reportedly, EV giant Tesla (TSLA) is giving discounts in Canada and the United States this month on its Model 3 and Model Y delivered. Tesla is giving a $7,500 credit in the United States and a $5,000 credit in Canada on Model 3 and Model Y vehicles delivered before the end of the year, along with f...

Apple Japan Charged With $98M In Back Taxes? – $AAPL $DIA $INVO

As per reports, Apple Inc's (AAPL) Japan unit is to pay 13 billion yen in additional taxes by Tokyo for bulk sales of iPhoneS and other Apple products to foreign tourists that were incorrectly exempted from the consumption tax. Tourists staying less than six months in Japan are allowed to buy items ...

Intel Dividing Its Graphic Chips Unit Into 2 Divisions – $INTC $DIA $INVO

Reportedly, Intel Corporation (INTC) is dividing its graphic chips unit into two as it realigns the business to better compete with its competitors. Intel to combine its consumer graphics unit with Intel's client computing group, which makes chips for personal computers, and on the other hand, accel...

Stock Market Fails To Deliver A ‘Santa Rally’ This Week, Yet… – $ADT $APE $ATXS $CVX $SHIP $XPON Rise!

Quote of the Day:  "Be faithful in small things because it is in them that your strength lies." - Mother Teresa   Happy Saturday All! I hope that you had a great week and that you are out enjoying the long holiday weekend.  As for the markets this week, we experienced yet another down we...

Will Tesla Finalize Plans For A Mexico EV Assembly Plant Soon? $TSLA $SPY $INVO

As per reports, EV giant Tesla Inc (TSLA) is reportedly in talks to build an assembly plant for electric vehicles in northeastern Mexico, around its industrial area. The plant is expected to be located in Santa Catarina in Monterrey city, the capital of Nuevo Leon state in Mexico. However, it is no...

Chevron To Invest In Geothermal Projects In U.S – $CVX $DIA $BRQS

Reportedly, Chevron Corporation (CVX) is seeking to enter a joint venture with Baseload Capital, a Swedish investment and development firm to develop geothermal projects in the United States. Geothermal energy taps into heat within the earth, and currently makes up less than 1% of the U.S. energy mi...

Reportedly, Apple Preparing To Allow Rival App Stores On iPhones In European Union – $AAPL $DIA $INVO

As per reports, Apple Inc. (AAPL) is preparing to allow alternative app stores on its iPhones and iPads in the European Union as soon as late next year to comply with a new European competition law it had fought. The iPhone maker had raised that allowing sideloading, bypassing its App Store, exposes...

Stocks Take Another Hawkishly Fed Weekly Hit – $CVX $HZNP $KDNY $XLE Rise!

Quote of the Day:  "The future rewards those who press on. I don't have time to feel sorry for myself. I don't have time to complain. I'm going to press on." - Barack Obama   Happy Saturday All! I hope you all had a wonderful week and that you have your seat all picked out to watch the 202...

Salesforce Reports October Quarterly Earnings, Announces Exit Of Co-CEO Taylor

As per reports, Salesforce (CRM) reported October-ended quarter earnings exceeding estimates while guidance came in mixed. The CRM giant also announced the exit of co-Chief Executive Bret Taylor amid other management changes. Taylor, who had been co-CEO for about one year, will stay on until Jan. 31...

Per Reports, Sony Offered 10-Year Contract By Microsoft For ‘Call of Duty’ Releases On PlayStation – $MSFT $DIA $INVO

As per reports, Microsoft (MSFT) has made an offer to Sony for a 10-year contract to make each new "Call of Duty" release available on PlayStation the same day it comes to Microsoft's Xbox. In September, Sony's gaming chief Jim Ryan raised that Microsoft's earlier offer to keep the popular game seri...

Microsoft To Expand Software Services In Africa By 2025 Targeting 100M – $MSFT $DIA $INVO

Reportedly, Microsoft Corp (MSFT) aims to secure internet access for 100 million more people in Africa by 2025, teaming up with a satellite provider and setting the stage for longer-term cloud adoption, informed its President Brad Smith. Microsoft has long pushed to bring more people online, playing...

Microsoft Strikes $2.8B Cloud-Computing Deal With London Stock Exchange Group – $MSFT $AMZN $GOOG $INVO

As per reports, Microsoft (MSFT) has agreed to buy a 4% stake in London Stock Exchange Group Plc in a $2.8B cloud-computing deal pushing the tech giant further into financial market data world. As part of the agreement, London Stock Exchange Group Plc is to spend at least that amount on cloud servic...

IBM & Japan’s Rapidus Aiming to Manufacture The World’s Most Advanced Chips – $IBM $DIA $INVO

As per reports, International Business Machines Corporation (IBM) partnered with a newly formed chip maker, Rapidus, backed by the Japanese government aimed to manufacture the world's most advanced chips in Japan by the second half of the decade. Japan's industry and trade ministry has agreed to inv...

A Sprinkling Of Fed Worries/Global Growth Fears & Tax Loss Swaps Knocked Out Stocks This Week

Quote of the Day:  "By three methods we may learn wisdom: First, by reflection, which is noblest; Second, by imitation, which is easiest; and third by experience, which is the bitterest." - Confucius   Happy Saturday All! I hope you all had an amazing week & that you have been able to ...

IBM Acquires US-Based Digital Transformation Provider, Octo – $IBM $DIA $INVO

As per reports, IBM (IBM) announced the acquisition of U.S based Octo, an IT modernization and digital transformation services provider serving the U.S. federal government, including health, defense, and civilian agencies. The technology giant's acquisition of Octo is one of the major digital transf...

IBM’s Recent Beat Driven By Robust Cloud Strength – $IBM $DIA $ATOS $INVO

As per reports, International Business Machines Corporation (IBM) beat quarterly revenue estimates and expects to exceed full-year revenue growth targets as robust demand for its digital services offset the blow from a strong dollar. IBM's cloud revenue jumped 11% to $5.2 billion in the quarter and ...

Cisco To Pay Quarterly Dividend On Jan 25 – $CSCO $DIA $INVO

As per reports, Cisco Systems, Inc. (CSCO) announced a quarterly cash dividend of $0.38 per common share payable on January 25, 2023. The cash dividend will be payable to stockholders as of January 5, 2023. Cisco Systems, Inc. (CSCO) is a global technology leader that designs, manufactures, and sel...

Boeing’s Last Widebody 747-8 Freighter Leaves Everett Factory To Atlas Air – $BA $AAWW $DIA $INVO

Reportedly, aerospace giant Boeing (BA) has completed the delivery of its last widebody, 747-8 Freighter in advance of its delivery to Atlas Air (AAWW) which is due next year. The aircraft has marked a name in the history of aerospace leadership. The 747-8 Freighter model has a revenue payload of 13...

ADT Launches New Smart Home Hub With Touchscreen Alarm Panel – $ADT $INVO

Reportedly, ADT UK and Ireland, experts in home security, announces the launch of its new ADT Smart Home Hub, a new touchscreen alarm panel for its ADT Smart Home system. The new launch is updated with all the features necessary to keep the home safe in the most convenient, stylish, and user-friendl...

Cisco Schedules Virtual Annual Meeting Of Shareholders – $CSCO $DIA $INVO

As per reports, Cisco Systems, Inc. (CSCO) is scheduled to host its 2022 Virtual Annual Meeting of Stockholders starting at 8:00 a.m. PST via audio webcast on Thursday, December 8, 2022. Cisco Chair and CEO Chuck Robbins will participate in the call. A live audio webcast of the event can be reached ...

Intel Quarter Earnings Exceed Estimates, But Remains Timid On Outlook – $INTC $DIA $ATOS $INVO

As per reports, Intel Corporation (INTC) recently released its Q3 earnings beating expectations, but remained conservative on its outlook for the fourth quarter. The company earned an adjusted 59 cents a share on sales of $15.34 billion in the September quarter, analysts expected Intel earnings of 3...

Alaska Airlines To Expand & Modernize Its Fleet With 52 Boeing 737 MAX Jets – $BA $DIA $ATOS $INVO

Reportedly, Alaska Airlines has placed an order for 52 Boeing (BA) airplanes expanding its Boeing's 737 MAX fleet along with an option for an additional 42 737-10 and 10 737-9 jets. The airline is focussing to build one of the most sustainable and efficient fleets in the industry, with the addition....

Apple’s Quarterly Earnings Exceeded Estimates – Forecasted Weak Holiday Quarter – $AAPL $DIA $ATOS $INVO

Reportedly, Apple's (AAPL) quarterly revenue and profit exceeded market estimates, however, the forecast for the holiday quarter was bleak. The iPhone expects revenue growth to fall below 8% in the December quarter. For the quarter, iPhone sales were not as strong as expected, however, Mac sales of...

Fed Chair Empowers Weekly Stock Market Continuation – $ADT $AMC $FATE $HL $KDNY $TSLA $XBI Rise!

Quote of the Day:  "No man was ever wise by chance." - Lucius Annaeus Seneca   Happy Saturday All! I hope you ll had a great week and enjoyed the balance of the group stage of the 2022 World Cup. Congratulations to Team USA that is now scheduled to play Netherlands in the knock out stage ...

Japan’s Skymark To Acquire Boeing 737 MAX Airplanes – $BA $DIA $INVO

Reportedly, Japan's Skymark Airlines announced plans to add up to 12 Boeing (BA) 737 MAX airplanes as part of its fleet modernization efforts. The carrier intends to order four airplanes including the 737-8 and 737-10 variants with options for two additional jets.  "As Skymark Airlines looks to su...

Boeing’s Q3 Earnings Disappointed – $BA $DIA $ATOS $INVO

As per reports, Boeing (BA) released third-quarter earnings reporting a wide miss on its earnings line, as defense unit losses weighed against a strong quarter on its commercial side. Boeing reported an adjusted loss of $6.18 per share, due to charges in its Air Force One and KC-46 air tanker projec...

Verizon’s Q3 Profits Take Hit As Subscribers Drift – $VZ $DIA $ATOS $INVO

Reportedly, Verizon Communications, Inc. (VZ) reported a 23% slide in third-quarter profit and missed market estimates for wireless subscriber additions, as several customers opted for cheaper plans from rivals AT&T Inc and T-Mobile US Inc. Verizon witnessed the loss of 189,000 monthly bill-payi...

Boeing Expects Higher Cash Flow In 2023 – $BA $DIA $ATOS $INVO

As per reports, Aerospace giant Boeing Co (BA) expects higher free cash flow as it expects to ramp up deliveries of 737 MAX and 787 jets, informed Chief Financial Officer Brian West. Boeing estimates it will generate $3 billion-$5 billion in free cash flow next year, way higher than the $1.5 billion...

Caterpillar Completes Successful Demonstration Of First Battery Electric Truck On 7-kilometer Course – $CAT $DIA $ATOS $INVO

Reportedly, Caterpillar, Inc. (CAT) announced a successful showing of 793 large mining trucks, their first battery electric powered mining trucks, and additionally announced a significant investment to transform its Arizona-based proving ground into a sustainable testing and validation hub of the fu...

IBM Pushes The Limits With Its Most Powerful Quantum Computer To Date – $IBM $DIA $INVO

Reportedly, International Business Machines Corporation (IBM) announced a 433-qubit, Osprey machine, the most powerful and impressive quantum computer, built with three times the number of qubits than its earlier Eagle machine. Quantum computers are much faster than the fastest supercomputers today....

Apple Hires Timothy Campos From Facebook To Lead Its Information Systems Group – $AAPL $META $DIA $INVO

As per reports, Apple Inc. has hired Timothy Campo, a startup founder, and former Facebook (META) executive, to run its information systems group after a series of departures in that department. Campion will lead the Information Systems and Technology department, responsible for the infrastructure b...

Emirates To Add 5 Boeing 777 Freighters To Its Cargo Fleet – $BA $DIA $INVO

As per reports, Emirates has placed an order for five 777 Freighters, valued at more than $1.7 billion at list prices, expanding its all-Boeing (BA) dedicated freighter fleet. The airline was a launch customer for the 777 Freighter and is currently the world’s largest operator of the 777 families,...

Salesforce To Release Q3 Earnings On November 30 – $CRM $DIA $INVO

Reportedly, global CRM leader Salesforce (CRM) has scheduled to release its third-quarter fiscal year 2023 results on November 30, 2022, after trading closes, followed by a conference call at 5:00 p.m. ET to discuss and review financial results with the investment community. Interested parties can ...

Apple Seeking To Expand Live TV Advertising Around MLS Games Next Year – $AAPL $DIA $INVO

Reportedly, Apple (AAPL) is gearing up to expand its advertising network for live television in an attempt to stream Major League Soccer (MLS) games next year. The company is in talks with advertising partners and MLS sponsors in advance of the launch next February about airing advertisements during...

Microsoft Charged With EU Antitrust Complaint On Cloud Computing Practices – $MSFT $DIA $INVO

Reportedly, Microsoft (MSFT) faces a new antitrust complaint over its cloud computing practices as trade group CISPE, whose members include Amazon, took its grievance to European Union antitrust regulators. The trading body alleged that Microsoft's new contractual terms imposed on Oct. 1 together wi...

Tesla Offers Beta Version Of It Full Self-Driving Feature For Test – $TSLA $SPY $INVO

As per reports,  Tesla (TSLA) is making its driver-assistance system available to customers behind the wheel to test, a feature that was previously deemed not safe enough. CEO, Elon Musk tweeted that the system which Tesla calls Full Self-Driving Beta will be now available to anyone in North Americ...

Europe Strengthens Grip On Global Chip Industry 2030 Initiative As Design Center Opening In Barcelona – $CSCO $DIA $INVO

Reportedly, Cisco Systems, Inc. (CSCO) is set to open a new semiconductor chip design center in the northeastern Spanish city of Barcelona. The initiative is a part of government subsidies, PERTE plan for semiconductor research and development using the European Union's pandemic relief funds, alloca...

Thanksgiving Holiday-Shortened World Cup Filled Week Produces Positive Returns – $ADT $ATOS $BBY $DIS $JPM $SHIP Rise!

Quote of the Day:  "Progress is man's ability to complicate simplicity." - Thor Heyerdahl   Happy Saturday All! I hope that you are enjoying the long Thanksgiving holiday weekend and that you are taking in your favorite festivities and games including those from 2022 World Cup that are bei...

IBM & Bosch Connect To Find Alternatives To Critical Minerals For EV’s – $IBM

As per reports, International Business Machines Corporation  (IBM) and Germany's Bosch have formed a partnership to use quantum computing and simulation technology to find alternatives to the rare earth and metals needed for electric vehicles. The minerals used in membranes in fuel cells for hydrog...

Apple Launched Emergency SOS Service – $AAPL $DIA $SPY $INVO

Reportedly, the iPhone giant Apple (AAPL) has launched its Emergency SOS service, which allows iPhones to communicate using satellites when they have no signal. The feature allows people to contact emergency services when they are outside of cellular or WiFi coverage. The feature will also allow the...

Intel Elects BlackRock Co-Founder To Its Board – $INTC $BLK $DIA $INVO

As per reports, Intel Corporation (INTC) has elected co-founder and senior advisor at BlackRock Inc. (BLK) Barbara G. Novick, to its board of directors effective Dec. 1, 2022. Barbara will serve as an independent director and join the board’s Audit & Finance and Compensation committees. &nbs...

Are Apple’s iPhones Running Out Of Supply Ahead Of Holiday Season? $AAPL $BBY $DIA $INVO

Reportedly, Apple Inc's (AAPL) high-end iPhones will be in short supply at stores this holiday season, informed Best Buy Co Inc's (BBY) chief executive.  Earlier this month, Apple warned of delays in shipments of its flagship product following a significant production cut at Foxconn's Zhengzhou pla...

Cisco Announces Quarterly Earnings, Raises Full-Year Outlook – $CSCO $DIA $INVO

As per reports, Cisco Systems, Inc. (CSCO) recently raised its full-year profit and revenue forecast amid easing supply chain hurdles and announced $600 million in analysis and restructuring charges, impacting 5% of its workforce roughly. In the first quarter, Cisco's revenue exceeded analysts' esti...

Nvidia Teaming With Microsoft To Build ‘Massive’ Cloud AI Computer -$NVDA $MSFT $DIA $INM

Reportedly, Nvidia Corp (NVDA) is partnering with Microsoft Corp (MSFT) to build a “massive” computer to handle high artificial intelligence computing work in the cloud. The AI computer will operate on Microsoft’s Azure cloud, with tens of thousands of graphics processing units, Nvidia’s mos...

Cisco To Release Q1 Results – CSCO $DIA $INVO

As per reports, Cisco Systems, Inc. (CSCO) has scheduled a conference call for Wednesday, November 16, 2022, at 1:30 PM (PT) / 4:30 PM (ET) to announce its first quarter fiscal year 2023 financial results for the period ending Saturday, October 29, 2022. Web & Dial-Dial-In : The webcast can...

EU Antitrust Regulators Set Nov 8 As Deadline For Microsoft & Activision Deal – $MSFT $DIA $INVO

Reportedly, EU antitrust regulators are to decide by Nov. 8 whether to clear Microsoft Corp's proposed $69 billion acquisition of "Call of Duty" maker Activision Blizzard. The deal will help the U.S. software company better compete with industry leaders Tencent and Sony. The transaction can be clea...

Tesla’s Semi Truck Deliveries Expected In December 2022 For PepsiCo – $TSLA $PEP $SPY $INVO

Reportedly, PepsiCo Inc (PEP) is to become the first company to receive its orders for Tesla's (TSLA) much-delayed Semi truck EVs in December. The beverage giant informed that the trucks would be used at its Frito-Lay plant in Modesto, California, and its PepsiCo beverages factory in Sacramento. The...

Twitter May Revise Its User Verification Process

Reportedly, Twitter may soon update its user verification process, informed CEO Tesla (TSLA) Elon Musk, after he took over the social media giant recently. The social media giant is considering charging for the blue check mark verifying the identity of its account holder.  "Whole verification proc...

Intel To Host Q3 Earnings Call – $INTC $DIA $INVO

As per reports, Intel Corporation (INTC) announced the release of third-quarter 2022 financial results on Thursday, Oct. 27, 2022, after trading closes followed by a conference call at 2 p.m. PDT to discuss the results. The event webcast can be reached at Intel's Investor Relations website at intc.c...

Microsoft & Mercedes Benz Partner On Supply Chain Data Platform – $MSFT $DIA $INVO

Reportedly, Mercedes-Benz has entered a partnership with Microsoft (MSFT) using its Cloud for a data platform, MO360 intended to improve production efficiency at over 30 passenger car plants globally. The collaboration is aimed at a 20% increase in vehicle production efficiency by 2025 from 2022 lev...

Aviation Giant Boeing Reports Q3 2022 Commercial & Defense Deliveries & Results- $BA $DA $INVO

Dow 30 comments and aviation giant Boeing (BA) reported major program deliveries across its commercial and defense operations for the third quarter of 2022 earlier in October, as listed below: Major Programs - 3rd Quarter 2022 Commercial Airplanes Programs 3rd Quarter 2022 Year-to-date ...

