Summary: CPS Energy plans to standardize its technologies on a modern Oracle cloud platform to optimize operations and enhance customer service for its 1.3M customers. The collaboration with Oracle provides utility applications to six of the ten largest municipal utilities in the US.
Full articleSummary: The Home Depot will hold its First Quarter Earnings Conference Call on May 14 at 9 a.m. ET. A webcast will be available for the event.
Full articleSummary: PayPal reported higher first-quarter results and issued an improved outlook for the second quarter and fiscal 2024, with increased earnings per share projections. The company's first-quarter profit rose from the prior year but fell short of analysts' expectations.
Full articleSummary: Paypal Holdings Inc. reported first-quarter earnings of $888 million, with adjusted earnings per share of $1.40.
Full articleSummary: Nvidia CEO Jensen Huang is described as a demanding and perfectionist leader, attributing these qualities to the company's success and transformation into a $2 trillion AI powerhouse. He believes in pushing boundaries and staying connected through direct reports.
Full articleSummary: PayPal executives raise 2024 profit forecast, focus on growth in branded checkout products amidst competition from big tech. Stock struggles in 2021 due to competition fears. New management aims for profitable growth and cost discipline.
Full articleSummary: American Tower Corp. reported better-than-expected funds from operations in the first quarter.
Full articleSummary: PayPal Holdings (PYPL) stock jumped 7.8% in premarket trading after the company's earnings topped estimates on better-than-expected performance across various financial metrics. The company provided optimistic guidance for 2024 and Q2.
Full articleSummary: Tableau Conference 2024 unveils new features focusing on extensibility, usability, AI, and scalability, allowing data analysts and non-professionals to benefit from data insights. Key announcements include Viz Extensions, Shared Dimensions, Composable Data Sources, Tableau Desktop Public Edition, Tableau Pulse, Einstein Copilot for Tableau, Hyperforce, and Tableau+.
Full articleSummary: Boeing's aircraft delivery delays are leading American Airlines to reduce three long-haul routes from DFW International Airport this year, and adjust services for the second half of the year and first quarter of 2025 due to ongoing 787 Dreamliner delivery delays.
Full articleSummary: Global Mofy Metaverse Limited announced partnership with Heartdub and NVIDIA to develop Gausspeed, a generative artificial intelligence platform for film production and content creation, aiming to enhance collaboration and efficiency in the entertainment industry.
Full articleSummary: Holly O'Neill's journey in Bank of America from credit analyst to COO and then President of Retail Banking, emphasizing on financial health and digital transformation. The bank focuses on providing a foundation of financial health to all clients with a client-focused approach and operational excellence.
Full articleSummary: The Home Depot will hold its First Quarter Earnings Conference Call on May 14, 2024, and a webcast will be available for interested parties.
Full articleSummary: Eli Lilly raises annual revenue forecast by $2 billion due to strong demand for weight-loss treatment Zepbound and diabetes drug Mounjaro, surpassing market value of Tesla and Walmart. However, supply for the drugs remains constrained with most doses expected to be limited through the second quarter. Sales growth for these treatments will depend on production capacity.
Full articleSummary: General Dynamics has laid the keel for the US Navy's sixth Expeditionary Sea Base, the USNS Hector A. Cafferata Jr. (ESB 8), as part of a US Department of Defense program to expand its fleet of versatile ships supporting various tactical capabilities.
Full articleSummary: PayPal raised its full-year adjusted profit forecast as the payments giant benefited from robust consumer spending and cost-cutting measures to improve operating margins. The company expects 2024 adjusted profit to increase by mid-to-high single-digit percentage compared to its earlier forecast of remaining flat. PayPal also anticipates second-quarter revenue to grow 7% on FX-neutral basis.
Full articleSummary: Paypal Holdings Inc. reported better-than-expected first-quarter earnings of $888 million with a per-share net income of 83 cents and adjusted earnings of $1.40 per share. The company posted revenue of $7.7 billion, surpassing Street forecasts.
Full articleSummary: Salesforce introduced AI-enabled offerings to tackle the increasing problem of customer disputes in financial institutions. The new features aim to streamline dispute management, provide transparent communication, and automate tasks for bank service agents.
Full articleSummary: Wells Fargo stock has underperformed compared to the S&P 500 index and the overall financial sector due to the 'fake accounts' scandal and an asset cap imposed by the Federal Reserve, among other reasons.
Full articleSummary: PayPal announced strong financial results for the first quarter of 2024, with revenues and adjusted profit showing significant growth and beating analysts' estimates.
Full articleSummary: Everspin Technologies announced that IBM has chosen their PERSYST EMD4E001G 1Gb STT-MRAM for use in FlashCore Module 4, ensuring data protection in the event of power loss.
Full articleSummary: AtriCure, Inc. will be participating in the upcoming Bank of America Securities Healthcare Conference on May 14, 2024, presenting their innovative technologies for the treatment of Afib and related conditions.
Full articleSummary: PayPal raised its full-year adjusted profit forecast as consumer spending remains strong. The company aims to lower costs and increase margins through strategic initiatives. It expects 2024 adjusted profit to increase by mid-to-high single-digit percentage.
Full articleSummary: The stock prices of Home Depot, Inc. (HD) have not found a bottom yet according to technical and fundamental signs, facing challenges like high valuation, declining sales, and high inventories.
Full articleSummary: Google announces new ad updates including expanded placement options, improved data tracking tools, and AI-based audience creation, with integrations with streaming providers like Disney, Paramount, NBCUniversal, and Warner Bros.
Full articleSummary: PayPal Holdings (PYPL) reported first-quarter earnings that rose 27% from a year earlier under a new accounting methodology, with revenue and total payment volume beating expectations. The stock rose 8.2% in early trading, surpassing a key buy point. PayPal also updated its 2024 guidance, forecasting adjusted EPS growth of 'mid to high single-digit percentage'.
Full articleSummary: Leading tech companies continue to invest in artificial intelligence, making it essential for investors to consider AI-related stocks. Meta Platforms (META), Amazon (AMZN), and Intel (INTC) are among the companies poised to benefit from the AI revolution.
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