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Transcripts For CNBC Mad Money 20240713

Ad, charlie the tuna got shot down sorry charlie. Starkist did not want tuna with good taste, they wanted tuna that tasted good i dredged it up because today the market rejected charlie. And they went with tuna that just plain tastes good solid real, clean copies with no flaws and consistency. If you look at the averages, this would have seemed like a sedate day nasdaq declining 2. 30 when you dig deeper, there was a major rotation out of the charlie the tuna stocks. And in to plain old albacore packed in water. It started yesterday when the banks reported better than expected especially with the curb of them being able to make money off of your deposits. The banks have so many other robust earning streams that we dont have to fret about the yield curve as much as we once thought. There was an 8 Revenue Growth and the stock roared from 116121, it was a bank to be it was pointed out the consumer continues to be quite strong, end quote. Hey, gloomers and doomers, listen to jamie. The mar

IBM, Red Hat help launch AI Alliance to support open efforts

Red Hat, which traces its founding three decades ago to Open Source, and corporate parent IBM are key players in a new artificial intelligence-focused organization that says it wants to advance "open innovation" and "open science" in AI rather than proprietary solutions.

After Pentagon s JEDI Contract, Microsoft And Amazon Now Fighting Over $10 Billion NSA Cloud Contract Won By AWS

Pentagon kills USD 10 bn JEDI cloud contract awarded to Microsoft

Pentagon kills USD 10 bn JEDI cloud contract awarded to Microsoft Published: Share Tweet Recipient s Name Send In a significant development, the US Department of Defense announced on Tuesday that Pentagon has cancelled $10 billion JEDI (Joint Enterprise Defense Infrastructure) contract that was given to Microsoft in 2019, leaving the favourite Amazon out of the race during the Donald Trump administration. Representative Image Washington: According to a report in CNBC, the Pentagon said that due to evolving requirements, increased cloud conversancy, and industry advances, the JEDI Cloud contract no longer meets its needs. The JEDI contract was meant to modernise the Pentagon s IT operations for services rendered over 10 years. After Microsoft was awarded the decade-long contract in October 2019, Amazon Wed Services (AWS) which is the Cloud arm of Amazon, filed a bid protest

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