Summary: A series of incidents involving Boeing planes have occurred recently, including a burst tire in Turkey, a dramatic landing in Senegal where a Boeing 737 caught fire, and an emergency landing of a FedEx cargo plane in Istanbul due to front landing gear failure.
Full articleSummary: FTC blocks Scott Sheffield from ExxonMobil board due to alleged collusion with OPEC to elevate oil prices, causing concerns in the oil industry and potential impact on future mergers and acquisitions.
Full articleSummary: Zacks Research analysts have cut their FY2025 EPS estimates for United Parcel Service, Inc. (NYSE:UPS), followed by a number of other analysts adjusting their price targets and ratings for the company. United Parcel Service also declared a quarterly dividend and reported its earnings results, beating analysts' consensus estimates.
Full articleSummary: Tesla is doubling down on investing in robotaxis with plans to unveiled a new self-driving taxi vehicle by August 2024 which could pose a threat to existing ride-sharing networks such as Uber. However, skepticism remains due to Elon Musk's history of unfulfilled promises regarding self-driving technology. Uber investors should focus more on Alphabet's self-driving division, Waymo, and Uber's premium valuation as potential concerns.
Full articleSummary: Atria Wealth Solutions Inc. reduced its stake in BlackRock Taxable Municipal Bond Trust by 7.8% in the fourth quarter, holding 17,141 shares worth $279,000. Other hedge funds also adjusted their holdings in the stock.
Full articleSummary: Alphabet Inc., the parent company of Google, reported strong Q1 earnings, beating expectations with 15% revenue growth, announcing its first-ever dividend and a $70B buyback plan. Analysts also raised target price to $192. Google's revenue growth was driven by strong performance in Google Search & Other, YouTube Ads, and Google Cloud, with expectations of over $100B from YouTube and Cloud by end of 2024.
Full articleSummary: Dosing paused in Phase 3 trial of gene therapy for DMD by Pfizer after the death of a boy who had been previously treated, trial activities continuing with safety as top priority.
Full articleSummary: VML is a leading creative agency known for its innovative work with various blue chip clients and is part of the WPP agency network.
Full articleSummary: National Pension Service increased its stake in Philip Morris International Inc. by 2.0% in the fourth quarter, while several other institutional investors also bought shares. Insiders have recently sold a significant amount of company stock. Wall Street analysts have mixed opinions on PM shares, with some downgrades and price target changes. The stock price of Philip Morris International rose by 0.4% during the recent trading session.
Full articleSummary: Alphabet Inc. was created after a major restructuring at Google, becoming a trillion-dollar company and one of the biggest tech companies in the US and the world. It consists of two segments: Google and Other Bets, aiming for independent operation and faster growth. Alphabet focuses on innovation in artificial intelligence with CEO Sundar Pichai leading as an 'AI-first company.'
Full articleSummary: United Parcel Service (UPS) has been listed as one of the most searched stocks on Zacks.com. Zacks ranks UPS as #3 (Hold) due to recent changes in consensus earnings estimates and other factors. UPS is currently trading at a discount compared to its peers according to Zacks Value Style Score.
Full articleSummary: BOTAŞ signs LNG trade deal with ExxonMobil, to diversify resources and strengthen energy supply security in Turkey and the region.
Full articleSummary: CVS Health (CVS) has been listed as one of the most searched stocks on Zacks.com. The stock has experienced a significant decline in the past month, along with its industry. The Zacks Rank for CVS Health is currently at #5 (Strong Sell), indicating a bearish sentiment.
Full articleSummary: Google announced a new 'saved comparisons' feature in Google Analytics to streamline data analysis by allowing users to save and apply customized filtered views for efficient analysis without recreating filters each time.
Full articleSummary: Medtronic will announce financial results for its fourth quarter and full fiscal year 2024.
Full articleSummary: Home Depot is predicted to post quarterly earnings of $3.61 per share, a decline of 5.5% from the same period last year, with revenues forecasted to be $36.69 billion, a year-over-year decrease of 1.5%. Analysts suggest no revision in the consensus EPS estimate over the past 30 days. Important to analyze earnings revisions before earnings release. Home Depot shares have witnessed a -3.4% change in the past month. With a Zacks Rank #4 (Sell), HD is expected to underperform the market in the near term.
Full articleSummary: Costco Wholesale Corp. reported a 3.0% increase in net sales for the retail month of April, reaching $17.85 billion. In Canada, comparable sales saw an 8.3% increase for the four-week reporting period.
Full articleSummary: Air Transport Services Group, Inc. (ATSG) has a P/E ratio higher than the industry average due to optimistic future earnings expectations. Analysts forecast a strong 18% growth per year for the next three years, which is significantly higher than the market average of 10%.
Full articleSummary: TeraSky announced a strategic partnership with Microsoft to advance Azure Public Cloud computing platform with Generative AI, deepening the relationship to empower businesses to achieve greater success.
Full articleSummary: Tesla has implemented a company-wide hiring freeze amid job cuts after disappointing Q1 earnings. Many positions have been removed from its jobs board, leaving only a few open roles including internships without wage mention.
Full articleSummary: Intel has released a statement addressing consumers directly regarding instability issues on 13th and 14th Gen Core i9 CPUs. Motherboard manufacturers have released BIOS profiles labeled 'Intel Baseline Profile', not the same as Intel's 'Intel Default Settings' recommendations. The issue arose when South Korean PC gamers reported instability problems while playing Tekken 8 on Core i9-13900K and 14900K CPUs.
Full articleSummary: Simon Property Group, Inc. (SPG) is a trending stock.
Full articleSummary: Simon Property Group beschließt eine Dividende in Höhe von 7,45 USD je Aktie für das Jahr 2023, was einer Steigerung im Vergleich zum Vorjahr um 7,97 Prozent entspricht. Die Ausschüttung beläuft sich insgesamt auf 2,44 Mrd. USD. Für 2024 wird eine weitere Dividendenerhöhung erwartet.
Full articleSummary: First Trust Intl Capital Strength ETF (FINT) had a stable trading day with no change in price. The TSX Composite, S&P 500, Dow Jones Industrial Average, and Nasdaq Composite all experienced declines. FINT.TO has a market capitalization of $0.00 and a focus on investing in developed market companies excluding the US and Canada.
Full articleSummary: Türkiye's state gas grid operator, BOTAŞ, and US energy giant ExxonMobil signed an LNG trade agreement in Washington, marking a crucial step in BOTAŞ' efforts to diversify its resources. Türkiye will receive up to 2.5 million tonnes (mt) of LNG annually for a decade to reduce dependence on Russian energy.
Full articleSummary: The Q4 earnings season for beverages and alcohol stocks has mixed results with companies like Coca-Cola (NYSE:KO) and Vita Coco (NASDAQ:COCO) performing well while Boston Beer (NYSE:SAM), Zevia (NYSE:ZVIA), and MGP Ingredients (NASDAQ:MGPI) facing challenges.
Full articleSummary: Zacks.com visitors are closely watching Oracle (ORCL) stock to review factors affecting its near-term performance. Earnings estimates revisions and projected revenue growth are key factors. With a Zacks Rank #3 (Hold) and a premium valuation compared to peers, Oracle may perform in line with the broader market.
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