Summary: Eli Lilly and Novo Nordisk stocks have soared due to obesity drugs, while Pfizer's stock has declined with lower COVID-19 product sales. Pfizer's obesity drug danuglipron faces challenges, but Pfizer shows interest in obesity market and potential acquisitions of Viking Therapeutics or Altimmune.
Full articleSummary: Nike is re-releasing the Air Jordan 4 sneakers in a new North Carolina 'blue industry' colorway to celebrate the 35th anniversary of 'The Shot' by Michael Jordan in 1989.
Full articleSummary: Microsoft has released two new Windows 11 preview builds for Insiders on the Dev and Beta channels, introducing features through Controlled Feature Rollouts (CFRs). The updates include general improvements and fixes, as well as changes related to Copilot functionality.
Full articleSummary: Oracle (ORCL) closed higher in the most recent trading session amidst a decline in the tech-heavy Nasdaq index and a slight fall in the Dow. Oracle's upcoming earnings report projects year-over-year growth in both earnings and revenue. Analyst revisions are indicative of short-term business trends affecting stock prices.
Full articleSummary: Amgen Inc. (NASDAQ:AMGN) has been rated as a 'Moderate Buy' by twenty-one brokerages, with a twelve-month target price averaging $305.05. Recent research analysts have provided positive outlooks and insiders have been involved in stock transactions.
Full articleSummary: Passengers on an Alaska Airlines Boeing 737 Max plane are accusing the airplane manufacturer of fraud due to a panel falling off midflight, raising concerns about Boeing's safety culture and compliance with regulations.
Full articleSummary: International Assets Investment Management LLC acquired a significant new position in Lowe's Companies, Inc. during the fourth quarter, with 108,250 shares valued at $24,091,000. Several other institutional investors have also increased their stakes in Lowe's Companies according to recent filings with the SEC.
Full articleSummary: Swiss National Bank reduced its position in Simon Property Group, Inc. by 2.7% in the 4th quarter. Several other institutional investors and hedge funds also made changes to their positions. Analysts set new price targets for SPG with a mix of hold and buy ratings. Simon Property Group's stock is up 1.1%. The company last reported quarterly earnings that missed consensus estimates.
Full articleSummary: Booking Holdings Inc. beats earnings expectations in Q1 2024 with reported EPS of $20.39 compared to expectations of $13.98. They saw strong revenue growth and adjusted EBITDA, and are positive about their long-term outlook for the travel industry. The company continues to focus on enhancing the traveler experience, increasing direct bookings, and expanding their merchant offerings across various travel verticals.
Full articleSummary: ExxonMobil stock has rebounded to outperform the S&P 500 on an annualized basis over the past five years despite being hit hard during COVID-19. Observations include strong oil prices, sparkling financials with zero leverage, and trading near decade highs. Investors are advised to hold as it's unclear how much more upside there is for shares at the moment.
Full articleSummary: Gradient Investments LLC trimmed its position in shares of The Charles Schwab Co. by 55.7% during the 1st quarter, according to its most recent Form 13F filing. Several other large investors also adjusted their stakes in SCHW. Analysts set new price targets for Charles Schwab, with varying ratings from different firms. Charles Schwab stock price increased by 0.9%. The company recently announced a quarterly dividend, and there has been insider selling activity.
Full articleSummary: JPMorgan Chase & Co. introduces IndexGPT, a series of thematic investment portfolios developed in collaboration with OpenAI's GPT-4 model, to pinpoint investments based on up-and-coming trends using natural language processing.
Full articleSummary: ExxonMobil stock is trading at all-time highs after rebounding from the COVID-19 downturn. The company has strong financials, with almost zero leverage and a reliable dividend yield. However, with shares trading near decade highs and uncertainties in the oil industry, it's a hold signal for investors.
Full articleSummary: Amgen reported its First Quarter 2024 Results with revenue up 22% and a net loss of US$113.0m. Earnings per share missed analyst estimates. Revenue is forecasted to grow 3.5% p.a. for the next 3 years. Amgen shares are up 15% from a week ago.
