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Gold, Silver, Interest Rates, Oil, Fear, & Stock Volatility Jumped This Week – $GLD $INDP $META $SIL $VIX Rise!

Quote of the Day: "They always say time changes things, but you actually have to change them yourself." - Andy Warhol       Happy Saturday! I hope you all had a great week and that you managed to build you knowledge and your net worth.  As for the broad markets, stocks overall...

Fed Serves Dovish Tone & Stocks Rock Higher This Week – $ADT $ALAB $GOOG $INDP $INVO $LTRN $MODD $NVDA Rise!

Quote of the Day: "Success is the sum of small efforts - repeated day in and day out." -  Robert Collier       Happy Saturday! I hope you all had a great week and that you managed to increase your wealth.  As for the broad markets, the stocks overall closed significantly high...

Interest Rates & Oil Surge While Stocks Drift Lower This Week – $AAPL $GOOG $LTRN $MSFT $SIL Rise!

Quote of the Day: "The secret of happiness is something to do." - John Burroughs       Happy Saturday! I hope you all had a marvelous week in the markets and all is good in your part of the world. As for the broad markets, the stocks overall ended flat to lower this week across...

Large Caps Pullback While The Smalls Spring Foward This Week – $INDP $LTRN $META $NVDA $PLTR $SIL $SMCI Rise!

Quote of the Day: "The world of reality has its limits; the world of imagination is boundless." - Jean-Jacques Rousseau       Happy Saturday! I hope you all had a wonderful week in the markets and otherwise. As for the broad markets, the large cap stocks overall pulled back, w...

NASDAQ Leaps To All-Time New High As AI, Russell 2000, Biotech, & Bitcoin Sprint This Week – $AMZN $CRM $INDP $INVO $LTRN $META $MODD $NVDA $TSLA $XBI Rise!

Quote of the Day: "The world of reality has its limits; the world of imagination is boundless." - Jean-Jacques Rousseau   Happy Saturday! I hope you all had a great week and that you manage to grow your wealth in many ways during this Leap year and as we completed the first trading day of ...

Magnificent Seven & AI Stock Mania Led Robust Large Cap Weekly Advance – $INDP $INVO $META $MODD (+41.83%) $NVDA $SHIP $XBI Rise!

Quote of the Day: "You begin with the possibilities of the material." - Robert Rauschenberg     Happy Saturday! I hope you all had a fantastic week. As for me, I hunkered down here in San Francisco after President's Day, successfully catching my breath post a solid period of traveling...

Large Caps See Roller Coaster Ride As Interest Rates & Russell 2000 Move Higher – $ARKK $IWC $IYH $META $NVDA $TSLA $XBI Rise!

Quote of the Day: "You begin with the possibilities of the material." - Robert Rauschenberg     Happy Saturday! I hope you all had a fantastic week. As for me, I once again spent the first part of the week in San Francisco meeting with CEO's of some interesting companies, prospective ...

S&P 500 Surpasses 5k As Interest Rates Jump This Week – $ADT $ARKK $BTC $GOOG $INDP $IWC $NVDA Rise!

Quote of the Day: "The only Zen you can find on the tops of mountains is the Zen you bring up there." - Robert M. Pirsig     Happy Saturday! I hope you all had a great week. As for me, I spent the first part of the week in San Francisco meeting with CEO's of some interesting companie...

Large Caps Soar To Fresh Record Highs As Interest Rates & Oil Prices Pullback – $AMZN $DECK $INDP $LTRN $META $MRK Rise!

Quote of the Day: "The only Zen you can find on the tops of mountains is the Zen you bring up there." - Robert M. Pirsig     Happy Saturday! I hope you all had a great week. As for me, I travelled to Dallas, Texas this week to co-host two Complimentary CEO Presentation and Q&A Di...

Soft Landing & AI Rhetoric Fuels Weekly Stock Market Gains – $ADT $BFRG $CRBP $DECK $LTRN $MODD $MSFT $NVDA Rise!

Quote of the Day: "Leadership is the capacity to translate vision into reality." - Warren Bennis     Happy Saturday! I hope you all had a great week. I spent this week in San Francisco, but will be heading out to Dallas, Texas next week to co-host two Complimentary CEO Presentation a...

Dow, S&P & AI Stocks Soar To Record Highs As Interest Rates Jump This Week – $AAPL $BFRG $DECK $INDP $LTRN $NVDA Rise!

Quote of the Day: "A man should always consider how much he has more than he wants." - Joseph Addison     Happy Saturday! I hope you all had a fantastic week. I am happy to report that I flew to Miami and West Palm Beach, FL for the first time since Covid reared its ugly head or nearl...

Yield Curve & Small Caps Pull Back While Large Caps Rise This Week – $INDP $SONO $STNE Rise!

Quote of the Day: "You can't expect to hit the jackpot if you don't put a few nickels in the machine." - Flip Wilson     Happy Saturday! I hope all proceeded as planned or even better in this second week of the new year. As for the broad markets, the large caps faired fairly well, h...

Interest Rate & Red Sea Worries Increase While Stocks Suffer To Begin 2024 – $INDP $IYH $META $MODD $MRNA $NVS $SHIP $VYGR Rise!

Quote of the Day: "Happiness is good health and a bad memory." -  Ingrid Bergman     Happy Saturday & HNY! I hope all went for you during this first week of 2024. As for the broad markets, the end of 2023's Santa Rally was met by a grinch of sorts that came in the form of worri...

Santa Rally Proves Positive While Interest Rates & Oil Prices Drop Into The New Year – $ADT $DECK $LTRN $MODD $SHIP $STNE $XBI Rise!

Quote of the Day: "We pass through this world but once." - Stephen Jay Gould     Happy Saturday! I hope that you had a great last week of 2023 and are out enjoying your long New Year's Holiday Weekend.  As for the broad markets, the Santa Rally continued to produce profits for many...

Growth & Biotech Stocks See Outsized Gains As Interest Rates Drop This Week – $ARKK $GOOG $KRTX $MODD $STNE $XBI Rise!

Quote of the Day: "Christmas waves a magic wand over this world, and behold, everything is softer and more beautiful." - Norman Vincent Peale     Happy Saturday! I hope that you had a marvelous week and are out and about enjoying this holiday season.  As for the broad markets, stoc...

The Fed Provides Holiday Dovish Gift For Investors This Week – $ADT $ARKK $LTRN $SHIP $SONO $STNE $XBI Rise!

Quote of the Day: "Nothing can have value without being an object of utility." - Karl Marx     Happy Saturday! I hope that you had a great week my friends.  As for the broad markets, stocks, especially growth oriented equities, seemed to be blessed once again after The Fed moved to...

Large Caps Overall Positive This Week

Quote of the Day: "Always turn a negative situation into a positive situation." - Michael Jordan     Happy Saturday! I hope that you had a great week wherever the world took you.  As for the broad markets this week, large caps stocks overall had a positive, albeit modest gain of we...

Growth Stocks, Biotech & Bitcoin Leap Ahead As Interest Rates Dive This Week – $ADT $INDP $MODD $SHIP $STNE $XBI Rise!

Quote of the Day: "Courage is found in unlikely places." - J. R. R. Tolkien     Happy Saturday! I hope you had a productive week.  As for the broad markets this week, stocks overall had a positive move broadly as we closed out a mor than solid November and kicked off the last month ...

3M Declares $1.50 Per Share Dividend For Q4 2023 – $MMM $DIA $SPY $MODD

As per reports, the Board of Directors at 3M (MMM) announced a dividend of $1.50 per share on the company's common stock for the fourth quarter of 2023. Shareholders of record as of November 17, 2023, will receive the dividend on December 12, 2023. 3M has maintained an unbroken record of paying divi...

Microsoft’s Shares Price Reached record High On AI Research Unit News – $MSFT $DIA $QQQ $LTRN

Reportedly, Microsoft Corp. (MSFT) reached a record high when it appointed OpenAI co-founders Sam Altman and Greg Brockman to head its newly established internal advanced artificial intelligence research team. Simultaneously, OpenAI's board appointed Emmett Shear, the former CEO of Twitch, to replac...

