Summary: A new joint venture named Phoenix Retail, formed by WHP Global and mall owners, bought Express, Inc. for $138 million in cash and $38 million in assumed liabilities. Phoenix plans to run a financially revitalized direct-to-consumer platform for Express and Bonobos, keeping Express' remaining 450 stores open.
Full articleSummary: AgMission™ and PepsiCo have partnered to award three grants totaling $6.7 million to researchers in Australia, Mexico, and Canada to support evidence-based research on climate-smart agriculture practices. The projects aim to enhance farm resilience, promote regenerative practices, and reduce greenhouse gas emissions.
Full articleSummary: Alphabet Inc. (GOOG) has been listed as one of the most searched stocks on Zacks.com, with attention on key factors influencing its performance. Earnings estimates are positive with expected growth in the current and next fiscal years. Alphabet reported strong revenue growth and beat earnings estimates in the last quarter. The stock is currently rated Zacks Rank #1 (Strong Buy) though valuation metrics suggest it is trading at a premium to its peers.
Full articleSummary: Meta Platforms (META) has been on Zacks.com's list of the most searched stocks. The stock has shown positive returns in the past month compared to the Zacks S&P 500 composite. Earnings estimate revisions, projected revenue growth, last reported results, surprise history, and valuation metrics are some factors influencing the future performance of Meta Platforms.
Full articleSummary: Larry Ellison of Oracle is envisioning a future where every Oracle customer could have their own full-service cloud region within their data center, spanning from ultra-compact data centers to massive, gigawatt-scale AI data centers. Ellison believes Oracle's ability to scale both down and up will give them a unique edge in the AI and cloud market.
Full articleSummary: Nvidia has introduced a new set of SFF guidelines for smaller graphics cards that fit better in compact builds, with Asus and Zephyr showcasing the first cards meeting this standard. Some models are already going on sale internationally, potentially arriving in US stores soon.
Full articleSummary: The video discusses recent updates impacting Advanced Micro Devices (AMD) and Intel (INTC), including Stock Advisor analysts not identifying AMD among the 10 best stocks to buy and AMD being recommended previously. Jose Najarro and The Motley Fool have positions in AMD and recommend it. The video also includes a disclosure policy from The Motley Fool.
Full articleSummary: Meta Platforms, Inc. and Apple Inc. are facing charges for violating EU regulations, potentially leading to fines of up to 10% of their global annual turnover.
Full articleSummary: Salesforce.com (CRM) has experienced a decrease in share price over the past month while the Zacks Computer - Software industry has seen gains. Analysts are revising earnings estimates for the company, with a positive outlook for the current and next fiscal years. The Zacks Rank for Salesforce.com is #3 (Hold), and the company is graded D on valuation metrics.
Full articleSummary: A Tesla in self-driving mode crashed into a police cruiser in California while an officer was investigating a deadly crash. The Tesla driver admitted to using self-drive mode while on the phone.
Full articleSummary: Salesforce announced new Revenue Lifecycle Management capabilities to improve quote-to-cash sales process, expand reach across distribution channels, and provide flexible monetization strategies. Customers can benefit from automation, AI integration, omni-channel selling, and modernized ordering through this full-lifecycle solution.
Full articleSummary: Lockheed Martin and Rheinmetall introduced the Global Mobile Artillery Rocket System (GMARS), a two-pod system designed to replace Germany’s MARS 2 system, aimed at fulfilling the growing demand for long-range rocket artillery.
Full articleSummary: Oracle announced new AI innovations in the latest release of Oracle APEX, which includes an APEX AI Assistant to simplify application development and help developers quickly build feature-rich applications at scale. The AI enhancements in Oracle APEX include APEX AI Assistant, Create App Assistant, and Conversational AI dialogs.
Full articleSummary: Wells Fargo fired over a dozen employees for faking work through a simulation of keyboard activity, as reported by Bloomberg.
