Summary: Intel has released a statement addressing gaming instability in some unlocked 13th and 14th Generation processors, attributing the issue to motherboard manufacturers and recommending specific power values for stable operation.
Full articleSummary: Intel's open-source software engineers are working on a PCIe bandwidth controller driver for the Linux kernel to limit PCIe link speed in case of thermal pressure. The fifth iteration of patches have been released today.
Full articleSummary: The Department of Justice is investigating potential securities or wire fraud by Tesla related to its driver assist software. This comes after past scrutiny on Tesla's driver-assist technology, including a recent recall due to safety concerns.
Full articleSummary: Short Term Elliott Wave analysis indicates that the Dow Futures Index has completed wave 1 in a higher degree and has turned higher in wave 3 of (5), expecting further upside as long as the pivot at 37473 low stays intact.
Full articleSummary: A class action lawsuit has been filed against Compass Minerals International, Inc. for potential losses suffered by investors due to the Company not securing a USFS contract for the 2024 Fire Season, resulting in a significant drop in stock price.
Full articleSummary: Comcast Corp (CMCSA) showed a daily gain of 2.77%, potentially undervalued with GF Value at $45.97. Comcast's financial metrics offer a mixed picture, caution advised for debt-averse investors. ROIC of 6.96% below WACC of 7.37% indicates not generating excess returns on investments.
Full articleSummary: Ugborodo Graduates Association threatens to shut down Chevron Nigeria Limited operations due to alleged unfair employment practices and lack of support for Ugborodo graduates, mobilizing for complete shutdown until perceived anomalies are corrected.
Full articleSummary: Severe storms in West Michigan have caused damage to the FedEx facility in Portage, leading to its closure and initiation of contingency plans. The nearby Stryker facility's operations are also being evaluated for potential storm damage.
Full articleSummary: Ten financial institutions are participating in a distributed ledger feasibility trial for the Regulated Settlement Network (RSN) to test settlement on a common regulated venue using tokenized deposits, central bank money, U.S. Treasuries, and other assets. The Securities Industry and Financial Markets Association (SIFMA) will manage the proof of concept (PoC).
Full articleSummary: Two U.S. senators have requested the FTC to investigate Amazon.com Inc for potential server security lapses that may have contributed to the Capital One hack involving data on millions of customers.
Full articleSummary: Nylas announced the general availability of its Nylas Email for Salesforce package, enabling Salesforce admins and revenue teams to capture complete customer email context and data directly within Salesforce. The package provides a unified view of all customer-facing email conversations and offers seamless integration to enhance customer understanding and increase productivity.
Full articleSummary: Meta, the parent company of Facebook, is building an $800 million data center in Alabama to enhance its AI capabilities and expand its data infrastructure. The site in Montgomery will be Meta's 20th data center in the U.S. and second in Alabama, and is expected to go online in 2026.
Full articleSummary: FC Barcelona is close to extending collaboration with Nike until 2034, negotiations ongoing for economic bonus and other benefits in the new agreement.
Full articleSummary: Cisco announced a new virtual appliance for its AppDynamics On-Premises application observability offering, as well as a new licensing model called AppDynamics Flex that allows customers to choose between self-hosted and SaaS observability solutions. The innovations aim to improve anomaly detection, root cause analysis, application security, and SAP monitoring.
Full articleSummary: Tesla is reportedly being probed by the Department of Justice over whether its self-driving claims could constitute securities or wire fraud. The investigation is focusing on potential wire fraud and securities fraud related to Tesla's driver-assistance systems and statements made by Elon Musk.
Full articleSummary: President Biden travels to Racine, Wis., to deliver remarks on his economic agenda and announce a $3.3 billion investment by Microsoft to build a new artificial intelligence datacenter.
Full articleSummary: Smaller sports footwear brands Hoka and On Running are gaining popularity in the UK and Europe, expected to benefit from upcoming sports events. Their market share has more than tripled during the pandemic, challenging dominant players like Nike and Adidas. New Balance also shows growth, while Adidas and Nike experience declines in market share amidst competition from smaller players. Nike and Adidas are making changes to recover market share and adapt to consumer trends.
Full articleSummary: Various unions, community groups, and environmental organizations are urging CalPERS and CalSTRS to hold ExxonMobil accountable by voting against the Exxon Board of Directors at the May 29 shareholder meeting and initiating steps to divest from Exxon investments. This coalition believes that continued investment in Exxon undermines pension funds' ability to fulfill responsibilities to beneficiaries and align with climate goals.
Full articleSummary: Several kinds of white coated confectionery items made by Palmer Candy Company have been recalled in 17 states due to potential salmonella contamination, affecting major retailers and convenience stores.
Full articleSummary: Charles Schwab Investment Management Inc. reduced its position in RTX Co. by 5.3% in the fourth quarter, marking a decrease in holdings. Several other hedge funds also made changes to their holdings in RTX. Wall Street analysts have provided varied ratings for the company, with a consensus rating of 'Hold' and an average price target of $96.93. RTX also saw insider selling activity and increased its quarterly dividend.
Full articleSummary: Financial giants have made a bullish move on JPMorgan Chase with 50% of traders showing bullish tendencies and 40% displaying bearish sentiments through unusual options trades and significant investments aiming for a price territory between $160.0 to $200.0. Analysts maintain positive ratings with an average target price of $212.4.
Full articleSummary: A Boeing 767 cargo plane landed at Istanbul Airport without its front landing gear, leading to no casualties but an ongoing investigation.
Full articleSummary: Google DeepMind has developed AlphaFold 3, an AI model that can predict the structures of biological molecules, including proteins, DNA, RNA, and small molecules for potential drug development. The model will be available for non-commercial use through the AlphaFold server, leading to a significant acceleration in biological research.
Full articleSummary: US transition to clean energy through electric vehicle subsidies and electrical grid updates is expected to benefit companies in the renewable energy sector. GE Vernova (GEV), First Solar (FSLR), and NextEra Energy (NEE) are highlighted as top picks poised to receive a clean energy boost.
Full articleSummary: DoubleVerify (NYSE:DV) beat analysts' Q1 sales expectations but stock dropped by 21.5% due to lower revenue guidance for the next quarter and full year. The company reported revenue of $140.8 million, beating analyst estimates, but provided guidance for Q2 CY2024 below expectations, leading to a drop in stock price.
Full articleSummary: NightDragon, Cisco, and World Wide Technology announced a collaboration with NPower to address the talent gap and lack of diversity in the cybersecurity industry by providing training and job opportunities for underrepresented groups.
Full articleSummary: Wells Fargo appointed former JPMorgan executive Fernando Rivas as co-CEO of its corporate and investment banking division to expand market share on Wall Street.
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