Summary: Lowe’s Companies Inc. shifted over 80,000 analog in-store security cameras to a digital system in collaboration with Axis Communications, using a mix of Axis cameras and the Genetec video management system.
Full articleSummary: Former Cisco Systems CEO John Chambers, now founder and CEO of JC2 Ventures, shares insights on leadership, tech industry trends, and the rise of artificial intelligence in a recent interview. He compares the current AI landscape to the tech bubble, highlighting potential challenges and opportunities.
Full articleSummary: Intel plans to launch a total of 13 CPUs in its Arrow Lake-S 'Core Ultra 200' Desktop CPU lineup, with details about different SKUs for the 'K' series and Non-K chips revealed. The lineup includes processors with different TDPs and core configurations.
Full articleSummary: Starbucks' shares plunged nearly 16% due to underperformance, with a 35% drop in the last year. Weakness in key markets like the US and China, attributed to economic concerns, consumer behavior changes, and recent controversies.
Full articleSummary: Thermo Fisher Scientific (NYSE: TMO) acquired CorEvitas from Audax Private Equity in a $912.5 million all-cash transaction to enhance its clinical research business with real-world evidence services.
Full articleSummary: Shares of Colgate-Palmolive (India) Ltd. traded 1.28% higher at Rs 2829.55 at 11:16AM on Monday with positive details about its earnings per share, price-to-book value, and stakeholder ownership.
Full articleSummary: Citigroup's recent Premium Mass table survey in Macau indicates that Galaxy Entertainment and Sands China, with the most hotel rooms, benefit the most from holiday crowds. The survey results reveal an increase in total wager amount and number of premium mass players during the Labor Day holiday compared to last year's period, with improvements in the quality of premium mass players observed.
Full articleSummary: The increasing power demands of artificial intelligence operations are benefiting utilities and energy companies, with the S&P 500's utilities sector outperforming the benchmark index. Analysts predict a potential 20 percent increase in U.S. electricity demand by 2030 due to the energy requirements of A.I.
Full articleSummary: NextEra Energy appoints Kirk Crews as EVP and Chief Risk Officer, while Brian Bolster to take over as CFO. Bolster will receive a generous compensation package.
Full articleSummary: Microsoft has linked executive compensation to the company's security performance in a move to address cybersecurity concerns and prioritize security above all. The initiative, Secure Future Initiative (SFI), has been expanded to affect executives' pay, reflecting the company's goal of proactive cybersecurity response.
Full articleSummary: Apple is expected to release four new iPad models, including the iPad Pro 2024 and the iPad Air 2024 with possible upgrades to OLED displays and new chips. The new devices may feature improved multitasking, new software, and a sturdier design for the Magic Keyboard.
Full articleSummary: Treasury yields fell towards their lowest levels in nearly a month as hopes for multiple Federal Reserve interest-rate cuts later this year increased demand for bonds.
Full articleSummary: KULR Technology Group, Inc. has announced its regaining of compliance with NYSE American’s continued listing standards. The company resolved the deficiency related to the low selling price of its common stock by demonstrating sustained price improvement.
Full articleSummary: Apple updated its homepage with a last-minute teaser ahead of the upcoming event where the new lineup of iPad Pro and iPad Air is expected to be announced, including new Magic Pencil and Magic Keyboard with exciting features.
Full articleSummary: JLL reported Q1 CY2024 results well above Wall Street analysts' expectations with revenue up 8.7% year on year to $5.12 billion and non-GAAP profit of $1.78 per share.
Full articleSummary: Intel is introducing a new naming scheme for its upcoming Arrow Lake desktop processors, shifting from 'Core i' branding to 'Core Ultra 200' series.
Full articleSummary: US stocks ended last week on a high note after a weaker-than-expected April jobs report boosted optimism that the Federal Reserve could soon lower interest rates. Major indices including Dow Jones, S&P 500, and Nasdaq all posted gains following the positive economic data. Big Tech companies like Google and Apple led major buyback efforts, while public cloud trends and investments in AI continued to show robust optimism.
Full articleSummary: US stocks ended last week on a high note after a weaker-than-expected April jobs report boosted optimism that the Federal Reserve could soon lower interest rates. Major indices saw gains and the nonfarm payrolls report showed lower job creation than forecasted. Earnings season continues with positive outlook for US companies, particularly Big Tech players.
Full articleSummary: Nike has successfully launched a new marketing campaign around San Antonio Spurs center Victor Wembanyama, capitalizing on his 'alien-like' stature and unique playing style, which has garnered significant attention and praise.
Full articleSummary: Billionaires are selling Nvidia stock and reallocating capital to high-growth index funds Invesco QQQ Trust (NASDAQ: QQQ) and iShares U.S. Technology ETF (NYSEMKT: IYW). Both these index funds have outperformed the S&P 500 over the last decade, with Invesco QQQ Trust returning 440% and iShares U.S. Technology ETF soaring 528%. Index funds are heavily weighted towards information technology and consumer discretionary sectors.
Full articleSummary: NextEra Energy appointed Brian Bolster as their new CFO, replacing Kirk Crews who will become the executive vice president and chief risk officer.
Full articleSummary: Elon Musk suggests Warren Buffett should take stake in Tesla, Warren Buffett mentioned Tesla in annual meeting, Berkshire Hathaway expects 'modest growth' in operating earnings
Full articleSummary: Elon Musk suggested Warren Buffett should take a stake in Tesla Inc. Warren Buffett also discussed Tesla at an annual meeting recently.
Full articleSummary: Financial sector companies like Coinbase Global, Capital One Financial, and Essent Group were analyzed by analysts. Recommendations included a Sell rating for Coinbase Global, a Hold rating for Capital One Financial, and a Buy rating for Essent Group from Barclays analysts.
Full articleSummary: Exodus Movement, Inc. announced the approval for listing its common stock on the NYSE American stock exchange under the same symbol 'EXOD'. The uplisting is expected to increase the company's presence within the investor community and enhance liquidity.
Full articleSummary: Analysts have provided new ratings on Bank of New York Mellon Corporation (BK), Toronto Dominion Bank (TD), and TMX Group (TMXXF). Barclays analyst Jason Goldberg maintained a Buy rating on BK with a price target of $68.00. Brian Morton from Barclays kept a Hold rating on TD with a price target of C$90.00. Benjamin Budish from Barclays also maintained a Hold rating on TMXXF with a price target of C$38.00.
Full articleSummary: Medtronic (NYSE:MDT) is not showing strong trends in terms of return on capital employed (ROCE) and capital employed, indicating a lack of reinvestment opportunities and potential for substantial growth. The stock has only returned 6.7% to shareholders in the last five years, suggesting awareness of these lackluster trends.
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