Summary: ExxonMobil enlists Fulcrum LNG to assist in developing a natural gas processing facility offshore Guyana with an estimated investment of $10-15 billion.
Full articleSummary: Andrew Sinclair from Bank of America Securities maintained a Buy rating on Prudential with a Moderate Buy analyst consensus. Prudential reported a quarterly net profit of $0 for the quarter ending December 31.
Full articleSummary: Real estate industry veteran Robert P. Demchak joins Comstock's Executive Leadership Team as General Counsel and Corporate Secretary, bringing over 25 years of experience in real estate and capital markets. He will oversee the Company's legal department and work on strategic initiatives including real estate acquisitions and dispositions, partnerships, and M&A.
Full articleSummary: A 44-year-old woman was arrested for stealing electronics from a Home Depot store in Rutland and fleeing from police.
Full articleSummary: Nike and the Kobe Brand are set to release the Kobe 5 X-Ray sneaker in honor of Kobe Bryant's five NBA championships, featuring a design inspired by his hand injuries depicted on a t-shirt from the early 2010s.
Full articleSummary: BlackRock Asset Management Canada Limited announced final cash distributions for iShares Premium Money Market ETF.
Full articleSummary: Lowe remains out of the lineup for Monday's game against the Mariners due to a fractured right pinky toe from being hit by a pitch.
Full articleSummary: Google announced the expansion of its AI tool Gemini to teen students using Google Workspace for Education accounts in over 100 counties for free, with added protections and safety features.
Full articleSummary: Tesla (TSLA) has been one of the worst performers in the S&P 500 year-to-date with a return of approximately negative 25%, but technical indicators suggest a bigger counter-trend rally could be in store for TSLA in the weeks ahead.
Full articleSummary: Oregon Ducks hosted a successful recruiting weekend with 17 official visitors and 2 5-star prospects for the 2026 class. The event showcased the program's strengths, allowed for interactions between prospects, coaches, and current players, and highlighted off-the-field experiences in Eugene.
Full articleSummary: Four Dow leaders have been recognized on INvolve's 2024 Empower Role Model Lists for championing inclusion and driving change within the workplace.
Full articleSummary: Dow surged to a one-month high amidst investor rotation out of AI stocks and into lagging sectors, anticipating Fed interest rate cuts. Chip stocks like Nvidia, TSMC, Broadcom, Marvell Tech and Qualcomm declined while energy and oil sectors gained on higher fuel demand expectations. Market expectations include anticipating moderation in price pressures with investors still pricing in rate cuts, while economic data and presidential debate may drive market sentiment.
Full articleSummary: Splunk wrapped up its .conf24 user conference in Las Vegas, showcasing the AI focus and partnership benefits post-acquisition by Cisco. The event highlighted new AI technologies, data management innovations, SOC advancements, and expanded partner programs.
Full articleSummary: Video released showing a man being shot by Charlotte-Mecklenburg Police officer after pulling out a gun during a surveillance operation. The man, Tim Moore, survived and is awaiting trial.
Full articleSummary: Coca-Cola Kenya announces the winner of 'KachingChingNaCoke' promotion, awarding Dr. Samuel Gitonga Arithi with Ksh1 million cash prize.
Full articleSummary: IBM received a 'buy' rating from Goldman Sachs analysts based on the company's efforts to boost long-term growth, particularly in infrastructure software and artificial intelligence (AI) offerings.
Full articleSummary: The U.S. military is significantly increasing ammunition production to support Ukraine amidst the conflict in Ukraine. General Dynamics plays a key role in this initiative with advanced machinery and contracts.
Full articleSummary: Nvidia's continuous slide caused the S&P 500 and Nasdaq Composite to fall from their record highs, with Nvidia losing over 6% for the day. Market analysts discuss the impact of Nvidia's decline on the tech sector and overall market performance, highlighting the importance of big tech stocks in the current market rally.
Full articleSummary: KPMG partners with Microsoft to enhance its AI tool, using Microsoft's OpenAI Service and Azure AI Search
Full articleSummary: Coca-Cola Consolidated, Inc. is cutting its loan commitments from $1.3 billion to zero, indicating a significant shift in the company's financial strategy.
Full articleSummary: Google is launching enhanced shopping features to help consumers navigate the upcoming summer sales season, including updated deals destination and membership price display.
Full articleSummary: Bank of America analysts raised Broadcom's price target due to its transformation to growth stock with increasing AI and VMWare contributions, expected double growth rate to 13% from 2024 to 2026.
Full articleSummary: Nvidia is reportedly buying an AI company to enhance its AI chip solutions.
Full articleSummary: Alger CEO Dan Chung predicts that Nvidia will continue to experience corrections amidst the tech run and valuations
Full articleSummary: Shopify merchants to feature their products on Target Plus, expanding Target's marketplace with new products and brands.
Full articleSummary: Tesla Cybertruck is going on an international tour in Thailand until September 2024, visiting 7 exclusive locations across the country.
Full articleSummary: Charlotte City Council approved $650 million in public funds for Bank of America Stadium renovations, reducing previous $1.2 billion package to $650 million. The renovations will include new outside atmosphere, concourses, concessions, and standing room deck section. Team commitments for 20 years in Charlotte with potential new stadium in the future.
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