Full articleSummary: The article provides an extensive industry comparison of Johnson & Johnson (JNJ) with its competitors in the Pharmaceuticals sector, highlighting key financial metrics and company performance. While JNJ shows undervaluation based on PE, PB, and PS ratios, it exhibits underperformance in terms of ROE, EBITDA, gross profit, and revenue growth compared to industry averages.
Full articleSummary: Berkshire Hathaway Inc., Eli Lilly Co. and PepsiCo, Inc. have been featured in the Zacks Analyst Blog. Berkshire Hathaway Inc. is showing growth in its insurance and non-insurance businesses although facing volatility due to cat loss exposure. Eli Lilly Co. is outperforming with strong demand trends for its core drugs, while facing challenges like generic competition. PepsiCo, Inc. is benefitting from its diversified portfolio despite soft sales due to recent product recalls.
Full articleSummary: Berkshire Hathaway, Eli Lilly, and PepsiCo have been featured in Zacks Equity Research analyst blog. Berkshire Hathaway has shown steady growth due to diverse business activities and strong cash position. Eli Lilly has outperformed with a solid drug portfolio, while PepsiCo, despite facing challenges, is benefitting from diversified portfolio and strong consumer demand.
Full articleSummary: Three key members of Tesla's former charging team in the Northeast have joined Revel to continue deploying EV charging stations after being laid off and rehired by Tesla. Revel is actively pursuing Tesla's abandoned charging sites in New York.
Full articleSummary: Nvidia's stock split announcement led to a 27% jump in shares, pushing its market cap past $3 trillion while Broadcom's stock also surged by 16% following its announcement of a similar 10-for-1 stock split.
Full articleSummary: Cisco Systems (CSCO) has been one of the most searched stocks on Zacks.com, with the stock's performance lagging behind the Zacks S&P 500 composite and the Zacks Computer - Networking industry over the past month. Zacks emphasizes the importance of evaluating earnings estimate revisions, with Cisco's current projections showing a decline in earnings for the upcoming periods. Additionally, the company's recent revenue growth and surprise history are discussed, along with a neutral valuation grade of C based on various valuation metrics.
Full articleSummary: Salesforce.com (CRM) is recommended as a growth stock due to its strong future prospects, financial health, and growth metrics.
Full articleSummary: Wall Street analysts have an average brokerage recommendation (ABR) of 1.84 for PepsiCo (PEP) with 57.9% of recommendations being Strong Buy. However, the reliability of brokerage recommendations has been questioned due to potential biases. Instead, Zacks Rank, a model based on earnings estimate revisions, is recommended for making investment decisions.
Full articleSummary: ICA Group Wealth Management LLC increased its stake in Alphabet Inc. by 6.4% during the fourth quarter, other large investors have also made changes to their positions in GOOGL, insiders sold a significant number of shares, and analysts have mostly positive ratings and price targets for the stock.
Full articleSummary: Trust Co. of Vermont lessened its stake in PepsiCo, Inc. by 10.0% during the 4th quarter. A number of large investors either added to or reduced their stakes in PEP. Wall Street analysts have provided varying ratings for PepsiCo, including hold and buy ratings. PepsiCo's stock price traded up 0.7% during mid-day trading on Monday.
Full articleSummary: Nike is releasing the Nike SB Force 58 'Ashen Slate' as part of its skate-ready silos, echoing the Air Force 1 design language.
Full articleSummary: MSI Claw gaming handheld did not impress in terms of gaming performance, showcasing issues with Intel Meteor Lake processor. Despite some positive aspects like joysticks/buttons and screen quality, its high price and weaker gaming capabilities make it not recommended by the reviewer. MSI has already announced a successor for the Claw with improved features, but it will take several months before its release.
Full articleSummary: Oracle, Microsoft, and OpenAI are collaborating to extend Microsoft Azure AI platform to Oracle Cloud Infrastructure to meet the rising demand for AI. Apple's emphasis on AI with Apple Intelligence in iOS 18 could be a contributing factor. The partnership aims to leverage OCI's AI capabilities and infrastructure to train models and power applications for generative AI, computer vision, natural language processing, recommendation systems, and more.
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