Summary: Elon Musk criticizes Boeing on Twitter for losing the commercial crew space race to SpaceX, highlighting SpaceX's faster and cheaper accomplishments in flying astronauts to the ISS, Boeing's delays and cost overruns, and the shift in NASA's approach to fostering a competitive space economy.
Full articleSummary: Apple unveils new M4 chip with improved AI and machine learning capabilities, available first on the new 11- and 13-inch iPad Pros.
Full articleSummary: The FDA will convene a meeting next month to discuss Eli Lilly and Co’s donanemab for early symptomatic Alzheimer’s disease, including its safety and efficacy implications. Lilly released promising results from the Phase 3 study of donanemab last year.
Full articleSummary: Apple has announced the launch of a new 13-inch iPad Air with significant improvements in display, camera, sound quality, and performance, powered by the M2 chip.
Full articleSummary: Gold prices hitting all-time highs have led to a buying spree for gold bars at Costco, with Wells Fargo analysts forecasting revenue between $100 million and $200 million per month. Selling gold at pawn shops, with high markup percentages, is advised against due to better offers from online gold dealers. Investors are urged to research current spot prices and identify reputable gold dealers for higher returns.
Full articleSummary: Nvidia is expected to launch its next-generation Blackwell GPUs this year with the RTX5080 coming before the flagship RTX 5090. There are conflicting rumors regarding the launch schedule, but reliable sources suggest the RTX 5080 will come first followed by the RTX 5090. Nvidia might be holding off on revealing the flagship GPU specs to maintain a competitive edge over AMD.
Full articleSummary: Starbucks shares have plummeted over 17% following a sales slump according to an earnings report. The company faced challenges adapting to a post-pandemic economy, backlash over controversy tied to the Israel-Hamas war, and a decline in revenue and same-store sales.
Full articleSummary: Disney reported combined streaming business of Disney+, Hulu, and ESPN+ nearly being profitable in the second quarter with revenues of $6.19 billion, operating loss of $18 million, and operating income of $47 million for Disney+ and Hulu. The company anticipates profitability in the fourth quarter and further improvements in the following year.
Full articleSummary: Fool.com contributor Parkev Tatevosian highlights five excellent artificial intelligence (AI) stocks investors can buy today. The Motley Fool Stock Advisor analyst team identified 10 best stocks for investors to buy now, but Nvidia wasn't one of them.
Full articleSummary: Apple announced new iPad Pro models with OLED displays, M4 chips, and a new Magic Keyboard as well as new iPad Air models with M2 chips and improved front-facing cameras. A new Apple Pencil Pro was also unveiled with haptic feedback and a gyroscope.
Full articleSummary: Palantir Technologies Inc. beat earnings expectations in Q1 2024 with an EPS of $0.08, higher than the expected $0.07728. The company reported revenue of $634 million, a 21% increase year-over-year, driven by the momentum of AIP and strong performance in US commercial business.
Full articleSummary: The article discusses the importance of Return On Equity (ROE) in analyzing a company's profitability, using PepsiCo, Inc. as an example. It explains how ROE is calculated, compares PepsiCo's ROE with the industry average, and highlights the impact of debt on ROE.
Full articleSummary: Citigroup upgraded their outlook for Gap from Neutral to Buy with an average one-year price target of 21.69, representing a decrease of 2.33%. The projected annual revenue is expected to increase by 12.21%. The dividend yield is currently at 1.05%.
Full articleSummary: Amgen's short percent of float has fallen 3.57% since its last report, and it has 10.11 million shares sold short, representing 1.89% of all regular shares. Traders would take 5.08 days to cover their short positions on average. Short interest is important as it can indicate market sentiment towards a stock.
Full articleSummary: Walt Disney slid over 4% despite beating earnings expectations, Hims & Hers Health surged 14% after posting strong revenue guidance, Palantir Technologies tumbled 11% due to weaker-than-expected guidance.
Full articleSummary: Johnson Controls appoints Chris Bontempo as VP and CMO, who joins from IBM. Bontempo will enhance digital capabilities to drive growth in commercial buildings solutions.
Full articleSummary: Apple introduces new iPad Pro and iPad Air models, powered by custom M4 and M2 processors respectively, with emphasis on AI capabilities, along with an upgraded Apple Pencil and Magic Keyboard.
Full articleSummary: Welch & Forbes LLC reduced its holdings in Capital One Financial Co. by 45.9% during the fourth quarter. A few other institutional investors also made changes in their positions. The company's stock traded slightly down during mid-day trading on Tuesday. Analysts have provided mixed ratings for the stock, with average rating being 'Hold' and a consensus price target of $138.50.
Full articleSummary: Chevron Co. director sold 5,098 shares, quarterly earnings were positive, dividend announced, several analysts upgraded price targets, institutional investors modified holdings.
Full articleSummary: Disney reported Q1 earnings in line with expectations, with revenue up 1.2% year on year to $22.08 billion, but made a GAAP loss of $0.01 per share. The company's free cash flow increased 172% from the previous quarter, but analysts predict a decrease in cash profitability over the next year.
Full articleSummary: Microsoft's Xbox division has announced the closure of four studios, including Arkane Austin, Tango Gameworks, Alpha Dog Games, and Roundhouse Games, to prioritize 'high-impact titles'. The decision aims to focus resources on Bethesda's games, leading to realignments and team departures.
Full articleSummary: McDonald's plans to launch a larger satiating burger, testing it in select markets before a global rollout, as part of their strategy to focus on affordability and attract customers looking for a good deal.
Full articleSummary: NVIDIA and MITRE collaborate to bring advanced computing capabilities to federal partners by installing DGX SuperPOD, aiming to advance federal research in AI applications and operations.
Full articleSummary: Inclusively and Salesforce have expanded their partnership to deepen accessibility resources and support by introducing a new AI interface for Salesforce employees. The AI tool will help employees easily find benefits to enhance their workplace experience.
Full articleSummary: DE LEON RUDY F, Director at General Dynamics Corp sold 2,570 shares of the company, part of a broader trend observed within the company. The insider transaction history for General Dynamics Corp shows 10 insider sells and 0 insider buys over the past year.
Full articleSummary: IBM partners with Red Hat to launch InstructLab, an open-source AI project aimed at providing a model-agnostic space for LLM development. This platform release coincides with the open-source launch of IBM's Granite models, previously only available for business use.
Full articleSummary: Comcast Business increases Internet speeds for customers with introduction of Ultimate Speed for Business and next-generation symmetrical Internet powered by Full Duplex technology.
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