Summary: Federal Reserve may refrain from rate cuts as inflation data does not align with its target, leading to expectations of rates remaining steady. PGIM Fixed Income Co-Chief Investment Officer Gregory Peters provides insights on the rate cut outlook.
Full articleSummary: Decarbonization Partners received $1.4 billion in investments for its venture capital private equity fund, attracting 30 institutional investors from 18 countries and surpassing its initial target. The fund focuses on decarbonization outcomes and has already invested in several companies across different sectors.
Full articleSummary: Coca-Cola showcased its locally centered approach at the recent AmCham Summit in Nairobi, emphasizing its commitment to refreshing the world and making a difference by operating as a global company with local economic impact. The summit aimed to deepen U.S.-East Africa business ties, discussing trade policies, investment opportunities, and fostering strategic alliances.
Full articleSummary: Mr Accuracy Reports publicou uma nova pesquisa sobre Global Sistemas RFID, explorando estudos abrangentes sobre o mercado e os principais players, listando também as restrições e fatores responsáveis pelo crescimento do mercado, além de realizar uma segmentação detalhada por tipo e aplicativo.
Full articleSummary: Microsoft has fixed a bug causing incorrect BitLocker drive encryption errors in some managed Windows environments, affecting Intune and other MDM platforms. The bug only impacted client platforms, such as Windows 11, Windows 10, and Windows 10 Enterprise LTSC 2019, where drive encryption is enforced on OS and fixed drives. Microsoft resolved the bug with specific updates, except for Windows 10 Enterprise LTSC 2019.
Full articleSummary: Tether, a digital asset industry leader, made a $200 million strategic investment in Blackrock Neurotech, a maker of neurotechnology such as brain-computer interfaces (BCIs). The investment is intended for commercialization and rollout of Blackrock Neurotech’s offerings.
Full articleSummary: Laurus Labs (LAURUSLABS) met revenue, EBITDA, and PAT estimates for Q4FY24 and FY24 but underperformed on GPM in Q4FY24. Higher value CDMO and custom synthesis segment saw revenue rise. Target price revised to INR 503 with an accumulate rating upgraded to BUY.
Full articleSummary: Chevron Corporation reported over $5 billion in adjusted earnings for the ninth consecutive quarter, returned $6 billion to shareholders, and had record-high oil equivalent production, up 12% from the previous year. Strategic moves include the launch of the third Future Energy Fund and a merger with Hess Corporation progressing well.
Full articleSummary: The global Cyber Security In Fintech market is expected to witness significant growth due to the increasing R&D spending worldwide, rise in adoption of cloud-based security solutions, and the increasing risk of data loss.
Full articleSummary: Paul Cheng from Scotiabank maintained a Hold rating on Exxon Mobil with a price target of $129.00. RBC Capital also maintained a Hold rating on the stock with a $120.00 price target. Exxon Mobil has an analyst consensus of Moderate Buy with a price target consensus of $133.13.
Full articleSummary: Barclays and Jefferies analysts maintained Buy ratings on Exxon Mobil (XOM) with price targets of $147.00 and other analysts also had mixed views. Exxon Mobil reported a decrease in revenue and net profit compared to the previous year. Corporate insider sentiment is negative with increased selling activity.
Full articleSummary: General Dynamics had its price target upped by JPMorgan Chase & Co. to $298.00 with an overweight rating, with multiple other analysts reiterating their positive ratings and price targets on the aerospace company. General Dynamics also reported lower-than-expected earnings for the quarter and announced an increase in its quarterly dividend.
Full articleSummary: Tesla stock soared higher after CEO Elon Musk's productive trip to China resulted in approval for the company to move forward with its Full Self-Driving (FSD) software technology in China-built EVs, leading to a 12.3% increase in stock price.
Full articleSummary: Tesla CEO Elon Musk met with Chinese Premier Li Qiang, discussing economic cooperation and further collaboration between U.S. and China. Musk's visit coincides with Beijing auto show showcasing electric vehicle models.
Full articleSummary: Brussels to open probe into Meta's Facebook and Instagram over concerns of failing to counter disinformation, EU officials worried about handling Russia's efforts to undermine elections, investigation to assess compliance with Digital Services Act and potential fine of up to 6% global turnover
Full articleSummary: Stocks are rallying ahead of the highly anticipated Federal Open Market Committee (FOMC) meeting to determine the Federal Reserve's decision on potential rate cuts. J.P. Morgan Asset Management Global Market Strategist Jordan Jackson suggests that there's a real risk of no rate cut in 2024 due to factors like high core inflation and a tight labor market.
Full articleSummary: The Motley Fool Stock Advisor analyst team identified 10 best stocks for investors to buy now, excluding Intel. Stock Advisor service has outperformed S&P 500 since 2002.
Full articleSummary: Lowe's Companies (NYSE:LOW) has outperformed the market by 7.1% on an annualized basis over the past 10 years with an average annual return of 17.65%. Buying $1000 of LOW stock 10 years ago would be worth $4,982.93 today.
Full articleSummary: AMD Ryzen CPUs are leading in the Korean DIY sales charts against Intel's Core lineup with Ryzen 5 as the choice of gamers, resulting in AMD capturing a market share of 56.5% in February 2024.
Full articleSummary: Alphabet is endorsed by The Motley Fool, with one of its executives serving on the board of directors and a CFA having positions in the company. The Motley Fool also has positions in and recommends Alphabet. The Motley Fool has a disclosure policy in place, and Parkev Tatevosian, an affiliate, may earn compensation for promoting services.
Full articleSummary: Analysts project a decline in Amgen's quarterly earnings by 5.5% year over year to $3.76 per share. Revenues are expected to increase by 20.9% to $7.38 billion. Various product sales estimates show both positive and negative changes compared to the prior-year quarter.
Full articleSummary: Coca-Cola HBC AG's stock price reached a new 52-week high, with analysts giving a 'Neutral' rating and a price target of GBX 2,350. The stock has a 'Moderate Buy' consensus rating and a price target of GBX 2,860. Coca-Cola HBC is trading up 1.3% and has increased its dividend.
Full articleSummary: Colgate-Palmolive (CL) shares hit a new 52-week high of $92.25, with a 1.1% rise over the past month and a 14.2% gain since the start of the year. The company reported positive earnings surprises and is expected to post strong earnings growth.
Full articleSummary: Honeywell selected by Lilium to supply propulsion unit position sensors for Lilium's eVTOL jet, aiming to develop zero operating emissions high-speed transportation.
Full articleSummary: Elite Life Management LLC acquired a new stake in JPMorgan Chase & Co. and other hedge funds have also been buying shares of the company. Analysts have issued various ratings for the stock including a consensus rating of 'Moderate Buy'. JPMorgan Chase & Co. stock has been showing positive movement, with an increase in dividend announced. Insiders have been selling shares of the company.
Full articleSummary: Danaher Corp (DHR) was held by 11 out of 23 hedge funds in the latest 13F filings for the 03/31/2024 reporting period. Hedge funds increased their aggregate holdings of DHR by 2.73% compared to the previous reporting period.
Full articleSummary: IBM (IBM) has been one of the most searched-for stocks on Zacks.com lately. The stock's performance in the near term will be influenced by factors like revisions to earnings estimates, projected revenue growth, last reported results, surprise history, and valuation metrics.
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