Summary: Lenovo unveiled its 4th-generation ThinkPad X1 Extreme laptop with Intel and NVIDIA components, as well as new AMD-powered ThinkPad Yoga, Chromebooks, and accessories.
Full articleSummary: Gilead Sciences was downgraded from a 'strong-buy' to a 'buy' rating by StockNews.com and received various other rating changes from equities analysts. The company also had a recent insider stock sale and institutional investors have been adjusting their holdings in the business.
Full articleSummary: Civil Aviation Minister directed Biman Bangladesh Airlines to contact Boeing following concerns of a former engineer urging to ground all Boeing 787 model planes due to manufacturing fault.
Full articleSummary: Korda is capitalizing on Chevron setup for fifth-straight win
Full articleSummary: Chairman of the Cabinet of Ministers of Kyrgyzstan invites Nvidia to take part in data processing center construction and meets with other tech companies in San Francisco.
Full articleSummary: Google One subscriber is considering cancelling the subscription due to Google rapidly reducing features, including Google's VPN service and exclusive editing features in Google Photos app.
Full articleSummary: Several major players in the financial industry are experiencing significant changes including layoffs, resignations of top executives, and strategic shifts.
Full articleSummary: Deep-pocketed investors have adopted a bearish approach towards PayPal Holdings, with significant options activities suggesting a big move. The mood among these investors is divided, with 23% leaning bullish and 76% bearish.
Full articleSummary: Nike, Inc. plans to cut around 740 jobs at its Oregon headquarters as part of cost-saving measures, while finalizing a substantial endorsement deal with basketball player Caitlin Clark. The company also launched Olympic kits for sponsored teams and athletes.
Full articleSummary: Gilead Sciences (GILD) reported Q2 earnings and sales that beat expectations, primarily driven by higher sales of HIV and oncology products. The company increased its revenue outlook and updated its 2022 guidance, with estimates trending upward in the past month. Gilead also made progress with new drug applications and strategic collaborations.
Full articleSummary: Apple Watch has once again proven to be a life-saver, detecting a fall of a cyclist and automatically dialling 911 and alerting emergency contacts, ultimately saving his life. The smartwatch's fall detection function successfully connected the user to emergency services in a critical situation.
Full articleSummary: Civil Aviation Minister directed Biman Bangladesh Airlines to address technical defects raised by a former Boeing engineer on Dreamliner-787 aircraft, Biman is in contact with Boeing to clarify issues. The Civil Aviation Authority of Bangladesh also instructed Biman to examine alleged security flaws in the Dreamliner aircraft. Boeing denied the allegations and expressed confidence in the aircraft's quality and safety based on stress-testing.
Full articleSummary: The Dow and wider U.S. stock market struggled for direction after talks between Trump and Kim ended abruptly, despite better than expected GDP data.
Full articleSummary: NUPRC is working to facilitate the sale of ExxonMobil's stake in MPNU to Seplat Energy Plc by ensuring compliance with Nigerian laws and the Joint Operating Agreement, as well as advocating for respect for the sanctity of the law in the deal. NUPRC has been implementing various regulations to streamline upstream petroleum operations and attract investors to Nigeria's oil and gas industry.
Full articleSummary: Disney's stock (NYSE: DIS) has been through turbulent times but has been supported by its long-standing reputation and successful acquisitions of Marvel and Lucasfilm. Despite facing a proxy battle and questionable executive decisions, the stock has shown resilience with a 36% ROI, showcasing its potential for long-term investors.
Full articleSummary: Senator Elizabeth Warren has accused Apple of using dirty tactics to maintain a lead in the smartphone market by making iMessage exclusive to iPhone users, causing social stigma and relationship rifts. She is penalizing Apple with an antitrust lawsuit. Legal experts and reports support the argument against Apple's alleged anti-competitive behavior.
Full articleSummary: Google terminated 28 employees who staged a sit-in protest over the company's contract with the Israeli government, valued at up to $1.2 billion, causing disruptions at the office. CEO Sundar Pichai emphasized the importance of maintaining a business-like environment and not using the company as a personal platform for disruptive issues or political debates.
Full articleSummary: Comparison between NextEra Energy and Black Hills Corporation as dividend stocks, NextEra Energy has an average yield of 3.3% while Black Hills Corporation offers a higher 5% yield and has a strong dividend growth rate. Black Hills Corporation is a Dividend King with 53 consecutive years of dividend increases.
Full articleSummary: Google is preparing for its annual developer conference, I/O 2024, with expectations of announcing Android 15 and introducing the budget-friendly Pixel 8a with AI-powered enhancements and slight price increase from its predecessor.
Full articleSummary: Caitlin Clark signs a new deal with Nike worth up to $28 million over eight years, surpassing offers from competitors like Adidas and Under Armour.
Full articleSummary: Caitlin Clark is about to sign a lucrative endorsement deal with Nike after her remarkable performance in college basketball. The deal is expected to be in the eight-figure range, marking a significant achievement for the WNBA rookie.
Full articleSummary: Wedgewood Partners have been long-standing holders of PayPal since 2015 and have been gradually adding to their position in the stock over the past two years, emphasizing the company's improving fundamentals amid negative market sentiment. The company's declining profitability in merchant services, management transitions, and normalization of growth rates post-COVID-19 have been causes of concern among investors, leading to an opportunity for Wedgewood to accumulate more shares.
Full articleSummary: Nvidia's value reaches $2.1 trillion, trailing Apple's $2.6 trillion. Next DC raises $1.3 billion for expanding facilities to meet AI demands. Weebit Nano advancing with faster nanochips to replace embedded flash memory devices.
Full articleSummary: Apple Watch Ultra 2 with new S9 chip and improved features is now available as a refurbished product on Apple Certified Refurbished store, offering a $120 savings on the original price. The device is designed for extreme sports enthusiasts and comes with a rugged titanium chassis and enhanced display quality.
Full articleSummary: Market sell-off led by tech stocks after a strong rally in 2023 as inflation concerns and rising bond yields put pressure on growth stocks. Nasdaq Composite and Nasdaq 100 hit lowest levels since January. High-profile tech stocks like Nvidia, Microsoft, and Apple faced significant declines. Analysts warn against buying the dip amid global uncertainty. Comparison made to 2000 dot-com bubble burst, but fundamentals and technicals suggest a different scenario this time.
Full articleSummary: Bank of America is the second-largest holding in Berkshire Hathaway's portfolio, and Warren Buffett has a long history of adding to his position in the bank. Although Bank of America boasts advantages such as a strong brand, financial stability, and dividend growth, concerns arise due to its reliance on consumer banking and potential challenges with credit quality amid inflation.
Full articleSummary: Boeing is leading the aviation revolution with a bold vision to introduce flying cars by 2030, backed by a $450 million investment in Wisk for autonomous flying taxis. The focus on Asia as the initial market for eVTOLs aims to address urban transportation challenges. Boeing's commitment to safety, innovation, and extensive aviation experience sets the stage for a transformative era in travel.
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