Summary: RBI issued advisory to banks after receiving tips on potential cyberattack threats. Banks advised to enhance surveillance, resilience capabilities, and limit system access.
Full articleSummary: Costco has changed the packaging of its rotisserie chickens from plastic clamshell containers to plastic food service bags, claiming it to be a more environmentally friendly move, saving millions of pounds of plastic each year.
Full articleSummary: Images of a damaged Pixel 6-style Fold prototype showed up on XDA forums, suggesting Google was working on a foldable phone rumored for a 2021 reveal.
Full articleSummary: Amazon is reviewing claims that Perplexity AI is scraping content without approval, Perplexity AI has been accused of plagiarism and inventing fake quotes, Forbes has found 'knock-off' stories lifted from other publications.
Full articleSummary: Intel's Arc Battlemage 'X2' & 'X3' graphics cards featuring up to 56 Xe2 cores and 256-bit bus interface have been spotted with new codenames and details.
Full articleSummary: KBW has upgraded Bank of New York Mellon to an 'Outperform' rating, citing strong financial performance and low price-to-earnings valuation. The stock has a 19% upside potential and has returned 14.4% in 2024 with dividends reinvested. Bank of New York Mellon ranks second for returns on tangible equity over the past four quarters and trades at a low forward P/E among top banks.
Full articleSummary: Analysts have provided opinions on 20 banks, with varying levels of 'buy', 'neutral', and 'sell' ratings. Majority of the banks have positive ratings with some showing upside potential.
Full articleSummary: Several prominent U.S. banks including JPMorgan Chase, Bank of America, Citigroup, Morgan Stanley, Goldman Sachs, and Wells Fargo have announced dividend increases for Q3 following a successful performance in the Federal Reserve's stress test.
Full articleSummary: Intel has listed the BMG series design tools for the BMG-G31 GPU on its official website, confirming the inclusion of a flagship GPU code-named G31 with 32 Xe2 core. The Battlemage series will have BGA3283 package with 2362 pins.
Full articleSummary: Indiana Trust & Investment Management CO increased its stake in Netflix by 112.0% in the first quarter. Several other institutional investors also made changes to their positions in the stock. Insider activity includes Chairman Reed Hastings selling shares of Netflix. Analysts have set new price targets for the stock, with mixed ratings. Netflix reported positive quarterly earnings results, beating EPS estimates. The stock opened at $674.88 on Friday.
Full articleSummary: Google Messages is integrating Gemini AI, allowing users to access the AI service within the app. The feature is not widely available yet and offers fast access through a new floating action button.
Full articleSummary: Gemini AI is being integrated into Google Messages, making it easier to access for users.
Full articleSummary: Nike is set to release new colorways for the Nike Ja 1 sneaker, including a kid's pair inspired by the Memphis Grizzlies jersey colors of 'Mystic Navy' and 'University Gold'. Pairs are expected to release in Korea on July 26th.
Full articleSummary: Nvidia (NVDA) completed a 10-for-1 stock split, which can be seen as an encouraging sign in the stock market.
Full articleSummary: StackSocial is offering a discounted one-year subscription to Microsoft 365 for $35, down from the usual price of $70, giving access to premium Office apps and 1TB of OneDrive cloud storage.
Full articleSummary: Google Translate expands language support with the introduction of 110 new languages, benefiting over 614 million speakers, including major global tongues and languages spoken by indigenous communities.
Full articleSummary: The US Supreme Court overruled the doctrine of deference to agency interpretations of ambiguous statutory provisions, impacting judicial review of Interior Department decisions.
Full articleSummary: Some users are developing emotional attachments to chatbots due to their human-like qualities, leading to high engagement levels. Various AI companies are enhancing their chatbots to seem more human-like.
Full articleSummary: Disney has backtracked on its decision to exclude international guests from pre-booking Lightning Lane attractions at Walt Disney World Resort. Instead, Canadian residents will now have the same pre-booking privileges as U.S. guests. This decision comes after concerns were raised about international visitors being shut out of ride selections for their Disney vacation.
Full articleSummary: Salesforce.com Inc stated that malware targeting users' log-in credentials could have hit some of its users. The company had no evidence of customer impact yet.
Full articleSummary: Hennion & Walsh Asset Management Inc. reduced its holdings in BlackRock MuniYield Quality Fund III by 12.1% during the 1st quarter as per SEC filing. Other institutions have also made adjustments to their positions in the company. The fund declared a monthly dividend, with a record date on June 14th.
Full articleSummary: Charles Schwab received results of the Federal Reserve’s 2024 Comprehensive Capital Analysis and Review with strong capital ratios, including a SCB below 2.5%. CFO remains focused on enhancing capital levels and prioritizing profitable growth.
Full articleSummary: Nike 11-ON Tournament taking place in Florham Park, NJ, showcasing high school football teams competing against each other.
Full articleSummary: Kite, a Gilead Sciences company, announced updated results from a phase I/II study, ZUMA-3, on experimental candidate KTE-X19 at the Annual Meeting of the American Society of Hematology. Gilead's stock has gained 2.7% in the past six months, worse than the industry's decline of 6.5%. Gilead currently carries a Zacks Rank #1 (Strong Buy).
Full articleSummary: Meta, formerly Facebook, is investing in AI research for more natural conversations with voice assistants, focusing on metaverse communication and on-device assistants.
Full articleSummary: ExxonMobil's stock price appreciated by 79.87% over the past 10 years, underperforming Chevron Corporation and Shell PLC.
Full articleSummary: Google plans to expand Circle to Search feature to other Android phones via Google Lens. Android Authority found clues to this update in recent Google app betas files and suggests imminent release. However, certain issues need to be addressed before the launch. The feature may continue with three-button navigation instead of pill gesture navigation.
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