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.
A $1.9 Trillion Explanation of What’s In The Stimulus Package
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
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 vehicle fleet into a carbon-neutral future. Credit | FedEx In an announcement this morning, FedEx said that the company would be spending $2 billion on “initial investments,” in order to […]
USPS Reveals Improved Next-Generation 2023 Hybrid Mail Trucks
The Postal Service is planning to replace their currently outdated mail trucks with up to 165 thousand new hybrid-fueled trucks by 2023.
Amazon Reports First $100 Billion Quarter Following Massive Growth
2020 was a massive year for Amazon, ending with a $125 billion quarter and a new CEO, ending off with doubling analyst EPS estimates.
AMC Theatres’ 2nd Biggest Shareholder Sells Stock for $113 Million Profit
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.
Microsoft Earnings Surge on Azure Growth, Boosts Revenue to Highs
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.
GM Launches New Commercial Business as Part of EV Shift
The company continues its massive shift from ICE to electric, with an entirely new logo and commercial business division dedicated to EVs.
Gigantic 5G Spectrum Bids By Providers Surge Past $76.5 Billion
In a frenzied 5G airway spectrum, carriers such as Verizon, AT&T, T-Mobile and Charter have broken spending records for cellular capacity.
Peloton Announces Massive Deal with $420 Million Precor Buy
Peloton’s stock jumped 8% after hours, following news of an announced deal to buy the equipment manufacturer, as a way to expand exports.