IBM shares moved 4 percent lower after the company issued weaker-than-expected third-quarter revenue on Wednesday. Here’s how IBM did: Earnings: Excluding certain items, $2.68 per share, vs. $2.67 per share as expected by analysts, according to Refinitiv. Revenue: $18.03 billion, vs. $18.22 billion as expected by analysts, according to Refinitiv. IBM’s revenue has now dropped for five straight quarters as growth in ...
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Oil and gas majors are starting to acknowledge the impact that energy transition will have on their core business and are already making significant investments in the clean energy industry, with Europe leading the charge. While no major company has made investments in clean energy that rival the money it spends on oil and gas, European companies like Equinor, Total ...
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The News: Yesterday, at Poly Analyst Day, Poly’s executive team previewed for a group of at Zoomtopia 2019, Poly (“Poly” – formerly Plantronics and Polycom), unveiled a full range of video endpoints that dramatically simplify the video conferencing experience for Zoom Rooms. Poly announced two new purpose-built all-in-one video bars, the Poly Studio X30 and Poly Studio X50. The Poly ...
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The Permian basin, stretching through large swaths of western Texas and southeastern New Mexico, is responsible for a major boom in US oil production in recent years. This opportunity comes with a corresponding challenge existing infrastructure is not currently up to the task of getting all this Permian oil delivered to market. A few years ago, it was thought that ...
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The News: Leading companies from the automotive and computing industries announced this past week at ARM TechCon a collaborative effort toward making fully self-driving vehicles a reality. The new Autonomous Vehicle Computing Consortium (AVCC), officially launched at Arm TechCon in San Jose, brings together industry leaders from automotive, automotive supply, semiconductor and computing to serve as the leading organization for ...
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