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| TSLA US | Tesla To Cut 693 Jobs In Nevada Amid Global Workforce Reduction: Government Notice Tesla Inc. (NASDAQ: TSLA ) is reportedly set to lay off 693 employees at its Nevada facilities as part of the 10% layoff announced by the company earlier this month to reduce costs amid falling EV sales and margins. What Happened : Tesla has filed a notice with the Nevada Department of Employment, Training, and Rehabilitation, indicating its intention to lay off 693 employees at its Sparks, Nevada facilities, Reuters reported. Tesla did not immediately respond to Benzinga's request for comment. Tesla announced its plan to lay offabout 14,000 employees, or 10% of its global workforce, on April 15. 'About every five ... Full story available on Benzinga.com - benzinga | 44m ago link | |
| USO US | Iraqi TikTok star Om Fahad shot dead in Baghdad The government says a specialist team is looking into the death of the well-known influencer. - bbci co uk | 1h ago link | |
| YHOO US | NFL Draft 2024 live updates: Day 2 second and third round picks, trades, grades and news from Detroit - Yahoo Sports NFL Draft 2024 live updates: Day 2 second and third round picks, trades, grades and news from Detroit Yahoo Sports Analysis of every pick in the 2024 NFL draft ESPN 2024 NFL Draft grades, second round: Bills get C- for Keon Coleman; Eagles earn A- for Cooper DeJean CBS Sports NFL draft picks 2024: Live tracker updates, analysis on second and third round USA TODAY 2024 NFL Draft, Day 2 mock: RB Jaylen Wright to Cowboys in Round 3; Rams take QB Spencer Rattler NFL.com - news google | 1h ago link | |
| TSLA US | Elon Musk Says Ad Revenue Sharing Will Be 'Paused' For Some X Creators Over Pending Investigation Into 'Use Of Bots To Spam Likes, Replies' Elon Musk announced the suspension of ad revenue sharing for certain creators on his social media platform, X , formerly Twitter , due to bot spamming . What Happened: Musk took to X to reveal that the ad revenue sharing for some creators will be paused. This decision comes as a response to an ongoing investigation into the bot problem on his social media platform. 'Ad revenue sharing will be paused for some creators pending investigation into use of bots to spam likes, replies, DMs, etc.' Ad revenue sharing will be paused for some creators pending investigation into use of bots to spam likes, replies, DMs, etc — Elon Musk (@elonmusk) April 26, 2024 The billionaire entrepreneur emphasized the purpose of creator payouts. However, he noted that some ... Full story available on Benzinga.com - benzinga | 1h ago link | |
| YHOO US | NFL Draft 2024 live updates: Day 2 second and third round picks, trades, grades and news from Detroit - Yahoo Sports NFL Draft 2024 live updates: Day 2 second and third round picks, trades, grades and news from Detroit Yahoo Sports Analysis of every pick in the 2024 NFL draft ESPN 2024 NFL Draft grades, second round: Bills get C- for Keon Coleman; Eagles earn A- for Cooper DeJean CBS Sports NFL draft picks 2024: Live tracker updates, analysis on second and third round USA TODAY Best players available in Round 2 include Cooper DeJean, Kool-Aid McKinstry NBC Sports - news google | 1h ago link | |
| YHOO US | NFL Draft 2024 live updates: Day 2 second and third round picks, trades, grades and news from Detroit - Yahoo Sports NFL Draft 2024 live updates: Day 2 second and third round picks, trades, grades and news from Detroit Yahoo Sports 2024 NFL Draft grades, second round: Bills get C- for Keon Coleman; Eagles earn A- for Cooper DeJean CBS Sports NFL Draft 2024: Instant grades for every pick in Round 2 Yahoo Sports NFL draft picks 2024: Live tracker updates, analysis on second and third round USA TODAY 2024 NFL Draft, Day 2 mock: RB Jaylen Wright to Cowboys in Round 3; Rams take QB Spencer Rattler NFL.com - news google | 1h ago link | |
