Summary: Texas Instruments' price target was raised from $137.00 to $157.00 by The Goldman Sachs Group with a 'sell' rating, indicating a potential downside of 10.41% from the current price. Multiple other analysts have given varying ratings and price targets for TXN. The semiconductor company recently reported earnings per share of $1.20 for the last quarter, beating estimates.
Full articleSummary: Investment analysts at Benchmark reaffirmed 'buy' rating for Texas Instruments with a price target of $210.00, indicating a potential upside of 19.83%. Other analysts have also issued buy and hold ratings for the company. Texas Instruments reported $1.20 earnings per share in the last quarter, beating estimates.
Full articleSummary: Texas Instruments had its price target raised by Susquehanna to $205 with a 'positive' rating. Several other analysts also adjusted their price targets and ratings for TXN. The company's average rating is 'Hold' with a consensus target price of $180.74. Texas Instruments recently reported Q1 earnings beating estimates.
Full articleSummary: Oracle announced new AI capabilities within Oracle Fusion Cloud Customer Experience (CX) to help accelerate deal cycles for marketers, sellers, and service agents by automating tasks and enabling professionals to target, engage, and serve buyers more precisely. The AI capabilities are built on Oracle Cloud Infrastructure (OCI) and include Secure Generative AI features. The new AI capabilities in Oracle Cloud CX expand the AI capabilities within Oracle Fusion Applications, with features like Gen AI Assisted Answer Generation, Assisted Scheduling for Field Service, Opportunity Identification, Gen AI Assisted Authoring for Marketing and Sales, and Seller Engagement Recommendations.
Full articleSummary: Raymond James & Associates trimmed its holdings in BNY Mellon Strategic Municipal Bond Fund by 3.7% during the 4th quarter. Other institutional investors also adjusted their stakes in the business. BNY Mellon Strategic Municipal Bond Fund, Inc. recently declared a monthly dividend.
Full articleSummary: The Global Online Airline Booking Market is expected to reach USD 11.13 billion by 2030, driven by rising demand for air travel and expansion of airlines. Innovations in AI & blockchain technology are streamlining operations for booking platforms. Recent partnerships and acquisitions in the industry aim to enhance customer experience and expand booking options.
Full articleSummary: Meta stock fell more than 10% despite reporting better-than-anticipated sales, driven by steep Metaverse losses and CEO's commitment to further spending. Investors focused on the lukewarm Q2 outlook with light revenue guidance.
Full articleSummary: Honeywell has developed new hydrocracking technology to produce sustainable aviation fuel (SAF) from biomass, providing a more environmentally friendly alternative to traditional fossil-based jet fuels.
Full articleSummary: Increased use of GenAI and growing emphasis on industry clouds are driving changes in the Salesforce market in Germany, as per ISG Provider Lens™ report
Full articleSummary: Medscape removes smoking cessation courses funded by tobacco industry giant PMI after protests and criticism from doctors and academics, internal documents reveal the multimillion dollar deal and ambitious plans including podcasts and TV shows. Critics denounce the partnership as unethical and call for global ban on tobacco-funded medical education.
Full articleSummary: Jamie Dimon, CEO of JPMorgan Chase, praised Indian PM Narendra Modi for lifting 400 million people out of poverty and implementing key policies like 'Aadhaar' ID system and opening bank accounts for 700 million people. He commended Modi for tackling systematic issues like corruption and improving education and infrastructure. India's economy is growing rapidly with expectations to become the third largest by the end of the decade.
Full articleSummary: A St. Petersburg court ordered the freezing of funds owned by JPMorgan Chase in Russia in favor of VTB, seeking to recover $439.5 million blocked due to US-led sanctions.
Full articleSummary: Cisco's Talos unit discovered a state-sponsored campaign targeting perimeter network devices, including two zero-day flaws in Cisco's firewalls. The attacks aimed at Cisco's Adaptive Security Appliances can provide actors with direct access to an organization's network and communication monitoring. The campaign also targeted Microsoft Exchange servers and network devices from other vendors.
Full articleSummary: The Home Depot Inc (HD) is highlighted as one of the cheapest stocks in the Stock Screeners, showing a 11.35% increase in share price over the past twelve months and considered undervalued based on key fundamentals.
Full articleSummary: Raymond James Financial Services Advisors Inc. decreased its stake in BNY Mellon Strategic Municipals, Inc. by 28.1% in the 4th quarter. Several other hedge funds and institutional investors have also adjusted their positions in the stock. BNY Mellon Strategic Municipals announced a monthly dividend of $0.019.
Full articleSummary: Wells Fargo Bank files for receivership of Peter Pan Seafoods, owing more than USD 60 million despite requests for repayment. The bank has requested to appoint a specialist group to liquidate Peter Pan's assets to settle the debts.
Full articleSummary: Salesforce partnered with Malligavad Foundation to restore Regula Kunta lake in Hyderabad as part of their climate justice initiative, including planting 6,000 saplings and launching the Solar Blazer Project in Telangana villages.
Full articleSummary: Texas Instruments has patented a system for enhancing downlink control channel efficiency and configuring EPDCCH resources in a base station, as well as innovations in under-screen biometric identification from patents. The company's grant share as of February 2024 was 70%.
Full articleSummary: Apple is planning to release an updated version of the Mac Pro next year, featuring the M4 chip 'Hidra', aimed at providing more power for professional users such as videographers, photographers, and designers.
Full articleSummary: Cisco Talos uncovered a state-affiliated cyber espionage campaign, known as ArcaneDoor, exploiting two zero days to plant malware on critical government networks, with a focus on perimeter network devices. The vulnerabilities exploited pertain to Cisco's Adaptive Security Appliance (ASA) and Firepower Threat Defense (FTD) solutions.
Full articleSummary: Lafayette College partners with NextEra Energy Resources for a renewable energy partnership at the Sebree Solar II project in Kentucky, aiming to offset 100% of campus electricity and 40% of greenhouse gas emissions with educational benefits included.
Full articleSummary: Honeywell International Inc. has successfully managed macroeconomic challenges and geopolitical events by implementing pricing actions, supply chain diversification, and product innovation strategies. The company aims to sustain growth by reducing supply risk, accelerating innovation, and expanding market penetration.
Full articleSummary: The Salesforce market in Germany is seeing changes due to increased use of GenAI and emphasis on industry clouds, with enterprises seeking consulting services to optimize license usage and reduce costs.
Full articleSummary: Gilead Sciences, Inc. reported its first quarter 2024 results with a 5% increase in total revenue to $6.7 billion compared to the same period last year. Despite a $(3.34) diluted loss per share, the revenue growth was primarily driven by higher sales in HIV, Oncology, and Liver Disease. Gilead also highlighted the acquisition of CymaBay and the potential of seladelpar for liver disease treatment.
Full articleSummary: Salesforce partners with the Malligavad Foundation to restore Regula Kunta lake in Hyderabad as part of its climate justice initiative in India.
Full articleSummary: CVS Health (CVS) closed the trading day with a slight decrease and has been lagging behind major indices recently. Analysts are expecting a decline in earnings for the upcoming reporting period. CVS Health has a Zacks Rank of #4 (Sell) with a premium valuation compared to industry averages. The Retail - Pharmacies and Drug Stores industry, to which CVS belongs, has a relatively low Zacks Industry Rank.
Full articleSummary: German enterprises are increasingly demanding consulting services to optimize Salesforce license usage and reduce costs, ISG reports. The market is undergoing transformation due to Salesforce's verticalization strategy and emphasis on innovations leveraging GenAI. Several leading providers were noted in the report for their capabilities in different quadrants.
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