Summary: Cetera Trust Company N.A acquired a new position in shares of FedEx Co., with other hedge funds also buying shares of FDX. FedEx reported earnings exceeding analysts' estimates and announced a $5 billion stock repurchase plan. Insiders, including Chairman Frederick W. Smith, have recently sold significant amounts of FedEx stock. Wall Street analysts have mostly given buy ratings to FDX.
Full articleSummary: Commerzbank Aktiengesellschaft FI increased its holdings in shares of Salesforce, Inc. by 34.1% during the 4th quarter through a 13F filing with the SEC, with other hedge funds also increasing stakes. Salesforce announced a dividend and insiders, including CEO Marc Benioff, engaged in selling shares.
Full articleSummary: Nvidia founder Jensen Huang reflects on his humble beginnings and emphasizes the importance of resilience and experiencing setbacks for success.
Full articleSummary: Alphabet Inc's Google is rolling back requirements for US suppliers and staffing firms to pay their employees at least $15 an hour and provide benefits, potentially allowing the company to avoid bargaining with unions.
Full articleSummary: Adidas had a successful London Marathon as multiple top runners, including the champions, wore their shoes, outflanking rival Nike in the race. Notably, the men's winner, Alexander Munyao, credited his victory to his Adidas shoes, Adizero Adios Pro Evo 1.
Full articleSummary: Analysts are bullish on AMD, Intel, and UiPath as potential outperformers in the AI market compared to Nvidia. Each company has specific factors contributing to the bullish sentiment.
Full articleSummary: Apple's suppliers and component manufacturers in India are expected to collectively employ over 5 lakh people in the next three years, as per government sources. Apple is also aiming to significantly increase its production capacity in the country, with a target of USD 40 billion within the next four to five years. The company's recent success in the Indian market includes surpassing the 10 million unit mark in shipments and capturing the top spot in revenue in 2023.
Full articleSummary: Bitcoin halving event has taken place, historically leading to major rallies in Bitcoin's price, impacting miners and their preparations for the event, including adjustments in power strategies and equipment upgrades.
Full articleSummary: Fool.com contributor Parkev Tatevosian updated his stock price forecast for Nvidia, revealing that the Motley Fool Stock Advisor team did not include Nvidia in their list of the 10 best stocks for investors to buy now, suggesting other stocks could potentially yield higher returns.
Full articleSummary: Caitlin Clark signs a massive eight-year deal with Nike worth up to $28 million after becoming a prominent figure in women's basketball, surpassing offers from other sportswear brands like Adidas, Under Armour, and Puma.
Full articleSummary: Caitlin Clark's intense shoe deal negotiations resulted in an eight-year deal potentially worth $28 million, surpassing offers from top brands like Adidas, Under Armour, and Puma.
Full articleSummary: Cooke & Bieler LP raised its holdings in shares of Philip Morris International Inc., with other hedge funds and institutional investors also buying and selling shares of the company. Analysts set new price targets with mixed ratings. Insiders were involved in recent buying and selling activities. Philip Morris International announced its quarterly earnings and dividend. The company continues to evolve its product portfolio beyond tobacco.
Full articleSummary: Apple is planning to scale up its production in India through vendors, aiming to employ around 5 lakh employees in the next three years, with a focus on a five-fold expansion in production and revenue increase. Additionally, iPhone exports from India doubled in the fiscal year 2023-24, and Apple is collaborating on green energy projects in the Indian market.
Full articleSummary: Microsoft is testing ads for recommended apps in the Windows 11 Start menu, which has annoyed users and tech experts alike. Suggestions are made for Microsoft to communicate and tease new ideas with charm rather than directly forcing them onto users.
Full articleSummary: Nike plans to lay off 740 workers at its headquarters campus in Oregon as part of a mass layoff, offering fair severance packages.
Full articleSummary: A Costco employee vents frustrations about the store's famous refund policy, mentioning a customer who repeatedly returns flowers, leading Costco to continue accepting the returns without conditions.
Full articleSummary: Fool.com contributor provides an updated stock price forecast for Nvidia and mentions that Nvidia was not among the 10 best stocks identified by The Motley Fool Stock Advisor team for potential monster returns in the coming years.
Full articleSummary: A JPMorgan Chase customer in Oregon had $30,000 stolen from his account in unauthorized transfers to unknown companies, despite the customer's claims, the bank rejected the reimbursement requests. The customer is now seeking help from law enforcement and government agencies.
Full articleSummary: Nelly Korda is one shot behind leaders Atthaya Thitikul and Jin Hee Im after shooting a 3-under 69 in the second round of the Chevron Championship on Friday. Korda is seeking to tie an LPGA Tour record with her fifth straight win and her second major victory.
Full articleSummary: Microsoft is offering a 15-month Microsoft 365 Family subscription for up to six people with 6TB of OneDrive storage for just $89.59 (reg. $112) until April 21 with code ENJOY20.
Full articleSummary: AfriLabs, Intel Corporation, and Prosper Africa have launched the Intel Community Reach Program to address social challenges in underserved African communities using AI and broadband connectivity.
Full articleSummary: Nike signs WNBA rookie Caitlin Clark to an eight-year deal worth up to $28 million, including a signature shoe offer, amidst high expectations for her career performance and global impact potential.
Full articleSummary: Microsoft plans to invest $1.5 billion in G42, a technology holding company in UAE, to co-innovate and deliver advanced AI solutions using the CG3 artificial intelligence supercomputer in Dallas. The deal will also involve G42 migrating its data platform to Microsoft Azure.
Full articleSummary: Stock market investors will focus on US GDP data, PCE index, and quarterly financial results from tech giants like Microsoft, Alphabet, Meta Platforms, and Tesla. Key events include the release of S&P flash PMI data, new home sales report, and earnings announcements from Verizon, Tesla, Microsoft, Alphabet, and more.
Full articleSummary: Honeywell India partners with IISC to fund deep science startups, supporting 40+ start-ups in the last 4 years and planning to onboard 10 more in FY24-25. The focus areas include sustainability, med-tech, clean-tech, and more.
Full articleSummary: Wagner and Boeing have joined forces to establish Wagner Sustainable Fuels to advance the sustainable aviation fuel (SAF) industry in Australia, with plans to reduce carbon emissions and meet increasing airline demand for jet fuel over the next 25 years.
Full articleSummary: Meta is deploying its chatbot across its popular apps like Facebook, Instagram, WhatsApp, and Messenger, users can chat with it directly. Meta's AI is also available in search across its apps, providing real-time information. The move has been described as both savvy and desperate, raising questions around Meta's true intentions.
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