Summary: Analyst Ming-Hsun Lee from Bank of America Securities maintained a Hold rating on Nio with a price target of $5.00. J.P. Morgan also downgraded the stock to a Hold with a $4.70 price target.
Full articleSummary: Wells Fargo lowers price target on Advanced Energy (AEIS) but maintains Equal Weight rating due to modestly lower 2025 estimates despite strong Q4 performance.
Full articleSummary: Boeing-backed e-fuel developer joins Swedish green hydrogen to e-SAF project with enough production capacity for 100 million litres per year
Full articleSummary: Japan has ordered 17 Boeing CH-47JA Block II Chinooks to modernize its fleet in partnership with Kawasaki Heavy Industries. The new aircraft will provide critical capability improvements and modern features for the Japan Self-Defense Forces, making Japan the fourth global customer for this advanced configuration.
Full articleSummary: CVS Health beats profit expectations on Wall Street despite rising costs in its insurance division.
Full articleSummary: SAP SE announces SAP Business Data Cloud, a solution that unifies all SAP and third-party data throughout an organization to foster reliable AI and impactful decisions. The collaboration between SAP and Databricks marks a new era in enterprise data management.
Full articleSummary: United Parcel Service (UPS) reached an agreement to reduce handling volume for Amazon by more than 50% by mid-2026, causing anxiety among investors.
Full articleSummary: US stocks rose after President Trump announced plans for reciprocal tariffs and as investors processed reports of increasing inflation. Earnings season is looking solid with many companies beating expectations, but Reddit's stock fell due to a miss in user growth.
Full articleSummary: The Bank of New York Mellon Corporation will speak at the RBC Capital Markets Global Financial Institutions Conference in New York on March 4, 2025, with a live webcast available on their website. The discussion may include forward-looking statements.
Full articleSummary: CVS Health Corp reported upbeat earnings for its fourth quarter, beating revenue consensus and exceeding adjusted EPS expectations. The company provided a positive outlook for fiscal year 2025.
Full articleSummary: Sri Lanka and Oracle discussed potential partnership for establishing a sovereign Oracle Cloud region and Digital Transformation Hub in Colombo Port City to enhance digital transformation, fintech adoption, and cloud infrastructure.
Full articleSummary: Google Maps has blocked reviews for the Gulf of Mexico, after criticism of renaming it 'Gulf of America' following an order from President Trump. The company has disabled new reviews and removed some negative ones.
Full articleSummary: The quantum computing industry is transitioning from research to commercial applications with the potential to generate $1 trillion in economic value by 2035. IonQ and Alphabet are two key players in this sector, each pursuing unique strategies with IonQ focusing on trapped-ion technology and Alphabet showcasing significant progress in error correction with its Willow processor.
Full articleSummary: SFE Investment Counsel trimmed its stake in Bristol-Myers Squibb by 10.2% in the fourth quarter. Several equities analysts have provided ratings and price targets for Bristol-Myers Squibb. The company recently increased its quarterly dividend.
Full articleSummary: Amgen and Ideaya Biosciences are winding down their cancer combination study involving PRMT5 inhibitor AMG 193 and MAT2A inhibitor IDE397. Ideaya will continue to explore MAT2A-PRMT5 combinations with its in-house PRMT5 inhibitor, IDE892, focusing on non-small cell lung cancer.
Full articleSummary: Amgen and Ideaya Biosciences are winding down their cancer combination study involving their PRMT5 inhibitors, leading to the termination of their collaboration. Meanwhile, Ideaya plans to focus on testing its PRMT5 inhibitor, IDE892, with MAT2A inhibitor IDE397 in non-small cell lung cancer patients.
Full articleSummary: Oracle Power PLC announces recommencement of drilling operations at the Northern Zone Intrusive Hosted Gold Project in Western Australia to expand high-grade gold intercepts, showing commitment to advancing its project portfolio amid favorable Australian dollar gold prices.
Full articleSummary: Tesla's stock price has fallen by 30% from its all-time high in December, with Musk's net worth dropping by $106 billion due to the decline in shares. The selloff is attributed to concerns about Tesla's ability to dominate self-driving technology, as well as mixed opinions on Musk's government involvement.
Full articleSummary: PayPal's stock fell over 13% despite beating revenue and EPS expectations in Q4 2024. Concerns arose over lower-than-anticipated growth in branded checkout and unbranded payment processing. Market seems to prioritize growth over profitability strategy, leading to short-term downside.
Full articleSummary: Apple is rumored to be preparing for new product launches in early 2025, such as the iPhone SE 4, M4 MacBook Air, new iPad Air, and 10.9-inch iPad, with speculations of separate announcements rather than a single event.
Full articleSummary: NVIDIA announced the adoption of its cybersecurity AI platform to enhance real-time threat detection and safeguard critical infrastructure protection, with industry partners integrating the platform to protect against cyber threats.
Full articleSummary: CVS Health Corp. (NYSE:CVS) surged by 14.95 percent on Wednesday after announcing an optimistic outlook for its performance in 2025 despite mixed earnings results in the last quarter of 2024.
Full articleSummary: Chevron is planning to cut 15 to 20 percent of its workforce to save money and reorganize for the long term. The job cuts will start in 2025 and are expected to reduce headcount by thousands.
Full articleSummary: FCC's Brendan Carr is investigating Comcast's civil rights initiatives, potentially due to political lobbying leverage and Trump's influence.
Full articleSummary: Intuit's Return on Capital Employed (ROCE) trend has been declining, but the company has shown growth in revenue and capital employed, indicating potential for future returns. Stock has climbed 95% over the last five years, reflecting investor optimism.
Full articleSummary: Microsoft Project for Windows (lifetime license) is on sale for $20 through Feb. 23 (reg. $249.99). It offers features to organize projects, visualize workload, prioritize tasks, track progress, and collaborate seamlessly.
Full articleSummary: Analysts from Wells Fargo and Bank of America Securities reiterated a Hold and Buy rating, respectively, on Floor & Decor Holdings with a price target of $105.00. FND shares closed at $95.93.
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