Summary: Emerson Electric has patented a method for proof-testing radar level gauge systems in tanks, aiming to improve accuracy and reliability in determining product levels. The method involves transmitting and receiving electromagnetic signals, adding proof test information to the measurement representation, and processing the data to provide a signal based on the results.
Full articleSummary: Microsoft launched the next version of its lightweight AI model Phi-3 Mini, with smaller data set and 3.8 billion parameters, is trained on Azure, Hugging Face, and Ollama. Microsoft also plans to release Phi-3 Small (7B parameters) and Phi-3 Medium (14B parameters). Microsoft claims Phi-3 performs better and is as capable as large language models.
Full articleSummary: Federated Hermes Inc. reduced its stake in shares of Coca-Cola Consolidated by 5.0% in the 4th quarter, according to their recent Form 13F filing with the SEC. Several other institutional investors and hedge funds have also made changes in their stakes with the stock. Coca-Cola Consolidated disclosed its quarterly earnings data and announced a dividend.
Full articleSummary: Google is offering 60 percent margin to partners for new Workspace business, increasing generative AI incentives, focusing on industry transformation and security, introducing Gemini AI innovation into products like Workspace, Looker, and BigQuery, aiming to target line-of-business buyers for higher-value opportunities.
Full articleSummary: PepsiCo exceeded Wall Street's first-quarter revenue expectations due to strong demand for their products in global markets, with international business accounting for 40% of total fiscal revenue.
Full articleSummary: Pepsico Inc reported higher earnings in the first quarter compared to last year and surpassed analysts' expectations. The company's revenue also increased by 2.2%.
Full articleSummary: Berkshire Hathaway's investment in Bank of America is valued at $38.2 billion, making it one of Warren Buffett's most successful investments. Buffett praised Bank of America's management and CEO Brian Moynihan at Berkshire's 2023 shareholder meeting.
Full articleSummary: Danaher Corporation (NYSE:DHR) reported solid first-quarter earnings surpassing analyst expectations, despite a slight decline in revenues. The company highlighted improvements in bioprocessing orders and market share gains in the molecular diagnostics business at Cepheid.
Full articleSummary: PepsiCo beats Wall Street revenue expectations in Q1, driven by strong demand for Tropicana juices and Cheetos in international markets, offsetting a slowdown in the US. Several rounds of price hikes in the US, with international business accounting for 40% of total revenue. Company's net revenue rises to $18.25 billion in the quarter.
Full articleSummary: Jason Payne, CTO of Microsoft Federal, discusses tackling cloud security challenges with zero trust and AI, emphasizing the importance of emerging technologies for government agencies.
Full articleSummary: Eli Lilly acquires new manufacturing facility in Wisconsin to ramp up production of injectable drug line, particularly for diabetes and weight loss treatments. Analysts have Strong Buy consensus rating on LLY stock with 15.07% upside potential.
Full articleSummary: Danaher Corporation reported better-than-expected financial results for the first quarter of 2024 despite a slight decline in revenue, attributed to strong performance in key segments and effective cost management. The company's President and CEO emphasized the importance of Danaher's portfolio and business system for long-term success.
Full articleSummary: Critics, including the Cloud Infrastructure Services Providers Europe (CISPE) trade group, reject Broadcom's adjustments regarding licencing practices, citing issues like price hikes and restrictive terms. CISPE has requested a formal investigation by the European Commission into Broadcom's practices.
Full articleSummary: PepsiCo beat Wall Street expectations for first-quarter revenue driven by demand for Tropicana juices and Cheetos in international markets, with a strong performance from its International business.
Full articleSummary: Billionaire investor has made Bank of America one of Berkshire Hathaway's top holdings, known for its massive $350 billion stock portfolio with Bank of America as the second-largest stock investment. Berkshire owns 1.032 billion shares of Bank of America, representing a 13.1% stake in the mega-bank. Buffett first invested in Bank of America in 2011 after the financial crisis and has continuously added more shares since.
Full articleSummary: IBM stock price has pulled back sharply in the past few weeks as the recent bull run fades. The company is set to publish its quarterly financial results, with analysts expecting revenue to rise and EPS to improve. Despite analysts' optimistic average target, UBS recently downgraded the stock to sell, citing valuation and slow growth. The stock is currently in a neutral outlook with a bearish bias.
Full articleSummary: PepsiCo Inc. reported first-quarter earnings of $2.04 billion, exceeding Wall Street expectations.
Full articleSummary: PepsiCo Inc. exceeded sales growth expectations in Q1 due to strong international demand despite volume decline in North America.
Full articleSummary: IBM stock price has pulled back sharply in the past few weeks as recent bull run fades. IBM is set to publish quarterly financial results which are expected to show growth in revenue and earnings. Analysts are generally optimistic about IBM stock with an average target of $188.24, although UBS recently downgraded the stock to sell.
Full articleSummary: Oracle Academy Italy, in partnership with Diversity Opportunity, held final student presentations on the 'Digital Cloud Journey,' with teams proposing AI solutions for continuous training. CyberPuppies project was selected as the winner by Oracle Italy personnel for its innovation and feasibility.
Full articleSummary: Intel is focusing on raising its profile in the AI industry through programs like Intel Ignite, which supports early-stage deep tech start-ups across various categories. It aims to provide a platform for technology advancements to enter the corporate world and gain access to resources without taking equity stakes. The program works with venture capitalists for deal flow and operates in four locations globally.
Full articleSummary: Texas Instruments Inc. will host a conference call to discuss Q1 2024 earnings results on April 23, 2024.
Full articleSummary: Danaher Corp. reported a decrease in profit for the first quarter but exceeded Street estimates with adjusted earnings of $1.92 per share, higher than analysts' expectation of $1.71 per share. Revenue for the quarter fell 2.5% to $5.80 billion.
Full articleSummary: Union Pacific Co. has received an average rating of 'Moderate Buy' from eighteen analysts, with a 12-month price objective of $255.00. Recently, there have been varied analyst reports on UNP stock including 'hold', 'outperform' and 'neutral' recommendations. The company recently reported earnings exceeding expectations and a dividend payout ratio of 49.71%.
Full articleSummary: The Motley Fool article discusses how Salesforce (NYSE: CRM) was not part of the 10 best stocks for investors to buy now according to the Stock Advisor team, potentially impacting investor decisions.
Full articleSummary: Wells Fargo raised its price target for Walt Disney Co (NYSE:DIS) to $141 from $128, citing positive expectations for the company's direct-to-consumer (DTC) segment. The bank's analysis also highlights the potential financial advantages of integrating Hulu within the Disney+ platform and the possibility of a settlement with Comcast Corporation over Hulu's operational control. Wells Fargo's revised estimates predict an optimistic outlook for Disney's DTC operating income in the coming years.
Full articleSummary: abrdn plc increased its holdings in Colgate-Palmolive by 79.7% in the 4th quarter, with other hedge funds also buying shares. Analysts set new price targets with several rating upgrades and increased price target ranges. Insider activity involved multiple share sales. Colgate-Palmolive announced an increased dividend. The company reported strong quarterly earnings results.
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