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IBM Down on Wall Street on Quarterly Earnings Setback

Technology group IBM was a big loser on Thursday at the opening of the stock exchanges in New York. Investors were shocked by the news of the decline in orders for IBM's part that manages IT systems for other companies. That setback almost…

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IBM Down on Wall Street on Quarterly Earnings Setback

Technology group IBM was a big loser on Thursday at the opening of the stock exchanges in New York. Investors were shocked by the news of the decline in orders for IBM's part that manages IT systems for other companies. That setback almost wholly offset a strong revenue increase in cloud software activities last quarter. Wall Street processes a lot of quarterly figures from large…

Paris Climate Goals Threatened by Increase in Oil and Gas Extraction

According to the UN environmental agency UNEP, countries do not adhere to the agreed quantities of fossil fuels that may be extracted. By 2030, countries worldwide will extract more than twice as much oil, natural gas and coal as the maximum allowable to achieve the goals of the Paris climate agreement. In Paris, it was agreed to reduce the use of fossil fuels and the emission of…

Wall Street Rises on Corporate Data Optimism

The US stock exchanges started the trading day with gains on Tuesday. Investors processed a series of company figures. In the first week of the US earnings season last week, two-thirds of companies exceeded expectations, which is now giving shareholders renewed hope. The Dow-Jones index rose 0.3 percent to 35,348 points in the first minutes of trading. The broad-based S&P 500 also…

Patch Should Fix AMD Performance Issues on Windows 11

Microsoft has a patch ready to fix the bugs that cause some applications on AMD Ryzen chips to run up to fifteen percent slower. Two weeks ago, it was publicized that two bugs are causing the combination of AMD and Windows 11 to slow down some apps and games. In one case, the latency (response time) of the L3 cache is three times higher than on Windows 10. In the second bug, a thread is…

Americans are Rebuying More Stuff Due to Delta Variant Coronavirus

The spending pattern of American households has shifted more to goods instead of services due to the Delta variant of the coronavirus. The number of coronavirus infections increased in August and September, reducing demand for services such as travel, hospitality and entertainment. So instead, Americans shifted their spending to goods. Consumer spending accounts for about three-quarters…

Biden Visits Pope Ahead of Glasgow Climate Summit

US President Joe Biden and First Lady Jill Biden will attend an audience with Pope Francis at the Vatican on October 29. Biden will also attend a G20 summit in Italy on October 30 and 31. The White House reports that the president, who is Catholic, wants to discuss possible collaborations with the Pope on tackling issues such as the corona pandemic and climate change. Biden will later…

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