Summary: The article discusses whether investors should buy Apple stock before its earnings announcement, highlighting that Apple didn't make the list of the 10 best stocks recommended by The Motley Fool.
Full articleSummary: FedEx (FDX) reported solid fiscal first-quarter results, beating earnings and revenue estimates. The stock jumped more than 5% in afterhour trading due to robust performances.
Full articleSummary: New options for Gilead Sciences Inc (GILD) have become available for the June 7th expiration. The YieldBoost formula has identified put and call contracts at strike prices that could provide alternative strategies for investors. The put contract at $65.00 offers a 1% discount, while the call contract at $66.00 has a 1% premium. Analytical data and historical trends are being monitored for potential outcomes.
Full articleSummary: Meta's revenue exceeded expectations but stock fell 10% due to increased investments in AI research. Microsoft and Apple launched new small language models. Perplexity launched its Enterprise Pro B2B offering. Generative AI is now used for gene editing.
Full articleSummary: Charter Communications awarded Rural Digital Opportunity Fund (RDOF) funding to deploy gigabit-speed internet in certain unserved areas of Michigan, Missouri, and Wisconsin but returning some census block groups due to unforeseen circumstances and costs like utility pole replacements.
Full articleSummary: Alphabet announces its first-ever dividend and a $70 billion stock buyback, leading to a 16% surge in stock value after hours. The company also exceeded expectations for the quarter in sales, profit, and advertising metrics.
Full articleSummary: Tesla (TSLA) is facing an investigation from the National Highway Traffic Safety Administration regarding the adequacy of its recall solution for the Autopilot software.
Full articleSummary: Nvidia's CEO Jensen Huang, known for his leadership in AI technology, has seen a significant rise in his wealth, has been likened to 'the Steve Jobs of AI', and is involved in philanthropic activities.
Full articleSummary: Apple is expected to release iOS 18 at the Worldwide Developers Conference bringing major updates and generative AI features like smarter Siri and improved texting with Android, with details yet to be fully revealed.
Full articleSummary: Former Tesla executive Andrew Baglino sold 1.14 million shares of Tesla stock, totaling $181.5 million, after his resignation from the company. His departure is part of a wave of resignations amid Tesla's layoffs and restructuring efforts.
Full articleSummary: Intel reported mixed results for the first quarter, and its guidance for the next quarter fell well below analysts' expectations.
Full articleSummary: Charter Communications, Inc. reported a slight growth in revenue driven by residential mobile service and internet revenue increases, saw a decline in residential internet customers but an increase in mobile lines, and achieved a 2.8% growth in Adjusted EBITDA for the first quarter of 2024.
Full articleSummary: The Estée Lauder Companies and Microsoft are collaborating to create an AI Innovation Lab aimed at enhancing consumer connections, speeding up product launches, and improving local relevancy for ELC's beauty brands using generative AI.
Full articleSummary: PepsiCo, Inc. (NASDAQ:PEP) stock traded down 0.2% on Friday with analysts forecasting growth and the company announcing a quarterly dividend. Quarterly earnings per share beat estimates, and institutional investors have been adjusting their stakes in the company.
Full articleSummary: Charter Communications Inc (CHTR, Financial) reported first-quarter financial results with earnings per share slightly below analyst projections but revenue slightly beating expectations. The company experienced a modest year-over-year revenue growth of 0.2%. Charter faces challenges in video and voice customer declines but is strategically expanding its mobile services segment and network capabilities to adapt to industry trends.
Full articleSummary: Nvidia's CEO delivered the world's first DGX H200 server to OpenAI, featuring the new H200 Tensor Core GPU, claimed to be the most powerful GPU for AI workloads. The server offers a major upgrade over its predecessor, the H100, with enhanced memory and speed.
Full articleSummary: Jennison Associates LLC reduced its position in shares of Texas Instruments by 6.6% in the 4th quarter. Several other hedge funds also bought and sold shares of the company. Analysts have given various ratings on the stock with a consensus rating of 'Hold' and an average target price of $180.74. Texas Instruments stock was up 1.3%. Texas Instruments also reported quarterly earnings and a dividend announcement.
Full articleSummary: Deere (DE) stock closed slightly lower and underperformed S&P 500, Dow, and Nasdaq indices. Analysts expect a decrease in EPS and revenue for the company compared to the prior year. The Zacks Rank for Deere is Hold (#3) with a Forward P/E ratio higher than the industry average.
Full articleSummary: Medtronic reported earnings for Q4, beating slightly on revenues and exceeding expectations on earnings per share. Revenue and non-GAAP EPS grew compared to the prior-year quarter.
Full articleSummary: Intel's Core i3-14100F is praised for its performance and value, with drop-in compatibility for modern components like PCIe 5.0 SSDs and DDR5 RAM, priced at $95 on Newegg.
Full articleSummary: CVS Health (CVS) stock closed down by -0.22% compared to the previous day's close, underperforming the S&P 500; company expected to announce earnings on May 1, 2024, with estimates suggesting a decrease in EPS and an increase in revenue compared to the prior year; CVS currently holds a Zacks Rank of #4 (Sell) with a Forward P/E ratio of 8.1 and a PEG ratio of 0.89; Retail - Pharmacies and Drug Stores industry, to which CVS belongs, has a Zacks Industry Rank of 237, placing it in the bottom 6% of all industries.
Full articleSummary: Apple announces 'Let Loose' event for May 7, hinting at new iPad Airs and iPad Pros featuring M2 and M3 chips, along with potential updates to Apple Pencil. Tim Cook's teaser tweet ignites anticipation for the event.
Full articleSummary: The energy sector (XLE) is underperforming due to disappointing results from Exxon Mobil (XOM) and Chevron (CVX) amidst discussions on geopolitical risks within the oil market.
Full articleSummary: Major US airlines like Southwest Airlines and American Airlines are facing big losses in the first quarter of 2024 due to various factors including Boeing's aircraft-delivery delays.
Full articleSummary: Apple's FineWoven accessories have faced criticism for poor quality and durability, leading to high return rates and negative customer feedback. The company has a history of introducing controversial products, such as the Butterfly Keyboard, and taking a long time to address issues and make necessary changes.
Full articleSummary: ResMed (RMD) topped the S&P 500 after reporting strong sales and earnings in Q3, driving shares up 18% on Friday. Snap (SNAP) surged 26% following better-than-expected Q1 results and optimistic guidance, while Phillips 66 (PSX) shares dropped due to decreased refining margins and profits.
Full articleSummary: The Ministry of Defence has signed a £30m-plus contract with IBM to provide support and integration services for various IT systems, including core Oracle systems, over a two-year period.
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