Salesforce Shifts Q3 Fiscal Year 2024 Results Release Date For Executive Convenience – $CRM $DIA $SPY $LTRN

As per reports, Salesforce (CRM) has announced a change in the release date for its third-quarter fiscal year 2024 results. The results will now be disclosed on Wednesday, November 29, 2023, after the market closes, instead of the initially scheduled date of Thursday, November 30, 2023. This adjustm...

Thanksgiving Holiday-Shortened Week Ends With A Win – $DECK $INDP $LTRN $MODD $SHIP $SONO $STNE Rise!

Quote of the Day: "One that would have the fruit must climb the tree." - Thomas Fuller     Happy Saturday! I hope all proceeded along a positive trend this week for you and yours. As for the broad markets this week, stocks moved higher albeit on lower trading volume totals, but neve...

Growth, Small, & MicroCap Stocks Lead The Way This Week – $ADT $ARCC $IWC $LTRN $PEN $SONO $TSLA $XBI Rise!

Quote of the Day: "Someone is sitting in the shade today because someone planted a tree a long time ago." - Warren Buffett     Happy Saturday! I hope all proceeded along a positive trend this week for you and yours. As for the broad markets this week, stocks saw a significantly posi...

Apple To Pay $25M To Settle Immigration-Related Hiring Claims – $AAPL $DIA $SPY $LTRN

 As per reports, Apple Inc. (AAPL) has agreed to a $25 million settlement with the U.S. Department of Justice (DOJ) to resolve allegations that the company showed a preference for immigrant workers over U.S. citizens and green card holders in certain job opportunities. The DOJ claims th...

Salesforce Elevates Denise Dresser To CEO Role At Slack Amid Leadership Transition – $CRM $DIA $SPY $LTRN

As per reports, Salesforce Inc. (CRM) has appointed Denise Dresser as the new Chief Executive Officer (CEO) of Slack, promoting an internal executive with a long-standing tenure in the company. Dresser assumes leadership at Slack following the departure of the previous CEO, Lidiane Jones, who recent...

Salesforce Invites Investors To Q3 FY2024 Financial Results Conference Call – $CRM $DIA $SPY $LTRN

Reportedly, Salesforce (CRM), a leading provider of CRM solutions worldwide, has revealed that it will publish its financial results for the third quarter of fiscal year 2024 on Thursday, November 30, 2023, after the market closes. The company is set to conduct a conference call at 2:00 p.m. (Pacifi...

Magnificent Seven & Large Caps Lead Weekly Gains As Small Caps Pull Back – $AAPL $BTC $DECK $INVO $LTRN $NVDA Rise!

Quote of the Day: "We relish news of our heroes, forgetting that we are extraordinary to somebody too." - Helen Hayes     Happy Saturday! I hope that you had a wonderful week and that you are enjoying a weekend with you and yours that is exceeding your expectations.  After last wee...

The Stock Market Produces Broad Outsized Gains This Week As Interest Rates Surf South – $ADT $AMZN $AAPL $DECK $INDP $LTRN $NVDA $XBI Rise!

Quote of the Day: "A life spent making mistakes is not only more honorable, but more useful than a life spent doing nothing." - George Bernard Shaw   Happy Saturday! I hope that you had a wonderful week and are out an about enjoyable an amazing weekend. As for the broad markets this week,...

S&P 500 Legs Lower Into Correction Territory This Week – $AMZN $DECK $INVO $MSFT $SIL $VIX Rise!

Quote of the Day: "Everything in the world may be endured except continual prosperity."  - Johann Wolfgang von Goethe   Happy Saturday! I hope that you had a great week and that you are out enjoying yourself in a safe a prosperous area of the world. As for the broad markets this week, in...

10-Year Yield, Geopolitical Uncertainty, & Volatility Jump As Stocks Selloff This Week – $BTC $INDP $LBRT $NFLX $OLK $SIL $VIX Rise!

Quote of the Day: "Nine-tenths of wisdom is being wise in time." - Theodore Roosevelt   Happy Saturday! I hope that you had a marvelous week.  As for the broad markets this week, investors were were once again besieged with a number of issues including global geopolitical uncertainty and...

Escalating Global Risks & Tax Selling Weighed Heavily On Growth Stocks This Week – $AMZN $DG $LTRN $RVMD $SHIP Rise!

Quote of the Day: "Change before you have to." - Jack Welch   Happy Saturday! I hope that you had a wonderful week.  As for the broad markets this week, investors were were plagued with a number of issues including global unrest associated with the ongoing and escalating conflicts and the ...

Magnificent Seven, Interest Rates Charge Higher As Oil Falls This Week – $ADT $AAOL $MRTX $NUVL $META $SHIP $TSA Rise!

Quote of the Day: "Our deeds determine us, as much as we determine our deeds." - George Eliot   Happy Saturday! I hope all went well for ups and umpire this week.  As for the broad markets this week, the stock indices managed to bounce about throughout the week seemingly riding the...

Stocks Close Out Negative Week/September With Government Shutdown & Higher Rates In View – $ARKK $BRQS $INDP $NVDA $TSLA Rise!

Quote of the Day:  "The Universe is under no obligation to make sense to you." - Neil deGrasse Tyson   Happy Saturday! I hope that the world saw it your way this week. As for the broad markets this week, the stock indices managed to selloff again overall except for the Nasdaq that eked...

Fed’s Hawkish Demeanor Ignites Fears & Fuels Stock Market Selloff This Week – $ATOS $CART $KVYO $SIL $SHIP $VIX Rise

Quote of the Day: "Care and diligence bring luck." - Thomas Fuller   Happy Saturday! I hope that you had a marvelous week wherever the world took you. As for the broad markets this week, the stock indices managed to selloff strongly throughout the week and seemed to pick up speed as th...

Microsoft’s CPO, Panos Panay, Departs After Pioneering Surface Line & Windows 11 – $MSFT $DIA $QQQ $LTRN

As per reports, the chief product officer at Microsoft (MSFT) responsible for the introduction of the Surface line of computers and Windows 11, Panos Panay, is departing the company after nearly two decades of service. Yusuf Mehdi, another longstanding executive, will assume leadership responsibilit...

Foxconn’s Bold Expansion Plans In India Amid Shifting Global Manufacturing Landscape – $AAPL $DIA $SPY $LTRN

Reportedly, Foxconn Technology Group, an Apple Inc. (AAPL) partner, is planning to double its investments and workforce in India. This reflects a growing trend of shifting manufacturing away from China due to increasing tensions between the US and China. The Taiwanese company is consid...

Oil Prices Jump, Core CPI Drops As Stocks Straddle This Week – $ADT $ARM $INDP $RYZB $SHIP $SIL $TSLA Rise

Quote of the Day: "Nobody made a greater mistake than he who did nothing because he could do only a little." - Edmund Burke   Happy Saturday! I hope that you had a wonderful week and are out and about enjoying the weekend. As for the broad markets this week, the stock indices managed ...

Verizon Implements Price Increases On Wireless Plans To Boost Revenue – $VZ $DIA $INDP

As per reports, Verizon Communications, Inc. has decided to increase the rates for certain current wireless plans as a strategy to enhance revenue and counter the decline in subscriber growth. Commencing from September billing cycles, customers enrolled in Mix and Match plans will experience an adju...

Apple’s Latest Innovations: iPhone 15, Apple Watch & More – $AAPL $SPY $DIA $BRQS $LTRN

Reportedly, Apple (AAPL) hosted its annual iPhone launch event at Apple Park, the company's Cupertino, California headquarters. During this event, Apple unveiled its latest products, including the iPhone 15 and iPhone 15 Plus, which come with USB-C charging and start at a base price of $799. Additio...

