Summary: Philip Morris International reports strong duty-free revenue growth in 2024 financial results, fueled by surge in demand for smoke-free products like IQOS and ZYN. Smoke-free business accounts for 40% of total net PMI revenues.
Full articleSummary: Wall Street analysts are optimistic about Texas Instruments following a positive capital management call, with UBS, Evercore ISI, and Citi highlighting different aspects of TXN's growth potential and financial health.
Full articleSummary: The article discusses the massive IT outage caused by CrowdStrike due to a poorly configured update to its endpoint security software, leading to billions of dollars in damage and questions regarding the susceptibility of IBM i to similar incidents.
Full articleSummary: Microsoft has unified its Teams app for work, school, and personal use, allowing users to switch between different accounts seamlessly.
Full articleSummary: Microsoft is launching a unified Microsoft Teams app that allows switching between personal and work accounts. The app update supports work, personal, and education accounts in a single app, improving the experience of switching between different Teams tenants.
Full articleSummary: Apple's SuperDrive, an external DVD burner that connected via USB, has been marked as 'sold out' on Apple's online store after 16 years of availability, indicating a possible end to its production.
Full articleSummary: The Jungle Cruise at Magic Kingdom in Walt Disney World will close for refurbishment from August 26 to at least September 17, 2024, with permits filed for the work.
Full articleSummary: Nvidia Corp. (NVDA) has gained significant popularity in single-stock ETFs due to the AI boom, surpassing Tesla Inc. (TSLA) in asset allocation and investor interest. This shift is reflected in the substantial increase in assets flowing into Nvidia-focused ETFs compared to Tesla-centric funds.
Full articleSummary: Nvidia Corp. now holds a commanding position in single-stock ETFs with over $6 billion in assets, outpacing Tesla Inc. Funds focused on Nvidia have seen significant inflows this year, driven by investor interest in the AI theme and its strong stock performance.
Full articleSummary: The press release from Orbis Research delves into the comprehensive scope of the Single Tine Ripper market, analyzing its performance metrics across various regions and conducting a SWOT analysis to forecast market trends and threats. The research study also emphasizes market segmentation by type and application, along with key players in the industry.
Full articleSummary: France recalls Coca-Cola Cherry bottles due to health risks associated with bisphenol A, causing disruptions and diseases like breast cancer and infertility.
Full articleSummary: Apple has reportedly paused plans for its East Coast hub at Research Triangle Park despite being deeply committed to the area. The project may be in a holding pattern while seeking to push back the construction timeline and incentive deal by four years.
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