| TSLA US | 'Check Your Inbox!': Tesla Sends Out Expedited Cybertruck Delivery Invites To Long-Term Shareholders Tesla Inc (NASDAQ: TSLA ) has started sending Cybertruck delivery invites to long-term shareholders who opted for early delivery, company executive Martin Viecha said on Friday. What Happened: “The first batch of early Cybertruck delivery invites for long-term shareholders just went out – please check your inbox!,” Viecha wrote in a post on X, formerly Twitter. The first batch of early Cybertruck delivery invites for long-term shareholders just went out – please check your inbox! Sorry about the delay, verifying statements of so many shareholders is taking some time. More to come! Thanks @J0se , his team and the IR team 🙂 https://t.co/jshOaWmm6u — Martin Viecha (@MartinViecha) ... Full story available on Benzinga.com - benzinga | 1h ago link | |
| UHAL US | Nebraska Tornadoes: U-Haul Offering 30 Days Free U-Box Storage in Omaha, Lincoln OMAHA, Neb., April 26, 2024 /PRNewswire/ -- U-Haul is offering recovery assistance to victims in the Omaha and Lincoln metro areas impacted by the powerful tornadoes that ripped through suburbs of both cities on Friday, causing widespread damage. Elkhorn, Bennington and Blair were among... - prnewswire:443 | 2h ago link | |
| ZTS US | ROSEN, A TOP RANKED LAW FIRM, Encourages Zoetis Inc. Investors to Inquire About Securities Class Action Investigation - ZTS NEW YORK, April 26, 2024 /PRNewswire/ -- WHY: Rosen Law Firm, a global investor rights law firm, announces an investigation of potential securities claims on behalf of shareholders of Zoetis Inc. (NYSE: ZTS) resulting from allegations that Zoetis may have issued materially misleading... - prnewswire:443 | 2h ago link | |
| AXTI US | ROSEN, A LEADING LAW FIRM, Encourages AXT, Inc. Investors to Inquire About Securities Class Action Investigation - AXTI NEW YORK, April 26, 2024 /PRNewswire/ -- WHY: Rosen Law Firm, a global investor rights law firm, announces an investigation of potential securities claims on behalf of shareholders of AXT, Inc. (NASDAQ: AXTI) resulting from allegations that AXT, Inc. may have issued materially misleading... - prnewswire:443 | 2h ago link | |
| GRMN US | How to change and customize Garmin watch faces Changing a Garmin watch face isn't as easy as it is on most Android watches. We'll show you the steps you'll need, including downloading a second Garmin app for customized faces and data fields. - androidcentral | 2h ago link | |
| AAPL US | Goodbye Google Gemini? Apple In Talks With Microsoft-Backed OpenAI For iPhone AI Features: Report Apple Inc. (NASDAQ: AAPL ) has reportedly resumed discussions with Microsoft Corp.-backed (NASDAQ: MSFT ) OpenAI about incorporating the startup’s AI technology into the upcoming iPhone features . What Happened : Apple is in talks with OpenAI to potentially integrate its technology into the iPhone’s next operating system, iOS 18 , Bloomberg reported. The companies are discussing the terms of the agreement and how OpenAI’s features would be integrated into iOS 18. This development marks the reopening of discussions between the two companies. While Apple had initially collaborated with OpenAI earlier this year, there has been minimal engagement between the two entities since then. Subscribe to the Benzinga Tech Trends newsletter to get all the latest tech developments delivered to your inbox. Apple has not yet made a final decision ... Full story available on Benzinga.com - benzinga | 2h ago link | |
| FULT US | US regulators seize troubled lender Republic First, sell it to Fulton Bank submitted by /u/Cloudbase_academy [link] [comments] - reddit | 2h ago link | |
| NVDA US | Nvidia Acquires Run:ai to Boost AI Infrastructure Efficiency Nvidia had recently acquired Run:ai, an Israeli startup specializing in AI workload management. This move underscores the increasing significance of Kubernetes in generative AI. Through this, Nvidia aims to address the challenges associated with GPU resource utilization in AI infrastructure. Let’s delve into the details of this acquisition and its implications for the AI and […] The post Nvidia Acquires Run:ai to Boost AI Infrastructure Efficiency appeared first on Analytics Vidhya . - analyticsvidhya | 2h ago link | |
