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Key Tech Sector Updates for the Week Ended June 23, 2017


Tech quarter maintains to outperform broader markets.

Technology shares (QQQ) rose a blended 2.3% in the week ended June 23, 2017, after three weeks of bad returns. The S&P 500 Index rose to zero., 2% in the identical duration. Oracle (ORCL), BlackBerry (BBRY), Red Hat (RHT), and Accenture (ACN) all reported profits in the week. Micron Technology (MU) is the only technology enterprise that has noticed a good way to announce its income results within the coming week. Top gainers for the week ended June 23. Advanced Micro Devices (AMD) became the largest generation sector gainer in the week ending June 23. AMD shares rose a jaw-dropping 23.Nine in the week, possibly because of the launch of its new excessive-overall performance processors.

Red Hat shares rose thirteen.2% in the final week. The software program enterprise’s stocks soared after its earnings beat estimates. It also furnished robust steering for fiscal 2Q17. Oracle shares rose thirteen.0% a closing week after the organization beat income expectancies. Meanwhile, BlackBerry shares were the most important losers of the generation zone inside the week, falling 7.5%. The company’s stocks plummeted on June 23 after a massive fall in its quarterly sales. Comcast (CMCSA) stocks fell 4.3% inside the week ended June 23 after influential media analyst Craig Moffett downgraded the cable sector to a “neutral” rating. Accenture shares fell 3. Eight weeks later, the business consulting enterprise trimmed its margin outlook; however, it mentioned monetary 3Q17 earnings that met expectations.

Blackberry continues to shift recognition to software commercial enterprise.

BlackBerry posted a steep fall in its quarterly revenue because it continued to shift its cognizance to its growing software program business. Its monetary 1Q18 sales fell forty-one, to $235 million, compared to $four hundred million in financial 1Q17. The Canadian software program and device business enterprise suggested an income of $671 million, or $1.23 according to percentage, in its fiscal 1Q18. A year earlier, the corporation noticed an earnings fall of $670 million.


Oracle earnings beat analysts’ estimates.

Oracle released its fiscal 4Q17 consequences on June 21. The global PC era enterprise mentioned EPS (earnings in keeping with share) of $0.89, a rise of almost 9. Nine yr-over-year (or YoY), beating analysts’ expectations using $0.11. Its revenue got here at $10 nine billion, a 2.Eight% upward push on a YoY basis.

Google to promote two robot-making agencies.

Alphabet (GOOG) is promoting its robot-making businesses for an undisclosed quantity. The consumer is SoftBank, a proven hobby in the robots and AI (artificial intelligence) era. The robotics groups are Boston Dynamics and Schaft. The latter is primarily based in Tokyo and is a spin-off of the University of Tokyo.

Facebook and Snap to reveal original content material on their respective systems

Time Warner (TWX) announced it might invest $100 million in Snapchat (SNAP). The media will offer Snapchat with around ten originals, which indicates consistency with 12 months for the subsequent two years. This comes at a time when Snapchat’s download price is falling. The deal ought to raise the download charge for the app. Facebook (FB) also talks to Hollywood studios and organizations about producing suggestions for releasing authentic programming on its platforms, such as Instagram.

Apple-Qualcomm felony battle maintains

Apple (AAPL) prolonged its protracted prison fight against Qualcomm (QCOM) on June 20, arguing that Qualcomm’s commercial enterprise model violates patent law and that many patents are invalid.

AMD to provide Intel a run for its money in the server chip segment

Advanced Micro Devices launched its new technology of excessive-overall performance processors for facts centers on June 20 to pressure its manner again into the facts center computing engine marketplace, which is presently dominated via Intel (INTC). As mentioned above, AMD shares soared 23% the remaining week.

Android Smartphone: How to Choose the Best?

Many Smartphones have recently been introduced into the technology marketplace. They are changing the generation and the software program, making it difficult for users to choose. If you recognize the standards for deciding on the high-quality available choice in Android smartphones, you cannot choose one without problems. Let us discover the criteria you must understand to select the great Android Smartphone. The first issue that you want to remember is the specifications. Let us scrutinize this separately and find out.

1. OS or Operating System

Before you decide on the latest available version, you must recognize that Android continues getting updates. Therefore, if you own an Android that isn’t on par with the modern-day software model, you need not fear. You can upgrade your device and get a hold of today’s Android model. The versions are available online for downloads; you can easily access those through your tool or log in to attain the modern version. The latest software program has many functions and loose services and is like-minded with the new smartphones. With a new OS (operating system), you may download new wallpapers, get a faster right of entry, have a brand new menu, and use other such features.

However, you ought to consider one component: not every Android is designed to get hold of updates. Often, updates are available for specific OS simplest while others are rendered outdated. For example, if you already have Gingerbread, you’ll be tied to it until you get a replacement for this precise model. Remember that a software program upgrade is not something assured. It is higher to opt for an Android version. This can receive new updates, and the recent version must be saved while creating a purchase.

2. Updates

Being keen on making software updates is comprehensible; however, what if you cannot install the identical on your device? One crucial component is that you need to cross for the modern-day tool to be had. Choose the latest handset to be had. You might come across numerous Xperia series or Galaxy collections with distinct manufacturers. An ultra-modern available device is capable of accepting software improvements. You want to watch the new version to see if the producer is keen on releasing every other software program that improves that precise device.


Geneva A. Crawford
Twitter nerd. Coffee junkie. Prone to fits of apathy. Professional beer geek. Spent several years buying and selling magma in Miami, FL. Spent a year lecturing about psoriasis in Las Vegas, NV. Managed a small team writing about circus clowns in Las Vegas, NV. Garnered an industry award while writing about lint in the financial sector. Spoke at an international conference about getting my feet wet with dust in Libya. Spoke at an international conference about researching rocking horses in Bethesda, MD.