Opengear Unveils Integrated Support Platform to Empower Always-On Infrastructure
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New integrated support model offers embedded protection, SLA-backed tiers, and simplified ownership — previewing at Cisco Live 2025
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SAN DIEGO — Opengear, a Digi International company (NASDAQ: DGII, www.digi.com) and provider of secure and Smart Out of Band™ management solutions, today announced a major transformation in how organizations buy, deploy, and maintain their network infrastructure.
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We're delivering peace of mind through smarter coverage, flexible service options, and a consistent, long-term ownership experience.
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Beginning this month, every new Opengear appliance will ship with five years of built-in hardware coverage and inclusive SLA-backed support. This shift turns support into a strategic asset, enabling IT leaders to plan more confidently, reduce risk, and simplify the path to network resilience.
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'This marks a meaningful evolution in the way we support our customers,' said Patrick Quirk, President and General Manager, Opengear. 'We're delivering peace of mind through smarter coverage, flexible service options, and a consistent, long-term ownership experience. This is a foundational shift to help our customers scale resiliently and predictably.'
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Built-In Support, Tailored for Modern IT
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With today's infrastructure under constant pressure to deliver uptime, Opengear's support model takes the guesswork out of ownership and scales with operational needs.
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See It First at Cisco Live 2025
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Opengear will showcase its integrated support platform at Cisco Live 2025, June 8-12 in San Diego. Attendees are invited to:
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About Opengear
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Opengear, a Digi International company, delivers secure, resilient access and automation to support critical IT infrastructure on the First Day, Worst Day, and Every Day. Through presence and proximity, Opengear solutions enable provisioning, orchestration, and remote management of network devices through innovative Lighthouse central management software and a wide range of appliances. Opengear solutions are trusted by global organizations across financial, digital communications, retail, and manufacturing sectors. The company is headquartered in Utah, with an R&D center in Brisbane, Australia. For more information, visit www.opengear.com/.
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About Digi International
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Opengear Media Contact
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Globe and Mail
23 minutes ago
- Globe and Mail
Could Bitcoin Replace the Dollar and Become the Global Reserve Currency?
Given the concerns over tariffs and a potential global trade war, a growing number of investors have suggested that Bitcoin (CRYPTO: BTC) might eventually replace the U.S. dollar and become the global reserve currency. Is this likely to happen? The answer, of course, is no. Does Bitcoin meet the criteria of a reserve currency? First of all, it's debatable whether Bitcoin has the right characteristics to be a true reserve currency. According to the Federal Reserve, money must serve three critical functions. It must be a store of value. It must be a medium of exchange. And it must be a unit of account. Bitcoin does not yet meet all three of these essential criteria. While Bitcoin is a store of value, it is not yet a popular medium of exchange for making everyday transactions. When was the last time that you used Bitcoin to pay for anything? Moreover, Bitcoin is not yet used as a unit of account. In other words, companies don't price their goods or services in Bitcoin. When you walk into a supermarket, for example, the goods on the shelves are priced in dollars, not Bitcoin. When you pump gas at the gas station, you see a price displayed in dollars, not Bitcoin. Even though Satoshi Nakamoto created Bitcoin to be a digital currency, it really trades more like a global commodity these days. People buy and hold Bitcoin, they don't spend it. For that reason, it has become fashionable to refer to Bitcoin as digital gold. Gold, too, started off as a currency, with people making gold coins to trade for things of value. Impact of tariffs It is, however, possible to imagine a future scenario in which Bitcoin finally becomes a true medium of exchange or a unit of account. However, it is highly unlikely, to say the least. It would require a tectonic readjustment of the global financial system, such as occurred in the 1920s (when the dollar replaced the pound as the global reserve currency), or in the 1970s, when the U.S. officially moved off the gold standard. In 2025, discussion is building about Bitcoin replacing the dollar. The prospect of a global trade war, combined with an out-of-control U.S. debt load of $37 trillion, has some investors thinking that nations around the world will eventually turn their back on the U.S. dollar. A natural replacement might be Bitcoin, given its global appeal and its non-sovereign status. However, even if foreign investors decide to flee the U.S. dollar and all dollar-denominated assets, it would likely require an epic agreement