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☆ Lightning Round: This is Boeing's time if they don't screw it up
▼ + stars: | 2023-02-27 | by ( ) www.cnbc.com time to read: 1 min

In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailLightning Round: This is Boeing's time if they don't screw it upMad Money host Jim Cramer weighs in on all manner of stocks, including Accenture, Boeing, Biogen, Union Pacific, Meta, Nokia and Enphase Energy.

☆ Googlers are begrudgingly testing Bard and making memes out of their new task.
▼ + stars: | 2023-02-27 | by ( Diamond Naga Siu | ) www.businessinsider.com time to read: +5 min

Since it's a tough time in the tech industry right now, I hope this resonates with some of you, too. Thomas Maxwell/InsiderGooglers are begrudgingly testing their company's ChatGPT competitor. CEO Sundar Pichai asked every employee to spend multiple hours testing Google's new chatbot Bard. They were tasked with improving Bard by asking it questions and flagging bad answers, in addition to their normal responsibilities. Some made memes from the conversations they've had with Bard, continuing a trend of internally mocking the chatbot.

☆ Nokia changes iconic logo to signal strategy shift
▼ + stars: | 2023-02-26 | by ( Supantha Mukherjee | ) www.reuters.com time to read: +3 min

[1/3] A mockup of the new Nokia logo, is seen at an unknown location, in this undated handout picture received on February 25, 2023. The new logo comprises five different shapes forming the word NOKIA. The iconic blue color of the old logo has been dropped for a range of colours depending on the use. Major technology firms have been partnering with telecom gear makers such as Nokia to sell private 5G networks and gears for automated factories to customers, mostly in the manufacturing sector. Nokia plans to review the growth path of its different businesses and consider alternatives, including divestment.

BARCELONA, Feb 26 (Reuters) - Microsoft has unveiled previews of two AI-powered services designed to manage telecom networks, drawing on the same capabilities used to manage the tech giant's Azure cloud platform. Microsoft first entered the 5G arena after its acquisition of cloud networking companies Affirmed Networks and Metaswitch in 2020. “What we’re doing is taking our native cloud work and making it specific to this telecom operator network space. I think a really great example of that is all the AI ops work that we are introducing into the system," said Jason Zander, executive vice president of strategic missions and technologies at Microsoft. Monica Zethzon, a vice president at Ericsson, said the developments would allow operators to "transform their core networks while improving customer experiences".

☆ Nokia phone maker HMD to set up production in Europe
▼ + stars: | 2023-02-25 | by ( Supantha Mukherjee | ) www.reuters.com time to read: +2 min

BARCELONA (Reuters) - HMD Global Oy, licensee of Nokia-brand smartphones, said on Saturday it is developing capabilities and processes this year to bring 5G device production to Europe. REUTERS/Yves Herman/File PhotoEurope has no big smartphone manufacturing presence, as all the major companies, including Apple and Samsung, make their phones in Asia to cut costs. HMD in 2016 signed an exclusive 10-year licensing agreement with Nokia Oyj, once the world’s largest phone maker, to make Nokia-branded smartphones and tablets. HMD used Nokia’s remaining phone patents and manufacturing facilities of Taiwan’s Foxconn to build a new line of smartphones to compete with other budget Android phone makers. The company also unveiled three smartphones on Saturday - the Nokia G22, Nokia C32 and Nokia C22 - with three-day battery life and said it would begin repairing mobiles in collaboration with repair firm iFixit.

☆ Nokia launches smartphone you can fix yourself, jumping on 'right to repair' trend
▼ + stars: | 2023-02-25 | by ( Ryan Browne | ) www.cnbc.com time to read: +4 min

The Nokia G22 smartphone from Finnish firm HMD Global comes with a removable back to let you swap out broken parts. The next smartphone to come from mobile icon Nokia is a handset that users can repair themselves. The Nokia G22, developed by Finnish manufacturer HMD Global, is a standard smartphone with a 6.5-inch screen and a 50-megapixel main camera. Right to repair refers to a movement among consumer rights campaigners to make it easier for consumers to repair their gadgets. There is one drawback with the Nokia G22 — it only meets the IP52 benchmark on resistance against damaging substances, meaning it is not immune to water damage.

