Summary: Rumors suggest that the NVIDIA RTX 5090 will feature a slimmer design with a more complex cooler than the RTX 4090. The upcoming flagship GPU may occupy only two slots compared to the bulkier 3 to 4 slots of the RTX 4090. The RTX 5090 is expected to use a 512-bit memory bus and potentially have 32GB or 24GB of memory.
Full articleSummary: Google has secured a significant office space in Bengaluru as part of its expansion strategy in India, leasing 649,000 square feet at Alembic City in Whitefield at a monthly rental of Rs 62 per sq ft. The company's office space portfolio in India has grown by 3.5 million square feet since 2020, with a total real estate footprint of 9.3 million square feet across five Indian cities.
Full articleSummary: General Dynamics Co. (NYSE:GD) stock price was up 1% during mid-day trading on Monday. Analysts have been upgrading the stock with an average rating of 'Moderate Buy' and a consensus target price of $300.63. The company recently increased its quarterly dividend and insiders have been actively trading shares.
Full articleSummary: Texas Instruments shows a decreasing trend in returns on capital employed and sales, despite a historical ROCE of 21% which is higher than the industry average of 9.7%. The stock has gained 110% over the last five years, indicating investor optimism, but the fundamentals are concerning.
Full articleSummary: Bristol-Myers Squibb (NYSE:BMY) traded down 0.7% on Monday, with several analysts updating their ratings for the company. The stock currently has a consensus rating of 'Hold' and a consensus target price of $60.00. Additionally, the company announced a quarterly dividend and reported earnings results exceeding expectations.
Full articleSummary: Pfizer's stock price was up 0.7% on Monday, analysts set new price targets with mixed reviews, stock down by 2.0%, reported positive earnings results, issued a quarterly dividend, and institutional investors modified their holdings.
Full articleSummary: Extreme heat decreases labor productivity in sectors like construction, impacting future capital stock and annual consumption. Construction is predicted to experience significant losses due to heat stress, affecting overall economic outcomes in the U.S. long-term. The reduction in construction productivity could slow down capital accumulation for future use.
Full articleSummary: Microsoft attributes cyber attacks to a new North Korean threat actor named Moonstone Sleet, which targets various sectors with ransomware and bespoke malware similar to the Lazarus Group. The group utilizes fake companies, job opportunities, and malicious games to engage with potential targets.
Full articleSummary: BlackRock's iShares Bitcoin Trust surpasses Grayscale Bitcoin Trust in total holdings, becoming the world's largest fund for Bitcoin. Grayscale plans to launch a new ETF with reduced fees to counter its outflows and losses. The overall Bitcoin fund assets amount to $58.5 billion, with BlackRock's IBIT holding $19.68 billion.
Full articleSummary: Booking Holdings Inc.'s CEO Glenn Fogel earned a total remuneration of US$47m in 2023, which is 175% above the industry average. The company's EPS grew by 102% over the past three years and the total shareholder return was 63%. Shareholders are expected to focus more on the growth momentum of the company rather than CEO compensation during the upcoming AGM on 4th of June.
Full articleSummary: BlackRock announced the launch of a new fund, BlackRock Global Smaller Companies, managed by Dan Whitestone and Matthew Betts, focusing on small-cap companies globally with high-alpha opportunities. The managers believe small-cap stocks are currently undervalued and can offer long-term returns, especially in inefficient markets like the UK.
Full articleSummary: McDonald's Corporation is about to go ex-dividend in 4 days, with a dividend payment of US$1.67 per share on 17th June. The company has been steadily growing its earnings per share by 9.4% on average over the last five years and increasing its dividend by 8.0% a year on average in the last 10 years. Despite paying out a majority of its earnings as dividends, the payments seem sustainable for now.
Full articleSummary: American major United Parcel Service (UPS) is planning to manufacture tags used for tracking packages in India, with reports stating the company is in touch with state governments for local production plans in the country's friendly chip investment environment. India aims to become a key player in the global semiconductor supply chain with significant incentives provided for local chip manufacturing.
