Summary: Tesla is discontinuing its advertising program and laying off its growth marketing team, but the referral program will continue in a revised form in the future. Existing owners can still benefit from the current referral perks until April 30, 2024, after which new credits will be suspended until the new program is launched.
Full articleSummary: Kaiser Permanente disclosed that 13.4 million patient data might have been shared with Google, Microsoft Bing, Twitter, and other third-parties due to online tracking tools, but sensitive data like usernames or financial information were not compromised.
Full articleSummary: Texas Instruments (NASDAQ:TXN) had its target price lifted by analysts at Robert W. Baird from $125.00 to $175.00 with a 'neutral' rating. Several analysts have issued ratings with some suggesting a potential downside from the current price. The stock has a 'hold' average rating and an average price target of $180.74.
Full articleSummary: Honeywell lançou Honeywell Forge Performance+ for Aerospace, plataforma em nuvem com IA e machine learning para modernizar produção e reduzir custos operacionais na indústria aeroespacial.
Full articleSummary: Booking Holdings Inc. has received a 'Moderate Buy' consensus recommendation from analysts, with a 12-month target price of $3,723.41. The company has been rated by twenty-nine analysts, with seven holds, twenty-one buys, and one strong buy recommendation. Booking reported a positive EPS for the quarter and paid out a quarterly dividend.
Full articleSummary: The U.S. Air Force has selected Anduril and General Atomics for its Collaborative Combat Aircraft (CCA) program, excluding major defense contractors like Northrop Grumman, Lockheed Martin and Boeing from continuing in the program.
Full articleSummary: Analysts at William Blair reduced their Q3 2024 EPS estimates for CoStar Group, with a consensus estimate for the current full-year earnings as $0.44 per share. CoStar Group last reported $0.33 EPS for the quarter, beating the consensus estimate of $0.32. Several analysts have given buy or hold ratings on the stock.
Full articleSummary: Apple Inc. is in renewed discussions with OpenAI to integrate the startup's technology into the next iPhone operating system, iOS 18. The company is also exploring a potential deal with Alphabet Inc.'s Google for a chatbot. Apple is planning to introduce new AI features at its Worldwide Developers Conference, emphasizing better privacy protection.
Full articleSummary: Bank of America notes the 'anything but bonds' bull run dominating the market, driven by various asset classes including stocks, commodities, crypto, and the US dollar. They predict the potential end of this rally based on real 10-year yields and credit spreads. Mega-cap tech companies have been leading the market performance but face risks if yields climb into the 2.5%-to-3% region.
Full articleSummary: Markel Group Inc. increased its position in shares of Caterpillar Inc. during the fourth quarter. Several other institutional investors have also bought shares of Caterpillar. Insider activity includes a significant sale of company stock and a purchase by a director. Caterpillar announced a quarterly dividend. Research analysts have mixed opinions on the stock, with a consensus rating of 'Hold'.
Full articleSummary: Investors are expected to have more powerful tools at their disposal over the next decade, driven by the continued advancement of technology, particularly artificial intelligence. Robo-advisors may become more sophisticated and affordable, while AI can assist in various aspects of investing such as analyzing financial documents and forecasting market reactions. However, access to better tools does not guarantee better returns, and it's crucial for investors to use technology wisely to avoid potential downsides. Key areas to watch include AI, software, life sciences, demographics, and housing.
Full articleSummary: Nvidia stock is rallying after a recent sell-off, with major tech firms showing increased allegiance through AI investments. Nvidia is leading the artificial intelligence sector, contributing to the surge in the entire semiconductor industry.
Full articleSummary: Comcast Co. traded up 1.7% following a better than expected earnings announcement, with EPS topping analysts' estimates and revenue beating analyst expectations. Several equities analysts have rated the stock as a 'Moderate Buy' with an average price target of $49.45. Insider selling was noted by President Michael J. Cavanagh.
