Summary: Cisco has prepared for increased tariffs by reconfiguring its supply chain and modeling impacts, CEO confident about federal government business, predicts benefits from certain Trump administration policies, expects increase in demand for AI networking and Industrial Internet-of-Things products, announced an 'AI Renewals Agent' to automate workflows.
Full articleSummary: Leavell Investment Management Inc. increased its holdings in ConocoPhillips by 59.8% during the fourth quarter according to Form 13F filing. A number of other large investors also modified their holdings in COP. Wall Street analysts have issued various ratings and price targets for the stock. ConocoPhillips recently reported quarterly earnings and declared a dividend. Insider activity includes significant share purchases by company directors.
Full articleSummary: Analyst Neil Kalton maintained a Hold rating on Exelon with a price target of $46, while Bank of America Securities also maintained a Hold rating with a lower price target of $41.00. Corporate insider sentiment is negative on the stock due to increased selling activity.
Full articleSummary: Pfizer Inc. receives FDA approval for the supplemental BLA for ADCETRIS in combination therapy for the treatment of relapsed or refractory large B-cell lymphoma, showing significant improvement in overall survival based on Phase 3 study. The therapy provides a new option for patients who have failed two prior lines of therapy.
Full articleSummary: Disneyland is set to introduce exciting experiences for its 70th anniversary in 2025, including the debut of the Walt Disney Audio-Animatronic show and a tribute to the Sherman Brothers. The celebrations will also feature a new gallery experience showcasing the evolution of Walt Disney's dream of Disneyland, and collaborations with The Walt Disney Family Museum showcasing artifacts related to Walt Disney.
Full articleSummary: Apple partners with Alibaba to roll out AI features for iPhone users in China, aiming to regain market share lost to domestic rivals; Stocks of both companies rise in early trading.
Full articleSummary: Leavell Investment Management Inc. increased its stake in Danaher Co. by 14.6% in the 4th quarter, according to the latest 13F filing. Several other hedge funds have also added to or reduced their positions in DHR. The stock has received various price target revisions and ratings from analysts, with an average rating of 'Moderate Buy'. Insider transactions included a sale by SVP Brian W. Ellis. Danaher announced a quarterly dividend.
Full articleSummary: Oracle and Amazon are leading players in the cloud and AI services markets, with Oracle primarily focusing on cloud-based services and Amazon excelling in AWS. Oracle's stock outperformed Amazon's over the past three years, driven by its expansion in cloud-based services. Analysts expect Oracle's revenue and EPS to grow at a CAGR of 12% and 20% respectively from fiscal 2024 to fiscal 2027. Amazon generates most profits from AWS which accounted for 58% of its operating profit in 2024.
Full articleSummary: Sovran Advisors LLC purchased a new position in Philip Morris International Inc. during the fourth quarter, along with other hedge funds making changes to their positions. Recent filings show significant increase in shares held and acquisitions, including Darwin Wealth Management LLC buying new stake worth approximately $54,000. Analysts' consensus on the stock is a 'Moderate Buy' with an average target price of $134.35.
Full articleSummary: McDonald’s collaborates with Stormzy to launch 'Order like Stormzy' promotion including a signature meal. The partnership involves a long-form film, limited-edition merchandise, and event in Stormzy's hometown.
Full articleSummary: Eli Lilly (NYSE: LLY) pre-announced below-guidance revenue, but full-year results exceeded expectations with strong growth in GLP-1 drugs and other medications. Company reiterated 2025 forecast with expected revenue growth of 29%-36%.
Full articleSummary: Pfizer has recently undergone a revision in its stock evaluation following a decline of 3.02% on December 31, 2024, suggesting a potential shift in market dynamics. Despite the recent performance dip, the stock continues to trade above certain moving averages.
Full articleSummary: Microsoft announced a major update to its Clipchamp video editor, introducing features like light mode support, improved asset management, redesigned video editor, and more precise timeline editing.
Full articleSummary: Benchmark initiates coverage on Tesla with a Buy rating and a price target of $475, highlighting the prospects of robotaxi and Optimus robotics for growth.
Full articleSummary: Lockheed Martin's Rotary and Mission Systems division secured a $114.2 million contract modification from the U.S. Navy for SONAR systems procurement.
Full articleSummary: Strategic Financial Concepts LLC acquired a new position in shares of Danaher Co. in the fourth quarter, adding 14,532 shares valued at approximately $31,000. Several other hedge funds and institutional investors also increased their stakes in DHR. Analysts have issued various ratings for the stock, with majority indicating a buy or outperform rating. Additionally, an insider sold 5,700 shares of Danaher stock. The company reported $2.14 EPS for the last quarter.
Full articleSummary: Technical issues are impacting Google Ad Manager and other ad services, causing disruptions for advertisers and publishers.
Full articleSummary: Philip Morris International reports strong duty-free revenue growth in 2024 financial results, fueled by surge in demand for smoke-free products like IQOS and ZYN. Smoke-free business accounts for 40% of total net PMI revenues.
Full articleSummary: The Trump administration plans to spend $400 million on 'armored' Teslas, which has led to criticism of Elon Musk for potential conflicts of interest with the State Department. SpaceX, another company of Elon Musk, is still receiving multi-million dollar contract payouts from the U.S. government amidst scrutiny.
Full articleSummary: President Trump nominates Jonathan Morrison, an Apple executive, to head the National Highway Traffic Safety Administration. Morrison's automotive background aligns with Trump's goals for the transportation sector.
Full articleSummary: Rosen Law Firm reminds purchasers of Target Corporation stock about the lead plaintiff deadline for a class action lawsuit due to alleged misleading statements, resulting in a decline in stock price.
Full articleSummary: David Kennerley will replace Todd Foley as Kroger's chief financial officer, effective April 3.
Full articleSummary: Barclays analyst reiterates Buy rating on PayPal Holdings with a price target of $110.00. Another report mentions a $117.00 price target, while there is a $96.92 average price target from analysts. PayPal reported a quarterly revenue of $8.37 billion and a net profit of $1.12 billion for the latest quarter.
Full articleSummary: Premier Doug Ford mentions Canada and the U.S. aiming to reach an agreement swiftly due to interconnected supply chains.
Full articleSummary: Intel stock gets a lift from rumors of a potential tie-up with Taiwan Semiconductor Manufacturing Company as discussed by R.W. Baird analyst Tristan Gerra. There are talks of creating a joint venture to manufacture advanced chips in the U.S., potentially subsidized by federal money from the CHIPS Act.
Full articleSummary: Costco opens new location in Genesee County, offering two membership tiers.
Full articleSummary: Chevron plans to cut between 15% and 20% of its global workforce to reduce costs after acquiring Hess Corp. The job cuts are expected to affect around 8,000 employees by the end of next year. This action is part of Chevron's efforts to simplify its business model and strengthen long-term competitiveness.
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