Microsoft is set to release its fiscal fourth-quarter earnings report after the U.S. market closes on Tuesday. Analysts are anticipating earnings per share to be at $2.93 with revenue reaching $64.39 billion. This would represent a 15% increase in revenue from the previous year’s $56.2 billion, following a 17% growth in the prior quarter. The
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Apple recently announced that they have opted to use Google’s Tensor Processing Units (TPUs) for training the artificial intelligence models that power Apple Intelligence. This move signifies a shift away from the popular Nvidia GPUs that dominate the market for high-end AI training chips. Apple’s decision to utilize Google’s TPUs was detailed in a technical
The health authorities in the southern Indian state of Kerala are currently on high alert due to the recent resurgence of the deadly Nipah virus. A 14-year-old boy succumbed to the infection over the weekend, prompting an urgent response from the authorities to track down individuals who may have come into contact with the virus
Elon Musk, the CEO of Tesla, recently conducted an informal poll on social media platform X, questioning whether Tesla should invest $5 billion into his latest startup, xAI. This move sparked a debate among shareholders and the public, as Musk sought to gauge interest in this significant investment. Following Tesla’s second-quarter earnings call, where the
Recent research published in the Nature Geoscience journal has revealed a groundbreaking discovery by an international team of scientists. Contrary to the traditional belief that oxygen is solely produced through photosynthesis by living organisms using sunlight, it has been found that oxygen is being generated by metallic nodules deep below the surface of the Pacific
Boeing has secured orders for a minimum of 40 wide-body jetliners from Korean Air, a significant win for the company at a time when it has been facing numerous challenges. The order includes 20 of Boeing’s yet-to-be-certified 777X jetliners, the largest in its commercial jet lineup, as well as 20 787-10 Dreamliner planes. Korean Air
Following a chaotic day of flight cancellations and delays due to a global IT outage, airlines around the world are slowly recovering. On Saturday, the number of cancelled flights decreased significantly compared to the previous day. More than 1,200 flights were canceled on Saturday, with the majority of them being in the United States. This
The recent unprecedented IT outage caused several airlines to halt flights and warn passengers of potential delays and service unavailability. This disruption was linked to a tech update experienced by cybersecurity giant CrowdStrike, cascading into a global crisis. Flight update and check-in monitors at airports around the world displayed errors, including the infamous “blue screen
As the market experiences a period of uncertainty, many investors are turning to the rotation trade as a potential solution to avoid a looming double-digit correction in the S & P 500. With small caps gaining momentum and large-cap tech stocks losing ground, some see this as a sign of a broader market shift. However,
When Brandon Fishman decided to offer a discounted price for his vitamin-infused coffee during Target’s sales event, he did not anticipate the negative impact it would have on his sales on Amazon. The automated systems on Amazon detected that his product was available at a lower price on Target, causing a significant drop in sales