Summary: Apple's new iPhone models, including the iPhone 16, are critiqued for not offering meaningful improvements in hardware for AI features and marketing Apple Intelligence before the AI capabilities are rolled out.
Full articleSummary: Nordic investors are reconsidering their investments in the defense sector following discussions with BlackRock.
Full articleSummary: Amazon introduced PayPal payment services to Buy with Prime, enabling Prime members to use the service on participating merchants' websites, along with enhancements in advertising solutions and fulfillment to boost sales and improve shoppers' experience.
Full articleSummary: Deutsche Bank raised PayPal's price target to $94 from $74 and maintains a Buy rating due to improved business metrics and strategic initiatives by CEO Alex Chriss.
Full articleSummary: BlackRock, Inc. increases its holdings in Assura PLC to reach a total of 10% of voting rights through shares and financial instruments.
Full articleSummary: Large oil producers like Chevron (CVX) facing challenges due to rapid growth in purchases of plug-in hybrid vehicles and 100% battery-powered vehicles in China, the U.S., and Europe.
Full articleSummary: Philip Morris International expects to record a record loss of about £220 million ($198 million) on the sale of its inhaled-therapeutics Vectura Group unit to Molex Asia Holdings.
Full articleSummary: Bank of New York Mellon Corp significantly increased its position in Talkspace, Inc. during the 2nd quarter, with other hedge funds making changes to their positions as well. Additionally, CFO Ian Jiro Harris acquired a substantial number of shares of the company's stock. An analyst at Needham & Company LLC reaffirmed a "hold" rating on Talkspace stock.
Full articleSummary: Bernstein Liebhard LLP reminds investors of the deadline to file a lead plaintiff motion in a securities class action lawsuit against Endava, plc for alleged Securities Exchange Act violations related to misrepresentations about demand for its services
Full articleSummary: Colgate-Palmolive (India) Ltd. stock traded 0.92% up at Rs 3686.95 amid a positive market trend, with a 52-week high of Rs 3730.55 and a low of Rs 1968.25. Financial indicators show a P/E ratio of 71.12 and a price-to-book value of 27.81. Technical analysis reveals an RSI of 64.22.
Full articleSummary: Michael Emerson expresses strong support for the finale of 'Lost', praising the writing and the conclusion.
Full articleSummary: Barrow Hanley Mewhinney & Strauss LLC reduced its position in Medtronic plc by 3.8% during the 2nd quarter. Other large investors have also made moves in or out of the company. Medtronic announced a quarterly dividend and beat earnings estimates in its recent results.
Full articleSummary: Charter Communications awarded $1.3 million in grants to 66 nonprofit organizations through its 2024 Spectrum Digital Education program, benefiting over 163,000 community members since 2017.
Full articleSummary: Kayne Anderson Rudnick Investment Management LLC increased its position in Texas Instruments during the second quarter according to Form 13F filing. Analysts have given various ratings to TXN stock, with an average target price of $204.67. Insider selling activities were reported recently. Texas Instruments stock is down by 2.1%.
Full articleSummary: Salesforce (NYSE: CRM) is considered one of the biggest beneficiaries of the SaaS business model revolution and enterprise migration to cloud-based software solutions.
Full articleSummary: ProShare Advisors LLC reduced its holdings in PepsiCo, Inc. by 5.4% during the 2nd quarter according to the recent Form 13F filing. Several other large investors also bought and sold shares of the company. PepsiCo announced a quarterly dividend payment and is expected to post 8.15 EPS for the current year. Wall Street analysts have given mixed ratings for the company, with an average target price of $185.53.
Full articleSummary: DRW Securities LLC significantly increased its position in ConocoPhillips during the second quarter, with its holdings now worth $4,974,000. Insider Transactions at ConocoPhillips show Director Timothy A. Leach selling 55,500 shares of the firm's stock in August. ConocoPhillips recently cut its quarterly dividend.
Full articleSummary: American Tower (AMT) closed lower by -1.54% amid a positive day for the S&P 500 and Dow.
Full articleSummary: Coca-Cola withdrew its $1 billion investment pledge to Nigeria in 2021 due to the challenging business environment prevailing in the country, but has now renewed the pledge based on the promised stable economic environment under the Tinubu government.
Full articleSummary: Big Tech companies are planning to invest in AI infrastructure including chips, data centers, and possibly new nuclear plants through the Global AI Infrastructure Investment Partnership (GAIIP) led by Microsoft, BlackRock, Global Infrastructure Partners, and MGX with an initial target of $30 billion in private equity capital.
Full articleSummary: Yuhan Corp. signed a contract worth 107.6 billion won ($80.8 million) with Gilead Sciences Inc. to supply raw materials for HIV treatments until September 30, 2025.
Full articleSummary: Disney shared a preview of model homes in Cotino, a Storyliving by Disney community, showcasing three model homes built by Shea Homes.
Full articleSummary: Coca-Cola Hellenic Bottling Company plans to invest an additional $1bn in Nigeria over the next five years, citing confidence in government policies and the business environment. The investment is part of the company's expansion drive in the country and commitment to realizing Nigeria's potential.
Full articleSummary: BlackRock analysts express wariness over unexpected 50bp rate cut by FOMC, foreseeing increased market volatility and uncertainty in outlook with potential for unmet rate cut expectations.
Full articleSummary: Google Photos now allows users to flip or mirror their photos, a basic feature that was missing. Additionally, the app has introduced the 'Ask Photos' feature, enabling users to ask the chatbot to find specific photos leveraging AI.
Full articleSummary: G42 partners with NVIDIA to advance climate technology by developing AI solutions for accurate weather forecasting and establishing a Climate Tech Lab in Abu Dhabi.
Full articleSummary: Disney has released a new traditional popcorn bucket at Disney World themed around the Sanderson Sisters from Hocus Pocus and featuring various Disney characters in Halloween costumes.
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