After the unprecedented collab was announced between AI super-power–OpenAI– and Apple, the hype is building for Apple’s smarter Siri — Apple Intelligence — release in the Q1 2025. Apple Intelligence offers a wide array of AI and ML technologies that can significantly enhance business operations across various industries. By leveraging these technologies, businesses can improve…
Delta Air Lines started the latest airline earnings season with disappointing news, revealing that it expects to miss Wall Street estimates for profit and revenue in the third quarter. The company’s second-quarter profit dropped by 29% compared to the previous year. The primary reasons for this decline include heightened competition during the busy summer travel…
From superalloys to sheet metal, raw material has slowed the post-pandemic ramps of many industries. The Allegheny strike in 2021 and sub-sequent consolidation of flat materials, coupled with the subsequent strike at Specialty Metals for superalloys in 2022, have raged havoc on the supply chain. Raw material lead times have been increasing for a number…
Honeywell recently completed the acquisition of Air Products’ natural gas technologies business, integrating it into Honeywell UOP, its Gas Processing and Hydrogen business unit. This acquisition includes advanced technologies for the recovery of natural gas liquids (NGLs) and sulfur from natural gas streams and refinery feedstocks, respectively. The specific terms of the deal were not…
Acerinox’s wholly owned U.S. subsidiary, North American Stainless (NAS), has entered into a definitive agreement to acquire Haynes International. The acquisition, valued at approximately $970 million, includes an all-cash transaction where Acerinox will acquire all outstanding shares of Haynes for $61.00 per share, representing a premium of approximately 22% to Haynes’s six-month volume-weighted average share…
The latest military developments underscore the need for a resilient, secure, and efficient supply chain to support modern military operations and strategic objectives. Suppliers and logistics providers must prioritize adaptability, technological integration, and security to effectively support the evolving needs of the military. If you want to learn more, book your consultation today at Book…
Price Trends and Projections Copper prices have been experiencing significant upward momentum, driven by increasing demand and supply constraints. As of mid-2024, copper futures on COMEX have traded at around $5 per pound, marking a substantial rise from earlier levels. Analysts from Citi project that copper prices could average around $10,000 per metric ton by…
Tesla stock had been surging over the last week with several key developments and announcements, but dipped Thursday with the unveiling of its Robotaxi pushed back from August to November. The company held its 2024 shareholder meeting, where significant updates were shared. Notably, Tesla shareholders approved CEO Elon Musk’s $56 billion pay package and the…
Indonesia’s nickel export ban reflects its broader economic strategy to add value to its natural resources and drive industrialization. Despite the challenges and legal disputes with the EU, the policy has significantly boosted the country’s export value and economic stability. The ongoing negotiations and appeal at the WTO will be crucial in determining the future…
The robotics industry continues to evolve rapidly with significant investments and technological advancements. From brain-controlled prosthetics to the integration of generative AI, the focus is on enhancing efficiency, safety, and functionality. Events like Robotics Invest 2024 and new guidelines for humanoid robots demonstrate the global effort to advance robotic technologies and their applications across various…
