Summary: McDonald's participates in various Pride festivals across the United States to show support for the LGBTQ+ community. The company sponsors and attends events in cities like Charlotte, Atlanta, St. Pete, Chicago, and more.
Full articleSummary: McDonald’s is ending its AI-powered automated drive-thru order-taking experiment at more than 100 locations due to customer complaints of receiving incorrect items, with plans to potentially reintroduce AI in the future. McDonald’s partnered with IBM for the pilot program and will evaluate voice ordering solutions moving forward.
Full articleSummary: Salesforce announces a major upgrade to its Revenue Lifecycle Management solution, powered by the Einstein 1 Platform, to address the needs of the Middle Office and provide advanced features like unified product catalog and dynamic revenue orchestration. The company maintains its pricing at $200 per user per month, emphasizing the long-term benefits of an integrated AI-driven approach to RevOps.
Full articleSummary: S & P 500 and Nasdaq Composite were flat near all-time highs, concerns about a narrow market persist, Broadcom and Disney stocks performed well.
Full articleSummary: Tegna announced the appointment of Michael Steib, a former NBCUniversal and Google exec, as the new president and CEO, along with the addition of two independent directors to its board.
Full articleSummary: GlobalData tracks drug-specific phase transition and likelihood of approval scores, in addition to indication benchmarks based off 18 years of historical drug development data. Attributes of the drug, company and its clinical trials play a fundamental role in drug-specific PTSR and likelihood of approval. Bristol-Myers Squibb (BMS) is a specialty biopharmaceutical company that is engaged in discovery, development, licensing and manufacturing, marketing, distribution and sale of medicines and related medical products to patients with serious diseases. Its primary focus is on cancer, immunology, cardiovascular, and fibrotic therapeutic projects.
Full articleSummary: Vanguard Group Inc. reduced its stake in Charter Communications by 0.1% in the fourth quarter, holding about 5.68% of the company's stock worth $3,207,277,000. Several other hedge funds also adjusted their positions in the company.
Full articleSummary: Boeing CEO faces public scrutiny from US senators over safety concerns following a near-catastrophic accident on a 737 Max 9 aircraft.
Full articleSummary: Octopus Energy partners with Tesla to offer Tesla Powerwall installation and smart tariffs in Spain and the UK, aiming to save customers £250 annually compared to standard tariffs.
Full articleSummary: Juneteenth, a federally recognized holiday marking the end of slavery in the US, will see banking and postal services closed in US cities on Juneteenth 2024. However, some essential services may remain operational.
Full articleSummary: NVIDIA researchers are presenting new visual generative AI models and techniques at the Computer Vision and Pattern Recognition conference, showcasing advancements in various areas like image generation, scene editing, language understanding, and autonomous vehicle perception.
Full articleSummary: Comcast Business is providing Family Justice Center of Washington County with Comcast Business Ethernet Dedicated Internet (EDI) and Comcast Business Voice Mobility Solutions to ensure reliability and speed for FJCWC’s network, supporting the organization’s growing connectivity needs.
Full articleSummary: Solana's price experienced an 8.52% upswing over the weekend, driven by the integration of PayPal's PYUSD stablecoin into Solana's DeFi ecosystem, leading to a brief surpassing of the $150 milestone. The upcoming week's price action depends on support at $140 and resistance at $155.
Full articleSummary: Scorpius Holdings, Inc. received notice from NYSE American about the commencement of delisting proceedings due to the low-selling price of its common stock. The Company plans to appeal the determination.
Full articleSummary: Intel has disappointed investors, experiencing a 40% drop in shares in 2024 due to underperformance and increasing competition. Q1 results missed estimates, showing a concerning cash burn and high debt position. Earnings are not expected to rebound significantly until 2025, leading to a very depressed valuation compared to competitors like Nvidia and AMD.
Full articleSummary: McDonald’s is ending a two-year-old partnership with IBM to test AI’s ability to replace drive-thru workers, due to mishaps in the system. McDonald’s plans to explore voice ordering solutions more broadly, potentially partnering with Google.
Full articleSummary: Nike unveils exclusive Nike Dunk Low Legacy 365 sneakers honoring its Black Employee Group with design inspired by community experiences in barbershops and salons.
Full articleSummary: Barclays analyst assigned a Hold rating to United Parcel (UPS) with a price target of $145.00. Analyst consensus of Moderate Buy with a price target of $162.05. Company has one-year high of $184.88 and a one-year low of $129.23.
Full articleSummary: McDonald's is ending its two-year automated order taking (AOT) drive-thru experiment and partnership with IBM, considering exploring voice ordering solutions more broadly and potentially partnering with Google for AI solutions across its restaurants.
Full articleSummary: A Tesla on Full Self-Driving mode crashed into a California Highway Patrol cruiser responding to a fatal crash. The Tesla driver was using a cell phone while the car was operating in autonomous mode, violating responsible driving practices and California law.
Full articleSummary: United Parcel Service (UPS) is being sued by the U.S. Equal Employment Opportunity Commission for disability discrimination in hiring drivers who are deaf or hearing-impaired. UPS is modifying driver training for these individuals and plans to start accepting exemptions to the DOT commercial driver hearing standard in January 2024.
Full articleSummary: ICA Group Wealth Management LLC bought a new position in Salesforce, Inc. (NYSE:CRM) in the fourth quarter, acquiring 1,013 shares valued at approximately $267,000. Other hedge funds have also increased their stakes in the company. Wall Street analysts have issued various ratings on Salesforce, with an average target price of $292.79.
Full articleSummary: ICA Group Wealth Management LLC purchased a new position in Amgen Inc. in the 4th quarter, with some other institutional investors also recently adding to their stakes. Analysts have given Amgen a variety of ratings, with the stock having an average rating of "Moderate Buy".
Full articleSummary: Southwest Airlines-operated Boeing plane involved in a serious mid-air incident in Hawai'i, during landing approach co-pilot sent the plane within 400 feet of the Pacific Ocean. This comes after a recent 'Dutch roll' incident with a different Southwest-operated 737 Max 8 in May.
Full articleSummary: Walt Disney is showcasing strong financial performance with Disney+ turning profitable and Inside Out 2 surpassing box office expectations. The Magic Kingdom at Disney World is introducing new experiences to attract more guests and increase franchise visibility.
Full articleSummary: Disney stock (NYSE: DIS) is considered a better pick than UPS stock (NYSE: UPS) due to its superior revenue growth, profitability, and lower valuation, with estimated upside potential.
Full articleSummary: Disney stock (DIS) is considered a better pick than UPS stock (UPS) due to its superior revenue growth, profitability, and lower valuation. Disney's revenue growth of 11% annually in the last three years outperformed UPS, which saw 3% growth. Disney also has a higher operating margin but a lower financial risk compared to UPS.
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