☆ Ericsson to lay off 8,500 employees -memo
▼ + stars: | 2023-02-24 | by ( Supantha Mukherjee | ) www.reuters.com time to read: +2 min

STOCKHOLM, Feb 24 (Reuters) - Telecom equipment maker Ericsson (ERICb.ST) will lay off 8,500 employees globally as part of its plan to cut costs, a memo sent to employees and seen by Reuters said. "The way headcount reductions will be managed will differ depending on local country practice," Chief Executive Borje Ekholm wrote in the memo. Many telecom companies had beefed up their inventories during the height of the pandemic which is now leading to slowing orders for telecom equipment makers. Verizon (VZ.N), one of the largest telecom companies, plans to spend between $18.25 billion and $19.25 billion this year, down from a capital expenditure budget of $23 billion last year. Nordic rival Nokia (NOKIA.HE) has not announced any plans to lay off employees.

☆ Nokia, Kyndryl extend partnership for private 5G factory networks
▼ + stars: | 2023-02-14 | by ( ) www.reuters.com time to read: +2 min

STOCKHOLM, Feb 14 (Reuters) - Nokia (NOKIA.HE) and Kyndryl (KD.N) have extended their partnership for three years after clocking up more than 100 customers for automating factories using 5G wireless networks, following their first tie-up a year earlier. "We grew the business significantly last year with the number of customers and number of networks," Chris Johnson, head of Nokia's enterprise business, told Reuters. The companies said some customers were now coming back to put private networks into more of their factories after the initial one. In Dow Chemical's petrochemical processing plant in Texas, the private wireless network increased worker safety, enabled remote audio and video collaboration, personnel tracking, and vehicle telematics, the companies said. The size of the global private 5G network market is expected to reach $41.02 billion by 2030 from 1.38 billion in 2021, according to a study by Grand View Research.

☆ Apple supplier Salcomp to boost Indian workforce to 25,000
▼ + stars: | 2023-02-13 | by ( Praveen Paramasivam | ) www.reuters.com time to read: +2 min

[1/2] A salesperson speaks to a customer at an Apple reseller store in Mumbai, India September 1, 2021. REUTERS/Francis Mascarenhas/File PhotoCHENNAI, Feb 13 (Reuters) - Finland's Salcomp, a supplier to Apple (AAPL.O), is planning to more than double its workforce in India to nearly 25,000 over the next three years, a company executive said on Monday. And India is poised to be one of the best alternatives," said Sasikumar Gendham, managing director, Salcomp Manufacturing India. Salcomp, a major supplier of chargers to the iPhone maker, is also setting up a housing complex with entertainment and education for about 15,000 people, said Gendham. Foxconn (2317.TW), another Apple supplier, also plans to quadruple the workforce at its iPhone factory in India over two years, Reuters had reported last year.

☆ The AI craze has sent some stocks soaring up to 300%. This list of over 74 stocks across 5 categories features the top picks from the sector's leading fund managers.
▼ + stars: | 2023-02-08 | by ( Laila Maidan | ) www.businessinsider.com time to read: +11 min

These 74 stocks are picked by AI ETF managers. What she believes is unique about her fund is its heavy focus on quantum computing technology, making up 41.22% of the fund. While big data is used for different technologies, it enables AI to work with massive data sets in its machine-learning process. TipRanks, a financial technology website that uses AI to analyze financial data, created a stock list for what they deem are the best AI stocks based on popularity. TipRanks' list of nine of the best AI stocks have large market caps and are likely to remain relevant for a long time.

