Autozone Inc
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Consumer Discretionary : Specialty Retail | Mid Cap Blend
Company profile

AutoZone, Inc. is a retailer and distributor of automotive replacement parts and accessories in the United States. The Company operates through the Auto Parts Locations segment. The Auto Parts Locations segment is a retailer and distributor of automotive parts and accessories. As of February 10, 2018, the Company operated through 6,088 locations in the United States, Puerto Rico, Mexico and Brazil. The Company's stores carry product lines for cars, sport utility vehicles, vans and light trucks, including new and remanufactured automotive hard parts, maintenance items, accessories and non-automotive products. The Company's other operating segments include ALLDATA, which produces, sells and maintains diagnostic and repair information software used in the automotive repair industry, and E-commerce, which includes direct sales to customers through www.autozone.com.

Closing Price
$1,248.33
Day's Change
0.31 (0.02%)
Bid
--
Ask
--
B/A Size
--
Day's High
1,249.36
Day's Low
1,238.13
Volume
(Above Average)
Volume:
257,431

10-day average volume:
217,947
257,431

IBM and AMD will work together on security, artificial intelligence

7:30 am ET November 11, 2020 (MarketWatch)
Print

International Business Machines Corp. (IBM) and Advanced Micro Devices Inc. (AMD) announced Wednesday morning that they have entered a multi-year agreement focused on enhancing their security and artificial-intelligence offerings. "The joint development agreement will expand this vision by building upon open-source software, open standards, and open system architectures to drive Confidential Computing in hybrid cloud environments and support a broad range of accelerators across high-performance computing (HPC), and enterprise critical capabilities such as virtualization and encryption," the companies said in a release. Confidential Computing is a technology that allows for the encryption of data used to run virtual machines and it helps protect sensitive information. "Confidential Computing for hybrid cloud unlocks new potential for enterprise adoption of hybrid cloud computing, especially in regulated industries such as finance, healthcare and insurance," the companies said in their release. IBM shares are up 0.3% in premarket trading Wednesday, while AMD shares are up 1.4%. IBM shares have lost 12% so far this year as AMD's have risen 70%. The S&P 500 is up 10% in that span, and the Dow Jones Industrial Average , of which IBM is a component, is up 3%.

-Emily Bary; 415-439-6400; AskNewswires@dowjones.com

(END) Dow Jones Newswires

November 11, 2020 07:30 ET (12:30 GMT)

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