Summary: Comcast chairman Brian Roberts received a total compensation of $35.4 million for 2023, marking a 10.6% increase from the previous year. This information was disclosed in the company's proxy filing. The president, Mike Cavanagh, received $29.58 million in total compensation for the same year, which was a 26.9% decrease from 2022.
Full articleSummary: Tesla (TSLA) is facing setbacks with its Autopilot software, as NHTSA is investigating the insufficient remedial actions taken by Tesla following a recall. This raises concerns about the company's progress towards achieving fully autonomous driving capabilities with its robotaxi future.
Full articleSummary: Alphabet Inc. reported strong first-quarter revenue that exceeded analysts’ expectations, driven by growth in its cloud computing unit. The company also announced its first-ever dividend and a $70 billion stock repurchase program, leading to a 13% jump in shares. Despite facing competition in the cloud and AI markets, Alphabet continues to show strength in digital advertising, particularly in search and YouTube.
Full articleSummary: Tesla faces concerns over the safety of its Autopilot system following an engineering analysis by NHTSA, which found 467 Autopilot crashes falling into three distinct categories. The agency critiqued the system's permissiveness, gaps in telematics recording, and misleading marketing terminology, leading to a recall query to reassess the system's safety post the December fix.
Full articleSummary: Xfinity/Comcast (NASDAQ:CMCSA) recently suffered a massive data breach affecting more than 35.8 million Xfinity customers, potentially leading to compensation for affected individuals as investigated by Levi & Korsinsky, LLP.
Full articleSummary: Nike is offering a special Mother's Day sale with an extra 20% off a range of products including shoes and apparel by using the discount code JUST4MOM. The sale is valid through May 5, and requires a Nike account to access the discount.
Full articleSummary: Market rallied driven by strong earnings from tech giants Alphabet and Microsoft, with the S&P 500 futures, Dow Jones, and Nasdaq showing notable gains. Despite this, market faced challenges earlier in the week due to U.S. economic data indicating a GDP growth slowdown and inflation concerns. Sector-specific impacts were seen in the energy sector. Traders adjusting their rate cut expectations to only one potential cut this year.
Full articleSummary: McDonald's Corporation is expected to report its first-quarter 2024 results with an estimated earnings per share of $2.70 and revenue of $6.2 billion. The company is predicted to see a growth in top line driven by digital adoption, menu innovation, and unit expansion efforts.
Full articleSummary: Analysts have provided a range of opinions on Bristol-Myers Squibb over the past quarter, with some lowering price targets and adjusting ratings. The average 12-month price target is $50.00, signaling a 15.61% decrease from the previous average price target of $59.25.
Full articleSummary: MSI is prioritizing GeForce RTX cards over Radeon GPUs due to scarcity issues, with noticeable decrease in availability of Radeon GPUs, particularly in Australia and Europe. Evidence indicates a shift in focus away from producing Radeon GPUs, as MSI has released significantly fewer models based on the Radeon RX 7000 series compared to GeForce RTX lineup.
Full articleSummary: Costco offers various ways for its members to save money including free delivery on furniture, discounts on prescriptions, deals on gift cards, savings on electronic devices, and free tire installation. These strategies can help members save $50 or more, ultimately earning back the cost of their membership.
Full articleSummary: Tesla has launched Quicksilver paint option for Model Y in the US through its inventory page, with several units available for purchase in Long Range Dual Motor AWD and Performance variants, offered with different wheel and interior options.
Full articleSummary: Nasdaq Composite and other major market averages edged up on Friday after receiving positive quarterly results from Alphabet (GOOGL) and Microsoft (MSFT) which boosted investor sentiment. Further inflation data also contributed to the positive market movement.
Full articleSummary: A paramedic from a local EMS agency in Plymouth Township, PA, has been arrested for allegedly stealing over $20,000 in merchandise from a Home Depot store over a span of 9 months through tactics like ticket switching and not scanning items at self-checkout registers.
Full articleSummary: Comcast chairman Brian Roberts' total compensation for 2023 increased by 10.6% to $35.4 million, while Comcast president Mike Cavanagh's total compensation decreased by 26.9% to $29.58 million.
Full articleSummary: Alphabet shares surged 10% after better-than-expected Q1 results, first dividend, and $70 billion buyback; revenue grew 15% YoY to $80.54 billion, exceeding analysts' expectations; multiple analysts raised their price targets for the stock.
Full articleSummary: Wells Fargo maintained an Overweight rating on Keurig Dr Pepper, raised the price target from $37.00 to $39.00, highlighting the company's growth potential and positive outlook. The adjustment reflects the belief that the stock is undervalued compared to historical averages, with several factors contributing to an optimistic outlook, including expected improvements in various segments and potential financial catalysts.
Full articleSummary: TD Cowen surveyed consumers about cable's wireless offer and found that inertia is a major factor for cable internet subs not switching to cable's mobile service. Charter and Comcast have the opportunity to gain about 7.5 million more mobile subscribers. The Affordable Connectivity Program (ACP) might face challenges as funding will run out in May, potentially leading to some ACP customers choosing lower-cost internet services.
Full articleSummary: The Brotherhood of Locomotive Engineers and Trainmen (BLET) and Brotherhood of Maintenance of Way Employes Division-International Brotherhood of Teamsters (BMWED-IBT) have announced support for a change in leadership at Norfolk Southern Corp. with new candidates proposed by Ancora Holding Group LLC. Other unions have issued a warning that Ancora's proposed strategy may jeopardize safety and service improvements. NS has its own set of board candidates for shareholders to decide during the annual meeting on May 9.
Full articleSummary: Analysts have expressed a variety of opinions on Bristol-Myers Squibb over the past quarter, with recent evaluations showing a decrease in the average price target by 15.61% compared to the previous target. Multiple analysts have adjusted their ratings and price targets for the company, reflecting changing market dynamics and company performance.
Full articleSummary: ExxonMobil is focused on high grading refineries, opting for integrated facilities making a broad suite of high-value products. The company sees long-term demand for oil and natural gas. They're working on a gas to power project in Guyana, with expectations to bring the gas onshore by the end of 2024 aiming to provide cleaner, more reliable, and cost-effective power to the country.
Full articleSummary: Nvidia Corp. shares are rallying back from last week’s selloff as clients are doubling down on artificial intelligence investments, stock is up 15% this week
Full articleSummary: Google's parent company Alphabet hits a stock market value of $2tn for the first time after declaring its first ever dividend alongside strong quarterly results.
Full articleSummary: Microsoft (MSFT) reported earnings that beat estimates for the third quarter of the 2024 fiscal year, highlighted increased expenditure expectations for AI and cloud infrastructure investments, and noted strong cloud segment growth. The company discussed the impact of AI projects and Azure growth on its earnings, highlighted Copilot's integration capabilities, and mentioned that demand for Azure AI exceeds supply.
Full articleSummary: Ford is recalling nearly 500,000 Bronco Sport SUVs and Maverick pickup trucks due to a battery malfunction that could lead to power cut off while driving.
Full articleSummary: MSI is shifting its focus towards NVIDIA's RTX GPUs over AMD's Radeon GPUs due to higher user interest, despite still collaborating with AMD on motherboards.
Full articleSummary: Top companies like Gatorade, Adidas, and Nike are supporting Athlete Ally to advocate for transgender inclusion in sports, an issue that has sparked debate due to recent changes to Title IX, including criticism from Rep. Virginia Foxx.
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