Author: pluginever

I think everyone here remembers Okta's scandalous security issues. Back then, Okta lost over $6B in one go after revealing the breach, and then another $2B following yet another scandal (https://www.benzinga.com/opinion/24/09/40884059/oktas-costly-cyber-security-failures-a-60-million-lesson-in-transparency) The biggest one was in 2021, when it was revealed that Okta employees could access customer data from their home laptops. Then LAPSUS wrote…

FDA approves osimertinib for locally advanced, unresectable (stage III) non-small cell lung cancer following chemoradiation therapy | FDA On September 25, 2024, the Food and Drug Administration approved osimertinib (Tagrisso, AstraZeneca Pharmaceuticals) for adult patients with locally advanced, unresectable (stage III) non-small cell lung cancer (NSCLC) whose disease has not progressed during or following concurrent…

AMD still struggles with MI300 partnership and these made available through larger cloud service providers like AWS and GCP. There are some new AI farms but that won't have large adoption for production workloads. Neither would spend lot of time training models in these small farms only to realize there are very limited options to…

Southwest Airlines is planning to reduce service to and from Atlanta next year, cutting more than 300 pilot and flight attendant positions, according to a company memo seen by CNBC. The changes come a day before Southwest’s investor day, when executives will map out the company’s plan to cut costs and grow revenue as pressure…

Tsm looks fairly valued to me at the moment with a peg ratio of 1 and over 20% earnings growth each year over the past five years and they’re a industry leader with over 50% market share in a booming industry. They’re well financed with a good balance sheet and aren’t afraid to use capital…

“Micron delivered 93% year-over-year revenue growth in fiscal Q4, as robust AI demand drove a strong ramp of our data center DRAM products and our industry-leading high bandwidth memory. Our NAND revenue record was led by data center SSD sales, which exceeded $1 billion in quarterly revenue for the first time,” said Micron Technology President…

Google filed an antitrust complaint with the European Commission on Wednesday accusing Microsoft of using unfair licensing contracts to stifle competition in the multibillion-dollar cloud computing industry. At the heart of Google’s complaint is the allegation that Microsoft uses unfair licensing terms to “lock in” clients and exert control over the cloud market. Google alleges…

Meta announced the Quest 3S, the latest virtual reality headset to come out of the company’s Reality Labs division and a cheaper offering than its predecessor. The device will go on sale on Oct. 15, and it’ll retail starting at $299, down from the $499 starting price for 2023′s Quest 3. The device can be…

Boeing (BA) finds itself stuck between a rock and a hard place as the labor strike between it and the International Association of Machinists (IAM) union nears a second week. On Monday, Boeing upped its offer to the union, which represents 33,000 workers, but did not proceed through union leadership and instead sent a “best…

These daily discussions run from Monday to Friday including during our themed posts. Some helpful links: Finviz for charts, fundamentals, and aggregated news on individual stocks Bloomberg market news StreetInsider news: Market Check – Possibly why the market is doing what it's doing including sudden spikes/dips Reuters aggregated – Global news If you have a…