Summary: Microsoft has seen significant growth in its Teams Rooms installations, now surpassing one million. Teams Phone has over 20 million PTSN users, marking it as the cloud calling market leader. The company is rolling out a faster, more memory-efficient version of Microsoft Teams to all customers.
Full articleSummary: Ford Motor Co. Fund, the philanthropic arm of Ford Motor Co., is renaming itself as Ford Philanthropy to reflect its 75-year legacy of driving impact in Ford communities worldwide. Despite the rebranding, the organization's partnerships, funding model, and focus priorities remain the same.
Full articleSummary: Vulnerabilities in Cisco Firepower Threat Defense (FTD) and Adaptive Security Appliance (ASA) software could allow attackers to execute arbitrary commands and code, leading to denial of service (DoS) and unauthorized access. CERT-In recommends applying relevant upgrades released by Cisco.
Full articleSummary: Intel (INTC) has seen a decline in its stock price recently and is facing a negative outlook with a Zacks Rank of #4 (Sell). Despite positive changes in earnings estimates, the stock is expected to underperform in the near term.
Full articleSummary: Chevron Corporation reported a decrease in earnings for the first quarter of 2024 compared to the same period last year, primarily due to lower margins on refined product sales and lower natural gas realizations, despite increased production. The company saw an increase in worldwide production by 12% and returned $6.0 billion of cash to shareholders, including dividends of $3.0 billion and share repurchases of nearly $3.0 billion. Chevron's Board of Directors declared a quarterly dividend of $1.63 per share.
Full articleSummary: Coca-Cola (KO) is expected to post first quarter results with a 2.9% rise in EPS and flat revenue of $10.97 billion. Despite price hikes to combat costs, consumer demand for its carbonated drinks remains strong, with a focus on targeting Generation Z for growth.
Full articleSummary: Comcast has been listed as one of the most searched stocks on Zacks.com. The stock has returned -11% in the past month amidst a broader decline in the Cable Television industry. Zacks Rank #3 (Hold) has been assigned, and the stock is considered undervalued in comparison to its peers.
Full articleSummary: NHTSA opens investigation into Ford's BlueCruise after two fatal crashes involving Mustang Mach-Es with BlueCruise active colliding with stationary vehicles at night. No recall or advisory issued yet, but drivers reminded to stay attentive.
Full articleSummary: Fool.com contributor Parkev Tatevosian evaluates PayPal (NASDAQ: PYPL) stock and recommends it to investors.
Full articleSummary: The Motley Fool Stock Advisor team did not include Intel in their list of the top 10 best stocks for investors, suggesting there may be better investment opportunities available.
Full articleSummary: Apple had its price target cut by Citigroup analysts from $220.00 to $210.00, with a 'buy' rating maintained on the stock. Various analysts also reaffirmed different ratings and price targets on AAPL shares. Apple last reported quarterly earnings results that beat analysts' estimates, and company insiders have been actively selling shares. Several institutional investors have made changes to their positions in Apple.
Full articleSummary: Charter Communications reports higher Q1 profits despite continued cord-cutting, with revenue growth in residential mobile sector. The company added broadband subscribers, but lost video customers, resulting in overall revenue growth of 0.2%.
Full articleSummary: The Futura Laboratories x Nike SB Dunk Low ‘Bleached Aqua’ has been officially confirmed after five months. Made in collaboration with graffiti artist Futura, it features unique custom artworks and a breathable white mesh base.
Full articleSummary: Texas Instruments (TXN) has been one of the most searched-for stocks on Zacks.com lately, with its performance compared to the Zacks S&P 500 composite and the Zacks Semiconductor - General industry. Revisions to earnings estimates, revenue growth forecast, last reported results, surprise history, and valuation are key factors affecting the stock. Zacks Rank #3 (Hold) indicates a neutral sentiment in the near term.
Full articleSummary: MSI is gradually shifting its focus away from Radeon graphics cards towards GeForce GPUs due to the sustained popularity of Nvidia cards in the market. MSI's distancing from Radeon cards is evident through dwindling stock and removal of Radeon portfolio from its website.
Full articleSummary: Proxy advisory firm ISS recommends shareholders vote against ratifying BlackRock CEO Larry Fink's $27 million compensation for 2023 due to concerns over process for determining annual cash incentive awards. BlackRock's assets hit a record $10.5 trillion in Q1 with a 36% profit jump.
Full articleSummary: Proxy advisory firms ISS and Glass Lewis recommend BlackRock shareholders vote against CEO Larry Fink's $27 million 2023 compensation package due to concerns about pay and performance alignment.
Full articleSummary: Proxy advisory firm ISS recommends shareholders vote against ratifying BlackRock CEO Larry Fink's 2023 compensation due to concerns over annual cash incentive awards. Additionally, ISS advises against a proposal by activist investor Bluebell Capital Partners to require an independent chairman at BlackRock.
Full articleSummary: Republic First Bank in Philadelphia, USA, has been closed and sold to Fulton Bank by regulators due to financial troubles, with FDIC appointed as the receiver.
Full articleSummary: Retirement Systems of Alabama reduced its holdings in Amgen Inc. by 2.5% in the 4th quarter, selling 2,999 shares worth $33,971,000. Several other hedge funds also made changes to their positions in AMGN. Overall, analysts have a "Moderate Buy" rating on Amgen with an average price target of $297.40.
Full articleSummary: Florida Governor Ron DeSantis signed bills allowing teenagers to work longer hours in dangerous jobs, supported by major builders and employers like Disney and Universal. The bills received criticism for potentially leading to the exploitation of minors.
Full articleSummary: SpaceX expands Starlink sales to Target, offering the V4 dish for $599 on Target.com. The company aims to attract more US sales through various retailers and online platforms.
Full articleSummary: Wall Street stocks were in the green with some key companies reporting better-than-expected earnings. Dow Jones opened higher with Tesla and Domino's Pizza shares on the rise. Apple, McDonald's, Coca-Cola, and Amazon are set to release earnings soon.
Full articleSummary: Delta Air Lines is offering a promotion where customers who purchase a gift card worth $300 or more will receive a free $20 Starbucks e-gift card. The promotion runs until May 13 at 11:59 p.m. ET or until 7,000 customers take advantage of the deal.
Full articleSummary: Proxy advisory firms ISS and Glass Lewis recommend BlackRock shareholders to vote against CEO Larry Fink's 2023 compensation totaling roughly $27 million, citing concerns about the disconnect between pay and performance during the year in review and the structure of retention awards granted to executives.
Full articleSummary: Tesla Inc. faced its first-ever strike led by union workers in Malmö, Sweden.
Full articleSummary: IBM is set to acquire HashiCorp for $6.4 billion, aiming to create a comprehensive hybrid cloud platform designed for the AI era, streamline and simplify application, infrastructure and security lifecycle management, and expand the total addressable market for combined hybrid and multi-cloud offerings.
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