Boeing Schedules Third-Quarter Release – $BA $DIA $INVO

As per reports, the Boeing Company (BA) is to release its third-quarter 2022 financial results on Wednesday, October 26. President & CEO David Calhoun and Executive Vice President and Chief Financial Officer Brian West will host a conference call that day at 10:30 a.m. ET to discuss the results ...

Musk Promises Strong Quarter Ahead Even As The EV Giant Misses Estimates

Reportedly, Tesla (TSLA), reported sales that fell short of Wall Street estimates, due to delivery and production bottlenecks, prompting the CEO to assure investors that demand for his company’s cars continues to remain strong. “We have excellent demand for Q4 and we expect to sell every car th...

Intel Ties With Google Cloud Introducing Secure & Improved Chip For Data Centre – $INTC $GOOG $DIA $BRQS $INVO

Reportedly, Intel Corporation (INTC) and Alphabet Inc's Google Cloud have launched a co-designed chip to make data centers more secure and efficient. The E2000 chip, code-named Mount Evans, takes over from the expensive central processing units (CPU) that do the main computing, for the work of packa...

Microsoft Laid Off Several Employees Amid Weakening Economy – $MSFT

Reportedly, Microsoft Corp (MSFT) has laid off under 1,000 employees across several divisions in October making it the latest U.S. technology company to cut jobs or slow hiring amid a global economic slowdown. The layoffs affected less than 1% of Microsoft's total workforce of around 221,000 as of J...

Intel To Lay Off Employees Amid Declining PC Demand

Reportedly, Intel Corporation announced cutting jobs amid a slowdown in the personal computer market. The layoffs will be announced as early as this month and some of Intel's divisions, including the sales and marketing group, could witness cuts affecting about 20% of employees. As of July, Intel ha...

Boeing Announces Deal With UPS For Eight Additional 767s Freighters – $BA $DIA $INVO

As per reports, Boeing (BA) announced that it has received an order from UPS for eight more 767 Freighters. The additional orders will increase UPS's 767 Freighter fleet to 108 airplanes, enabling Boeing to further modernize and sustainably grow its fleet. Air cargo continues to play a significant ...

Boeing Gains Orders For 42 MAX 10 Jets From Canada’s WestJet Group – $BA $DIA $INVO

Reportedly, Canada's WestJet Group has placed an order with Boeing Co (BA) for 42 MAX 10 jets in a deal valued at $5.67 billion at list prices. The Calgary-based carrier now has more than 60 firm orders for the 737 MAX jets, Boeing's best-selling single-aisle airplane family. Owned by private equity...

Honeywell Announces Release Date Of Q3 Earnings – $HON $DIA $INVO

As per reports, Honeywell is to release its third quarter financial results on Thursday, October 27, before the market opens, followed by a conference call at 8:30 a.m. EDT. A real-time audio webcast of the presentation can be reached at http://www.honeywell.com/investor. Vista Partners LLC (”Vis...

Cisco’s Board Increases To 12 Members With The Appointment Of Sarah Rae Murphy – $CSCO $DIA $INVO

As per reports, Cisco Systems, Inc. (CSCO) has appointed Sarah Rae Murphy to its board of directors effective immediately, with Cisco's board size increasing to 12 members. Murphy's broad executive leadership experience in finance, operations, innovation, and transformation is expected to bring an a...

Boeing To Expand Investments In India – $BA $DIA $INVO

As per reports, Boeing (BA) plans to build on its existing investments in India in defense supply chains and manufacturing areas. The company was offering its F/A-18 fighter jet for sale to India's armed forces and informed the selection of the plane would help boost investments in the country's def...

Intel Offers Customers To Try Out New Chips With Expanded Developer Cloud Base – $INTC $DIA $INVO

Reportedly, Intel Corporation (INTC) is planning to expand the Intel Developer Cloud, allowing customers to try a range of new chips before they hit the market, as it hopes it will pull more application developers to use its processors. Chip companies are working to enable software and hardware deve...

Apple Eyeing Latest Chip Technology By Taiwan’s TSMC For Upcoming iPhones, Macs – $AAPL $DIA $INVO

Reportedly, Apple Inc (AAPL) is planning to use an updated version of Taiwanese chipmaker TSMC's latest chip-producing technology in iPhones and Macbooks next year. The A17 mobile processor, which is currently under development and is expected to be available in the second half of next year, will be...

Microsoft’s & Activision Blizzard Deal Faces Scrutiny By British Regulators – $MSFT $ATVI $DIA $INVO

As per reports, Microsoft Corp.’s (MSFT) deal to buy Activision Blizzard Inc. is facing intense scrutiny by British antitrust regulators who are concerned the $69 billion acquisition could harm competition. The U.K.’s Competition and Markets Authority is concerned that Microsoft’s dominant pro...

Boeing’s August Deliveries Improved – $BA $DIA $INVO

Reportedly, Boeing (BA) jetliner deliveries increased in August to 35 airplanes as the U.S. planemaker resumed handovers of its 787 Dreamliner after a 15-month delay. The monthly deliveries included 27 737 MAX jets, two 787s, and five freighters raising the total MAX deliveries this year to 240 jets...

Is Apple Shifting iPhone 14 Production To India Away From China? -$AAPL $DIA $INVO

Reportedly, Apple (AAPL) has begun producing its iPhone 14 model in southern India less than a month after it was launched, as the iPhone giant is looking for ways to diversify its supply chains out of China and expand production in India, as geopolitical tension rises between Washington and Beijing...

Apple’s iPhone 14 Records Better Sales Than Its Predecessor – $AAPL $DIA $INVO

Reportedly, Apple Inc.'s (AAPL) iPhone 14 is reportedly recording better sales than last year's iPhone 13 models. Apple started taking preorders for its latest handsets last week. U.S. delivery times for the iPhone 14 Pro and Pro Max have extended to 29 to 36 days, however, delivery times for the re...

Zoom Enhances Chat Features Competing With Rivals Including Microsoft’s Teams & Slack – $ZM $MSFT $DIA $INVO

As per reports, Zoom Video Communications Inc. (ZM) has renamed its chat product and added some features, including third-party integration, as it gears to compete with rivals including Microsoft's Teams and Slack. Zoom's app, now known as Zoom Team Chat, will offer features such as the ability to ...

Cisco Secures Second Position For Best Workplaces in Asia™, 2022 – $CSCO $DIA $INVO

Reportedly, Cisco Systems, Inc. (CSCO) has secured the number two position in the Asia list for 2022 Best Workplaces. The result is based on over 1 million survey responses across Asia and the Middle East, including the feedback of more than 4.7 million employees in the region. The results are base...

Musk’s SpaceX To Launch More Astronaut Missions To International Space Station For NASA – $TSLA $SPY $INVO

Reportedly, Elon Musk's SpaceX will launch five more astronaut missions to the International Space Station for NASA at the end of the decade under a $1.4 billion contract order taking the company's total contracted missions for its Crew Dragon astronaut capsule to 14. SpaceX's NASA contract is part ...

Walgreens Adds Technology Expert Hsiao Wang As New CIO – $WBA $DIA $INVO

Reportedly, Walgreen Boots Alliance (WBA) has named technology expert Hsiao Wang as its new CIO and added IBM global chief data officer Inderpal Bhandari to its board of directors. Wang succeeds Francesco Tinto as CIO and will assume his new role on September 26, reporting to CEO Roz Brewer as a mem...

Musk’s Starlink Reportedly In Talks With Apple Over Satellite Messaging Feature – $TSLA $AAPL $DIA $INVO

Reportedly, the CEO of Tesla (TSLA) Elon Musk has had promising talks with Apple Inc. (AAPL) about using Starlink's satellite services for the iPhone 14's emergency messaging feature, a day after the iPhone giant chose Globalstar for the task. Globalstar will build the satellites for the new feature...

Salesforce Schedules Annual Investor Day – $CRM $DIA $INVO

Reportedly, the global leader in CRM, Salesforce (CRM) announced that it will hold its annual Investor Day on Wednesday, Sept. 21 beginning at 1:00 p.m. (PT) / 4:00 p.m. (ET). The live broadcast and on-demand replay can be reached at http://www.salesforce.com/investorday2022 and at www.salesforce....

Sanjiv Gossain To Lead Verizon’s EMEA Succeeding Scott Lawrence – $VZ $DIA $INVO

Reportedly, Verizon Business (VZ) has named Sanjiv Gossain as Group Vice President and Head of EMEA. Sanjiv succeeds Scott Lawrence, who continues to serve in the role of Senior Vice President, Global Solutions. In his new role, Sanjiv will have overall responsibility for the company's global enter...

Will The iPhone 14 To Cost More In Asian Countries? – $AAPL $DIA $INVO

Reportedly, Apple (AAPL) has kept prices for its latest iPhone stable in the United States, but raised prices in some Asian countries where currencies have dropped against the dollar in the past year. Buyers of the primary iPhone 14 in Japan, where the yen dropped 24% since September will have to pa...

Apple Planning To Appeal Brazil’s Ban On The Sale Of iPhones Sans Chargers – $AAPL $INVO $DIA

As per reports, Apple (AAPL) is planning an appeal against the move by Brazil to ban the sale of iPhones without battery chargers, arguing that the company has helped reduce environmental waste by not including the accessory with new devices. In 2020, Apple announced it would discontinue putting ch...

Apple’s Chief Privacy Officer Jane Horvath Leaving To Work At A Law Firm- $AAPL $DIA $INVO

As per reports, Apple (AAPL) Inc's Chief Privacy Officer Jane Horvath will be leaving the company soon to work at a law firm, Gibson, Dunn & Crutcher. Horvath, who joined Apple in 2011, was reportedly hired to formalize privacy practices after the 2011 "locationgate" scandal, in which iPhones w...

Cisco Recently Beat Wall Street’s Q4 Earnings Estimates Despite Supply Chain Hurdles- $CSCO $INVO $DIA

Cisco Systems, Inc. (CSCO) gave a positive forecast for first-quarter sales as a COVID-19 recovery in China eased supply chain snags and met the demand for networking hardware. Adjusted earnings for the company came in at 83 cents per share for the fourth quarter, down 1% from a year earlier. Revenu...

Apple Suppliers Preparing To Introduce Vietnam As Its Latest Production Unit – $AAPL $INVO $DIA

As per reports, Apple Inc's (AAPL) suppliers are in talks to produce the Apple Watch and MacBook in Vietnam for the first time. Apple's Chinese suppliers Luxshare Precision Industry and iPhone assembler Foxconn have started test production of the Apple Watch and MacBook in Northern Vietnam. The iPho...

MacBook Assembler Quanta Computer Profits Drop Amid Shanghai Unit Disruptions – $AAPL $DIA $SPY

Reportedly, Apple Inc. (AAPL) MacBook assembler Quanta Computer Inc. reported declining profits amid Covid disruptions at its Shanghai campus. Net income stood at NT$3.96 billion ($132 million), down by 50%. Sales stood at NT$270.5 billion, versus the average analyst estimate of NT$258.4 billi...

Boeing Recently Delivered Its First 787 Dreamliner Since 2021 – $BA $DIA

Reportedly, Boeing (BA) recently made the first delivery of its 787 Dreamliner, since May 2021, to American Airlines marking a milestone for the planemaker. The Federal Aviation Administration (FAA) had cleared the way for the delivery of the first plane after Boeing halted deliveries in May 2021 af...

Could Musk’s Recent Sale Of $6.9B Tesla Shares Be A Sign Of A Potential Twitter Deal? – $TSLA $TWTR $SPY $QQQ

Reportedly, Tesla (TSLA) CEO, Elon Musk recently sold $6.9 billion worth of his Tesla shares. Some analysts and investors are suggesting that this recent move might be implying that these funds could be used to finance the outstanding and highly publicized Twitter (TWTR)  deal if the EV giant loses...

Global Tech Leader Cisco Approves Quarterly Cash Dividend Payable October 26- $CSCO $INVO $DIA

Reportedly, the board of Cisco Systems, Inc. (CSCO) announced a quarterly cash dividend of $.38 per common share, payable on October 26, 2022, to all stockholders as of October 5, 2022. Cisco Systems, Inc. (CSCO) is a global technology leader that designs, manufactures, and sells Internet Protoco...

Apple Mandates Employees To Return To Office Starting On Sep 5th – $AAPL $DIA

Reportedly, Apple Inc. (AAPL) announced its corporate employees to return to the office at least three days a week starting September 5. As per the new plan, employees are required to work from the office on Tuesdays, Thursdays, and a regular third day that will be determined by individual teams. T...

Intel Announces New Member To Its Board Of Directors – $INTC $DIA

As per reports, Intel Corporation (INTC) recently announced that 62-year-old Lip Bu Tan, executive chairman of Cadence Design Systems Inc., chairman of Walden International, and founding managing partner of Celesta Capital and Walden Catalyst Ventures, will join Intel’s board of directors, effecti...

Salesforce To Host Second-Quarter Conference Call On Aug 24 – $CRM $DIA $ATOS

Reportedly, Salesforce  (CRM) is to release its second quarter fiscal year 2023 results on Wednesday, Aug. 24, 2022, after the close of the market, followed by a conference call at 2:00 p.m. (PT) / 5:00 p.m. (ET) to discuss its financial results with the investment community. Interested parties ca...

Cisco’s Q4 Earnings Release Scheduled for Aug. 17th – $CSCO $DIA

Reportedly, Cisco Systems, Inc. (CSCO) has scheduled a conference call for Wednesday, August 17, 2022, at 1:30 PM (PT); 4:30 PM (ET) to announce its fourth quarter and fiscal year 2022 financial results for the period ending Saturday, July 30, 2022. Web & Call Details: Dial-In: 888-848-650...

Salesforce Announces Date For The Release Of Q2/2023 Earnings – $CRM $DIA

Reportedly, Salesforce (CRM) announced to release its second quarter fiscal year 2023 results on Wednesday, Aug. 24, 2022, after the close of the market, followed by a conference call at 2:00 p.m. (PT) / 5:00 p.m. (ET) to discuss its financial results with the investment community. Interested parti...

Highlights From Microsoft’s Fiscal Quarterly Earnings – $MSFT $DIA

Reportedly, Microsoft (MSFT) missed analyst expectations for its fiscal fourth quarter, blaming unfavorable foreign exchange rates and weak PC sales.  Highlights for the Quarter Ended June 30: Microsoft earned $2.23 a share on sales of $51.9 billion in the quarter ended June 30. The analyst es...

Intel’s Q2 Earnings Disappoint Resulting In Lower Outlook – $INTC $DIA

Recently, Chipmaker Intel Corporation (INTC) missed the Street's Q2 estimates and cut its outlook for the full year. The company earned an adjusted 29 cents a share on sales of $15.3 billion in the June quarter, analysts expected earnings of 69 cents a share on sales of $17.94 billion. On a year-ove...

Apple Posts Quarterly Revs & Earnings Beat Despite Inflation Fears & Lockdowns – $AAPL $DIA

Reportedly, Apple (AAPL) beat its Q3 earnings estimates reporting revenue of $83 billion despite fears of rising inflation. The iPhone maker is contending with a number of problems including rising inflation hitting consumers and COVID lockdowns in China hitting sales and production in the country....

Intel To Produce MediaTek Designed Chips Expanding Its Foundry Business – $INTC $DIA $AMZN $QCOM

As per reports, Intel Corporation (INTC) is set to produce chips for Taiwan’s MediaTek Inc, one of the world's largest chip design firms. The manufacturing arrangement is one of Intel's most significant deals since it launched its so-called foundry business early last year. A foundry business buil...

Boeing Invests In AEI HorizonX’s Second Venture Fund Targeting Aerospace Tech Startups- $BA $DIA

Reportedly, Boeing Co (BA) is set to invest $50M in AEI HorizonX, expanding a partnership established with private equity firm AE Industrial Partners to invest in aerospace technology startups. The new funding will anchor AEI HorizonX's second venture fund (Fund II), which plans to raise $250 millio...

IBM Q2 Earnings Beat Estimates – $IBM $DIA

As per reports, International Business Machines Corporation's (IBM) second-quarter results exceeded expectations reporting adjusted earnings of $2.31 a share on revenue of $15.5 billion, beating analysts' estimates of $2.27 on revenue of $15.1 billion. Revenue jumped 9% from the year-ago quarter and...

IBM’s Red Hat Names Matt Hicks As Its New CEO – $IBM $DIA

Reportedly, International Business Machines Corporations' (IBM) subsidiary software company, Red Hat has named Matt Hicks, head of products and technologies, as its new leader, solidifying a bet that hybrid-cloud offerings will boost the company’s growth. Hicks takes over as the software unit’s ...

Verizon Enters $400M Modernization Global Data Bandwidth Contract With FBI – $VZ $DIA

Reportedly, Verizon's (VZ) Public Sector team has signed up for Enterprise Infrastructure Solutions task order with the Federal Bureau of Investigation (FBI) for over $400 million to help the agency meet increasing demands for data bandwidth around the globe successfully.  Verizon’s EIS task ord...

Intel Announces Common Stock Dividend Date – $INTC $DIA

Reportedly, the board of Intel Corporation (INTC) announced a quarterly dividend of $.365 per share payable on September 1, 2022. The dividend is payable to all common stockholders as of August 7, 2022.   Intel Corporation (INTC) seeks to expand the boundaries of technology to provide the m...

Delta Air Lines Orders 100 Boeing 737 MAX 10 Planes (~$13.5B)- $BA $DAL $DIA

Reportedly, Delta Air Lines is to buy 100 Boeing (BA) 737 MAX 10 jets worth about $13.5 billion at list prices with options to buy another 30. The U.S. carrier Delta, which made the announcement at the Farnborough Airshow, informed us it would start taking MAX 10 deliveries in 2025. Delta previously...

Netflix To Include Ads Powered By Microsoft Technology – $MSFT $NFLX $QQQ $DIA

Reportedly, Netflix (NFLX) is working with Microsoft (MSFT) to deliver its upcoming ads, in a new subscription offering that marks a major change for Netflix. Recently, Netflix had been rumored to be adding commercials into its streaming service, and allowing people to pay less if they are subjected...

Intel To Release Q2 Earnings On July 28 – $INTC $DIA

As per reports, Intel Corporation (INTC) is set to announce its second-quarter 2022 financial results on Thursday, July 28, 2022, soon after the market closes, followed by an earnings conference call at 2 p.m. PDT to discuss the results. A live public webcast of the earnings conference call can be a...

Japan’s ANA Orders 20 Boeing 737 MAX Jets – $BA $DIA

Reportedly, Japanese airline ANA Holdings Inc. has finalized an order for 20 Boeing (BA) 737 MAX jets first announced in January 2019, which also includes the option for another 10 of the narrowbody type. The carrier informed it would switch two of the 20 777-9 passenger planes it has on order to th...

