Summary: Google is facing a second antitrust trial over its advertising business, which has been accused of acting as a monopoly and leading to higher ad prices. The trial, set to begin in Alexandria, Virginia, will likely last for several weeks. The government seeks potential divestiture of Google Ad Manager suite and possible flood of litigation against Google by advertisers.
Full articleSummary: Discussion at Climate Week NYC on accelerating decarbonization in hard-to-abate industries and translating climate commitments into actionable solutions for a cleaner world.
Full articleSummary: Court revives greenwashing lawsuit against Coca-Cola alleging that the company's marketing campaigns involved greenwashing, after being initially dismissed. The DC Court of Appeals ruled that Coca-Cola is in violation of CPPA, case to return to Superior Court for further consideration.
Full articleSummary: Bristol-Myers Squibb Co. (BMY) will present at the 2024 Wells Fargo Healthcare Conference on September 6, 2024.
Full articleSummary: Bristol-Myers Squibb Co. (BMY) will present at the 2024 Wells Fargo Healthcare Conference on September 6, 2024 at 9:30 AM ET.
Full articleSummary: Duty Free Dynamics partners with Playmobil to enhance global travel retail presence
Full articleSummary: Maria's journey of living with a rare liver disease called primary biliary cholangitis (PBC) and receiving a liver transplant, leading her to become a patient advocate and peer counselor for others with rare liver diseases.
Full articleSummary: Warren Buffett's Berkshire Hathaway further reduces stake in Bank of America by selling 18.7 million shares, marking latest in a series of sales totaling nearly $7 billion since mid-July. Berkshire remains BofA's biggest shareholder.
Full articleSummary: Most U.S. stocks fell on Thursday following mixed economic data, with the S&P 500 slipping 0.3% for a third straight drop. The Nasdaq composite performed better due to gains for Tesla and other Big Tech stocks.
Full articleSummary: Intuit's stock, ticker INTU, has underperformed in 2024 due to fears around AI and IRS competition, but is projected to grow with double-digit sales and earnings, aims to expand through AI investments, and is trading at a discount to its highs.
Full articleSummary: Dividend stocks, especially in the technology sector, have faced challenges but remain attractive to investors. High-quality companies offering dividends are seen favorably, especially with expected Fed rate cuts. Despite positive indicators, dividend stocks have underperformed the broader market this year. NextEra Energy Partners, LP (NYSE:NEP) is a significant player among weakened dividend stocks, with analysts predicting a possible dividend cut.
Full articleSummary: BofA Securities analyst raises Nio's price target to $5.30 after the company's better-than-expected earnings results for Q2.
Full articleSummary: Warren Buffett's Berkshire Hathaway continues to reduce its stake in Bank of America by selling 18.7 million shares over three days, totaling about $760 million in transactions.
Full articleSummary: GGSIPU signed a MoU with IBM to build skills and explore job placement for students.
Full articleSummary: FedEx Corporation's stock is still seen as a bargain opportunity with an intrinsic value of $433.21, indicating potential for further growth. The company is expected to generate a profit growth of 34% over the next couple of years, leading to a positive outlook for investors.
Full articleSummary: Tesla launches its first all-electric 'Giga Train' in Germany, offering free rides to both employees and regular passengers with impressive passenger capacity and green initiatives.
Full articleSummary: Salesforce introduces new large language model (LLM) XGen-Sales and two open source products APIGen and xLAM to help developers and enterprises in building agents and automating actions.
Full articleSummary: Zenas BioPharma aims for a valuation of up to $689.7 million in its U.S. IPO, backed by Bristol-Myers Squibb and targeting to raise $211.7 million by offering 11.76 million shares.
Full articleSummary: MSC Air Cargo appoints former FedEx veteran Alexander Padmore to head its Asia Pacific team, amidst expansion and new flight routes in the region.
Full articleSummary: Google has introduced a new 'Ask Photos' feature in its Google Photos app that allows users to search using natural language queries, providing answers based on the content of their images.
Full articleSummary: IBM has expanded its use of Palo Alto Networks security platforms, deploying Cortex XSIAM and Prisma SASE 3.0 to enhance security for its global workforce. Palo Alto Networks, in return, will implement IBM solutions like watsonx AI and data platform for increased AI and automation capabilities.
Full articleSummary: Peter Hochholdinger has been appointed executive vice president of manufacturing and safety at Boeing Defense, Space & Security. His experience includes key roles at Relativity Space, Lucid Motors, Tesla, and Audi.
Full articleSummary: Nvidia denied receiving a subpoena from the Department of Justice, clarifying that it can answer any regulatory questions. The initial report of a subpoena had caused a decline in the company's stock.
Full articleSummary: TAYLOR has been awarded the construction contract for the first Tesla dealership and service center in New Hampshire. The new Tesla facility will occupy 50,000 s/f out of the eight-acre site and will include a service, sales area, parking for about 300 vehicles, and eight electric charging spaces.
Full articleSummary: Warren Buffett's Berkshire Hathaway trims stake in Bank of America by selling 18.7 million shares, totaling nearly $7 billion in sales since mid-July.
Full articleSummary: Broadcom's (NASDAQ: AVGO) shares dropped over 7% in early US trading Friday after the chipmaker's current-quarter sales guidance fell slightly short of expectations, primarily due to weakness in its broadband unit and AI revenues meeting estimates.
Full articleSummary: Angel Reese absolved Caitlin Clark of any wrongdoing but pointed to her fans for sending hate messages and threats, including racism and death threats. Reese emphasized that the rivalry between them is fueled by fans and media, not by the players themselves. Despite the controversy, Reese praised Clark's skills and hinted at the possibility of playing on the same team in the future.
Full article