Summary: Lenovo is offering a sale on the Legion Pro 5i gaming laptop with Nvidia RTX 4060 GPU, slashing the price from $1,829 to $1,313. The laptop boasts impressive specifications including an Intel Core i7 processor, high refresh rate, and ample storage.
Full articleSummary: Ford Motor introduces an AI-powered training program for 3,000 U.S. franchised dealers called 'Ford University' to improve customer service and engage employees using Netflix and YouTube-like interfaces.
Full articleSummary: Pfizer raised its annual profit forecast, citing cost cuts and strong demand for its COVID antiviral treatment and vaccine. The company expects adjusted earnings per share of $2.15 to $2.35 in 2024.
Full articleSummary: Analyst predicts upside potential for Boeing stock despite recent turbulence in 2024, supported by strong revenue in Q1 and robust demand for aircraft; advises investors to wait due to ongoing challenges in the company.
Full articleSummary: BNY Mellon has rolled out its cloud native data platform in the UAE for the first time.
Full articleSummary: Boeing contract dispute affects 120 first responders, including Moses Lake firefighters
Full articleSummary: Pfizer Inc. (PFE) raised its adjusted earnings guidance for the full-year 2024, while maintaining annual revenue outlook.
Full articleSummary: Pfizer reported first-quarter revenue that beat expectations and hiked its full-year profit outlook, driven by cost-cutting and strong non-Covid product sales. Despite a drop in Covid product sales, the company showed confidence in its business, expecting adjusted earnings of $2.15 to $2.35 per share for the year.
Full articleSummary: The US trucking market continues to struggle as shown by US Bank’s Freight Payment Index for the first quarter, which revealed declines in shipment count and freight spending. Winter storms, decreased demand after peak season, and other factors contributed to the challenges faced by the trucking sector. Despite some economic indicators pointing to improvement, analysts predict ongoing difficulties due to excess capacity in the market.
Full articleSummary: The article discusses how investors can follow Warren Buffet's simple yet successful investment approach which includes reinvesting dividends, holding stocks forever, and investing in areas they understand. It also mentions various ways investors can gain exposure to Berkshire Hathaway directly or through funds with a similar philosophy. It highlights the importance of long-term, buy-and-hold investing, caution against complacency, preference for cheap passive funds, reinvestment of dividends, and staying clear of investments that are not understood.
Full articleSummary: The US Dollar maintains its strength on the first trading day of May as investors await key data releases and the Fed's policy decisions. European markets are closed for Labor Day. USD registered gains against major rivals, while Wall Street faced losses. EUR/USD, GBP/USD, NZD/USD, and USD/JPY experienced movements due to various factors.
Full articleSummary: AccessFintech partners with BNY Mellon to address FX workflow challenges ahead of T+1 settlement regulations.
Full articleSummary: Investors are increasingly curious about the future of Berkshire Hathaway post Warren Buffett's tenure, with potential pressure to break up or pay dividends, successors like Greg Abel and Ajit Jain to address key issues at the upcoming annual meeting on May 4 in Omaha, NE.
Full articleSummary: Scenic Biotech partners with Bristol Myers Squibb to accelerate drug target development, receives upfront payment and potential milestone payments. The company's Cell-Seq platform is utilized for identification of target biology and modifier genes.
Full articleSummary: Booking Holdings (NASDAQ: BKNG) will be reporting Q1 results with analysts expecting revenue growth of 12.6% year on year to $4.26 billion, while adjusted earnings are projected at $14.14 per share. Most analysts have maintained their estimates, and Booking has a history of exceeding revenue expectations.
Full articleSummary: Pfizer Inc. announced earnings for the first quarter that decreased from last year but beat Street estimates. The company reported earnings of $0.55 per share, exceeding analysts' expectations of $0.52 per share. However, revenue for the quarter fell 19.5% to $14.88 billion.
Full articleSummary: CVS Health slashed its earnings and adjusted earnings guidance for the full-year 2024 due to potential continued elevated medical cost trends.
Full articleSummary: Pfizer Inc. reported first-quarter net income of $3.12 billion, with earnings per share of 82 cents, beating Wall Street expectations. The drugmaker's revenue of $14.88 billion also surpassed forecasts.
Full articleSummary: Union Pacific reported flat revenue and net income in the first quarter of 2024, with EPS slightly beating analyst expectations. Revenue forecast shows moderate growth in the next 3 years compared to the industry average. Share price remained stable over the past week.
Full articleSummary: CVS Health reports Q1 revenue and adjusted earnings below expectations, slashes full-year profit outlook due to higher medical costs. CVS shares drop 10% in premarket trading.
Full articleSummary: Citigroup could face billions of dollars in loan losses if efforts to combat climate change speed up, with an estimated $10.3 billion in losses over 10 years if emissions are brought down to zero by 2050, providing rare insight into how transition away from fossil fuels may impact the bank.
Full articleSummary: CVS Health Corporation reported first-quarter net income of $1.11 billion, missing Wall Street expectations with earnings of $1.31 per share. The company's revenue of $88.44 billion also fell short of Street forecasts. CVS Health expects full-year earnings to be $7 per share.
Full articleSummary: Starbucks shares dropped over 12% in premarket trading after reporting disappointing quarterly results and cutting its outlook for fiscal 2024, citing decline in same-store sales in the U.S. and internationally.
Full articleSummary: Dave West, President of Cisco Asia Pacific, Japan, and Greater China (APJC), is recognized for his compassionate and visionary leadership style, driving innovation and prioritizing the well-being of employees. With over 28 years of experience in technology and strategic roles within Cisco, Dave has played a pivotal role in steering the company towards growth and recognition for its customer-centric solutions.
Full articleSummary: Starbucks reported a decline in global like-for-like sales in its key US and China markets for the first time since the pandemic, leading to a decreased full-year outlook. The company experienced a 2% year-on-year fall in global sales, with notable declines in the US and China markets.
Full articleSummary: Public Investment Fund (PIF) and BlackRock partner to launch BlackRock Riyadh Investment Management (BRIM) with an initial investment of up to $5 billion, focusing on multiple asset classes in Saudi Arabia.
Full articleSummary: Apple is expected to report its biggest quarterly revenue decline in more than a year due to underperformance in the Chinese market and slow AI service rollout. The company is in talks with OpenAI and Google to add generative AI features to iPhones.
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