Summary: Claro Colombia announces a historic investment of over US$200 million to strengthen its fiber optic network, essential for the development of advanced technologies like artificial intelligence, which has the potential to increase the country's GDP by up to 10%. The investment will not only enhance the experience of over 1.5 million homes but also pave the way for AI solutions in various sectors of the Colombian economy, from telemedicine to industrial automation.
Full articleSummary: Broadcom (AVGO) reported strong fiscal Q3 2024 results with consolidated net revenue up 47% year on year. AI revenue continues to grow, VMware bookings accelerate, and non-AI semiconductor revenue has stabilized. Guidance for Q4 2024 includes semiconductor revenue of approximately $8 billion and infrastructure software revenue of about $6 billion, driving consolidated revenue to around $14 billion, up 51% year on year.
Full articleSummary: Medtronic has recalled McGrath MAC Video Laryngoscopes due to an increased risk of battery overheating and explosion. The FDA has classified the recall as serious with a risk of injury or death.
Full articleSummary: Cisco Merchandise Store website was taken down due to a compromise with customer information-stealing JavaScript code, impacting operations in various regions.
Full articleSummary: Kraft Heinz selects upstart food brands for its Springboard Incubator program to support and develop new food and beverage brands.
Full articleSummary: BNY agrees to acquire Archer, a technology and operations provider, to enhance services for asset and wealth managers.
Full articleSummary: Michael 'Q' Quatrini is bringing innovative venture capital investments to a global audience and is excited to be included on the BNY Mellon | Pershing platform.
Full articleSummary: Barclays initiates coverage of MetLife (WBAG:METL) with an Overweight recommendation. The number of funds reporting positions in MetLife increased by 19 in the last quarter. Total shares owned by institutions increased by 2.93% in the last three months.
Full articleSummary: Caterpillar reported strong results in Q2 despite depressed markets, with a focus on backup generators for data centers and resilient residential business. CEO Umpleby expects electrification of engines to benefit mining business in the future.
Full articleSummary: Former McDonald's chef reveals secret Big Mac sauce recipe with 11 ingredients including mayonnaise, sweet pickle relish, and spices.
Full articleSummary: NextEra Energy was wrongly included in a Texas electrical grid project application for the Texas Energy Fund, causing the Public Utility Commission to reject the application, leading to discussions with state legislative members. Aegle Power, the primary applicant, had included NextEra in a later submission without their consent.
Full articleSummary: Broadcom (AVGO) posted better-than-expected Q3 results but disappointed with its fourth quarter guidance. Zscaler (ZS) stock plummeted after disappointing guidance. Investors are focusing on Friday's jobs data.
Full articleSummary: Broadcom's Q4 revenue guidance fell short of expectations despite posting better-than-expected fiscal third quarter results, with Mizuho Americas analyst highlighting disappointment in semiconductor business performance.
Full articleSummary: McDonald's is introducing a Mini McFlurry, a smaller size of its popular frozen dessert, and transitioning to more sustainable packaging by replacing plastic lids with four-flap cups.
Full articleSummary: Comcast has reintroduced Election Central on various platforms to provide customers with important election news and information, including a bilingual guide called Plan Your Vote.
Full articleSummary: McGrath MAC Video Laryngoscopes with specific serial numbers are being recalled due to issues with the 3.6v battery unit. Operators are instructed to stop using the affected devices, remove the battery unit, and contact Medtronic for a replacement.
Full articleSummary: Texas energy regulators rejected Aegle Power's loan application for a natural gas-powered electrical plant due to false information and a convicted felon filing the application.
Full articleSummary: Coca-Cola FEMSA achieved its sustainability goal by improving water efficiency by 21% since 2016, ensuring stability in the interest rate on its sustainability-linked bonds.
Full articleSummary: Nelda J. Connors has been elected to ConocoPhillips' board of directors, where she will serve on key committees. She brings over 25 years of experience in industrial and manufacturing industries.
Full articleSummary: General Dynamics Mission Systems won a $491.6 million contract from the Space Development Agency (SDA) to develop an integrated ground system for the Proliferated Warfighter Space Architecture (PWSA). The contract includes designing, analyzing, and engineering the system.
Full articleSummary: American Tower Corp's EVP & President of LatAm & EMEA sold 18,989 shares totaling $4,367,470 under a trading plan.
Full articleSummary: The New York Stock Exchange has decided to immediately suspend trading in the securities of Zalatoris Acquisition Corp and commence proceedings to delist the company.
Full articleSummary: The Investment Committee discusses the latest Calls Of The Day for Berkshire Hathaway B, GE Aerospace, Dupont De Nemours, and Target.
Full articleSummary: Intuit will host its annual Investor Day to discuss its strategy for fiscal year 2025 with CEO and CFO presenting.
Full articleSummary: Travelers Companies' stock increased by 11% over the past month, with a ROE of 15%. Despite having high ROE and profit retention, the company's earnings growth has been low compared to industry average. Analysts expect the company's earnings to gain momentum in the future.
Full articleSummary: Medtronic plc opens Robotics Experience Studio in Southeast Asia at Medtronic Customer eXperience Center (MCXC) in Singapore, aiming to enhance access to new technologies, provide training and education to healthcare professionals. The expansion underscores Medtronic's commitment to advancing medical technology in Robotics and AI.
Full articleSummary: Investment Committee shares top stocks to watch for the second half: Dell Technologies, CoStar Group, Johnson & Johnson, and PayPal Holdings.
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