Summary: American Tower (AMT) received a Zacks Rank upgrade to Buy on account of positive earnings outlook, indicating potential buying pressure and stock price increase.
Full articleSummary: Annovis Bio Inc. will participate in the H.C. Wainwright 26th Annual Global Investment Conference with a company presentation by Dr. Maccecchini discussing recent advancements and strategic direction, followed by a panel discussion on innovative non-amyloid approaches in Alzheimer’s disease.
Full articleSummary: C3.ai (NYSE:AI) reported Q2 sales in line with estimates, but the stock dropped 16.3%. Despite a solid revenue growth, the full-year sales and adjusted operating income guidance fell short of estimates.
Full articleSummary: Microsoft released Loop 2.0, the first major update to its component-based collaborative productivity solution with new features such as custom in-app notifications, easier sharing options, collapsible section headers, custom templates, and more.
Full articleSummary: Google has released security fixes for a high-severity security flaw in its Chrome browser, tracked as CVE-2024-7971, a type confusion bug in the V8 engine. Microsoft discovered and reported the flaw, and Google has addressed nine zero-days in Chrome since the beginning of 2024.
Full articleSummary: Bitget, the leading cryptocurrency exchange, has added trading support for PayPal's PYUSD stablecoin on the Solana blockchain, increasing availability of multichain tokens and enabling smooth transactions on multiple blockchain networks.
Full articleSummary: JD.com Inc. shares poised to rebound after Walmart sells stake, JPMorgan Chase & Co. remains positive on e-commerce firm's fundamentals.
Full articleSummary: Starbucks new boss facing backlash for planning a 1,000-mile commute using a corporate jet from California to Seattle.
Full articleSummary: Warren Buffett's firm, Berkshire Hathaway, reduced its stake in Bank of America Corp by selling 13,968,943 shares, impacting its portfolio by -0.2%. Despite this, Bank of America maintains a strong financial standing, with a GF Score of 80/100 and positive year-to-date price performance. The banking industry remains competitive, with notable investors like Dodge & Cox, Ken Fisher, and Richard Pzena holding significant stakes.
Full articleSummary: Boeing has paused flight testing of its 777X aircraft due to a structural issue with a custom component. The company is replacing the faulty part, inspecting the test fleet, and preparing to resume testing.
Full articleSummary: Chevron plans to invest $989.20M in building its largest tech center outside the United States in Bengaluru, India, creating 600 engineering jobs.
Full articleSummary: Ford announces the scrapping of its three-row electric SUV production, delays the opening of a new EV plant, and shifts focus to hybrid models.
Full articleSummary: Starbucks announces the return of its fall menu, including the Pumpkin Spice Latte, along with new and old favorites. Starbucks Reserve locations will also feature special fall items like the Pumpkin Spice Whiskey Barrel-Aged Cold Brew and Pumpkin Spice Chai Martini. Small businesses are working on sustainable coffee products.
Full articleSummary: Google has introduced a new crawler, Google-CloudVertexBot, for their Vertex AI product to ingest website content for commercial clients. The purpose and scope of this new crawler have caused confusion due to discrepancies in the documentation.
Full articleSummary: JD.com Inc. shares are poised to rebound following Walmart Inc.’s decision to sell a stake in the company, as the move doesn’t affect the e-commerce firm’s positive fundamentals.
Full articleSummary: US banks took divergent paths in restructuring their available-for-sale (AFS) security portfolios in the second quarter, with some institutions increasing their holdings while others made substantial cuts. Despite the contrasting strategies, the aggregate amount of AFS securities still marked a modest rise for the third consecutive quarter. Among the 43 banks analysed by Risk Quantum, JP Morgan made the largest absolute increase, adding $30.1 billion of AFS securities – a 12.8% rise.
Full articleSummary: Disney has reversed its controversial legal strategy and allowed the wrongful death suit filed by Jeffrey Piccolo on behalf of his late wife to proceed in court after facing public criticism.
Full articleSummary: Nike is releasing the Kobe 9 Elite Protro 'Halo' in men's and GS sizes on August 23rd, featuring Nike React in the midsole and new exterior grip underfoot.
Full articleSummary: A 23-year-old man from Slidell was arrested for locking the front doors of a Starbucks, trying to trap customers and employees inside.
Full articleSummary: Penfield Partners, LLC has withdrawn its sketch plan application to build a Costco in Penfield due to needing time to review feedback received. They plan to submit a new application in the future.
Full articleSummary: Concerns are arising over the construction of a Chevron Gas Station in Harvest, leading to worries about safety due to increased traffic near a high school and potential decrease in property values in nearby neighborhoods.
Full articleSummary: Jerod Mayo states Jacoby Brissett is Patriots' QB1 with competition from Drake Maye. Vederian Lowe, Patriots' starting left tackle, leaves practice early due to injury, leaving offensive line thinner.
Full articleSummary: Lucid CEO Peter Rawlinson expresses optimism about the pre-ordering of the Lucid Gravity SUV and highlights its significant market potential compared to the Air sedan. He also believes Lucid has surpassed Tesla in terms of technology.
Full articleSummary: ABI Research released a Competitive Ranking report evaluating Energy Management System providers, placing Siemens as the leader followed by Schneider Electric and Honeywell. The report emphasizes the significance of AI and digital technologies in maximizing cost savings and energy efficiency within the energy system.
Full articleSummary: A bill passed in the California Senate allowing alcohol sales until 4 a.m. in an exclusive venue within Steve Ballmer's Intuit Dome in Inglewood, new home of the Los Angeles Clippers.
Full articleSummary: Mr. Christoph Bruening, the founder of Value Relations GmbH, will be joining the board of directors of Oracle Energy Corp. He has over 25 years of experience in investor relations and has listed over 600 companies on the Frankfurt Stock Exchange. He is also known for organizing conferences and road shows in Germany and Europe.
Full articleSummary: Citigroup Inc. is a global banking group with activities in corporate and investment banking, commercial banking, and other services such as private banking. It managed substantial amounts in current deposits and loans at the end of 2023.
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