Summary: BlackRock has hired Antonio Almirall from Morgan Stanley in Miami. Almirall brings over a decade of experience in the industry and has worked in various roles at firms such as Santander, UBS, and abrdn.
Full articleSummary: The article discusses using the Capital One SavorOne card for entertainment and grocery purchases during a recent trip abroad. It highlights successes and failures in earning 3% cash back on these categories, and also explains the flexibility of converting cash back rewards to miles for travel redemption.
Full articleSummary: Apple has approved a WeChat update for the iOS ecosystem ahead of iPhone 16's release, allowing for negotiations with Tencent to continue.
Full articleSummary: Pfizer and Valneva have shared promising immune response and safety results from a mid-stage study of their Lyme disease vaccine candidate, demonstrating significant anamnestic antibody response across all six serotypes covered by the vaccine.
Full articleSummary: Britain's antitrust regulator, CMA, provisionally found Google abusing its dominant position in digital advertising, potentially harming British publishers and advertisers. Google disagreed with the CMA's view and emphasized its commitment to creating value for partners. Investigations by the U.S. Department of Justice and the European Commission are also ongoing.
Full articleSummary: The accelerating adoption of artificial intelligence (AI) has propelled companies like Apple, Microsoft, and Nvidia to the top in market valuation. Taiwan Semiconductor Manufacturing (TSM, NYSE) is poised to join this elite group due to its crucial role in providing advanced semiconductors for AI applications.
Full articleSummary: BlackRock Sustainable American Income Trust PLC reported unaudited net asset values of 212.04p for Capital only and 212.34p including current year income XD on 5th September 2024.
Full articleSummary: Bristol Myers Squibb employees will relay nearly 3,000 miles cross-country in Coast 2 Coast 4 Cancer (C2C4C) event to raise over $1 million for the V Foundation for Cancer Research.
Full articleSummary: Meta Platforms' Oversight Board states that the phrase 'From the river to the sea' has multiple meanings and should not be automatically removed from Facebook, as it can be used in ways showing solidarity with Palestinians without inciting violence. The decision was supported by some but criticized by others, with differing opinions on whether the phrase is antisemitic or a call for eradication of Israel.
Full articleSummary: Final trades of the day with Fast Money traders were on ET, META, JBLU, and NDAQ.
Full articleSummary: NVIDIA is working on new GPUs in the GeForce RTX 50 series, with possible debut at CES 2025.
Full articleSummary: BlackRock estimates that buyer optimism and pricing are on the rise in the secondary market for alternative investments, with transaction volumes hitting a new record.
Full articleSummary: PayPal is expanding into U.S. point-of-sale payments by integrating its debit card with Apple's mobile wallet and offering five per cent cashback rewards.
Full articleSummary: Broadcom reported strong fiscal third quarter results beating expectations but forecasted slightly lower fourth-quarter revenue due to sluggish spending in broadband. The company saw a strong performance in AI segments but weak demand in other divisions.
Full articleSummary: Intuit (NASDAQ: INTU) reported strong full-year 2024 results with revenue up 13% and net income up 24%. However, its EPS missed analyst expectations by 1.9%. The company's shares are down 1.4% from a week ago.
Full articleSummary: PepsiCo partners with Beyond Meat to develop new lines of plant-based protein-packed snacks under The Planet Partnership joint venture.
Full articleSummary: FedEx announces a strategic alliance and investment in Nimble, a company specializing in AI robotics and 'autonomous fulfillment' technology for e-commerce.
Full articleSummary: Lockheed Martin Corporation is a company specializing in the design and manufacturing of aeronautic, submarine, and aerospace systems, with net sales distributed across various segments and geographies.
Full articleSummary: Wells Fargo analyst raised DocuSign's price target to $50 from $48 and maintains Underweight rating on shares due to mixed Q2 results.
Full articleSummary: Stifel analyst raised price target on Costco after strong August comp growth and increased traffic globally and in the U.S.
Full articleSummary: Libresource v2 is a major rewrite of the original project, aimed at offering faster and more efficient statistics fetching and parsing for system resource information in Linux.
Full articleSummary: U.S. Bank is exiting the U.S. Bancorp Tower after decades of occupying the building.
Full articleSummary: Wells Fargo analyst raises UiPath's price target to $15 and maintains Equal Weight rating. Analyst highlights FY25 raise to operating income and free cash flow targets.
Full articleSummary: Target reported a boost in its grocery business amidst softening sales trends, with food and beverage sales increasing, but facing challenges with inventory shrink due to theft. The retailer's first-quarter results also highlighted growth in beauty department sales and a decline in comparable digital sales.
Full articleSummary: Morgan Stanley analyst initiated coverage of Emerson Electric with an Underweight rating and $105 price target, highlighting lower organic growth forecasts than consensus views.
Full articleSummary: FedEx Corp. is strategically investing in Nimble to enhance its automated supply chain offerings and operations, aiming at scaling its FedEx Fulfillment centers with an autonomous 3PL model. The company also seeks to expand its footprint and streamline supply chain capabilities across North America.
Full articleSummary: Blackrock Silver Corp. will be presenting at the 2024 Precious Metals Summit to discuss the findings of the initial Preliminary Economic Assessment on their Tonopah West Project located in Nevada. The base case and escalated economic profiles show promising returns with significant expansion potential. The Company's management team is enthusiastic about the opportunity to present the PEA results to investors and analysts, showcasing the path ahead for their discovery.
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