Salesforce Initiates Further Workforce Reductions Beyond Initial Plan – $CRM $DIA $SPY $LTRN

As per reports, Salesforce Inc. (CRM) recently made additional job cuts that go beyond the previously stated 10% reduction as part of their renewed focus on profitability. These cuts are separate from the companywide reduction announced in January and affected around 50 roles. Specifically, sales an...

Apple’s September 12 Event: New iPhones & Smartwatches – $AAPL $DIA $LTRN

As per reports, Apple (AAPL) announced that it is planning to hold its autumn event on September 12, setting the stage for what analysts predict will involve the introduction of a fresh lineup of iPhones and smartwatches. The venue for this event will be the Steve Jobs Theater located at the company...

Stocks Surf South During Holiday-Shortened Week – $BRQS $INDP $META $MSFT Rise

Quote of the Day: "A man who is a master of patience is master of everything else." - George Savile   Happy Saturday! I hope that you had a great holiday-shortened week and are out enjoying yourself. As for the broad markets this week, the stock indices took a significant turn for the w...

IBM Concludes Apptio Inc. Acquisition: Elevating Tech Management Solutions – $IBM $DIA $LTRN

Reportedly, International Business Machines Corporation has successfully finalized its acquisition of Apptio Inc. following the necessary regulatory approvals. This acquisition empowers clients to extract added value from the synergistic merger of Apptio and IBM. This completion unites Apptio's lea...

Verizon Teams Up With HCL Tech To Transform Wireline Operations & Enhance Customer Services – $VZ $DIA $SPY $LTRN

As per reports, Verizon Communications, Inc. (VZ) announced that it has entered into a technological agreement with HCLTech, a company based in India. This collaboration aims to oversee network management for their corporate clientele, with the intention of addressing the decline in their wireline b...

Interest Rates Drop In Concert With Stocks & Oil Prices Leaping Forward This Week – $AAPL $ADT $INDP $NVDA $SHIP $TSLA Rise

  Quote of the Day:  "Once you replace negative thoughts with positive ones, you'll start having positive results." - Willie Nelson   Happy Saturday! I hope that you had a wonderful week and are out enjoying the extended Labor Day Weekend.  As for the broad markets this week, t...

Synopsys & Intel Forge Partnership To Integrate Technical Building Blocks Into Chip Design -$INTC $SNPS $DIA $SPY $LTRN

Reportedly, Synopsys (SNPS), a company specializing in chip design tools, and Intel Corporation (INTC) unveiled a collaborative agreement. Under this partnership, Synopsys' collection of technical building blocks will be integrated into Intel's offerings, aiming to enhance the chip design process. ...

Intel’s $5.4B Purchase Of Tower Semiconductor Falls Through Due To Geopolitical Factors – $INTC $DIA $LTRN

As per reports, Intel Corporation (INTC) has decided to cancel its previously planned acquisition of Israeli contract chipmaker Tower Semiconductor Ltd, a deal worth $5.4 billion. This decision comes as the merger agreement between the two companies lapsed due to the absence of regulatory cleara...

Nasdaq Sees Solid Weekly Rebound With Magnificent Seven Leadership – $AAPL $LTRN $MSFT $NVDA $TSLA $XBI Rise

  Quote of the Day: "Success in creating AI would be the biggest event in human history. Unfortunately, it might also be the last, unless we learn how to avoid the risks." - Stephen Hawking   Happy Saturday! I hope that you had a wonderful week.  As for the broad markets this wee...

Stocks Suffer Another Significant Weekly Decline – $ADT $AMAT $TGT $TJX $VIX Rise

  Quote of the Day: "Endurance is nobler than strength, and patience than beauty." - John Ruskin   Happy Saturday! I hope that you experienced great success in the markets and otherwise this week.  As for the broad markets this week, the stock indices unfortunately headed overall south ...

The Dow 30 Wins The Weekly Race As Energy Soars And Inflation Tames – $ADT $CVX $LTRN $MRTX $SHIP Rise!

  Quote of the Day: "Act as if what you do makes a difference. It does." - William James   Happy Saturday! I hope that you had a great week and are out enjoying one of the last weekends of the summer. As for the broad markets this week, the stock indices headed overall south, except f...

Interest Rates & Oil Jumped As Stocks Headed South This Week – $CORT FSLY $LTRN $NARI $VIX Rise!

  Quote of the Day:  "Let us be grateful to people who make us happy, they are the charming gardeners who make our souls blossom." -  Marcel Proust   Happy Saturday! I hope that you had a great first week of August and are out enjoying a beautiful weekend day. I am spending my la...

Save the Date: Cisco’s Financial Results Announcement – $CSCO

Reportedly, Cisco Systems, Inc. (CSCO) to hold conference call on Wednesday, August 16, 2023, at 1:30 PM (PT) / 4:30 PM (ET). The release will unveil financial results for both the fourth quarter and fiscal year 2023, for the period ending on Saturday, July 29, 2023. For those interested in the deta...

Resilient Growth, Cooling Inflation Data Drives Stocks North This Week – $AAPL $AARK $BRQS $INM $INVO $LTRN $META $NVDA $TSLA Rise!

  Quote of the Day: "With the past, I have nothing to do; nor with the future. I live now." - Ralph Waldo Emerson   Happy Saturday! I hope that you had another wonderful week as we successfully and rapidly push later into the summer and have now reached the end of July. As for the br...

Banks, Health Care & Energy Stocks Led The Way This Week – $BRQS $IBB $IBM $INM $IYH $JNJ $KBE $TRV Rise!

  Quote of the Day:  "Let us be grateful to people who make us happy, they are the charming gardeners who make our souls blossom." -  Marcel Proust   Happy Saturday! I hope that you had another week and that you are out enjoying a great summer weekend. I am enjoying the weekend a...

US Dollar & Interest Rates Fall As Stocks Rise Significantly This Week – $ADT $ATOS $APGE $ARKK $AZTR $BRQS $META $RXRX Rise!

  Quote of the Day:  "Strength and growth come only through continuous effort and struggle." - Napoleon Hill   Happy Saturday! I hope that you had another week and that you are out enjoying a great summer weekend.  As for the broad markets this week, stocks moved significantly high...

Did NVIDIA’s $50M Investment In Recursion Just Open Up A Floodgate For AI Firm’s To Invest in Biotech? – $NVDA $RXTX $LTRN $META

The title of this story 'Did NVIDIA's $50M Investment In Recursion Just Open Up A Floodgate For AI Firm's To Invest in Biotech?' poses a very interesting question that many investors have on their minds today and that many more investors should possibly be pushing to the top of their collective mind...

Second Half Kicks Off With Equities Pulling Back During This Holiday-Shortened Week – $ADT $AI $AZTR $INM $LTRN $META TSLA Rise!

  Quote of the Day:  "Strength and growth come only through continuous effort and struggle." - Napoleon Hill   Happy Saturday! I hope that you had a wonderful holiday-shortened week and kicked off the second half with a bit of gusto.  As for the broad markets this week, stocks move...

Stock Market Ends First Half Solidly As Nasdaq Leads All – $AAPL $ADT $AI $ATOS $INVO $LTRN $TSLA Rise!

  Quote of the Day:  "Science may never come up with a better office communication system than the coffee break." - Earl Wilson   Happy Saturday! I hope that you had a great week,  already enjoyed your first cup of Joe this morning, and that you have great plans ahead for your weeke...

OptumRx Adds Boehringer Ingelheim’s Arthritis Drug Cyltezo To Preferred Brand List – $ABBV $UNH $DIA $LTRN

As per reports, Boehringer Ingelheim's Cyltezo is the second interchangeable biosimilar product to be approved  by the FDA  and the first interchangeable monoclonal antibody  to treat certain inflammatory diseases including arthritis is comparable to AbbVie Inc.'s (ABBV) popular arthritis medica...

UnitedHealth Group Sweetens Offer, Acquires Amedisys For $3.3B – $UNH $AMED $DIA $LTRN

Reportedly, Amedisys (AMED), a provider of home health and hospice care, has accepted a revised cash offer of $3.3 billion from UnitedHealth Group Incorporated (UNH) , thereby terminating its previous all-stock agreement with Option Care Health. UnitedHealth has increased its acquisition price to $...

