Summary: Telecoms operator STC announced merger of its TAWAL unit with Golden Lattice Investment Company, backed by Saudi Arabia's Public Investment Fund, forming a new entity holding 30,000 towers with annual revenues of $1.3 billion.
Full articleSummary: J.W. Cole Advisors Inc. increased its stake in BlackRock Taxable Municipal Bond Trust by 25.5% during the fourth quarter. Other institutional investors like Invesco Ltd., Eagle Bluffs Wealth Management LLC, Raymond James & Associates, Stratos Wealth Partners LTD., and LPL Financial LLC also bought shares of the company. BlackRock Taxable Municipal Bond Trust announced a monthly dividend of $0.093 per share to be paid on April 30th.
Full articleSummary: Rumours suggest that the upcoming AMD Strix Halo laptop processors may offer impressive performance on both GPU and CPU fronts, potentially outperforming current-gen processors and competing with GPUs like the RTX 4060 and RTX 4070 for laptops.
Full articleSummary: Oracle has announced Oracle Climate Change Analytics Cloud Service to help financial institutions understand financed emissions and climate risk. The service includes AI tools to calculate and analyze carbon emissions and incorporate climate risk into investment decisions. It aims to simplify compliance with global climate change reporting requirements.
Full articleSummary: Wetzel Investment Advisors Inc. purchased a new position in Intuit Inc., Other large investors also recently made changes to their positions in the company, Intuit last posted its earnings results with a positive EPS beating analysts' consensus estimates.
Full articleSummary: Bristol Myers Squibb signed a $380 million deal with Cellares to manufacture its CAR-T cell therapies in multiple countries to meet increasing demand.
Full articleSummary: Investment advisory firm Ithaka Group's first-quarter 2024 investor letter highlighted that the portfolio outperformed with a return of 14.9%, driven by stock selection, surpassing Russell 1000 Growth's return of 11.4%. Microsoft Corporation (NASDAQ:MSFT) was featured as a top pick due to its strong product offerings and positioning in the AI market.
Full articleSummary: An early engineering sample of the Nvidia GeForce RTX 2070, initially branded as GTX, has surfaced online, revealing a different spec with 2,176 CUDA cores. Despite the variation, it was able to achieve a competitive benchmark score after overclocking. The potential insights into Nvidia's design decisions and possibilities of alternative branding scenarios are highlighted.
Full articleSummary: Thiess, a mining services provider, is making strategic moves by acquiring PYBAR Holdings Limited, focusing on sustainability targets, and expanding its commodities portfolio. Thiess is planning to leverage PYBAR's expertise in underground mining services to enhance sustainability efforts and competitive advantages in the market. The company is also exploring advanced technologies like automation, electrification, and dual-fuel vehicles to reduce emissions and improve operational efficiency.
Full articleSummary: AbbVie is perceived as the leading company in the immunology space, with top-selling drugs Humira and Skyrizi, according to a report by ZoomRx. AbbVie's dominant position is reinforced by its reputation across all perception domains.
Full articleSummary: Bristol Myers Squibb signs a $380 million deal with contract manufacturer Cellares to manufacture its CAR-T cell therapies in the United States, EU, and Japan, aiming to expand manufacturing capacity due to increasing demand.
Full articleSummary: BlackRock Throgmorton Trust PLC has released an update on its issued share capital and advised shareholders on regulatory requirements for notifying changes in their shareholding.
Full articleSummary: The video discusses the outcome of a previous DAX 40 trade and presents a new trading opportunity for the Dow Jones, recommending a long position with specific entry and exit points.
Full articleSummary: Home Depot in New Rochelle has deployed guard dogs and security guards to tackle shoplifting, receiving positive feedback from shoppers for the new anti-theft measures.
Full articleSummary: Medtronic plc (NYSE: MDT) launches India’s first NeuroSmartTM Portable Micro Electrode Recording (MER) Navigation system for Parkinson’s treatment, aiming to provide enhanced precision during Deep Brain Stimulation (DBS) therapy. The system is designed to improve electrode placement and accurately record neural activity, leading to better patient outcomes.
Full articleSummary: Oracle Japan plans to invest over $8bn in cloud computing and AI infrastructure to meet growing demand in Japan, expanding OCI business and support engineering teams. Reka collaborates with Oracle to develop GenAI models for enterprise benefit.
Full articleSummary: abrdn plc increased its position in shares of Starbucks Co. (NASDAQ:SBUX) by 58.4% during the fourth quarter as per Form 13F filing with the SEC, other hedge funds also added to their stakes in the company. CEO sold shares, while analysts set new price targets. The company also announced a quarterly dividend.
Full articleSummary: Microsoft is simplifying the process of downloading Windows Store apps from the web by introducing a lightweight standalone installer to streamline the installation process.
Full articleSummary: Investors Research Corp decreased its holdings in JPMorgan Chase & Co. while other hedge funds and institutional investors made changes to their positions. Insiders at JPMorgan Chase & Co. have recently sold shares, and the company has announced an increase in their dividend. Wall Street analysts have mostly positive ratings on JPM stock.
Full articleSummary: Cognizant and Microsoft announce an expanded partnership to make Microsoft's generative AI and Copilots available to millions of users, aiming to transform enterprise business operations, enhance employee experiences, and accelerate cross-industry innovation.
Full articleSummary: Bristol Myers Squibb and Cellares have reached a $380 million deal to supply CAR-T cell therapies to more patients.
Full articleSummary: The Department of Justice filed a sweeping antitrust lawsuit against Apple, accusing the company of monopolizing the smartphone market. The suit alleges that Apple has used its market power to limit competition and harm consumers. It also addresses concerns about Apple's ecosystem and the lack of consumer choice.
Full articleSummary: First Trust Dow Jones Internet ETF (FDN) is a passively managed ETF that seeks to match the performance of the Technology - Internet segment of the equity market. It has a significant allocation in the Information Technology sector and includes companies focused on Internet-related services. FDN has shown a return of approximately 3.41% so far this year and about 34.02% in the last one year. The ETF holds a Zacks ETF Rank of 2 (Buy) and is considered a top choice for investors interested in Technology ETFs.
Full articleSummary: ExxonMobil tightens the screws on climate activists by restricting shareholder proposals, facing backlash for legal actions against investors pushing for accelerated climate goals, and aiming for a stricter interpretation of proxy process rules. The company has decreased the number of shareholder measures on the ballot compared to the previous year.
Full articleSummary: BlackRock (NYSE:BLK) stock surged from over $500 to $845 a share between October 2022 and early-March 2024. Elliott Wave analysis suggests a potential decline to near $380 per share.
Full articleSummary: Disney's Typhoon Lagoon experienced overwhelming operations due to high crowds and limited beach chairs, prompting guests to park at nearby Orange Garage and causing some to leave for the day. The park, known for its water-based attractions, does not have a capacity limit and does not require reservations, leading to potential overcrowding.
Full articleSummary: abrdn plc raised its position in shares of RTX Co. by 71.0% in the fourth quarter, according to the company in its most recent 13F filing with the SEC. Several other institutional investors and hedge funds have also increased their stakes in RTX. RTX also recently announced a quarterly dividend and saw insider selling activity.
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