Blackberry (formerly "Research In Motion")

[detail]

BB has recorded positive cashflow for the year end report on 28th Feb, with software accounting for 81% of revenue. (https://www.fool.ca/2018/04/28/blackberr...-lift-off/)

It does seem that the turning point has come. With recent confirmation that Apple Carplay is also using the QNX platform (http://www.qnx.com/partners/partner.html...rid=161700) owned by BB, this might be a good mid-term play.


DYDD

[cyclone]

BlackBerry spikes record 65% after finalizing deal with Amazon for automotive data software
* BlackBerry surged as much as 65% on Tuesday after the company inked a multi-year deal with Amazon to develop and market its "Intelligent Vehicle Data Platform."
* The cloud software, called IVY, allows automakers to read vehicle sensor data and improve systems and performance, according to a press release.
* The stock's leap is its biggest one-day gain on record and placed shares at their highest level since April 2019.
* Watch BlackBerry trade live here.

Ben Winck
Dec. 1, 2020, 06:54 PM

BlackBerry rocketed as much as 61% higher on Tuesday after inking a multi-year deal with Amazon to develop and market BlackBerry's "Intelligent Vehicle Data Platform".

The platform, named IVY, includes cloud-connected software that allows automakers to read vehicle sensor data and "create actionable insights from that data" to improve vehicle performance, according to a press release. Improvements can include services that enhance driver and passenger experiences, the companies added.

The stock's rally is the largest single-day gain for BlackBerry shares on record and brings prices to their highest level since April 2019.

More details in https://markets.businessinsider.com/news...1029854658

[Behappyalways]

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