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Colgate-Palmolive executive celebrates his AANHPI heritage - CNBC neutral
CL

Summary: Colgate-Palmolive executive celebrates his AANHPI heritage.

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2024-05-13T16:15:18Z
Is Broadcom Inc. (NASDAQ:AVGO) A Great Dividend Stock? - Yahoo News NZ somewhat bearish
AVGO

Summary: Broadcom Inc. (NASDAQ:AVGO) appears attractive to dividend investors with its 3.7% dividend yield, nine-year payment history, and significant buyback of stock. However, there are concerns over its high payout ratio of 114% of profit as dividends, though it covered dividends with free cash flow. The company also has a meaningful amount of debt, with a net debt to EBITDA ratio of 3.15.

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2024-05-13T16:14:45Z
The Meta Quest 2 is still worth buying, and its price ahead of Memorial Day is ludicrous neutral
Meta

Summary: Meta Quest 2, a VR headset known for its affordability, is currently on sale for $199 on Amazon, down from its usual price of $249.99. Despite the newer Meta Quest 3 being available, the Quest 2 is still recommended for those entering into VR gaming due to the vast library of compatible games and its lower price point compared to Quest 3.

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2024-05-13T16:14:30Z
Top Senate Democrat Targets Chevron/Hess Merger -- OPIS - MarketScreener somewhat bearish
CVX HES

Summary: Senate Majority Leader Schumer is calling on federal regulators to halt Chevron's $53 billion acquisition of Hess Corp., claiming it could lead to higher gas prices. Schumer argues that Big Oil mergers like this reduce competition and harm consumers.

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2024-05-13T16:14:07Z
McDonald's Hopes A New $5 Meal Will Bring Customers Back After Price Increases - Delish somewhat bullish
MCD

Summary: McDonald's is planning to introduce a $5 meal deal to attract customers back amid soaring costs at the chain, in addition to launching a new satiating burger.

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2024-05-13T16:13:57Z
Microsoft Places uses AI to find the best time for your next office day - The Verge neutral
MSFT

Summary: Microsoft introduces AI-powered app called Microsoft Places to help businesses coordinate in-office time better amidst the rise of hybrid and flexible work post-pandemic.

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2024-05-13T16:13:45Z
Google Cloud Is the World's Hottest Major Cloud Vendor; Oracle, ServiceNow Tied for Second somewhat bullish
GOOGL ORCL NOW

Summary: Google Cloud accelerates its Q1 growth rate to 28%, becoming the fastest-growing company in the Cloud Wars Top 10. Oracle and ServiceNow follow closely with 25% growth in cloud revenue in their most recent periods.

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2024-05-13T16:13:33Z
McDonald's rolls out limited $5 value meal to win back customers lost to rising prices somewhat bullish
MCD

Summary: McDonald's launches a limited $5 value meal to attract customers who have been lost due to rising prices.

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2024-05-13T16:12:13Z
Target to reduce number of stores carrying Pride-themed merchandise after last year's backlash somewhat bearish
TGT

Summary: Target will not stock Pride Month merchandise at all stores in June due to backlash and lower sales, but will offer full assortment online. The decision disappoints LGBTQ+ advocacy group Human Rights Campaign. Target faced similar backlash and scrutiny regarding LGBTQ+ merchandise in the past.

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2024-05-13T16:12:04Z
Is Starbucks Stock a Buy After Its Massive Drop? - Yahoo Finance somewhat bullish
SBUX

Summary: Starbucks stock plummeted after poor second quarter earnings results, showing declines in comparable-store sales and operating income. However, the company announced a reinvention strategy including digital initiatives and cost-saving measures. Metrics like low P/E ratio and high dividend yield suggest the stock may be oversold, presenting a potential long-term bargain for investors.

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2024-05-13T16:11:18Z
Despite the downward trend in earnings at Dow (NYSE:DOW) the stock rises 3.6%, bringing ... somewhat bearish
DOW

Summary: Dow Inc. has experienced a share price rise of 19% over five years and 14% in the last twelve months, falling short of the market average returns. The EPS of Dow has dropped 9.5% per year despite the climbing share price, indicating a discrepancy between the price and value of the company.

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2024-05-13T16:09:22Z
McDonald's may consider $5 value meal as food prices continue to soar - ABC7 New York somewhat bullish
MCD

Summary: McDonald's may consider offering a new $5 value meal amidst rising food prices to address consumer affordability concerns.

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2024-05-13T16:09:07Z
Salesforce Takes the Wheel On Growth, Selects NTT DATA To Drive Application Efficiency somewhat bullish
CRM

Summary: Salesforce, Inc. has selected NTT DATA Group Corp. to drive standardization and streamlining of its application environment, including various Salesforce clouds, MuleSoft, Heroku, Slack, and third-party apps. The companies aim to consolidate managed services to enhance capabilities and customer insights using data and AI.

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2024-05-13T16:07:57Z
Salesforce Takes the Wheel On Growth, Selects NTT DATA To Drive Application Efficiency neutral
CRM

Summary: Salesforce, Inc. has selected NTT DATA Group Corp. to drive standardization and streamlining of its application environment, improving internal instance of Salesforce and third-party apps. Salesforce also expanded partnership with Inclusively to aid employees. Investors can gain exposure to CRM stock via FEPI and MRAD ETFs.

