Summary: Colorful has launched its new EVOL G Series gaming laptops featuring 13th-gen Intel Core processors and Nvidia GeForce RTX 4060 graphics, with a futuristic design inspired by a space traveler character, including various advanced features and color options.
Full articleSummary: Sea Limited (NYSE: SE) is following a similar growth trajectory to Amazon (NASDAQ: AMZN) by expanding beyond e-commerce into sectors like gaming, financial services, and digital entertainment. Sea has shown impressive revenue growth and potential for further expansion in the long term.
Full articleSummary: A study shows improvements in overall relationships between OEMs and suppliers amidst tensions over cost-recovery issues related to materials and tooling, fueled by changing electric vehicle demand. The Working Relations Index measures the total commercial relationship based on trust, timely communication, mutual profit opportunity, and reduction in friction. Top takeaways include the need for more flexible contract terms, updated practices for EV transition, and the importance of OEM-supplier trust and communication.
Full articleSummary: Financial analysts have given new ratings to Federal Agricultural, Capital Bancorp, and American Express. Federal Agricultural receives a Buy rating with a target price of $212.00, Capital Bancorp is rated as Hold with a target price of $25.00, and American Express maintains a Buy rating with a price target of $265.00.
Full articleSummary: Numerous complaints from Microsoft Outlook users unable to reply to encrypted emails, company acknowledges issue in desktop email client but no fix yet, offers temporary workaround
Full articleSummary: Ford's CEO Jim Farley believes Ford cars, including the Mustang, need to be lighter due to safety regulations and technological advancements. The company plans to keep the V-8 engine despite stricter emissions standards and has vaguely ruled out making a Mustang EV. However, additional body styles like a four-door sedan with a gas engine are under consideration.
Full articleSummary: The news criticizes Apple's latest iPad marketing campaign, comparing it to a previous iconic ad from 1984. It raises concerns that the advertisement may further alienate consumers and emphasizes the importance of Apple demonstrating why the new product is genuinely innovative and beneficial.
Full articleSummary: Intel has introduced Thunderbolt Share, a software solution for fast PC-to-PC experiences enabling responsive screen-sharing and quick file transfers between Thunderbolt 4 or Thunderbolt 5 PCs, benefiting users of multiple PCs.
Full articleSummary: Tesla is making efforts to address issues with European leasing companies due to repeated retail price cuts affecting fleet values and slow service, including unofficial discounts and improvements in service and repair complaints.
Full articleSummary: Mining One and EcoHoist have executed a Memorandum of Understanding (MoU) to collaborate on the deployment of low-capex hoisting solutions for Mining One’s clients. The collaboration will combine the EcoHoist vertical material transport solution with Mining One’s technical expertise in underground mining. Mining One is a leader in the mining industry and is poised to become the first Accredited EcoHoist Consultant.
Full articleSummary: Barbara Furlow-Smiles, an ex-diversity programme manager for Facebook and Nike, has been sentenced to five years in prison for stealing over $5m from her employers by setting up fake business deals, invoices, and events to fund a luxury lifestyle.
Full articleSummary: Northrop Grumman Corporation partners with NVIDIA to accelerate the development of advanced systems by accessing NVIDIA AI software through an agreement facilitated by Future Tech Enterprise.
Full articleSummary: Cisco Systems (CSCO) has been underperforming the market due to diminishing profits and a reduced full-year outlook after Q2 earnings report. However, the stock rose after posting a smaller-than-expected decline in Q3 revenue, driven by the acquisition of cybersecurity company Splunk.
Full articleSummary: Nike revolutionized the fitness, wellbeing and mindfulness space with the launch of its Nike Well Festival in Dubai's desert, focusing on fostering connection and inclusion beyond its identity as a sports brand. The event showcased Nike's commitment to expertise across body, mind, and life through its community of trainers and coaches. Nike Membership offers exclusive products, community events, workouts, and workshops for users through the Nike ME app.
Full articleSummary: Coca-Cola HBC AG shares reached a new 52-week high, analysts set new price targets, company increases dividend.
Full articleSummary: Nike launched Nike Well Festival in Dubai's desert, showcasing commitment to holistic health and community engagement through Nike Well Collective. The brand introduced Nike Membership for exclusive access to products, events, and sessions promoting diverse health journeys.
Full articleSummary: The Dow Jones Average has soared nearly 30% since President Biden took office in 2021, attributed to fiat money rather than genuine economic growth. Some experts express concerns over inflation, while advocates of sound money push for remonetizing gold and silver. The value of the Dow in gold has decreased by nearly 1% amidst the rising stock market.
Full articleSummary: Asian stocks advanced on rising expectations for Fed rate cuts and China's stimulus measures, gold prices reached record high, oil prices saw modest gains due to political uncertainty. U.S. stocks fluctuated but ended mostly higher on hopes of a September rate cut from the Federal Reserve.
Full articleSummary: Apple has launched a limited time promotion offering boosted trade-in values for new iPhone purchases. The trade-in values have increased by approximately $10-$30, applicable for any new iPhone purchase not just the iPhone 15 range.
Full articleSummary: Asian stocks advanced on rising expectations for Fed rate cuts in 2024 and China's stimulus measures to support the property market. Gold prices reached a record high, while oil prices saw modest gains due to political uncertainty. Various stock indices such as Nikkei, Kospi, ASX 200, and S&P NZX-50 closed higher. Star Entertainment shares surged 20% after receiving takeover interests.
Full articleSummary: The Home Depot, Inc. has increased the maximum aggregate principal amount available under the Company's Commercial Paper Program (the CP Program) to $19.5 billion from $5.0 billion. This increase will support the anticipated financing of the Company's pending acquisition of SRS Distribution Inc. Morningstar DBRS confirmed Home Depot's credit ratings and noted that the credit facility continues to meet their requirements.
Full articleSummary: Ford CEO, Jim Farley, confirms the company is considering broadening the Ford Mustang nameplate with a potential four-door sports sedan and performance-focused versions of the coupe and convertible. The brand will not introduce an all-electric Mustang but will adopt hybrid power in the near future.
Full articleSummary: Microsoft is starting to offer AMD's AI chips in its Azure cloud computing service as an alternative to NVIDIA's GPUs due to supply issues and high costs. AMD expects $4 billion in revenue from these chips this year. Microsoft is also unveiling its own Cobalt 100 processors for improved performance.
Full articleSummary: Evidence reveals a connection between NVIDIA and Russian drone manufacturer 'Albatros', showing collaboration since at least 2016 despite sanctions against Russia and 'Albatros'.
Full articleSummary: US officials are warning big tech companies about potential vulnerabilities in undersea cables due to Chinese repair ships operated by SBSS, raising security concerns. The concern revolves around the possibility of data tapping, mapping of the ocean floor for reconnaissance, theft of intellectual property, and potential cable laying for the Chinese military.
Full articleSummary: The recent deaths of two young Bank of America employees have refocused attention on the health of young people in financial services, raising questions about the potential health risks and stress associated with banking jobs. Tragedies like these occur in a population of nearly 50,000 people in the industry, with suspicions that stress and long hours may exacerbate health issues. Separately, Revolut is reported to be lining up Morgan Stanley bankers for a $500m secondary share sale, potentially allowing some employee-shareholders to cash out.
Full articleSummary: Philip Morris (NYSE:PM) is considered a must-have high-yielding stock due to its qualified dividend distribution and cash flow heavy business. Despite facing challenges from negative sentiments around smoking, PM remains profitable with low operating costs and high profit margins. The company's shift towards smokeless categories like IQOS and VEEV products is seen as a positive step to capitalize on the growing smoke-free market.
Full article