Summary: Palmolive, the personal care brand from Colgate-Palmolive India, launches a campaign featuring its body wash range with five unique fragrances. The aim is to encourage consumers to slow down and savor their daily shower experience.
Full articleSummary: Meta, formerly known as Facebook, disclosed that its median employee made over $379,000 in 2023, significantly higher than industry averages. CEO Mark Zuckerberg's total compensation was $24.4 million in 'other compensation' in 2023 despite a base salary of $1.
Full articleSummary: Analysts have shared a mix of bullish and bearish perspectives on Charter Communications (CHTR) over the past three months, with recent adjustments to price targets. Despite some positive ratings, adjustments to price targets have resulted in a drop in the average target price.
Full articleSummary: Tesla surged on news reports that Beijing has given preliminary approval for the electric-vehicle giant to launch its Full Self-Driving in China, Nvidia eyed a new buy point on the stock market today. Additionally, key earnings reports included Domino's Pizza (DPZ), On Semiconductor (ON), and SoFi Technologies (SOFI).
Full articleSummary: ExxonMobil is highlighted as one of the world's leading dividend payers, showing a commitment to sustaining, growing, and remaining competitive with its dividends. The company's consistent approach to capital allocation has enabled it to double its earnings capacity by 2027 and maintain a strong balance sheet.
Full articleSummary: PGGM Investments purchased a new position in Bristol-Myers Squibb during the fourth quarter, with several other large investors also making changes to their positions in the company. Analyst ratings have been mixed, with an average rating of 'Hold' and an average target price of $60.00. Bristol-Myers Squibb's stock traded up 0.8% and the company announced a quarterly dividend.
Full articleSummary: Retirement Systems of Alabama reduced its position in Pfizer Inc. by 34.7% during the 4th quarter, selling 662,087 shares worth $35,827,000. Other institutional investors have also made moves regarding Pfizer's stock recently.
Full articleSummary: PGGM Investments decreased its stake in shares of Oracle Co. by 61.6% during the 4th quarter. CEO Safra Catz sold 790,000 shares of the company's stock. Analysts have given a consensus rating of 'Moderate Buy' to Oracle stock.
Full articleSummary: Paradigm Financial Partners LLC reduced its stake in Danaher Co. (NYSE:DHR) by 90.1% during the 4th quarter, while other institutional investors like Banco Santander S.A. and Allspring Global Investments Holdings LLC have made significant modifications to their holdings in the company. Danaher also announced an increase in its quarterly dividend and saw insider transactions, including stock sales by EVP Joakim Weidemanis and CEO Rainer Blair. Moreover, Wall Street analysts have provided mixed ratings on the stock, with price targets ranging from $260 to $290 and an average rating of 'Moderate Buy'.
Full articleSummary: Shopify (NYSE:SHOP) was upgraded by Citigroup from 'neutral' to 'buy' with a price target of $105.00, indicating a potential upside of 47.20%. Various other analysts have also raised price targets on Shopify, with an average price target of $78.62. Shopify reported positive quarterly earnings with an EPS beat.
Full articleSummary: Ford's Blue Cruise partially automated driving system involved in two fatal crashes, drawing attention of U.S. auto safety regulators. Investigations opened for crashes in Texas and Philadelphia, killing three people. NHTSA to evaluate Blue Cruise's driving tasks performance and driver monitoring system.
Full articleSummary: The project to relaunch the Málaga Nostrum shopping centre with a Costco supermarket is facing delays but owners are confident they will receive necessary planning permission soon. Costco intends to start construction this year and open the store in 2026 along with a petrol station on the site. The overall investment exceeds 60 million euros.
Full articleSummary: Google has decided to delay the full deprecation of third-party cookies in Chrome to 2025, raising concerns from the UK's Competition and Markets Authority (CMA) about potential implications on competition and data privacy. The CMA is discussing with Google to limit the use of its own first-party data for ad targeting and measurement on its owned platforms to address competitive concerns.
Full articleSummary: Alphabet, Microsoft, and Meta all had impressive revenue and earnings growth in the latest quarter, with two big victories and one defeat. Meta Platforms faced a negative reaction from investors despite strong financial performance, making it potentially undervalued and the best pick among the three AI stocks discussed.
Full articleSummary: Kaiser Permanente, a health plan, disclosed a data breach where patients' information was inappropriately shared with tech giants like Alphabet Inc., Microsoft Corp., and X. The breach included names and search history of 13.4 million current and former patients.
Full articleSummary: Starbucks (SBUX) will be reporting Q1 earnings with analysts expecting a 5% revenue growth year on year and adjusted earnings of $0.80 per share. The company has seen bearish sentiment with downward revisions in revenue estimates over the last month. Peer companies like Darden and Kura Sushi have reported mixed results in the same segment, impacting their stock prices.
Full articleSummary: IBM signed an agreement with the governments of Quebec and Canada to invest in its plant in Quebec, aiming to strengthen the semiconductor industry and advance packaging capabilities. The company will also focus on research and development to improve manufacturing processes and collaborate with Canadian businesses for long-term sustainability.
Full articleSummary: Apple was upgraded by Bernstein analyst citing concerns over sales in China as overdone, while Lululemon and Tesla faced downgrades over competition and headwinds respectively. AT&T was upgraded by Barclays due to growth prospects and lower churn rates. Shopify, Ulta, and Tesla also received ratings changes by analysts for various reasons.
Full articleSummary: The European Union is launching an investigation into Meta (formerly Facebook) for its handling of disinformation from Russia and other countries, specifically in relation to upcoming elections in Europe.
Full articleSummary: Investigation by NHTSA reveals incidents involving Ford's BlueCruise driver-assistance system resulting in fatalities. Similar incidents involving Ford's advanced-driver assistance technology have raised concerns about potential safety issues.
Full articleSummary: EU is set to probe Meta Platforms' Facebook and Instagram over concerns of failing to counter disinformation from Russia and other countries, may impact political advertising and electoral process.
Full articleSummary: Broadcom Inc's intrinsic value as calculated by the Discounted Earnings model is $1273.75, with a margin of safety of -5.52%. The company is fair valued according to the DCF model. The news discusses the methodology and assumptions behind the DCF analysis for Broadcom Inc.
Full articleSummary: Turkey is in talks with ExxonMobil to buy liquefied natural gas in a multibillion-dollar deal in order to reduce its reliance on Russian energy. The talks come amid improving relations between Turkey and the US and as Turkey aims to position itself as a regional energy hub.
Full articleSummary: Immunovia appoints Dr. Lisa Ford as Clinical Laboratory Director, bringing over twenty years of experience leading laboratory project teams through research, development, validation, and implementation of diagnostic tests.
Full articleSummary: Amazon is offering Google Pixel Watch 2 for $299.99, $50 off usual price, debuting as Google’s second-generation fitness tracking experience with new features like heart rate sensor powered by Fitbit’s AI, longer battery life, and Snapdragon W5 Gen 1 chip
Full articleSummary: Charter Communications faces headwinds due to drying up of broadband subsidy funding, resulting in larger-than-expected broadband subscriber losses in Q1. Various brokerages provide differing projections ranging from $300 to $490 for Charter Communications' stock price.
Full articleSummary: The Bank of New York Mellon Corporation (BK) is expected to report a year-over-year decline in earnings for the quarter ended March 2021. The Zacks Consensus Estimate anticipates quarterly earnings of $0.86 per share, down 18.1% from the previous year. The company's Earnings ESP is -0.58%, indicating analysts have recently turned bearish on its prospects.
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