Full articleSummary: Honeywell has exceeded analysts' expectations with a strong start to the year, surpassing revenue and profit forecasts and showing significant growth compared to the previous year.
Full articleSummary: Multiple insiders of Philip Morris International Inc sold shares, rating downgraded to 'Hold' from 'Buy' by Argus, and mixed analyst recommendations. PM stock has shown a recent surge of 5.36%, reaching a 52-week high of $99.90.
Full articleSummary: Thermo Fisher Scientific Inc. has received a 'Moderate Buy' rating from seventeen analysts with an average 1 year price target of $606.76. The company has been the subject of several analyst reports with price target raises and buy ratings. Insiders have been actively selling company stock, and institutional investors have been adjusting their stakes in TMO. Thermo Fisher Scientific stock closed at $573.60 on Friday and recently reported strong earnings results, beating analysts' estimates.
Full articleSummary: Pfizer Inc. has announced FDA approval for BEQVEZ for the treatment of adults with moderate to severe hemophilia B, offering a one-time gene therapy as an alternative to regular FIX infusions.
Full articleSummary: Alphabet Inc., Google’s parent company, reported robust growth in the first quarter with a 15% increase in revenue, announced a quarterly dividend for the first time since going public 20 years ago, but faces threats from a U.S. Department of Justice lawsuit.
Full articleSummary: Apple users are experiencing widespread issues with being signed out of their Apple ID accounts across multiple devices, being forced to reset passwords to regain access. The situation has gained significant attention on social media, with several users reporting difficulties logging back in.
Full articleSummary: Intel's CEO reaffirmed commitment to the 18A process node with Panther Lake & Clearwater Forest set for a mid-2025 launch, Intel is making progress on its 18A and 20A process nodes which includes two lead products Arrow Lake and Lunar Lake, Intel's Foundry business is gaining traction with more customers, US Department of Defense awarded Intel Foundry Phase III of the RAMP C program.
Full articleSummary: Costco Wholesale Co. (NASDAQ:COST) rose 0.9% on Friday with analysts setting new price targets and the company trading up 1.0%. Costco Wholesale also announced an increase in dividend payments. Insiders have been selling company stock, and institutional investors have been actively buying and selling shares.
Full articleSummary: United Parcel Service (UPS) was upgraded by HSBC from a 'hold' rating to a 'buy' rating with a target price of $170.00, indicating a potential upside of 15.23%. Analysts have various ratings on the stock, with a consensus rating of 'Hold' and a consensus price target of $165.23.
Full articleSummary: United Parcel Service (UPS) stock price traded up 0% during mid-day trading on Friday. Analysts have recently upgraded the stock to 'buy' and 'outperform' ratings, with an average price target of $166.96. UPS reported $1.43 earnings per share for the quarter, beating estimates by $0.10.
Full articleSummary: Leerink Partnrs lowered their Q2 2024 earnings per share estimates for Danaher. Several research analysts updated their price targets and ratings on Danaher stock. Danaher reported an earnings beat for Q1 2019 and increased its quarterly dividend. Insiders sold shares of Danaher stock, and institutional investors made changes to their positions in DHR.
Full articleSummary: Petrobras successfully concludes a seven-week battle over dividends, agreeing to pay out over $4.3 billion in dividends. The company also plans to invest $73 billion in expansion initiatives to ramp up production and exploration efforts, creating around 100,000 jobs.
Full articleSummary: Charter Communications has been granted a patent related to a network communication node with local processor and multiple remote physical devices (RPDs) implementing different communication protocols. The patent outlines methods for operating the node, involving signal transformation, upgrades through software patches or physical swaps, and suspension from cable strands on telephone poles.
Full articleSummary: Apple has released OpenELM, a state-of-the-art open language model, which could potentially hint at the AI capabilities Apple might offer in its upcoming iOS 18 software. The release comes ahead of Apple's WWDC event in early June. OpenELM includes everything needed to train and evaluate the language model on publicly available datasets.
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