Artificial Intelligence Co., Lantern, Data Published Demonstrating Antitumor Potency In Non-Hodgkin’s Lymphomas – $LTRN

"Non-Hodgkin’s lymphoma (NHL) is the seventh leading cause of cancer in the US, with 20-40% of patients experiencing relapsed or refractory disease with limited or no therapeutic options. Today, June 26, Lantern Pharma Inc. (NASDAQ: LTRN), an artificial intel...

Teleperformance Unveils TP GenAI In $185M Partnership With Microsoft – $MSFT $SPY $DIA $LTRN

As per reports, France's Teleperformance has announced a partnership with Microsoft (MSFT) worth $185 million. This collaboration aims to launch TP GenAI, the company's proprietary generative AI solution, which utilizes algorithms like ChatGPT to generate new content, including audio, text, and simu...

Stocks Drive Lower Across The Board During Holiday-Shortened Week – $AAPL $BTC $IYH $KMX $TSLA Rise!

  Quote of the Day:  "If everyone is moving forward together, then success takes care of itself." - Henry Ford   Happy Saturday! I hope that you had a fantastic week. I am glad to report that I made it back safely from my annual camping trip to Samuel P. Taylor Campground in NorCal a...

Microsoft’s Latest #AI Upgrades: Enhancements To ChatGPT, Bing & Cloud Services – $MSFT $DUA $QQQ $LTRN

As per reports, Microsoft Corp (MSFT) unveiled a range of AI enhancements, aiming to bridge the gap with Google, owned by Alphabet Inc. These upgrades include improvements to ChatGPT, Bing search engine, and cloud services. One significant update is the integration of live search results from Bing ...

The ‘Magnificent Seven’ Leads Stocks Higher As The Fed Pauses This Week – $AAPL $ADT $BRQS $KDNY $LTRN $META $NVDA $TSLA Rise!

  Quote of the Day:  "Hope is like the sun, which, as we journey toward it, casts the shadow of our burden behind us."- Samuel Smiles   Happy Saturday! I hope that you had a marvelous week. I wrapping up my annual camping trip at Samuel P. Taylor and its beauty and relaxed attitude w...

NIKE, Inc. To Unveil Q4 Fiscal 2023 Financial Results – $NKE $DIA $SPY $BRQS

Reportedly, NIKE, Inc. (NKE) has scheduled the release of its financial results for the fourth quarter of fiscal year 2023 on Thursday, June 29, 2023, at approximately 1:15 p.m. PT, after market closes. After the announcement, NIKE, Inc. management will host a conference call at 2:00 p.m. PT to revi...

Intel Reveals New Details On Upcoming AI Chip To Compete With Nvidia & AMD – $INTC $NVDA $AMD $LTRN

Reportedly, Intel Corporation (INTC) disclosed additional details about its upcoming chip for artificial intelligence (AI) computing. The chip, codenamed "Falcon Shores," is scheduled for release in 2025. In an effort to rival Nvidia Corp and Advanced Micro Devices Inc, Intel is shifting its strateg...

Search Underway At Verizon For Finance Chief & Successor To CEO – $VZ $DIA $SPY $BRQS

Reportedly, Verizon Communications (VZ) is in the process of searching for a new finance chief, with the potential for the chosen candidate to eventually succeed CEO Hans Vestberg.  In March, the company underwent a reshuffling of its senior leadership roles, appointing Tony Skiadas as the replace...

Intel Plans To Raise $1.48B Through Sale Of Mobileye Holdings – $INTC $DIA $MBLY $LTRN

As per reports, Intel Corporation (INTC) intends to sell a portion of its holdings in Mobileye Global Inc., generating approximately $1.48 billion to support its ambitious investment strategies. The American company plans to offer 35 million shares of the Israeli automated driving technology maker, ...

Microsoft Transfers Top #AI Researchers From China To Canada, Impacts Talent Pool – $MSFT $DIA $QQQ $LTRN

Reportedly, Microsoft (MSFT) is transferring some of its top artificial intelligence researchers from China to Canada, posing a potential threat to China's technology talent pool. Microsoft Research Asia (MSRA), based in Beijing, has initiated the process of obtaining visas for relocating key AI ex...

Salesforce Inc. Announces Major Leadership Changes Under CEO Marc Benioff – $CRM $DIA $INVO

As per reports, Salesforce Inc (CRM) under the leadership of CEO Marc Benioff, has announced significant changes in its top management. Miguel Milano has been appointed as the new chief revenue officer, while Ariel Kelman will assume the role of chief marketing officer. Milano is returning to Salesf...

Intel In Talks With Arm For Major Investment In IPO – $INTC $DIA $NVDA $LTRN

Reportedly, Intel Corporation (INTC) is currently engaged in discussions with Arm, a subsidiary of SoftBank Group Corp, to become a significant investor in Arm's upcoming initial public offering (IPO) of shares. According to a report, Arm intends to list its shares on Nasdaq later this y...

Apple & Broadcom Extend Partnership With New 5G RF Component Agreement – $AAPL $BCOM $QQQ $BRQS

Reportedly, Apple (AAPL) has entered into a new agreement with Broadcom Inc., spanning multiple years and involving a substantial investment, to acquire 5G radio frequency components for its devices. This collaboration extends the relationship between the two tech giants, which has had its share of ...

Overall Bullish Week Heading Into Next Wednesday’s FOMC Interest Rate Decision – $AAPL $AARK $ADT $FARM $INM $KRE $LTRN $TSLA Rise!

  Quote of the Day:  "Hope is like the sun, which, as we journey toward it, casts the shadow of our burden behind us."- Samuel Smiles   Happy Saturday! I hope that you had another great week as we moved forward and deeper into the month of June. As for the broad markets this week, s...

AI, Debt Ceiling & Interest Rate Relief Powers Stocks Forward This Week – $AAPL $AI $ARKK $KDNY $LTRN $MRVL $TSLA Rise!

  Quote of the Day:  "Patriotism is supporting your country all the time, and your government when it deserves it." - Mark Twain   Happy Saturday! I hope that you had a great week as we welcomed in June. As for the broad markets this week, stocks moved higher this week as US debt ce...

AI Euphoria Propels NASDAQ Megas Higher Despite Debt Ceiling & Inflation Worries – $AAPL $AI $ATOS $META $MRVL $NVDA $TSLA Rise!

  Quote of the Day:  "Patriotism is supporting your country all the time, and your government when it deserves it." - Mark Twain   Happy Memorial Day Weekend! I hope that you have experienced continued success this week and found many ways to increase wealth and happiness.  As for ...

Intel & SAP SE Collaborate To Enhance SAP Software On The Cloud – $INTC $DIA $QQQ $BRQS

Reportedly, Intel Corporation and SAP SE have joined forces in a strategic partnership aimed at delivering enhanced and sustainable SAP® software environments on the cloud. This collaboration is designed to empower customers with increased scalability, agility, and consolidation of their existing S...

IBM Launches WatsonX: The Next-Generation AI Platform For Enterprises – $IBM $DIA $SPY $BRQS

Reportedly, International Business Machines Corporation (IBM) has launched the latest iteration of its well-known artificial intelligence creation, Watson. WatsonX is a platform geared towards enterprises that leverage AI and data, and it follows the success of the original Watson, which...

Boeing Introduces Cascade: A Data Modeling Tool For Zero Aviation Emissions By 2050 – $BA $DIA $SPY $BRQS

Reportedly, Boeing Co. (BA) announced the introduction of Cascade, a data modeling tool designed to assist airlines and policymakers in determining the most efficient path to achieve zero aviation emissions by 2050. Cascade, which was initially unveiled as a beta version in July 2022, enables users...

