Summary: Shares of Gilead Sciences, Inc. (NASDAQ:GILD) fell 0.5% on Friday. Several research firms recently weighed in on GILD. The company also recently disclosed a quarterly dividend.
Full articleSummary: Bristol-Myers Squibb's stock price fell 1.5% during trading on Friday, with several brokerages issuing 'market perform' and 'hold' ratings on the stock. The company recently reported earnings beating analysts' estimates, but announced a quarterly dividend, leading to a yield of 6.05%. Institutional investors have been modifying their holdings of the company.
Full articleSummary: Apple removed 25 VPN apps from its App Store in Russia following a formal request from Roskomnadzor. Demand for VPN services surged after Russia's invasion of Ukraine.
Full articleSummary: The Supreme Court discarded the Chevron deference doctrine, giving judges more power over agency interpretations, impacting regulations on clean air, water, and healthcare. The conservative majority of the court led the decision, with implications for progressive regulatory policies.
Full articleSummary: Tesla has entered China's government procurement arena and has been included in multiple government procurement catalogs, showcasing the country's equal treatment of domestic and foreign enterprises.
Full articleSummary: The Supreme Court overturned the Chevron deference doctrine, a 40-year-old legal precedent that provided power to administrative bodies in the federal government. The decision stemmed from a case involving fishermen from New England.
Full articleSummary: Oracle shares rose 20.5% in June 2024 following mixed fourth-quarter results and other market-moving news.
Full articleSummary: The article discusses the profitability differences among Wells Fargo, Citigroup, and Bank of America, providing insights for investors on finding value and opportunity in the banking sector.
Full articleSummary: Nike's stock plunged 20.7% in June 2024 after a disappointing earnings report and weak first-quarter guidance, mainly due to revenue drops in Converse brand and Nike Direct. Despite upcoming events like the Paris Olympics, concerns remain about the company's strategic decisions and management, making it a risky investment.
Full articleSummary: Tesla's Model Y became the third-largest foreign carmaker in Korea in the first half of the year, with 10,041 units sold, largely due to price cuts made in February and April.
Full articleSummary: Nvidia CEO Jensen Huang, the 13th richest person in the world, reflects on his humble beginnings and his hands-on approach to leadership.
Full articleSummary: The River Tas crossing at Mill Lane remains closed following a fatal accident. Concrete blocks and signage are being installed to reinforce the closure while Norfolk County Council conducts a feasibility study and awaits the outcome of an inquest into the incident.
Full articleSummary: Nike is discontinuing its self-lacing Adapt BB sneakers and the companion Adapt app, marking the end of its experiment with 'smart' footwear.
Full articleSummary: SenseTime and Alibaba Group Holding showcased advancements in developing large language models (LLMs) at the World Artificial Intelligence Conference in Shanghai. SenseTime unveiled SenseNova 5.5 with 30% improved performance, surpassing GPT-4o in key metrics. Meanwhile, Alibaba's cloud computing unit highlighted growth in downloads and users of its Tongyi Qianwen LLMs.
Full articleSummary: Microsoft for Startups in the Middle East launches the GrowthX Accelerator Program designed for AI startups in partnership with the Abu Dhabi Investment Office.
Full articleSummary: Citigroup Inc. predicts that India will struggle to create enough jobs for its growing workforce over the next decade even if the economy grows at 7%, citing the need to create 12 million jobs a year compared to the expected 8-9 million jobs with 7% growth rate. Quality of jobs created is also a concern with a significant portion of the workforce employed in agriculture and a decline in formal sector employment.
Full articleSummary: Nike has been continuously refining and updating their existing technology for both lifestyle and performance footwear, despite criticism of not introducing new technology.
Full articleSummary: Boeing is set to acquire Spirit AeroSystems for $4.7 billion, aiming to improve plane quality and safety amidst increasing scrutiny by airlines and regulatory authorities. This move will reverse Boeing's strategy of outsourcing key work and will enhance integration between the two companies' manufacturing and engineering capabilities.
Full articleSummary: Schwab Intelligent Technologies launched Schwab OpenView MarketSquare, a review site for investment advisors to make informed technology purchasing decisions. It includes reviews on 15 technology products in various areas.
Full articleSummary: Russian hackers have attempted to check stolen codes from Microsoft corporate email systems impacting US government departments.
Full articleSummary: Google has filed a patent application for a new Google Maps feature called 'group navigation' that will provide personalized directions, ETA, traffic alerts, and parking information to multiple people heading to the same destination. The feature might also recommend speed adjustments and include a voice chat application.
Full articleSummary: Ford Ranger sales rose 5.1% and trucks contributed to a 0.8% increase in sales for Ford Motor Co. in the second quarter.
Full articleSummary: McDonald's short-term capital lease obligation for the quarter ending in Mar. 2024 was лв1,238 Mil, with a slight decline from the previous quarter.
Full articleSummary: Former Arkansas Governor Mike Huckabee has filed a lawsuit against Meta Platforms Inc. over unauthorized advertisements on Facebook misusing his name and likeness to promote CBD products, with broader implications for advertising practices and public figure endorsements.
Full articleSummary: Two children were shot inside a McDonald's in the Bronx, with the suspect fleeing the scene. The children were taken to the hospital and are expected to survive.
Full articleSummary: Award winning CBS correspondent Harold Dow passed away at the age of 62. He was known for his reports on '48 Hours' and had a long-standing career with CBS News.
Full articleSummary: Microsoft is working on a system that encrypts documents to prevent visual hacking by modifying letters in the text portion and using eye tracking to display the encoded version in the peripheral regions of the user's view.
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