Tech Giant Microsoft To Cut Jobs Amid Realignment Of Business Groups & Roles – $MSFT $DIA

Reportedly, Microsoft (MSFT) has cut some jobs as it realigned business groups and roles after the close of its fiscal year on June 30. The technology giant plans to keep hiring for other roles and finish the current fiscal year with an increased headcount. The layoffs, affecting less than 1% of th...

Honeywell Ventures Joins Select Group Investing In Electric Hydrogen – $HON $DIA

Reportedly, Honeywell  (HON) announced that its venture arm that invests in early-stage, high-growth companies, Honeywell Ventures has contributed to Electric Hydrogen's Series B round financing. Honeywell joins a select group of investors and banks to bring the total funding for the round to $198M...

Is Boeing Going To Cancel 737 MAX 10 Aviation Week Amid Regulatory Issues? – $BA $DIA

Reportedly, Boeing's (BA) Chief Executive Dave Calhoun informed that the planemaker could be forced to cancel the 737 Max 10 over potential regulatory issues. The aerospace giant has a December deadline to win approval for the 737 MAX 10 (the largest member of its best-selling single-aisle airplane ...

Social Media Giant Twitter Suing Elon Musk Over Withdrawal Of $44B Acquisition – $TWTR $TSLA $SPY

As per reports, Twitter Inc. (TWTR) has hired U.S. law firm Wachtell, Lipton, Rosen & Katz LLP to sue Tesla (TSLA) CEO Elon Musk for not completing the $44 billion acquisition of the social media giant. Elon Musk, the CEO of Tesla, terminated the deal saying that Twitter had failed to provide in...

Is Apple’s App Store Revenue Witnessing A Declining Trend? – $AAPL $DIA

Reportedly, Apple's (AAPL) revenue from the App Store dropped down in June, potentially setting the company up for a slight shortfall in overall services revenue for the quarter. Morgan Stanley analyst Katy Huberty, informed as per the data from the app-store tracking service Sensor Tower, the net ...

Samsung Buys OLED Display Co. Cynora – $AAPL $DIA

Reportedly, Samsung Display Co. has purchased display startup Cynora GmbH for about $300 million. Samsung acquired Cynora’s intellectual property and technology but not its engineers. Already an investor in Cynora, Samsung with LG Electronics Inc. and other display manufacturers also backed the st...

Tesla Reports Q2 Deliveries Representing Sales Growth of 26.5% Year-Over-Year – $TSLA $SPY

Reportedly, Tesla (TSLA) posted total deliveries of 254,695 for Q2/2022, which was lower than analysts' expectations of 256,520 vehicles. The company pointed to the Q2 results which were marked by Covid restrictions, supply chain snarls, semiconductor chips, and other parts shortages. Total producti...

Are iPhones In Japan Getting Costlier? – $AAPL $DIA

As per reports, Apple Inc. (AAPL) has hiked prices by nearly a fifth the cost of its flagship iPhone phone in Japan, which is struggling with a weakening yen currency and rising inflation. The entry-level iPhone 13 now costs ~117,800 yen (~$870) compared to 99,800 yen previously, as per Apple's webs...

Boeing Collaborates With Aireon Space-Based ADS-B Data Services – $BA $DIA

Reportedly, Boeing (BA) has signed a deal with Aireon, the world's leading provider of space-based automatic dependent surveillance-broadcast (ADS-B) services, to deliver its flight data stream to the aerospace giant. Boeing will use the stream to expand its advanced data analytics capabilities and ...

Verizon Frontline To Add A Member To Its First Responder Advisory Council – $VZ $DIA

As per reports, Verizon (VZ) Frontline announced to formally introduce the newest member of the Verizon First Responder Advisory Council (VFRAC), Sheriff Susan Benton (Ret.) at next week’s 2022 National Sheriffs’ Association annual conference joining the council as its 14th member.  Sheriff Sus...

Verizon To Webcast Q2 Earnings On July 22 – $VZ $DIA

Reportedly, Verizon Communications, Inc. (VZ) is to release second-quarter 2022 earnings on Friday, July 22. The webcast of the results will begin at 8:30 a.m. ET. Access instructions and presentation materials, including Verizon’s earnings news release and financial tables, will be available at 7...

Apple Unveils New Features Of Its iPhone Software & Mac Computer Processor – $AAPL $DIA

As per reports, Apple (AAPL) recently unveiled new features of its next smartphone operating system that will power the upcoming iPhone 14 and older compatible handsets. It also showed off a second-generation Mac processor for two new laptops. The announcement was made during a keynote presentation ...

IBM Lays Off Employees In Russia – $IBM $DIA

Reportedly, International Business Machines Corporation (IBM) is laying off employees and winding down its business in Russia. After Russia's Ukraine invasion in February, IBM joined hundreds of other companies in suspending business in the country, while many others announced a complete exit from R...

Intel Appoints April Miller Boise To Lead Intel’s Global Legal, Trade & Government Affairs – $INTC $DIA

As per reports, April Miller Boise has been appointed executive VP and chief legal officer to lead Intel Corporation (INTC) global legal, trade, and government affairs team, starting July 6. Miller Boise succeeds Steven Rodgers, who retired this year after more than 20 years of association with Inte...

P&G To Use Microsoft’s Azure To Build The Future of Digital Manufacturing – $MSFT $PG $DIA

As per reports, Procter & Gamble Company (PG) announced a partnership with Microsoft to build the future of digital manufacturing. P&G has signed a multi-year deal with Microsoft to use its Azure cloud computing platform to digitize and integrate data from more than 100 manufacturing sites a...

Microsoft Stops Sale Of AI Facial-Analysis Tools Over Bias & Inaccuracy Issues- $MSFT $DIA

As per reports, Microsoft Corp. (MSFT) announced that it is stopping the selling of their artificial intelligence-based facial-analysis software tools that infer a subject’s emotional state, gender, age, mood, and other personal attributes after the algorithms were shown to exhibit problematic bia...

Microsoft’ Wants You To Use Their Newer Edge Browser – $MSFT $DIA

As per reports, Microsoft (MSFT) has finally discontinued its Internet Explorer, as the company announced its users to move on from the 27-year-old application and use its newer Edge browser instead.  Microsoft released the first version of Internet Explorer in 1995 when web surfing was dominated ...

Tight Labor Market Causing Delivery Delay To Boeing’s New Air Force One – $BA $DIA

Reportedly, the next-generation presidential aircraft being built by Boeing may face further delays due to a tight labor market for mechanics and lower-than-expected security clearance rates. Also, the need for Boeing to switch to an alternative supplier for some interior work may pose a major sched...

Microsoft Acquires NY-Based Miburo, A Cyber Threat Analysis Startup – $MSFT $DIA

Reportedly, Microsoft (MSFT) has announced acquiring a cyber threat analysis startup specializing in detecting foreign-information attacks. Miburo, a New York-based company started by a former FBI agent, will help the Redmond-based software maker "expand its threat detection and analysis capabilitie...

David L. Gitlin Joins Boeing’s Board Of Directors – $BA $DIA

Reportedly, the Board of Boeing (BA) announced the election of David L. Gitlin, 53 as its newest member. Gitlin will join the Aerospace Safety Committee and the Finance Committee. Currently, Giltin serves as chairman and CEO of Carrier and brings to the Board more than 20 years of aerospace indust...

Home Depot To Use Adobe’s Personalized Marketing Tool – $HD $DIA

Reportedly, Home Depot (HD) has signed on to use digital media and marketing software firm Adobe's latest personalized marketing tool. Home Depot to use Adobe's Real-Time Customer Data Platform, which is part of the Adobe Experience Platform. The Real-Time Customer Data Platform will allow retailers...

Samsung’ 2022 Smart TV Users Can Now Enjoy Xbox Games Sans Console – $MSFT $DIA

Reportedly, Microsoft Corp (MSFT) will include several Xbox games in Samsung's 2022 smart TVs from June 30 in a crucial step towards attracting gamers without the console. Subscribers to Xbox's cloud-gaming service can play more than 100 titles on the TVs, which will be able to pair with Bluetooth-e...

Microsoft Lowered Sales & Revenue Forecast As Dollar Surged – $MSFT $DIA

As per reports, Microsoft (MSFT) has cut its fourth-quarter forecast for profit and revenue citing a hit from a stronger dollar. Microsoft, which earns half its revenue from outside the United States, has lowered its revenue forecast for all three segments, including Windows products, personal compu...

China Lockdowns Apparently Do Not Hurt Operations As Much As Had Expected, Says Foxconn – $AAPL $DIA

Reportedly, Foxconn, a major assembler of Apple's (AAPL) iPhones, informed that the impact of China’s Covid lockdowns on its operations is not as worse as expected. In late March, China ordered a series of lockdowns in some of its major cities after witnessing a surge in coronavirus cases. Followi...

Apple’s Maryland Retail Store Employees Vote For Unionization- $AAPL $DIA

Reportedly, Apple (AAPL) workers in Maryland have voted in favor to join a union, becoming the first retail employees of the iPhone maker to unionize in the United States. More than 100 workers in Towson near Baltimore "have overwhelmingly voted to join the International Association of Machinists a...

Reportedly Tesla Informed Of Cut Of Salaried Workers Aims To Rely More On Hourly Workers – $TSLA

Reportedly, Elon Musk,  Tesla (TSLA) CEO informed that the EV's giant overall headcount will rise over the next 12 months, but the count of salaried staff will remain flat, as it has become overstaffed in many areas, but the hourly headcount will increase. According to a Tesla U.S. regulatory fili...

Norwegian Air Enters Deal With Boeing Resolving Dispute – $BA $DIA

Reportedly, Norwegian Air has entered a deal to buy 50 Boeing (BA) 737 MAX 8 aircraft, additionally securing options for a further 30 of the planes at an undisclosed price, ending a contract dispute between the two firms. The airline informed, that the deal includes compensation to Norwegian as sett...

Salesforce Raises Profit Forecast Foresees Strong Demand – $CRM $DIA

Reportedly, On May 31, Salesforce (CRM) released their Q1 earnings ending April 30, raising its full-year adjusted profit forecast. The company informed that there is a strong demand for its software from companies looking to improve efficiencies and incorporate modern-day workflows, including hybri...

Cisco Lowers Outlook Pointing To China Lockdowns & Ukraine Crisis – $CSCO $DIA

Reportedly, Cisco Systems, Inc. (CSCO) lowered its full-year earnings forecast after COVID lockdowns in China and the war in Ukraine pulled sales below estimates in the third quarter. The company now expects revenue growth of 2% to 3% in fiscal 2022, lower than the earlier forecast of 5.5% to 6.5%. ...

Microsoft Moves To Revise Cloud Service Terms Amid EU’s Complaints – $MSFT $DIA

As per reports, Microsoft (MSFT)  is set to revise its licensing terms and allow cloud service providers to better compete in response to complaints, informed its president Brad Smith. The technology giant had been fined 1.6 billion euros ($1.7 billion) by EU antitrust regulators. "It really start...

Airbus Taps Honeywell For Its Flight Management System – $HON $DIA

Reportedly, Honeywell's (HON) Flight Management System (FMS) has been selected by Airbus to meet the air traffic management needs of the future A320, A330, and A350 aircraft. The new FMS will allow airline customers to experience best-in-class operational efficiency, reliability, and safety.  It al...

Self-driving British Startup Wayve Implementing Microsoft’s Supercomputer Infrastructure – $MSFT $DIA

Reportedly, British startup Wayve is to implement a supercomputer infrastructure designed by Microsoft (MSFT) to process vast amounts of data, as it is developing machine learning-based models for self-driving cars. Wayve's technology is built on machine learning instead of the conventional method t...

Whoa!..Did Intel Shareholders Just Cast A Vote Against Executive Compensation For Top Executives – $INTC $DIA

Reportedly, Intel Corporation (INTC) shareholders rejected compensation packages for top executives, including a payout of as much as $178.6 million to Chief Executive Officer Pat Gelsinger. About 1.78 billion votes were cast against executive compensation at the annual meeting and 921.2 million vot...

Musk Puts $44B Twitter Acquisition ‘temporarily on hold’ Over Fake Accounts

Reportedly, Tesla's (TSLA) CEO Elon Musk's $44 billion acquisition of Twitter Inc. (TWTR) is “temporarily on hold”, tweeted the CEO until more information about the proportion of fake accounts is received, sending the social media giant into a tailspin. Fighting the fake accounts has been a keys...

Mimi Poon Succeeds Charles Kiang As IBM’s New General Manager Hong Kong – $IBM $DIA

Reportedly, International Business Machines Corporation (IBM) Director, Software Group, Hong Kong Mimi Poon is now set to lead as General Manager, IBM Hong Kong effective immediately. In her new role, Mimi will oversee IBM's business operations and strategic development in Hong Kong and Macau. Mi...

Dubai’s Emirates Airlines Concerned About Delayed Boeing’s 787 Deliveries – $BA $DIA

The Dubai-based carrier, Emirates airline announced that it may face further delayed deliveries of Boeing's (BA) 787 Dreamliners by atleast a year until 2024 and that it could be even longer due to Boeing’s continued delivery suspension over structural flaws. Three years ago, Emirates ordered 30 7...

Is Intel’s New AI Chip A Threat To Nvidia Corp’s Dominant AI Chip Market? – $INTC $NVDA $DIA

Reportedly, Intel Corporation (INTC) has launched a new chip called Gaudi2 focused on artificial intelligence computing, as the chip manufacturer strengthens its push into the AI chip market currently dominated by Nvidia Corp. Gaudi2 marks the second-generation processor by Habana Labs, an Israeli A...

Global CRM Leader Salesforce Schedules Q1 Release For May 31 – $CRM $DIA

As per reports, Salesforce (CRM) announced the release of its Q1 fiscal year 2023 will be on Tuesday, May 31, 2022 after the market closes. The company will host a conference call to discuss and review the results at 5:00 p.m. (ET) / 2:00 p.m. (PT) with the investment community. Live Webcast & R...

Intel Appoints Former $AMD Executive Matt Poirier As Senior VP Of Corporate Development – $INTC $DIA

Reportedly, Intel Corporation (INTC) announced the appointment of Matt Poirier as senior VP of corporate development, effective May 30, 2022. Poirier will join the company’s executive leadership team and report to CEO Pat Gelsinger. He has more than 20 years of leadership, finance, and corporate d...

Boeing Relocating Headquarters From Chicago To Washington, D.C. – $BA $DIA

Reportedly, aerospace giant Boeing (BA) announced its moving its headquarters to the Washington, D.C. area from Chicago, moving closer to federal lawmakers and rival defense contractors. Boeing informed that it will shift its base to Arlington, Virginia, joining fellow military contractors Northrop ...

Tech Giants Apple, Google & Microsoft Agree To Introduce ‘New Common Passwordless’ Sign-Ins – $AAPL $GOOG $MSFT $DIA

As per reports, technology giants Apple (AAPL), Google, and Microsoft (MSFT) have agreed to support a new type of online sign-in which could replace passwords and is designed to make the web more “secure and usable for all”. The technology giants have agreed to support a new common passwordless ...

Cisco Announces Earnings Release Date For Q3 Fiscal 2022 Results – $CSCO $DIA

As per reports, Cisco Systems, Inc. is to host a conference call for its third-quarter fiscal year 2022 results on Wednesday, May 18, 2022, at 1:30 PM (PT); 4:30 PM (ET). A live and replay audio of the event can be reached at the company's website. To Listen via Telephone: 888-848-6507 212-519-08...

Cisco Announces Predictive Enterprise Network Technology – $CSCO $DIA

As per reports, Cisco Systems, Inc. (CSCO) is launching a technology that can help predict issues on enterprise networks before they happen to assist in preventing problems and improving customer experience. The predictive software engine will gather data from various sources within a company's netw...

Honeywell Raises Full-Year Forecast As Aviation Sector Revives – $HON $DIA

As per reports, the multinational conglomerate Honeywell (HON) raised its full-year profit forecast as the aviation market has been revived & is boosting demand for the company's software, parts, and aftermarket services. Quarterly results were also boosted by higher sales in the unit that makes...

Intel Reports Q2 Beats, Reaffirms Full year Guidance – $INTC $DIA

Intel Corporation's (INTC) first-quarter release reported adjusted earnings of 87 cents a share on sales of $18.35 billion, beating estimates of 78 cents a share on sales of $18.33 billion for the March-ended quarter. On a year-over-year basis, Intel earnings declined 35% while sales dropped 1%. Int...

Microsoft’s Cloud Strength Boosts Q3 Earnings Beat – $MSFT $DIA

Microsoft (MSFT) recently exceeded its fiscal Q3 earnings riding high on the cloud computing business. The technology reported adjusted earnings of $2.22 a share on sales of $49.4 billion in the quarter ended March 31, exceeding estimates of $2.19 a share on sales of $49 billion. For the current qua...

Apple’s Launching “Expanded Protections For Children” In UK – $AAPL $DIA

As per reports, Apple (AAPL) is introducing its controversial protections for children on iPhones in the UK, referred to by the company as “expanded protections for children” and lives within the Messages app on iOS, iPadOS, WatchOS, and macOS. Already launched in the US, the feature will now be...

Boeing Surprises To The Downside – $BA $DIA

Boeing (BA) reported came in below expectations with greater than expects losses and decline in the Q1 revs amid higher costs while at the same time they delayed its newest passenger jet. Boeing widened its loss to $2.75 a share while revenue dropped 8% to $13.99 billion. In Q1, Boeing disclosed th...

IBM Approves Quarterly Dividend Increase For 27th Consecutive Year – $IBM $DIA

Reportedly, the board of (IBM) announced an increase in the regular quarterly cash dividend to $1.65 per common share, marking it the 27th year in a row that the company has increased its quarterly cash dividend. The dividend is payable on June 10, 2022, to stockholders as of May 10, 2022. This is t...

IBM Releases Q1 Earnings Finding Growth In The Cloud – $IBM $DIA

International Business Machines Corporation (IBM) released first-quarter earnings, reporting a revenue increase of 8% to $14.20 billion in the first quarter, beating estimates of $13.85 billion. Adjusted profit of $1.40 per share also topped expectations of $1.38. IBM expects to hit the top end of i...

Apple, Dell & Other Laptop Makers May Face Shipment Delays Amid China Lockdown – $AAPL $DELL $DIA

Reportedly, shipments of some Apple (AAPL) products, as well as Dell and Lenovo laptops are likely to face delays if China's COVID-19 lockdowns persist, analysts predict. China's attempt to stop the spread of COVID-19 has jammed highways and ports, stranded workers, and left countless factories awai...

Boeing Reports Q1 2022 Deliveries – $BA $DIA

Boeing (BA) reported major program deliveries across its commercial and defense operations for the first quarter of 2022. Major Programs  - Commercial Airplanes Programs - 1st Quarter 2022 737 86 747 1 767 5 777 3 787 - Total 95   Defense, Space ...

Intel Announces Quarterly Dividend Payable June 1, 2022 – $INTC $DIA

Reportedly, the board of Intel Corporation (INTC) announced a quarterly dividend of $.365/share on common stock ($1.46 per share on an annual basis). The dividend will be payable on June 1, 2022, to stockholders of record on May 7, 2022.   Intel Corporation (INTC) seeks to expand the bounda...

