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'Deflationary Undercurrent': Stock Market Update For The Week Ahead
Monday, September 7, 2020 - 8:40am | 2091The Past Week, In A Nutshell What Happened: Last week ended negative on relative weakness from the technology sector. Remember This: “August benefited from multiple tailwinds, resulting in one of the best Augusts on record. Those tailwinds look stretched and at risk, however,” said Brad...
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US Launches Airstrikes Against Five Iran-Backed Militia Facilities In Iraq
Thursday, March 12, 2020 - 10:01pm | 382The United States military on Thursday conducted five airstrikes targeting Kata'ib Hezbollah facilities in Iraq. What Happened The facilities targeted were used for storing weapons, and the strikes would "significantly degrade [Hezbollah's] ability to conduct future attacks"...
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Microsoft's Work For Pentagon Suspended As Judge Approves Amazon Appeal
Thursday, February 13, 2020 - 10:17pm | 446A federal judge on Thursday approved Amazon.com Inc.'s (NASDAQ: AMZN) appeal and issued a temporary injunction against Microsoft Corporation's work on a $10 billion Pentagon cloud computing contract, CNBC reported. What Happened Amazon had requested the court...
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Oil Prices Remain Positive Amid US Air Strikes In Iraq, Syria
Monday, December 30, 2019 - 6:07am | 425Oil prices held on to their record gains on Monday even as the U.S. air strikes in Iraq and Syria on Sunday increased political tensions in the Middle East. What Happened The U.S. forces carried five "defensive strikes " at bases controlled by Iran-backed Shia militia Kata'ib...
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Return Of The JEDI: Amazon Will Protest Microsoft's $10B Pentagon Contract
Thursday, November 14, 2019 - 6:43pm | 298Amazon.com, Inc. (NASDAQ: AMZN) is planning to protest a $10 billion cloud computing contract, known as JEDI, which the Department of Defense awarded to Microsoft Corp (NASDAQ: MSFT) in October. The two cloud computing giants had been battling for over two years about who would run the ...
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Microsoft Trades Higher On $10B Cloud Computing Deal With Pentagon
Monday, October 28, 2019 - 6:59am | 221Microsoft Corporation (NASDAQ: MSFT) shares are trading higher following confirmation the company has won $10 billion cloud computing contract from the Pentagon. The Joint Enterprise Defense Infrastructure Cloud (JEDI) contract will modernization the Pentagon and is meant to make its technology...
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JEDI Masters: Amazon, Microsoft Battle To Build Pentagon's 'War Cloud'
Wednesday, July 10, 2019 - 2:09pm | 550Who will be the military’s Jedi master? That’s not a metaphor: The U.S. Court of Federal Claims heard a case Wednesday that will play a part in determining which of the country’s largest cloud computing companies will get to build the future of military data handling; the Pentagon...
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When Open Source Info On Fitbit, Twitter Jeopardize US Security
Saturday, February 3, 2018 - 11:21am | 779The U.S. military, formerly an unabashed advocate of Fitbit Inc (NYSE: FIT) devices, is reviewing its policy on the use of fitness trackers at operational sites after a workout app inadvertently exposed the whereabouts of secret army bases. Since November, Strava, “the social network for...
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Ready, Aim, Fire: Northrop Best Bet To Benefit From Overhaul Of US Air Power, Analyst Says
Thursday, August 24, 2017 - 7:24am | 818Already a finalist to build the next generation of ground-based nukes, Northrop Grumman Corporation (NYSE: NOC) is the best bet to do well in a booming defense industry poised to revamp U.S. air power for years to come, a Goldman Sachs analyst predicts. The Pentagon is asking for more than $20...
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Pentagon Gives Boeing, Northrop Grumman Nearly $700 Million To Develop Next-Gen ICBMs
Tuesday, August 22, 2017 - 12:18pm | 465With tensions rising around the world, the U.S. government has awarded Northrop Grumman Corporation (NYSE: NOC) and Boeing Co (NYSE: BA) nearly $700 million to begin working on the next generation of intercontinental ballistic missiles, upgrading the Cold War-era rockets. The deals, reported in...
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How The US, China And Russia Are Moving Toward Weaponizing Artificial Intelligence
Thursday, August 10, 2017 - 10:16am | 1184A group of researchers are warning the world about weaponizing artificial intelligence and robotics, but that machine-learning genie may already be out of the bottle. There are clear signs that the United States is already engaged in an AI arms race with China and Russia to develop weapons systems...
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Historian Who Picked Trump Presidency Now Forecasts His Impeachment: Second 100 Days More Important Than First
Saturday, April 29, 2017 - 8:32am | 830Historian Allan J. Lichtman took serious heat from the Left for predicting Donald Trump would win the presidency. Now, he’s hearing it from the Right because he’s predicting Trump is hurtling toward impeachment. He counts the many ways in his latest book, “The Case For Impeachment...
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Tesla's Elon Musk Just Briefed The Pentagon
Thursday, June 9, 2016 - 7:11am | 351Elon Musk, the billionaire CEO of Tesla Motors Inc (NASDAQ: TSLA) and founder of SpaceX just met with the U.S. Secretary of Defense Ash Carter and high level officials at the Pentagon. The topic of conversation however won't be disclosed, for obvious reasons. However, the conversations did focus...
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Pentagon Working To Overhaul Cybersecurity Protocol
Friday, September 18, 2015 - 8:42am | 417Earlier this year, the Pentagon's Director of Operations Test and Evaluation Michael Gilmore said that his testing revealed that nearly all of the Pentagon's weapons systems were vulnerable to a cybersecurity attack. The warning came as President Barack Obama stepped up his efforts to...
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Public And Private Sector Join Forces For Cyber War Games
Tuesday, July 7, 2015 - 8:22am | 326Every year the US government holds a cyber war game exercise called "Cyber Guard" in order to ensure the nation is prepared for the threats that could lie ahead. However, this year the training exercise has been ramped up as government officials become more and more concerned about the growing...