Summary: Intel stock surged more than 8% to trade above $24 per share on Thursday amid speculation about increased U.S. government support and a possible collaboration with TSMC. Investors expect Intel to benefit from the Trump administration's efforts to boost U.S. chipmaking capacity.
Full articleSummary: Analysts are bullish on Adverum Biotechnologies (ADVM), Gilead Sciences (GILD), and CVRx (CVRX) in the Healthcare sector.
Full articleSummary: US stocks rose after President Trump announced plans for reciprocal tariffs and as investors processed reports of increasing inflation. Earnings season is looking solid with many companies beating expectations, but Reddit's stock fell due to a miss in user growth.
Full articleSummary: Apple is rumored to be preparing for new product launches in early 2025, such as the iPhone SE 4, M4 MacBook Air, new iPad Air, and 10.9-inch iPad, with speculations of separate announcements rather than a single event.
Full articleSummary: FCC's Brendan Carr is investigating Comcast's civil rights initiatives, potentially due to political lobbying leverage and Trump's influence.
Full articleSummary: Coca-Cola may shift towards using more plastic bottles instead of aluminum cans due to President Trump's 25% tariff on aluminum imports, CEO James Quincey mentioned during an earnings call.
Full articleSummary: Coca-Cola may need to increase its use of PET packaging in the US due to tariffs on foreign steel and aluminium, which could raise costs of aluminium cans. Coca-Cola is considering transitioning to plastic bottles to mitigate potential price increases. Despite concerns, CEO Quincey downplays the impact, stating packaging represents a minor fraction of total expenses. Coca-Cola has been identified as one of the world's leading polluters in terms of plastic waste.
Full articleSummary: President Trump nominates Jonathan Morrison, an Apple executive, to head the National Highway Traffic Safety Administration. Morrison's automotive background aligns with Trump's goals for the transportation sector.
Full articleSummary: Ford Motor Company's CEO expresses concern over President Donald Trump's proposed tariffs and rollbacks of EV tax benefits, causing worry among Louisville Ford employees about potential impacts on jobs and production. There are fears of higher prices, production cutbacks, and layoffs in the auto industry.
Full articleSummary: Details about the upcoming Google Pixel 9a have been leaked, including specifications such as processor, RAM, storage, dimensions, weight, battery capacity, and camera features.
Full articleSummary: Disney is scrapping the content warnings for its animated classics with racially charged storylines, moving them to the 'details' section with shortened language.
Full articleSummary: President Trump suspends enforcement of anti-bribery law, potentially impacting Tesla and its major suppliers. Trump's policies and orders could negatively affect Tesla's profitability. Several Tesla suppliers, like Glencore and Rio Tinto, have been involved in FCPA investigations.
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