Microsoft’s Acquisition Of Activision Cleared By EU Antitrust Regulators – $MSFT $ATVI $DIA $BRQS

Reportedly, the European Union's antitrust regulators approved Microsoft Corp's (MSFT) acquisition of Activision (ATVI), valued at $69 billion. The regulators stated that the concerns they had were adequately addressed by the remedies proposed by the American software company. "The commitments full...

Apple’s Plan For A Greener Future: 100% Recycled Cobalt In Batteries By 2025 – $AAPL $DIA $BRQS

As per reports, Apple (AAPL) has declared that it intends to utilize solely recycled cobalt in batteries by 2025 as part of its mission to achieve carbon neutrality for all its products by the end of the decade. To achieve this goal, Apple has stated that it will also use recycled rare earth element...

IBM Considers Selling Weather Business To Focus On Cloud & Software Services – $IBM $DIA

Reportedly, International Business Machines Corporation (IBM) is contemplating the sale of its weather business as the company prioritizes software and cloud services. The division was obtained through the acquisition of the Weather Channel and Weather Underground's apps and websites in ...

Debt Ceiling & Growth Concerns Persist As Stocks & Interest Rates Advance Weekly – $ATOS $BRQS $INM $INVO $META $MGRM $WAL $TSLA Rise!

  Quote of the Day:  "What would life be if we had no courage to attempt anything?" - Vincent Van Gogh   Happy Saturday! I hope that you experienced continued success this week both in the stock market and otherwise. As for the broad markets this week, stocks advanced across the boa...

Tesla Raises Prices Of Model 3 & Model Y After Earlier Cuts – $TSLA $SPY $BRQS

As per reports, Tesla (TSLA), has slightly increased the prices of its popular Model 3 sedan and Model Y SUV in both the United States and China after having made significant cuts earlier this year. The new $250 price hike is relatively small compared to the reductions the electric-car manufacturer ...

Investors Await Salesforce’s Q1 FY 2024 Earnings Report – $CRM $DIA $SPY $BRQS

Reportedly, Salesforce (CRM) plans to announce its Q1 FY 2024 financial results on Wednesday, May 31, 2023, after market closes. The company will conduct a conference call at 2:00 p.m. (PT) / 5:00 p.m. (ET) to discuss the financial outcomes with investors. Interested parties can view a live webcast ...

Nasdaq Rises, Balance of Stock Indices Drift Lower Into Mother’s Day Weekend – $ATOS $BRQS $FSLR $NXT $TM Rise!

  Quote of the Day:  "The biggest risk is not taking any risk... In a world that is changing really quickly, the only strategy that is guaranteed to fail is not taking risks." - Mark Zuckerberg   Happy Saturday! I hope that you experienced great success this week and are out enjoying...

Nasdaq Ticks Higher As The Fed Hikes Interest Rates – $AAPL $ATOS $BRQS $IMGN $IMN $INVO $KVUE $LLY $TSLA $XBI Rise!

  Quote of the Day:  "Our lives improve only when we take chances - and the first and most difficult risk we can take is to be honest with ourselves." - Walter Anderson   Happy Saturday! I hope that you had a wonderful week and successful grew your investment accounts.  As for the ...

AI Leaders To Meet With US Officials To Address Key Concerns – $MSFT $GOOGL $DIA $QQQ $INVO

Reportedly, the CEOs of Google (GOOGL), Microsoft (MSFT), OpenAI, and Anthropic are scheduled to meet with Vice President Kamala Harris and other top administration officials to discuss pressing issues related to artificial intelligence, including concerns about privacy violations, biases, and the p...

IBM Exceeds Q1 Expectations & Signals Strong Demand For IT Services – $IBM $DIA $INVO

Reportedly, International Business Machines Corporation (IBM) exceeded the expectations of Wall Street for its first-quarter profit and indicated that the demand for IT services was better than anticipated. In the first quarter, the company's software and consulting businesses increased by 6% and 8....

Large Caps Move North As Banks/Interest Rates/Oil/Small Caps Retreat This Week – $AAPL $BTC $DIS $MCD $NKE Rise!

  Quote of the Day:  "Action is the foundational key to all success." - Pablo Picasso   Happy Saturday! I hope that you had a wonderful week and managed to make a fortune in the markets. As for the broad markets this week, the large cap indices rose over the course of the week, whil...

Apple In Talks To Produce MacBooks In Thailand – $AAPL $DIA $INVO $BRQS

As per reports, Apple Inc (AAPL) is in discussions with suppliers to produce MacBooks in Thailand, as part of the company's plans to expand its manufacturing operations beyond China. Apple has been producing its Apple Watch in Thailand for more than a year. The move comes as Apple and its suppliers ...

Biotech & Small Caps Charge Forward As Large Caps Drifted Lower This Week – $BRQS $KDNY $IBB $INM $MCD $XBI Rise!

  Quote of the Day:  "Success is never final, failure is never fatal. It's courage that counts." - John Wooden   Happy Saturday! I hope that you had a super week and that you are out and about finding wonderful ways to make the most of your weekend.  I am happy to report that I am b...

Katie Cotton, The Iconic Communications Chief Of Apple Inc. Passed Away – $AAPL $DIA $SPY

Reportedly, Katie Cotton, the former Vice President of Communications at Apple Inc., (AAPL) recently passed away. Cotton was a crucial figure in the company's media strategy and launch events, serving in the role for almost two decades until her retirement in 2014. She was known for her ...

Apple Saw Global PC Shipments Drop – $AAPL $DIA

As per reports, recently IDC reported that Apple realized an a 29% decline in global PC shipments during Q1 2023, citing weak demand, excess inventory, and a deteriorating macroeconomic climate as factors. The report analyzed the top five PC companies, and Apple (AAPL) was found to have ...

Stocks Swing As Recessionary Data Arrives This Week – $AAPL $ATOS $BRQS $COIN $INM $JPM $NKE Rise!

  Quote of the Day:  "Innovation distinguishes between a leader and a follower." - Steve Jobs   Happy Saturday! I hope that you had a great week and are out making the most of your weekend.  I am happy to report that I am still in Arizona enjoying the heat as of the time of the publ...

Boeing To Report Q1 2023 Earnings & Host Conference Call On April 26th – $BA $DIA

Reportedly, aeropsace giant, Boeing (BA) is to release its first quarter earnings of 2023 on Wednesday, April 26th, followed by a conference at 10:30 a.m. ET, same day. Interested parties can join the conference call at https://events.q4inc.com/attendee/156333540 or by dialing 1-877-336-4436 within...

Slowing Economic Signs, Rising Oil Prices Cloud The Stock Market This Week – $AAPL $ATOS $DIS $IYH $MCD $XBI Rise!

Quote of the Day:  "The size of your success is measured by the strength of your desire; the size of your dream; and how you handle disappointment along the way." - Robert Kiyosaki   Happy Sunday! I hope that you had a wonderful week and are out enjoying you time off with friends and famil...

Chatbot Ban In Italy Draws Criticism From Deputy Prime Minister – $MSFT $DIA $QQQ $AI $INVO

As per reports, the Deputy Prime Minister of Italy expressed his disagreement with the government's Data Protection Authority for temporarily banning the chatbot ChatGPT, which is powered by artificial intelligence and backed by Microsoft's (MSFT) OpenAI. The ban was implemen...

Intel Announces Release Schedule For New Data Center Chips, Including Sierra Forest – $INTC $DIA $QQQ $INVO

Reportedly, Intel Corporation (INTC), a leading chip manufacturer in the U.S., has announced the release schedule for its latest semiconductor chips designed for data center customers. The company has confirmed that Sierra Forest, its first chip aimed at improving power efficiency, will be delivered...

Microsoft Unveils ‘Security Copilot’ To Enhance Cybersecurity Analysis With AI – $MSFT $DIA $SPY $QQQ $INVO

As per reports, Microsoft Corp (MSFT) launched a tool to assist cybersecurity professionals in identifying breaches and threat signals, and to better analyze data using OpenAI's latest GPT-4 generative artificial intelligence model. The tool, called 'Security Copilot', is a user-friendly prompt box ...