China Resumes Flights Using Boeing 737-800 Jetliners After March Crash – $BA $DIA

As per reports, China Eastern Airlines has restarted using Boeing's (BA) 737-800 jetliners for commercial flights less than a month after a crash that killed 132 people on board, and grounded over 200 of its aircraft. China Eastern flight MU5843, operated by a three-year-old Boeing 737-800 aircraft,...

Cisco, Nvidia, Salesforce Top Fortune Magazine’s Best Place To Work in US List! – $CRM $CSCO $NVDA $DIA

Reportedly, Cisco Systems, Inc. (CSCOI has been ranked by Fortune Magazine as one of the best companies to work for in the U.S. Fortune praised the commitment of Cisco to the well-being of its nearly 39,000 workers worldwide as they return to work. Cisco topped last year's ranking, too, and has app...

Tesla Recalls A Number Of Model 3s In China Related To Semiconductor Components- $TSLA

As per reports, EV giant Tesla (TSLA) announced it is recalling 127,785 units of Model 3 cars in China, after potential faults in semiconductor components that might lead to collisions were discovered. According to the website of the State Administration for Market Regulation, the company will recal...

United Airlines Reportedly Confirms Delay of Boeing’s 777s With Pratt & Whitney Engines – $BA $UAL $DIA

Reportedly, United Airlines confirmed the delay in the return of some grounded Boeing (BA) 777 planes with Pratt & Whitney 4000 engines until at least May 12. An engine on a United Airlines 777 jet failed shortly after takeoff from Denver in February 2021, dropping debris over nearby cities but ...

Is Tesla Going to Begin Lithium Mining Amid High Demand & Price Surges? – $TSLA

Tesla's (TSLA) CEO Elon Musk is reportedly planning to or contemplating to begin mining for lithium as the price of the battery metal skyrockets. Lithium is an important component in electric vehicle batteries and so automakers are rushing for supplies, as a surge in demand is witnessed amid a globa...

Strategic Partnership With Microsoft Seeks To Accelerate Boeing’s Digital Transformation – $MSFT $BA $DIA

As per reports, Boeing (BA) and Microsoft Corp. (MSFT) announced that they are deepening their strategic partnership to accelerate Boeing's digital transformation.  Through the expanded collaboration, Boeing will leverage the Microsoft Cloud and its AI capabilities to update its technology infrastr...

Bose Working With Salesforce To Deliver Personalized Experiences & Service – $CRM $DIA

As per reports, a leader in premium audio products Bose is scheduled to deploy Salesforce's (CRM) Customer 360 expanding its robust direct-to-consumer business, offering personalized and tailored experiences delighting customers and building trust. Bose is set to specifically deploy Marketing Cloud...

Tesla Promises Futuristic Robotaxi At Its Texas Factory Opening – $TSLA

Electric carmaker Tesla (TSLA) CEO Elon Musk promises a "dedicated" self-driving taxi that will "look futuristic," without giving a timeframe. The announcement came at the opening of Tesla's $1.1 billion valued factory in Texas, which is home to its new headquarters. "Massive scale. Full self-drivi...

Boeing’s Senior Executives To Discuss Company’s Outlook On April 22 – $BA $DIA

Reportedly, Aerospace giant Boeing (BA) is to release its first-quarter, 2022 results at 10:30 AM EDT, on Wednesday, April 27. The results will be discussed and reviewed by David Calhoun (President and Chief Executive Officer) and Brian West (Executive VP and CFO). The webcast can be reached at ht...

iPhone Users May Soon Be Able To Pay Monthly For Their Devices – $AAPL $DIA

Reportedly, Apple (AAPL) could offer the iPhone in a new subscription plan that allows people to pay monthly for their devices. The deal will allow people to subscribe to a hardware service that would mean they would get hold of an iPhone or iPad. Recently, the iPhone maker has launched a range of m...

Boeing Announces Leanne Caret To Retire – $BA $DIA

Reportedly, Boeing's (BA) head of defense division, Leanne Caret, 55 is set to retire after nearly 35 years of association with the aviation company and will be succeeded by Ted Colbert effective April 1. Caret supervised the development of the successful MQ-25 drone program and the U.S. Air Force's...

Is Apple Feelin’ The Heat Now That Google Allows Alternative Payment Systems On Play Store? – $AAPL $GOOG $DIA

Reportedly, Google's (GOOG) shift to allow alternative payment systems on its Google Play store is expected to put pressure on Apple (AAPL) to adopt a similar change to its App Store. Recently, Google launched an alternative billing system in South Korea in response to a new law there and is now exp...

Apple Investing In First Large Batch Of Carbon-Free Aluminum For ‘Low-Cost’ iPhone SE – $AAPL $DIA

As per reports, Apple (AAPL) is set to purchase its first industrial-size batch of carbon-free aluminum to use in its 'low-cost' iPhone SE, as it steps up efforts to reduce the carbon footprint from the metal it uses heavily in product casings. The company has been taking steps to reduce its use of ...

Apple Buys London’s Startup Credit Kudos – $AAPL $DIA

Reportedly, Apple Inc. (AAPL) has acquired London-based credit scoring startup Credit Kudos Ltd., strengthening its push into payments technology. Credit Kudos allows businesses to assess loan applicants by analyzing banking data, such as user transactions and offers a service for potential borrower...

Apple Settles Patent Dispute With Canadian Patent-Licensing Company WiLAN – $AAPL $DIA

Reportedly, Canadian patent-licensing company WiLAN Inc. has entered in to a new license agreement with Apple (AAPL) related to wireless technology, resolving a patent fight between the companies just weeks after Apple won an appeal of an $85 million court win for WiLAN. Quarterhill Inc., WiLAN’s ...

Tesla Is Witnessnessing Exponential Growth As Gas Gets Costlier – $TSLA

Reportedly, as gas prices are surging higher and faster than before, EV giant Tesla (TSLA) is believed to be experiencing an in concert surge in sales. Three Tesla models topped the list of BEV sales in the US in January, with Model Y registrations at 18,549 (36.8% of all BEVs) and Model 3 at 13,604...

Apple Announces Spring Product Launch Event For March 8- $AAPL $DIA

As per reports, Apple Inc. (AAPL) announced its annual spring product launch event on March 8, with an idea to launch a low-cost version of its popular iPhone with 5G, a high-end Mac Mini, and a new version of the iPad Air. The new launch would be the first update to the iPhone SE model in two years...

Maggie Hallbach Appointed To Lead Public Sector Business At Verizon – $VZ $DIA

As per reports, Verizon Business (VZ) announced the appointment of Maggie Hallbach to the role of senior vice president for Verizon Public Sector, leading the team that serves the company’s federal, state, local, education, and Verizon Frontline public safety customers. Hallbach's 25 years at Veri...

Salesforce Beats Q4 Revenue Estimates, Raises Outlook For April Quarter – $CRM $DIA

The enterprise software maker, Salesforce released Q4 earnings, reporting a revenue increase of 26% to $7.33 billion, including $312 million from Slack. A year earlier, Salesforce earnings were $1.04 a share, including investment gains, on sales of $5.82 billion. Salesforce earnings dropped 19% to 8...

Verizon Gets Its First U.S. Private 5G Client – $VZ $DIA

As per reports, Verizon Communications, Inc. (VZ) to build a private 5G network for BlackRock Inc. at its new Hudson Yards headquarters, marking the beginning of what the telecom giant expects to be a major business opportunity. New 5G wireless technology can replace Wi-Fi and will enhance BlackRoc...

Magdeburg In Germany Identified For Intel’s Prospective Multibillion-Euro European Chip Factory

As per reports, Intel Corporation (INTC) has chosen the east German city of Magdeburg as the site for a new multibillion-euro European chip factory and is expected to make the decision public on March 4. The small city of Magdeburg is the capital of Saxony-Anhalt state and has space for a new plant ...

Boeing May Face Another Blow Over If 777X Jets Delivery is Delayed- $BA $DIA

Reportedly, Emirates may cancel an order for Boeing (BA) 777X passenger jets if the model's delivery slips beyond the end of 2023. Dubai's Emirates is the largest customer for the upgraded version of Boeing's 777 mini-jumbo. The upgrade is under additional scrutiny and certification delays in the wa...

Two Senior Executives From “Call of Duty” Maker Activision Blizzard To Step Down Ahead Of Microsoft Deal – $ATVI $MSFT $DIA

Reportedly, two senior executives of Video game maker Activision Blizzard Inc's (ATVI) mobile gaming unit are leaving the company before its deal with Microsoft (MSFT). In January, Microsoft announced that it was buying the "Call of Duty" maker for $68.7 billion marking the biggest deal in the histo...

Ukraine’s Vice PM Mykhailo Fedorov Seeks Cooperation From Apple Regarding Business In Russia – $AAPL $DIA

As per reports, Mykhailo Fedorov, serving as Ukraine’s vice prime minister and overseeing digital operations is seeking cooperation from iPhone maker Apple Inc. (AAPL) employing them to halt product sales in Russia and shut down its App Store in the country. Making the request in a letter to Appl...

Could 5G Deployment Be A Potential Threat To Radio Altimeters On Most Boeing 737s?- $BA $DIA

Reportedly, U.S. regulators are warning that 5G wireless operations could affect radio altimeters in most Boeing (BA) 737 aircraft and impact crew workload and airplane landings. The Federal Aviation Administration's directive affects Boeing's 737s, except its 200 and 200-c series, the Federal Regis...

Intel Pushes Back Planned Roll-Out Of Its Standalone Desktop Graphics Chips To Q2 – $INTC $DIA

As per reports, Intel Corporation (INTC) has pushed back the launch of standalone graphics chips for desktops to the second quarter, however, the ones for laptops will be rolled out in the first quarter as originally planned. Last year in August, the chip giant informed that the graphics chips for P...

Christoph Schell Succeeds Michelle Johnston As Intel’s New Executive VP & Chief Commercial Officer of SMG – $INTC $DIA

As per reports, Christoph Schell has been appointed executive vice president and chief commercial officer to lead the Sales, Marketing, and Communications Group (SMG), Intel Corporation (INTC) effective March 14. Schell will succeed Michelle Johnston Holthaus, who will continue in his new role as ge...

Cisco Records Q2 Earnings Beat, Adds Bullish Forecast & Boosts Share Buyback – $CSCO $DIA

Cisco Systems, Inc. (CSCO) recorded a Q2 earnings beat giving a bullish forecast for the current quarter and boosting its share buyback program. The company forecasts sales to increase 3% to 5% in the period ending in April, compared with an average analyst projection of 4% revenue growth, or $13.3 ...

Tech Giant Intel Acquiring Israeli Chipmaker Tower Semiconductor For $5.4B – $INTC $DIA $TSEM

Reportedly, Intel Corporation (INTC) has entered a deal to buy Israeli chipmaker Tower Semiconductor for $5.4B focusing on further expanding its manufacturing capacity and technology portfolio amid rising demand. The transaction is expected to close in about 12 months and has been unanimously appro...

Boeing Reports Lower Dreamliner Delivery Issues For January – $BA $DIA

As per reports, Boeing (BA) has delivered 32 aircraft in January the lowest in three months, as its sidelined 787 Dreamliner program continued to weigh on the planemaker's ability to capitalize on the recovery in air travel. Boeing handed over 27 737 MAX jets in January and three widebody aircraft, ...

IBM Working With Canadian Province Of Quebec To Boost Deployment Of Quantum Computing

Reportedly, International Business Machines Corporation (IBM) is partnering with the Canadian province of Quebec to boost quantum computing, which could help advance areas like battery development. Anthony Annunziata, IBM's director of accelerated discovery informed that IBM is deploying the quantum...

IBM Acquires Boston-Based Sentaca – A Leading Telco Consulting Services & Solutions Provider

As per reports, International Business Machines Corporation (IBM) has acquired Sentaca, a leading telco consulting services and solutions provider headquartered in Boston, Massachusetts. The acquisition will accelerate IBM’s hybrid cloud consulting business, adding critical skills to help communic...

Boeing Enters Agreement With EPIC Fuels For Sustainable Aviation Fuel In Washington & South Carolina – $BA $DIA

As per reports, Boeing (BA) has entered a supply agreement with EPIC Fuels for a million gallons (7.5 million liters) of blended sustainable aviation fuel (SAF) to power it's Commercial Airplanes operations in Washington state and South Carolina through 2022. The transaction marks the largest annou...

Cisco To Release Q2 Earnings On Feb 16 – $CSCO $DIA

Reportedly, Cisco Systems, Inc. (CSCO) to release the second-quarter fiscal year 2022 financial results for the period ending Saturday, January 29, 2022, on Wednesday, February 16, 2022, at 1:30 PM (PT) /4:30 PM (ET). Dial-In & Web details: 888-848-6507 & 212-519-0847 (for International Ca...

FAA To Propose Revised Pilot Training Ensuring Focus On Flightpath Management – $BA $DIA

Reportedly, the Federal Aviation Administration (FAA) is proposing training revisions to help pilots avoid overreliance on autopilot and to ensure focus on flightpath management. The regulatory body is issuing draft guidance and recommended practices, informing that it was important that even on aut...

Apple Appeals U.S Lawmakers To Say No To App Store Bill – $AAPL $DIA

Reportedly, Apple Inc. (AAPL) has urged U.S. lawmakers to not approve an app store bill, expected to be approved by a Senate panel this week. The bill would restrict Apple and Google from requiring app providers to use their payment system, and would further prohibit them from punishing apps that of...

Intel’s Q4 Earnings Exceed Estimates – $INTC $DIA

Intel Corporation (INTC) released Q4 earnings that ended December 26, exceeding market estimates. The chip giant reported adjusted revenue of $19.5 billion versus $18.31 billion expected and adjusted EPS of $1.09 versus $0.91 expected. Intel expects $18.3 billion in adjusted sales in the first quart...

Apple Wins Against Supply Odds Records Earnings Beat

Apple (AAPL) beats quarterly estimates, winning against a supply-chain crunch fueled by the pandemic and chip shortages. Sales climbed 11% to a record of $123.9 billion in the fiscal first quarter, beating analyst estimates of $119.1 billion on average. Earnings increased to $2.10 a share in the fir...

Apple Poises To Launch iPhone-Based Direct Payment Service For Small Businesses – $AAPL $DIA

As per reports, Apple (AAPL) is launching a new service that will allow small businesses to accept payments directly on their iPhones without extra hardware. To receive payments on iPhone, retailers currently use payment terminals on their iOS devices that are connected via Bluetooth, such as Block ...

Microsoft Reports Strong Q2 Earnings – Cloud Services Segment Soars – $MSFT $DIA

Microsoft (MSFT) reported fiscal Q2 earnings exceeding expectations with its cloud services revenue soaring 46%. Highlights from the release: Revenue stood at $51.7 billion versus $50.9 billion expected. Earnings per share of $2.48 were reported to exceed expectations at $2.31. Intelligent ...

Boeing Investing An Additional $450M In California-Based Wisk – A Flying Pilotless Taxi Developer

Reportedly, Boeing (BA) is investing another $450 million in Wisk Aero to support the development of future pilotless flying taxis. California-based Wisk is one of the dozens of electric vertical take-off and landing makers but differs in focusing its efforts on an autonomous flight. Wisk is owned b...

IBM Reports Double Digit Q4 Growth In Cloud & Consulting Businesses

Reportedly, International Business Machines Corporation (IBM) beat Wall Street estimates for revenue in the fourth quarter, as the technology giant focussed on the cloud after exiting the slow-growing managed infrastructure business. Excluding items, IBM earned $3.35 per share, beating estimates of ...

Intel Announces $20B Investment To Build Chip Plants In The Buckeye State – $INTC $DIA

Reportedly, Intel Corporation (INTC) announced that they will be investing of up to $100 billion to build the world's largest chip-making complex in Ohio, focussed to boost capacity amid a global shortage of semiconductors used in everything from smartphones to cars. The step is part of Chief Execu...

Intel Orders ASML’s Advanced Chipmaking Machine – $INTC $DIA

As per reports, Intel Corporation (INTC) has placed the first order with ASML for an advanced chipmaking machine that won't be delivered for years and is still on the drawing board. ASML's most advanced commercial machines are the size of a bus and cost around $150 million each, they are known as EU...

China Readies To Resume Flying Boeing’s 737 Max – $BA $DIA

As per reports, Boeing Co.’s (BA) 737 Max is expected to resume commercial flights in China starting this month. A recent operational readiness flight was conducted by Hainan Airlines on Jan. 9, showing positive signs of a return in the coming weeks. A nearly empty Max 8 belonging to Hainan Air to...

Microsoft Strengthens Its Server Designing Initiative Hires Former Apple Engineer Mike Filippo – $MSFT $AAPL $DIA

As per Bloomberg's report, Microsoft (MSFT) hired a key Apple Inc. engineer to design its own chips for its servers. The software giant hired chip industry veteran Mike Filippo, who was with Apple for over two years. The dependency of Cloud computing on Advanced Micro Devices Inc. and Intel to supp...

IBM Announces Successful Implementation Of Vehicle Management System For Mitsubishi Motors Philippines Corporation

Reportedly, International Business Machines Corporation (IBM) has successfully implemented a Vehicle Management System on SAP S/4HANA at Mitsubishi Motors Philippines Corporation (MMPC) preceded by the migration out of the AS/400 platform and as a part of the automobile manufacturer's digital transf...

Apple Agrees To Third-Party Payments In Dutch Dating Apps

Reportedly, Apple Inc. (AAPL) has agreed to comply with a Dutch ruling to allow third-party payment options for dating apps, this is the first time the company is allowing outside payments within App Store apps. The company informed that it will allow developers to implement their third-party paymen...

M&A Highlight: Microsoft To Acquire ‘Candy Crush’ & ‘Call of Duty’ Maker Activision Blizzard For $68.7B – $ATVI $MSFT $DIA

As per reports, Microsoft (MSFT) to buy Activision Blizzard (ATVI), the video game publisher of world renowned games 'Candy Crush’ & ‘Call of Duty', for $68.7 billion in cash. The deal will accelerate the growth of Microsoft's gaming business across mobile, PC, cloud, and console and provide...

Microsoft To Evaluate Its Sexual Harassment, Discrimination Policies In Response To Shareholders – $MSFT $DIA

As per reports, Microsoft Corp (MSFT) will review the effectiveness of its gender discrimination policies and sexual harassment practices in response to a shareholder proposal that was passed at its latest annual meeting.  The review will work to produce a transparency report with results of any se...

IBM Strengthens Environmental Commitment With Acquisition Of Australian Analytics Firm Envizi – $IBM $DIA

As per reports, International Business Machines Corporation (IBM) has acquired an Australian analytics provider, Envizi Pty Ltd, that specializes in the automation of the collection of emissions data. The acquisition will expand IBM's investments in artificial intelligence to help companies make the...

