Summary: Booking.com releases new research on sustainable travel attitudes, revealing a mix of desire for sustainability alongside weariness and frustration in making more sustainable travel choices. Travelers want collaboration to address negative impacts but struggle with feeling powerless.
Full articleSummary: STG Logistics and Union Pacific Railroad have extended their partnership in freight capacity, building upon three decades of collaboration.
Full articleSummary: Tennessee Valley Asset Management Partners increased its position in PepsiCo, Inc. by 7.9% in the 4th quarter. Several other hedge funds also added shares of PEP. Wall Street analysts have mixed ratings on PEP stock. PepsiCo recently declared a quarterly dividend of $1.265.
Full articleSummary: Analysts have issued new recommendations, or changes in opinion or price target, for several companies including AMD, Cisco, Alphabet, Apple, and Netflix.
Full articleSummary: Amid the worst U.S. bank failures since 2008 crisis, some investors are buying up battered financial stocks to bet on the sector's long-term health. ETFs tracking U.S. regional banks saw strong inflows in March despite sector's poor performance this year.
Full articleSummary: 3 analysts expressed bullish sentiments on ManpowerGroup, Knight Transportation, and Boeing in the Industrial Goods sector.
Full articleSummary: Piper Sandler analyst reiterated a bullish stance on Microsoft (MSFT) ahead of the company's quarterly earnings, maintaining an Overweight rating and a $455 price target. The analyst expects strong performance driven by Azure's growth and M365 Copilot momentum.
Full articleSummary: Japan's antitrust watchdog accuses Google of unfair competition in the advertising market and initiates a review process that will last for three years.
Full articleSummary: Vontobel Holding Ltd. reduced its stake in Philip Morris International by 16.0% in the 4th quarter, several other large investors also made changes to their positions, insider activity included significant stock sales. Philip Morris International's stock performance has been stable with a consistent dividend announcement. Wall Street analysts provide mixed reviews on the stock.
Full articleSummary: Japanese antitrust regulator accuses Alphabet Inc.'s Google of limiting Yahoo Japan's ability to compete in targeted search ads by blocking access to technology needed for receiving targeted ad revenue from searches on mobile devices. Alphabet changed its conduct after being flagged by the watchdog.
Full articleSummary: Iran launched over 300 missiles at Nevatim Air Base, leading to tensions between Israel and Iran. JPMorgan analyst upgraded Lockheed Martin's outlook to 'buy' and set a higher price target due to the potential increase in defense spending. UK investment bank Liberum Capital also expressed bullish sentiment on defense stocks if conflict remains limited.
Full articleSummary: Singlife, a top insurer in Singapore, moves core insurance applications to Oracle Cloud Infrastructure, reducing related IT costs by over a third. The migration aimed to enhance system performance, scalability, and adaptability for better decision-making.
Full articleSummary: Japanese antitrust regulator found that Alphabet Inc.'s Google used tactics to limit Yahoo Japan's ability to compete in targeted search ads but has promised to give Yahoo Japan access to the technology.
Full articleSummary: Broad-based selling wave in Big Tech players erases $212 billion from Nvidia's market cap.
Full articleSummary: Apple is planning to employ over 5 lakh employees in the next 3 years by scaling up production in India, with a goal to increase production by five times to around $40 billion in the coming 4–5 years. They are also working on an advanced AI project for their products.
Full articleSummary: Starbucks plans to introduce cold drink cups designed to use 20% less plastic in U.S. and Canada stores this month, part of their push for sustainability including a goal for all packaging to be eco-friendly by 2030.
Full articleSummary: Microsoft is set to report its fiscal third-quarter results with a focus on Azure and Office's performance as well as margin expansion. The recent market selloff has put Microsoft at a fair valuation, making it an attractive investment opportunity.
Full articleSummary: Veeam extends support to Oracle Linux Virtualization Manager in its Data Platform to provide data protection and freedom of choice for customers, enabling easy migration between virtualization platforms without compromising data security.
Full articleSummary: ROSHN Group has signed a collaboration framework with Cisco to innovate in designing sustainable smart buildings using IoT technology.
Full articleSummary: Japan's antitrust watchdog orders Google to fix advertising search restrictions that affect Yahoo in Japan. Google is required to offer "valuable" search functions to Japanese users and advertisers. The alleged questionable practices have been ongoing for more than seven years.
Full articleSummary: Apple's two company-owned stores in India have performed impressively, generating revenue of Rs 190-210 crore each in the previous fiscal year. The company is now aggressively scouting locations for three more stores in prominent malls across India, with plans to introduce the premium mixed-reality headset, Apple Vision Pro. Apple's focus on India's market expansion strategy has seen double-digit revenue growth every quarter since the stores opened.
Full articleSummary: Banks are heavily investing in AI technology to improve productivity and address customer needs with Goldman Sachs, JPMorgan Chase, Bank of New York Mellon, Bank of America, BlackRock, and Charles Schwab all sharing their focus on AI capabilities.
Full articleSummary: Simplicity Solutions LLC increased its position in Ardmore Shipping in the 4th quarter. Several other hedge funds and institutional investors also added stakes in ASC. Ardmore Shipping recently increased its dividend. Wall Street analysts forecast growth for ASC.
Full articleSummary: UBS has upgraded Voltas Ltd. to 'buy' and raised its price target by over 100%, citing potential market share gains in the RAC segment and positive outlook on Voltas' Joint Venture. The revised price target implies a 38% upside from current levels.
Full articleSummary: Walgreens and CVS have started dispensing the abortion pill in Nevada after a push by Sen. Catherine Cortez Masto following FDA guidance updates allowing mifepristone to be sold at pharmacies. The availability of mifepristone at pharmacies in Nevada may be impacted by an upcoming U.S. Supreme Court case. The case could determine the legality of the drug and the FDA's recent actions, potentially affecting access even in states where abortion is legal.
Full articleSummary: Nelly Korda wins her record-tying fifth straight tournament and second major championship, overcoming health scares to become the world's No. 1 player, reinforcing her dominance in the LPGA Tour.
Full articleSummary: Bank of Japan is not likely to raise Interest Rates, traders and investors watching for clues on future. US indices heading down towards 200-day moving average. US Federal Reserve to announce Interest Rate decision next week.
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