Shortly after Trump’s criticism about the costs of the F-35 program, Canadian Prime Minister Justin Trudeau stated that the country would consider the F-35 in an open competition for acquiring fighter jets.
Following Trump’s shot at the F-35 program, major suppliers in the program saw their stock prices slide.
In a derisive tweet, Trump said, “The F-35 program and cost is out of control. Billions of dollars can and will be saved on military (and other) purchases after January 20.”
Donald Trump’s victory is good news for oil and natural gas but bad news for renewable energy sources such as solar and wind power.
Donald Trump wants to repeal the Affordable Care Act (or ACA) and replace it with a new act that encourages free-market competition.
Under Donald Trump’s tax plan, the lowest earning Americans are likely to be the biggest winners.
November 8, 2016, marked a major political shift in the history of the United States as Donald Trump was elected as the next US president.
Walt Disney (DIS) has eliminated Dongguan Qing Xi Juantiway Plastic Factory from its list of manufacturing partners.
On December 4, Italy voted “no” in the much-awaited referendum. It rejected proposals for constitutional changes to limit the power of the upper house.
Asian markets fell on December 5—led by the banking sector. The banking sector lost strength due to the “no” vote during Italy’s referendum.
Approximately $1 trillion is expected to be spent globally on cybersecurity from 2017–2021. In this series, we’ll see how FireEye (FEYE) aims to benefit from growth in this space with its strategic initiatives.
The demonetization move could impact Apple in the short term, but Apple is quite optimistic about its long-term future in India.
Is Facebook (FB) working on a return to China? Facebook has been busy developing a tool that could be used for censoring posts based on the region of the user.
Google can’t expand its digital mapping project in South Korea unless it agrees to make compromises that would hamper the quality of its digital map service.
The 500 rupee note and the 1,000 rupee note were demonetized at midnight on November 8. The move aimed to curb black money in the financial system.
Of the 28 analysts tracking IBM’s stock, 61.0% had given it “holds” as of November 17, 2016. About 29.0% had given it “buys,” and 11.0% had given it “sells.”
After the announcement of the US presidential election’s outcome, which defied the pre-poll results, we saw a fall in the technology sector (QQQ).
IBM’s Strategic Imperatives segment, which refers to its investments in cloud, analytics, mobile, social, and security technologies, continues to grow.
In August 2016, Apple’s CEO, in a talk with The Washington Post about the company’s cash held overseas, said, “We’re not going to bring back until there’s a fair rate.”
In response to the criticisms hurled by Trump on IBM, the company’s CEO, Virginia Rometty, addressed these issues in an open letter to the president-elect.