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Stock Futures Reflect Mixed Sentiment after Positive Market Performance

As investors brace themselves for another week of market volatility and unsteady stock futures, all eyes are on the crucial economic data releases that could have a profound impact on the financial landscape. This morning marked a cautious start for investors as stock futures presented a mixed outlook following a positive day on Wall Street. Overview of the US Stock Futures Market As the US stock market opened, futures tied to the Dow Jones Industrial Average (INDEXDJX:.DJI) took a...

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Huawei Replaces US-Sanctioned Software System with New In-House Service

Chinese tech giant Huawei announced the replacement of its software system as a victory over US sanctions.  Huawei has launched an in-house software system to replace its one-time US-sourced internal software management systems. The Chinese multinational tech corporation announced today, almost four years after the US sanctioned it over alleged security concerns. In May 2019, the US Commerce Department included Huawei in a trade blacklist which ultimately hampered the company’s ability to...

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Chainlink: Swisscom wird Teil des weltweit grössten Oracle-Netzwerks

Chainlink to the moon? Welche ECHTEN Bitcoin-Börsen Chainlink LINK Token anbieten, siehst du ganz unten im Artikel. Swisscom schliesst sich im Rahmen einer Pilotinitiative dem weltweit grössten Oracle-Netzwerk Chainlink an. Dieses liefert dabei wichtige Daten für dezentrale Finanzanwendungen (DeFi), über die täglich Transaktionen im Wert von mehreren Milliarden US-Dollar abgewickelt werden, wie beispielsweise auf Aave oder Uniswap. Das...

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Chainlink: Swisscom to become part of the world’s largest oracle network

Swisscom is joining Chainlink, the world’s largest oracle network, as part of a pilot initiative. The Chainlink network provides important data for what are known as decentralised financial applications (DeFi), through which transactions worth several billion US dollars are now processed daily, such as on Aave and Uniswap. The rapid growth of this market is giving rise to new types of value chains and business models that could also gain relevance for the Swiss financial...

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Oracle Adds New Cloud Locations, ORCL Stock Is Slightly Up

A new announcement has come from the American multinational computer technology corporation Oracle. The company has expanded its activity, adding new cloud computing data centers in five countries. Oracle new cloud locations are Saudi Arabia (Jeddah), Australia (Melbourne), Japan (Osaka), Canada (Montreal), and the Netherlands (Amsterdam).According to the company’s blog post, all of the countries mentioned are now available in the Oracle Cloud Console. Oracle has always strived to have at...

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Microsoft Stock Is Up as Company Beats Analysts’ Expectations with Revenue Growing 14%

American technology company Microsoft Corporation has managed to beat analyst projections. It has become obvious from the earnings that it reports for its second quarter for the year 2020. The company said revenue grew by 14% compared to the same quarter a year earlier, landing at $36.9 billion.Chief Executive Officer Satya Nadella stated:“We are innovating across every layer of our differentiated technology stack and leading in key secular areas that are critical to our customers’...

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IBM Stock Rises Yesterday More Than in Last 10 Years

The New York Securities Exchange (NYSE) market shows the Wednesdays boost has resulted in a cool-down, with a visible 3% profit. IBM has its fourth-quarter sales stable from year to year, totaling $21.8 billion. However, IBM bought Red Hat on July 9, 2019. Then, promised a 60% premium bonus for the workers of Red Hat if they hurry up with developing the hybrid-cloud server software.IBM is showing a big interest in the open-source software company which is probably one of the few software...

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Amazon Files to Challenge DoD’s Choice of Microsoft for JEDI Contract Suggesting ‘Political Influence’

Late last month, the United States Department of Defense announced that the much-discussed Joint Enterprise Defense Infrastructure (JEDI) cloud contract, had been finally awarded to Microsoft. After the announcement, many including Amazon itself seemed sincerely surprised that the contract didn’t go to Amazon. Now, Amazon has decided to officially challenge the contract award.According to a Federal Times report, Amazon Web Services (AWS) officially filed with the U.S. Court of Federal Claims...

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