| TSLA US | Tesla 'Is Now Enron, Folks:' Facebook Co-Founder Claims Musk's EV Giant Is Cooking Up Some FSD Data Tesla, Inc. (NASDAQ: TSLA ) CEO Elon Musk has placed high hopes on its Full Self-Driving (FSD) software. However, the electric vehicle giant’s autonomous driving technology continues to be controversial. On Thursday, a tech entrepreneur made some shocking claims that further clouded the outlook for the technology. Red Flags: Dustin Moskovitz , co-founder of Facebook (now Meta ), expressed strong concerns about Tesla in a post on Meta’s Threads messaging app. He compared Tesla’s situation to the infamous collapse of energy company Enron , stating, “I know I sound crazy to most people who don’t follow $TSLA closely but at this point it really needs to be said. This is Enron now, folks.” Enron executives systematically inflated their company’s financial performance for years, hiding billions in debt through a web of complex financial instruments. It even - benzinga | 2h ago link | |
| YHOO US | NFL Draft 2024 live updates: Day 2 second and third round picks, trades, grades and news from Detroit - Yahoo Sports NFL Draft 2024 live updates: Day 2 second and third round picks, trades, grades and news from Detroit Yahoo Sports Analysis of every pick in the 2024 NFL draft ESPN 2024 NFL Draft grades, second round: Bills get C- for Keon Coleman; Eagles earn A- for Cooper DeJean CBS Sports NFL draft picks 2024: Live tracker updates, analysis on second and third round USA TODAY 2024 NFL Draft pick-by-pick tracker: Every selection, Rounds 1 through 7 The Athletic - news google | 2h ago link | |
| TSLA US | Elon Musk Claps Back At Facebook Co-Founder's Consumer Fraud Accusations Against Tesla: 'Should Go To Jail For Impersonating A Smart Person' Tesla Inc (NASDAQ: TSLA ) CEO Elon Musk has responded to the allegations of“consumer fraud on a massive scale” made by Facebook co-founder Dustin Moskovitz . What Happened : On Thursday, Moskovitz, the CEO and co-founder of software company Asana , took to Threads and accused Tesla of fraudulent practices. He likened the EV giant’s actions to those of Enron , acorporation that went bankrupt in2001 due to a massive accounting fraud. “I know I sound crazy to most people who don’t follow $TSLA closely but at this point it really needs to be said. This is Enron now, folks,” he said, adding, “It may keep going, but people are going to jail at the end.” He went on to say, “Tesla has committed consumer fraud on a massive scale, from lying about FSD, ranges, and (recently, unconfirmed!) even inflating odometers,” adding, “Many times now, also securities fraud.” See Also: Elon Musk Agrees Every A - benzinga | 3h ago link | |
| TSLA US | Tesla Autopilot has 'critical safety gap' linked to hundreds of collisions: NHTSA Federal authorities say a critical safety gap in Teslas Autopilot system contributed to at least 467 collisions, 13 resulting in fatalities and many others resulting in serious injuries. The findings come from a National Highway Traffic Safety Administration analysis of 956 crashes in which Tesla Autopilot was thought to have been in use. The results of the nearly three-year investigation were published Friday. Teslas Autopilot design has led to foreseeable misuse and avoidable crashes, the NHTSA report said. The system did not sufficiently ensure driver attention and appropriate use. NHTSAs filing pointed to a weak driver engagement system, and Autopilot that stays switched on even when a driver isnt paying adequate attention to the road or the driving task. The driver engagement system includes various prompts, including nags or chimes, that tell drivers to pay attention and keep their hands on the wheel, as well as in-cabin cameras that can detect when a driver is not looki - reddit | 3h ago link | |
