Summary: Intel recommends using its official power profiles to address crashing issues with 13th and 14th Generation Core processors, clarifying different settings for various motherboard capabilities.
Full articleSummary: CNTL, a CN subsidiary, has reached a second tentative agreement with owner-operators. IAM has a recognition agreement with Siemens Mobility for the Brightline West project.
Full articleSummary: Securitize, a leader in real-world asset tokenization, secures $47 million in funding round led by BlackRock and joined by notable investors like Hamilton Lane, ParaFi Capital, and Tradeweb Markets. The investment aims to advance capital markets digitization through blockchain technology.
Full articleSummary: Carlos Pagoaga, a 34-year veteran of The Coca-Cola Company, will be named President of The Coca-Cola Foundation, succeeding Saadia Madsbjerg. Pagoaga will manage all Foundation operations, including grant making and regulatory compliance. His appointment is contingent on formal election by the Foundation board.
Full articleSummary: The Coca-Cola Company announced the appointment of Carlos Pagoaga as Vice President of Global Community Affairs and President of The Coca-Cola Foundation. Pagoaga will succeed Saadia Madsbjerg and will oversee all Foundation operations.
Full articleSummary: Bank of America analyst expects strong F3Q results for Madison Square Garden Entertainment due to successful seasons by Knicks and Rangers, potential increase in revenue from playoff rounds, and higher price target set at $43 from $41 by the analyst.
Full articleSummary: JPMorgan is being accused by a lawyer of forcing ex-First Republic advisors to repay $92 million in recruiting loans, leading to claims of fraud, breach of contract, and negligence. JPMorgan is seeking to block the claims by arguing against a deadline set by the FDIC for creditors of First Republic.
Full articleSummary: Salesforce, Inc. (CRM) stock has a 'buy' consensus rating with a high target price of $390.00, low target price of $231.00, and an average target price of $337.31, indicating a potential upside of 22.4%. The company has a market capitalization of 268.86B and a dividend yield of 5.95%. It also boasts a P/E ratio of 65.84, revenue per share of $35.79, and a 3.77% return on assets.
Full articleSummary: Disney has received approval to expand its Southern California theme parks by transforming its campus with new entertainment and rides without expanding the parks' physical footprint.
Full articleSummary: FedEx Airlines cargo plane forced to land in Turkey without front landing gear, incident under investigation by authorities and no injuries reported. Boeing under scrutiny following several incidents with their aircraft recently.
Full articleSummary: LTIMindtree and IBM announced a collaboration to establish a joint Generative AI Center of Excellence in India, focusing on accelerating clients' generative AI adoption journeys. The CoE will combine IBM watsonx AI platform with LTIMindtree's engineering skills to offer a comprehensive suite of services for modernizing full-stack applications and providing AI governance.
Full articleSummary: Philip Morris International Inc. held its 2024 Annual Meeting of Shareholders, highlighting strong performance, robust business fundamentals, and progress in smoke-free transformation. CEO emphasized the company's momentum in smoke-free products, sustainability efforts, and commitment to rewarding shareholders.
Full articleSummary: Financial giants have made bearish moves on Eli Lilly and Co, with 27% of traders being bullish and 38% bearish. Notable options trades include calls and puts trades, with a focus on a price band between $240.0 and $840.0. Current stock price of LLY is $775.0 with a trading volume of 578,252. Analysts have given price targets ranging from $723 to $892.
Full articleSummary: Power Planners International to undertake a study for Oracle and its development partner CET, a subsidiary of the State Grid Corporation of China, in Pakistan. This study will help Oracle move into the front-end engineering design (FEED) stage, aiding in future confirmation of potential off-take and financing arrangements. Oracle also has a previous cooperation agreement with PowerChina for a 1GW solar PV project in Sindh province.
Full articleSummary: BlackRock, Inc. reduces its holdings in Dowlais Group PLC below 5% of voting rights, indicating a potential change in investor sentiment or strategy.
Full articleSummary: Brinks Co (BCO), Comfort Systems USA Inc (FIX), and United Parcel Service Inc (UPS) will trade ex-dividend for their upcoming dividends on 5/10/24. Dividends range from $0.2425 to $1.63 per share.
Full articleSummary: Alphabet stock is rebounding with a 59% rise over the past year, transitioning from growth to value investment, focusing on generative AI and cloud services, with cost-cutting efforts leading to improved operating performance. Management expects AI and cloud computing to be key growth drivers in the future.
Full articleSummary: IBM and SAP announced a collaboration for new generative AI capabilities and industry-specific cloud solutions.
Full articleSummary: Emerson reported strong second-quarter results for fiscal 2024, with sales growth, margin expansion, and earnings exceeding expectations. The company updated its outlook for the full year 2024, expecting significant net sales and earnings growth compared to the previous year. Emerson also declared a quarterly cash dividend of $0.525 per share of common stock.
Full articleSummary: Pfizer agrees to settle over 10,000 lawsuits related to cancer risks from heartburn drug Zantac, but exposure to claims not completely resolved. Financial details of deals not disclosed.
Full articleSummary: President Joe Biden announced a $3.3 billion AI data center investment by Microsoft in Wisconsin, criticizing Trump's failed Foxconn project. The investment aims to create jobs and opportunities for residents.
Full articleSummary: Charter Communications, Inc. Class A (CHTR) stock is currently trading at $283.93, up $15.93 or 5.94%. It is on pace for its highest close since April 1, 2024. The stock is up 10.94% month-to-date and has shown positive momentum by being up five of the past six days.
Full articleSummary: Reports reveal that McDonald's drive-thrus have 'hidden' cameras to take photos of customers after placing orders, aiming to link the image with the correct order. Employees can hear customers from the moment they pull up to the speaker until they drive away, as sound triggers the audio input.
Full articleSummary: PayPal is going through a transition year under a new CEO with plans to improve checkout experience and expand globally. Investors are cautioned about potential challenges ahead but are presented with an opportunity to invest at a reasonable valuation.
Full articleSummary: Danaher (DHR) has been listed as one of the most searched stocks on Zacks.com. The industrial and medical device maker's stock performance has been slightly negative recently, but its outlook is being influenced by factors like earnings estimate revisions, revenue growth forecast, and valuation. Danaher is currently rated as a Zacks Rank #3 (Hold), and its valuation metrics suggest it is trading at a premium to its peers.
Full articleSummary: The Apple Watch's Atrial Fibrillation History feature has received a new qualification from the FDA under the Medical Device Development Tools program, making it a valuable tool for medical device companies showcasing the benefits of cardiac procedures.
Full articleSummary: Citigroup sold shares of Vodafone Idea worth over Rs 233 crore through an open market transaction. Ghisallo Master Fund LP acquired the shares at the same price. Shares of Vodafone Idea jumped 2.67% on Wednesday.
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