Summary: Microsoft is reducing the size of Windows 10 updates by implementing techniques used for Windows 11 updates, leading to a considerable decrease in update sizes.
Full articleSummary: Coca-Cola Europacific Partners have been steadily reinvesting capital at decent rates of return, maintaining a 11% ROCE over the past five years, resulting in a 60% return for shareholders. Investors are recognizing these trends but further research is suggested.
Full articleSummary: The Dow Jones finished the day positive as the US PCE report met expectations, with the market pricing out most rate cuts and anticipating just one in September or December. Dip-buyers are in control, erasing losses from the beginning of the month.
Full articleSummary: Analysts have issued new recommendations or price target changes for several companies including Apple, Alphabet, AT&T, Equifax, and Darktrace.
Full articleSummary: J.P. Morgan and RBC Capital analysts maintained Buy ratings on Deutsche Bank AG with price targets of €17.70 and are positive on the stock, while Bank of America Securities maintained a Sell rating on the same stock, reflecting mixed analyst sentiment. Market cap of Deutsche Bank AG is $35.26B with a P/E ratio of 7.42.
Full articleSummary: RBC Capital analyst maintains a Hold rating on Exxon Mobil with a price target of $120.00. Insider sentiment is negative with an increase in insiders selling.
Full articleSummary: RBC Capital analyst maintained a Buy rating on Chevron with a price target of $190.00, Jefferies also maintained a Buy rating on the stock with a $190.00 price target. Chevron has an average volume of 8.27M.
Full articleSummary: KeyBanc analyst reiterated a Buy rating on Intuit with a price target of $720.00. Analyst consensus is Strong Buy with price target consensus of $710.15. Citi also maintained a Buy rating on the stock with a $744.00 price target.
Full articleSummary: McDonald's has launched a program called Makin' it that provides young people with opportunities in the areas they live in, including safe spaces, employment support, and breakfast for the homeless. The program will be expanded nationally.
Full articleSummary: Cantor Fitzgerald lowered their FY2024 EPS estimates for Gilead Sciences, analysts have issued mixed ratings on the stock, Gilead Sciences reported positive quarterly earnings
Full articleSummary: PremjiInvest, the largest Indian family office managing over $10 billion, will invest more in artificial intelligence companies while fine-tuning its AI tools. The firm is developing an AI quant model for public market bets and using AI to analyze data streams for investment opportunities. Technology and financial services will be the top sectors for investment.
Full articleSummary: Aramark workers strike during 76ers game at Wells Fargo Center due to wage and benefits dispute
Full articleSummary: Microsoft reported strong financial results for FY2024 third quarter with revenue of $61.9 billion, up 17%, and net income of $21.9 billion, up 20%. The growth was driven by Microsoft Cloud services such as Azure and Copilot. Azure and other cloud services revenue grew 31%, while Copilot's demand led to significant business outcomes and customer acquisitions.
Full articleSummary: Turkey is in talks with ExxonMobil for a multibillion-dollar LNG deal to reduce dependence on Russian energy, aiming to secure up to 2.5 million tonnes of LNG yearly through a long-term pact.
Full articleSummary: The price target of International Business Machines (IBM) was lowered by BMO Capital Markets from $210.00 to $190.00, with a market perform rating on the stock. Despite some analysts issuing hold ratings, IBM reported positive earnings results beating the consensus estimate in the latest quarter. The company also announced a quarterly dividend.
Full articleSummary: Google has laid off its entire Python team and is planning to hire cheap labor outside the US, more layoffs expected in various regions as part of restructuring plans.
Full articleSummary: Paysafe introduced a new Pay by Bank product for iGaming, allowing U.S. online bettors to easily fund deposits and cash-out winnings directly from their bank accounts in real-time, further expanding payment choices for players and enhancing the overall payment experience for operators.
Full articleSummary: ExxonMobil, NTU Singapore, and A*STAR establish a Corporate Lab to develop solutions for lowering carbon emissions and enhancing sustainability. The lab will focus on areas such as converting biomass into lower greenhouse gas fuels, carbon capture and utilisation, and large-scale application of carbon in concrete.
Full articleSummary: Meta Bright Group Bhd's Australian subsidiary secures RM28mil financing from AmBank, to purchase high-value equipment and strengthen presence in the international market.
Full articleSummary: Apple is set to release its earnings for Q2 fiscal year 2024 after the US market closes on 2 May. Investors will be closely watching key metrics like iPhone sales, services revenue, and AI advancements.
Full articleSummary: Bank of America upgraded shares of Sonic Automotive from an underperform rating to a buy rating with a revised price target of $68.00. Sonic Automotive's stock price increased by 9.9% and the company reported earnings that exceeded analysts' expectations.
Full articleSummary: The Global Oracle JD Edwards EnterpriseOne Consulting Service Market is expected to grow at a CAGR of 6.89% from 2024 to 2032 due to the increasing demand for consulting services in implementing and optimizing ERP solutions across various industries. Key strategies involve offering comprehensive implementation and optimization services, industry-specific solutions, and subscription-based pricing models. Trends include a focus on cloud migration, digital transformation initiatives, and user experience enhancements.
Full articleSummary: Citigroup increased the price target of New Oriental Education & Technology Group from $66.00 to $127.00, giving it a buy rating. The stock has recently been upgraded by other research reports as well. The company has been rated as a Moderate Buy with an average price target of $97.67.
Full articleSummary: Citigroup raised the price target for Bunge Global from $117.00 to $122.00 and maintained a buy rating on the stock. Several other investment analysts have also given ratings on the stock, with an average rating of Moderate Buy and a consensus price target of $121.00. Bunge Global reported earnings that surpassed analyst estimates and is expected to post 9.03 EPS for the current year.
Full articleSummary: Stifel Nicolaus downgraded Caterpillar from a buy to a hold rating with a target price of $350.00. Other analysts also adjusted their price targets for the stock recently. Caterpillar reported earnings per share of $5.60 for the quarter, surpassing the consensus estimate.
Full articleSummary: Salesforce announced the Zero Copy Partner Network featuring initial partners like Amazon Web Services, Databricks, Google Cloud, Snowflake, and Microsoft committed to zero copy integrations with Salesforce Data Cloud. The network includes ISV and SI partners to help customers access and take action on their data securely and cost-effectively without copying or moving data.
Full articleSummary: Boston Scientific had its price objective raised by Citigroup to $85.00 with a buy rating. Several other analysts also raised their price targets on BSX. Insiders have sold shares recently. Institutional investors have been increasing their holdings in the company.
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