Summary: Colgate-Palmolive (India) Ltd. stock rose by 1.16% in Tuesday's trade with an intraday high of Rs 2692.75 and low of Rs 2650.0. The stock has a high P/E ratio of 58.02 and belongs to the Personal Care industry.
Full articleSummary: Alaska Airlines no longer expects to add 23 new B737 MAX in 2024 but anticipates receiving between ten and 20 aircraft from Boeing that year. Talks about compensation with Boeing are underway, and the carrier expects full-year capacity growth to be below 3% in 2024.
Full articleSummary: Tesla Inc. cuts price of 'Full Self Driving' system by about a third, Verizon misses revenue forecasts, AZZ Inc. beats analysts' financial forecasts
Full articleSummary: The New York Stock Exchange (NYSE) is considering the implementation of 24/7 stock trading to align with the crypto markets. Market participants have been surveyed to gather opinions on this potential move. This initiative is seen as a response to the around-the-clock trading in the cryptocurrency markets.
Full articleSummary: IBM and Adobe are collaborating to offer solutions for leveraging A.I. in marketing content supply chain, aiming to supercharge content creation with personalized and creative technology.
Full articleSummary: Google has a new mystery device, G4SKY, pass through FCC testing, potentially hinting at a new product like a Pixel Watch.
Full articleSummary: Comparison between Sixth Street Specialty Lending (TSLX) and Main Street Capital (MAIN) shows Main Street Capital has outperformed in the BDC market. Recent quarterly results of Main Street Capital indicate positive growth and stability in earnings, NAV, and portfolio assets. Main Street Capital demonstrates a defensive portfolio structure with potential for sustainable growth.
Full articleSummary: Kyndryl Holdings Inc and Microsoft Corporation announce a partnership to combine capabilities for enterprise customers, with the goal of providing state-of-the-art solutions built on Microsoft Cloud. Kyndryl named Microsoft its premier global alliance partner, increasing access to the managed services market.
Full articleSummary: The New York Stock Exchange (NYSE) owner, Intercontinental Exchange (NYSE:ICE), is contemplating a 24/7 trading schedule to compete with the nonstop operations of cryptocurrency exchanges. Retail investor activity surge and attracting a new generation of investors are the driving forces behind this possible radical shift.
Full articleSummary: Dell is offering a great deal on their Dell XPS 13 13" Intel Core i7 Iris Xe Laptop for $854.10 with promo code "10OFFCLEAR" and free shipping. The laptop is lightweight, thin, and offers high performance with Intel Core i7-1250U processor, 32GB RAM, and 1TB SSD. It is ideal for general productivity and multimedia tasks.
Full articleSummary: Philip Morris International Inc. (NYSE:PM) saw unusual options trading activity with an increase of approximately 36% in call options compared to typical daily volume, insider activity involving significant stock sales, institutional inflows and outflows, and Wall Street analysts forecasting growth.
Full articleSummary: Coca-Cola's share price fell 0.2% after JPMorgan Chase & Co. lowered their price target on the stock, trading session shares volume declined by 78%. The company also announced an increased quarterly dividend.
Full articleSummary: Caterpillar beats Toyota Industries on 11 of the 13 factors compared between the two stocks. Caterpillar has higher revenue and earnings than Toyota Industries. Toyota Industries is trading at a lower price-to-earnings ratio than Caterpillar, indicating that it is currently the more affordable of the two stocks.
Full articleSummary: Apple acquired Datakalab, a Paris-based startup specializing in AI and computer vision technology. Datakalab's expertise in AI and computer vision technology aligns with Apple's plans to introduce AI features in future iOS updates.
Full articleSummary: A report by Intuit, the financial technology platform, highlighted the importance of brand loyalty to consumers, with top associations being trust, ease of purchase, and making them feel good. The report also discussed the various levels of loyalty among consumers and provided 12 tactics to help brands build meaningful relationships.
Full articleSummary: Shaun Kelley from Bank of America Securities maintained a Buy rating on Host Hotels & Resorts (HST), Barclays also maintained a Buy rating on the stock with a $25.00 price target. Insider sentiment is negative with increase in selling activity by corporate insiders.
Full articleSummary: Banks in the financial services sector are exploring ways to utilize generative AI to enhance client relationships and shift from physical to digital banking, with 86% of organizations already implementing or preparing to implement generative AI use-cases.
Full articleSummary: Businesses are increasingly utilizing technology to enhance event monitoring in Salesforce, leading to improved data visualization and reporting, real-time tracking with automation, enhanced security measures, integration with AI and machine learning, customizable dashboards, mobile compatibility, efficient data storage and management, streamlined event correlation and analysis, and proactive alerting and notification systems.
Full articleSummary: Microsoft is collaborating with Meta to release a limited edition Meta Quest VR headset inspired by Xbox. The headset will include an Xbox controller and Game Pass for gaming on the go.
Full articleSummary: Andrew Nowinski from Wells Fargo maintained a Buy rating on Informatica with a price target of $40.00, an analyst consensus of Moderate Buy, and a price target consensus of $38.54. RBC Capital also maintained a Buy rating on the stock with a $41.00 price target.
Full articleSummary: Microsoft introduces VASA-1, an AI technology that can create lifelike videos by combining a person's photo with a short voice clip. The software giant used this technology to create a video of the Mona Lisa rapping. Other tech companies like OpenAI and Google also have AI tools for creating realistic videos and images.
Full articleSummary: Patient Capital Management's value investing firm's 'Patient Capital Opportunity Equity Strategy' Q1 2024 investor letter reported a return of 11.8% net of fees, outperforming the S&P 500's 10.6%. The strategy credited the outperformance to selection and allocation effects, partially offset by interaction effects. NVIDIA Corporation (NVDA), a top holding, saw impressive growth and was highlighted for its market dominance and innovation in the GPU space.
Full articleSummary: New York State Common Retirement Fund reduced its stake in Union Pacific Co. by 7.6% in the 4th quarter, selling 70,707 shares, while other large investors increased their holdings. Union Pacific reported a quarterly dividend of $1.30 per share, with a dividend yield of 2.22%. Various research firms have provided ratings and price targets for Union Pacific stock.
Full articleSummary: Meta will partner with external hardware companies such as Lenovo, Microsoft, and Asus to build virtual reality headsets using Meta Horizon operating system, creating new hardware devices that run on the same platform, defining the fault lines of the VR hardware market. This move is likened to the Android versus iOS dynamic in smartphones with Apple's VR product remaining pricier and vertically integrated.
Full articleSummary: Google reportedly fired more than 20 employees due to protests against its cloud computing project with the Israeli government, bringing the total number of fired employees to almost 50. Google CEO Sundar Pichai has warned employees about disruptive behavior.
Full articleSummary: Meta, the parent company of Facebook, Instagram, and WhatsApp, has launched a new artificial intelligence feature called Llama 3 on its platform. This AI feature is now integrated into the Meta AI assistant on Facebook, Instagram, and WhatsApp, offering users a more interactive and versatile experience.
Full articleSummary: Starbucks faced a boycott movement due to accusations of supporting Israel, resulting in decreased sales in licensed campus locations and lower revenue growth in the first quarter of fiscal year 2024. The boycott was sparked by clashes with Starbucks Workers United, terminated employees, past donations to Israeli companies, and accusations of funding the Israeli military.
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