雅虎香港財經 Verizon (VZ), Monarch Tractor Tie-Up Boosts Sustainable Farming
Verizon Communications Inc. VZ recently collaborated with Monarch Tractor to revolutionize agricultural technology. This partnership aims to integrate Verizon's robust wireless network with Monarch Tractor's innovative autonomous electric tractors to set a new standard for efficiency and sustainability in farming practices.
By leveraging Verizon's advanced network technology, Monarch Tractor is set to empower its state-of-the-art autonomous electric tractor MK-V with seamless connectivity, even in remote agricultural landscapes, vineyards and farmlands.
Equipped with electrification, advanced AI and machine learning technologies, MK-V tractors can empower farmers with actionable insights derived from comprehensive data analytics. This can not only enhance the productivity and safety of farmers but also help them make informed decisions to potentially boost crop yields and resource management. The use of advanced technologies is likely to help farmers in minimizing costs.
Moreover, farmers can harness the true power of the MK-V from anywhere in the world at any time with Monarch Tractor’s WingspanAI platform. This platform offers them automated operations planning, remote fleet management, tractor performance reports and maintenance diagnostics and enhances visibility through live video feeds and real-time alerts.
This deal between Verizon and Monarch Tractor underscores the transformative potential of technology in promoting sustainable agriculture. It paves the way for a more resilient and prosperous future for farmers and communities worldwide by driving innovation, connectivity, and efficiency in farming practices.
Additionally, this partnership is likely to enhance Verizon’s reputation as a leader in digital transformation across diverse industries and improve its revenues in the upcoming quarters
Shares of Verizon have gained 13.7% over the past year compared with the industry’s growth of 21.2%
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Zacks Rank and Key Picks
Verizon currently carries a Zacks Rank #3 (Hold).
Some better-ranked stocks in the industry have been discussed below.
Arista Networks, Inc. ANET, sporting a Zacks Rank of 1 (Strong Buy) at present, supplies products to a prestigious set of customers, including Fortune 500 global companies in markets such as cloud titans, enterprises, financials and specialty cloud service providers. You can see the complete list of today’s Zacks #1 Rank stocks here.
Arista delivered a trailing four-quarter average earnings surprise of 15.39%. It has a long-term growth expectation of 16.07%.
Motorola Solutions, Inc. MSI provides services and solutions to government segments and public safety programs, along with large enterprises and wireless infrastructure services. Currently, Motorola holds a Zacks Rank #2 (Buy).
It delivered a trailing four-quarter average earnings surprise of 7.54% and has a long-term growth expectation of 9.47%. In the last reported quarter, Motorola delivered an earnings surprise of 11.51%.
Silicon Motion Technology Corporation SIMO, sporting a Zacks Rank of 1 at present, is a pioneer in developing RF integrated circuits for mobile devices and NAND flash controller integrated circuits for USB flash drives and memory cards.
The company delivered a trailing four-quarter average earnings surprise of 4.72%. SIMO has a long-term growth expectation of 38.16%.
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Verizon Communications Inc. (VZ) : Free Stock Analysis Report
Motorola Solutions, Inc. (MSI) : Free Stock Analysis Report
Silicon Motion Technology Corporation (SIMO) : Free Stock Analysis Report
Arista Networks, Inc. (ANET) : Free Stock Analysis Report