IBM Spinoff Kyndryl Holdings Inc. Follows Industry Trend With Employee Layoffs – $IBM $DIA $INVO

As per reports, Kyndryl Holdings Inc., a technology company that spun off from International Business Machines Corporation (IBM) in November 2021, has laid off a significant number of employees in the midst of a tumultuous period for the industry. Kyndryl took over a considerable portion of IBM's le...

FAA Works With Wireless Carriers To Ensure Safe Coexistence Of 5G & Aviation – $XZ $T $DIA $INVO

As per reports, the four major U.S. wireless carriers have informed the Federal Communications Commission (FCC) of their agreement to take voluntary actions to address aviation safety concerns and allow full use of the C-Band wireless spectrum for 5G use. This agreement follows extensive discussions...

Apple CEO Tim Cook Recently Met China’s Minister Of Commerce To Strengthen Ties – $AAPL $DIA $SPY $INVO

In recent times, Tim Cook, the CEO of Apple Inc., (AAPL) had a meeting with Wang Wentao, China's Minister of Commerce, to stress the importance of the relationship between the prominent US consumer tech company and its significant partner, especially considering the heightened tensions between Washi...

Microsoft’s Bing Search Engine Monetizes Chat Responses With Advertising Sales – $MSFT $DIA $QQQ $AI $INVO

Reportedly, Microsoft (MSFT) is monetizing Bing chat search engine by selling advertising space in its responses. This move demonstrates a potential revenue model for the company's artificial intelligence tool, which already boasts an impressive 100 million daily users. Bing's updated version offers...

Salesforce Considers Further Job Cuts To Improve Profitability – $CRM $DIA $SPY $INVO

Reportedly, Chief Operating Officer Brian Millham, Salesforce Inc. (CRM) may undergo another round of job cuts as the company aims to improve its profitability. Previously, the software company had been focused on hiring and making large acquisitions, but it is now redirecting its efforts towards ac...

Apple Launches Apple Pay Later Service For Flexible Payment Options – $AAPL $SPY $DIA $INVO

Reportedly, Apple Inc (AAPL) has launched a new service in the United States called Apple Pay Later, which allows consumers to buy items and pay for them over time. The service offers users the option to split their payments into four installments over a six-week period without incurring any additio...

Apple Taiwanese Supplier Pegatron Eyes India As Next Growth Frontier For 2nd Factory – $AAPL $DIA $SPY $INVO

Reportedly, Pegatron Corp, a Taiwanese firm that provides products to Apple Inc. (AAPL), is in talks to construct a second production plant in India. The proposed plant is expected to be located in close proximity to Chennai, a city in the southern state of Tamil Nadu, just six months following the ...

Apple Eyes English Football Streaming, Amazon Develops Sports App – $AAPL $AMZN $DIA $SPY $MANU $INVO

As per reports, Apple (AAPL) is contemplating making a bid for the streaming rights to various English football games. These rights would include the ability to broadcast Premier League matches in the UK, as well as games from lower leagues run by the English Football League.  It's worth noting th...

Stocks Rebound Weekly Despite Banking System Woes – $AAPL $AMC $BEEM $BRQS $INM $INVO $NVDA $TSLA Rise!

Quote of the Day:  "Patience is a virtue, and I'm learning patience. It's a tough lesson." - Elon Musk   Happy Saturday! I hope that you had an amazing week.  As for the broad markets this week, stocks saw increased volatility, but rose over the last 5-days after last week's beat down. O...

Boeing Secures $2.5 Billion Deal To Sell 21 737 MAX Jets To Japan Airlines – $BA $DIA $INVO

Boeing Co (BA) has reportedly secured a deal with Japan Airlines Co (JAL) to sell 21 of its 737 MAX jets for a minimum of $2.5 billion at list prices. This marks JAL's first order for the 737 MAX, as the airline mainly operates Boeing aircraft, including the 737-800 as its primary narrowbody plane. ...

Google’s AI Chatbot Bard Now Available To Public In US & UK. – $GOOG $SPY $MSFT $INVO

Reportedly, Google has begun making its chatbot Bard available to the public in the US and the UK. Previously, the program was only accessible to approved testers. Bard is an experiment that uses generative AI, which relies on past data to create content rather than identify it. The release of Micro...

Microsoft Previews AI “Copilot” & “Business Chat” Experience For Microsoft 365 – $MSFT $DIA $INVO

Reportedly, Microsoft (MSFT) has given a glimpse into a new AI "copilot" designed for its Microsoft 365 product suite, which includes popular applications like Word, Excel, PowerPoint, and Outlook. The AI technology will initially be tested by select business customers and aims to provide content dr...

Bank Anxieties, Gold & Nasdaq Values Jump While Interest Rates Drop Sharply This Week – $AAPL $ARKK $AG $ATOS $ILMN $INTC $MSFT $TSLA $XBI Rise!

Quote of the Day:  "Be true to your work, your word, and your friend." - John Boyle O'Reilly   Happy Saturday! I hope that you had a magnificent week and managed to lock in gains across your accounts. As for the broad markets this week, stocks saw increased volatility as the banking secto...

Microsoft Signs 10-Year Licensing Deal With Boosteroid For Call Of Duty – $MSFT $ATVI $DIA $INVO

Reportedly, Microsoft (MSFT) has entered into a 10-year licensing agreement with cloud gaming provider Boosteroid, to bring Activision's Call of Duty franchise to the platform. This move is partially aimed at addressing competition concerns related to Microsoft's acquisition of Activision. However, ...

Saudi Arabia Commits To 78-Boeing Dreamliner Deal For New Airlines – $BA $DIA $INVO

According to recent reports, Saudi Arabia is set to purchase 78 Boeing Co. (BA) 787 Dreamliners as part of a plan by Crown Prince Mohammed Bin Salman to rejuvenate the country's national airline and establish a new international carrier that will challenge the likes of Emirates and Qatar Airways. Un...

Boeing Expects Aircraft Financing To Rebound In 2023 – $BA $DIA $INVO

Reportedly, Boeing Co. (BA) has announced that it anticipates commercial aircraft financing to recover and approach pre-pandemic levels in 2023, indicating a robust industry outlook. Boeing regularly evaluates aircraft financing trends and has observed a rise in interest from financiers and investor...

UK Regulator Extends Apple App Store Probe Deadline – $AAPL $DIA $SPY $INVO

As per reports, the Competition and Markets Authority (CMA), Britain's competition regulator, has extended the deadline for its ongoing review and analysis of Apple's (AAPL) terms and conditions for app developers until May. The CMA launched an investigation in March 2021 into Apple's app distributi...

Apple Launches iPhone 14 & 14 Plus With Advanced Features & New Color – $AAPL $DIA $INVO

According to reports, Apple (AAPL) has recently launched its latest iPhone models, the iPhone 14 and iPhone 14 Plus. The new range includes a new color option, yellow, along with the existing colors such as midnight, starlight, RED, blue, and purple. In a statement, Apple claimed that the new iPhone...

Intel To Host Investor Webinar On Data Center AI Business & Growth Drivers – $INTC $DIA $INVO

Intel Corporation (INTC) has announced that it will be hosting an investor webinar on March 29, 2023, at 8:30 a.m. PDT. The purpose of this webinar is to provide the audience with updates on Intel's Data Center and AI business, along with its growth drivers, and to review the company's product roadm...

Merck’s Experimental Heart Drugs Show Positive Results (Exercise Capacity) In Clinical Trials – $MRK $DIA $INVO

Merck & Co., Inc. (MRK) has reportedly announced the positive results of a late-stage study revealing that its experimental therapy, sotatercept, has increased the exercise capacity of patients who have a fatal disease that causes high pressure in the blood vessels of the heart and lungs. The ph...

