Summary: International Business Machines Co. (IBM) shares traded up 0.5% during trading on Friday. Analysts have mixed opinions on the company's stock, with one sell rating, seven hold ratings, and five buy ratings. The company recently declared a quarterly dividend of $1.66 per share.
Full articleSummary: Starbucks (NASDAQ:SBUX) had its price target decreased by Guggenheim from $100.00 to $91.00 with a 'buy' rating, indicating a potential upside of 3.87%. The stock opened at $87.61 with a 52-week low of $84.29 and a high of $115.48. Insiders have been selling company stock.
Full articleSummary: Comcast is launching Now, its UK streaming and broadband brand, into the US market, offering quality, low-cost Internet, mobile and streaming TV products on a month-to-month basis.
Full articleSummary: Visa is named as one of the best long-run Dow stocks to consider buying as it continues to show consistent growth in revenue and transactions.
Full articleSummary: Microsoft researchers have developed a new AI model called VASA-1 that can create realistic videos of faces speaking by using a still image and an audio clip. The technology has potential uses in education and accessibility, but there are concerns about its misuse for impersonation and misinformation.
Full articleSummary: Coca-Cola's price target was decreased by JPMorgan Chase & Co. analysts from $66.00 to $65.00 with an 'overweight' rating, also receiving positive ratings from other analysts. Insiders including CEO James Quincey have been actively selling company shares recently. Hedge funds and institutional investors have been adjusting their holdings in the business.
Full articleSummary: BYD (Build Your Dreams) has overtaken Tesla as the world's top-selling electric carmaker. Lookers has opened its first BYD dealership in the UK, offering BYD's electric car models and plans for further vehicle launches over the next two years.
Full articleSummary: Genuine Parts had its price target increased by Truist Financial from $167.00 to $183.00 with a 'buy' rating. Six analysts have rated the stock with a hold rating and five have assigned a buy rating.
Full articleSummary: The trading session saw Nasdaq and S&P 500 close lower due to decline in tech stocks like Netflix, while Dow Jones remained higher supported by American Express gains. Nvidia suffered a significant decline. Nasdaq and S&P 500 ended down for the week, with Nasdaq facing its worst performance this year.
Full articleSummary: Researchers are exploring the use of sodium-based batteries to replace lithium-based batteries in electric vehicles, aiming to alleviate environmental stressors and improve sustainability. Companies like Thermo Fisher Scientific are investing in battery R&D to advance technology and address global challenges. They are looking at more common materials like sodium to improve battery life and sustainability.
Full articleSummary: Charles Schwab Co. (NYSE:SCHW) shares price shot up 1.1% on Friday, with analysts setting new price targets and the company declaring a quarterly dividend and posting positive quarterly earnings results.
Full articleSummary: The Minister for Communications, Innovation and Digital Economy, Dr Bosun Tijani announced strategic partnerships with Cisco, 21st Century Technologies like Awarri, and DataDotOrg to drive technological innovation and boost Nigeria’s digital Economy. The partnerships aim to address the needs of Nigerian citizens and communities and accelerate the country's growth in the field of AI.
Full articleSummary: Salesforce, Inc. shares rose 0.1% during trading on Friday. Analysts forecast growth and have given the stock multiple buy ratings with an average target price of $307.87. The company announced quarterly earnings that beat consensus estimates. Insiders have been actively selling shares. Institutional investors have been increasing their stake in the company.
Full articleSummary: Citizens Financial Group (CFG) had its price target raised by Citigroup analysts from $39.00 to $43.00 with a 'buy' rating, indicating a potential upside of 26.51% from the current price. The stock has received a mix of ratings from analysts, with an average price target of $35.93.
Full articleSummary: Elevance Health had its price target raised by Wells Fargo & Company to $600.00 with an 'overweight' rating, indicating a potential upside of 12.91% from the current price. Several other analysts also raised their target prices and ratings for the stock. Elevance Health reported earnings results exceeding expectations.
Full articleSummary: Investors who missed the rally of SoundHound AI may want to consider investing in Nvidia (NVDA) instead, given its stronger growth prospects and profitability compared to SoundHound. Nvidia is projected to have faster revenue growth and earnings growth in the coming years, making it a more attractive AI stock to consider.
Full articleSummary: McDonald's has completely changed how it makes its burgers for the first time in decades, including new buttery brioche-style buns, tighter sear for juicier beef patties, and improved onions to soak up meaty juices. The changes have been rolled out in the UK, Australia, and the United States.
Full articleSummary: Intel has built the world's largest neuromorphic system named Hala Point to support research for brain-inspired artificial intelligence, offering over 10 times more neuron capacity and up to 12 times higher performance compared to their previous system.
Full articleSummary: Apple removed Meta-owned apps WhatsApp and Threads from its app store in China on government orders due to national security concerns, complying with China's internet regulator, Cyberspace Administration.
Full articleSummary: Coca-Cola has appointed Kaushali Kusumapala as the new Country Director for Sri Lanka and Maldives, making her the first Sri Lankan woman to hold this position. Kaushali has a successful career history working with renowned organizations and brands, including Hemas International, Leo Burnett, Fonterra Dairy, and Domino’s Pizza. She is dedicated to steering Coca-Cola's brands and franchise operations to greater heights.
Full articleSummary: Crown Castle (NYSE:CCI) had its target price reduced by Wells Fargo & Company analysts from $115.00 to $100.00 with an 'equal weight' rating. Multiple other research firms have also adjusted their target prices and ratings for CCI.
Full articleSummary: Google announced the shutdown of its VPN service included with Google One due to lack of subscribers, possibly affected by consumer trust issues.
Full articleSummary: Research analysts at Citigroup assumed coverage on DLocal with a neutral rating and a $17.00 price target, suggesting a potential upside of 16.84%. Various other analysts have given mixed ratings on the stock, with a consensus target price of $18.38. DLocal stock is down 4.3%.
Full articleSummary: Stock analysts initiated coverage on General Electric with a 'hold' rating. Various other analysts also issued ratings and price targets on the stock. Insider trading activities were observed, with a senior vice president selling shares. Additionally, institutional investors have been buying and selling shares of General Electric.
Full articleSummary: Upcoming Pixel 8a expected to have a significant price hike compared to Pixel 7a, leaking details suggest prices between CA$708.99 and CA$792.99.
Full articleSummary: Altimmune, a small-cap company, is developing pemvidutide, a promising GLP-1 agonist weight-loss drug showing impressive trial results. Despite risks associated with its size and lack of approved products, Altimmune has the potential to generate significant returns if pemvidutide is successful and obtains approval.
Full articleSummary: Apple is expected to launch the next-generation Apple Watch X (Series 10) in September with improvements including a new magnetic band mechanism to increase battery capacity, a thinner case, and a new method of band attachment using magnets. The smartwatch may also have slimmer bezels, an even brighter and more power-efficient OLED panel, and a new blood pressure monitor.
Full article