Summary: Analysts have released ratings for MetLife (MET) showing a wide range of perspectives from bullish to bearish, with varying changes in price targets, reflecting an overall positive trend. Recent actions by key analysts include both raises and lowers in ratings and price targets.
Full articleSummary: Gilead Sciences partners with the government of Mauritius to provide low-cost treatment for hepatitis C, leading to successful elimination of the disease in the region.
Full articleSummary: LTIMindtree collaborates with IBM to establish a Generative AI Center of Excellence in India, focusing on building solutions to accelerate generative AI adoption for clients.
Full articleSummary: Fisher Asset Management LLC increased its holdings in Bristol-Myers Squibb by 130.7% in the 4th quarter, as per its Form 13F filing. Other large investors also made significant changes to their positions. Analysts have given various ratings to BMY, with mostly hold recommendations.
Full articleSummary: Boeing's Starliner launch was scrubbed due to trouble with a valve in the rocket's upper stage, engineers are analyzing the data to reschedule the launch for Friday aimed at sending two NASA astronauts to the International Space Station.
Full articleSummary: Broadcom has ended Amazon Web Services' right to resell VMware Cloud on AWS, leading to a direct relationship only with VMware. Customers who purchased VMware Cloud on AWS from AWS will now work with Broadcom for renewals and expansions. Microsoft's attempt to attract disaffected VMware customers with Azure VMware Solution is not as significantly appealing as initially thought.
Full articleSummary: Newsweek provides a comprehensive guide to maximizing the value of Capital One miles by transferring them to travel partners or redeeming them for statement credits. The key is to understand the various redemption options and how they impact the value of the miles.
Full articleSummary: Honeywell sees Brazil as a country with a lot of assets for the development of Sustainable Aviation Fuel (SAF). It is expected to close six more technology supply projects in the country, primarily involving SAF or biofuels.
Full articleSummary: Simon Property Group, Inc. reported positive first quarter 2024 results with funds from operation exceeding expectations, growth in rental income, and a strong leasing momentum. The company also successfully sold its remaining interest in Authentic Brands Group generating substantial value. They increased their range of full year guidance for 2024.
Full articleSummary: NRG Energy, Inc. reported first-quarter earnings of 80 cents per share, beating the Zacks Consensus Estimate. Despite a decline in bottom line from the year-ago quarter, total revenues decreased by 3.8%. The company recorded adjusted EBITDA of $849 million, representing a 31.4% increase from a year ago.
Full articleSummary: The global Concentrating Solar Power Market, valued at USD 5.48 billion in 2024, is projected to reach USD 18.8 billion by 2030, growing at a CAGR of 16.63% during the forecast period of 2024-2032.
Full articleSummary: Shiba Inu's price surged 25% following the integration of Paypal and MoonPay, enabling easier access for US customers to purchase SHIB tokens.
Full articleSummary: JBG SMITH Properties (JBGS), The Charles Schwab Corporation (SCHW), and SouthState Corp (SSB) will all trade ex-dividend for their upcoming dividends on 5/9/24. JBGS will pay $0.175, SCHW will pay $0.25, and SSB will pay $0.52. Expected stock price declines are approximately 1.17% for JBGS, 0.33% for SCHW, and 0.65% for SSB.
Full articleSummary: Wintrust-Macatawa deal is expected to have a smooth approval process, offering hope for banks considering M&A despite regulatory concerns.
Full articleSummary: Boeing is facing a new investigation by US regulators regarding potentially falsifying aircraft records and failing to complete required inspections on its 787 Dreamliner planes.
Full articleSummary: International Assets Investment Management LLC trimmed its holdings in Capital One Financial Co. by 54.0% in the fourth quarter. Several other institutional investors and hedge funds have bought and sold shares of the stock. Insider Timothy P. Golden sold shares in the company. Analyst ratings have mostly been 'Hold'. Capital One Financial trading was up 0.6%.
Full articleSummary: Exodus Movement, the software developer behind the Exodus Wallet for Bitcoin, received approval to list its common stock on the NYSE American. The company's common stock is tokenized on the Algorand blockchain, making it the only U.S. company with this feature. The stock will start trading on May 9th.
Full articleSummary: Warren Buffett, the legendary investor, developed his fascination with business and investing at a young age, honing his philosophy under Benjamin Graham and transforming Berkshire Hathaway into a diversified holding company. His net worth as of April 2024 is estimated to be $132.4 billion.
Full articleSummary: NVIDIA has a strategy of favoring high-end GPUs in their releases, with the RTX 4080 failing to attract attention due to its price-to-performance ratio. They may lead with the release of the RTX 5080 priced at $999, aiming for high performance and consumer appeal.
Full articleSummary: Citigroup conducted a survey in Macau, noting a significant increase in bets compared to the previous year, with Galaxy Entertainment and Sands China benefiting from increased visitors. Meanwhile, JP Morgan estimated that gross gaming revenue (GGR) for the Labour Day holiday period exceeded initial forecasts, with a faster rebound in mass GGR compared to recent trends.
Full articleSummary: Citigroup is seeking to find a way for the U.S. government to sell part of its 34 percent ownership in the bank, potentially raising $5 billion through new shares issuance and generating profit for the government.
Full articleSummary: PayPal si concentra sulle imprese di ridotte dimensioni per offrire nuove opportunità nel settore dei sistemi di pagamento, introducendo PayPal Complete Payments per consentire alle piccole imprese in Italia di accettare diversi metodi di pagamento tramite PayPal come fornitore unico di servizi di pagamento.
Full articleSummary: Boeing faces new whistleblower testimonies amid recent deaths but sees its shares up by nearly 2%. The company is also dealing with union troubles as it locks out unionized firefighters for the first time in over 40 years.
Full articleSummary: Citigroup Global Markets Limited has increased its stake in Pinewood Technologies Group PLC, impacting voting rights and potentially attracting investor interest.
Full articleSummary: Investor sentiment has somewhat improved due to better-than-expected Q1 earnings season for S&P 500-listed companies. Majority of companies reported quarterly EPS above forecasts, with earnings beating estimates by 7.5%, supporting bullish view towards market fundamentals. Citigroup analysts recommend 3 stocks: Ford Motor Company (F), Mobileye Global (MBLY), and Schrodinger (SDGR).
Full articleSummary: ConocoPhillips is expanding its LNG portfolio by signing more offtake deals and securing additional regasification capacities worldwide, including in Australia, the Gulf Coast, North America, Europe, and potential future expansions in Qatar.
Full articleSummary: Warren Buffett, CEO of Berkshire Hathaway, has been consistently selling equities over the past 18 months, totaling $56.09 billion, signaling potential concerns about the overpriced stock market and irrational behaviors of participants. Buffett's historical success is attributed to his patience and ability to capitalize on economic downturns.
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