Summary: Warren Buffett's Berkshire Hathaway has sold a portion of its stake in Bank of America, offloading approximately $550 million worth of stock.
Full articleSummary: Disney withdrew its request to settle a wrongful-death lawsuit out of court, allowing the case of a woman who died from a severe allergic reaction at a Disney World restaurant to go to trial.
Full articleSummary: Advanced Micro Devices' acquisition of ZT systems brings it closer to breaking Nvidia's dominance.
Full articleSummary: Apple releases developer beta 7 for multiple software platforms signaling public launch nearing, focus on stability and bug fixes, expected minimal noticeable updates.
Full articleSummary: Medtronic delivered a first quarter earnings beat on both revenue and profit, and raised its full-year guidance.
Full articleSummary: Caterpillar updates its hydraulic mining shovel to the 6020 model with a new engine and increased loading capacity.
Full articleSummary: Medtronic announced their Q1 2025 earnings results, showing strong performance and exceeding previous commitments. The company highlighted growth across various segments, such as cardiac ablation solutions, structural heart, surgical robotics, diabetes, and hypertension. They expressed confidence in their product pipeline and reiterated their commitment to driving top-line growth and restoring earnings power.
Full articleSummary: Nike x NBA ID Members will host a special Air Time broadcast celebrating the career of NBA legend Kobe Bryant with iconic game quarters and Kobe-related trivia.
Full articleSummary: A recent report by Placer.ai reveals a decrease in the average time shoppers spend in stores like Walmart and Target, with Walmart showing a downward trend in the first half of each of the past four years and Target experiencing a decline in customer dwell time for the past two years. On the other hand, Costco saw an increase in shopper dwell time.
Full articleSummary: Apple is offering an extended three-month free Apple Music trial for new users over the summer, provided they haven't been a subscriber to the streaming service before. This offer runs until September 23.
Full articleSummary: Starbucks is facing challenges with high prices, competition, and new leadership. Concerns arise over the new CEO's decision to work from California instead of Seattle.
Full articleSummary: Onni Group's development firm in Los Angeles secures $240 million in financing for a 54-story apartment building with commercial space.
Full articleSummary: Texas Instruments anticipates a significant increase in free cash flow in 2026 due to rebounding demand and reduced capital spending after pressure from activist investor Elliott Investment Management. The company expects FCF per share to be between $8 and $12 in 2026.
Full articleSummary: Honeywell International Inc. operates in aerospace technology, building automation, energy solutions, and industrial automation in the USA, Europe, and internationally. The company's Aerospace segment offers auxiliary power units, propulsion engines, integrated avionics, environmental control and power systems, engine controls, flight safety, communication, navigation hardware, data and software applications, radar and surveillance systems, aircraft lighting, advanced systems and instruments, satellite and space components, as well as aircraft wheels and brakes. The company's Performance Materials and Technologies segment offers automation control, instrumentation and software, and related services. In the past fiscal year, Honeywell International Inc. generated $36.66 billion in revenue and a net profit of $5.66 billion.
Full articleSummary: Travis Scott's new Nike sneaker, Sharkidon, features a full-grain leather build, netted panels, midfoot cross-strap, and is expected to be released in Summer 2024. Another sneaker, the Nike Zoom Field Jaxx in 'Light Chocolate' colorway, is set to arrive this holiday season for $170.
Full articleSummary: Ford is recalling 37,300 vehicles over windshield wiper issue for certain models.
Full articleSummary: Anthropic, an artificial intelligence company, has been hit with a class-action lawsuit in California federal court by three authors alleging misuse of their books and others to train its AI-powered chatbot. The complaint accuses Anthropic of profiting from unauthorized use of copyrighted works.
Full articleSummary: Eric Cole discusses his unexpected turnaround in the FedEx Cup with Smylie Kaufman and Charlie Hulme.
Full articleSummary: Ford Motor Company recalled over 70,400 vehicles due to power windows posing pinch risk, affecting some 2024 Rangers and 2024 Lincoln Nautilus models.
Full articleSummary: United Parcel Service stock is slightly down in value, currently trading at $127.90 per share. The company offers various delivery services and generated $90.96 billion in revenue recently.
Full articleSummary: Amazon is offering a 40% discount on the 2021 ninth-gen iPad, bringing the price down to $199, making it a great choice for those on a budget. The iPad features the A13 Bionic chip, improved cameras, upgraded Retina display, and supports first-gen Apple Pencil and Smart Keyboard.
Full articleSummary: Microsoft Education is celebrating and supporting educators during the back-to-school season by providing tools and resources for success.
Full articleSummary: PayPal Holdings, Inc. est l'un des principaux prestataires mondiaux de services de paiement en ligne, avec 426 millions de comptes actifs et 58% de son chiffre d'affaires généré aux États-Unis.
Full articleSummary: Stemilt's Marketing Director Brianna Shales shares apple selling tips to boost sales during a season where Honeycrisp volume is down by 10%. Strategies include promoting various apple varieties like Honeycrisp, Fuji, Granny Smith, Gala, Cosmic Crisp, Rave, SweeTango, and focusing on organics and packaged items.
Full articleSummary: Shopify Inc. reported strong earnings, but with a significant boost from unusual items, which may not be sustainable in future. Analysts are warning that the statutory profit might not be a good guide to the company's underlying earnings power.
Full articleSummary: James, a retired engineer, grew his TFSA to $1 million by investing in Apple and Tesla stocks. Despite experiencing a $700,000 loss in Tesla shares, he remains confident in EVs as the future. Having a diversified investment portfolio and debt-free home provides a solid financial base for his retirement.
Full articleSummary: Niles Investment Management founder Dan Niles believes Meta (META) is excelling in utilizing spending on AI compared to Microsoft (MSFT).
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