Summary: BI Asset Management Fondsmaeglerselskab A S significantly reduced its stake in United Parcel Service, Inc. during the 4th quarter. Several other hedge funds and institutional investors also made changes in their positions. Analysts have set new price targets for UPS, with various ratings and price adjustments leading to a mixed outlook on the stock.
Full articleSummary: IBM unveiled a new MSP program at IBM Think 2024 aimed at providing MSP-ready offerings to partners, emphasizing the importance of MSPs in driving AI adoption and highlighting investments to help partners achieve IBM Gold tier status.
Full articleSummary: Glass Lewis recommends that Hess shareholders vote FOR the proposed merger with Chevron due to its strategic and financial merits. Hess CEO John Hess believes that the all-stock Chevron transaction is the best value option for shareholders.
Full articleSummary: Alloy Therapeutics announced a licensing agreement with Eli Lilly and Company for its murine platforms for fully human antibody discovery, allowing Lilly access to ATX-Gx and ATX-CLC mouse platforms. Alloy has rapidly expanded its murine platforms, aiming to enable therapeutic discovery programs with over 170 partners.
Full articleSummary: Eli Lilly and Company announced positive results from its Phase 3 VIVID-1 study with mirikizumab for the treatment of Crohn's disease, showcasing statistically significant and clinically meaningful improvements across various endpoints. Mirikizumab showed high rates of clinical remission and endoscopic response in patients, with superior outcomes compared to placebo and ustekinumab at Week 52.
Full articleSummary: The 2024 Workplace Benefits Report by Bank of America reveals the widening gender gap in financial wellness and increased concerns over cost-of-living increments among American workers. The report also highlights initiatives taken by employees to enhance financial wellness and the importance of pay equity and retirement savings prioritization.
Full articleSummary: Tesla is delivering 50 more Semi-trucks to PepsiCo, expanding the latter's fleet to 86 vehicles. The Tesla Semi is still in pilot production at Tesla’s gigafactory in Nevada, with plans for a high-volume Semi factory at Giga Nevada by late 2025.
Full articleSummary: Alphabet's Google has preemptively paid damages to the U.S. government to avoid a jury trial in the Justice Department's antitrust lawsuit over its digital advertising business. Google disclosed the payment in a court filing without specifying the amount. The Justice Department has not confirmed acceptance of the payment.
Full articleSummary: Two analysts expressed bullish sentiments on IHS Holding and Alphabet Class A in the Communication Services sector. IHS Holding was rated as a Strong Buy with a price target of $7.84, while Alphabet Class A was also given a Strong Buy rating with a price target of $196.42.
Full articleSummary: IBM has announced new updates to its AI and data platform watsonx, open-sourced IBM Granite language and code models, strengthened collaborations with various companies, launched InstructLab with Red Hat to simplify AI deployment, introduced new Watsonx assistants, expanded Nvidia GPU offerings, and introduced AI-powered automation.
Full articleSummary: Citi analyst Christopher Danely gave a positive outlook on the semiconductor space, highlighting the dominance of artificial intelligence and a potential recovery in the analog sector, with Texas Instruments playing a key role.
Full articleSummary: Supporters of SSFC can now use PayPal to purchase season tickets and match tickets over 3 months with no added interest. Longer credit options up to 12 months are also available subject to credit check. PayPal has become a popular payment method among supporters.
Full articleSummary: Google is offering discounts and incentives to government agencies and corporate customers to switch from Microsoft Office to Google Workspace due to Microsoft's recent security lapses.
Full articleSummary: CCL is offering a pre-built Horizon Thunder PC with AMD Ryzen 5 5600X and Nvidia RTX 4070 Super for £1120, providing solid performance and value for 1440p gaming and content creation.
Full articleSummary: Meta approved 14 highly inflammatory ads targeting Indian audiences that contained disinformation, incited violence, and spread conspiracy theories related to political landscape of India with AI-generated images. The ads also violated Meta's policies on hate speech and misinformation. This has subjected Meta's advertising policies to intense scrutiny once again.
Full articleSummary: Former UK Prime Minister Boris Johnson praised Tesla's Full Self-Driving technology after a test drive in Los Angeles, expressing belief in the future of driverless cars.
Full articleSummary: Starbucks has launched its Summer Game with a 'Dream Days' theme, offering over 7.5 million prizes including a grand trip for two to its coffee farm in Costa Rica and various instant win rewards and sweepstakes prizes.
Full articleSummary: Barclays maintained a Hold rating on Amgen with a price target of $300.00, while BMO Capital maintained a Buy rating. Amgen reported a quarterly revenue increase and a net loss compared to the last year.
Full articleSummary: Die Analyse des Sentiments und des Buzz um die Aktie von Royale Energy ergab interessante Ausprägungen. Technisch betrachtet wird die Aktie mit einer 'Neutral'-Einstufung bewertet. In Bezug auf den gleitenden Durchschnittskurs und die Distanz zum GD200 erhält sie hingegen eine Gesamtnote von 'Gut'. Die Anleger-Stimmung in den Diskussionsforen und sozialen Medien ist neutral, während die Dividendenrendite mit 0 Prozent als 'Schlecht' bewertet wird.
Full articleSummary: Microsoft unveils new Arm-based Surface Laptop, which is available for preorder starting at $999.99. It features Qualcomm's Snapdragon chips instead of Intel's Core Ultra, aiming to compete with Apple's MacBook laptops.
Full articleSummary: IBM has showcased its new generative AI-driven Concert offering at the annual Think conference, which will help enterprises monitor and manage their applications.
Full articleSummary: Tesla is delivering 50 more Semi-trucks to PepsiCo, expanding its fleet to 86, with plans to build more trucks this year including for its own operations and other customers.
Full articleSummary: Aktis Oncology is collaborating with Eli Lilly to develop cancer therapies, eligible for milestone payments of up to $1.1 billion and royalties on sales.
Full articleSummary: Gables Capital Management Inc. decreased its holdings in Alphabet Inc. during the 4th quarter, with other institutional investors also modifying their positions. Alphabet announced a dividend and insider transactions were reported. Analysts set new price targets for the stock.
Full articleSummary: Core Wealth Partners LLC increased its holdings in Alphabet Inc. by 2.9% in the 4th quarter, with the company owning 8,800 shares worth $1,229,000. Several other institutional investors also made changes to their positions. Alphabet recently announced a quarterly dividend of $0.20 per share. Insider transactions include CEO Sundar Pichai selling 22,500 shares and Director John L. Hennessy selling 300 shares.
Full articleSummary: The SEC is considering approving a spot Ethereum ETF, with analysts increasing approval odds to 75%, leading to a scramble among applicants like BlackRock and Grayscale. Recent developments and revised filings suggest a potential breakthrough in the approval process.
Full articleSummary: U.S. index futures were muted due to caution ahead of Nvidia's earnings and uncertainty about rate cuts by Federal Reserve officials. Technology stocks led by Nvidia, awaited earnings likely to have a significant market impact.
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