☆ Huawei turns to patents for a lifeline — including those in the U.S.
▼ + stars: | 2023-02-06 | by ( Evelyn Cheng | ) www.cnbc.com time to read: +7 min

In 2022, Huawei announced it signed more than 20 new or extended licensing agreements for its patents. But the sheer number of patents filed meant Huawei ranked fourth last year by the number of patent grants in the U.S., IFI said. For Huawei, licensing its patents to other companies has the potential to claw back a bit of that revenue. Huawei did not break down specific figures, and only said it met its intellectual property revenue expectations for 2021. "I don't think they had a choice in terms of sort of boosting their licensing revenue."

☆ Mobile phone, PC shipments to fall again in 2023, Gartner says
▼ + stars: | 2023-01-31 | by ( Supantha Mukherjee | ) www.reuters.com time to read: +2 min

STOCKHOLM, Jan 31 (Reuters) - Shipments of personal computers and mobile phones are expected to fall for the second straight year in 2023, with phone shipments slumping to a decade low, IT research firm Gartner said on Tuesday. Mobile phone shipments are projected to fall 4% to 1.34 billion units in 2023, down from 1.40 billion units in 2022, Gartner said. That was close to the 2009 shipments level when Blackberry and Nokia phones were the market leaders as Apple tried to dent their dominance. The mobile phone market peaked in 2015 when shipmentstouched 1.9 billion units. Personal computer shipments are expected to slide 6.8% this year after falling 16% in 2022, the research firm said.

☆ Here are Tuesday's biggest analyst calls: Apple, Alphabet, Ford, Lucid, AMD, Uber & more
▼ + stars: | 2023-01-31 | by ( Michael Bloom | ) www.cnbc.com time to read: +6 min

Here are Tuesday's biggest calls on Wall Street: Barclays reiterates Apple as equal weight Barclays said it sees a miss when the Apple reports earnings Thursday. Deutsche Bank reiterates Disney as buy Deutsche Bank said it's standing by shares of Disney heading into earnings on Feb. 8. Bank of America reiterates Alphabet as buy Bank of America said Alphabet continues to pull the right "cost levers in a tough environment." Mizuho reiterates Uber as buy Mizuho said it's "constructive" on Uber shares heading into earnings on Feb. 8. Deutsche Bank reiterates PayPal as buy Deutsche said it's staying bullish heading into PayPal earnings in early February.

☆ India is a true bright spot in the midst of a global downturn, top execs and policymakers say
▼ + stars: | 2023-01-27 | by ( Jenni Reid | ) www.cnbc.com time to read: +5 min

But India does shine out among the world's biggest economies, with Europe hovering on the brink of potential recession and U.S. growth slowing. "It's for the whole digital India, and creating a digital society in India," Ekholm told CNBC. watch nowIndia, he continued, "will very shortly have the best digital infrastructure outside of China," driven by telecoms juggernauts Bharti Airtel and Jio, he added. Strong tailwinds"We are very optimistic and very positive on India," the chief executive of Tata Consultancy Services, Rajesh Gopinathan, told CNBC. As Anish Shah, chief executive of Mahindra Group, told CNBC: "India will get impacted.

☆ Rolls-Royce alarm is justified, if oddly expressed
▼ + stars: | 2023-01-27 | by ( ) www.reuters.com time to read: +2 min

LONDON, Jan 27 (Reuters Breakingviews) - Rolls-Royce's (RR.L) new boss Tufan Erginbilgic has the right sentiments, but arguably the wrong words. Cue a 4% drop in Rolls’ share price. In fairness, the Turkish-British national’s alarm is justified. Rolls is a bit like that: its share price has dropped 70% since 2014. JPMorgan reckons the sum of its parts implies an equity value of only 70 pence a share, 30% below the current share price.