Intel Announces Former Micron Technology Executive David Zinsner As Executive VP & CFO – $INTC $MU

Reportedly, Intel Corporation (INTC) announced the appointment of David Zinsner as the company’s executive vice president and chief financial officer, effective Jan. 17, 2022. Zinsner will report to Gelsinger and lead Intel’s global finance organization, including finance, accounting and reporti...

JOIN US TODAY at Tribe Public’s FREE Webinar Jan.11 (11AM ET) Event “From Space to sea – Tesla of the Subsurface” – $CLAQ $AVAV $RIG $SLB

You are cordially invited to join Vista Partners' sister organization, Tribe Public, for a FREE Webinar Presentation and Q&A Event which will be held today, Thursday, January 11 (8:00 am PT/ 11:00 am ET). Tribe Public's (www.tribepublic.com) complimentary worldwide webinars are efficient 30-min...

Tesla Reports Sixth Consecutive Quarter Of Record Deliveries – $TSLA

Reportedly, Tesla (TSLA) recorded quarterly deliveries exceeding Wall Street estimates, marking the sixth consecutive quarter that the world's most valuable automaker posted record deliveries. The electric vehicle giant delivered 308,600 vehicles in the fourth quarter, above analysts' estimates of ...

AT&T, Verizon To Delay Scheduled 5G Deployment As U.S. Officials Raise Aviation Safety Concerns

Reportedly, the head of the Federal Aviation Administration (FAA) and the U.S. Transportation Secretary Pete Buttigieg had previously ordered Verizon Communications, Inc. (VZ) and AT&T Communications to delay the planned Jan. 5 introduction of the new 5G wireless service over aviation safety con...

Intel Completes First Closing In Sale Of Its NAND & SSD Business To Seoul Based SK Hynix

As per reports, Intel Corporation (INTC) has completed the first closing sale of its NAND and SSD business, selling its SSD business, including the transfer of certain NAND SSD-associated intellectual properties and employees, and the Dalian NAND memory manufacturing facility in China to SK Hynix, a...

Is Apple’s Unusual Stock Bonuses To Top Engineers A Step To Prevent Talent From Moving To Meta? -$AAPL $FB

Reportedly, Apple Inc. (AAPL) has issued significant and unusual stock bonuses to some top-performing engineers to retain talent and avoid defections to tech rivals such as Facebook owner Meta Platforms Inc (FB). The bonuses came as a huge surprise to those who received them, having ranged from abo...

Ethiopian Airlines Fleet To Return With Boeing 737 MAX Aircraft in 2022 – $BA $DIA

Reportedly, Ethiopian airlines have agreed to resume flying Boeing (BA) 737 MAX planes on its fleet in February 2022, after it was satisfied with their enhanced safety measures. In 2019, Ethiopian Airlines flight 302, a Boeing 737 MAX bound aircraft for Kenya, crashed from Ethiopia’s capital Addis...

Indonesia Lifts Ban, Clears Way For Boeing’s 737 MAX Aircraft

Reportedly, the transport ministry Indonesia has lifted the ban on the Boeing (BA) 737 MAX three years after the crash of one of the aircraft operated by domestic carrier Lion Air killing all 189 people on board. The approval for the aircraft's return in Indonesia comes months after it returned to s...

Dutch Antitrust Authority Orders Apple To Allow Dating Apps To Use Other Payment Systems – $AAPL $DIA

As per reports, Apple (AAPL) has been ordered by the Dutch antitrust authority to allow dating apps to use other payment systems Michael J Tattersfield is President/CEO at Krispy Kreme Inc or pay a fine of as much as 50 million euros / $56 million. In a press release, the Netherlands Authority for ...

Apple Shuts Down 12 NYC Stores As Omicron Cases Surge – $AAPL $DIA

As per reports, Apple (AAPL) has closed all of its 12 New York City stores to indoor shopping as cases of the Omicron Covid-19 variant increased across the United States. The affected stores include outlets at Fifth Avenue, Grand Central, and SoHo. Customers are eligible to pick up online orders at...

AT&T’s Xandr Ad Unit To Be Sold To Microsoft For $1B

Reportedly, AT&T Inc. (T) agreed to sell its Xandr division to Microsoft (MSFT) a long-anticipated divestiture. The transaction will offer customers on Microsoft’s properties, such as MSN, access to Xandr’s marketplace for automated online advertising. The deal is valued at about $1 billion,...

Verizon Teams With Google To Offer Smart Factories & Autonomous Robots

As per reports, Verizon Communications, Inc. (VZ) has signed a deal with Alphabet Inc's (GOOG) Google Cloud to use its 5G network and the tech firm's computing power to offer services such as smart factories and autonomous robots. Telecom companies are partnering with technology firms to automate bu...

Apple’s Ambitious Self-Driving Car Project Loses 3 Engineers – $AAPL

As per reports, Apple's (AAPL) self-driving car project has lost three key engineers in recent weeks adding to the list of departures at the iPhone maker’s ambitious car project. Recently, Apple’s chief engineer for radar systems on the project, Eric Rogers joined flying-taxi startup Joby Aviat...

Apple Nearing A $3T Valuation – $AAPL $MSFT

Reportedly, Apple Inc. (AAPL) may soon achieve the lofty valuation of $3 trillion, which would make it as big as the world's fifth-largest economy after Germany, just over a year after breaching the $2 trillion mark. Apple hit $1 trillion in market capitalization in 2018 and took two years to double...

Microsoft’s Announces First-Ever Standalone Microsoft Teams Offering – Teams Essentials

As per reports, Microsoft (MSFT) announced the availability of the first-ever standalone Microsoft Teams offering, Teams Essentials made specifically for small businesses, offering professional yet affordable meetings solution to support connection, collaboration, and productivity in a hybrid work e...

Is Apple Experiencing Falling Demand For Its iPhone 13?

According to Bloomberg, Apple Inc. (AAPL) has warned that demand for its iPhone 13 has waned, as customers are not willing to try to get the hard-to-find item. Earlier, the company had cut production of iPhone 13 by as many as 10 million units due to a global chip shortage, but now it informed the v...

Microsoft To Review Sexual-Harassment Policies – Proposal Introduced By Activist Arjuna Capital

As per reports, Microsoft (MSFT) shareholders have urged the software maker to reassess its approach to sexual harassment in a vote at the company’s annual meeting, following reports that co-founder Bill Gates behaved inappropriately toward female employees years ago. The proposal, introduced by a...

IBM Strengthens Cloud Offering With Acquisition Of Cloud Based Aussie Co. SXiQ

Reportedly, International Business Machines Corporation (IBM) announced the acquisition of SXiQ, an Australian digital transformation services company specializing in cloud applications, cloud platforms, and cloud cybersecurity. Businesses are now rapidly turning to multiple cloud providers and plat...

Boeing’s 737 MAX Believed To Resume Operations In China Around Year-End

Reportedly, Boeing Co's (BA) 737 MAX operations are expected to resume by the end of this year or the beginning of next year informed China's aviation regulator. The Civil Aviation Administration of China (CAAC) was the first regulator globally to ground the MAX in March 2019 after two deadly crashe...

Salesforce Reports Q3 Earnings – Announces Promotion Of Bret Taylor To Co-CEO

CRM giant, Salesforce (CRM) reported third-quarter earnings ended October 31, reporting an increase in revenue by 27% to $6.86 billion. Profit, excluding some items, was $1.27 a share. The company released revenue and profit forecasts for the current period that fell below analysts’ estimates. For...

Will Apple Launch Augmented Reality Glasses In Late 2022?

Reportedly, iPhone maker Apple (AAPL) is expected to launch its long-rumored augmented reality glasses in late 2022, informed analyst Ming-Chi Kuo of TF International Securities. The Apple headset will have a processor with the same computing power as a Mac or PC, it also will have a lower-end proce...

Apple & Google Fined By Italy’s Antitrust Regulator For “Aggressive Practices”

Reportedly, Italy's antitrust regulator has fined Apple (AAPL) and Alphabet's Google (GOOG) 10 million euros ($11.23 million), each for "aggressive practices" linked to the commercial use of user data.  The authority informed that the two tech groups do not provide clear and immediate information a...

Verizon & AT&T Agree To Monitor Revised Precautionary Measures Addressing 5G Implementation

Reportedly, telecom giants AT&T and Verizon Communications, Inc. (VZ) have agreed to adopt new precautionary measures to address air safety concerns raised from the planned use of C-Band spectrum for 5G wireless. The aviation industry and Federal Aviation Administration raised concerns about pot...

Apple’s Global Battery Development Chief Ahn Soonho Exits

Reportedly, Apple (AAPL) global battery development chief, Ahn Soonho, has moved to Volkswagen, to lead the automaker's development of electric vehicle batteries. The exit marks the second time in recent months that an Apple executive has left for an automaker. Earlier, Apple’s head of car project...

Verizon’s +6B Acquisition Of TracFone Wireless Wins Approval By California Public Utilities Commission

As per reports, the California Public Utilities Commission has approved Verizon Communications' (VZ) more than $6 billion proposed acquisition of TracFone Wireless after the companies agreed to some additional consumer protection conditions. As per the agreement with the California regulator, TracFo...

Cisco Q1 Earnings Disappoints Analysts – $CSCO Lowers Forecast Per Supply Constraints

Cisco Systems, Inc. (CSCO) disappoints as first-quarter revenue fell short of analysts’ expectations and issued weaker-than-expected guidance. Adjusted earnings per share of 82 cents per share were reported, versus 80 cents per share expected. Revenue of $12.90 billion was reported, versus $12.98 ...

Apple To Offer Spare Parts Directly For Home iPhone Repairs, etc.

Reportedly, Apple. Inc (AAPL) is to sell spare parts and tools to the general public to perform their own repairs on some iPhones and Mac computers. Apple started a program in 2019, allowing independent repair shops to buy its parts, tools, and manuals. The iPhone giant informed that there are now 2...

IBM & Amazon Collaborate To Offer OpenShift To Oil Industry

As per reports, International Business Machines Corporation (IBM) and Amazon (AMZN) have come together to offer a set of tools that oil companies can use to manage diverse types of data. IBM’s technology called OpenShift will allow oil companies to use the oil-industry cloud data tools in their pr...

Salesforce’s Marc Benioff Invests $20M In Potential Google Competitor You.com

As per reports, You.com, a startup looking to challenge Alphabet Inc.'s Google by developing a more customizable search engine, is being backed by a $20 million investment led by the venture fund of Salesforce.com Inc. (CRM) Chief Executive Marc Benioff. Benioff's inclusion with the startup includes...

J&J’s Chairman & CEO Alex Gorsky Added To Apple’s BOD

As per reports, Alex Gorsky, Chairman & CEO of Johnson & Johnson (JNJ) to join Apple’s (AAPL) board of directors. Gorsky joined Johnson & Johnson in 1988, accumulating a broad range of experience in sales, management, and marketing before becoming CEO in 2012. Gorky’s inclusion will ...

Boeing Employee Vaccine Exemption Requests Reaching Approx. 9% Of U.S. Workforce

Reportedly, the number of Boeing Co. (BA) employees seeking a vaccine exemption on religious or medical grounds has reached more than 11,000 - or nearly 9% of its U.S. workforce. Recently, the White House pushed back its vaccination deadline, to Jan. 4 for employees at federal contractors or to be ...

Apple To Drop Customer Mask Mandate At More Than 100 Stores

Reportedly, Apple (AAPL) will withdraw its mask mandate for customers at many U.S. retail stores starting this week as COVID-19 cases decline. More than 100 of Apple’s 270 stores across the country will remove the requirement, with more stores adopting the same gradually. However, the mask mandate...

Boeing Settles Shareholder ‘737 Max Oversight’ Lawsuit For Approx. $225M

As per reports, Boeing Co's (BA) board of directors settle a shareholder lawsuit that claimed the aerospace giant’s board failed to oversee safety matters related to two 737 MAX crashes that killed 346 people in less than six months. The settlement amount was agreed at about $225 million. As per t...

IBM’s Managed Infrastructure Services Business Kyndryl Began Trading On NYSE Under The Symbol “KD”

Reportedly, International Business Machines Corporation (IBM) announced the complete separation of Kyndryl, its managed infrastructure services business starting November 4, 2021. Kyndryl to begin "regular way" trading on the New York Stock Exchange under the symbol "KD." "The separation of Kyndryl...

AT&T Inc. & Verizon’s 5G Service Delayed On Some Airwaves After U.S. Aviation Regulators Raise Concerns

Reportedly, AT&T Inc. (T) and Verizon Communications, Inc. (VZ) delay the rollout of the fast 5G service on some airwaves after U.S. aviation regulators raised concerns it might interfere with aircraft electronics. The agencies confirmed a 30-day delay to Jan. 5. “Today Verizon and AT&T a...

Microsoft Announces New Technology Aimed At Increasing Its Cloud Offerings

As per reports, Microsoft (MSFT) is working on a new round of technologies aimed at making its cloud computing services work in data centers it does not own, including the cloud data centers of its rivals. The tech giant’s strategy involves building its most profitable cloud software services, suc...

Apple Prioritizes Production Of iPhone 13 Over iPad Amid Global Chip Crunch

As per reports, Apple (AAPL) is reducing the production of iPad tablets to allocate more components to its iPhone 13, implying the global chip supply crunch is hitting Apple harder than previously reported. The iPhone maker is prioritizing the production of its iPhone 13 output in part because it f...

Intel & Google Team Up To Create ‘Mount Evans’ – A New Class Of Chip Or Infrastructure Processing Unit

As per reports, Intel Corporation (INTC) and Alphabet Inc's (GOOG) Google Cloud are working together to create a new category of chip that Intel hopes will become a major seller in the booming cloud computing market. The chip is called Mount Evans and will be sold to others beyond Google. Tasks like...

IBM Announces Cash Dividend Of $1.64 Payable December 10, 2021

As per reports, the board of International Business Machines Corporation (IBM) approved a regular quarterly cash dividend of $1.64 per common share to stockholders as of November 10, 2021. The dividend is payable on December 10, 2021. The dividend is the first dividend that will be paid by IBM after...

Verizon & Amazon’s Satellite Deal Seemingly Intensifying A Bezos & Musk Clash

Reportedly, Amazon.com Inc. (AMZN) has entered into a deal with Verizon Communications, Inc. (VZ) to link up its planned fleet of satellites, stepping up the rivalry with Elon Musk’s StarLink system. Amazon founder, Jeff Bezos has committed $10 billion to satellite subsidiary Kuiper Systems LLC, ...

Honeywell Reduces Full-Year Sales Target Amid Global Supply Chain Issues

Reportedly, Honeywell International Inc. (HON) released third-quarter earnings ended Sept. 30 reporting net sales of $8.47 billion, higher from $7.80 billion a year earlier but below analysts' average estimate of $8.65 billion. Earnings of $2.02 per share were reported beating estimates of $1.99 per...

Apple Mandates Daily Covid-19 Testing For Unvaccinated Employees

As per reports, Apple (AAPL) is requiring unvaccinated corporate employees to test for Covid-19 each time they want to enter an office, a crucial step in tightening its virus protocols while still stopping short of a vaccine mandate. The above requirement will also apply to employees who do not repo...

IBM’s Q3 Earnings Disappoint

Reportedly, International Business Machines Corporation's (IBM) third-quarter earnings release reported lower revenue than estimates. Adjusted earnings per share of $2.52 per share versus $2.50 per share expected. Revenue of $17.62 billion was reported versus $17.77 billion estimated. Net income dec...

Apple Reportedly Fires Texas Employee Leading The #AppleToo Movement

As per reports, Apple (AAPL) has fired an employee who encouraged and led a movement encouraging workers to come out and share their concerns about the tech giant. Janneke Parrish was working in Austin, Texas, area as a program manager for the company's Maps service, and was fired during an internal...

Boeing Reports Increase In September Aircraft Deliveries

As per reports, Boeing (BA) informed that they have fulfilled an increase in airplane deliveries to 35 in September, as domestic travel revived, but its 787 aircraft is still dealing with structural defects. Out of the 35 jetliners delivered last month, 26 were 737 MAX passenger jets and one aircraf...

Reportedly, Broadcom & Texas Instruments Component Issues Causing Supply Constraints for Apple’s iPhone 13

As per reports, Apple (AAPL) is seeking to lower its iPhone 13 production targets for 2021 by as many as 10 million units as chip shortages continue to worry the industry. Apple was expecting to produce 90 million new iPhone models in the last three months of the year but, the total will be lower be...

World’s Largest Aerospace Co. Boeing Requiring U.S. Employees To Be Vaccinated By Dec. 8 Following Executive Order Issued By The White House

Reportedly, Boeing Co. (BA) announced that it will require its 125,000 U.S. employees to be vaccinated by Dec. 8 under an executive order issued by President Joe Biden for federal contractors. "Boeing is requiring its U.S.-based employees to either show proof of vaccination or have an approved re...

IBM Shareholders To Receive One Share of Kyndryl Services Stock For Every Five Shares of IBM Stock

Reportedly, the board of International Business Machines Corporation (IBM) has approved the previously announced separation of Kyndryl, the company’s managed infrastructure services business. The IBM board of directors declared a pro-rata distribution to IBM stockholders of 80.1 percent of the out...

IBM & Raytheon Technologies Announce Collaboration Offering Enhanced Solutions In Aerospace, Defense & Intelligence Solutions

As per reports, International Business Machines Corporation (IBM) and Raytheon Technologies (RTX) have entered a strategic collaboration agreement to jointly develop advanced artificial intelligence, cryptographic and quantum solutions for the aerospace, defense, and intelligence industries includin...

Emirates Airline Seeking Timetable Update For Boeing’s 777X Deliveries

As per reports, the head of Dubai's Emirates airline has urged U.S. planemaker Boeing (BA) to provide more clarity over the timetable for its delayed 777X jetliner, raising concerns that the schedule would affect complex fleet plans across the group. "We work to precision. I struggle with others wh...

Microsoft Launches Windows 11- Informs “Phased & Measured” Rollout

Reportedly, Microsoft (MSFT) has launched its latest operating system Windows 11 worldwide, claiming it to be fast and with updated features. Most distinctly, it comes with a new Start Menu, located in the middle of the taskbar, along with modernized new Settings menus and options. Microsoft inform...

Microsoft Allows Third-Party Storefronts On Its App Store Without Fees

Reportedly, Microsoft (MSFT) allows Epic Games Inc, Amazon.com Inc (AMZN), and other firms to integrate their app stores into the technology giant's marketplace, giving more options to third-party developers. The company said it would not take a cut from app developers' revenue when the apps manage ...

You May Have To Wait For Apple’s Newly Launched “Pre-ordered” iPhone 13

Reportedly, Apple (AAPL) iPhone customers will have to wait for a few more weeks to get their new iPhone 13, as strong demand and supply chain delays lead to one of the longest waiting times for the phone in recent years. Analysts at Credit Suisse & J.P.Morgan informed that the customers across ...

