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3 IoT Stocks That Could Grow Your Wealth
Investor Place· 2024-07-21 17:00
The Internet of Things (IoT) refers to connected technology and devices that can communication between themselves and the cloud. An example is a smart home device communicating to a home’s thermostat to adjust the temperature. Another could be a stove preheating itself before one arrives home from work.IoT is expected to assist with being more energy efficient, optimizing supply chains and better managing inventory levels. The advent of artificial intelligence (AI) is expected to accelerate and advance the ...
Blackberry (BB) Boosts Software Portfolio With QNX Containers
ZACKS· 2024-07-18 14:46
BlackBerry Limited (BB) division, QNX, recently strengthened its software portfolio by unveiling cutting-edge QNX Containers. The move represents a significant advancement in container technology for QNX-based devices.QNX Containers facilitate the functioning and management of container technology on QNX-based devices. They offer a standards-based environment that harnesses the power of containerization while upholding the safety, security and reliability of the QNX microkernel model.The state-of-the-art co ...
BlackBerry (BB) Unveils CylanceMDR Pro to Boost Cybersecurity
ZACKS· 2024-07-18 14:11
BlackBerry Limited (BB) recently introduced a managed detection and response (MDR) service called CylanceMDR built on an Open XDR platform powered by AI. It is an expansive platform ecosystem supported by CylanceAI, which is renowned for being one of the longest-running and continuously enhancing predictive AI in the market.CylanceMDR Pro, a comprehensive solution for organizations, is designed to boost cybersecurity defenses. Blackberry noted that this single-platform solution is easily implemented and con ...
QNX Adds QNX Containers To Trusted Software Development Platform Portfolio
Prnewswire· 2024-07-17 13:00
World's most trusted RTOS integrates OCI container technology for OS-level virtualizationWATERLOO, ON, July 17, 2024 /PRNewswire/ -- QNX, a division of BlackBerry Limited (NYSE: BB; TSX:BB), today announced the launch of QNX® Containers. The launch expands the trusted QNX software portfolio to support operating system (OS) virtualization and containerization on QNX-based devices.QNX Containers provide a standards-based environment for the deployment, execution, and management of container technology on QNX- ...
BlackBerry Introduces CylanceMDR Pro: Expansive Platform Ecosystem Powered by AI
Prnewswire· 2024-07-17 10:00
Unified approach to predictive cyber-defense with simple pricing, increases visibility and boosts security posture, without changing existing software stack WATERLOO, ON, July 17, 2024 /PRNewswire/ -- BlackBerry Limited (NYSE: BB; TSX: BB) today announced the launch of CylanceMDR™ Pro, a cutting-edge managed detection and response (MDR) service built on an Open XDR platform powered by AI. Designed to tackle the growing challenges of modern cybersecurity, CylanceMDR Pro overcomes the operational burden facin ...
Tech Stock Tumble Ahead: 3 Companies to Dump Now!
Investor Place· 2024-06-29 17:00
While it is true that technology stocks are leading the market higher, not every tech stock is a winner. As the Nasdaq index continues to hit record highs, many of its components are slumping badly and underperforming. The reality is that for every winner like Nvidia (NASDAQ:NVDA) stock, there are dozens of losers dragging down investor portfolios.The situation seems to have gotten worse following a string of recent earnings reports by tech companies. Shares of several notable names are sliding lower after ...
BlackBerry(BB) - 2025 Q1 - Quarterly Report
2024-06-27 20:18
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 ________________________ FORM 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended May 31, 2024 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission file number 001-38232 ______________________________________________________ BlackBerry Limited (Exact name of registrant as specifi ...
Blackberry's Visibility To Near-term Profitability Is Starting To Improve - Analyst Eyes Value-creation Strategies
Benzinga· 2024-06-27 18:34
Loading...Loading...RBC Capital Markets analyst Paul Treiber reiterated the Sector Perform rating on BlackBerry Limited BB, with a price forecast of $3.BlackBerry’s first-quarter revenues of $144 million exceeded estimates, driven by a robust performance in its cybersecurity segment. BlackBerry’s cybersecurity revenue is expected to range between $82 million and $86 million in the second quarter.Check This Out: Why BlackBerry Shares Are Gaining ThursdayAccording to the analyst, visibility to near-term profi ...
BlackBerry Stock: Strong Earnings, Profitability Challenges Ahead
MarketBeat· 2024-06-27 15:49
BlackBerry NYSE: BB, one of the many companies that was once part of the “meme stocks” craze, is a technology firm that has transitioned its business from its handheld devices of the 2000s. The firm's operations now revolve around cybersecurity and Internet of Things (IoT) solutions. With a market capitalization of $1.5 billion, it's still a somewhat large firm but has experienced dreadful performance recently.BlackBerry TodayBBBlackBerry$2.49 +0.28 (+12.67%) 52-Week Range$2.20▼$5.75Price Target$4.08Add to ...
BlackBerry (BB) Q1 Earnings Beat Estimates, Revenues Down Y/Y
ZACKS· 2024-06-27 14:26
BlackBerry Limited (BB) reported first-quarter fiscal 2025 (ended May 31) adjusted loss per share of 3 cents, narrower than the company’s estimate of a loss per share of 4-6 cents.In the year-ago quarter, it reported non-GAAP earnings of 6 cents per share. The Zacks Consensus Estimate was pegged at a loss of 4 cents per share.Quarterly revenues were $144 million compared with the prior-year quarter's figure of $373 million. However, the top line surpassed the company’s guidance of $130-$138 million. Softwar ...