☆ European shares gain on earnings optimism
▼ + stars: | 2023-01-26 | by ( ) www.reuters.com time to read: +1 min

Jan 26 (Reuters) - European shares gained on Thursday as upbeat quarterly results from STMicroelectronics, Sabadell and Nokia eased worries over the corporate earnings season amid signs of a recession. The pan-European STOXX 600 (.STOXX) rose 0.6% at 0835 GMT, with technology (.SX8P) and financial services (.SXFP) stocks leading gains. Spanish lender Sabadell (SABE.MC) gained 8.8% following the management's upbeat commentary on 2024 net interest income despite a fall in fourth-quarter net profit. Nokia (NOKIA.HE) rose 5.5% after the Finnish telecom equipment maker beat quarterly operating profit expectations and forecast higher 2023 sales. Reporting by Ankika Biswas in Bengaluru; Editing by Anil D'SilvaOur Standards: The Thomson Reuters Trust Principles.

☆ Nokia's quarterly profit beats expectations on 'robust' demand
▼ + stars: | 2023-01-26 | by ( ) www.reuters.com time to read: +1 min

STOCKHOLM, Jan 26 (Reuters) - Nokia (NOKIA.HE) on Thursday beat quarterly operating profit expectations and forecast higher 2023 sales as the Finnish telecom equipment maker benefited from 5G roll-out in countries such as India. "Looking forward to 2023, while we are mindful of the uncertain economic outlook, demand remains robust," Lundmark said in a statement. Nokia forecast full-year net sales of between 24.9 billion euros and 26.5 billion euros, which implies between 2% and 8% growth in constant currency. Analysts expect 25.5 billion euros. Net sales grew 16% to 7.45 billion euros, beating estimates of 7.11 billion.

☆ Nokia's quarterly profit beats expectations
▼ + stars: | 2023-01-26 | by ( ) www.reuters.com time to read: 1 min

STOCKHOLM, Jan 26 (Reuters) - Nokia (NOKIA.HE) on Thursday reported quarterly operating profit above market expectations as the Finnish telecom equipment maker benefited from strong demand from phone companies in countries such as India as they roll out 5G and higher patent revenue. Fourth-quarter comparable operating profit rose to 1.15 billion euros ($1.26 billion) from 908 million last year, beating the 924.6 million euro mean forecast of 10 analysts polled by Refinitiv. ($1 = 0.9160 euros)Reporting by Supantha Mukherjee in Stockholm, editing by Terje SolsvikOur Standards: The Thomson Reuters Trust Principles.

☆ Morning Bid: Heading for a soft landing?
▼ + stars: | 2023-01-26 | by ( ) www.reuters.com time to read: +2 min

Things are not as bad as some had feared, with the region's prospects boosted by China's reopening, an unexpectedly mild winter and resilient activity data. These hopes have lifted the pan-European STOXX 600 index (.STOXX), which is up 6.4% for the month and is set for its best January performance since 2015. Investors' focus is on next week's set of central bank meetings as the U.S. Federal Reserve, European Central Bank and Bank of England decide on their rate-hike paths. Share price performance, earnings and sales for TeslaKey developments that could influence markets on Thursday:Economic events: Sweden's consumer confidence data for January, U.S. GDP data. Earnings: LVMH, Nokia, STMicroelectronics, Diageo and Volvo in Europe; Blackstone, Mastercard, Southwest Airlines, Intel, and Visa among others in United States.

☆ Morning bid: Parsing the peak, sidestepping a slump
▼ + stars: | 2023-01-26 | by ( ) www.reuters.com time to read: +4 min

"We are turning the corner on inflation," BoC Governor Tiff Macklem told reporters, while dismissing any thought of policy easing for now. Just how bad the underlying economy gets before the central banks are done is the other burning question. On the activity side, the prospect of reviving growth in China and the euro zone certainly changes the international picture. In Europe, STMicroelectronics jumped 8% after the chipmaker reported a sales beat and Finnish telecom equipment maker Nokia jumped 5% after its own beat. They do not reflect the views of Reuters News, which, under the Trust Principles, is committed to integrity, independence, and freedom from bias.