among all the major trading nations of the world to replace the dollar with Bitcoin. A good example is the Bretton Woods Agreement of 1944. This is when the major trading nations of the world met in the final days of WWII to discuss a reordering of the international financial system led by the U.S. The problems caused by Bitcoin hoarding Let's say, for the sake of argument, that the tariff situation gets out of hand, there is a major trade war, and top trading nations decide to meet in some far-flung foreign capital to discuss moving away from a dollar-based international financial system. Even then, it's unlikely that they would decide on Bitcoin as the new global reserve currency. That's due to one key factor: People, companies, and governments are hoarding their Bitcoin. They are pledging never to sell their Bitcoin, and that is leading to a situation where it is increasingly difficult to find new Bitcoin for sale. Even cryptocurrency exchanges are now complaining that they are running out of Bitcoin. A new report from digital asset bank Sygnum highlights the problems caused by Bitcoin hoarding. The report focuses on Strategy (NASDAQ: MSTR), which has become the largest corporate holder of Bitcoin in the world. It now holds close to 3% of all Bitcoin. The more Bitcoin that Strategy hoards for its corporate treasury, the more unlikely it is that Bitcoin can ever become the global reserve currency. According to Sygnum, once Strategy holds 5% of all Bitcoin worldwide, it will become impossible for Bitcoin to ever become a global reserve currency. Similarly, a new report from Gemini and Glassnode highlights that 30% of all Bitcoin in the world is now held by just 216 centralized entities. These include corporations, cryptocurrency exchanges, Wall Street banks, ETF investment firms, asset management firms, hedge funds, and sovereign wealth funds. So, a digital currency that was originally designed to be as decentralized as possible, embraced by billions of people around the world, is becoming highly centralized at a rapid pace. 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Globe and Mail
38 minutes ago
- Globe and Mail
Zacks Investment Ideas feature highlights: Jabil, Apple, Amazon, Johnson & Johnson and Ericsson
For Immediate Release Chicago, IL – June 23, 2025 – Today, Zacks Investment Ideas feature highlights Jabil Inc. JBL, Apple AAPL, Amazon AMZN, Johnson & Johnson JNJ and Ericsson ERIC. Don't Overlook Jabil (JBL) Stock After Topping Its Q3 Expectations Jabil Inc. was a notable standout in a relatively quiet earnings lineup this week, as investors eyed ongoing conflicts in the Middle East that could potentially impact markets. That said, Jabil is one of the largest global suppliers of electronics manufacturing services and is worthy of investors' attention after posting strong results for its fiscal third quarter on Tuesday. Trading near 52-week highs of over $200 a share, here's a look at why Jabil stock may be poised for more upside. Jabil Customer Base Overview Serving a wide range of major global companies across various industries, two of Jabil's most prominent customers include Apple and Amazon. As two of its largest clients, Apple relies on Jabil's manufacturing components for iPhones, among other devices, with Amazon relying on Jabil's computing and hardware services for AWS. While Apple and Amazon have accounted for significant portions of Jabil's revenue, the company has made significant efforts to diversify its customer base, with other noteworthy and diverse clients being healthcare giant Johnson & Johnson and communication networks leader Ericsson. Jabil's Strong Q3 Results Briefly reviewing Jabil's strong quarterly results, Q3 sales spiked 15% year over year to $7.82 billion and topped estimates of $7.08 billion by 10%. More impressively, Q3 EPS of $2.55 soared 35% from $1.89 in the comparative quarter and beat earnings expectations of $2.33 per share by 9%. Continuing its compelling and consistent operational performance, Jabil has now surpassed the Zacks EPS Consensus for 21 consecutive quarters with an average earnings surprise of 6.68% over the last four quarters. 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Globe and Mail
38 minutes ago
- Globe and Mail
10 Reasons Every American Adult Should Invest in the Stock Market
Investing can be daunting for many reasons. Stocks, index funds, and exchange-traded funds (ETFs) go down all the time, and the market has been extremely volatile, especially since the beginning of the pandemic in 2020. Furthermore, most people are investing money they will need in the future, and nobody can predict the future. That said, 62% of Americans reported owning a stock in 2025, according to a Gallup poll. Here are 10 reasons every American adult should invest in the stock market. 1. You can save for retirement The main reason most retail investors buy stocks, index funds, or ETFs is because they want to start saving for retirement. I don't need to tell anyone that life is expensive when you consider the cost of paying a mortgage or rent, food, transportation, and clothing, among many other expenses. These expenses can eat up a large portion of your paycheck, which is why people need to think about ways to grow their wealth over time. Investing allows people to do this while they work and sleep. 