Apple Announces Bonuses To Store Employees

As per a Bloomberg report, Apple (AAPL) to pay one-time bonuses of as much as $1,000 to store employees next month. The company will give out $1,000 to retail staff hired before Mar. 31, while those who joined later will get $500, as per the reports. Employees that are working for the holiday shoppi...

Salesforce Increases Full-Year Guidance Figures

CRM giant and Dow 30 component, Salesforce.com Inc (CRM), upwardly revised its full-year revenue forecast, as the pandemic-driven shift to hybrid work increased demand for its cloud-based software. Deals, including the acquisition of Slack, a workplace messaging app, helped the company to dodge comp...

Apple’s Ad-Tracking Rules A Cause Concern For Facebook?

Recently as  per reports, Facebook Inc's (FB) shares dropped lowest since July, after warning Apple Inc. (AAPL) new data collection restrictions might hurt its third-quarter results. The social media giant is already witnessing a decline in its digital advertising business after Apple implemented a...

Bamboo Airways Enters ~$2B Deal With GE For Engines On Boeing Jets

As per reports, Vietnam's Bamboo Airways has entered a deal with General Electric (GE) to purchase GEnx engines to power Boeing (BA)) 787-9 Dreamliner aircraft for nearly $2 billion. The company informed the GEnx engines, due to be delivered in 2022, will be used on the airline's wide-body Dreamline...

Salesforce Schedules Annual Investor Day

Salesforce Schedules Annual Investor Day On Sept. 23

Reportedly, Dow 30 component Salesforce (CRM) is to hold its annual Investor Day on Thursday, Sept. 23 beginning at 8:00 a.m. (PT) / 11:00 a.m. (ET). The live broadcast and on-demand replay can be reached at www.salesforce.com/investorday2021 and at www.salesforce.com/investor.  Vista Partners L...

New iPhone 13

Apple Launches Four New Versions Of Its New iPhone 13

Apple (AAPL) unveiled its new iPhone 13, introducing four versions the iPhone 13 mini, the iPhone 13, the iPhone 13 Pro, and the iPhone 13 Pro Max. The phones will be available from Sept. 24, and range in prices from $699 for the iPhone mini to $1,099 for the iPhone 13 Pro Max. The design of the iPh...

Cisco Expects Revenue Coming From Subscriptions

Cisco Expects Revenue Coming From Subscriptions To Increase To 50%

As per reports, Cisco Systems Inc. (CSCO) forecasts that within four years, about half its revenue will come from software and other recurring sales, however, the high chip prices in its hardware business will keep pressuring overall profits, informed its chief financial officer. The company is shif...

Microsoft & Google

Microsoft & Google To Serve As Public Cloud Providers For Wells Fargo

As per reports, Microsoft (MSFT) and Alphabet Inc's Google have been chosen by Wells Fargo & Co (WFC) to serve as its public cloud providers, embracing a multi-cloud approach. Microsoft's Azure will serve as the bank's primary cloud provider, while Google Cloud will provide additional business-...

Microsoft Initiates Quarterly Dividend

Microsoft Initiates Quarterly Dividend Increase & Up To $60 Billion In Share Repurchases

Reportedly, the board of Microsoft (MSFT) has announced a quarterly dividend of $.62/share, a 6 cent or 11% increase over the previous quarter's dividend. The dividend is payable on Dec. 9, 2021, to shareholders of record on Nov. 18, 2021. The board announced the authorization of a new share repurc...

Apple TV

Watch-out Disney+ Spending Is Being Boosted On Apple TV+ Content & Marketing

As per reports, Apple Inc (AAPL) announces to spend more than $500 million on marketing its streaming service, Apple TV+, this year. The company also intends to majorly increase its output of new TV shows and movies to at least once a week in 2022, almost more than double its pace this year. Apple'...

Tesla's Employees To Boost Deliveries

Tesla’s Musk Encourages Employees To Boost Deliveries During Global Chip Shortage

Reportedly, Tesla Inc (TSLA) chief executive Elon Musk has asked employees to "go super hardcore" to make up for production challenges early in the third quarter, ensuring a decent Q3 delivery number, according to an internal memo. "The end of quarter delivery wave is unusually high this time, as w...

Microsoft Postpones Office Reopening

Microsoft Postpones Office Reopening Date Indefinitely In United States As Delta Variant Surges

Reportedly, Microsoft (MSFT) has pushed back plans to fully reopen offices by Oct. 4, due to the uncertainty caused by the pandemic, as the highly contagious Covid-19’s delta variant has led to a resurgence in cases. The technology giant had earlier said it will open its Redmond headquarter as wel...

Twin Axial Cable technology

3M Innovative Properties Co. & Luxshare Technology Enter Agreement To Obtain A Limited Patent License For Use Of Twin Axial Cable Technology

As per reports, 3M (MMM) Innovative Properties Co. and Luxshare Technology Co Ltd have entered an agreement to obtain a limited patent license for the use of the Twin Axial Cable technology from 3M. Twin Axial cable is used for high-speed data input/output (I/O) in data center servers. The collabor...

Boeing's 737 MAX Aircraft

Boeing’s 737 MAX Aircraft Wins Approval Top Resume Operations In Singapore

Reportedly, Singapore's aviation regulator has approved the return of the Boeing's (NYSE: BA) 737 MAX aircraft to service, after more than two years of grounding. Singapore has become the latest country in the Asia Pacific region to do so. Singapore grounded the 737 MAX in March 2019 following tw...

Matt Welch

Matt Welch To Lead As VP Of Investor Relations At Boeing

As per reports, Boeing (BA) has named Matt Welch as vice president of Investor Relations effective immediately, succeeding Maurita Sutedja. Welch will lead Boeing's interactions with the investment community, will provide shareholders and financial analysts with timely, accurate, and transparent inf...

apple vaccination status

Apple Requests That U.S. Employees To Report Their Vaccination Status By Mid-September

As per a Bloomberg report, Apple Inc. (AAPL) is asking its employees to mention their vaccination status as COVID-19 cases surge in the country. The iPhone maker has asked its employees to disclose their vaccination status "voluntarily" by mid-September, regardless of where they are working from. A...

Child Safety

Apple Puts Hold On Device Child Safety Updates

Reportedly, Apple (AAPL) has delayed its plans to implement child safety features on its devices after it received criticism on privacy and other grounds both inside and outside the company. It had planned to roll out the feature for iPhones, Mac, and iPads with software updates later this year in t...

Find Stolen Vehicles Mercedes Me

IBM & Mercedes Launch Service In The “Mercedes Me” App Designed To Help Find Stolen Vehicles

As per reports, IBM (IBM) and Mercedes have announced the successful development of "Urban Guard - Stolen Vehicle Help," a recently launched service in the Mercedes me app, designed to find and recover stolen vehicles.  The collaboration extends the prior partnership of IBM and Daimler, Mercedes' p...

David L. Joyce

GE’s David L. Joyce Joins Boeing’s Board

The board of Boeing Company (BA) announced the appointment of David L. Joyce, 64 to the board, effective immediately, where he will serve on the Aerospace Safety and Compensation committees, as per reports. The board also announced the retirement of Admiral Edmund P. Giambastiani Jr from the board a...

Upcoming SmartWatch

Apple’s Upcoming SmartWatch May Be Delayed

As per reports, Apple's (AAPL) upcoming smartwatch release may be delayed, as the device is facing production lags as manufacturers adjust to a new design, reportedly leading to shipment delays and supply constraints. The new smartwatch, known as the Apple Watch 7 series is expected to have a larger...

cloud computing platform that offers storage and computes services

Verizon 5G Edge & Microsoft Azure Stack Edge Partnership Launches Cloud Computing Platform That Offers Storage & Compute Services

Reportedly, Verizon (VZ) today announced the launch of an on-premises, private edge compute solution built on its last year's collaboration with Microsoft (MSFT). Verizon 5G Edge and Microsoft Azure Stack Edge partnership is a cloud computing platform that offers storage and computes services at the...

Apple Announces Acquisition Of Primephonic – A Classical Music Streaming Service

Reportedly, Apple (AAPL) has acquired the renowned classical music streaming service, Primephonic. Primephonic offers an exceptional listening experience with search and browse functionality enhanced for classical, premium-quality audio, with expert recommendations, and extensive contextual details ...

Apple's 'Empty Gestures'

App Developers Apparently Not Going To Be Appeased By Apple’s ‘Empty Gestures’

Reportedly, Apple (AAPL) has agreed to make changes to the App Store rules in response to a class-action lawsuit. The iPhone maker will now allow developers to advertise other ways of paying for services that are offered through apps, an option that has been banned on the iPhone until now. The deci...

Salesforce Q2 Earnings

Salesforce Q2 Earnings Beat Estimates – Raises Full-Year Guidance

As per reports, enterprise software maker and Dow 30 component Salesforce (CRM) reported second-quarter earnings beating analysts' estimates. The company reported adjusted earnings of $1.48 per share versus 92 cents per share expected and revenue of $6.34 billion was reported exceeding analyst estim...

Intel's Corporate VP & Chief Government Affairs Officer

Effective Sept. 7th Bruce H. Andrews Will Be Appointed As Intel’s Corporate VP & Chief Government Affairs Officer

Reportedly, Intel Corporation (INTC) has appointed Bruce H. Andrews as corporate vice president and chief government affairs officer, effective Sept. 7. Andrews will report to Steven R. Rodgers, Intel’s executive vice president, and general counsel. He will head Intel’s global government affairs...

Tesla human robot

Tesla To Soon Build A ‘Humanoid Robot’ Prototype?

Tesla’s boss CEO Elon Musk announced to build a humanoid robot called Tesla Bot, the announcement was made as part of AI Day, a series of tech talks hosted by Tesla in California to recruit machine learning talent. Musk revealed that in the time to come, the human-robot has the chance to transform...

Methane-Emissions Monitoring Platform

Duke Energy, Microsoft & Accenture Come Together To Develop A Unique Methane-Emissions Monitoring Platform

Reportedly, Duke Energy is working with Accenture and Microsoft (MSFT) to develop a unique technology platform designed to measure actual baseline methane emissions from natural gas distribution systems. The news platform will provide near-real-time data collection, allowing Duke Energy's field resp...

Microsoft Announces Price Rise For Some Flagship Products

Reportedly, Microsoft Corp (MSFT) to raise prices by as much as 20% for a bundle of software called Microsoft 365 that includes popular apps like Teams and Outlook. The Microsoft 365 suite is the tech giant's foundation of productivity and business process segment, which reported sales of $53.9 bill...

Intel Reveals Its Latest Chip Strategy & TSMC Partnerships

Intel Corporation (INTC) is reportedly working to regain its footing in manufacturing to prevent further loss of its chip market share to rivals such as Advanced Micro Devices Inc and Nvidia Corp, who have faster offerings.  The giant chip revealed its turnaround strategy to source subcomponents of...

IBM’s 21st Century Apprenticeship Program Now Recognised By The American Council On Education

Reportedly, International Business Machines Corporation (IBM) 21st-century apprenticeship program has officially been recognized by the American Council on Education (ACE) allowing IBM apprentices to translate their 12 months of on-the-job training for up to 45 college credits, or around three semes...

IBM To Open U.S. Offices From September 7 – Restricted To Only ‘Fully Vaccinated’ Employees

Reportedly, International Business Machines Corporation (IBM) will allow only fully vaccinated U.S. employees to return to offices, due to the rapid spread of the Delta variant of COVID-19. The offices are to open from Sept. 7. The increase in COVID-19 cases in the United States due to the highly c...

Apple Inc. (AAPL) Is Working To Bring Back In-person Classes At Its Stores On Aug. 30

Reportedly, Apple Inc. (AAPL) is working to bring back in-person classes at its stores on Aug. 30, as it opened its reservation portal for in-store classes recently, allowing consumers to sign up for the courses in advance. The program is expected to resume in the majority of the company’s U.S. lo...

SPACE WARS: Amazon’s Jeff Bezos’s Blue Origin Suing The U.S. Regarding NASA’s Awarding A $2.9B Lunar Lander Contract To Elon Musk’s SpaceX

According to Reuters , Amazon (AMZN) founder Jeff Bezos's Blue Origin is suing the U.S Government over NASA's awarding a $2.9B lunar lander contract to Tesla (TSLA) founder Elon Musk's SpaceX. Blue Origin's lawsuit was reportedly filed in the U.S. Court of Federal Claims on Friday, August 13th. App...

Intel Announces Appointment Of Christy Pambianchi As Executive VP & Chief People Officer

As per reports, Intel Corporation (INTC) announced the appointment of Christy Pambianchi as executive vice president and chief people officer, effective Sept. 7. Christy Pambianchi will report to CEO Pat Gelsinger. Pambianchi will head the Human Resources organization and will work to attract, retai...

United Parcel Service CEO Carol B. Tomé Joins Verizon’s Board Of Directors

Reportedly, Verizon Communications, Inc. (VZ) announced the appointment of Carol B. Tomé to the Board of Directors, effective September 1, 2021.  The addition of Ms. Tomé will bring Verizon’s total board membership to 11, ten of whom are independent, effective September 1, 2021. Ms. Tomé is t...

Intel Fails To Win Court Approval To Toss $2.18B VLSI Technology LLC Patent Verdict

Reportedly, Intel Corporation (INTC) has failed to gain approval to throw out a $2.18 billion jury verdict that ordered the chipmaker to pay VLSI Technology LLC the amount for patent infringement. U.S. District Judge Alan Albright in Waco, Texas, denied Intel's move for a new trial in a sealed order...

Cisco To Announce Q4 & Fiscal Year 2021 Financial Results On Aug 18

As per reports, Cisco Systems, Inc. is to release its 2021 financial and fourth quarter (ending July 31) earnings at 1:30 PM (PT) / 4:30 PM (ET) on Wednesday, August 18, 2021. To Listen via the Internet & Telephone: A live and replay audio of the event can be reached at the company’s websit...

Salesforce Launching Salesforce+ – A Streaming Service Featuring Business Content

Reportedly, Salesforce Inc. (CRM) has announced the launch of a streaming service, Salesforce+, featuring original content focused on businesses and professionals. The company informed that its in-house studio has developed and produced the core content for the streaming service and is expected to d...

Court Tosses Personalized Media Communications’ Apple $308.5M Patent Verdict

Reportedly, Apple (AAPL) convinced a federal judge to dismiss a $308.5 million jury verdict it lost to a privately-held licensing firm, Personalized Media Communications LLC (PMC) for infringing a patent associated with digital rights management. Rodney Gilstrap, U.S. District Judge stated that Per...

Salesforce Schedules Q2 Fiscal 2022 Results On Aug 25

As per reports, Salesforce (CRM) will announce its Q2 fiscal year 2022 results on Wednesday, August 25, 2021, after the trading closes. Salesforce to hold a conference call at 2:00 p.m. (PT) / 5:00 p.m. (ET) to discuss and review the results with the investment community. A live webcast and replay o...

Boeing Discusses Dates For Launch Of The CST-100 Starliner to the International Space Station

As per reports, Boeing (BA) is discussing multiple dates this month for the launch of its space capsule, CST-100 Starliner to the International Space Station. The much-awaited launch was delayed after a glitch in its propulsion system valves was identified during pre-launch checks. The CST-100 Star...

Intel Reports Q2 Earnings Beat – Expects PC Market To Keep Growing Into 2022

Intel Corporation (INTC) released their second-quarter ended June 26 earnings, reporting $18.5 billion in adjusted sales beating estimates of $17.80 billion. The company earned $1.28 per share higher than estimates of $1.06. Revenue from its data center business decreased 9% to $6.5 billion in the q...

Apple Earnings Strongly Beat Expectations – Announces Quarterly Dividend Of $0.22

Apple (AAPL) reported strong fiscal third-quarter earnings exceeding Wall Street estimates. Every one of Apple’s major product lines grew over 12% on an annual basis and iPhone sales increased nearly 50% on an annual basis.  Key Q3 Highlights: EPS of $1.30 reported versus $1.01 estimated. ...

Apple Looks To Additional Chinese Suppliers To Produce Its Latest iPhones

As reported in Japan's Nikkei newspaper, Apple Inc (AAPL) is working with more Chinese suppliers to produce its latest iPhones, as a tech feud arising from a trade war with the United States prompts Beijing to strengthen domestic firms. The iPhone maker has warned of supply shortages as the U.S.- Ch...

Microsoft Beats Market Estimates – Raises Outlook

Redmond, Washington-based Microsoft (MSFT), beat the markets estimates for the June quarter & also raised expectations for the next quarter. The company earned $2.17 a share on sales of $46.2 billion in its fiscal fourth-quarter ending June 30, beating analyst estimates of $1.92 a share on sales...

Spain’s Amadeus Collaborates With IBM To Integrate Digital Health Pass Into Its Traveler ID Platform

Reportedly, Spain's Amadeus is integrating International Business Machines Corporation (IBM) digital health pass into its Traveler ID platform to simplify the verification of passengers' health credentials during the boarding process. Traveler ID platform was launched earlier this year for airlines ...

Salesforce Closes Slack Technologies Purchase Deal

Reportedly, Salesforce.com (CRM) has closed its $27.7B purchase of Slack Technologies Inc, allowing Slack's workplace app to become popular for collaborations within and between companies. The U.S. antitrust regulators cleared the deal this week, posing a stronger challenge to Microsoft Corp, the to...

Apple Schedules Release For All 5G-Enabled iPhones For 2022

Reportedly, Apple Inc. (AAPL) is to release 5G-enabled iPhones starting next year. The budget iPhone SE will be powered by its A15 processor and its 5G connectivity will be enabled by Qualcomm Inc's X60 modem chip and is expected to be available for sale in the first half of 2022. The company will n...

FAA Issues Directive To Boeing 737 Planes Operators To Inspect Possible Switch Failures

As per reports, the Federal Aviation Administration has issued a directive to operators of all Boeing Co (BA) 737 series airplanes to conduct inspections to check possible failures of cabin altitude pressure switches. The directive includes 2,502 U.S.-registered airplanes and 9,315 airplanes worldw...

Intel In Discussion To Purchase GlobalFoundries For ~$30B Owned By Mubadala Investment Co.

As per reports, Intel Corp (INTC) is in talks to buy semiconductor manufacturer GlobalFoundries Inc, owned by Abu Dhabi sovereign wealth fund Mubadala Investment Co, with a manufacturing footprint across the U.S., Europe, and Asia for about $30 billion.  The discussion comes in as a semiconductor s...

Microsoft Launches Cloud-Based Version Of Windows Operating System

Microsoft Corp (MSFT) is offering its Windows operating system as a cloud-based service, making it easier to access business apps that need Windows from a wider range of devices like a Mac, PC, iPhone, Android phone, or Chromebook, compatible with HTML 5. The service, Windows 365 will roll out on A...

Microsoft Announces Agreement For Acquisition Of San Francisco Security Software Maker RiskIQ

Reportedly, Microsoft Corp. (MSFT) has agreed to acquire RiskIQ, a security software maker, expanding its products and protecting its customers amid a rising tide of global cyberattacks. The terms of the deal remained undisclosed. Founded in 2009, San Francisco-based RiskIQ deals in cloud software f...

