Summary: Nike and Bandai Namco are collaborating to release Tekken 8-inspired shoes, specifically inspired by the game's antagonist, Kazuya Mishima, available for $250 in September through Nike, SNKRS, and select retailers in-store and online.
Full articleSummary: Boeing is facing leadership challenges and fraud charges related to the 737 Max crashes. Current CEO Dave Calhoun is stepping down, and Pat Shanahan, CEO of Spirit AeroSystems, is being considered as a top contender to lead Boeing.
Full articleSummary: Target will stop accepting personal checks from shoppers as of July 15, following the declining trend in check usage among consumers.
Full articleSummary: Microsoft has launched Xbox TV app on Amazon Fire TV Sticks for streaming Xbox Cloud gaming titles, with plans to expand the library in the future.
Full articleSummary: 1. Advanced Micro Devices faces competition from NVIDIA and challenges in Gaming and Embedded businesses, but benefits from a strong partner base and server CPU revenues. 2. GE Aerospace is performing well due to rising global defense budgets and strong demand for commercial air travel, despite concerns about high costs and expenses. 3. Newmont Corporation is making progress with growth projects and acquisitions, boosted by higher gold prices, although higher production costs and integration work pose challenges.
Full articleSummary: BlackRock Investment Institute (BII) finds UK equities attractive post-elections, prefers Japan stocks and bullish on U.S. stocks and AI. BII sees inflation-linked bonds, Mexico and India as good investment opportunities. BII recommends short- to medium-dated Treasuries due to widening U.S. fiscal deficits ahead of presidential election.
Full articleSummary: Boeing faces significant challenges following a plea deal that marks the company as criminal, with implications yet to be fully understood.
Full articleSummary: IBM unveiled its GenAI Innovation Center in Kochi to accelerate AI innovation and provide access to top-tier IBM experts and advanced AI technologies.
Full articleSummary: Stephens resumed coverage of Union Pacific with an Overweight rating and $273 price target. The firm believes the growth setup for the rail sector into 2025 is improving as the truckload market tightens, with service being important for capturing the truck-to-rail conversion.
Full articleSummary: John Deere, the top employer of the Illinois-Iowa border cities, has laid off almost 1,000 workers across both states since last September.
Full articleSummary: FedEx initiated Picture Proof of Planting in 2023, engaging over 300 employees globally in conservation efforts such as tree plantings to address urban heat, promote health, and restore ecosystems.
Full articleSummary: Elon Musk's xAI and Oracle have ended talks on a potential $10 billion server deal, as xAI plans to build its own system using Nvidia's H100 GPUs.
Full articleSummary: Q1 earnings results for defense contractors were strong overall, with General Dynamics beating revenue expectations but missing on EPS and backlog estimates. Stock prices have declined since the results, with General Dynamics down 4.2%, Northrop Grumman down 8.1%, Mercury Systems up 2.5%, Lockheed Martin flat, and Jacobs down 7.6%.
Full articleSummary: Target announces special summer deals for teachers, parents, and college students including discounts on Target Circle 360 subscription, 20% coupon, and affordable school supplies.
Full articleSummary: Microsoft orders its staff in China to use iPhones for work starting in September to standardize use of Microsoft Authenticator and Identity Pass app, rather than security concerns over Android OS.
Full articleSummary: CAES secures $172 million deal from RTX for missile data-link assembly, supporting a major international missile program; Honeywell plans to acquire CAES from Advent International for $1.9 billion.
Full articleSummary: Elon Musk's xAI startup and Oracle have ended talks on a $10 billion server deal, with xAI opting to build its own system using Nvidia's H100 GPUs.
Full articleSummary: Apple is working on the first-ever TV adaptation of the cult classic movie 'Time Bandits'. The series, premiering on July 24, follows a group of bandits who embark on epic adventures through time and space guided by Lisa Kudrow.
Full articleSummary: Oracle Power PLC has announced its Annual General Meeting (AGM) for shareholders to be held in London on August 8, 2024. Shareholders can access the Notice of AGM, Form of Proxy, Annual Report, and Financial Statements on the company’s website.
Full articleSummary: Golden Minerals Company received notification from NYSE American about non-compliance with listing standards due to low stockholders' equity and continuous losses, but has submitted a plan to achieve compliance by December 6, 2024.
Full articleSummary: Big-money investors have taken a bearish stance on Oracle, as indicated by 9 uncommon options trades spotted by Benzinga's options scanner.
Full articleSummary: Apple introduces a major redesign to the Photos app in iOS 18, focusing on simplicity, customization, and security measures.
Full articleSummary: McDonald's is introducing a new Special Grade Garlic Sauce to its U.S. condiment lineup on July 9 as part of a joint promotional effort for the anime series 'Jujutsu Kaisen'. The sauce is described as having notes of garlic, soy sauce, and a slight tangy sweetness.
Full articleSummary: Microsoft will provide Apple iPhones to its employees in China for work purposes to enhance security and improve access to necessary authentication apps, aligning with its efforts to streamline mobile device management.
Full articleSummary: Government of India refutes Citigroup's grim employment report, highlighting positive job creation data, including over 20 million jobs created in four years.
Full articleSummary: Automakers are offering aggressive leasing and financing deals on EVs amidst high new car prices and interest rates. Ford has introduced new 24-month lease deals with additional cash and 0% financing options on Mustang Mach-E models.
Full articleSummary: Apple's director of languages and runtimes recommends ditching C++ in favor of Swift due to its safety, speed, and compatibility with C and C++. Swift 6, set to be released this year, aims to make concurrent programming safer and easier with improved features. The language is also gaining expanded Linux support and broader adoption outside of Apple's tech ecosystems.
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