Summary: Microsoft Build 2024 is scheduled to take place with the theme focusing on Artificial Intelligence, where new AI technologies for consumers, enterprises, and developers will be showcased. The event will include announcements on various Microsoft products and services, with a keynote by CEO Satya Nadella. Expectations include new AI PCs powered by Snapdragon processors and potential announcements related to Windows 11 and possibly Windows 12, including new ARM-based Windows PCs and Surface laptops.
Full articleSummary: Mastercard and Salesforce announced a new integration to enhance the transaction dispute process, aiming to provide consumers with a safer and more efficient shopping experience by streamlining dispute resolution and reducing costs.
Full articleSummary: Oracle Corporation (ORCL) reported third-quarter fiscal 2018 results with earnings beating estimates but revenues just falling short. The company's top-line growth was driven by cloud-based momentum, with total cloud revenues showing significant growth. Despite the positive results, shares declined due to a soft cloud outlook for the coming quarter.
Full articleSummary: Seaport Res Ptn reduced their Q2 2024 earnings estimates for Capital One Financial, other analysts have mixed ratings for the stock, Capital One Financial announced a quarterly dividend and insider activity with shares sold by insiders.
Full articleSummary: The IBM CEO study indicates a shift in mindset towards AI as a base for innovation and growth, with GenAI expected to bring substantial productivity gains worth US$113.4 billion. IBM emphasizes the importance of partnerships with IT service providers and local businesses to drive growth and enhance technological offerings. Local IT partners play a crucial role in expanding IBM's reach and deepening expertise across diverse industries.
Full articleSummary: Apple is planning to announce generative AI features at WWDC 2024, including on-device LLMs and improvements to Siri. OpenAI has reportedly partnered with Apple for its chatbot technology in iOS 18.
Full articleSummary: Warren Buffett expects to keep adding to Apple as Berkshire's largest holding, while stockpile of cash in short-term U.S. Treasuries grows. Buffet opts for safety and liquidity, and is waiting for low-risk high return opportunities.
Full articleSummary: Nike Sportswear unveils a new release for the fall season, the Dunk Low in "Sesame/Ironstone" colorway, promising stylish design and unique color combination.
Full articleSummary: China imposes sanctions on Boeing and two other U.S. defense companies on the day of Taiwan's presidential inauguration.
Full articleSummary: Apple and OpenAI planning major announcement at Apple's WWDC, focusing on AI features and cloud services.
Full articleSummary: Apple (AAPL) is facing challenges in innovation, revenue growth, and market performance due to lackluster demand for its products, particularly in China, and a lack of focus in artificial intelligence (AI). The company's stock has seen negative returns this year and further losses may be on the horizon.
Full articleSummary: The global canned foods market is predicted to reach USD 25.6 Billion by 2033, driven by changes in lifestyles, improved distribution networks, and rising demand for ready-to-eat food items. Major distribution channels are supermarkets/hypermarkets and online retail channels. Key players such as Campbell Soup Company, Del Monte Foods, and Nestlé are implementing innovative tactics to retain consumers and penetrate new markets.
Full articleSummary: Honeywell partners with Enel North America to provide building automation and demand response solutions for commercial and industrial organizations, aiming to stabilize the power grid and prevent blackouts.
Full articleSummary: China announced sanctions against Boeing and other defence companies for arms sales to Taiwan, amidst Taiwan's presidential inauguration. This resulted in forbidding further investment in China and imposing travel bans on senior management for the companies. Taiwan has faced military harassment from China's PLA with increasing frequency.
Full articleSummary: Hedge-fund investor Boaz Weinstein is challenging index fund giant BlackRock.
Full articleSummary: China's Ministry of Commerce announced sanctions against Boeing and two other defense companies for arms sales to Taiwan. This move is in response to Taiwan's presidential inauguration and is part of Beijing's ongoing sanctions against defense companies dealing with Taiwan.
Full articleSummary: IBM is set to introduce IBM watsonx Code Assistant for Enterprise Java Applications at Think 2024 conference, which aims to help organizations simplify and accelerate their Java application lifecycle through automation and generative AI-powered capabilities. The product is designed to enhance developer productivity, improve code quality, and streamline the Java application lifecycle.
Full articleSummary: Central clearing of reverse repos by US money market funds (MMFs) has reached over $517.3 billion, indicating a significant increase of 16.8% since the beginning of the year and a growing momentum ahead of mandatory clearing of US Treasury transactions scheduled for two years.
Full articleSummary: The Home Depot reported first-quarter financials that show the retail home improvement industry remained stalled into 2024.
Full articleSummary: Intuit (INTU) reported strong revenue and EPS growth for the quarter ended July 2023, surpassing Wall Street estimates. The company showed positive year-over-year changes in various key metrics across its different segments.
Full articleSummary: Tesla is offering incentives to Chinese customers for purchasing vehicles, including free supercharging entitlement and 0 down payment programs. The company is also expanding its market reach in China despite a decline in vehicle sales.
Full articleSummary: China's Ministry of Commerce sanctions Boeing, General Atomics Aeronautical Systems, and General Dynamics Land Systems for arms sales to Taiwan ahead of Taiwan's presidential inauguration.
Full articleSummary: China's Ministry of Commerce imposes sanctions on three US companies, including General Atomics Aeronautical Systems, General Dynamics Land Systems, and Boeing Defense, Space & Security, prohibiting new investments in China and restricting executives' entry into the country. The move is a response to the US hiking tariffs on Chinese products like EV batteries, computer chips, and medical products.
Full articleSummary: The GPU market is flooded with mid-range options with Nvidia's RTX 4060 and AMD's RX 7600 standing out as key models in the $250-$300 price range. The RTX 4060 offers better gaming performance, especially in ray tracing, while the RX 7600 excels in certain non-gaming workloads. Both GPUs struggle with reaching 60 fps at 1440p and are not ideal for native 4K gaming.
Full articleSummary: China's Ministry of Commerce announced sanctions against Boeing and two other defense companies for arms sales to Taiwan, on the day of Taiwan's presidential inauguration.
Full articleSummary: China's Ministry of Commerce sanctions Boeing and two defense companies for arms sales to Taiwan, on Taiwan's presidential inauguration day. Sanctions include travel bans and barring further investment, impacting companies' operations and relations with China.
Full articleSummary: Disney is making major changes to its Disability Access Service program in its theme parks due to overuse, with new policies focused on individuals with developmental disabilities. The company is also working with a third party to ensure proper qualification for the program and plans to take strict action against those who abuse the system.
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