Cisco Completes Acquisition Of Event Technology Platform Firm Socio Labs

Reportedly, Cisco Systems, Inc. (CSCO) announced the completion of the acquisition of Socio Labs, Inc., an event technology platform that will become a part of Cisco’s Webex cohort, post the buyout. The addition is expected to benefit Cisco in terms of customizable and inclusive offerings, primari...

Tech Giant Microsoft Recognizes Winners & Finalists For 2021 Partner Of The Year Awards

Reportedly, Microsoft Corp (MSFT) announced winners and finalists of the 2021 Microsoft Partner of the Year Awards. All the award winners and finalists from around the world will be recognized at the all-digital Microsoft Inspire, July 14-15, 2021. The annual awards recognize Microsoft partners disp...

Saleforce’s Slack Unveils ‘Slack Huddles’

Reportedly, Slack Technologies Inc. (WORK) is launching new features to help people work with their colleagues whether in the office or at home, enhancing its offerings around managing a hybrid workforce. The new tool, Slack Huddles will allow users to have casual audio conversations across channel...

IBM’s President Jim Whitehurst To Resign From His Position

Reportedly, International Business Machines Corporation's President, Jim Whitehurst, who played a major role in the $34 billion acquisition of Red Hat two years ago, will step down from his position. Whitehurst was named President in January 2020. Whitehurst will continue to work as senior adviser t...

Verizon Showcases 5G-United Robots At Barcelona Conference

Telecom giant Verizon Communications, Inc. (VZ) showcased two robots on the stage of the Mobile World conference, stating that robots use 5G connectivity and mobile edge computing to communicate with each other, as per reports. Edge computing uses machine learning and augmented reality to analyze bu...

Boeing Receives Largest Aircraft Order In 10 Years

Reportedly, United Airlines (UA) has placed orders for 200 Boeing (BA) 737 Max jets and 75 Airbus 321neo aircraft making it the biggest single order by any carrier in at least a decade. The announcement places hope on extended travel revival in the coming years. The aerospace giant has witnessed ord...

Intel & Microsoft Collaborate On Intel’s Bridge Technology

As per reports, Intel (INTC) and Microsoft (MSFT) have deepened their partnership offering an impressive computing experience with the upcoming Windows 11 for more than three-fourths of Windows PCs powered by Intel® processors. The new New PCs enabled by Intel® Core™ processors along with Intel...

Microsoft Windows 11 Upgrade May Not Be For All!

Microsoft (MSFT) announced a free Windows 11 upgrade to Windows 10 machines, however, many users will be unable to use the benefit, as the newly launched operating system will only support eighth generation and newer Intel Core processors, Apollo Lake, and newer Pentium and Celeron processors. Wind...

Intel Partners With India’s Reliance Jio On Building 5G Network Technology

Reportedly, Intel Corporation (INTC) is collaborating with India's Reliance Jio to develop 5G networking technology. Last year, Intel's venture capital unit invested $250 million in Reliance Industries Ltd's Jio Platforms unit, hoping the two companies would find areas of technology partnership. "T...

Intel In Talks With German State Of Bavaria To Build Chip ‘Megafactory’

Reportedly, Germany's southern state of Bavaria is in discussion with Intel (INTC) to build a European chip factory to meet supply bottlenecks that have hindered production in the automotive sector. Recently, Intel has been seeking 8 billion euros/ $9.5 billion in public subsidies to build a semicon...

FAA Makes Inspection Mandate For Boeing’s 737 MAX Key Automated Flight System

Reportedly, the Federal Aviation Administration (FAA) has issued a directive for Boeing Co. (BA) requiring operators of 737 MAX airplanes to conduct additional inspections for the plane's automated flight control system. The directive makes mandatory instructions released by Boeing in December that ...

Microsoft Board Names CEO Satya Nadella As Chairman To The Board & Announces Quarterly Dividend

Reportedly, Microsoft Corp (MSFT) has named Chief Executive Officer Satya Nadella, 53 as its new chairman in place of John Thompson, intensifying Nadella’s influence on the company after more than seven years as the top executive. John Thompson took over as chairman in 2014 from Bill Gates, will ...

Apple’s Cook Raises Concern Over EU’s Tech Rules Which Is Believed To Place Security Of iPhones At Risk

Apple’s (AAPL) CEO Tim Cook raised how proposed European rules aimed at curbing the power of U.S. tech giants, could pose security and privacy risks to iPhones. Cook, in his first public comments about the Digital Markets Act (DMA) proposed by EU antitrust chief Margrethe Vestager, raised concerns...

Boeing Announces Successful First Flight Of Its Largest MAX Plane 737-10

Reportedly, Boeing (BA) completed the first flight of 737-10, the biggest plane in the company’s 737 MAX range on June 19. The flight took off at 10:07 a.m. from Renton Field in Renton, Washington, and landed at Boeing Field in Seattle at 12:38 p.m. 737 Chief Pilot Capt. Jennifer Henderson stated...

Verizon Schedules Q2 Earnings On July 21st

Reportedly, Verizon Communications Inc. (VZ) to report second-quarter 2021 earnings on Wednesday, July 21 at 8:30 a.m. Eastern Time. Instructions and presentation materials, including Verizon’s earnings news release and financial tables, will be available at 7:30 a.m. on https://www.verizon.com/ab...

Apple Hires Ulrich Kranz (Former BMW Executive) Determined To Build A Self-Driving Electric Car

Reportedly, Apple Inc. (AAPL) has hired a former senior executive at BMW AG’s electric car division, Ulrich Kranz to help lead its own vehicle efforts. Kranz formerly served as chief executive officer of Canoo Inc., a developer of self-driving electric vehicles. Before co-founding Canoo, Kranz was...

IBM’s U.S Employees Are Heading Back To Offices In Fall (September)

Reportedly, U.S employees of International Business Machines Corp. (IBM) will be returning to company offices the week of Sept. 7. In a memo, Chief Human Resources Officer Nickle LaMoreaux cited “improving U.S. clinical conditions and broad access to Covid-19 vaccines” for the company’s decisi...

Boeing States Possible Delay & Price Rise For Air Force One Contract

Reportedly, Boeing Co (BA) has informed that there may be delays and that intend raise the price of the next-generation presidential aircraft due to COVID-19 delays and a subcontractor.  Boeing received a $3.9-billion contract in July 2018 to build two 747-8 aircraft for use as Air Force One, set f...

Honeywell Quantum To Enter A Joint Venture With Cambridge Quantum Computing

As per reports, Honeywell International Inc. (HON) and Cambridge Quantum Computing (CQC), a quantum computer software startup are set to enter a joint venture integrating Honeywell’s quantum computer unit with CQC. Honeywell will invest between $270 million and $300 million in the new company and...

Salesforce Schedules Annual Virtual Stockholders Meeting On Thursday, June 10, 2021

As per reports, Salesforce to hold its annual meeting on Thursday, June 10, 2021, at 11:00 a.m. (PT) / 2:00 p.m. (ET). This year’s meeting is a virtual stockholder meeting conducted exclusively via a live audio webcast at www.virtualshareholdermeeting.com/CRM2021.  Shareholders as of April 15, 2...

Apple Continues To Defend App Store & Work With Small Developers

Apple (AAPL) continued to defend its App Store revealing how the small developers have found success through an online marketplace. A study conducted by the Analysis Group and funded by Apple “A Global Perspective on the Apple App Store Ecosystem,” found that total billings and sales in the App ...

Apple Targeting September Return To Offices But With Flexible Setup

As per reports, Apple (AAPL) employees may start returning to offices in early September for at least three days a week, informed Apple Inc. Chief Executive Officer, Tim Cook. The tech giant is planning to bring back employees to offices on Mondays, Tuesdays, and Thursdays at a minimum, while remote...

Microsoft Seeking To Launch Its Windows Cloud PC Desktop-As-A-Service

Reportedly, Microsoft (MSFT) seeking to roll out its Windows Cloud PC desktop-as-a-service, a Wall Street analyst says. The desktop-as-a-service offering could be announced at a Microsoft partner conference in July, informed Jefferies analyst Brent Thill. The tech giant first disclosed its Cloud PC ...

Apple Delays Launch Of Podcast Subscription Service Until June After Show Concerns

Reportedly, Apple (AAPL) delays the launch of its podcast subscription service until June after some of the podcast creators raised concerns over delays in their shows appearing after uploading them. The service was initially scheduled to start in May. In April, Apple informed that it was introduci...

Intel CEO On Global Chip Supply Shortages

During a virtual session of the Computex trade show in Taipei this week, Intel Corporation (INTC) CEO, Pat Gelsinger informed that the global shortage of semiconductors will take several years to be resolved. The effect of which can be felt in production lines, and consumer electronics. He said that...

The Walt Disney Company Adds Two New Directors From Lululemon & Tech Industry

Reportedly, the Board of The Walt Disney Company (DIS) has elected two new directors Calvin McDonald, CEO of Lululemon Athletica inc., and Amy Chang, a veteran technology executive, effective immediately. "Amy Chang and Calvin McDonald are highly-respected leaders with a deep understanding of the...

Salesforce Reports Strong Q1 Results- Raises Fiscal Guidance

As per reports, Salesforce (CRM) released strong Q1 earnings ending April 30 as they confirmed a 23% growth in revenue year over year. Key Highlights: Adjusted earnings per share of $1.21 were reported, versus 88 cents per share as expected. Revenue stood at $5.96 billion, vs. $5.89 billion a...

IBM To Deliver Global Hybrid Cloud Transformation For Pitney Bowes

Reportedly, International Business Machines Corporation (IBM) has entered an agreement with Pitney Bowes, under which IBM will deliver IT automation, machine learning, and managed infrastructure services designed to assist Pitney Bowes to enhance and include hybrid cloud computing to support its glo...

Microsoft To Say Goodbye To Internet Explorer & Hello To Edge!

As per reports, Microsoft Corp (MSFT) will unplug its well-known browser, Internet Explorer next year as the technology giant prepares to compete with market leader Chrome with its slicker Edge browser. Internet Explorer, launched in 1995 became the prominent browser for over a decade as it was pac...

Cisco Releases Q3 Earnings- Lowers Earnings Guidance Amid Supply Chain Issues

Cisco Systems, Inc. (CSCO) released its third-quarter earnings this week and raised concerns that supply chain issues will be prevalent till the end of 2021. The technology giant also forecast its current-quarter profit below estimates. "Notwithstanding what's going on in the supply chain, our re...

IBM’s ‘Hybrid Work Plans’ For Returning To Work Post Pandemic

In a recent interaction with Yahoo Finance Presents, International Business Machines Corporation (IBM) CEO, Arvind Krishna discussed how the company expects at least 80% of the company’s 350,000 employees to opt for a hybrid model of work post-COVID -19 vaccination rollout. A hybrid model is such ...

IBM Acquires Salesforce Partner Waeg

As per reports, International Business Machines Corporation (IBM) is buying Waeg, a consulting partner for Salesforce (CRM) extending its range of services and supporting its hybrid cloud and artificial intelligence strategy. Waeg, based in Brussels serves clients across Europe, complements IBM's ac...

Verizon Media Expands Partnership With Condé Nast’ Offering Exclusive Content & Commerce Experience To Consumers

Reportedly, Verizon Media (VZ) and Condé Nast announced an expansion of their partnership to build the next generation content and advertising experiences for consumers and advertisers. The partnership unlocks new content distribution opportunities and increased access to Condé Nast’s premium in...

IBM Introduces World’s First 2-Nanometer Chip Technology

Reportedly, International Business Machines Corporation (IBM) has unveiled the world's first 2-nanometer chipmaking technology that could be 45% faster and up to 75% more power-efficient than the mainstream 7-nanometer chips used in many of today's laptops and phones. The technology is expected to ...

Salesforce Schedules Q1 Earnings On May 27

Reportedly, Salesforce (CRM) is scheduled to release its first quarter, 2022 results on Thursday, May 27, 2021, after trading closes, followed by a conference call at 2:00 p.m. (PT) / 5:00 p.m. (ET) with the investment community to discuss and review the results. Live webcast and replay of the even...

Apple Hires Cisco’s Stella Low As Chief Communications Officer

As per reports, Apple (AAPL) has named the chief communications officer at Cisco, Stella Low as the company’s head of communications, filling in the role that has been empty since the departure of Steve Dowling in 2019. Low will lead external communications and public relations and will report to ...

Microsoft Allows Its EU Public & Commercial Sector Customers To Store & Process Data In The Region

Reportedly, Microsoft Corp (MSFT) has allowed public and commercial sector customers in the European Union to store and process all of their data in the region, amid growing demand from some clients. Microsoft to complete the implementation of all engineering work required to execute the decision by...

Intel Investing $600M In Israel To Expand Its R&D Work -Also Spending $10B On New Chip Plant

Reportedly, Intel Corporation (INTC) is set to invest another $600 million in Israel for the expansion of its research and development (R&D) and it will also spend $10 billion on a new chip plant. The company to invest $400 million to turn its Mobileye unit into an R&D campus for developing ...

Boeing Reports More Quarterly Losses – Remains Positive On Air Travel Recovery

Boeing (BA) reports a sixth consecutive quarterly loss as the aerospace giant struggles with production issues and a weak jetliner market. Boeing reported a net loss of $561 million for the first three months of 2021 on revenue of $15.2 billion, 10% lower than last year but slightly ahead of analyst...

IBM Reports Increase In Quarterly Cash Dividend

As per reports, the board of International Business Machines Corporation (IBM) will increase the regular quarterly cash dividend to $1.64 per common share, payable to all shareholders as of May 10, 2021. The dividend is to be paid on June 10, 2021. Arvind Krishna, IBM chairman, and the chief exec...

Apple Surpasses Earning Estimates – Reports 54% Revenue Increase

Dow 30 component, Apple (AAPL) reported Q2 earnings this week, beating analyst expectations. Revenue soared 54% year-over-year on strong hardware sales in the quarter. Revenue stood at $89.58 billion versus $77.3 billion expected. Earnings per share of $1.40 were reported versus $0.99 expected. iPh...

Salesforce Attains #1 CRM Provider Status For 8th Consecutive Year Via IDC

Reportedly, the global leader in CRM, Salesforce (CRM) has secured the #1 CRM Provider position for the 8th consecutive year by International Data Corporation (IDC) in its latest Worldwide Semiannual Software Tracker.  The IDC data shows that Salesforce has positioned itself as the market share le...

Intel Reports Q1 2021 Earnings – States “This is a pivotal year for Intel”

Reportedly, Intel Corporation (INTC) released Q1 earnings this week, first with CEO Pat Gelsinger in leadership. Sales remained flat and profit dropped in the first quarter of 2021. However, earnings per share were significantly higher than analyst estimates and the company’s expected forecast. C...

Apple Unveils The New iPad Pro Powered With Its Custom M1 Chips

Apple (AAPL) launched its latest line of iPad Pros during a special virtual event held on Tuesday, April 20 at its Cupertino, California, headquarters, as per reports. The newly launched iPads are the first to be powered by Apple’s custom M1 chips, the same used in its Mac line of laptops and des...

Microsoft & Discord End Deal Talks

Reportedly, messaging platform Discord Inc. to end deal talks with Microsoft Inc. (MSFT) and focus on expanding the business as a standalone company through its chat platform and doing business from its user base that has grown rapidly during the pandemic, as per sources. Earlier it was reported in ...

Verizon Launches 5G Internet In 21 U.S. Cities For Commercial Entities

As per reports, one of the largest U.S. telecom companies Verizon Communications, Inc. (VZ) is launching 5G internet for businesses in 21 U.S. cities this month, expanding its reach from Chicago, Houston, and Los Angeles. The telecom giant is offering a 10-year price lock for new customers, no data...

Microsoft Introduces Kid-Friendly Version Of Its Edge Web Browser, Edge Kids Mode

 Microsoft (MSFT)  introduced its new kid's mode for its Edge web browser, in a move to ensure that parents can easily allow their children to go online without being concerned about the kind of content they’ll come across. The introduction is the first such feature from any major browser, desig...

Boeing Releases Q1 Deliveries Update

The Boeing Company (BA) released its first-quarter, 2021 major deliveries across its commercial and defense operations, as follows: Commercial Airplanes Programs:  737 63 747 1 767 5 777 6 787 2 Total 77   Defense, Space & Security Programs ...

Verizon Enters SBA/Crown Castle Deal To Quicken Deployment of C-band Equipment For Launch of 5G

As per reports, Verizon (VZ) has entered deals with SBA and Crown Castle, two-tower companies already hosting Verizon infrastructure equipment, to quicken the deployment of C-band equipment for the launch of 5G Ultra-Wideband and fixed wireless broadband service on this newly acquired spectrum. Ver...

IBM Is Naming Its Independent Managed Infrastructure Services Business “Kyndryl”

Reportedly, International Business Machines Corp (IBM) managed infrastructure services business will be called "Kyndryl" and will be headquartered in New York after a planned spinoff later this year. "Kyndryl evokes the spirit of true partnership and growth," stated Martin Schroeter, Chief Execut...

Salesforce May Soon Welcome Vaccinated Employees Back To Office

Reportedly, CRM giant Salesforce.com (CRM) has decided to bring back vaccinated employees back to some of its offices, giving vaccinated workers preferential treatment over those who have not taken the shot. Vaccinated employees will be able to work from its headquarters in San Francisco including l...

Microsoft In Advanced Talks To Sign A Deal With AI Speech Tech Firm Nuance

Reportedly, Microsoft (MSFT) is in advanced talks to buy Nuance Communications Inc, an artificial intelligence and speech technology company. The deal could value Nuance at about $56 a share, subject to change in terms. Microsoft and Nuance have been in collaboration since 2019 on technologies to d...

Boeing’s 737 Max Aircraft Faces Inspection After Electrical Problems Were Reported On Specific Jets

As per reports, Boeing’s (BA) 737 Max planes have reported an electrical fault on a specific group of jets. The company informed that the “production issue” does not affect its entire fleet and 16 operators have been asked to halt operations involving the jet until the issue is addressed. Boe...

UBS Predicts Big Win For Apple In The Electric Vehicle Market

UBS analyst David Vogt raises Apple (AAPL) stock to a Buy, raising his price target to $142 from $115, highlighting the company’s ambitious entry in automotive space arguing "auto optionality will offset a 'normal' iPhone Cycle." Vogt predicts Apple can capture some of the battery electric vehicl...

Nikkei Reports That Apple Faces Supply Issues & Delays Production Of MacBook, iPad

Reportedly, production of some of Apple Inc's (AAPL) MacBooks and iPads has been delayed due to a global component shortage. Chip shortages have caused delays in MacBook production, and iPad assembly is facing a shortage of displays and display components. Apple has pushed back a portion of componen...

Apple CEO Tim Cook On Augmented Reality, Self-driving Cars & Retirement

Apple (AAPL) CEO Tim Cook's recent podcast interview with the New York Times discussed how artificial intelligence and augmented reality are significant for the company's growth in the future. The CEO spoke on the company’s interest in autonomy and its underlying benefits for several products, an...

