Pentagon Cancelling Colossal $10 Billion JEDI Cloud Contract
While the JEDI contract is ending, the Microsoft v Amazon cloud fight has just begun, with the organization launching a massive new contract.
Our Business subcategory focuses on the business side of finance, with topics covered from mergers and acquisitions, to company restructures and spin-offs.
While the JEDI contract is ending, the Microsoft v Amazon cloud fight has just begun, with the organization launching a massive new contract.
The upcoming stimulus package is massive. $1.9 trillion means it wins 2nd place for 2 things: price and confusion. Here’s what’s in it..
FedEx Plans to Make Its 40K Fleet Carbon-Neutral by 2040 It’s part of the massive company’s plan to transition its 650 aircraft and 43,000 motor
The Postal Service is planning to replace their currently outdated mail trucks with up to 165 thousand new hybrid-fueled trucks by 2023.
2020 was a massive year for Amazon, ending with a $125 billion quarter and a new CEO, ending off with doubling analyst EPS estimates.
Silver Lake Partners, AMC’s once second biggest shareholder, just sold all of their shares for a profit, the first time they’ve been able to.
Quarterly sales for Q2 2020 grew over 17% to an all-time high of $43.1 billion, buoyed by Azure growth and surprising Xbox console gains.
The company continues its massive shift from ICE to electric, with an entirely new logo and commercial business division dedicated to EVs.
In a frenzied 5G airway spectrum, carriers such as Verizon, AT&T, T-Mobile and Charter have broken spending records for cellular capacity.
Peloton’s stock jumped 8% after hours, following news of an announced deal to buy the equipment manufacturer, as a way to expand exports.
The fitness equipment company with a strong support base received incredible growth during the pandemic. Here’s why I think that’ll continue.
Taubman Centers agreed to a merger price cut, from $52.50 to $43 per share, following Simon’s withdrawal from the merger earlier this year.
iOS 16 is hyped up to be one of the best Apple iPhone software updates in years. Here’s how you can get access without $99 down the drain!
With a 1,900 bps boost to FY21 revenue growth, an expected 28% to 31% YoY revenue growth, and a 2.5 P/S ratio, I start Sonos at very bullish.
Alonzo Purple is the newest upgrade to the Cardano blockchain, finally on its way to pass the crypto’s peer-reviewed delay.
The Steam Deck is shaping up to be a tipping point for the handheld industry, deciding whether Nintendo will be the only company left.
Sony’s uber-popular PlayStation 5 may receive a new design and more efficient AMD chipset in an upcoming redesign for the console.
It’s been less than 2 years since Facebook purchased CTRL-Labs, and they’re already releasing concepts of how neural wristbands will work.
In a CNBC “Squawk Alley” interview on Wednesday, Disney CEO Bob Chapek has confirmed that Disneyland will be reopening later next month.
The company will use the $30 billion in proceeds from the deal to cut down on debt, with a planned 1-8 reverse stock split in the works.
The upcoming stimulus package is massive. $1.9 trillion means it wins 2nd place for 2 things: price and confusion. Here’s what’s in it..
In a unique turn of events, Apple subpoenaed Valve for the sales figures of over 30,000 games on Steam in its legal fight against Epic Games.
While PayPal’s now worth over $350 billion, there are still several (at least 10) reasons to back buying into the payments company.
Disney+ is up to almost 100 million subscribers already, bringing in over $3.5 billion for Q4 with the rest of Disney’s streaming offerings.
Microsoft has collected quite the library for their game subscription service, Game Pass, which for $15/month, has over 500 games available.
Quarterly sales for Q2 2020 grew over 17% to an all-time high of $43.1 billion, buoyed by Azure growth and surprising Xbox console gains.
The big data company is now worth over $55 billion dollars on news of a possible 4X in customers on the company’s software ahead of Demo Day.
The company filed to launch the ARK Space Exploration ETF as ARKX, sending shares in companies such as Virgin Galactic soaring on the news.
The company continues its massive shift from ICE to electric, with an entirely new logo and commercial business division dedicated to EVs.
In a frenzied 5G airway spectrum, carriers such as Verizon, AT&T, T-Mobile and Charter have broken spending records for cellular capacity.
Musk’s Tesla falls just 450 vehicles short of their half a million EV delivery target, or about 0.09% away from their goal.
Third Point’s Dan Loeb pressed Intel to make sweeping manufacturing changes in order to bring back lost market share and declining value.
The biggest hack in years involved several US agencies, 18,000 customers, and more than 425 of the Fortune 500, the US’ biggest companies.
The over-the-ear AirPods Max headphones release on December 15th, marking Apple’s move into the expensive high-end headphone market.
Bloomberg reported that Apple is already prepping next-gen Apple Silicon chips, with up to an incredible 128 high-performance GPU cores.
AT&T’s WarnerMedia has decided to release all Warner Bros films on HBO Max at the same time as in theaters, for a month before their removal.
The fitness equipment company with a strong support base received incredible growth during the pandemic. Here’s why I think that’ll continue.
When finance becomes an important part of your life, come to Statural Finance, where we’ll help teach you important parts of personal finance, recommend stocks to invest in, and bring you market news.
Statural.com is an independently owned and operated news website, providing useful information across five major categories.
© 2020 Statural. All rights reserved