BlackBerry Limited (NYSE:BB) stock saw a sharp surge in its momentum score, jumping from 14.91 to 36.14 on a week-over-week basis.
A momentum score is a measure that shows how strongly a stock is trending based on recent price and trading volume changes, reflecting the current strength of its upward or downward movement.
QNX Revenue Diversification Beyond The Automotive Sector
BlackBerry targeted double-digit revenue growth in fiscal 2027, driven by its QNX real-time operating system, as it expanded the software beyond its automotive roots into AI and robotics markets, reported The Wall Street Journal.
The company had said that about 20% of QNX revenue came from outside the automotive sector.
CEO John Giamatteo expects further growth as robotics and AI-driven machines increasingly require real-time, safety-certified software.
BlackBerry, once known for its smartphones, had shifted into a software and cybersecurity company, with its QNX platform powering critical systems in cars, medical devices and industrial robotics.
Giamatteo said the technology was being integrated into …
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