|Bid||149.92 x 1300|
|Ask||149.93 x 800|
|Day's Range||149.48 - 151.18|
|52 Week Range||137.45 - 171.13|
|PE Ratio (TTM)||24.16|
|Earnings Date||Oct 16, 2018|
|Forward Dividend & Yield||6.28 (4.15%)|
|1y Target Est||162.42|
Walmart has been working with IBM on a food safety blockchain solution and today it announced it's requiring that all suppliers of leafy green vegetable for Sam's and Walmart upload their data to the blockchain by September 2019 . Most supply chains are bogged down in manual processes. Each node on the blockchain could represent an entity that has handled the food on the way to the store, making it much easier and faster to see if one of the affected farms sold infected supply to a particular location with much greater precision.
A race by U.S. tech companies to build a new generation of powerful "quantum computers" could get a $1.3 billion boost from Congress, fueled in part by lawmakers' fear of growing competition from China. Legislation passed earlier in September by the U.S. House of Representatives would create a 10-year federal program to accelerate research and development of the esoteric technology. As the bill moves to the Senate, where it also has bipartisan support, the White House showed its enthusiasm for the effort by holding a quantum summit Monday.
Walmart Inc., in a letter to be issued Monday to suppliers, will require its direct suppliers of lettuce, spinach and other greens to join its food-tracking blockchain by Jan. 31. The retailer also will mandate that farmers, logistics firms and business partners of these suppliers join the blockchain by Sept. 30, 2019. The supplier push comes after 18 months of testing the blockchain system from developed by International Business Machines Corp. Tests to trace berries, mangoes, baby food, chicken and other foods on the IBM Food Trust blockchain have produced a more complete view of the food system than under current federal regulations, according to Nestlé SA, Dole Food Co., and other participants in the project.
After several years of tests, Walmart Inc. is ready to mandate use of blockchain technology by a swath of its U.S. suppliers, marking one of its biggest commercial uses. Starting in September 2019, Walmart and its Sam’s Club division will require suppliers of fresh, leafy greens to implement real-time, end-to-end traceability of products back to the farm using a digital ledger developed by International Business Machines Corp. The world’s largest retailer plans similar mandates for other fresh fruit and vegetable providers within the next year, according to Frank Yiannas, vice president of food safety. Walmart’s move shows that IBM’s huge bet on blockchain, the technology that underpins the digital currency Bitcoin, is starting to pay off.
Which begs the question: Is this Warren Buffett’s worst investment? “I see no reason why Wells Fargo as a company…going forward is in any way inferior to the other big banks with which it competes,” Buffett said during annual shareholders meeting in May. “We have a large unrealized gain [in the stock].
In order to improve the patient healthcare experience, Accenture (ACN) has launched Ella and Ethan, two virtual assistant bots embedded with artificial intelligence (or AI) technology. The main purpose of the new platform is to reduce the communication gaps among life sciences companies, patients, and healthcare providers.
Apprenticeships have long been associated with manufacturing and construction jobs. While these efforts were growing in number, Mayor Bill de Blasio last year announced a new initiative to establish 450 apprenticeships in the industrial, health and tech industries by 2020. The city will use models already pioneered by some tech companies to encourage other businesses to hire apprentices.
The White House will hold a meeting on Monday on U.S. government efforts to boost quantum information science, with administration officials, leading companies including Alphabet Inc, IBM Corp, JPMorgan Chase & Co and academic experts taking part. Quantum computers could operate millions of times faster than today's advanced supercomputers. Experts have said the promising technology, still in its infancy, could have a major impact on healthcare, communications, financial services, transportation, artificial intelligence, weather forecasting and other areas.
IBM's transition has tested the patience of shareholders, but there are good reasons why the next 10 years could be much more rewarding.
Alphabet’s (GOOGL) Google is launching its Advanced Solutions Lab (or ASL) in Japan, the company announced at its Cloud Next 2018 event in Tokyo recently.
Alphabet’s (GOOGL) Google has introduced a new tool for its G-Suite business customers. With the Work Insights tool, Google could help its business customers in their digital transformations by pointing them to areas where they may want to do more training for employees to better align everyone with the organization’s digital objectives. G-Suite is the brand name of Google’s cloud productivity and collaboration apps, with prices starting at $10 per user per month for business customers.
Ericsson (ERIC) is acquiring CENX as part of its program to bolster its network automation capabilities as 5G network deployment gets underway. In the United States, Verizon (VZ) is close to activating 5G services in four cities. AT&T (T) is racing to launch 5G services in up to a dozen cities later in the year.
USA Technologies (USAT) successful cross-selling wins, synergies from acquisitions and international expansions are key positives.