Summary: Apple revealed the new 2024 iPad Pro with impressive capabilities, such as syncing multiple iPhone and iPad cameras and rivalling Mac Pro for creatives, at a cost ranging from $2,000 to $3,000. The price increase has made it seem overkill for those not using its full potential, leaving individuals like the author questioning if they are 'mad enough' to invest in one.
Full articleSummary: COCA-COLA WEST is expected to release its Q1 figures on May 8. Analysts forecast losses per share of ¥17.991, an improvement from the previous year. Revenue is expected to increase by 4.58% to ¥190.39 billion.
Full articleSummary: Charter Communications (NASDAQ:CHTR) has shown impressive growth in its Return on Capital Employed (ROCE) of 162% over the last five years, indicating higher returns from the same capital employed, potentially making it a good investment for the long term.
Full articleSummary: Medtronic (MDT) closed slightly higher at $102.55, lagging behind the S&P 500's daily gain. The company is expected to release its earnings on August 20, with analysts anticipating $1.18 per share. Recent estimate changes are seen as a positive sign for the company's business outlook.
Full articleSummary: Colgate-Palmolive (India) Ltd.'s share price gained 3.08% to Rs 2948.0 with a total traded volume and turnover of 10:10AM shares and Rs 4.78 crore, respectively. The company reported a decrease in net sales but an increase in profit for the latest quarter compared to the previous quarter and the year-ago quarter.
Full articleSummary: Oracle is planning to release its own AI coding assistant called Code Assist, specialized for Java, Oracle database coding, NetSuite scripting, and Oracle Cloud Infrastructure. The tool will have features like code suggestions, documentation generation, code explanations, code reviews, and a chat feature.
Full articleSummary: Boeing admitted to falsifying records related to the inspection of its 787 Dreamliner plane, leading to new federal investigations by the Federal Aviation Administration and reports of record falsification by employees at its assembly plant in North Charleston, S.C.
Full articleSummary: Zacks Style Scores provide guidelines to rate stocks based on value, growth, and momentum, helping investors narrow down stock selections. Target (TGT) is highlighted for its strong value fundamentals and positive earnings performance.
Full articleSummary: Microsoft Corp. has deployed a generative AI model entirely separated from the internet onto an 'air-gapped' environment to provide secure analysis of top-secret information for US intelligence agencies.
Full articleSummary: Chevron CEO expresses concerns over Ukraine situation, highlights impact on oil industry; company less exposed to Russia risks; plans to increase output in U.S. Permian shale basin; increasing spending on cybersecurity; emphasis on importance of Caspian Pipeline Consortium for world oil supply.
Full articleSummary: Chevron is sending two oil tankers to Venezuela, one of which will load the first cargo of crude destined for the United States in nearly four years, as part of the new license issued by the U.S. last month to Chevron, allowing expanded operations in Venezuela.
Full articleSummary: Target is opening a new store in Logan, Utah at the site of the former Cache Valley Mall. The store will fulfill the requirement for a big-box retailer at the mall site which is undergoing redevelopment.
Full articleSummary: JPMorgan Chase & Co. has initiated a new round of layoffs in Asia, cutting at least seven investment-banking jobs, impacting staff at vice president and associate levels across sectors such as consumer, energy, and health care.
Full articleSummary: Boeing's Starliner spaceship's first crewed flight was called off due to a new safety issue, pushing back the mission to the International Space Station, facing additional delays and challenges for Boeing.
Full articleSummary: Microsoft is closing four studios it acquired when it bought Bethesda, including Arkane Austin, Tango Gameworks, Alpha Dog Studios, and Roundhouse Games. There is a focus on streamlining projects and investing in existing IP, leading to layoffs across support teams, corporate, and publishing.
Full articleSummary: Danaher Corp declared a dividend of $0.2700 per share payable on July 26, 2024, with a current dividend yield of 0.4365400374% and 6 successive years of dividend increases. The company operates in the sectors of biotechnology, life sciences, diagnostics, and environmental solutions.
Full articleSummary: Lowe's Companies, Inc. (NYSE:LOW) shares saw a notable 15% decline post its yearly report, despite meeting revenue and earnings estimates. Analysts are slightly negative post-earnings with a minor downgrade in EPS forecasts for 2021. Revenue growth is expected to slow down to 2.9%, below the industry average of 5.7% per year.
Full articleSummary: Google has launched the Pixel 8a with trade-in offers, including offering the device for free with select trade-ins and up to $500 off with high-end devices. Best Buy and Amazon are also offering deals on the Pixel 8a.
Full articleSummary: IBM closed higher by 1.48% than the prior day, outperforming the S&P 500 and showing a positive month-over-month trend. Analysts expect a year-over-year decline in earnings for IBM's next report, with a Zacks Rank of #3 (Hold). Additionally, IBM's valuation metrics and industry rankings are discussed.
Full articleSummary: Crayon appointed as authorised Cloud Commerce Manager for Broadcom in Asia Pacific.
Full articleSummary: Pfizer has paused its trial of a drug for a rare muscle-wasting disease after a child died suddenly. The drug, fordadistrogene movaparvovec, was being tested for Duchenne muscular dystrophy, a rare disease primarily affecting boys. Pfizer is investigating the death while protecting the safety of participants. The market for DMD treatments is significant, with a competing gene therapy costing around $3 million for a single dose.
Full articleSummary: Thermo Fisher Scientific Inc. (TMO) is gaining investors' confidence due to the performance of the company's end markets and growth strategy. The acquisition of PPD seems strategic, but competitive pressure and weak solvency are concerns. Estimate trend has been negative for 2023.
Full articleSummary: Tesla is experiencing another round of layoffs, with employees from software, services, and engineering departments being affected. The termination letters were sent to personal email addresses instead of work emails, with access to company systems and physical locations being revoked immediately.
Full articleSummary: Apple announces the M4 chip for the new iPad Pro, focusing on AI capabilities and performance improvements. The chip is 60 times faster than the A11 chip and aims to deliver PC-like performance with lower power consumption. Apple did not disclose the core count of the NPU in the M4.
Full articleSummary: The podcast discussed the recent earnings report of PayPal and Kinsale, a specialty insurance company. PayPal saw growth in revenue and earnings, changes in management, and improvements in efficiency under the new CEO. Kinsale faced a slowdown in premium growth and an increase in investment income, leading to a lukewarm market reaction.
Full articleSummary: Deere (DE) has strong valuation and earnings metrics, with a Value Style Score of B and VGM Score of B, making it an attractive stock for value-focused investors.
Full articleSummary: Rosen Law Firm announces filing of a class action lawsuit on behalf of purchasers of securities of Intel Corporation due to alleged false/misleading statements by defendants during a specific period which led to damages for investors.
Full article