Code & Brew
In a recent address, Federal Reserve Chair Jerome Powell provided an update on the central bank’s decision to maintain interest rates at their current levels, emphasizing the importance of careful monitoring of economic indicators. Powell articulated that the Federal Reserve will remain vigilant, stating, “We are committed to using our tools to support the economy…
In today’s technology news, Fermilab, a U.S. Department of Energy national laboratory, was targeted in a cyberattack exploiting a vulnerability in Microsoft’s SharePoint software. According to Reuters’ article “US Fermilab hit in cyberattack targeting Microsoft’s SharePoint, Bloomberg News reports,” the attack was part of a broader global cyber espionage campaign stemming from a critical SharePoint…
In a significant development within the Indian IT sector, Clorox has filed a $380 million lawsuit against Cognizant, alleging gross negligence during a 2023 cyberattack. According to the Financial Times article “Clorox sues Cognizant as troubles mount in India’s tech sector,” Clorox claims that Cognizant’s staff handed over credentials to hackers without proper verification. Cognizant…
In this stimulating CNBC segment, Doug Clinton, CEO of Intelligent Alpha, offers his expert insights on the upcoming earnings reports from major tech companies. As these industry giants prepare to unveil their latest financial results, Clinton underscores the importance of understanding the broader economic implications that accompany these announcements. He highlights specific areas to watch,…
In a significant development, Samsung Electronics has secured a $16.5 billion contract to supply semiconductors to a major global corporation. The deal, finalized on Saturday, pertains to contract chip manufacturing, also known as foundry services. Specific details, including the partner’s identity and terms, will remain confidential until the end of 2033. Following the announcement, Samsung’s…
In the video from Schwab Network titled “AAPL, AMZN & MSFT: Charting This Week’s Mag 7 Earnings,” the hosts discuss the upcoming earnings reports for major tech companies, specifically focusing on Apple (AAPL), Amazon (AMZN), and Microsoft (MSFT). Key points include: 1. Earnings Expectations: The hosts analyze analyst expectations for each company’s earnings, emphasizing the…
Hardware Reuters reports Apple unveiled an AI-optimized chip for data centers, aiming to boost energy efficiency and challenge Nvidia’s dominance. The Verge highlights that Qualcomm announced new Snapdragon X chips for Windows AI PCs, promising substantial battery life improvements. Software TechCrunch notes Microsoft introduced Recall, a Windows 11 AI feature that lets users search and…
In the video titled “Quantum Gains Investor Interest Traction, SPX on Road to 6,550+” by Schwab Network, the host discusses the increasing interest in quantum computing and its potential to transform various sectors, particularly finance and investment. Key points include: 1. Growing Investor Interest: The video emphasizes how quantum technology is attracting attention from investors,…
Tech, AI, and Finance # Global Tech News – **Hardware** – The Verge underscores Apple’s unveiling of a new M4 iPad Pro, featuring OLED displays and notably slimmer design, bolstering its high-end tablet lineup. – Engadget notes Nvidia’s release of its Blackwell GPU series to select partners, promising major AI and data center performance improvements….
Tech, AI, and Finance Hardware Bloomberg highlights Apple is reportedly developing its own home robotics products, including a mobile robot to follow users and a smart display, signaling new directions post-Vision Pro. Reuters notes Samsung unveiled a new high-end memory chip, aimed at advancing AI servers and meeting growing enterprise demand. Software The Verge shares…