Boeing & Shield AI Partner To Enhance Military Use Of Autonomous Aircraft Software Via AI Tech- $BA $DIA $INVO

Reportedly, Boeing Co. (BA) and Shield AI Inc. have entered into a partnership aimed at accelerating the military utilization of Shield AI's autonomous aircraft software and exploring other defense applications for the AI technology. Shield AI's Hivemind software is a unique self-driving AI pilot fo...

Intel Seeks Additional Subsidies ($5B) For Chip Manufacturing Complex In Germany – $INTC $DIA $INVO

As per reports, Intel Corporation (INTC) is facing financial hurdles with its chip manufacturing complex project in eastern Germany and is seeking additional subsidies from the German government. The company has requested an estimated €4 billion to €5 billion in additional aid to continue the pr...

General Motors & Microsoft Consider Use Of ChatGPT To Improve Vehicle Features – $GM $MSFT $DIA $INVO

As per reports, General Motors Co (GM) is considering the utilization of ChatGPT, in collaboration with Microsoft (MSFT), for various purposes. One potential use case is to provide information on how to use vehicle features typically found in an owner's manual, such as programming garage door codes ...

Intel Builds Software Platform For Quantum Computers – $INTC $DIA $INVO

Reportedly, Intel Corporation has built a software platform for developers to build quantum algorithms that can run on a quantum computer. Quantum computing, in theory, can perform calculations quicker than conventional computers and is based on quantum physics. Intel Labs' head of quantum applicati...

Microsoft To License ‘Call Of Duty’ To Sony For A Decade Amid Acquisition ($69B) Concerns – $MSFT $SONY $DIA $INVO

Reportedly, Microsoft (MSFT) has stated that it will license the "Call of Duty" (CoD) franchise of Activision Blizzard to Sony for 10 years in response to concerns raised by Britain over its $69 billion acquisition of the gaming company. As per a document published by the regulator, this move is aim...

Microsoft Adds Upgraded Bing Search Engine To Windows Bringing AI Usage Closer To Its Users – $MSFT $DIA $INVO

Reportedly, Microsoft Corp (MSFT) is adding its recently upgraded Bing search engine to its Windows computer software, aiming to put artificial intelligence (AI) at the fingertips of hundreds of millions of its users. The technology giant's OS will include the new Bing in desktop computers' search b...

Bear Market Ages While SVB Gets Taken Over This Week – $ASAN $BRQS $INTC $OCEA $VIX Rise!

Quote of the Day:  "Surprise is the greatest gift which life can grant us." - Boris Pasternak   Happy Saturday! I hope that you had a wonderful week wherever the you landed around the globe. As for the broad markets this week, stocks headed significantly lower by the end of the week as cr...

Boeing & Airbus Team Up To Compete For Royal Air Force & British Army Helicopter Contract – $BA $DIA $INVO

Reportedly, two major airplane manufacturers, Boeing Co. (BA) from the United States and Airbus SE from Europe, have joined forces to compete for a contract from the UK government. This contract is for the provision of helicopters to the Royal Air Force and the British Army to replace the aging flee...

Boeing CEO Misses Bonus Target Due to 777X Service Entry Delay – $BA $DIA $INVO

Reportedly, Boeing (BA) has denied CEO Dave Calhoun a bonus of $7 million due to the company's inability to put the 777X into service by the end of 2023. Calhoun had been offered this incentive when he took over as CEO in January 2020 and had to meet seven milestones by the end of this year. However...

Tesla Seeking To Move Closer To Commencing Production Of First EVs In Mexico – $TSLA $SPY $INVO

Reportedly, Tesla (TSLA) is close to receiving the final permits necessary to commence construction of its new factory in Nuevo Leon, Mexico, near the U.S.-Mexico border. The company is aiming to begin producing its first cars in Mexico by next year. Tesla CEO Elon Musk had announced the investment,...

Verizon Extends Adeia’s Media IP License Agreement – $VZ $DIA $INVO

Adeia Inc. and Verizon Communications, Inc. (VZ) have reportedly agreed to a multi-year extension of their license to Adeia's media patent portfolio. As a leading communication services provider in the United States, Verizon offers an extensive range of services to its customers over its networks, w...

PROGRESS REPORT: Borqs Tech Expects Significant Revenue Jump & Increased Shareholder Value Via Solar Divestiture – $BRQS $FSLR $TSLA

Borqs Technologies, Inc. (Nasdaq: BRQS) is a global leader in software and products for the IoT, providing customizable, differentiated and scalable Android-based smart connected devices and cloud service solutions. Borqs has achieved leadership and customer recognition as an innovative end-to-end I...

Stocks ‘March’ed Foward To Begin The Month With Weekly Gains – $AG $AI $AAPL $ARKK $CRM $OXY $SGEN $XBI Rise!

Quote of the Day:  "Logic will get you from A to B. Imagination will take you everywhere." - Albert Einstein   Happy Saturday! I hope that you had a great week as we pushed in to the first week of March.  As for the broad markets this week, stocks headed significantly higher by the end o...

Boeing Seeking To Elect SUEZ SA CEO Sabrina Soussan To Board At Annual Meeting On April 18 – $BA $DIA $INVO

Reportedly, the board of Boeing Company (BA) announced that it has nominated Sabrina Soussan as a new director at the company's upcoming annual meeting of shareholders. Soussan currently serves as chair and CEO of SUEZ SA, a Paris-based global utility company specializing in water and waste manageme...

Microsoft To Launch AI-powered Services For Telecom Firms – MSFT $DIA $INVO

Reportedly, Microsoft (MSFT) is to launch two AI-powered services designed to manage telecom networks, with the same capabilities used to manage the tech giant's Azure cloud platform. Operators can benefit from its advanced artificial intelligence that helps to unlock new business opportunities and ...

Salesforce Reports Q1 Revenue Beat, Increases Share Buyback Program – $CRM $DIA $INVO

Salesforce (CRM) reported Q1 revenue beating estimates as pandemic-induced migration to hybrid-work models increased demand. The CRM giant will also increase its share repurchase program to $20 billion. In January, to drive down costs, Salesforce cut jobs by 10% after pandemic hiring left it with a ...

Is Microsoft’s Bing Chatbot Violating Data Protection & Privacy? – $MSFT $DIA $AMZN $JPM $INVO

Reportedly, Microsoft (MSFT) staff can read users’ conversations with its Bing chatbot amid growing data protection and privacy concerns around using the system. The company informed that human reviewers are monitoring what users submit to the chatbot in order to respond to the “inappropriate be...

Cisco Partners With Mercedes Benz To Add Webex Conferencing To E-Class – $CSCO $DIA $INVO

As per reports, Cisco (CSCO) has partnered with Mercedes Benz to add its Webex conferencing tools to the dashboard of vehicles arriving in the coming weeks. The Wi-Fi and cellular data equipped 2024 Mercedes-Benz E Class will allow users to download Cisco's Webex application directly on the touchscr...

Boeing Announced Production Halt Of “Top Gun: Maverick” Featured Fighter Jets – $BA $DIA $INVO

Reportedly, Boeing Co  (BA) is planning to halt production of the F/A-18 Super Hornet in late 2025, as it delivers the last of the fighter jets. The aerospace giant is shifting focus to winning the race for the sixth-generation of combat aircraft and is planning to hire more workers and build three...

Intel Cuts Quarterly Dividend – $INTC $DIA $INVO

As per reports, Intel Corporation (INTC) is decreasing its quarterly dividend as a major step of its strategy to improve its capital position amid unstable times. Recently, Intel confirmed that two of its major components data centers and personal computers witnessed slowing growth after two years o...

JOIN Tribe Public’s FREE Webinar Tues., Feb. 28 (8:30AM PT / 11:30AM ET) Event “Sustainable Products Solving EVs’ Biggest Challenges” – $BEEM $ARKK $TSLA

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 tomorrow, Tuesday, February 28th (8:30 am PT/ 11:30 am ET). Tribe Public's (www.tribepublic.com) complimentary worldwide webinars are efficient 3...

Stocks Headed Due South While Interest Rates Rose This Week- $AMC $BEEM $NEO $NVDA $SHIP $VIX Rise!

