Summary: Ford Performance introduces a new dual-overhead-cam crate engine with 760 horsepower and 625 pound-feet of torque. The engine is said to replace the previous Shelby GT500-spec crate engine and is similar to the F-150 Raptor R's series-production mill.
Full articleSummary: Cetera Trust Company N.A bought a new stake in Costco Wholesale Co., while several other hedge funds also increased their stakes in the company. Analysts have weighed in on Costco Wholesale with various price targets and ratings. Insider activity includes significant stock sales by company executives. Costco Wholesale saw a small trading dip of 0.2% on NASDAQ.
Full articleSummary: Hussman Strategic Advisors Inc. reduced its position in Starbucks Co. by 25.0% in the 4th quarter. Several other hedge funds and institutional investors have also bought and sold shares of SBUX. Starbucks also announced a quarterly dividend and had insider activity including a recent share sale.
Full articleSummary: Nike's stock has declined nearly 25% over the past year due to losing market share and lack of innovative offerings. The company is facing competition from emerging players like On Holding and Hoka, among others. Wall Street is divided on Nike, with some analysts optimistic about its initiatives to revamp the business and innovate, while others are cautious about near-term headwinds.
Full articleSummary: Nelly Korda continues her solid play at the Chevron Championship, leading by multiple shots before the final holes.
Full articleSummary: Costco has started selling $100 million to $200 million worth of gold and silver per month which includes one-ounce gold coins. The gold coins being sold are 2024 1 oz American Eagle Gold Coins produced by the U.S. Mint sold for $2,469.99 each. Costco's price for the gold coins is higher than the current market value for gold.
Full articleSummary: Ex-VP of HR at Microsoft shared a key interview question that focuses on learning something new in the last couple of days to assess candidates' passion and enthusiasm for learning.
Full articleSummary: Concerns about structural flaws in Boeing's 787 Dreamliner raised by engineer Sam Salehpour, who alleges that manufacturing shortcuts could lead to fuselage issues mid-flight. FAA investigating the claims.
Full articleSummary: Nike's stock has declined nearly 25% over the past year due to losing market share and lack of innovation. Analysts are divided on Nike's future, some believe in its revival through innovation and cost reduction measures, while others are cautious about ongoing headwinds.
Full articleSummary: Former senior White House cyber policy director AJ Grotto expresses concerns over Microsoft's level of control over IT within the US federal government, labeling their recent security failures as a national security issue.
Full articleSummary: Starbucks has unveiled a new lineup of more sustainable cups that are made with up to 20% less plastic, aim to reduce plastic waste in landfills by 13.5 million pounds, and provide environmental benefits like emissions reduction and water conservation.
Full articleSummary: Calamos Advisors LLC reduced its position in HP Inc. by 1.3% during the 4th quarter, according to the company's recent disclosure. Various other institutional investors also made changes to their positions in the company. Several analysts have set new price targets for HP, with most giving a buy rating and a consensus price target of $33.11. HP reported its quarterly earnings which met the consensus estimate. The company also declared a quarterly dividend and there has been insider selling activity at HP.
Full articleSummary: Johnson & Johnson and Kenvue Inc. were ordered to pay USD 4.5 crore to the family of a woman who claimed the businesses' baby powders caused her terminal cancer. J&J and Kenvue bore liability for the death, with J&J unit marked culpable in successful talc lawsuit outcome. Company has denied claims, but Kenvue ceased talc-based products production earlier.
Full articleSummary: ESPN+ will feature groups during the final round at The Club at Carlton Woods for the Chevron Championship on Sunday, with the last two groups airing from approximately 12:20 p.m. to 2 p.m. ET. The featured golfers in these groups include notable players such as Nelly Korda, Brooke Henderson, and Marina Alex.
Full articleSummary: Microsoft's stock market success story under the leadership of Satya Nadella, transitioning to a cloud company and seeing significant growth in market value and stock price over the years.
Full articleSummary: Coca-Cola's share price rose 0.8% on Friday and several positive research reports have been released, resulting in an average target price of $67.09. The company has also reported strong quarterly earnings and increased dividend. Insider buying and selling activities have been significant, and institutional investors have shown interest in the stock.
Full articleSummary: Highview Capital Management LLC DE increased its position in shares of NVIDIA Co. (NASDAQ:NVDA) by 1.7% in the fourth quarter, with the institutional investor owning 4,139 shares worth $2,050,000. Several other hedge funds also adjusted their positions in the company. Wall Street analysts have raised their price targets and ratings for NVDA stock. NVIDIA recently announced a quarterly dividend. Insider activity includes recent selling of NVIDIA shares by Director Mark A. Stevens.
Full articleSummary: Thermo Fisher Scientific announced that their Thermo Scientific e scan in-line food analyzer dairy chambers are now 3A approved for CIP and SIP sanitary applications, ensuring the highest standards of cleanliness.
Full articleSummary: The article criticizes Pfizer's Covid vaccines and new antiviral drug Paxlovid, highlighting the lack of efficacy despite being promoted by CDC, media, and politicians. A study revealed Paxlovid showed no significant difference in symptom alleviation compared to placebo, undermining Pfizer's own trial results, funded by the company itself.
Full articleSummary: An analyst at Piper Sandler raised price targets for ExxonMobil and Chevron, implying a 22% and 30% upside respectively, based on a positive outlook for oil majors. The companies' near-term prospects are influenced by ExxonMobil's arbitration case against Chevron.
Full articleSummary: The final round of the 2024 Chevron Championship is set to begin with Hae Ran Ryu holding the solo lead after the third round. Nelly Korda and Brooke Henderson are in second place, while Im Jin Hee and Atthaya Thitikul slipped to T4.
Full articleSummary: Apple is likely to skip releasing an M3 version of the Mac mini and instead focus on a bigger update with M4 chips by the end of the year, as indicated by Bloomberg's Mark Gurman.
Full articleSummary: Kevin Durant debuted his newest signature sneaker, the Nike KD 17, during Game 1 of the Western Conference Playoff series, scoring 31 points. The sneaker resembles the Nike Air Max Plus and is set to launch on May 24 for $150 in adult sizes.
Full articleSummary: Costco is offering various discounts on popular food items including Sensible Portions Veggie Straws, Nature Valley Biscuits with Almond Butter, Siete Grain-Free Tortilla Chips, Outshine Fruit Bars, Vita Coco Coconut Water, Rao's Homemade Marinara Sauce, and Bibigo Fully Cooked Mini Wontons.
Full articleSummary: Microsoft announces big changes in how the web version of the Microsoft Store works, introducing new 'installers for web' for faster and simpler app downloads with increased user experience.
Full articleSummary: Investors are eagerly anticipating earnings reports from a wide array of companies across various sectors including technology, healthcare, energy, industrial, consumer goods, and airlines. Notable companies reporting include Tesla, Microsoft, Alphabet, Meta Platforms, Exxon Mobil, Chevron, General Electric, Boeing, PepsiCo, American Airlines Group, and Chevron. This week will provide insights into the performance of these key sectors.
Full articleSummary: Nelly Korda is one shot off the lead after shooting a 3-under 69 in the weather-delayed third round of the Chevron Championship
Full article