Summary: Broadcom Inc. borrowed $5 billion to refinance a portion of loans for VMware Inc. acquisition, with plans to prepay term loans and for general corporate purposes. Debt sold in three parts with the longest tranche yielding 0.95 percentage point above Treasuries.
Full articleSummary: Costco is set to open a new location in Omaha at 180th and West Maple on July 12, which will be the third Costco in the metro area.
Full articleSummary: Costco is offering a $40 digital Costco Shop Card for signing up for a one-year Gold Star Membership for $60, providing immediate savings and access to various discounts and benefits at Costco.
Full articleSummary: PayPal and Venmo will be available as payment options to Hy-Vee customers using the Aisles Online platform for grocery pickup and delivery orders, aiming to enhance the shopping experience and streamline payment processes.
Full articleSummary: Intuit, a major player in the industry, is predicted to have a 15% rise in stock prices due to its recent swings at AI and strong performance in tax prep and accounting services.
Full articleSummary: Microsoft has made changes to its webpage on managing Windows accounts, adding back instructions on switching from a Microsoft account to a local account. The company has also included new sections on resetting PINs and changing passwords. Despite the advantages of a Microsoft account, there are privacy and security concerns associated with it, leading to user discontent over limited choices in account setup for Windows 11.
Full articleSummary: Nvidia (NVDA) shares rise as analysts from UBS and Wolfe Research increase price targets to $150 per share, citing strong demand momentum and market outlook. Analysts are optimistic about Nvidia's growth potential and market dominance.
Full articleSummary: Microsoft Flight Simulator has included a significant visual upgrade for Alexandria and other cities along the east coast in a new update.
Full articleSummary: Malcolm Ethridge, CIC Wealth EVP, discussed stock plays for Intel, Corning, and ServiceNow on 'Power Lunch'.
Full articleSummary: Chase warns that its terms, privacy, and security policies do not apply to third-party sites or apps, except for those explicitly branded with the Chase name.
Full articleSummary: Stock market to experience volatility in response to Federal Reserve's stance on interest rates and ongoing inflation concerns.
Full articleSummary: Cisco disclosed that dozens of its products are vulnerable to a recently disclosed SSH vulnerability, with 42 products confirmed to contain the flaw and 51 products still under investigation. Administrators are advised to restrict SSH access to trusted hosts until a software fix is available.
Full articleSummary: Starbucks at South Charleston's Park Place announces opening date, becoming the second official tenant in the development.
Full articleSummary: Pfizer's dividend income remains stable and reliable, but the company has struggled to replace the revenue lost after Lipitor's patent protection expired.
Full articleSummary: Danaher Corp (DHR) stock entered oversold territory with RSI reading of 29.6 on Monday, suggesting recent heavy selling may be exhausting itself.
Full articleSummary: The Federal Circuit declined to intervene in a patent-infringement lawsuit against Charter Communications Inc in East Texas.
Full articleSummary: Notre Dame joins Comcast NBCUniversal SportsTech’s program to enhance collaborations, innovation, and fan experiences, building on their longstanding partnership with NBC Sports. The program provides startups with opportunities, access to decision-makers in the sports industry, and strategic collaborations.
Full articleSummary: Exxon Mobil anticipates an increase in second-quarter earnings due to changes in oil prices, while expecting a decrease in earnings due to changes in gas prices.
Full articleSummary: Alphabet's GOOGL shares have rallied 35.2% in the year-to-date period, outperforming the Zacks Computer & Technology sector's growth of 29.7%. It is benefiting from the robust performance of the Google Services segment.
Full articleSummary: The Phoenix real estate market is experiencing growth, leading to real estate firms investing in Valley real estate and utilizing CRMs like Salesforce to streamline management processes.
Full articleSummary: Eli Lilly and Co. is acquiring Waltham biotech Morphic Holding Inc. for around $3.2 billion, offering $57 per share in cash, a 79% premium to the closing stock price on Friday.
Full articleSummary: The Investment Committee discusses final trades involving Citigroup, Corning, and Elanco Animal Health.
Full articleSummary: A head-to-head study revealed that patients taking Eli Lilly's new drug Mounjaro achieved significantly greater weight loss compared to those on Novo Nordisk's Ozempic. Mounjaro patients had higher percentages of weight loss at 5%, 10%, and 15%, showing stronger efficacy than Ozempic. Both drugs belong to the GLP-1 analogs class.
Full articleSummary: CVS Health will hold a conference call to discuss second quarter 2024 financial results on August 7th, 2024. The audio webcast will be available on the Investor Relations portion of the CVS Health website.
Full articleSummary: IBM is set to launch GenAI Innovation Center in Kochi focusing on harnessing generative AI technology to address societal and business challenges.
Full articleSummary: PepsiCo's short percent of float has increased by 17.21% since its last report, with 19.70 million shares sold short, representing 1.43% of all regular shares available for trading.
Full articleSummary: Exxon Mobil expects an increase in second-quarter upstream earnings of $300 million to $700 million due to changes in oil prices compared to the first quarter.
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