Summary: Apple's 'Relax, it's an iPhone' campaign has been running for three years, despite customers still opting for phone cases, contradicting the message of dependably durable iPhones. The phone case market is valued at over $20 billion per year, indicating a prevailing belief in the need for protection.
Full articleSummary: Apple Watch Series 9 now offered at a discounted price of Rs 7,855 on Amazon with various discounts and trade-in offers, powered by advanced S9 SiP with improved performance, battery life, and new features
Full articleSummary: Intel has developed a new neuromorphic computing system named Hala Point, which is 10 times faster and more efficient than its predecessor Pohoiki Springs. The system contains 1.15 billion artificial neurons and is set to advance large-scale neuromorphic computing.
Full articleSummary: Nvidia's AD106 GPU, used in GeForce RTX 4060 Ti cards, is facing a shortage, leading to limited distribution and potentially higher prices due to decreased availability. The shortage is impacting multiple companies and could be due to Nvidia focusing on manufacturing higher-end cards.
Full articleSummary: Desay SV, GAIC AION's Hyper brand, and NVIDIA signed a cooperation agreement to develop next-generation cockpit-driving integrated solutions based on NVIDIA's new generation DRIVE Thor chip for L4 advanced autonomous driving systems.
Full articleSummary: Apple's top rivals are redefining strategies for smartphones and headsets, signaling an opportunity, with details on the new AI hardware, iOS 18, and company's AI plan. Vision Pro's lead marketer retires. Apple needs a low-end iPhone for growth.
Full articleSummary: Chery Automobile signed a cooperation agreement with NVIDIA to enhance collaboration in autonomous driving by developing a new-generation high-end intelligent driving platform. The recently launched model, EXEED STERRA ET, is based on the NVIDIA DRIVE Orin platform, equipped with LiDAR and two Orin chips, offering autonomous driving assistance and intelligent parking features. Chery plans to invest over 100 billion yuan in technology R&D in the next five years.
Full articleSummary: ExxonMobil reported lower-than-expected first-quarter earnings due to decreased natural gas prices and refining margins, but the company's future looks promising with plans for significant growth by 2027 through investments in advantaged assets and cost-saving strategies.
Full articleSummary: Gilliland Jeter Wealth Management LLC and other large investors have acquired new positions in Caterpillar Inc. Analysts have set new price targets for CAT stock. Caterpillar stock price increased by 1.6%.
Full articleSummary: Lockheed Martin faces a financial predicament with a classified program resulting in significant losses but remains optimistic about its long-term potential. The company is shifting towards a more collaborative approach with government contracts to mitigate risks. The billion-dollar gamble entails high stakes and high rewards, with profitability not expected until 2028.
Full articleSummary: The upcoming week is set to bring a flurry of earnings reports from prominent companies in various sectors including tech giants such as Amazon and Apple, and notable firms like Starbucks, Mastercard, Pfizer, and Coca-Cola. Earnings reports from key companies like SoFi Technologies, Amazon, Pfizer, Apple, and Cheniere Energy are highly anticipated.
Full articleSummary: Knights of Columbus Asset Advisors LLC reduced its position in Alphabet Inc. by 9.9% in the 4th quarter, holding 171,161 shares worth $23,909,000. Several other institutional investors and hedge funds also altered their positions. Analysts expect Alphabet to post 6.79 earnings per share for the current year. Analysts have given Alphabet an average rating of 'Moderate Buy' with an average price target of $187.82.
Full articleSummary: Ford Motor Company (NYSE:F) has announced a dividend payment of $0.15 per share, representing a 6.1% yield which is above the industry average. The dividend is considered sustainable based on earnings coverage and forecasted EPS growth of 92.1% over the next year. However, there are concerns about the company's past dividend volatility and limited growth prospects.
Full articleSummary: Comparison between Costco (COST) and BJ's Wholesale Club (BJ) as potential stock investments based on growth potential and valuation.
Full articleSummary: Comcast and Spectrum reported significant declines in TV and Internet customers in the first quarter of 2024, with Comcast losing 487,000 cable TV customers and 65,000 broadband customers, while Spectrum lost 405,000 TV customers and 72,000 Internet customers.
Full articleSummary: The upcoming week is set to bring a flurry of earnings reports from prominent companies including Amazon, Apple, Starbucks, Mastercard, Pfizer, Advanced Micro Devices, Coca-Cola, SoFi Technologies, Pfizer, and Cheniere Energy.
Full articleSummary: The upcoming week is set to bring a flurry of earnings reports from prominent companies across various sectors including tech giants Amazon and Apple. Other notable firms reporting include Starbucks, McDonald's, Pfizer, Amgen, and more. Specifically, SoFi Technologies, Amazon, Pfizer, Apple, and Cheniere Energy are among the key companies reporting their earnings.
Full articleSummary: Headlands Technologies LLC acquired a new position in FedEx Co., a number of other large investors also recently bought shares of FedEx resulting in stock trading slightly up, FedEx reported positive quarterly earnings, initiated a stock buyback program, and announced a quarterly dividend. Insiders within the company were actively buying and selling shares. The stock received various analyst ratings, with a consensus target price of $301.33.
Full articleSummary: HSBC's chief investment officer, Jose Rasco, believes that despite increased borrowing costs, the American economy will remain strong due to secular drivers in technology, healthcare, near-shoring, and industrialization. He also mentioned that U.S. stocks tend to perform well in presidential election years.
Full articleSummary: Apple is set to have a new event on May 7 where they are expecting to reveal new iPads and potentially new software demonstrations. The event will be livestreamed, and rumors suggest a focus on digital art creation with a new and enhanced Apple Pencil.
Full articleSummary: Nike Sportswear is expanding its Air Force 1 Low sneakers collection with a new 'White/University Gold' edition, blending classic designs with contemporary twists, set to release in Summer 2024 at $115 USD.
Full articleSummary: ExxonMobil reported a decline in first-quarter earnings, missing analysts' estimates due to lower natural gas prices and refining margins. However, the company's CEO remains optimistic about future prospects, expecting significant growth in earnings through investments in advantaged assets and cost-saving initiatives.
Full articleSummary: The upcoming week brings a flurry of earnings reports from major companies across various sectors. Earnings reports are anticipated from tech giants Amazon (AMZN) and Apple (AAPL) along with a diverse range of sectors including Starbucks (SBUX), McDonald's (MCD), Mastercard (MA), Pfizer (PFE), and more. Investors can also expect insights into the semiconductor sector with companies like Advanced Micro Devices (AMD), Qualcomm (QCOM), and others.
Full articleSummary: Alphabet Inc., the parent company of Google, is investing in RealFill, a generative artificial intelligence technology for photography enhancement. RealFill is still in development stages with patents filed in the EU and US. It aims to offer non-downloadable software for painting images and creating generative models online. Potential integration with Google Photos and Pixel devices could bring significant advancements in AI-driven creativity for end users.
Full articleSummary: Pfizer Inc. shares reached a new 52-week low during trading and analysts set new price targets. The company also announced a quarterly dividend and its stock performance details. Institutional trading activity of Pfizer was also highlighted.
Full articleSummary: CVS Health is cutting approximately 5,000 jobs as part of cost-cutting measures and to focus on healthcare services. These layoffs, affecting less than 2% of the workforce, are primarily non-customer facing positions. The company aims to redirect investments towards care delivery and technology.
Full articleSummary: ExxonMobil reported slightly lower-than-expected first-quarter earnings due to lower natural gas prices and refining margins, but the company's future outlook remains strong with plans to double its earnings by 2027 through investments in high-margin production growth and cost savings, as well as returning more cash to shareholders.
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