Summary: Meta, also known as Facebook, plans to let go of up to 100 Irish employees labeled as 'low performers', facing criticism from the Financial Services Union in Ireland.
Full articleSummary: Laseter Development Group will focus on delivering housing in rapidly growing Sunbelt market, aiming to increase housing supply by building single-family rentals in high-demand areas across the Southeast, with first developments planned in Atlanta, GA, and Nashville, TN.
Full articleSummary: NVIDIA's GeForce RTX 5070 Ti outperforms RTX 4080 SUPER and nearly matches RTX 5080 in Geekbench's OpenCL test, offering 20% uplift in performance over the RTX 4070 Ti, slated release on February 20th.
Full articleSummary: Cisco executives are optimistic about AI orders, with $700 million so far this year and expected to surpass $1 billion in 2025.
Full articleSummary: J.P. Morgan Asset Management launched the JPMorgan Flexible Income ETF on the NYSE, aiming to provide a unique combination of income and capital growth to investors by leveraging diverse asset classes and expertise in global markets.
Full articleSummary: Deere & Co. shares slid as the company anticipates another challenging year due to farmers' cautious spending and tariff threats. Sales in North American market are expected to be down, and tariffs on steel and aluminum may raise production costs.
Full articleSummary: Members of key congressional oversight committees urge the U.S. National Intelligence Director to push the U.K. to retract its order demanding access to Apple users' encrypted data, citing concerns of weakened digital security. The U.K. order directs Apple to create a back door into its Advanced Data Protection offering, under the Investigatory Powers Act.
Full articleSummary: Legato Capital Management LLC reduced its position in Lowe's Companies by 52.9% during the 4th quarter with other institutional investors also making changes. Insider selling occurred with a 30.12% decrease in ownership. Lowe's Companies announced a quarterly dividend and Wall Street analysts have provided various ratings and price targets for the stock.
Full articleSummary: A consortium led by Elon Musk offered $97.4 billion to buy OpenAI, leading to a legal battle between Musk and OpenAI's CEO Sam Altman. Altman rejected the offer, stating that OpenAI is not for sale. Analysts are skeptical of Musk's move.
Full articleSummary: Leavell Investment Management Inc. increased its holdings in ConocoPhillips by 59.8% during the fourth quarter according to Form 13F filing. A number of other large investors also modified their holdings in COP. Wall Street analysts have issued various ratings and price targets for the stock. ConocoPhillips recently reported quarterly earnings and declared a dividend. Insider activity includes significant share purchases by company directors.
Full articleSummary: Leavell Investment Management Inc. increased its stake in Danaher Co. by 14.6% in the 4th quarter, according to the latest 13F filing. Several other hedge funds have also added to or reduced their positions in DHR. The stock has received various price target revisions and ratings from analysts, with an average rating of 'Moderate Buy'. Insider transactions included a sale by SVP Brian W. Ellis. Danaher announced a quarterly dividend.
Full articleSummary: Pfizer has recently undergone a revision in its stock evaluation following a decline of 3.02% on December 31, 2024, suggesting a potential shift in market dynamics. Despite the recent performance dip, the stock continues to trade above certain moving averages.
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