Summary: Capital One Venture X Rewards Credit Card allows cardholders to add up to four authorized users for free, granting them access to airport lounges and other valuable perks. This benefit can potentially save cardholders thousands of dollars on airport lounge memberships.
Full articleSummary: Medtronic plc is a global leader in medical equipment manufacturing with a diversified product portfolio covering various medical sectors. The company's net sales are mainly driven by sectors like general surgery, cardiac rhythm management, vascular diseases, spinal disorders, neurovascular, ENT, pelvic diseases, diabetes management, and neurological disorders. Geographically, the United States contributes the most to their net sales.
Full articleSummary: Warren Buffett's firm, Berkshire Hathaway, cut its stake in Apple by 13% in Q1 2023 due to declining iPhone demand, despite Apple remaining its biggest holding. Apple stock rose sharply after its Q1 earnings report showed iPhone sales down in China not as bad as forecasted.
Full articleSummary: Tesla has discontinued the Model Y Rear-Wheel Drive variant and introduced the Long Range RWD variant. The new Long Range RWD variant offers a significant range boost at a slightly higher price. Additionally, there are potential range upgrades available for recent RWD Model Ys for an additional cost.
Full articleSummary: McDonald's Corporation is planning a round of layoffs as part of its initiative to reduce costs by $500 million. This restructuring aims to improve profitability amidst pressure on margins due to factors such as wage increases and health care costs.
Full articleSummary: Van Cleef Asset Management Inc bought a new position in NVIDIA Co., while several other hedge funds and institutional investors also increased their holdings in the company. NVIDIA also announced its quarterly earnings, beating the consensus estimate and reporting strong revenue growth. Insiders have been actively selling shares of NVIDIA. Additionally, analysts have set bullish price targets for the stock.
Full articleSummary: Motley Fool Asset Management LLC increased its position in NVIDIA Co., Other institutional investors have also modified their holdings, Analysts have issued positive ratings and price target increases for NVDA, NVIDIA reported strong earnings results in Q4 with a Net Margin of 48.85%
Full articleSummary: Meritage Portfolio Management increased its stake in NVIDIA Co. in the fourth quarter, along with other hedge funds and institutional investors making changes to their positions. NVIDIA announced a quarterly dividend. The stock performance of NVIDIA has been strong, with shares trading at $887.89 on Friday.
Full articleSummary: Boyd Watterson Asset Management LLC OH boosted its stake in Alphabet Inc., a number of institutional investors increased their positions in Alphabet, Wall Street analysts have a positive outlook on GOOGL shares, the company announced a quarterly dividend and reported better-than-expected quarterly earnings.
Full articleSummary: Nike is set to launch Matthew M Williams' ultra-chunky runner, the Nike Zoom MMW 6 TRD Run sneaker, featuring carbon fiber plates and Nike React foam for optimal performance and comfort. The sneakers will be available in black and grey colorways and launch on May 9 exclusively on ALYX's website.
Full articleSummary: Amazon.com Inc appointed former PepsiCo Inc CEO Indra Nooyi as a director, increasing diversity on its board with five women among eleven members.
Full articleSummary: Paramount Global (NASDAQ:PARA) had its price target lowered by Wells Fargo & Company and has received various ratings from different analysts. The company also reported positive earnings results, beating estimates, and announced a quarterly dividend. Hedge funds have been actively buying shares of PARA as well.
Full articleSummary: United Parcel Service (UPS) closed at $158.99, marking a -0.69% move from the previous day, lagging behind S&P 500 and Dow but outperforming Nasdaq. UPS is projected to report earnings of $2.10 per share on February 2, 2021, with an expected revenue increase of 10.77% compared to the year-ago period. UPS currently holds a Zacks Rank #3 (Hold).
Full articleSummary: Financial Advisors LLC increased its stake in JPMorgan Chase & Co. by 207.5% in the fourth quarter, with significant other hedge funds also adjusting their positions. JPMorgan Chase & Co. trading down 0.6%. Insider buying and selling occurred at JPMorgan Chase & Co. Analysts have set new price targets for the stock.
Full articleSummary: Moonpay partnered with PayPal to simplify and secure cryptocurrency transactions, bridging the gap between traditional finance and crypto, enhancing security and transparency, expanding reach and offering flexibility.
Full articleSummary: Wells Fargo faces a class action lawsuit for overcharging thousands of customers on credit card interest rates and fees, specifically active US military service members in violation of the Servicemembers Civil Relief Act.
Full articleSummary: Elon Musk's decision to lay off the majority of Tesla's Supercharger staff has thrown a wrench into President Joe Biden's plan for EVs, potentially impacting Tesla's ability to meet charging station targets and opening opportunities for other companies in the EV industry.
Full articleSummary: Russell Investments Group Ltd. increased its stake in JPMorgan Chase & Co. by 8.2% in the fourth quarter. Other institutional investors and hedge funds have also bought and sold shares of the company. JPMorgan Chase & Co. announced an increase in its dividend. Several equities research analysts have set new price targets for the stock.
Full articleSummary: Apple's Q2 2024 earnings showed a 17% decline in iPad revenue year-over-year, prompting the need for a reboot of the iPad range. Apple is planning a dedicated event on May 7 'Let Loose' to focus on iPad Pro and iPad Air. Experts suggest simplifying the iPad lineup to two models (iPad Pro and iPad Air) to streamline choices for consumers and to inject excitement back into the iPad market.
Full articleSummary: Union Pacific Railroad announced a new domestic intermodal service cutting transit time down to three days from Southern California to the Chicago area, with additional faster freight interchanges for other U.S. destinations.
Full articleSummary: Coinbase had an underwhelming quarter but received higher price targets from JPMorgan Chase. Despite revenue growth and raised price target by JPMorgan, COIN stock opened lower and fell after earnings, attributed to falling Bitcoin prices. Transaction revenue for the quarter doubled compared to a year ago. Big ETF days contributed to a 68% increase in trading volume for major coins.
Full articleSummary: Capital One Financial issued FY2026 earnings estimates for Chesapeake Energy, with expectations of $6.41 per share compared to the consensus estimate of $1.76 per share. The company recently reported earnings of $0.56 per share, missing the consensus estimate by $0.08. Chesapeake Energy received various price target and rating adjustments from analysts, with a consensus rating of 'Hold' and an average target price of $105.83.
Full articleSummary: Berkshire Hathaway reported adjusted first-quarter results in line with expectations, with operating revenue up excluding investment gains/losses, operating earnings up, and book value per share increased.
Full articleSummary: MoonPay partners with PayPal to enable US users to purchase cryptocurrencies like Shiba Inu directly within the platform, with plans for global expansion and potential selling functionality. This collaboration showcases growing mainstream acceptance of cryptocurrencies, focusing on increasing accessibility and simplifying the transaction process.
Full articleSummary: Warren Buffett sold $17 billion in stocks during the quarter, including trimming about 13% of Berkshire’s Apple stake. However, Apple still accounts for the biggest share of Berkshire's portfolio at $135.4 billion. Buffett expects Apple to remain the biggest holding even when Greg Abel takes over as his successor.
Full articleSummary: Activist investors are pressuring Bristol-Myers Squibb (BMS), a pharmaceutical company, with a $93 billion market cap to consider a takeover, potentially exceeding $100 billion. The company is a leading player in cancer immunotherapy drugs, particularly with its checkpoint inhibitors Opdivo and Yervoy.
Full articleSummary: Tesla Model Y owners with recent RWD configuration models will soon have the option to purchase a software-locked range upgrade for $1,500 to $2,000, effectively adding between 40 and 60 miles to the Model Y's range.
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