☆ Europe Inc earnings offer market optimists more hope
▼ + stars: | 2023-01-25 | by ( ) www.reuters.com time to read: +5 min

Shares in ASML were lower after the results, having rallied recently to hit their highest since last April. Helped by strong orders in Europe, French train maker Alstom (ALSO.PA) posted an 8% rise in third-quarter sales. While it is still early in the corporate earnings season, the results offer some hope that recent economic data which has buoyed equities this month is grounded in reality. Swiss asset manager GAM (GAMH.S) meanwhile warned on profits after experiencing negative asset flows, knocking its shares 2.5% lower in early morning trading. ($1 = 0.8115 pounds)Reporting by Reuters newsroom; Writing by Josephine Mason; Editing by Catherine EvansOur Standards: The Thomson Reuters Trust Principles.

☆ Nokia signs 5G patent agreement with Samsung
▼ + stars: | 2023-01-23 | by ( ) www.reuters.com time to read: +1 min

[1/2] A view of the logo at the headquarters of the Finnish telecoms company Nokia in Espoo, Finland March 16, 2021. Lehtikuva/Heikki Saukkomaa via REUTERSSTOCKHOLM, Jan 23 (Reuters) - Finnish telecom equipment maker Nokia (NOKIA.HE) on Monday said it has signed a new multi-year agreement to license its 5G patents to Samsung (005930.KS) following the expiry of the previous pact in December. Samsung will make payments to Nokia from Jan. 1, but the companies did not disclose the terms of the deal. Nordic rival Ericsson (ERICb.ST) last year also reached an agreement on 5G patents with Samsung, ending a dispute that hit its quarterly revenue. Nokia's patent portfolio is made of around 20,000 patent families, including over 4,500 patent families declared essential to 5G.

☆ Nokia signs new 5G patent deal with Samsung
▼ + stars: | 2023-01-23 | by ( ) www.reuters.com time to read: 1 min

[1/2] A view of the logo at the headquarters of the Finnish telecoms company Nokia in Espoo, Finland March 16, 2021. Lehtikuva/Heikki Saukkomaa via REUTERSOSLO, Jan 23 (Reuters) - Nokia (NOKIA.HE) said on Monday it has signed a new cross-license patent agreement with Samsung following the expiry of a previous agreement at the end of 2022. "Under the agreement, which covers Nokia's fundamental inventions in 5G and other technologies, Samsung will make payments to Nokia for a multi-year period beginning 1 January 2023," the Finnish company said. The agreement is consistent with Nokia's previous long-term outlook disclosure, the company said. Reporting by Terje Solsvik, editing by Essi LehtoOur Standards: The Thomson Reuters Trust Principles.

☆ Get ready for a deluge of data next week that will shape the Fed's next moves
▼ + stars: | 2023-01-21 | by ( Zev Fima | ) www.cnbc.com time to read: +8 min

Within the portfolio, we'll get the latest earnings from Danaher (DHR), Halliburton (HAL), and Johnson & Johnson (JNJ) on Tuesday before the opening bell. While the results will be important as always, we are most interested in the earnings call with analysts and investors. Housing Starts fell 1.4% in December to a seasonally adjusted annual rate of 1.38 million, slightly above the 1.36 million expected. Building permits dropped 1.6% in December to a seasonally adjusted annual rate of 1.33 million, below expectations of 1.37 million. As a subscriber to the CNBC Investing Club with Jim Cramer, you will receive a trade alert before Jim makes a trade.

☆ Earnings could keep the market on edge in week ahead as investors wait for Fed
▼ + stars: | 2023-01-20 | by ( Patti Domm | In | ) www.cnbc.com time to read: +8 min

I do think that will happen even more in the week ahead as the Fed is in a blackout period. S & P Global PMI data is released for both services and manufacturing Tuesday. "The market continues to think the Fed does not have to administer as much medicine as the Fed tells us they plan to. Earnings, earnings, earnings Stocks were lower in the past week, with the S & P 500 off by 1.8%. "It's a mild earnings recession, but it's an earnings recession.

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