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2024-05-13T16:07:00Z
Rtx Corporation Stock: Is Wall Street Bullish or Bearish? - TradingView very bullish
RTX

Summary: RTX Corporation (RTX) has shown impressive price performance in 2024 fueled by rising defense budgets amid global conflicts, bagging significant deals with Germany and Ukraine. Analysts expect an EPS growth of 6.7% year over year. The consensus rating is a 'Moderate Buy' with multiple analysts raising price targets on the stock.

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2024-05-13T16:06:59Z
OpenAI to announce a search engine to rival Google: report - Fox 29 neutral
GOOGL

Summary: OpenAI is reportedly planning to launch an AI-powered search engine to rival Google, extending its ChatGPT product to pull in direct information from the web. The announcement was timed just before Google's annual I/O conference where AI-related products were expected to be unveiled.

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2024-05-13T16:06:02Z
How OpenAI Trimmed $50 Billion off Alphabet's Market Cap on Monday | The Motley Fool somewhat bearish
GOOG GOOGL

Summary: OpenAI is expected to release a new product that could threaten Google, sparking market concerns and causing Alphabet's share price to drop by 2% in early trading.

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2024-05-13T16:05:36Z
The Zacks Analyst Blog Highlights Amgen, Amazon.com, Apple, Boeing and Goldman Sachs somewhat bullish
AMGN AMZN AAPL BA GS

Summary: The Dow Jones Industrial Average outperformed other major indices driven by hopes of rate cuts, solid corporate earnings, and increased stock buybacks. Five stocks, including Amgen, Amazon.com Inc., Apple Inc., Boeing, and The Goldman Sachs Group led the market rally. Amazon and Apple reported strong earning estimates, while Amgen surged on positive earnings and test results of its injectable weight-loss drug.

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2024-05-13T16:05:35Z
Daiwa Securities to invest US$330 million in Aozora Bank - The Business Times somewhat bullish
8601.T 8284.T

Summary: Daiwa Securities Group to take a stake in Aozora Bank by buying $330 million in newly issued shares, becoming the bank's biggest shareholder. They plan to cooperate in wealth management, real estate, mergers and acquisitions, and startups.

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2024-05-13T16:05:21Z
Banks are propping up the fossil fuel industry to the tune of €6.5 trillion, new report finds somewhat bearish
BCS SAN DB

Summary: European banks were among the biggest fossil fuel financers in 2023, with Barclays, Santander, and Deutsche Bank leading the way. Despite commitments to lower emissions, finance for fossil fuel companies from the world’s top banks totalled $705 billion last year. European banks contributed just over a quarter of the total fossil fuel financing in 2023, with Barclays, Santander, and Deutsche Bank being the top three.

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2024-05-13T16:01:34Z
Cleveland Fed survey: CEO inflation expectations increased in 2024:Q2 somewhat bearish
CPI

Summary: Inflation expectations among U.S. business leaders increased in the second quarter of 2024, with expectations for Consumer Price Index inflation rising to 3.8 percent from 3.4 percent in January 2024. The Survey of Firms’ Inflation Expectations (SoFIE), conducted by the Federal Reserve Bank of Cleveland, captures these insights from CEOs and top executives in the manufacturing and services sectors.

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2024-05-13T16:00:56Z
How fake iPhones, AirPods and other Apple products helped this courier service catch ... neutral
UPS

Summary: Four UPS employees in Florida were caught stealing roughly $52,000 worth of iPhones and other Apple products by using fake labels to intercept the items meant for customers. The employees were charged with organized scheme to defraud and other related crimes.

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2024-05-13T15:59:58Z
Congress wants to question Microsoft exec over security defects - Cybersecurity Dive neutral
MSFT

Summary: Microsoft is willing to provide Congress with important security information but has not confirmed attendance to the hearing yet.

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2024-05-13T15:59:53Z
Top500 Supers: This Is Peak Nvidia For Accelerated Supercomputers - The Next Platform neutral
AMD NVDA INTC

Summary: The International Super Computing 2024 conference is happening in Hamburg, Germany, and the May June Top500 rankings of supercomputers are out. The aggregation Rmax performance on the list is 8.21 exaflops, up 56.7% from a year ago and 86.6% from two years ago. Nvidia dominates accelerated computing but faces growing competition from AMD and Intel.

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2024-05-13T15:58:14Z
Ford trims EV battery orders as losses swell to over $100000 per electric car in Q1 - Electrek somewhat bearish
F

Summary: Ford is cutting back on EV battery orders and experiencing losses exceeding $100,000 per electric car built in the first quarter. The company is also delaying EV initiatives and shifting focus to smaller, more profitable EVs while cutting prices to stay competitive in the market. Despite the setbacks, Ford is maintaining partnerships with battery suppliers such as SK, LG Energy Solution, and CATL.

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2024-05-13T15:57:22Z
Brad Smith : «Microsoft va investir 4 milliards d'euros en France au service de l'intelligence ... very bullish
MSFT

Summary: Microsoft is set to invest 4 billion euros in France for artificial intelligence and economic growth, including building advanced data centers, supporting startups, and training a million French citizens.

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2024-05-13T15:57:04Z
Intel-Powered Aurora Supercomputer Breaks The Exascale Barrier - Phoronix somewhat bullish
INTC HPE

Summary: Intel, HPE, and Argonne National Laboratory announced that the Aurora Supercomputer has become the fastest AI supercomputer, and Intel is promoting upcoming Xeon processors.

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2024-05-13T15:56:11Z