Month: July 2020

“There’s a complete disconnect”: Florida’s school digital divide

CBS News is chronicling what has changed in the lives of residents of some of the biggest battleground states in 2020 amid the coronavirus pandemic.

Whitney Johnson, 31, was rounding out her seventh year as a teacher at a middle school in Coral Springs, Florida, when the coronavirus pandemic hit. Johnson said the quick transition to digital learning posed challenges for families who didn’t own personal computers, didn’t own enough devices, or had devices that weren’t equipped with the software needed to tune in to classes online.

“When they can’t connect because they lack the technology, it instantly means they’re

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Earnings Estimates Moving Higher for Amkor Technology (AMKR): Time to Buy?

Investors might want to bet on Amkor Technology (AMKR), as earnings estimates for this company have been showing solid improvement lately. The stock has already gained solid short-term price momentum, and this trend might continue with its still improving earnings outlook.

The upward trend in estimate revisions for this chip packaging and test services provider reflects growing optimism of analysts on its earnings prospects, which should get reflected in its stock price. After all, empirical research shows a strong correlation between trends in earnings estimate revisions and near-term stock price movements. Our stock rating tool — the Zacks Rank —

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What to Know Ahead of Q2 Release

Wall Street expects a year-over-year decline in earnings on lower revenues when International Game Technology (IGT) reports results for the quarter ended June 2020. While this widely-known consensus outlook is important in gauging the company’s earnings picture, a powerful factor that could impact its near-term stock price is how the actual results compare to these estimates.

The earnings report might help the stock move higher if these key numbers are better than expectations. On the other hand, if they miss, the stock may move lower.

While management’s discussion of business conditions on the earnings call will mostly determine the sustainability

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Here’s What Analysts Think Will Happen Next

It’s been a mediocre week for Seagate Technology plc (NASDAQ:STX) shareholders, with the stock dropping 10% to US$44.31 in the week since its latest full-year results. It was not a great result overall. While revenues of US$11b were in line with analyst predictions, earnings were less than expected, missing statutory estimates by 12% to hit US$3.79 per share. Following the result, the analysts have updated their earnings model, and it would be good to know whether they think there’s been a strong change in the company’s prospects, or if it’s business as usual. So we gathered the latest post-earnings forecasts

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Musk says Tesla is open to supplying batteries and technology to competitors

In response to reports that German automakers are working feverishly to catch up to Tesla in the electric vehicle segment, Elon Musk tweeted that the U.S.-based EV maker that he helms is willing to help them close the gap. The Tesla CEO tweeted that the company is open to licensing software, supplying powertrains and batteries, and even sharing access to closely-held technologies like Autopilot.

This wouldn’t be the first time that Tesla

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