2. It doesn't have to be overly risky Most investors have likely read stories about people investing in meme stocks like GameStop back in 2020 or some small cryptocurrency that no one has ever heard of. Rarely, someone does strike it big, but often, people end up losing their money on these high-risk trades. That roller coaster ride certainly isn't for everyone, and rightfully so, because many people need every last dollar they can save and can't afford to make overly risky bets. Luckily, investing can be quite boring if you invest in an index fund or ETF that buys a basket of diverse stocks set up to generate steady returns for patient investors that stay invested for years if not decades. 3. The S&P 500 has a good track record Many investors with a long-term horizon invest in the broader benchmark S&P 500 index. According to data from Berkshire Hathaway, the S&P 500 has generated compound annual gains of 10.4%, including dividends, between 1965 and 2024, for an overall gain of 39,054%. That means $1 invested in 1965 would be worth $390.54 now. While the S&P 500 can be volatile on a short-term basis, the longer one stays invested, the more likely they are to make money. This is generally because long-term investors aren't trying to time the market, so they ride out generally short-term downturns and profit from recoveries. ^SPX data by YCharts 4. You can remove the concentration from the S&P 500 Now, investors may be concerned that the S&P 500 is too heavily concentrated by a group of stocks called the " Magnificent Seven,"+ meaning diversification in the broader benchmark index is less than it used to be. This is true. A group of large companies specializing in tech and artificial intelligence have taken the market by storm. Stocks like Nvidia and Apple now have market caps well over $1 trillion, a feat that used to be unthinkable. For investors who want to avoid this concentration, there are ways to buy an equal-weighted S&P 500 fund that removes the weighting of each stock. 5. The power of compounding is real Investing requires patience, but if you trust the process, you'll realize that you can accumulate more wealth than you may have ever thought possible. This is due to the power of compounding. For instance, let's say you're just starting your career and don't have a lot of spare cash to invest but manage to scrape together $500. If you invested that money in the S&P 500, assume long-term historical returns of 10.4%, and add just $100 to your portfolio a year for 30 years, that initial $500 will grow into over $27,000. All you have to do is wait patiently. Also, as your career advances, you will likely have more disposable cash to invest, which will significantly enhance your returns. 6. You lose purchasing power by letting money sit idle Now, a lot of risk-averse people may simply care too much about their money to trust the market, and I can certainly understand this sentiment. Unfortunately, keeping money in a checking account that doesn't earn anything will actually lose you money. This is because of inflation, in which consumer prices generally rise over time. Just think about how much prices have risen from before the pandemic in 2020 to now. If you kept your money in a checking account, its value stayed the same, but the price of pretty much everything else rose, leading to a loss of purchasing power. 7. There are often tax advantages Many people are investing through an individual retirement account (IRA) or a 401(k) through an employer. In these cases, the U.S. tax code actually allows people to deduct a certain amount of contributions from the income they earn that will be taxed, leading to a lower tax bill. The limits in 2025 for an IRA are $7,000 per year for those under 50 and up to $23,500 for a 401(k). It can definitely make a difference. 8. You can find the strategy that's right for you There's more than one way to invest. Some people buy large, very safe blue chip stocks; some buy stocks for their dividends; and some are more aggressive and make risky bets, hoping that one big win will make up for all the other losses, similar to a venture capitalist. The point is that you can invest in different strategies, sectors, regions, etc. Speaking to a financial advisor can be helpful because they can assess your current financial situation and your risk tolerance to develop a good investment strategy for you. 9. Investing reinforces smart spending habits When most people have money, they want to spend it. This tempts all of us to make purchases that we may want but don't necessarily need. By putting a certain amount of money each year into a retirement account or portfolio, people are removing some of these temptations and reinforcing smart spending habits. As I mentioned earlier, each dollar invested can go a long way due to the power of compounding, so each dollar we don't invest subtracts from your future wealth. 10. You're going to need more money as you get older It would be wonderful if everyone had financial freedom all the time, but that just isn't realistic. However, most people need more money as they get older because they have more responsibilities, whether it's starting a family, buying a house, or dealing with higher medical bills. If you invest younger when you typically have less responsibility, you'll be happy you have an investment portfolio that you can use later on if needed or that you aren't stressing about retirement. More than a few disciplined and patient investors have achieved financial freedom much earlier than they likely ever thought possible by starting early. Where to invest $1,000 right now When our analyst team has a stock tip, it can pay to listen. After all, Stock Advisor's total average return is 994%* — a market-crushing outperformance compared to 172% for the S&P 500. They just revealed what they believe are the 10 best stocks for investors to buy right now, available when you join Stock Advisor. See the stocks » *Stock Advisor returns as of June 9, 2025