Summary: Rumors about the upcoming Apple iPhone 16 series indicate design changes, new features, and higher prices. The models are expected to have larger screen sizes, new camera systems, and an upgraded A18 chipset.
Full articleSummary: Costco offers various affordable solutions for wedding planning, from decor items to bridal party gifts and DIY projects. It is particularly beneficial for smaller weddings to take advantage of their discounted prices on florals, invitation printing services, and food trays.
Full articleSummary: Federal Reserve and top US regulators are moving forward with the plan to make big banks hold more capital despite critics' calls to scrap it, with some officials aiming to finalize it by August.
Full articleSummary: Nike secures kit supply rights with the French Football Federation, holding off Adidas.
Full articleSummary: Brookfield Asset Management, Brookfield Renewable, and Microsoft have signed a global renewable energy framework agreement to develop over 10.5 gigawatts of new renewable energy capacity to help Microsoft achieve its goal of using zero carbon energy purchases by 2030.
Full articleSummary: Google urges the US government to update immigration policies to attract AI and tech talent from abroad, as the country faces a shortage of specialists in areas like AI and cybersecurity.
Full articleSummary: The solar industry continues to struggle due to higher interest rates, with companies like Enphase Energy and First Solar reporting disappointing earnings. Berkshire Hathaway prepares for its annual shareholder meeting, while Costco's move into precious metals business could impact their upcoming earnings.
Full articleSummary: Colgate-Palmolive Company beats earnings expectations for Q1 2024, reporting EPS of $0.86 compared to the expected $0.82. The company attributes its success to balanced top line growth and flexibility in the profit and loss statement.
Full articleSummary: McDonald's plans to introduce a larger and more filling burger in select restaurants in the US and worldwide, aiming to provide superior value to customers, in response to their desire for larger, high-quality burgers.
Full articleSummary: CVS Health's profits declined due to rising insurance benefit payouts, particularly in the healthcare benefits segment, leading to a sharp drop in the stock price. The company's adjusted earnings per share significantly missed estimates, prompting a downgrade in yearly guidance.
Full articleSummary: GE Aerospace reported strong earnings beat and raised guidance, attracting positive analyst forecasts. However, concerns about future growth and high valuation levels are noted, raising uncertainties about sustaining the stock price.
Full articleSummary: Nike is offering deals on various shoes including the Pegasus 40, Wildhorse 8, Air Max 270, and more, with an extra 25% off using the coupon code 'JUST4MOM'.
Full articleSummary: Pharmaceutical giant Pfizer is creating an online platform to sell anti-COVID and migraine medications directly to consumers, following a trend in the industry. The platform is expected to launch later this year and will connect consumers with telehealth consultants for prescriptions and drug-dispensing partners for shipping.
Full articleSummary: FedEx Express, in partnership with Qhubeka Charity, donates 200 bicycles and maintenance kits to youth in rural Africa to improve access to education and opportunities.
Full articleSummary: Editas and Bristol Myers have extended their collaboration agreement for developing alpha-beta T cell therapies by two years to 2026, with potential extension to 2028.
Full articleSummary: Starbucks (SBUX) stock collapses 16% following disappointing Q2 earnings, revenue misses by $600 million with a major slowdown in consumer spending in US and China.
Full articleSummary: Ford Motor Company is facing multiple recalls including for Maverick vehicles, Mustang Mach-E cars, and compact SUVs and pickups due to various safety concerns reported by the National Highway Traffic Safety Administration (NHTSA).
Full articleSummary: Comcast is offering Xfinity customers in Detroit a monthly credit due to the loss of Bally Sports Detroit following a failed agreement with Diamond Sports Group.
Full articleSummary: Pfizer is following Eli Lilly's lead and establishing a direct-to-consumer service to sell medicines online and avoid industry middlemen. The company plans to sell products like Paxlovid and a migraine nasal spray in this manner. Despite a drop in overall sales, Pfizer's revenue for the first quarter surprised analysts, resulting in a 4% increase in share price by late morning. Pfizer also reaffirmed its profit outlook and revenue guidance for the year. The company anticipates its Seagen products to generate significant sales in the coming years.
Full articleSummary: Charter Communications, Inc. missed on earnings expectations with reported EPS of $7.55 versus expectations of $7.59. Despite losing 72,000 Internet customers, they added nearly 500,000 Spectrum Mobile lines. They expect growth in EBITDA and free cash flow over time with a focus on converged connectivity products and improved mobile offerings.
Full articleSummary: Charter Communications, Inc. (NASDAQ:CHTR) reported missing on earnings expectations with EPS of $7.55 compared to expectations of $7.59. The company lost 72,000 Internet customers but added nearly 500,000 Spectrum Mobile lines. Despite challenges, the company remains confident in its ability to grow. The company discussed various strategic initiatives, including network evolution and mobile offerings.
Full articleSummary: Colgate-Palmolive Company reported strong Q1 2024 earnings with a beat on earnings expectations and organic sales growth in all categories and divisions. They highlighted balanced top-line growth and flexibility in the P&L as key factors for their success. The company showed confidence in mid to high single-digit base business earnings per share growth despite foreign exchange headwinds.
Full articleSummary: Booking Holdings (NASDAQ:BKNG) beat analysts' revenue and earnings expectations in Q4 FY2023, with revenue up 18.2% year on year to $4.78 billion and non-GAAP profit of $32 per share. Room nights booked increased by 20 million year on year. Despite beating expectations, the stock price is down by 3.9% post-earnings report.
Full articleSummary: A group of publications owned by Alden Capital Group are suing Microsoft and OpenAI for using their copyrighted articles in AI products without permission or payment. This lawsuit is part of several others filed against the companies for similar reasons. The publications claim that the AI products are reproducing their articles without proper attribution and even attributing inaccurate reporting to them.
Full articleSummary: Tallahassee's largest Tesla Supercharging Station has opened at Westend Square Shopping Center with 14 chargers, including 12 super chargers. Other EV vehicles can also use the stations. The new facility aims to provide fast charging capabilities for EV owners and is seen as a significant development for the electric vehicle community in the area.
Full articleSummary: Union Pacific Railroad awarded 137 companies with the 2023 Pinnacle Award for their dedication to safely transporting chemicals by rail, marking the highest number of recipients recognized in over a decade.
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