Stocks have seen recent episodes of volatility amid an unusually calm year — but one strategist thinks this is all wrong.Read More »
A drumbeat of subsequent announcements from Advanced Micro Devices Inc. since the company released its robust second-quarter financials in July demonstrate CEO Lisa Su's ambitions for the semiconductor maker. The 8-core Ryzen Threadripper, which had been unveiled in July, will become available on Aug. 31.
In its bid to compete with Amazon Web Services, Google has opened data centers in four countries outside the U.S. this year and has plans to launch in five more before 2019. But one big market is not on the list: China. Google's absence, which stems from a long-standing feud with the world's second-biggest economy, is costing the company business and making it harder to challenge AWS and Microsoft Azure in the rapidly expanding cloud infrastructure market. Earlier this year, one of Google's marquee cloud clients, Snap, cited the service's unavailability in China as a reason that it may not be able to enter the market. Days later, Snap disclosed a deal with AWS, which opened a region of data centers
The United States' Open Skies agreements create and support more than 16.6 million U.S. jobs in the manufacturing, airline, tourism and hospitality industries, as well as in local economies near airports, according to a fact sheet released today by the U.S. Airlines for Open Skies Coalition. The coalition also addresses what the group calls “disingenuous and misleading” claims of job loss by legacy carriers Fort Worth-based American Airlines (Nasdaq: AAL), Atlanta-based Delta Air Lines (NYSE: DAL) and Chicago-based United Airlines (NYSE: UAL). “When they discontinue a flight, the legacy carriers do not retire the plane and fire the crew,” a news release from the coalition says. “Rather, they