Summary: General Dynamics European Land Systems showcased cutting-edge technology at the BSDA exhibition in Bucharest, including Israeli-made systems like the Trophy APS and Spike anti-tank guided missiles.
Full articleSummary: Microsoft releases a significant new version of its open-source DirectX Shader Compiler to prepare for 'HLSL 202x', improving HLSL to align with modern language features and aiming to enhance compile times. Clang-built Windows binaries are included for potential performance benefits.
Full articleSummary: Union Pacific railroad is conducting additional testing for toxic and hazardous chemicals in properties in the 29th and Grove area after a railyard spill 50 years ago. Property owners are being contacted for indoor air sampling.
Full articleSummary: The Canned Food Market is projected to reach USD 170.49 Billion by 2032, exhibiting a CAGR of 9.23% during the forecast period, driven by factors such as ease of use, extended shelf life, and adequate nutrition. Key players in the market include The Kraft Heinz Company, Bolton Group S.r.l., and Campbell Soup Company.
Full articleSummary: The Video As A Service (Vaas) market is expected to boom, with a projected CAGR of 17.2% from USD 4.28 billion in 2023 to USD 13.00 billion by 2032. The market is being mainly driven by increasing R&D spending globally.
Full articleSummary: Coca-Cola shares rose in premarket trade after reporting third quarter earnings and revenue that beat analysts' expectations.
Full articleSummary: FedEx (FDX) closed lower in the latest trading session, while the company is gearing up for its next earnings release on June 20, 2023. Analysts expect a decline in both earnings and revenue compared to the previous year. FedEx currently holds a Zacks Rank of #1 (Strong Buy) and is traded at a discount based on its Forward P/E ratio when compared with the industry average.
Full articleSummary: French trade associations signed a letter to Apple CEO Tim Cook urging not to release 'web eraser' feature, concerned about its impact on online-advertising business. The feature could allow Safari users to remove ads, text, and images from webpages, affecting online publishers and advertisers.
Full articleSummary: Apple's iPhone sales in China are rebounding as the company aggressively cuts prices to lure back consumers in a weak economy, with shipments surging 52% in April. The price-cuts are part of a strategy to defend market share against local brands like Huawei.
Full articleSummary: ZPE Systems unveils two new IT resilience products at Cisco Live to protect infrastructure and AI investments by leveraging innovative solutions.
Full articleSummary: ExxonMobil's aggressive posture towards climate activists criticized by Norway's sovereign wealth fund and others
Full articleSummary: Mylan NV's merger with Pfizer's off-patent branded drug unit, Upjohn, will close in the second half of this year due to delays caused by the coronavirus pandemic. The merger is part of Pfizer's effort to split into three parts - innovative medicines, off-patent drugs, and consumer healthcare.
Full articleSummary: Microsoft Office documents are being used as cyber weapons by threat actors to distribute malware and phishing attacks, utilizing techniques such as macros, Visual Basics for Applications (VBA), embedded links, and QR codes. Vulnerabilities like CVE-2017-11882 and CVE-2017-0199 are popular avenues for these attacks.
Full articleSummary: Microsoft has linked a North Korean hacking group Moonstone Sleet to FakePenny ransomware attacks demanding $6.6 million in BTC, primarily motivated by financial gain. The group targets various industry verticals using novel attack methods and custom infrastructure.
Full articleSummary: United Parcel Service (UPS) is in talks with several Indian state governments to potentially manufacture tracking tags in India, leveraging the semiconductor investments made by the government. UPS does not currently have manufacturing capability in India but is looking to expand its technology center in Chennai.
Full articleSummary: Pfizer shares fell after reports surfaced that the company expects to only ship half of the COVID-19 vaccines initially planned for this year due to supply-chain issues. Pfizer and BioNTech's vaccine candidate showed a 95% efficacy rate in November.
Full articleSummary: Alphabet Inc. (NASDAQ:GOOGL) shares rose 0.8% on Tuesday, with analyst ratings indicating strong positive sentiment towards the stock. The company also announced quarterly earnings results exceeding expectations and declared a quarterly dividend. Insiders have been actively selling shares, and institutional investors have been adding to their positions.
Full articleSummary: PayPal aims to create an advertising platform focusing on commerce, with a new business head leading the initiative.
Full articleSummary: Caterpillar Inc. has been given an average recommendation of "Hold" by eighteen brokerages, with one sell, ten hold, and seven buy recommendations. The average 1-year price objective among analysts is $323.35. Caterpillar reported quarterly earnings, surpassing estimates with a net margin of 16.79% and a return on equity of 58.61%. The company also announced a quarterly dividend of $1.30 per share, with insider activity and institutional trading reported.
Full articleSummary: The article discusses Chipotle Mexican Grill's overvaluation, pointing out its high P/E ratios, low earnings yields, and potential market anomaly. It also analyzes Chipotle's growth prospects, suggesting a slowdown in earnings growth due to improved return on assets and lower historical growth rates.
Full articleSummary: Lockheed Martin reported Q3 earnings that beat analyst expectations, with EPS of $5.14 and revenue of $14.32B. Shares lost 0.69% in pre-market trade. For the year, Lockheed Martin shares are down 18.69%.
Full articleSummary: Apple is preparing for WWDC 24 by promoting a new 'Get ready' list in its Developer app and updating content inside the app. The company has also solidified the WWDC 24 schedule and announced the Apple Design Award finalists.
Full articleSummary: Alphabet, the parent company of Google, is facing unprecedented competition in the search engine market from AI-powered tools like ChatGPT and Perplexity. This disruptive shift challenges Alphabet's traditional search model and highlights the importance of integrating generative AI into its search functionalities. The company's response involves enhancing its capabilities with features such as Google Bard, an AI-powered chatbot, to compete with these upstarts.
Full articleSummary: Intel's stock price gained 19.5% in October 2017 after beating third-quarter earnings expectations and providing strong fourth-quarter guidance. The company also completed a $15 billion acquisition of Mobileye to tap into the self-driving car market.
Full articleSummary: Booking.com and Agoda.com, subsidiaries of Booking Holdings, are under scrutiny for allegedly misleading consumers through deceptive advertising practices related to pricing transparency, scarcity tactics, and misleading discounts. The Consumentenbond, a Dutch consumers’ association, has reported Booking’s violations to the Authority for Consumers and Markets (ACM) in hopes of enforcing transparency and honesty in online booking practices.
Full articleSummary: US stocks finished mixed on Tuesday, Nasdaq reached a record high while Dow Jones tumbled. Nvidia surged but the broader market weakened due to spike in Treasury yields and hawkish comments from Fed officials.
Full articleSummary: Nike (NKE) stock closed with a small gain of +0.27% compared to the previous session, outperforming the S&P 500. The company is expected to report strong earnings growth of 30.3% and revenue increase of 0.71% compared to the year-ago period.
Full article