Quote of the Day:  "It is the fight alone that pleases us, not the victory." - Blaise Pascal   Happy Saturday! I hope that you had a marvelous week and that the weekend is treating you well. As for the broad markets this week, stocks headed significantly lower across all sectors, except e...

Microsoft’s President Brad Smith To Lead Delegation At Activision Deal EU Hearing – $MSFT $DIA

As per reports, Microsoft (MSFT) President Brad Smith will seek to convince EU antitrust regulators at a closed hearing that the U.S. technology giant's $69 billion bid for "Call of Duty" maker Activision Blizzard will improve competition. Brad Smith will lead a delegation of 18 senior executives, i...

Boeing To Offer CEO Dave Calhoun ~$5.3M Retention Grant – $BA $DIA

As per reports, Boeing (BA) is offering CEO Dave Calhoun an incentive worth approximately $5.29 million to push him to stay throughout the company's recovery from the crises of the COVID-19 pandemic and two deadly 737 MAX crashes that led to the fleet’s grounding incurring consecutive losses. On F...

Tesla Defeats BMW For Top Spot For Luxury Brands In The States! – $TSLA $SPY $INVO

Reportedly, according to new car registration data compiled by Experian and in partnership with Automotive News, Tesla (TSLA) has now surpassed BMW as the top luxury brand in the U.S for the first time. Experian data shows among all luxury brands Tesla had 484,351 new vehicle registrations last year...

IBM Sues Former Top Exec For Joining Rival In Asia-Pacific Region- $IBM $ACN $MSFT $DIA

As per reports, IBM. Corp (IBM) is suing Patama Chantaruck its former top executive in its Thailand subsidiary, claiming Chantaruck should pay back nearly half a million dollars in bonus awards for accepting a job at Accenture, its rival company. In a lawsuit filed in federal court in New York, IBM ...

Microsoft Limiting Chat Sessions On Bing Improving Focus – $MSFT $DIA $ATOS

As per reports, Microsoft (MSFT) is to limit chat sessions on its new Bing search engine powered by artificial intelligence (AI) to five questions per session and 50 questions per day. The decision comes days after it was reported that answers from the new Bing search engine were potentially dangero...

Reportedly, A Tesla Driver Died Crashing Into A Fire Truck

As per reports, a Tesla driver in California lost his life last week after crashing into a fire truck on an interstate highway. U.S. regulators are investigating Tesla vehicles with the Autopilot driver assistance system over a string of crashes with parked emergency vehicles. As per the Contra Cos...

Cisco Quarter Earnings Beat Estimates, Raises Quarter Dividend By A Penny – $CSCO $DIA $INVO

As per report, Cisco Systems, Inc. (CSCO) beat quarter earnings expectations reporting adjusted earnings of 88 cents per share on revenue of $13.6 billion, blowing past 85 cent and $13.42 billion estimates. Management raised the fiscal-year profit forecast to $3.73–$3.78 per share. For the current...

Microsoft Marks Progress For Its AI Chatbot In Bing Searches – $MSFT $DIA $INVO

Reportedly,  Microsoft Corp (MSFT) has recorded a positive response from its initial findings after a week of testing new artificial intelligence additions to its Bing search engine with users across 169 countries. AI-powered answers have gained the approval of 71% of testers and chat has proven a ...

Retail Investors Rolling In As Small Caps Lead Weekly Stock Market Gains – $ARKK $ATOS $DKNG $GME $INVO $TSLA $XBI Rise!

Quote of the Day:  "Do exactly what you would do if you felt most secure." - Meister Eckhart   Happy Saturday! I hope that a had great week and are currently out enjoying a relaxing 3-day President's Day holiday weekend.  As for the broad markets this week, investors, in general, were tr...

Boeing To Set Up Logistics Centre In India Improving Availability Of Parts – $BA $DIA $INVO

Reportedly, Boeing Co (BA) is planning to invest about $24M in setting up a logistics center in India for civilian aircraft, in an effort to speed up the availability of spare parts to domestic airlines. The setting up of the new center is expected to improve airplane availability and reduce flight ...

Tesla’s Makes Its Model Y In China Costlier After Recent Price Cuts – $TSLA $SPY $INVO

Reportedly, Tesla Inc. (TSLA) has raised the beginning price of its Model Y crossovers by .8% to 261,900 yuan ($38,577.11) in China raising the price for the rear-wheel drive version of Model Y by 2,000 yuan from 259,900 yuan previously. The company planned to boost output at its Shanghai plant over...

CRM Giant Salesforce To Announce Q4 Earnings On March 1, 2023 – $CRM $DIA $INVO

As per reports, the global leader in CRM, Salesforce to announce its Q4 and full fiscal year 2023 results on Wednesday, Mar. 1, 2023, after market closes 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.  The webcast c...

Rates Jump, Stocks Pull Back To Clock In Worst Week of 2023 – $CVX $INVO $HSAI $MSFT $NVDA $OXY $TSLA Rise!

Quote of the Day:  "Life lived for tomorrow will always be just a day away from being realized." - Leo Buscaglia   Happy Saturday! I hope that a wonderful week wherever it landed you and that you managed to make your fair share of profits in the stock market. This weekend, I am looking fo...

Boeing Releases Q4 Earnings – $BA $DIA $INVO

Reportedly, Boeing (BA) posted a $663 million loss for the fourth quarter as supply chain issues lingered on results despite a rise in aircraft sales and deliveries pushing up revenue. For the full year, Boeing posted a loss of $5 billion despite a 7% increase in revenue to $66.6 billion. Fourth Qu...

Boeing Cut Jobs In Finance & HR To Focus More On Production – $BA $DIA $ATOS

Reportedly, Boeing Co (BA) expects to cutback on about 2,000 white-collar jobs this year in human resources and finances through a combination of attrition and layoffs. The company announced it would hire 10,000 workers in 2023 after hiring 15,000 people in 2022, but some support positions would be ...

Cisco To Release Q2 Earnings On Feb 15 – $CSCO $DIA $ATOS

Reportedly, Cisco Systems, Inc. (CSCO) to host a conference call for its second quarter fiscal year 2023 financial results on Wednesday, February 15, 2023, at 1:30 PM (PT) /4:30 PM (ET) for the period ending Saturday, January 28, 2023. Dial-In & Web Details: 888-848-6507 & 212-519-0847...

Tesla Cut Prices Of Some Models In South Korea – $TSLA $SPY $INVO

Reportedly, Tesla (TSLA) reduced prices of some of its car models in South Korea recently. The Model 3 rear-wheel drive vehicle was listed as 59.9 million won ($48,728.50) on the company's website and was 5% lower from a month earlier. Its Model Y Performance sports utility vehicle was 82.69 million...

The Fed, $META, & Small Caps Lead Stocks Higher This Week – $AI $ATOS $BRQS $INM $INVO $TSLA Rise!

Quote of the Day:  "Wisdom is oftentimes nearer when we stoop than when we soar." - Wordsworth   Happy Saturday! I hope that you had a pleasant and profitable week wherever the world may have taken you. This week in the Bay Area, we were still smarting a little as our San Francisco 49ers u...

Microsoft Integrates ChatGPT Powered Messaging Feature In Teams Premium – $MSFT $DIA $INVO

As per reports, Microsoft Corp (MSFT) rolled out a premium Teams messaging offering powered by ChatGPT to simplify meetings using the AI chatbot. The premium service will cost $7 per month in June before increasing to $10 in July. OpenAI-owned ChatGPT will generate automatic meeting notes, recommend...

Intel Reduces Guidance, Misses Q4 Estimates – $INTC $DIA $QQQ $INM

Reportedly, Chipmaker Intel Corporation (INTC) missed Q4 estimates and forecasts figures much lower than expected for the current period. The company reported an adjusted 10 cents a share on sales of $14.04 billion in the December quarter. Analysts were expecting earnings of 21 cents a share on sale...

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...