Summary: Antitrust trial between Alphabet's Google and Department of Justice begins, targeting Google's advertising technology businesses.
Full articleSummary: Salesforce introduced new agentic and large action AI models designed to fuel sales tasks: xGen-Sales and xLAM models. xGen-Sales is a model for automating sales tasks while xLAM models come in various sizes for different applications, including on-device tasks and industrial applications. Salesforce aims to demonstrate leadership in the AI market with these models.
Full articleSummary: 1. Apple Inc. is benefiting from strong growth in Services revenues but facing weakness in iPhone sales, particularly in China. 2. Tesla, Inc. is focusing on autonomous driving and artificial intelligence amid competition in the EV space. 3. NextEra Energy, Inc. continues to expand operations through organic projects and acquisitions, with a focus on renewable energy projects.
Full articleSummary: Google's John Mueller addressed a question regarding the indexing of pages blocked by robots.txt and why it's safe to ignore related Search Console reports. He confirmed that Google indexes pages even if they can't crawl them due to not seeing the noindex meta tag.
Full articleSummary: Editas Medicine, Inc. (NASDAQ:EDIT) presented at the Wells Fargo 2024 Healthcare Conference on September 5, 2024, highlighting the progress on their CRISPR-based genome editing therapies for sickle cell disease and thalassemia. They are focused on autologous edited ex-vivo cell therapy, in-vivo editing therapeutic pipeline, and leveraging foundational IP. The company is optimistic about the prospects of the sickle cell market and differentiation from competitors like Vertex.
Full articleSummary: Oracle's first-quarter fiscal 2025 results, to be reported on Sept. 9, are anticipated to reflect strong performance driven by increasing demand for its AI solutions and advancements in AI capabilities across its cloud infrastructure and applications. Strategic partnerships with companies like Palantir, SambaNova Systems, and NVIDIA have enhanced Oracle's AI offerings.
Full articleSummary: Nike offers a 10% discount for teachers on most online items that can be accessed by verifying themselves as educators, with a new code available every seven days.
Full articleSummary: Google and the Justice Department are heading back to court to argue about Google's alleged monopolistic behavior in the ad tech market. The DOJ claims Google illegally monopolized ad tech tools and engaged in exclusionary actions, while Google argues it created valuable tools for customers. The case is expected to last several weeks and features witnesses from the advertising and publishing industries.
Full articleSummary: Costco shoppers express frustration over long checkout lines and inefficient process, leading some to abandon full carts. Consumers call for more efficient checkout system and threaten to take their business elsewhere. Some customers express discontent over the retailer's membership-sharing crackdown with new ID scan policy.
Full articleSummary: Larry Ellison is set to take over Shari Redstone's controlling interest in Paramount Global once the merger acquisition is finalized. The deal will see Ellison assume the 77.5% ownership stake and his son David Ellison, along with Jeff Shell, will run Paramount.
Full articleSummary: Analysts provided bullish sentiments on Sarepta Therapeutics (SRPT) and Danaher (DHR) in the Healthcare sector.
Full articleSummary: Wells Fargo analyst Joe O’Dea maintained a Sell rating on Trane Technologies with a price target of $320.00, despite a general Hold analyst consensus with a $364.14 average price target for the company.
Full articleSummary: Boeing CFO Brian West to speak at Morgan Stanley Laguna Conference on September 13.
Full articleSummary: Toyota Motor Corp. has lowered its global production target for electric vehicles for 2026 by around 30 percent, aiming to produce around 1 million units, due to slowing demand for all-electric cars.
Full articleSummary: Capital One is offering valuable travel perks, including an annual travel credit of up to $300 on its Venture X and Venture X Business cards. Additionally, a limited-time offer for travel credit is available on the Capital One Venture card until Sept. 9. The credit can be used for flights, hotels, rental cars booked through the Capital One Travel portal.
Full articleSummary: New options have become available for Citigroup Inc (C) with a July 2025 expiration, presenting opportunities for sellers of puts or calls to achieve higher premiums. There are attractive options for selling a put contract at the $57.50 strike price or selling a covered call contract at the $62.50 strike price.
Full articleSummary: Chevron submits updated plan of development and production for Aphrodite offshore gas field in Cyprus involving drilling new subsea wells and a floating production unit with export to Egyptian transmission system.
Full articleSummary: Over $3 million was raised for charity from this year's Albertsons Boise Open presented by Chevron, bringing the 35-year charity total to $39 million, a record on the Korn Ferry Tour.
Full articleSummary: Nike is set to release the Nike Air Max 90 “Reverse Duck Camo” this fall, a remixed version of the iconic camo-upper-meets-infrared-mesh design, with a nostalgic nod to Nike's legacy.
Full articleSummary: Boeing's new astronaut capsule, Starliner, is set to depart the International Space Station without its crew due to safety concerns after months of turmoil.
Full articleSummary: A FedEx driver was held up at gunpoint in Edison and forced to drive to another location where robbers stole items from his truck.
Full articleSummary: PJT Partners Inc. has hired veteran market infrastructure banker Jeremy Capstick from JPMorgan Chase & Co. as part of its strategy to gear up for a revival in dealmaking.
Full articleSummary: Ford Lightning's sales grew by 160% last month, Oxford PV set a record in solar project, Volvo CE is featured in the podcast
Full articleSummary: Warren Buffett's Berkshire Hathaway has been selling Bank of America (BAC) stock consistently over the past month, reducing its stake to just over 11% of the bank's outstanding shares.
Full articleSummary: Meta's Oversight Board ruled that the phrase 'from the river to the sea' does not violate hate speech policies on Facebook, Instagram, or Threads, as it can express political solidarity and calls for Palestinian rights without promoting violence or supporting designated dangerous organizations.
Full articleSummary: Dow introduced its first bio-circular product for the flooring industry, aimed at providing dimensional stability and adhesion support for fibers in carpet tile backing.
Full articleSummary: News about potential launch of GeForce RTX 5090/5080 this month is clarified to be unlikely. NVIDIA introduced the RTX 4080 Super with a lowered $999 MSRP, hinting at a potential similar pricing strategy for the RTX 5080. NVIDIA's dominance in the GPU market seems strong, with AMD's competition limited to mid-range GPUs.
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