Summary: Cwm LLC increased its position in shares of Simon Property Group, Inc. by 7.8% in the fourth quarter. Several equities analysts issued reports on the stock, with an average rating of 'Moderate Buy'
Full articleSummary: McDonald's insiders have been selling a substantial stake in the company over the last year, with no insider buying activity. Despite significant insider ownership, the selling trend may indicate insiders believe the shares are not cheap.
Full articleSummary: Tesla Inc. received in-principle approval to deploy driver-assistance system in China after Elon Musk's visit, clearing important hurdles to reach a mapping and navigation deal with Baidu Inc. Approval could help Tesla recover lost market share in China.
Full articleSummary: McDonald’s will be announcing earnings results with mixed expectations, revenue missed analysts' expectations last quarter, EPS beat, analysts expecting 4.6% revenue growth this quarter, some peers in restaurants segment reported Q1 results with mixed reactions.
Full articleSummary: Older Americans, fueled by wealth from stock and housing markets gains, are contributing significantly to the U.S. economy by increasing consumer spending, particularly on higher-priced services like travel, healthcare, and entertainment. Their spending is less affected by the Federal Reserve's efforts to curb inflation through rate hikes. Affluent older Americans, benefiting from rising bond yields due to rate hikes, are among those driving the economy's unexpected strength. Despite concerns of a sharp slowdown and inflation, the Fed is holding off on rate cuts due to sustained consumer spending among older Americans.
Full articleSummary: Nvidia has introduced Deep Learning Dynamic Super Resolution (DLDSR) as an upscaling feature available for RTX graphics cards which significantly enhances image quality in games. DLDSR renders games at higher resolutions utilizing AI enhancements, comparable to the old traditional methods but with better image quality and performance. It can be enabled via Nvidia Control Panel and used alongside DLSS for optimized gaming experience.
Full articleSummary: Gold price struggles to gain traction amid mixed fundamental cues, traders reluctant ahead of FOMC meeting and key US macro data, technical analysis suggests Gold price remains confined in a familiar range.
Full articleSummary: IBM and Assam Down Town University (AdtU) announced a new IT program for students focusing on data science, cloud, and artificial intelligence.
Full articleSummary: Nvidia has released the RTX 4080 Super as one of the fastest GPUs on the market, offering impressive performance for gaming and content creation. It excels at ray tracing and is a top performer within the GeForce range, second only to the 4090.
Full articleSummary: Starbucks is set to report its earnings after market close. Analysts are predicting a 5% revenue growth year on year to $9.16 billion, with adjusted earnings of $0.80 per share. The company has seen downward revisions in revenue estimates and has missed revenue estimates three times in the last two years. Inflation fears impacting growth stocks have also affected Starbucks, which is down 3.6% in the last month.
Full articleSummary: Coca-Cola is expected to report flat revenue year on year at $10.97 billion, analysts are growing increasingly bearish with five downward revenue revisions over the last month. However, Coca-Cola has a history of beating revenue estimates over the past two years.
Full articleSummary: RBC Capital adjusted Weyerhaeuser's price target to $37 from $38 but reaffirmed an Outperform rating based on the company's operational strengths and anticipated benefits from a tightening lumber market. InvestingPro data indicates caution due to revenue decline and downward earnings revisions, yet highlights the company's long-standing dividend payments and financial stability.
Full articleSummary: Several institutional investors including Scott & Selber Inc. increased their positions in JPMorgan Chase & Co. (NYSE:JPM) in the 4th quarter. Additionally, JPMorgan Chase & Co. raised its dividend payment. Analysts continue to provide positive ratings for the stock.
Full articleSummary: Nvidia's dominant position in the semiconductor industry remains untouched as it continues to revolutionize the market with its AI capabilities and strong financial performance. Analysts expect a strong fiscal year in 2025 with significant revenue and earnings growth. Recent acquisitions and partnerships further boost Nvidia's potential in emerging technologies like autonomous vehicles.
Full articleSummary: Sigma Planning Corp decreased its stake in Schwab Intermediate-Term U.S. Treasury ETF by 66.9% in the fourth quarter. Several other institutional investors have also bought and sold shares of the stock. Schwab Intermediate-Term U.S. Treasury ETF stock is trading up 0.1%.
Full articleSummary: Disney stock has been recovering with a 25% increase this year, outperforming the S&P 500. The company under Bob Iger's leadership has started to address challenges in the streaming business and has successfully increased revenue in theme parks.
Full articleSummary: IBM partners with the governments of Canada and Quebec to enhance semiconductor industry capabilities and strengthen supply chains. The collaboration includes an investment of about $137m to advance chip packaging technologies and support the development of a semiconductor ecosystem in North America.
Full articleSummary: Google has reportedly laid off its entire Python team in the US but the broader demand for Python developers remains strong due to its widespread usage in data science, web development, and machine learning. Big Tech companies like Google, Intel, IBM, Netflix, and Facebook continue to rely on Python as their primary language.
Full articleSummary: Handelsbanken Fonder AB raised its stake in Coca-Cola Consolidated by 40.9% during the fourth quarter, with their holdings worth $959,000. Other institutional investors and hedge funds also made changes to their positions in the company. Coca-Cola Consolidated recently announced a dividend to be paid on May 10th.
Full articleSummary: A securities class action lawsuit has been filed against Doximity, Inc. (NYSE: DOCS) for allegedly violating the Securities Exchange Act of 1934. The lawsuit claims that the company misrepresented its business prospects, leading to a stock price decline after disappointing guidance and a negative report by Jehoshaphat Research.
Full articleSummary: Intuit Inc. stock has had a significant long-term return of 156% in five years and is up 4.4% in the last week, reflecting positive sentiment with improving fundamentals. The company has achieved compound earnings per share growth of 13% per year and a total shareholder return of 165% over the last 5 years, surpassing its share price return.
Full articleSummary: Inflation in the U.S. continues to remain high, challenging Federal Reserve policymakers on whether to characterize their next steps amid upcoming elections. The Fed is expected to hold its benchmark interest rate steady at its upcoming meeting. Investors have pushed their outlook for an initial Fed rate reduction to September.
Full articleSummary: Fulton Financial's shares jumped after acquiring Republic Bank's deposits and assets, marking the first U.S. bank failure of 2024.
Full articleSummary: European Union regulators are expected to open a probe into Meta Platforms over concerns related to disinformation from Russia and other countries. The probe is focused on Meta's insufficient content moderation to counter political advertising undermining the electoral process.
Full articleSummary: UBS Group AG has crossed the threshold of 5% in voting rights of Solvay SA due to an increase in Trading Book holdings.
Full articleSummary: Elon Musk's visit to China resulted in a deal for Tesla to use mapping data provided by Baidu for driver assistance technology in China. This agreement was received positively by Tesla investors as it could potentially increase Tesla's market share in the country.
Full articleSummary: General Electric had its target price raised by Citigroup and several other research firms, resulting in an average price target of $170.00. The company reported strong earnings with a return on equity of 12.54% and a net margin of 5.05%. General Electric also increased its quarterly dividend. There were significant insider selling activities at the company. Institutional investors, including Norges Bank and WCM Investment Management LLC, have recently bought stakes in General Electric.
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