Full articleSummary: MoonPay has collaborated with PayPal to allow users in the U.S. to seamlessly buy cryptocurrency using their PayPal account, providing flexibility, variety in token support, convenience, and speed. PayPal's cross-border money transfer service also offers the option to fund transfers abroad using PYUSD, a U.S. dollar-denominated stablecoin.
Full articleSummary: Stocks gave up most of their early gains in light Columbus Day trading, but still managed to close mostly higher Monday. Major movers included Bank of America which rose more than 3 percent and Boeing tumbled nearly 2 percent.
Full articleSummary: Booking Holdings reported strong first quarter 2024 results with revenue up 17% and net income up by a significant 192% compared to the same period last year. The company's profit margin also increased to 18% driven by higher revenue, and the EPS saw a substantial increase.
Full articleSummary: PayPal users in the U.S. can now purchase Shiba Inu tokens through MoonPay, leading to a 12.1% surge in the token's price. MoonPay also allows users to buy other cryptocurrencies like Solana, Cardano, and Dogecoin using PayPal. SHIB's burn rate has increased by 1009%, causing a rise in price and reduction in market supply.
Full articleSummary: Anthropic, a San Francisco-based AI company, is expanding its presence in the Seattle area where it's advertising its Claude AI chatbot on a big orange billboard near Facebook Meta's cluster of office buildings. Amazon has invested $4 billion in Anthropic and made its Claude 3 Opus model available through AWS Bedrock platform.
Full articleSummary: Major pharmaceutical companies are competing in the anti-obesity market, with Eli Lilly, Novo Nordisk, and Amgen making significant developments in their weight loss drugs. Amgen's stock price surged after an update on its experimental drug MariTide, which showed promising results in treating obesity.
Full articleSummary: The article discusses the possibility of Warren Buffett's Berkshire Hathaway Inc. buying Boeing Co., citing reasons such as the potential upside for Boeing, Berkshire's need to deploy its cash, and Boeing's cheap valuation despite the risks and challenges it currently faces.
Full articleSummary: The National Highway Traffic Safety Administration is investigating Tesla's Autopilot and its connection to fatal crashes, leading to a renewed scrutiny on the safety of the system. A recent incident involving a fatal crash and a Tesla in Washington is under investigation, shedding light on potential misuse of the Autopilot feature.
Full articleSummary: Axxcess Wealth Management LLC increased its stake in Union Pacific Co. by 52.7% in the fourth quarter, according to its recent 13F filing. Several other institutional investors also added to their positions in UNP. President Elizabeth F. Whited sold 3,750 shares of UNP stock. Multiple research analysts have raised their ratings and price targets for UNP shares. The company announced a quarterly dividend with a yield of 2.16%.
Full articleSummary: Berkshire Hathaway reported strong operating earnings, record cash holdings, and significant growth in insurance and railroad businesses in the first quarter of 2024.
Full articleSummary: The Motley Fool Stock Advisor team did not include Starbucks in their list of 10 best stocks to buy now, suggesting other stocks could potentially offer higher returns. However, Parkev Tatevosian maintains his buy recommendation for Starbucks stock.
Full articleSummary: LSV Asset Management decreased its position in shares of MetLife, Inc. by 1.7% during the fourth quarter. Several other hedge funds also bought and sold shares of the company. Insider transactions involved selling shares of MetLife. The company recently announced a share repurchase plan and increased its quarterly dividend. Analysts have provided optimistic ratings for MetLife.
Full articleSummary: U.S. Capital Wealth Advisors LLC acquired a new stake in The Bank of New York Mellon Co. during the fourth quarter, while several other institutional investors also increased their holdings in the bank. Wall Street analysts have provided mostly positive ratings and target prices for Bank of New York Mellon. Insider activity includes significant share sales, and the company recently declared a quarterly dividend. Bank of New York Mellon's stock performance has been relatively stable.
Full article