Boeing 737 MAX Planes Allowed To Transit In Vietnam After Ban Lift

Reportedly, Vietnam has allowed Boeing (BA) 737 Max planes to transit in the country after they were suspended in 2019 over safety concerns, as per the Ministry of Transport. In March 2019, the Civil Aviation Authority Of Vietnam deferred issuing licenses to 737 MAX aircraft till the cause of an Eth...

Fiji Airways Gains Regulator’s Approval For Return Of 737 MAX Planes

As per reports, Fiji Airways has secured approval from its national aviation regulator for the return of its Boeing Co (BA) 737 MAX aircraft after a two-year grounding following two deadly crashes. Its national regulator will allow flights to resume operations following additional crew training, inc...

Apple To Use Tesla Batteries For Its Solar Farm In California

As per reports, Apple (AAPL) is set to use Tesla’s Megapack at its new battery-based renewable energy storage facility at its California solar farm. Apple informed the facility to store 240 megawatt-hours of energy, strong enough to power more than 7,000 homes for one day. The setup will consist o...

Apple Invests In Steve Toute’s UnitedMasters Music-Distribution Co. Focused On Building Independent Artists

Reportedly, Apple (AAPL) is buying a stake in UnitedMasters, a music-distribution company formed by Steve Stoute in 2017, trying to undercut major record labels by offering artists full control of their music. The company assists artists who don’t have a traditional record label and distributes th...

Microsoft To Bring Some Employees Back To Office Beginning March 29

Reportedly, Microsoft Corp (MSFT) will allow employees to work from its headquarters in Redmond, Washington, and nearby campuses beginning March 29. Employees working at headquarters or nearby campuses have the choice to return to the office, shift to a hybrid model, or continue working remotely th...

Intel To Spend $20B At Chandler, Arizona Plant Expansion

As per reports, Intel Corporation (INTC) is set to expand its semiconductor manufacturing capacity, beginning with plans for two new factories or "fabs" at the company’s Ocotillo campus in Chandler, AZ. Intel CEO Pat Gelsinger announced the news during Intel’s global "Intel Unleashed: Engineerin...

Boeing Signs $5.28B 2-Yr Revolving Credit Agreement

Reportedly, Boeing Co (BA) has entered into a $5.28 billion, two-year revolving credit agreement as the aerospace giant is facing severe crisis and slowdown further pushed by the pandemic. The credit agreement is scheduled to end on March 19, 2023. "We have no current plans to draw on our credit ...

FAA Takes Over The Review Of Specific 787 Dreamliners Before They Enter Service

Reportedly, the Federal Aviation Administration has issued directions that its regulators and not Boeing (BA) employees, would inspect specific 787 Dreamliners before they resume operations. Boeing had been responsible for the basic final safety checks needed to issue an airworthiness certificate be...

Microsoft To Discuss Deal With Discord For More Than $10 Billion

As per reports, Microsoft Corp. (MSFT) is in talks to acquire Discord Inc., a video-game chat community for more than $10 billion.  Discord, a San Francisco-based company is well-known for its free service allowing gamers to communicate by voice, text, and video. During pandemic people stuck at ho...

Microsoft Launches Revised Covid-19 Vaccine Tool, Addressing Previous Glitches

Reportedly, Microsoft Corp. (MSFT) has unveiled its new updated technology to assist government and health care organizations’ with Covid-19 vaccine management systems, fixing the drawbacks weeks after the company's initial custom-built programs were launched to perform in few states. The recent,...

Boys & Girls Clubs Of America Working With Salesforce To Deliver A Streamlined & Personalized Experience

Reportedly, Boys & Girls Clubs of America has selected Salesforce technology to deliver more personalized experiences and programs to the 4.6 million young people it serves, across its more than 4,700 Clubs. For 160 years, the Boys & Girls Clubs have provided safe places for kids and teens, ...

Apple Commences Its iPhone 12 Assembly In India

As per reports, Apple (AAPL) has begun with the assembly of the iPhone 12 in India. The Indian unit of Apple's Taiwanese contract manufacturer Foxconn to assemble the device in its plant in southern Tamil Nadu state, as per sources. "We are proud to be starting production of iPhone 12 in India fo...

Boeing Reports Positive Bookings For February, Stock Rises

Aerospace giant, Boeing (BA) reported more orders than cancellations in February after 14 months of unrest that included the 737 Max grounding and the pandemic. Boeing managed 82 new orders in February, including 25 Boeing 737 Max jets orders by United Airlines and 14 737 Max planes for an unidentif...

Boeing In Search Of New $4B Liquidity From Banks

As per reports, Boeing (BA) has approached a group of banks for a new $4 billion revolving credit facility to sail through a lengthy slowdown in global aircraft demand. As per sources, the aerospace giant has the option to increase the size of the two-year facility to as much as $6 billion. Boeing h...

Moderna & IBM Work Together To Support Smarter Real-Time COVID-19 Vaccine Adoption & Management

Reportedly, Vaccine maker Moderna Inc. (MRNA) and International Business Machines Corporation (IBM) join hands to work together on technologies including artificial intelligence, blockchain, and hybrid cloud to track COVID-19 vaccine administration. The aim is to identify ways technology can be used...

CRM Giant Salesforce Exceeds Q4 Earnings Estimates – Updates Full-Year Guidance

Reportedly, Salesforce.com Inc. (CRM) reported its Q4 earnings this week, exceeding analysts’ estimates. The enterprise-software company reported adjusted earnings of $1.04 per share versus 75 cents per share as expected by analysts. Revenue stood at $5.82 billion versus $5.68 billion expected. I...

South Korea’s Transport Ministry Orders Grounding Of All Local Airlines’ Boeing 777s With PW4000 Engines

Reportedly, South Korea's transport ministry has ordered the grounding of all local airlines' Boeing (BA) 777s with PW4000 engines, also the ministry has banned all foreign aircraft with PW4000 engines from operating in South Korea airspace from this week. The ministry has ordered local airlines As...

EV Firm Lucid Motors Goes Public Via CCIV SPAC (Value $11.75B)

Reportedly, luxury electric vehicle maker Lucid Motors has announced that it is going public by merging with blank-check or SPAC firm Churchill Capital IV Corp (CCIV) valuing the combined company at $11.75 billion. The deal with CCIV includes a private investment of $2.5 billion from Saudi Arabia's ...

FAA Issues An Emergency Airworthiness Directive For Boeing 777s Following United Engine Failure

As per reports, the U.S. Federal Aviation Administration has issued an emergency airworthiness directive after reports of an engine failure of a United Boeing (BA) 777 in Denver was released, requiring stepped-up immediate inspections of similar planes. The directive covers Boeing 777 airplanes equi...

Cisco Finalizes Acquisition of IMImobile- A Leading Global Provider of Cloud-Based Communications Software & Services

As per reports, Cisco Systems, Inc. (CSCO) has completed the acquisition of IMImobile PLC, a leading global provider of cloud-based communications software and services driving critical business interactions at scale. IMImobile manages, monitors, automate, and delivers the customer interactions that...

Delta Airlines Enters Multi-Year Cloud Related Agreement With IBM

Reportedly, International Business Machines Corporation (IBM) and Delta Air Lines have entered a multi-year agreement under which IBM will assist Delta towards the public cloud, in order to increase its flexibility, innovation capabilities targeting digital transformation, and speed to market. IBM ...

Two Boeing Directors (Susan Schwab & Arthur Collins) To Step Down After Their Term Expires

As per reports, the board of Boeing Company (BA) informed that two veteran directors Susan Schwab and Arthur Collins will step down from the board after their term expire. Both the directors will not stand for re-election at the company's Annual Meeting of Shareholders. A former chairman and chief ...

Astronauts At The International Space Station Proceed With Testing Boeing’s Virus-fighting Surface Coating

As per reports, astronauts at the International Space Station (ISS) are conducting series of experiments with an antimicrobial surface coating designed by the joint research project including Boeing (BA) and the University of Queensland to fight the spread of viruses and bacteria, including the Eart...

bp Collaborates With IBM Quantum Network Encouraging Use Of Quantum Computing In Energy

As per reports, bp has joined the IBM Quantum Network (IBM) to enhance the use of quantum computing in the energy industry. As an industry partner, bp will have access to IBM's quantum expertise, software, and cloud-based access to the largest universal quantum system available with a premium 65-qub...

Elon Musk’s SpaceX Value Jumps To $74B As It Raises $850M To Push Starlink & Starship Rocket Initiatives

As per reports, Elon Musk’s SpaceX has raised $850 million in equity funding last week sending the company’s valuation to $74 billion. SpaceX is simultaneously developing and investing in its two ambitious and capital-intensive projects Starlink and Starship rocket. Starlink is a highly anticip...

North America’s Leading Online Grocery Platform, Instacart Acquires 250 Patents From IBM

Reportedly, Instacart, the leading online grocery platform in North America, has acquired over 250 patents from International Business Machines Corporation (IBM). Both IBM and Instacart have entered into a mutual patent cross-license. The deal allows Instacart to strengthen its own patent portfolio,...

Cisco Releases Q2 Earnings

Cisco Systems, Inc. (CSCO) reported second-quarter earnings this week, exceeding analyst estimates. The technology giant's earnings rose 2% to 79 cents a share from a year earlier. Revenue stood at $12 billion, nearly flat versus the year-earlier period. Analysts had expected Cisco earnings of 76 ce...

Apple’s Tim Cook’s Understands The World Better Than Many Others

Team Player, problem Solver, a sensible player, and a design genius Apple (AAPL) CEO Tim Cook took over from Steve Jobs on 25 August 2011 from his previous position as COO leading Apple to become a $2.3 Trillion unbeatable company. “Tim may not be able to design a product like Steve. But Tim un...

Salesforce Schedules Q4 & Full Year Fiscal 2021 Results On Feb 25

Reportedly, Salesforce to announce its Q4 and fiscal 2021 financial results on Thursday, February 25, 2021, after the market closes. Salesforce to conduct a conference call to review and discuss its financial results with investors at 2:00 p.m. (PT) / 5:00 p.m. (ET).  The live webcast of the call a...

Verizon Reports Q4 Earnings, Stays Bullish On 2021 Outlook

Verizon Communications (VZ)  reported their Q4r earnings beating market estimates recently. Verizon reported an adjusted EPS of $1.21 excluding items and revenue dropped 0.2% to $34.7 billion, for the quarter ending December 31.  Verizon Media revenue increased by 11.4% to $2.3 billion on better-...

Boeing Elects Fortune’s ‘Most Powerful Women Award’ Winner Lynne Doughtie To Its Board Of Directors

Reportedly, The Board of Directors, Boeing Company (BA) has elected Lynne Doughtie to the board, replacing Caroline Kennedy who has resigned after three years of service. Lynne Doughtie, 58 the first woman to be elected U.S. Chairman and CEO of KPMG, retired from KPMG in 2020. Doughtie has been reco...

Apple Reports Strong Holiday-Quarter Earnings With Improved Wearables & iPhone Sales

iPhone maker, Apple Inc. (AAPL) reported strong earnings for the holiday quarter thanks to strong sales of iPhones, wearables, and services. The company earned $1.68 a share on sales of $111.44 billion in its fiscal first-quarter ending December 26. Analysts expected Apple earnings of $1.41 a share ...

Intel To Invest Additional $475 Million In Intel Products Vietnam Facility

Reportedly, Intel Corp (INTC) has invested an additional $475 million in its Intel Products Vietnam facility to improve technologies and further boost the production of its 5G products and core processors. The addition takes Intel's total investments in Vietnam to around $1.5 billion. "Intel Prod...

China’s State Administration for Market Regulation Issues Conditional Approval For Cisco – Acacia Deal

Reportedly, Cisco Systems, Inc . (CSCO) has received conditional approval from China’s State Administration for Market Regulation over the Acacia Communications Inc deal. The approval stated the companies agree to continue to honor contracts with existing clients in China for the next five years f...

Salesforce Kickoffs With Investment In India’s Darwinbox, A Developer of Human Resources Software

As per reports, Salesforce.com Inc. (CRM) is investing $15 million in an Indian company, Darwinbox. Darwinbox is a developer of human resources software serving several of Asia’s largest tech startups. Darwinbox is headquartered in Hyderabad, India and the start-up has already raised $35 million ...

IBM To Acquire Taos – A Top Cloud Professional Service Provider

As per reports, International Business Machines Corporation (IBM) to enter an agreement to acquire one of the largest multi-cloud consulting and managed services firms in North America, Taos.  The deal progresses IBM's cloud migration and transformation capabilities, deepening the company’s commi...

Intel Releases Quarterly Earnings- Bob Swan’s Finale

Intel Corporation (INTC) reported earnings this week, its last with Bob Swan serving as CEO role before Pat Gelsinger, Intel’s incoming CEO takes over. Here’s how the chip giant performed for the quarter ending December: Earnings per share (EPS) of $1.52 was reported versus $1.10 expected. ...

IBM Reports Declining Q4 Revenue, Shares Slide After The Release

International Business Machines Corporation (IBM) reported declining Q4 2020 revenue falling short of analyst’s estimates. The company reported earnings of $2.07 per share, versus $1.79 per share as expected by analysts. Revenue of $20.37 billion was reported versus $20.67 billion estimated by an...

Canada To Lift Ban On Boeing’s Grounded 737 Max Aircraft

Reportedly, Canada is lifting a near two-year flight ban on Boeing's (BA) 737 MAX aircraft on Jan. 20, grounded since March 2019 following two fatal crashes. Last year November, the United States allowed the aircraft to resume operations in the country. Regulator Transport Canada also informed that ...

Honeywell Introduces Reliable, Lighter Weight Cabin Pressure Control & Monitoring System For Aircrafts

Reportedly, Honeywell (HON) has introduced the next generation of its Cabin Pressure Control and Monitoring System, all-electric and much lighter-weight with applications in both commercial and military aircraft. The new version is available now for business and regional aviation as well as tactical...

Intel CEO Bob Swan To Step Down In February As VMWare CEO To Take Over

Reportedly, Intel Corporation (INTC), CEO Bob Swan to step down from his role as of Feb. 15. Swan was elected as the CEO of the company in January 2019 and earlier served as the interim CEO for seven months and as CFO since 2016. Pat Gelsinger, serving as CEO of VMWare since September 2012 is set t...

Intel’s Delayed 10-Nanometer Server Chips Are Reportedly On The Way for Q1 2021

Reportedly, Intel Corporation (INTC) is soon going to launch a server chip in large volumes built with its best production technique in the first quarter. This is seen as an attempt to convince its customers that its manufacturing operations are recovering from long delays. The Xeon Scalable third g...

Google Preparing To Add App Store Privacy Labels To Its iOS Apps

Reportedly, Alphabet Inc's Google (GGO) to add App Store privacy labels to applications using the iOS operating system from Apple (AAPL), as soon as this or next week. The new policy, a part of the company’s larger privacy push, requires developers to disclose how data is collected from App Store ...

Cisco Secures Court Order Which Blocks Acacia’s Cold Feet

As per reports, Cisco (CSCO) has been successful in gaining a temporary court order blocking Acacia Communications Inc. from dropping out of a planned merger between the two companies. Acacia was sued by Cisco in Delaware Chancery Court last week. After the hearing, Chancellor J. Travis Laster grant...

Apple’s Executive Bonuses Will Be Based On Company’s Social Environmental Goals

Reportedly, Apple Inc. (AAPL) to modify executive cash bonuses based on progress toward the company's social and environmental goals, the company said in its annual proxy filing this week. "Beginning in 2021, an environmental, social, and governance modifier based on Apple Values and other key co...

Apple Entering Interesting Partnership With Hyundai For The Launch Of Electric Vehicle

Hyundai Motors and Apple Inc. (AAPL) to enter a partnership for the production of autonomous Apple electric cars by March with production starting as early as 2024 in the United States, as reported by a local newspaper Korea IT News. The companies plan to build the cars at Kia Motors', (an affiliat...

Boeing Fined $2.5B As Penalty To Resolve Fraud Charges Over Its 737 Max Aircraft

Reportedly, Boeing (BA) is reportedly pay more than $2.5B in penalties, including nearly $1.8 billion in compensation for airlines, to resolve charges for misleading U.S. aviation authorities with wrong information related to its 737 Max aircraft, informed the Justice Department. The investigation f...

Qatar Airways Cargo Adds 3 Boeing 777 Freighters To Its Fleet Of Cargo Division

Reportedly, Boeing (BA) has delivered three 777 Freighters to Qatar Airways Cargo as the airline continues to build its cargo division with the world's largest and most capable twin-engine freighter, marking the 200th 777 Freighter to be delivered. With the new addition of 777 Freighters, Qatar Airw...

Sichuan Airlines Selects Honeywell To Provide 131-9A Auxiliary Power Units For 93 New A320 Aircraft

As per reports, Honeywell (HON) has been selected by Sichuan Airlines to provide 131-9A auxiliary power units (APUs) for its 93 new A320 aircraft (entering service by 2025) as a part of its five-year agreement, marking the largest APU retrofit deal in Honeywell's history. The airline will also repla...

Apple’s Supplier Foxconn May Fund Chinese EV Startup, Byton Ltd

Recently, major tech companies are investing further into the development next-generation cars, including all-electric vehicles and smart technologies. Reportedly, Apple Inc’s (AAPL) Taiwan based supplier Foxconn Technology Group is in talks to enter a deal with Chinese electric-vehicle startup B...

EV Giant Tesla Recently Released Q4 2020 Vehicle Production & Deliveries

Electric Car company, Tesla (TSLA) recently reported its Q4 2020 vehicle production and deliveries that beat wall street's expectations. Its Model Y production in Shanghai has started, with deliveries expected to begin shortly. Below is the summarized report: Quarter 4, 2020: Model S/X reported pr...

EV Maker Tesla Gearing Up To Sell Model Y SUVs In China – The World’s Biggest Car Market

Reportedly, Electric Vehicle maker Tesla Inc. to start delivering China-made Model Y sport-utility vehicles (SUV) this month expanding sales in the world's biggest car market. China which is Tesla’s largest market after the U.S is offering huge subsidies for electric vehicles as it plans to cut ...

Banco Santander Signs ~$700M 5-Yr Global Tech Deal With IBM

As per reports, International Business Machines Corporation (IBM) has entered a five-year global technology agreement with Banco Santander valued at approximately $700M to accelerate Santander Group's growth and deepen its business transformation. The agreement is expected to enable Santander Group...

Apple To Team With Healthvana To Track COVID-19 Vaccine Users

Reportedly, a health startup Healthvana to team up with Apple (AAPL) to enable COVID-19 vaccine tracking in Apple Wallet in partnership with Los Angeles County in order to digitize the information and assist users with their second dose notifications. The offering will first be introduced in Los Ang...

YOUR GUIDE TO STAYING INFORMED IN THE MARKETS

Subscribe for FREE Email Updates & Access To EXCLUSIVE Research!

Connect with us