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Home / Business / Apple and Intel are reportedly close to trading for the 5G Modem Unit, Starbucks Gains Stake in Restaurant Tech Company

Apple and Intel are reportedly close to trading for the 5G Modem Unit, Starbucks Gains Stake in Restaurant Tech Company



It has been quite a lively Monday on the aftermarket's trading scene. It is largely because there is a healthy amount of headlines that make news.

<p class = "canvas-atom canvas-text Mb (1.0em) Mb (0) – sm Mt (0.8em) – sm" type = "text" content = "Among the developments it works Apple [1

9659002] (NASDAQ: AAPL) is about to buy one of Intel s (NASDAQ: INTC) business units while Starbucks [19659002] (NASDAQ: SBUX) has brewed a separate deal. And TD Ameritrade (NASDAQ: AMTD) notches convincingly in their latest revenue report, but … "data-response time = "12"> Among the developments it seems that Apple (NASDAQ: AAPL) is about to buy one of Intel s ( NASDAQ: INTC) Business Units, while Starbucks (NASDAQ: SBUX) has brewed a separate deal. And TD Ameritrade (NASDAQ: AMTD) hack convincingly in their latest earnings report, but …

Two rose gold Apple iPhone XS.

Image Source: Apple.

Apple is buying Intel modem device?

<p class = "canvas-atom canvas text Mb (1.0em) Mb (0) – sm Mt (0.8em) – sm" type = "text" content = "According to an article published in The Wall Street Journal after the end of the market, Apple is far from discussing Intel's 5G smartphone modem gadget device, the report comes to speculation that Apple was the named party engaged in exclusive calls to Intel buy the business . & nbsp; "data-reactid =" 26 "> According to an article published in The Wall Street Journal after the end of the market, Apple is far from discussing buying 5G smartphone modem chip unit to Intel. The report comes at the height of speculation that Apple was the named party that engaged in exclusive conversations with Intel to purchase the business.

The article, citing "people who are familiar with the case", said that the deal could be terminated in the next week. It will include assets such as patents and personnel worth $ 1 billion or more. The article's sources were no more specific about a potential final price.

Apple wanted to benefit from developing 5G modem technology instead of relying on vendors outside. Like any technical manufacturer, it is ready for the future distribution of 5G; Owning Intel's modem device will help very much with that effort.

Neither Apple nor Intel have so far commented on the article.

The shares of both companies are trading marginally this evening.

Starbucks grabs a piece of Brightloom [19659019] Starbucks never pushes deeper into the restaurant's technological space, never one to shoot away technology. The coffee giant has licensed aspects of its "flywheel" software – the digital assets that operate the mobile ordering system and the loyalty program – to the restaurant technology company Brightloom, formerly known as eatsa. Both companies announced the transition in separate press releases after opening hours.

In return for the license, Starbucks will receive a stake in the privately owned Brightloom and take a seat on the board. It was not revealed how much Starbucks should have.

The Starbucks technology will be integrated into Brightloom's cloud-based software offering for restaurants. According to Starbucks, "The combination will lead to the development of a cloud-based software solution for the restaurant industry that will connect customers to their favorite restaurant brands."

Brightloom added in the release that it "will work with global Starbucks license partners to deploy the platform worldwide." Brightloom also announced that they have raised $ 30 million in a round of new funding; The money will be spent on the global roll-out and integration of these Starbucks assets.

<p class = "canvas-atom canvas-text Mb (1.0em) Mb (0) – sm Mt (0.8em) – sm" type = "text" content = "Over the years, Starbucks has proven himself skilled To both exploit technology to build their business and expand into promising new markets abroad. Although we do not have all the details of this agreement, it indicates that the company remains opportunistic and smart in both circumstances. " data-response time = "36"> Over the years, Starbucks has proven itself capable of both exploiting technology to build its business and expand into promising new markets abroad. Although we do not have full details of this agreement, it indicates that the company remains opportunistic and clever in both matters.

Starbucks act flat tonight.

TD Ameritrade Q3 earnings hit estimates; CEO goes off

It has been a particularly memorable Monday for TD Ameritrade. The webcast gave its last set of quarterly estimates after the closing time, while announcing that the CEO is pulling off the stack.

<p class = "canvas-atom canvas-text Mb (1.0em) Mb (0) – sm Mt (0.8 em) – sm" type = "text" content = "For the company's 3rd quarter of tax In 2019, it generated net revenues of $ 1.49 billion, which was 8% higher than in the same financial period 2018. Non- GAAP (adjusted) net profit was $ 578 million, or $ 1.04 per share. This improved the year before by $ 508 million ($ 0.89). "Data-response time =" 40 "> For the company's third quarter of fiscal 2019, it raised net revenues of $ 1.49 billion. This was 8% higher than in the same accounting period in 2018. Net profit (non-GAAP) (adjusted) was $ 578 million, or $ 1.04 per share. This improved the year-ago figure of $ 508 million ($ 0.89).

Both line items topped analysts' estimates. On average, the forecasters who track the stock expected revenues of $ 1.47 billion and adjusted net earnings per share of $ 0.97.

TD Ameritrade also announced that current CEO Tim Hockey is leaving the company. Hockey goes off when his successor is appointed; The company said it has engaged an executive search company to help it in the search for one. Hockey's departure will take place no later than the end of February 2020, even if a successor is not found.

Though the managing director's turnaround was unexpected and therefore somewhat worrying, the quarter's basic was encouraging. They show that TD Ameritrade still manages to ride the tail of the long beef market, a market that has recently been harvested by a series of very good stock exchange listings.

Currently, shares in TD Ameritrade are trading slightly from Monday's closing price.

<p class = "canvas-atom canvas text Mb (1.0em) Mb (0) – sm Mt (0.8em) – sm" type = "text" content = " More from The Motley Fool "data-response time =" 49 "> More from The Motley Fool

<p class =" canvas-atom canvas-text Mb (1.0em) Mb (0) – sm Mt (0.8em) – sm "type =" text "content =" Eric Volkman owns shares in TD Ameritrade Motley Fool owns shares of and recommends Apple and Starbucks Motley Fool owns shares in Intel and has the following options: short September 2019 $ 50 calls on Intel, short January 2020 $ 155 calls on Apple, long January 2020 $ 150 calls on Apple, short January 2020 $ 155 calls on Apple, and long January 2020 $ 150 calls on Apple. The Motley Fool haren disclosure policy . "data-response time =" 57 "> Eric Volkman owns shares in TD Ameritrade. The Motley Fool owns shares of and recommends Apple and Starbucks. Motley Fool owns shares in Intel and has the following options: short September 2019 $ 50 calls on Intel, short January 2020 $ 155 calls on Apple, long January 2020 $ 150 calls on Apple, short January 2020 $ 155 calls on Apple, and long January 2020 $ 150 calls on Apple, Apple shouts. The Motley Fool has a disclosure policy.


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