Summary: BlackRock, Inc. has increased its stake in James Hardie Industries plc, a leading construction materials company, with voting rights now exceeding 6%.
Full articleSummary: Nelly Korda wins Chevron Championship, extending her winning streak to a record-tying five and claiming her second major championship, bringing significant attention to women's golf and the LPGA Tour.
Full articleSummary: Nike is releasing a new 'Neon Paint' edition Air Force 1 inspired by 1990s DIY art and summertime activities.
Full articleSummary: Fool.com contributor Parkev Tatevosian updates his stock price forecast for Nvidia (NASDAQ: NVDA) and discusses whether investors should invest in Nvidia at the current time. The Motley Fool Stock Advisor analyst team did not include Nvidia in their list of top 10 stocks, which they believe could produce significant returns. However, The Motley Fool has positions in and recommends Nvidia, and Stock Advisor service has outperformed the S&P 500 since 2002.
Full articleSummary: A new data centre cybersecurity system called Hypershield, developed by Cisco, harnesses AI capabilities to meet the demands of AI explosion, promising autonomous security operations and self-upgrading functionality. This revolutionary solution aims to address the insatiable demand for computing power and the massive cybersecurity challenge faced by modern data centres.
Full articleSummary: Home Depot stores in New York have deployed guard dogs to deter aggressive migrants and thieves from loitering, following customers to their cars, and engaging in theft and harassment. The company acknowledges the concerns raised by customers but faces challenges in addressing the issue effectively.
Full articleSummary: The article discusses the 2024 Chevron Championship at The Woodlands, where temperatures dropped after a storm, affecting gameplay conditions. Nelly Korda trails by one going into the final round, looking to become the third player in LPGA history to win five consecutive starts. Several players are tied in the leaderboard, including Hae Ran Ryu and Brooke Henderson.
Full articleSummary: President Joe Biden announced that the U.S. will purchase and donate half a billion doses of Pfizer's Covid-19 vaccine to countries in need through COVAX, stressing the importance of global vaccination to end the pandemic. The U.S.'s commitment to provide vaccines without strings attached aims to address global vaccination inequality and prevent the spread of Covid-19 variants.
Full articleSummary: Boeing whistleblower testified that Boeing is taking shortcuts in assembling 787 Dreamliners, leaving sections of the aircraft’s skin vulnerable to breaking apart.
Full articleSummary: Cerity Partners LLC purchased a new stake in shares of Schwab Fundamental International Large Company Index ETF, with several other institutional investors also modifying their holdings of FNDF. The ETF is trading up 0.3%.
Full articleSummary: Birch Hill Investment Advisors LLC increased its holdings in NVIDIA Co. during the fourth quarter. Several other hedge funds have also adjusted their positions in NVDA. Insiders at NVIDIA have been selling company stock. Wall Street analysts have a positive outlook on NVDA stock with a consensus rating of 'Moderate Buy'.
Full articleSummary: Home furnishing stocks reported a weak Q4 with revenues missing analyst estimates on average. Tempur Sealy (NYSE:TPX) reported a weak quarter with revenues down 1.4% year on year, falling short of expectations. Mohawk Industries (NYSE:MHK) outperformed by reporting revenues of $2.61 billion, down 1.4% year on year but beating analyst expectations by 1.8%. La-Z-Boy (NYSE:LZB) had the slowest revenue growth in the group, reporting revenues of $500.4 million, down 12.6% year on year, missing analyst expectations. Lovesac (NASDAQ:LOVE) reported revenues of $250.5 million, up 5% year on year, falling short of expectations. Leggett & Platt (NYSE:LEG) reported revenues of $1.12 billion, down 6.7% year on year, in line with analyst expectations.
Full articleSummary: McDonald's quietly reintroduces the Oreo frappe to its menu after an eight-year break, along with new sandwich options. The Oreo frappe features chocolate flavor, coffee notes, and Oreo pieces topped with whipped cream and cookie crumbs.
Full articleSummary: Nvidia Inc. (NVDA) stock has dropped by 19.8% since the end of March, presenting a potential buying opportunity as the market undervalues the company's future prospects and revenue forecasts. Shorting out-of-the-money puts with high premiums is seen as a profitable strategy for income and low buy-in strike prices.
Full articleSummary: Tiana’s Bayou Adventure is set to open in Disney World this summer and in Disneyland later this year. Exclusive souvenirs and critter cards have been shared with Disney Cast Members.
Full articleSummary: Netflix negatively impacted the Nasdaq and S&P 500, while American Express helped lift the Dow. Pessimism about the Federal Reserve cutting interest rates soon also affected market sentiment. Chip-related stocks and major indexes experienced declines.
Full articleSummary: US expected to sanction IDF over human rights violations in West Bank. US House of Representatives approved additional military aid for Israel despite growing concerns over human rights violations in the West Bank.
Full articleSummary: Apple is facing challenges with slowing iPhone sales and upcoming earnings release. Mark Gurman suggests against a $250 iPhone as a solution to revenue growth issues, citing a historical lack of success for cheap iPhone models and various factors impacting iPhone sales.
Full articleSummary: Ford Motor Company is facing investigations and recalls for its F-150 and Bronco vehicles due to potential safety hazards, including sudden downshifting and fuel leaks leading to fires. These issues have raised concerns among consumers and experts.
Full articleSummary: Investors are questioning if AI stocks are all hype after a recent downturn. However, experts remain positive about Palantir Technologies, Snowflake, and Nvidia with strong reasons for long-term growth potential.
Full articleSummary: Alipay+ collaborates with Starbucks Korea to provide special promotional benefits for international tourists using partner e-wallets throughout 2024.
Full articleSummary: Caitlin Clark signs a monumental eight-year, $28 million deal with Nike, including her own footwear line, solidifying her status as a brand icon in women's sports.
Full articleSummary: Nelly Korda wins her record-tying fifth straight tournament with a two-stroke victory in the Chevron Championship, making her a two-time major champion. She continues her winning streak and her dominance in the LPGA Tour.
Full articleSummary: There has been an increased interest in gold and silver as investments due to recent inflation and economic uncertainty. Costco is now selling between $100 million and $200 million worth of gold and silver per month, with one-ounce gold coins being offered. Gold is considered a store of value and a hedge against inflation, but it may not deliver comparable returns to the stock market in the long run.
Full articleSummary: Caitlin Clark signed a lucrative $28 million, 8-year deal with Nike, making it the most lucrative shoe deal in women's basketball history. Nike outbid competitors like Adidas and Under Armour to secure the deal. Indiana Fever, the team where Clark plays, is the most bet on team to win the WNBA championship.
Full articleSummary: Reserve Bank of Australia Governor Philip Lowe hinted at potential interest rate hikes in the near-term to combat high inflation. Inflation is still well above the target range of 1% to 3%, with the bank expecting to conduct further tightening of monetary policy. Australian economic growth is predicted to be below average as effects of tighter policies are incorporated into the economy.
Full articleSummary: Boeing whistleblower claims fatal flaws in 787 jets leading to safety threats and reduced lifespan, while Boeing denies allegations and expresses full confidence in Dreamliner's structural integrity. Claims under investigation by FAA. Another whistleblower's mysterious death raises suspicions.
Full article