Laser Focus World is an industry bedrock—first published in 1965 and still going strong. We publish original articles about cutting-edge advances in lasers, optics, photonics, sensors, and quantum technologies, as well as test and measurement, and the shift currently underway to usher in the photonic integrated circuits, optical interconnects, and copackaged electronics and photonics to deliver the speed and efficiency essential for data centers of the future.

Our 80,000 qualified print subscribers—and 130,000 12-month engaged online audience—trust us to dive in and provide original journalism you won’t find elsewhere covering key emerging areas such as laser-driven inertial confinement fusion, lasers in space, integrated photonics, chipscale lasers, LiDAR, metasurfaces, high-energy laser weaponry, photonic crystals, and quantum computing/sensors/communications. We cover the innovations driving these markets.

Laser Focus World is part of Endeavor Business Media, a division of EndeavorB2B.

Laser Focus World Membership

Never miss any articles, videos, podcasts, or webinars by signing up for membership access to Laser Focus World online. You can manage your preferences all in one place—and provide our editorial team with your valued feedback.

Magazine Subscription

Can you subscribe to receive our print issue for free? Yes, you sure can!

Newsletter Subscription

Laser Focus World newsletter subscription is free to qualified professionals:

The Daily Beam

Showcases the newest content from Laser Focus World, including photonics- and optics-based applications, components, research, and trends. (Daily)

Product Watch

The latest in products within the photonics industry. (9x per year)

Bio & Life Sciences Product Watch

The latest in products within the biophotonics industry. (4x per year)

Laser Processing Product Watch

The latest in products within the laser processing industry. (3x per year)

Get Published!

If you’d like to write an article for us, reach out with a short pitch to Sally Cole Johnson: [email protected]. We love to hear from you.

Photonics Hot List

Laser Focus World produces a video newscast that gives a peek into what’s happening in the world of photonics.

Following the Photons: A Photonics Podcast

Following the Photons: A Photonics Podcast dives deep into the fascinating world of photonics. Our weekly episodes feature interviews and discussions with industry and research experts, providing valuable perspectives on the issues, technologies, and trends shaping the photonics community.

Editorial Advisory Board

  • Professor Andrea M. Armani, University of Southern California
  • Ruti Ben-Shlomi, Ph.D., LightSolver
  • James Butler, Ph.D., Hamamatsu
  • Natalie Fardian-Melamed, Ph.D., Columbia University
  • Justin Sigley, Ph.D., AmeriCOM
  • Professor Birgit Stiller, Max Planck Institute for the Science of Light, and Leibniz University of Hannover
  • Professor Stephen Sweeney, University of Glasgow
  • Mohan Wang, Ph.D., University of Oxford
  • Professor Xuchen Wang, Harbin Engineering University
  • Professor Stefan Witte, Delft University of Technology

CWEB Publishes Roundup of Business and Trending News Highlights that Matter the Most – October 16, 2023

CWEB Publishes Roundup of Business and Trending News Highlights that Matter the Most - October 16, 2023
CWEB, the American multinational media news company, has published its latest roundup of trending business news for October 16.

CWEB, the American multinational media news company, has published its latest roundup of news for October 16, summarizing the important events and highlights from across industries and around the world.

The following are the main highlights as reported in the review:

Investors feel secure as the US works to limit the war in the Middle East. Investors are watching geopolitical concerns that could increase oil prices as a result of the conflict between Israel and Hamas, and as a result, markets around the world are prepared for an effect.

Next week also marks the beginning of the Q3 earnings season, with Tesla (TSLA) expected to set the pace. Procter & Gamble (PG) (preview), Johnson & Johnson (JNJ) (preview), AT&T (T) (preview), Netflix (NFLX) (preview), Bank of America (BAC) (preview), and Taiwan Semiconductor (TSM) will also be reporting results today.

One of the largest US pharmacy chains, Rite Aid Corp., has filed for bankruptcy in an effort to reorganize its debts, which include liabilities related to the sale of opioids. In a Chapter 11 petition submitted to the New Jersey district court, Rite Aid estimated its assets at $1 billion and its liabilities at $10 billion.

