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Latest News:
S4x25: NVIDIA debuts AI platform for critical infrastructure security, partners with industry leaders somewhat bullish
NVDA CRWD
Summary: NVIDIA announced the adoption of its cybersecurity AI platform to enhance real-time threat detection and safeguard critical infrastructure protection, with industry partners integrating the platform to protect against cyber threats.
Full articleUSFDA approves Pfizer Adcetris combination regimen for Relapsed/Refractory Diffuse ... very bullish
PFE
Summary: Pfizer Inc. receives FDA approval for the supplemental BLA for ADCETRIS in combination therapy for the treatment of relapsed or refractory large B-cell lymphoma, showing significant improvement in overall survival based on Phase 3 study. The therapy provides a new option for patients who have failed two prior lines of therapy.
Full articleFranklin Templeton Expands Money Market Fund to Solana Ahead of Rival BlackRock - Decrypt somewhat bullish
FOBXX BUIDL
Summary: Franklin Templeton's OnChain U.S. Government Money Fund FOBXX is now available on Solana as tokenized digital assets, competing with BlackRock's BUIDL on Ethereum. Solana's total value locked has reached $9 billion, positioning it as the second most valuable DeFi ecosystem after Ethereum. Tokenization market projects growth to $30 trillion by 2034.
Full articleCertain BlackRock Closed-End Funds Announce Estimated Sources of Distributions neutral
BCX BDJ BGR BGY BME BMEZ BOE BUI CII BST BSTZ BIGZ BCAT ECAT EGF DSU FRA BGT HYT BTZ BLW BHK BIT BKT BBN
Summary: BlackRock listed distributions per share for multiple funds with estimated sources of the distributions, including net income, net realized short-term gains, net realized long-term gains, and return of capital. The distributions are subject to change based on the discretion of each fund's Board of Directors/Trustees.
Full articleChase check fraud, Truist woes: Top banking news September 2024 - American Banker somewhat bullish
JPM WFC C HSBC
Summary: Banks like JPMorgan Chase, Wells Fargo, Citigroup, and HSBC are testing quantum computing's abilities to gain a competitive advantage in the future.
Full articleAMD enables AI on Oracle Cloud Infrastructure - IT-Online somewhat bullish
AMD ORCL
Summary: AMD Instinct MI300X accelerators with ROCm open software have been chosen by Oracle Cloud Infrastructure to power its newest OCI Compute Supercluster instance, named BM.GPU.MI300X.8, enabling AI models with hundreds of billions of parameters.
Full articleSurvey: McDonald's Leads with Household Penetration - Franchising.com neutral
MCD SBUX CMG DNKN SUB
Summary: Numerator's Retailer, Restaurant & Brand Snapshots provide updated insights for various U.S. retailers and restaurants including McDonald's, Starbucks, Chipotle, Dunkin', and Subway.
Full articleGoogle to invest $1 billion in Thai data centre, cloud infrastructure - CNA somewhat bullish
GOOGL
Summary: Alphabet's Google to invest US$1 billion in Thailand to build a data centre and cloud region, creating 14,000 jobs annually until 2029.
Full articleGoogle to invest $1bn in Thai data centre, cloud infrastructure - Bangkok Post somewhat bullish
GOOGL
Summary: Google announces $1 billion investment in building a data centre and cloud region in Thailand, creating thousands of jobs annually until 2029.
Full articleGoogle to invest $1bn in Thai data center, cloud infrastructure - Nikkei Asia somewhat bullish
GOOGL
Summary: Google announces $1 billion investment in Thailand for building a data center and cloud region to meet the growing cloud demand and support AI adoption in Southeast Asia, creating 14,000 jobs annually until 2029.
Full articleAlShaya Starbucks Franchise Stake Sale Talks on Hold, Sources Say - US News Money somewhat bearish
SBUX
Summary: The sale of a stake in the Starbucks franchise operated by Kuwait's AlShaya Group in the Middle East, North Africa, and central Asia is on hold due to ongoing boycotts and geopolitical unrest in the region, hindering bidder valuations. AlShaya is not in a rush to sell and talks could potentially restart next year if conditions improve.
Full articleAlShaya Starbucks franchise stake sale talks on hold, sources say somewhat bearish
SBUX
Summary: Sale of a stake in the Starbucks franchise in the Middle East, North Africa, and central Asia operated by AlShaya Group is on hold due to ongoing boycotts and geopolitical unrest in the region, hindering bidders' ability to value the business.
Full article