Summary: An observational study found that Eli Lilly's tirzepatide had better weight loss outcomes compared to Novo Nordisk's semaglutide among overweight or obese individuals. Lilly is conducting a head-to-head trial called SURMOUNT-5 to further evaluate the efficacy of tirzepatide.
Full articleSummary: John Deere has laid off more than 1,000 employees in an effort to balance its workforce due to a drop in demand for its products. The USDA predicts a significant fall in farm income and John Deere reports a 12% drop in revenue.
Full articleSummary: Bank of America will report its second-quarter 2024 financial results on July 16, 2024, followed by an investor conference call. The company is one of the world's leading financial institutions, offering a wide range of banking, investing, and financial services.
Full articleSummary: Starbucks, The Coca-Cola Company, PepsiCo, and other global brands are partnering in The Petaluma Reusable Cup Project to make reusable cups the default option in national and local restaurants across the City of Petaluma, with more than 30 restaurants participating in this initiative.
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: PayPal and Venmo payment options are now available to Hy-Vee customers using the grocer’s Aisles Online platform for grocery pickup and delivery orders, thanks to a collaboration between Hy-Vee Inc. and PayPal.
Full articleSummary: Siemens Energy-Aktie erreicht neues 3-Jahres-Hoch und befindet sich im langfristigen Aufwärtstrend. Positive Musterdepot-Empfehlungen für den Montag stehen bevor.
Full articleSummary: Pfizer Inc. is planning to replace its long-standing Chief Scientific Officer, Mikael Dolsten, who has been with the company for more than 15 years.
Full articleSummary: E-commerce software stocks, including Squarespace (NYSE:SQSP), reported an ok Q1 with revenues beating estimates by 1.5% on average. Squarespace had a decent quarter with revenue growing 18.6% year on year and a strong full-year guidance raise.
Full articleSummary: Alexandra Barth joins Wells Fargo & Company as co-head of Leveraged Finance in the Corporate & Investment Bank division. She brings 25 years of experience from Deutsche Bank. Wells Fargo emphasizes her track record in leveraged finance and skills across various sectors.
Full articleSummary: Wells Fargo & Company, a major American banking group, reported its Net Banking Product breakdown by activity including retail and commercial banking, finance, investment, market banking, and profit management at the end of 2020.
Full articleSummary: AMD's next-generation Zen 5-based 'Strix Halo' APU will have a package size matching Intel's LGA1700 socket, featuring Zen 5 CPU cores, upgraded RDNA 3.5 GPU cores, and chiplet-based design.
Full articleSummary: PayPal PYUSD stablecoin supply surged by 90% after moving to the Solana blockchain, with a market cap over $500 million as of July 8. The adoption on Solana is increasing, leading to a significant rise in trading volume.
Full articleSummary: Costco food court pizza dough supplier is Lamonica's Pizza Dough, a Brooklyn, NY-based manufacturer.
Full articleSummary: Fidelis Capital Partners LLC increased its holdings in Gilead Sciences by 20.8% during the 1st quarter. In the same quarter, other hedge funds like Norges Bank and Wellington Management Group LLP acquired significant stakes in GILD as well. Analysts have set various price targets for Gilead Sciences with a range of ratings from hold to strong buy. Insider activity includes a recent sale by an insider, Merdad Parsey. Gilead Sciences stock performance has been mixed with a decrease in average rating to 'Hold'.
Full articleSummary: GFiber, in partnership with Nokia, has successfully tested 50 Gbit/s connections on 50G PON equipment, aiming to enhance customer experience and offer faster speeds. The company is also exploring the transition to 100-Gig technology.
Full articleSummary: NextEra Energy, Inc. plans to report Q4 and full-year 2023 financial results on January 25, 2024, before the opening of the New York Stock Exchange.
Full articleSummary: Microsoft stock has a strong historical performance with significant growth in revenue and net income. Key drivers for its future performance include productivity solutions, cloud services led by Azure, and personal computing products. Analysts predict a bullish outlook on Microsoft's stock price through 2030, with expected gains each year.
Full articleSummary: Sam's Club cutting membership fees to $25 through the end of August as price wars heat up between Costco and Sam's Club.
Full articleSummary: Gilead Sciences stock has dropped nearly 20% over the past six months but recent promising results in HIV studies, key acquisition, and positive technical setup suggest a potential upside for the stock.
Full articleSummary: Thermo Fisher Scientific opens a NanoPort facility in Taiwan to support semiconductor and materials innovation, offering access to electron microscopy experts and latest technologies, aiming to serve as R&D partner in the region and enabling customers to accelerate innovations. The facility is part of Thermo Fisher's commitment to advancing science and technology worldwide.
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: Nike rehires retired senior executive to oversee retail partnerships to boost falling sales. Tom Peddie, who retired in 2020 after 30 years, returns as vice president of marketplace partners. Nike trying to rebuild relationships with retailers like Foot Locker, after shifting focus to direct-to-consumer sales in 2022.
Full articleSummary: AC Milan and Tottenham are in disagreement over the transfer fee for Emerson Royal, with Spurs wanting €25m and Milan offering €12m.
Full articleSummary: Nike rehires retired senior executive Tom Peddie to focus on improving relationships with retailers as the company faces falling sales.
Full articleSummary: Palantir's Foundry and Artificial Intelligence Platform certified on Oracle Cloud Infrastructure (OCI) and generally available, collaboration with Oracle to accelerate AI initiatives, OCI provides flexible compute infrastructure for efficiency, performance, and security.
Full articleSummary: foodpanda's grocery delivery service, pandamart, partners with Coca-Cola Philippines to provide complimentary refreshments to freelance delivery partners for Father's Day season.
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