Summary: Portwell has launched an extensive lineup of industrial computing solutions powered by the latest Intel Atom x7000RE Series processors, demonstrating their commitment to delivering robust, high-performance computing platforms for diverse industrial sectors.
Full articleSummary: Teenage Engineering, a quirky Swedish brand, is gaining popularity in the music tech market with its visionary design and cult-like following, drawing parallels to Apple's rise from niche to mainstream dominance.
Full articleSummary: Bank of Montreal expects multiple rate cuts from the BoC throughout the year, with projections for cuts in 2025 and 2026 as well.
Full articleSummary: Investors are likely to benefit from buying Alphabet (GOOG, GOOGL) shares ahead of its upcoming earnings report, as there is a good chance for the stock to move higher than lower in response to its Q1 numbers. YouTube's ad revenue and cloud computing business are expected to be key catalysts for a potential stock price increase.
Full articleSummary: BlackRock's iShares Bitcoin Trust (IBIT) has seen a 69-day streak of inflows leading up to the halving, with net inflows totaling $15.42 billion. Meanwhile, Chinese spot Bitcoin ETF players are entering the market, and HK Securities Commission has reportedly approved Chinese spot Bitcoin and Ethereum ETFs.
Full articleSummary: Ukrainian engineers demonstrated an FPV drone with advanced target tracking system. Ukraine utilizes FPV drones with autonomous homing while Russia was developing similar technology. Ukrainian military analyzed a captured Russian FPV drone with automatic targeting system.
Full articleSummary: Microsoft has more games than Sony in the Top 25 of PlayStation Store, marking a shift towards multi-platform gaming presence. The acquisition of Activision is seen as a strategic win for Microsoft. Xbox + Bethesda collaboration also surprises the gaming industry.
Full articleSummary: Foundry Partners LLC trimmed its position in RTX Co. by 11.0% during the 4th quarter. Insider selling activity was present as well. Wall Street analysts have issued mixed ratings on RTX with a consensus rating of 'Hold'. The stock price of RTX traded up 0.8%.
Full articleSummary: General Electric (GE) announced acquisition of Ohio precision manufacturers Morris Technologies and Rapid Quality Manufacturing to assist in jet-engine production rate expansion over the next five years.
Full articleSummary: Salesforce Inc. has failed to acquire Informatica due to price disagreement, proposed acquisition valued at around $10 billion.
Full articleSummary: Intel has built the world’s largest neuromorphic system, Hala Point, to support brain-inspired AI research at Sandia National Laboratories in New Mexico.
Full articleSummary: Salesforce Inc. has failed to reach an agreement to acquire Informatica due to price disagreement, proposed acquisition valued at around $10 billion.
Full articleSummary: Nelly Korda won the Chevron Championship for her fifth title in a row, making her the third woman in history to achieve this feat and marking her second career major title.
Full articleSummary: Nike plans to lay off 740 employees by the end of June as part of a cost-cutting plan to reduce expenses by $2 billion. The stock has fallen 13% since the beginning of the year, with analysts turning bearish on concerns over innovation, inventory backlog, and market competition. The share price is forming a potential double bottom pattern with support near $89 and resistance near $104.
Full articleSummary: BlackRock Inc. Vice Chairman Philipp Hildebrand regards Joe Biden's election win as positive news for the global economy, praising his campaign messaging and policies.
Full articleSummary: Freddie Mac forecasts a significantly lower increase in U.S. home prices for 2024 and 2025, citing high mortgage rates and limited inventory as challenges. Fed's stance on rate cuts has shifted, leading to higher bond yields and mortgage rates. Redfin's CEO highlights record-high costs of owning a home and describes the housing market as being in a recession amidst a booming economy.
Full articleSummary: Salesforce has backed away from talks to acquire data-management software firm Informatica after both companies failed to agree on terms, with Salesforce offering a mid-$30s per share deal. Informatica's shares closed at $35.19 on Friday.
Full articleSummary: Google is blocking news links for California-based news organizations in response to a bill proposed in California that would force them to pay news publishers for displaying pieces of their articles or links in search results or on social media.
Full articleSummary: Plains All American (NASDAQ:PAA) has shown significant outperformance compared to its benchmarks and peers, despite recovering from a drop during the pandemic. The company has entered a lower CapEx cycle and improved its balance sheet, leading to attractive dividend coverage and potential dividend hikes. With strong EBITDA guidance for 2024 and favorable CapEx levels, PAA remains an enticing buy with the potential for steady growth and distributions.
Full articleSummary: META PLATFORMS INC (META) rates highest using Validea's P/B Growth Investor model by Partha Mohanram, indicating strong interest in the large-cap growth stock within the Business Services industry.
Full articleSummary: Salesforce Inc failed to reach an agreement to take over Informatica Inc due to disagreements over the price. This news comes after the reports of the potential acquisition broke earlier in April.
Full articleSummary: Caterpillar unveils the largest track loader in the industry, the 973, which replaces the 973K globally, offering improved fuel efficiency, productivity, and various performance enhancements.
Full articleSummary: Wagner signs a memorandum of understanding with Boeing to develop a local sustainable aviation fuel industry, including construction of a new SAF blending facility at Wellcamp.
Full articleSummary: The article discusses the performance and worthiness of NVIDIA's RTX 4090 GPU compared to other options in the market, emphasizing on high-end gaming and 3D animation use cases. It also highlights the long-term benefits and challenges associated with investing in the RTX 4090.
Full articleSummary: Honeywell's philanthropic arm, in collaboration with IISc, has extended research and financial support to 37 Indian start-ups, focusing on agri-tech, clean-tech, health-tech, and green-tech sectors. They plan to onboard 10 new start-ups in the current fiscal year. Honeywell provides seed funding, research support, and access to facilities and networks to these start-ups.
Full articleSummary: Salesforce Inc.'s takeover talks with Informatica Inc. have cooled down due to inability to agree on terms.
Full articleSummary: Bank merger-and-acquisition activity is expected to bounce back in 2024 after a two-year lull, driven by the need for scale and diversity, strong job growth, and recovering bank stocks.
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