Novavax’s (NVAX.O) variant-tailored COVID-19 vaccine has been delayed in receiving approval from European Union (EU) regulators, the firm announced on Sunday. According to Novavax, the European Medicines Agency (EMA) has requested additional information about the shot, which is designed to prevent infection with the XBB strain.

Next week, Beijing will play host to Baidu (BIDU) for its Baidu World 2023 conference. The company promises to unveil its newest advancements in foundation models and deliver a slew of AI-native applications at the conference.

As OnlyFans’ CEO puts it, they want to “change the internet.” As a means to that end, the company plans to flip conventional business structures on their heads. The U.K.-based site is well-known for its adult content, but it is also experimenting with non-traditional approaches to other types of content, such as offering free streaming while charging for social network posts.

Canadian autoworkers approve a new labor agreement with General Motors. With an end date of September 20, 2026, this contract protects nearly 4,300 autoworkers in Ontario’s Oshawa Assembly Plant, St. Catharines Powertrain Plant, and Woodstock Parts Distribution Centre.

While LVMH as a whole witnessed a sales increase of 20%, its largest division, fashion and leather products, only saw growth of 9%. Its sales of alcoholic beverages like Hennessy and Mot fell by 14%.

The sales of Apple’s iPhone 15 dropped by a “double-digit” percentage in China as Huawei made a remarkable comeback. After Huawei’s overall sales surpassed Apple’s, partly due to the successful debut of the Mate 60 Pro, analysts at Jefferies, led by Edison Lee, predict significantly lower sales estimates for the iPhone 15. According to Jefferies’ analysts, Apple’s sales of the iPhone 15 series have dropped by a “double-digit” percentage compared to those of the iPhone 14 series.

Earnings

Charles Schwab (SCHW) and Equity LifeStyle Properties (ELS) will announce their quarterly results on Monday, October 16.

Johnson & Johnson (JNJ), Bank of America (BAC), Lockheed Martin (LMT), and Goldman Sachs (GS) will all report earnings on Tuesday, October 17.

Tesla (TSLA), Procter & Gamble (PG), Abbott Laboratories (ABT), Netflix (NFL), and Morgan Stanley (MS) will all be in the spotlight on Wednesday, October 18 as they release their quarterly financial results.

Philip Morris International (PM), Union Pacific (UNP), AT&T (T), CSX (CSX), Taiwan Semiconductor Manufacturing (TSM), and American Airlines Group (AAL) will all report earnings on Thursday, October 19.

American Express (AXP) and Schlumberger (SLB) are in the spotlight for their earnings reports on Friday, October 20.

Stocks to watch with positive momentum and Buy Rating:

SNDL Group (SNDL), Tesla (TSLA), Groupon (GRPN), Chase Bank (JPM), Microsoft (MSFT), GOOGL, Apple (AAPL), Pay Pal (PYPL), Walmart (WMT), Amazon (AMZN), Facebook (META), Carnival Corporation (CCL), PepsiCo (PEP), Wells Fargo (WFC)

Read the newsletter online: https://www.cweb.com/cweb-news-summarized-breaking-business-and-stock-newsletter-october-16-2023/

Check out the latest news and announcements at CWEB: https://www.cweb.com

About CWEB.com

CWEB is an American multinational media news company. CWEB is primarily involved in the news, media, blogs and entertainment industries, including free forums, classifieds and job postings. CWEB reports breaking news, celebrity, entertainment, sports, politics, finance, stock market and business news.

Facebook: https://www.facebook.com/cwebmedia

Instagram: https://www.instagram.com/cweb/ 

Twitter: https://twitter.com/cweb 

YouTube: https://www.youtube.com/c/cwebmedia 

TikTok: https://www.tiktok.com/@cwebnews 

Media Contact
Company Name: CWEB
Contact Person: Rachel Cohen
Email: Send Email
Phone: (310) 990-0009
Address:PO BOX # 12404
City: Marina Del Rey
State: California 90295
Country: United States
Website: https://www.cweb.com/


Stock Quote API & Stock News API supplied by www.cloudquote.io
Quotes delayed at least 20 minutes.
By accessing this page, you agree to the following
Privacy Policy and Terms Of Service.