Full articleSummary: Medtronic plc (NYSE:MDT) will be increasing its dividend to $0.70, a 1.4% increase from last year, resulting in a dividend yield of 3.4% which is above the industry average. Despite the yield being attractive, the company's earnings comfortably cover the distributions, and with a forecasted rise in earnings per share by 66.6% over the next year, the dividend payout ratio is expected to be manageable. Medtronic has a solid track record of stable dividend payments but its earnings per share have been declining over the past five years, indicating limited growth prospects.
Full articleSummary: UPS plans to manufacture tracking tags in India and is in talks with state governments for local production. India aims to become a key player in the global semiconductor supply chain with significant incentives provided for chip manufacturing.
Full articleSummary: Lockheed Martin Corporation is about to trade ex-dividend with the upcoming dividend payment of US$3.15 per share, providing a trailing yield of 2.7% on the current share price. The company's earnings per share have been growing moderately, and it pays out less than half of its earnings and cash flow as dividends, indicating potential for growth.
Full articleSummary: Eli Lilly, a pharmaceutical company, is showing significant growth potential, particularly in the weight loss drug market, which could propel its market value past $1 trillion. Analysts have forecasted strong earnings-per-share growth for the company over the next five years. With innovative products and a broad treatment portfolio, Eli Lilly is positioned for substantial future growth.
Full articleSummary: Federal Reserve officials are hinting at the possibility of raising interest rates if inflation persists. Neel Kashkari stated that rate increases are not completely off the table.
Full articleSummary: Woot is offering a significant discount on Google Pixel 7 Pro models with prices starting at $399.99 for the 128GB version and $439.99 for the 256GB version until June 1. These prices are lower than those seen on Black Friday and Christmas sales.
Full articleSummary: Lowe's Companies, Inc. traded down 1% during trading on Monday. Wall Street analysts forecast growth and the company's stock was upgraded by various analysts. Quarterly earnings data exceeded analysts' expectations.
Full articleSummary: Starbucks' stock price was up 0.7% as analysts forecast growth and the 50-day moving average is at $83.56. The company recently reported quarterly earnings missing estimates.
Full articleSummary: Eli Lilly and Company announced a $6.5 million donation to UNICEF to expand efforts in improving health outcomes for children and youth at risk of noncommunicable diseases in resource-limited areas in India. This aligns with UNICEF's goal to strengthen health systems and integrate NCD prevention into existing healthcare programs.
Full articleSummary: The Aplastic Anemia Market is projected to reach USD xx.x billion by 2031, with a CAGR growth rate from 2024 to 2031. The market analysis includes insights into competition, geographical research, recent developments, and factors impacting growth.
Full articleSummary: Prothena Corporation plc (NASDAQ:PRTA) has entered into a licensing agreement with Bristol Myers Squibb for an investigational drug, PRX019, for neurodegenerative diseases. Prothena will receive an $80 million upfront payment and could get up to $617.5 million in milestone payments, along with royalties on net sales. The FDA has cleared the IND application for PRX019, and Prothena plans to start a Phase 1 clinical trial by the end of 2024, aiming to address diseases caused by protein dysregulation.
Full articleSummary: Over 90 malicious Android apps, including two Anatsa dropper apps, were found on Google Play, amassing 5.5 million installations in total. Anatsa, a banking trojan, targets over 650 financial apps to steal e-banking credentials and perform fraudulent transactions. The trojan uses a multi-stage payload loading mechanism to evade detection and has been reported to return to the official app store after 150,000 infections last year.
Full articleSummary: Alphabet Inc.'s stock price was up 0.7% during mid-day trading on Monday. The company reported $1.89 EPS for the quarter, beating analysts' consensus estimates. The firm also announced a dividend, to be paid on June 17th.
Full articleSummary: The global market for weight-loss drugs is expected to reach $150 billion by the early 2030s, a significant increase from the previous forecast of $100 billion due to the rising sales of weight-loss medications from Novo Nordisk and Eli Lilly. Industry experts have revised their sales forecasts as the availability of these drugs, increasing demand, and new competitors impact the market.
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