Summary: JPMorgan Chase is prioritizing AI technology by increasing training hours for new hires, adding Python as a core skill, and implementing AI tools like ChatCFO and a large language model.
Full articleSummary: Altus Power (NYSE:AMPS) was downgraded by JPMorgan Chase & Co. from an “overweight” rating to a “neutral” rating. Altus Power stock is down 4.1%. CEO Gregg J. Felton bought 12,500 shares of Altus Power stock. Several large investors have recently added to or reduced their stakes in AMPS.
Full articleSummary: BT is increasingly using artificial intelligence to detect and neutralize threats from hackers targeting business customers, aiming to build up its business protecting customers from online criminals, with 725 AI-related patents and patent applications globally. They are also using AI to help detect faults across their network.
Full articleSummary: Lowe's Companies, Inc. is gearing up for the holiday season by offering a wide range of home-improvement products and services at attractive prices. Consumers are expected to spend significantly on holiday gifts and decorations, with Lowe's well-prepared to meet the demand.
Full articleSummary: Tesla is escalating the scale of layoffs in China, impacting various departments at the Shanghai factory, with more cuts extending from mid-April, affecting approximately 20,000 employees in China.
Full articleSummary: ABC News president Kim Godwin has resigned from her role amid Disney tightening control of the news division, seeing falling ratings for Good Morning America and staff unease. Debra O'Connell has been appointed to supervise the news division.
Full articleSummary: Apple is generating hype for its upcoming Let Loose event on May 7 with enigmatic promotional messages and speculation about the event being 'different'.
Full articleSummary: Nvidia unveiled the Blackwell GPU architecture at its GTC event, aiming to power a new era of computing with transformative AI technology. The company's CFO sees a tipping point in the computing era with strong demand for its products.
Full articleSummary: Tesla stock soars as Elon Musk gets approval for Full Self-Driving technology in China, Apple stock jumps on Bernstein upgrade, Philips stock jumps over 26%
Full articleSummary: McDonald's is offering customers 15% off its whole menu for one day via the McDonald’s App on April 29, covering breakfast and meals throughout the day, including limited edition items like the Chicken Big Mac. Customers can earn points by opting into MyMcDonald’s Rewards, and there is an option to donate points equivalent to cash to charity.
Full articleSummary: Intuit has increased lobbying spending ahead of a Treasury Department report on the feasibility of allowing taxpayers to file their information online directly to the IRS. The report is expected to address the limitations of the current Free File program and the potential for a public filing option. Intuit's lobbying efforts are seen as attempts to maintain market share amidst calls for easier consumer access to filing options.
Full articleSummary: Bank of New Hampshire reduced its stake in RTX Co. by 47.8% during the fourth quarter, while other institutional investors have made various modifications to their holdings. Analysts have issued mixed ratings for RTX, with an average consensus rating of 'Hold' and a consensus price target of $96.27. RTX reported earnings exceeding expectations for the quarter ended April 23rd, with a positive outlook for the fiscal year's EPS. The company also announced a quarterly dividend and insider transactions involving CFO and EVP.
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