Summary: Opinicus Capital Inc. bought a new stake in Lowe's Companies, Inc. in the fourth quarter, along with several other hedge funds and institutional investors increasing their stakes. Wall Street analysts forecast growth for LOW, with several raising their price targets and ratings on the stock.
Full articleSummary: Bahl & Gaynor Inc. sold 2.6% of its stake in BlackRock, Inc. Other institutional investors also made changes to their positions. Analyst ratings show mostly positive outlook with a couple of neutral ratings. BlackRock's stock traded up 0.7% on Friday. Insiders have been actively selling shares recently.
Full articleSummary: Unique Wealth Strategies LLC acquired a new position in Wells Fargo & Company during the 4th quarter, along with other large investors making changes to their holdings. Wells Fargo & Company reported strong quarterly earnings results, beating analysts' estimates. Multiple equity research analysts have issued ratings on WFC, with a consensus of 'Hold' and an average price target of $58.85.
Full articleSummary: Microsoft and Google surpass quarterly earnings expectations with strong investments in artificial intelligence, leading to share price increases. Google's profits grow to $23.7 billion with cloud computing, YouTube, and search advertising driving revenue. Microsoft's revenue rises by 17% to $61.9 billion as the company benefits from embracing generative AI.
Full articleSummary: Google is allocating $75 million in grants to workforce development and education organizations to teach Americans how to use AI. It is also launching the Google AI Essentials online course to provide foundational AI skills and best practices. Goodwill is among the early recipients of Google's AI Opportunity Fund.
Full articleSummary: US stocks closed out the best week since November with gains, driven by Alphabet and Microsoft's strong performances. Alphabet surged 10.2% after impressive earnings results and announced a buyback program, while Microsoft climbed 1.8% on strong cloud-computing growth.
Full articleSummary: Sundar Pichai celebrates two decades at Alphabet and Google, reflecting on his journey from a product manager to CEO with enduring passion for the company.
Full articleSummary: Colgate-Palmolive raised its forecast for annual organic sales growth to 5% to 7% due to strong demand for its self-care and pet nutrition products. The company also reported an increase in margins and exceeded analysts' earnings estimates.
Full articleSummary: Deckers Outdoor (NYSE: DECK) was downgraded by Bank of America from a 'buy' to a 'neutral' rating with a decreased price target of $860.00, suggesting a potential upside of 3.18% from the previous close. The stock has received various ratings from analysts, averaging a 'Moderate Buy' with a consensus target price of $889.00.
Full articleSummary: Biggest tech companies like Microsoft and Google parent Alphabet plan to invest billions in developing artificial intelligence products, resulting in mixed reactions from investors; Microsoft and Alphabet stocks jumped, while Meta Platforms stock saw its worst day in 18 months after raising capital-expenditure projections. Investors are becoming more discerning and want to see a path to profit in AI investments.
Full articleSummary: Intact Investment Management Inc. increased its holdings in Union Pacific Co. by 20.7% during the fourth quarter, with other institutional investors also buying shares of the company. Union Pacific recently reported earnings that beat analyst estimates. Wall Street analysts have generally given positive ratings to the stock.
Full articleSummary: A Tesla Model S in Australia reached over 400,000 miles on its original battery pack before needing a replacement due to error messages affecting performance. The owner took advantage of the Tesla battery warranty to get a brand new 90-kilowatt-hour pack installed.
Full articleSummary: Tesla reported lackluster results for the first quarter, including decreases in total deliveries, automotive revenue, overall revenue, and earnings per share. However, the stock jumped 12% due to CEO Elon Musk shifting the narrative to focus on Tesla's future as an AI robotics company.
Full articleSummary: Spear Alpha ETF, managed by Ivana Delevska, has reported significant growth with over 60% increase in the past year, outperforming the Ark Innovation ETF. The fund's success is attributed to strategic investments in artificial intelligence, notably including Nvidia. Delevska's high-risk, high-return strategy has positioned the fund well for future stability and growth.
Full articleSummary: Tesla's gigafactory outside Austin, Texas granted exemption from city's environmental regulations thanks to a new state law, enabling the company to develop land without restrictions. Despite Musk's promise of an 'ecological paradise,' Tesla has a history of violating environmental regulations.
Full articleSummary: Fool.com contributor Parkev Tatevosian reviews Meta Platforms' latest quarterly earnings update and discusses whether investors should buy the stock. The Motley Fool Stock Advisor analyst team did not include Meta Platforms in their list of the 10 best stocks for investors to buy now.
Full articleSummary: Many Apple users were logged out of their Apple IDs and prompted to reset their passwords without clear explanation. Some experienced delays due to Stolen Device Protection. Apple's System Status page showed no issues, but reports suggest it was a widespread problem affecting even tech outlets like 9to5Mac and Forbes. Some users were told by Apple support that random security improvements were made to their accounts.
Full articleSummary: Ford has issued a recall for its Ford Transit Trail vans due to tire rubbing issues, affecting 1,902 vans potentially built between March 2022 to March 2024. The fix involves swapping the off-road tires with smaller ones, downgrading a key feature of the van. Some owners have reported additional quality problems related to the roof fan installation.
Full articleSummary: Apple is in talks with OpenAI for AI-powered features on its next-gen iPhones. It remains undecided between OpenAI and Google for chatbot services. iOS 17.4 brought third-party app store support and new features like auto-generated transcripts and new emojis. Apple's next event on May 7 is expected to launch new iPad Pro models with sharper OLED displays and updated Magic Keyboard and Apple Pencil.
Full articleSummary: Boeing reached a deal to take over the operations of GKN Aerospace St. Louis, including hiring the 550-person workforce, in a move that was praised by local business leaders.
Full articleSummary: Honeywell-Aktie erhielt eine schlechte Analystenbewertung mit einem durchschnittlichen Kursziel von 180 USD, was einem möglichen Kursrückgang um -6,95 Prozent entspricht. Das Sentiment der Analysten ist neutral, aber die fundamentale Bewertung ist gut. Das Anleger-Sentiment war überwiegend positiv, zeigte jedoch zuletzt eine gemischte Stimmung.
Full articleSummary: MetLife, Inc. has announced an increase in dividend payout to $0.545, resulting in a 4.8% increase from the previous year. While dividend yield is now at 3.0%, some concerns remain about sustainability due to past earnings trends. Although the company has a solid dividend track record, limited growth potential of the dividend raises some caution among investors.
Full articleSummary: The 'Oracle of Costco' predicts a steep price increase for Costco's rotisserie chicken within the next 12 months, going from $4.99 to $6.99. This prediction is based on his previous accurate predictions about changes in Costco's offerings.
Full articleSummary: Facebook co-founder Dustin Moskovitz accused Tesla of fraudulent practices, comparing its actions to Enron's massive accounting fraud. Elon Musk responded by ridiculing Moskovitz's allegations on X. Tesla shares closed 1.11% lower at $168.29.
Full articleSummary: Intel's shares took a dive after offering a disappointing Q2 forecast due to weak performance in the data center and AI segment. Despite beating estimates for Q1, the stock was down 9.7% as of 1:47 p.m. ET, leading to concerns about the company's profitability and execution in the AI space.
Full articleSummary: Costco's Kirkland Signature burnt ends receive negative reviews and criticism from shoppers for having a horrendous taste and being deemed the worst Kirkland product.
Full articleSummary: JPMorgan Chase and Bank of America are collectively expected to lose $4.5 billion due to unrecoverable debt from customers unable to pay their bills. This surge in net charge-offs is mainly attributed to credit card debt that is unlikely to be repaid.
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