Summary: PayPal added as checkout option for U.S.-based cruise reservations by Norwegian Cruise Line Holdings, allowing travelers to pay with PayPal for seamless and secure transactions. Norwegian Cruise Line Holdings to use PayPal Braintree for credit card processing as well.
Full articleSummary: IBM launches RFP for nonprofit and government organizations to join the IBM Sustainability Accelerator, focusing on AI solutions for sustainable consumption and production. EY and ServiceNow are strategic allies in this initiative.
Full articleSummary: Broadcom Inc. is experiencing remarkable growth in the AI infrastructure market, with a 51% year-over-year revenue increase in fiscal Q4 2024 and anticipated revenue of $14.6 billion in early 2025. Partnerships with tech giants like Google, Meta, and ByteDance underscore Broadcom's influence, with potential market reach to $90 billion by 2027. Analysts foresee heightened demand for Broadcom's ASICs as AI technology expands.
Full articleSummary: Kraft Heinz (KHC) stock fell after releasing its Q4 2024 earnings report with revenue below expectations. The company also provided lower guidance for 2025, leading to a significant drop in stock price.
Full articleSummary: GE Aerospace among the best manufacturing stocks, sector experiencing reshoring and strategic shifts, market performance showing resilience and investment trends strong, outlook for U.S. manufacturing sector cautiously optimistic
Full articleSummary: The article discusses the resilience and future growth prospects of the U.S. manufacturing sector, highlighting trends such as reshoring and strategic shifts, market performance, and investment trends.
Full articleSummary: Medtronic acquires nano surface technology assets from Nanovis to enhance PEEK interbody fusion devices for spine surgery.
Full articleSummary: Berkshire Hathaway Inc acquired 763,017 shares of Occidental Petroleum stock, following previous acquisitions, disclosing a 0.29% increase in their position.
Full articleSummary: Channing Global Advisors LLC increased its position in Booking Holdings Inc. by 42.8% during the 4th quarter, while several other institutional investors also raised their holdings in the company. Wall Street analysts have given positive ratings and target price upgrades for Booking. The stock price of Booking Holdings Inc. rose by 2.5% recently.
Full articleSummary: Hartford Investment Management Co. increased its holdings in ConocoPhillips by 9.5% in Q4, with other institutional investors also buying shares. Directors made significant purchases of COP stock. ConocoPhillips is trading down 3.2% with a dividend announcement and positive earnings reported.
Full articleSummary: Alphabet's stock dropped around 7% after reporting fourth-quarter earnings, seen as a buying opportunity for long-term investors due to its diversified businesses including YouTube, Waymo, and Google Cloud.
Full articleSummary: Kentucky Trust Co purchased a new position in shares of Amgen Inc. during the 4th quarter, other hedge funds and institutional investors have also bought and sold shares of the company. Amgen has had insider selling activity recently. Analysts have issued various ratings and price targets on Amgen stock.
Full articleSummary: Medtronic's cardiac ablation solutions business is expected to exceed growth expectations with PulseSelect PFA system driving double-digit growth in Q3 FY 2025. BofA forecasts potential revenue growth for Affera mapping and ablation system in FY 2026 and highlights the growth potential of Medtronic's renal denervation system, Symplicity Spyral.
Full articleSummary: MetLife Inc. will participate in a fireside chat at the Bank of America Securities 2025 Financial Services Conference.
Full articleSummary: FedEx Corp has acquired RouteSmart Technologies to enhance its global pickup and delivery optimization, leveraging RouteSmart's technology solutions to improve efficiency across its operations and strengthen its suite of technology offerings.
Full articleSummary: MetLife Inc. (MET) will participate in a fireside chat at the Bank of America Securities 2025 Financial Services Conference on February 12, 2025, at 8:00 AM ET.
Full articleSummary: Louisiana State Employees Retirement System reduced its stake in Texas Instruments by 4.4% in the fourth quarter, holding 115,700 shares valued at $21,695,000. Several other large investors also bought and sold shares of the stock.
Full articleSummary: Louisiana State Employees Retirement System increased its stake in ConocoPhillips by 6.3% during the fourth quarter. Insider buying of ConocoPhillips stock occurred, with significant increases in positions. ConocoPhillips stock experienced a 3.2% decrease in value.
Full articleSummary: Gaia Dynamics has launched a new AI-driven platform to simplify global trade compliance amidst increasing complexity in global trade regulations and supply chain optimization.
Full articleSummary: HyClone Laboratories filed a Motion to Quash a subpoena from Amgen seeking information on its cell culture media product. HyClone argues the requests are overbroad, vague, and seek trade secret information.
Full articleSummary: MetLife Inc. plans to cut expenses by 11% due to low interest rates squeezing investment income, leading to job cuts and cost reductions. The company is seeking to exit a variable-annuity business and separate a U.S. retail operation. This decision is influenced by market conditions, including the impact of Brexit and the projection of lower Treasury yields in the future.
Full articleSummary: Representative Victoria Spartz (R-Indiana) recently bought shares of Simon Property Group, Inc. NYSE: SPG in her Roth IRA account, with the latest earnings report showing a significantly higher EPS than expected. Analysts have mixed ratings on the stock, with some upgrades to 'buy' and price target increases. Hedge funds have been adjusting their positions in SPG recently, and there has been insider activity with a director purchasing shares.
Full articleSummary: Former Citigroup Managing Director Jennifer Barry joins Aaron Wealth Advisors as an investment advisor and managing director, focusing on developing business with fund and private equity managers.
Full articleSummary: 1. Capital One Financial raised Q1 2025 earnings estimates for ConocoPhillips from $1.77 to $1.97 per share. 2. Several other analysts have given positive or buy ratings to the stock, with price targets above the current value. 3. Institutional inflows have increased ownership of the stock, while insider buying activities have been noted.
Full articleSummary: Lockheed Martin awarded a $348.46M contract for air vehicle spares for the Joint Strike Fighter Program.
Full articleSummary: Prime Medicine Inc. and Bristol Myers Squibb Co. collaborate in a $3.61 billion research collaboration and license agreement to develop reagents for ex vivo T-cell therapies.
Full articleSummary: A shareholder filed a class action lawsuit against Terran Orbital Corporation (NYSE: LLAP) alleging that the company misled investors regarding its business operations.
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