Summary: NASA and Boeing are facing delays in the return of Boeing's Starliner capsule as testing and analysis of helium leaks are ongoing; agency officials deny crew being 'stranded' in space, Engineers aim to collect more data before deciding on the landing date.
Full articleSummary: A new retro Disneyland marquee ear headband covered in blue sequins is now available at Disneyland Resort.
Full articleSummary: RTX adjusts the outlook for the financial year 2023/24 with decreased revenue and earnings expectations due to lower demand from certain customers.
Full articleSummary: RTX nedjusterer forventningerne til regnskabsåret 2023/24 på grund af manglende vækst i omsætning, udskudte ordrer og lavere efterspørgsel i visse segmenter.
Full articleSummary: Baugh & Associates LLC increased its stake in JPMorgan Chase & Co. by 0.8% in the 1st quarter, multiple institutional investors and hedge funds have made changes to their positions in the stock, insider activity includes significant stock sales, Wall Street analysts have provided varying ratings and price targets for the stock.
Full articleSummary: Nike shares tumbled nearly 20% after the company projected sales decline in the new fiscal year, resulting in the biggest one-day drop in its history and wiping out roughly $28B in shareholder wealth.
Full articleSummary: Microsoft recently delivered the Surface Laptop 7, a premium laptop resembling Apple's MacBook Air, with some shortcomings in attention to detail. The laptop is thicker and heavier than the MacBook Air due to requiring fans for active cooling. Setup experience and minor design issues were noted during the process. Despite some flaws, the form factor, USB ports, display, keyboard, touchpad, and battery performance received positive feedback.
Full articleSummary: FedEx's solid earnings report led to a surge in its shares, positively impacting UPS stock in the first trading day after the earnings release. UPS investors may find some positive takeaways in a deeper look at the earnings reports, especially regarding volume growth expectations.
Full articleSummary: State-sponsored Russian hackers accessed emails between Microsoft and several state agencies in Texas through a breach of Microsoft's systems, impacting communications and stealing emails from some of the company's executives.
Full articleSummary: France recalls Coca-Cola Cherry bottles due to health risks associated with bisphenol A, causing disruptions and diseases like breast cancer and infertility.
Full articleSummary: Philippines' Bureau of Immigration and Australia's Department of Home Affairs signed an agreement to exchange intelligence to enhance border security against terrorism and human smuggling. The collaboration aims to strengthen migration management and regional security.
Full articleSummary: Class action lawsuit filed by Rosen Law Firm on behalf of NIKE, Inc. shareholders due to allegations of false and misleading statements regarding the company's business strategy and financial prospects.
Full articleSummary: National Bank Holdings has experienced a significant increase in earnings per share (EPS) by 29% from US$2.71 to US$3.51, with a solid revenue growth of 21% to US$411m. The company's insiders are aligned with shareholders, owning shares worth US$33m. The CEO's total compensation package is below the median for similarly sized companies, indicating good alignment with ordinary shareholders.
Full articleSummary: Gujarat government signs MoUs with Microsoft, NASSCOM, and IBM to establish an AI Center of Excellence at GIFT City, with the aim of positioning Gujarat as a Global Gateway to the Future.
Full articleSummary: Microsoft tech training bundle with 11 courses is on sale for just $59.97 during Deal Days, offering comprehensive training in managing and optimizing Windows-based tech infrastructure as well as working with Microsoft Azure.
Full articleSummary: The Complete 2024 Microsoft Tech Certification Training Super Bundle is on sale for $59.97 through 7/21, offering 11 courses to earn various Microsoft certifications.
Full articleSummary: Apple is rumored to add Google Gemini and potentially Anthropic AI in addition to ChatGPT for integration with its devices. Apple Intelligence, set to launch in beta form this fall, could include subscription-only features aimed at direct profits. Apple may also earn revenue through in-app purchases from its AI partners' chatbot subscriptions.
Full articleSummary: Apple is rumored to announce deals with Google Gemini and potentially Anthropic for AI integration on its devices this fall. Apple Intelligence is expected to launch in beta form with subscription-only features in the future. Apple may generate AI revenue through in-app purchases cut from sign-ups to chatbot subscriptions.
Full articleSummary: 1. Landmark Supreme Court ruling in Chevron case may limit environmental protections. 2. California heat wave hits with above-average temperatures - except coastal areas. 3. Officials complete pollution response to sunken vessel in Delta.
Full articleSummary: Supreme Court overturns the 'Chevron Deference' precedent, limiting federal agencies' power to interpret vague laws.
Full articleSummary: Beau Bohm, former Americas co-head of equity capital markets at Deutsche Bank, has joined Cantor Fitzgerald as global co-head of ECM. Cantor has not made a big announcement about the hire yet. Bohm's FINRA registration confirms his move to Cantor.
Full articleSummary: Claudia Chee, 32, furnishes her new apartment with items from Costco, showcasing her purchases on Instagram and earning income as an influencer and piano teacher.
Full articleSummary: US prosecutors are meeting with Boeing and fatal-crash victims’ relatives as a July 7 deadline looms for the Justice Department to decide whether to criminally charge the planemaker. Justice Department officials found that Boeing violated a 2021 agreement and are considering potential criminal charges. Boeing denies the violation and maintains its compliance with the settlement terms. The company is facing scrutiny over ongoing safety and quality issues.
Full articleSummary: Chevron (CVX) is a popular choice among income investors due to its consistent dividend increases and conservative payout ratio.
Full articleSummary: SK Hynix to invest $74.6 billion to strengthen chip business with focus on AI, SK Group to secure $57.7 billion by 2026 for AI, semiconductors, and shareholder returns, Group aims to improve competitiveness by focusing on AI value chain and reducing subsidiaries, Executive's aim for manageable range of subsidiaries, SK Innovation expected to pursue merger with gas affiliate SK E&S, SK Group targets around $17.9 billion profit before tax in 2022 and $28.9 billion by 2026, South Korea investing $19 billion in chip businesses to keep up in global semiconductor market
Full articleSummary: Wells Fargo analysts revised their profit forecast for RTX (Raytheon Technologies) due to concerns over makers of jet engines following Airbus's delivery target cut. Despite the impact being relatively small, there are worries about RTX's 2025 guidance revision during its upcoming second-quarter results.
Full articleSummary: Analysts at Wells Fargo revised their forecast for RTX, stating that the company is likely to be less profitable this year due to concerns about makers of jet engines, following Airbus cutting its target for plane deliveries. Wells Fargo also raised its price target on RTX.
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