Summary: Oklahoma Public Employees Retirement System extended investment contracts with BlackRock Inc. despite the state’s anti-ESG law targeting the company, which has affected BlackRock's business with public pension clients.
Full articleSummary: JPMorgan Chase & Co. reissued an 'overweight' rating for Flutter Entertainment with a price target of £213 ($267.52), indicating a potential upside of 28.35% from the company's previous close. Other analysts have also raised their target prices for Flutter Entertainment, with two analysts rated the stock as 'hold' and four as 'buy'. Insider transactions have been reported with one insider selling shares.
Full articleSummary: Charles Schwab Investment Management Inc. increased its stake in GATX Co. during the fourth quarter and now holds 447,361 shares worth $53,782,000. GATX announced an increase in trading by 0.5%, and a dividend of $0.58 per share to be paid out on June 30th.
Full articleSummary: Charles Schwab Investment Management Inc. increased its holdings in RLI Corp. during the fourth quarter, with other institutional investors also modifying their holdings. RLI also announced an increase in its dividend. Wall Street analysts forecast growth for RLI.
Full articleSummary: Nike is releasing a new edition of their Shox TL line in Fall 2024, featuring a sleek design with vibrant colors and improved performance technology.
Full articleSummary: Charles Schwab Investment Management Inc. increased its holdings in AXIS Capital Holdings Limited by 3.4% in the 4th quarter, with total holdings worth $53,924,000. Multiple hedge funds have also added to their stakes in the company. Director W Marston Becker recently purchased 3,025 shares of AXIS Capital stock. Wall Street analysts forecast growth with buy ratings and raised price targets for AXS.
Full articleSummary: CERT-In issues critical security warning for multiple vulnerabilities in Microsoft products, potential attacks could lead to data breaches and financial loss. Users advised to keep software updated, use strong passwords, install antivirus, and be cautious of links and phishing emails.
Full articleSummary: OpenAI introduced a new chatbot model GPT-4o that offers natural interaction with humans using different modes, while Google presented their own AI advancements at the I/O conference including a multimodal chatbot named Project Astra.
Full articleSummary: Microsoft plans to offer its cloud computing customers a platform of AMD artificial intelligence chips to compete with Nvidia components. They will also launch a preview of new Cobalt 100 custom processors at an upcoming conference.
Full articleSummary: Disneyland's Star Wars: Galaxy’s Edge, opened five years ago, aimed to immerse guests in the world of Star Wars by creating a new place for visitors to create their own Star Wars story. However, the idea of living a Star Wars adventure did not resonate with guests over time. The subsequent project, Star Wars: Galactic Starcruiser, which aimed for even higher levels of immersion, failed and closed within two years due to its high costs and the limited appeal of living a Star Wars story for many guests.
Full articleSummary: Oklahoma Public Employees Retirement System extends investment contracts with BlackRock Inc. after a judge paused the state's anti-ESG law, affecting the management of $7.3 billion of investments. BlackRock was on a list of boycotted firms due to the Energy Discrimination Elimination Act.
Full articleSummary: John Deere plans to expand operations in Kernersville, North Carolina by constructing a new manufacturing facility for small excavators, expected to create 150 jobs. The $70 million project is scheduled to begin in late 2024.
Full articleSummary: AGF Management Ltd. acquired a new stake in PayPal Holdings, Inc. in the 4th quarter, several other hedge funds and institutional investors also added to their stakes in PYPL. Furthermore, insider activity at PayPal showed a senior vice president selling shares. Analyst ratings changes indicate a mix of neutral and hold ratings for the company.
Full articleSummary: Recent updates impacting Nvidia discussed in the video focus on the company not being included in The Motley Fool Stock Advisor's list of the 10 best stocks for investors to buy now. The article highlights the potential long-term returns of other stocks mentioned on the list compared to Nvidia's performance.
Full articleSummary: NextEra Energy Partners (NEP) is outperforming its Oils-Energy sector in year-to-date returns, with a Zacks Rank of #2 (Buy) and a strong earnings outlook. SM Energy (SM) is another stock in the sector that has returned 25.1% year-to-date with a Zacks Rank #1 (Strong Buy).
Full articleSummary: British regulators will not open a competition investigation into Microsoft's partnership with French AI company Mistral based on feedback received, as it does not qualify for investigation under UK merger rules.
Full articleSummary: Nike is offering a Memorial Day sale with discounts on select apparel and shoes. Nike rewards members can use the code SUMMER25 to get an extra 25% off select sale styles and free shipping on orders over $50.
Full articleSummary: Eli Lilly (LLY) stock has returned +3.4% in the past month, underperforming Zacks Large Cap Pharmaceuticals industry and Zacks S&P 500 composite. The company is expected to post positive earnings for the current and next fiscal years.
Full articleSummary: Dell is offering a PNY GeForce RTX 4080 SUPER 16GB Verto OC video card for $949.99, a $50 discount from its original launch price of $999.99, making it the most powerful GPU under $1K.
Full articleSummary: Q2 Metals Corp. announces positive results from re-assaying core samples from the Cisco Lithium Property drill program of 2023, with more accurate outcomes than previously announced. The company plans to commence a detailed mapping and sampling program, as well as an inaugural drill campaign at the Cisco Property.
Full articleSummary: Oklahoma Public Employees Retirement System approved the extension of investment contracts with BlackRock Inc. despite the state's anti-ESG law issue.
Full articleSummary: Palo Alto Networks and IBM have announced a comprehensive partnership to deliver AI-powered security solutions for their clients. The partnership includes IBM becoming a preferred Managed Security Services Provider for Palo Alto Networks customers, creation of a joint Security Operations Center and Cyber Range, and Palo Alto Networks acquiring IBM's QRadar SaaS assets.
Full articleSummary: A securities class action lawsuit has been filed on behalf of investors who purchased or acquired the common stock of UnitedHealth Group Inc. between March 14, 2022 and February 27, 2024, alleging violations of the Securities Exchange Act of 1934 due to DOJ investigation into UnitedHealth's relationships between its segments and insiders selling millions of dollars of personally held shares without disclosing the investigation.
Full articleSummary: Palo Alto Networks' Cortex XSIAM platform is set to replace traditional SIEM tooling by offering a broader approach that integrates and automates SOC capabilities and processes. The company acquired QRadar to assist in the migration process for customers, with free migration support offered to qualified customers.
Full articleSummary: Lockheed Martin partners with Charles Henderson High School to offer signing day for seniors completing Lockheed Martin Manufacturing 101 course, providing guaranteed interviews and training program opportunities.
Full articleSummary: Bank of America Corporation announced the full redemption of its Fixed-to-Floating Rate Non-Cumulative Preferred Stock, Series JJ, and Series U Preferred Stock, along with their corresponding depositary shares.
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