Summary: Apple unveiled the new iPad Air with M2 processors in 11-inch and 13-inch sizes, offering faster performance and more storage options compared to its predecessor. It also supports the Apple Pencil Pro and features a redesigned front camera placement.
Full articleSummary: Warren Buffett disclosed selling approximately 115 million shares of Apple and all 63.3 million shares of Paramount Global during the first quarter. He also appears to have sold around 3 million shares of Chevron. Despite the sales, Apple remains a long-term holding for Berkshire Hathaway.
Full articleSummary: Intel has made advancements in realizing silicon-based quantum processors by optimizing fabrication processes and developing a method to test individual devices across full 300mm wafers, moving closer to its goal of powering fault-tolerant quantum computers. These advancements involve a cryogenic wafer prober for testing purposes and high device yield with cryoprober testing enabling easier study and improvement of spin qubits.
Full articleSummary: Intel plans to partner with 14 Japanese companies to develop technology for back-end chipmaking processes in an effort to automate and improve performance. The group will invest substantial funds to have the technologies ready by 2028, aiming for full automation and standardization of back-end technology.
Full articleSummary: Atria Wealth Solutions Inc. reduced its holdings in BlackRock Innovation and Growth Term Trust by 6.5% during the 4th quarter. Insider buying activities were reported, with major shareholder Saba Capital Management, L.P. acquiring a significant number of shares. The firm also announced a cut in its dividend payments.
Full articleSummary: American Tower Corporation (AMT) is poised to beat estimates at the upcoming earnings season as analysts have recently raised their earnings estimates, giving the stock a positive Zacks Earnings ESP of +1.71%.
Full articleSummary: Honeywell introduced a new NEP process that improves light olefin production efficiency and reduces CO2 emissions, resulting in increased Net Cash Margin and reduced CO2 intensity per metric ton of light olefins produced. This innovation aligns with Honeywell's focus on energy transition and provides more efficient production of ethylene and propylene.
Full articleSummary: Costco releases new Kirkland Signature Parmesan and Cracked Black Pepper Chicken Sausage, generating excitement among fans. The fully cooked 3-pound package comes with 18 sausage links, perfect for summer dinners.
Full articleSummary: Alphabet (GOOG, GOOGL) is utilizing artificial intelligence to enhance the customer experience. The Motley Fool Stock Advisor analyst team did not include Alphabet in their list of 10 best stocks for investors, suggesting other stocks for potential high returns.
Full articleSummary: Some Day 3 picks in the NFL draft could emerge as fantasy stars, including players like RB Kimani Vidal, RB Tyrone Tracy, RB Dylan Laube, WR Devontez Walker, and WR Jacob Cowing. These players have strong metrics and potential to contribute to their respective teams.
Full articleSummary: MetLife had its price target lowered by Piper Sandler and other analysts recently. The company declared a $3 billion stock repurchase program. Insiders have been selling company shares, while institutional investors have made changes to their positions.
Full articleSummary: Warren Buffett's Berkshire Hathaway sold around 115 million shares of Apple in the first quarter due to potential corporate tax rate changes; disclosed selling all shares of Paramount Global after facing challenges in its streaming segment and advertising landscape; reduced Chevron stake by around 3 million shares in the first quarter but remained optimistic about its long-term prospects.
Full articleSummary: Tesla has introduced an improved media player for its Model 3 and Model Y vehicles in update 2024.14, reducing the number of states to two and providing one-tap access to shuffle, repeat, and search functions, along with an improved progress bar. The new player features a minimalist version that docks to the bottom of the screen and has a modern UI with a translucent background. The update is currently limited to AMD Ryzen-based Model 3 and Model Y vehicles, with potential for Intel Atom support in the future.
Full articleSummary: Meta is testing a new feature allowing users to cross-post photos from Instagram to Threads, aiming to boost engagement on the platform.
Full articleSummary: Cisco has scheduled a conference call to announce its third quarter fiscal year 2024 financial results for the period ending Saturday, April 27, 2024.
Full articleSummary: Liberty Mutual has backed out of potential litigation insurance deals after a $1.6 billion judgment was reversed, leading to adjustments in judgment preservation insurance industry and increasing costs for insurers. The judgment involved the suit between BMC Software and IBM. IBM successfully appealed the decision, leaving Liberty and other insurers responsible for the coverage.
Full articleSummary: Google Wallet will now be available to Android users in India to bring a new level of convenience to the Android experience.
Full articleSummary: Pharma company Pfizer is claiming $75 million from the U.S. SEC's $600 million settlement with SAC Capital due to being victimized by SAC's insider trading, arguing that Wyeth and Pfizer were also victims of the scheme. Pfizer's lawyers are pushing for the remaining settlement proceeds to be paid to Wyeth, which was a victim of the conduct at issue.
Full articleSummary: Colgate-Palmolive warns of potential challenges in meeting its 2025 targets for recyclable, reusable, and compostable packaging, citing issues with flexible packaging; the company's progress on this front has shown improvement but remains short of the final goal; concerns are raised surrounding the ability of various organizations to meet sustainable packaging commitments for 2025.
Full articleSummary: Colgate-Palmolive (India) Ltd. stock traded lower at Rs 2827.25 on BSE, with 52-week low of Rs 1563.2 and high of Rs 2961.15. It had a gap up opening and a total of 5,927 lakh shares exchanged hands by 02:00PM (IST).
Full articleSummary: Coherent Market Insights introduces new research on the Cardiac Pacemaker Market covering the micro level of analysis by competitors and key business segments. The report provides insights into emerging trends, future opportunities, market dynamics, and factors contributing to growth. It also includes a segmentation analysis by product type, implantability, and end user.
Full articleSummary: Danaher Corporation announced that President and CEO will be presenting at the Bank of America Securities Health Care Conference in Las Vegas.
Full articleSummary: Tesla CEO Elon Musk commented on the limited usefulness of the distance driven in training the Full Self-Driving (FSD) neural network, highlighting the need for increased validation in the system's development.
Full articleSummary: Deepwater Asset Management's Doug Clinton discusses the bullish case for Meta (Meta Platforms Inc.) and emphasizes that the growth of AI is not overhyped.
Full articleSummary: Sure Business has been granted Premier Tier Partner status for VMware by Broadcom in the Channel Islands and the Isle of Man, allowing them to provide customers with licenses and advice on critical digital infrastructure. This partnership will enhance Sure Business's portfolio of Cloud products, offering private, hybrid, and multi-Cloud options tailored to individual customer needs.
Full articleSummary: Costco Wholesale received an 'outperform' rating by Telsey Advisory Group with a $800.00 price target, indicating a 3.72% potential upside. Several other analysts have also given positive ratings on the stock. Costco reported strong earnings results, beating analysts' expectations and showing growth in revenue. Insider activity includes significant selling by executives. Large institutional investors have been increasing their stakes in the company.
Full articleSummary: Edinburgh University is facing ongoing issues with mis-coded transactions of over £300,000 in spending related to the Oracle HR and finance implementation. The problems are attributed to the People and Money (P&M) system, leading to inefficiencies and confusion within the institution. An independent report highlighted warning signs that were missed before the implementation.
Full article