| YHOO US | NFL Draft 2024 live updates: Day 2 second and third round picks, trades, grades and news from Detroit - Yahoo Sports NFL Draft 2024 live updates: Day 2 second and third round picks, trades, grades and news from Detroit Yahoo Sports 2024 NFL Draft pick-by-pick tracker: Every selection, Rounds 1 through 7 The Athletic Raiders select Jackson Powers-Johnson with the 44th overall pick in the 2024 NFL Draft Raiders.com 2024 NFL Draft, Day 2 mock: RB Jaylen Wright to Cowboys in Round 3; Rams take QB Spencer Rattler NFL.com 2024 NFL Draft grades, second round: Bills get C- for Keon Coleman; Eagles earn A- for Cooper DeJean CBS Sports - news google | 3h ago link | |
| FULT US | Fulton Financial acquires Republic First Bank after first U.S. bank failure of 2024 After struggling under the weight of higher interest rates, Republic First Bancorp on Friday found another regional lender willing to rescue it: fellow Pennsylvania-based bank Fulton Financial Corp. - marketwatch | 3h ago link | |
| HAL US | Tyrese Haliburton's winner ices Bucks as Pacers take 2-1 series lead - ESPN Tyrese Haliburton's winner ices Bucks as Pacers take 2-1 series lead ESPN Haliburton Caps Historic Game 3 Performance with Overtime Heroices NBA.com NBA playoffs: Tyrese Hailburton game-winner and potential Damian Lillard Achilles injury leaves Bucks in nightmare Yahoo Sports Giannis Antetokounmpo ruled out of Game 3 in Bucks-Pacers playoff series FOX Sports NBA playoffs scores, live updates, highlights: Pacers outlast Bucks in OT, Mavs win Game 3, Suns-Wolves battle CBS Sports - news google | 3h ago link | |
| MTEM US | Phone Mockup Product Mockups Graphic Templates Continue reading on Medium - medium | 3h ago link | |
| FXI US | Blinken meets with Chinese President Xi Jinping Secretary of State Antony Blinken met Friday with Chinese President Xi Jinping and other top officials in Beijing. Blinken raised concern that China is helping Russia to produce tanks, armored vehicles and weapons for its war in Ukraine. Nancy Cordes has more from the White House. - cbsnews | 3h ago link | |
| YHOO US | NFL Draft 2024 live updates: Day 2 second and third round picks, trades, grades and news from Detroit - Yahoo Sports NFL Draft 2024 live updates: Day 2 second and third round picks, trades, grades and news from Detroit Yahoo Sports 2024 NFL Draft: Pick-by-pick analysis for Day 2 NFL.com 2024 NFL Draft grades, Day 2 tracker: Analysis for every selection in second round CBS Sports Round 2 NFL mock draft: Best available prospects, predictions ESPN 2024 NFL Draft tracker? Round 2-3 live results, NFL draft order for Day 2 picks Courier Journal - news google | 4h ago link | |
| AAPL US | Apples iPhone AI Plans Confirmed With New Software Release Apple hopes this is how the iPhone 16 Pro will stand out... - forbes | 4h ago link | |
| AAPL US | Apple Introduces OpenELM: Open-Source AI Models for On-Device Processing Apple has recently unveiled OpenELM, a family of open-source language models optimized for on-device processing. This model has been made open source, encouraging free usage and collaboration. Apple’s move towards transparency aims to empower developers and researchers while enhancing user privacy. Lets find out more about this new release. Also Read: Apple Boosts AI Capabilities […] The post Apple Introduces OpenELM: Open-Source AI Models for On-Device Processing appeared first on Analytics Vidhya . - analyticsvidhya | 4h ago link | |
| FULT US | Fulton Financial acquires Republic First Bank in latest regional-bank rescue - marketwatch | 4h ago link | |
| YHOO US | NFL Draft 2024 Day 2 live updates: Second and third round picks, trades, grades and news from Detroit - Yahoo Sports NFL Draft 2024 Day 2 live updates: Second and third round picks, trades, grades and news from Detroit Yahoo Sports Round 2 NFL mock draft: Best available prospects, predictions ESPN 2024 NFL Draft: Pick-by-pick analysis for Day 2 NFL.com 2024 NFL Draft grades, first round: Falcons earn B- for Michael Penix Jr., Vikings get C+ for J.J. McCarthy CBS Sports 2024 NFL Draft tracker? Round 2-3 live results, NFL draft order for Day 2 picks Courier Journal - news google | 4h ago link | |
| FULT US | Fulton Financial acquires Republic First Bank in latest regional-bank rescue After struggling under the weight of higher interest rates, Republic First Bancorp on Friday found another regional lender willing to rescue it: fellow Pennsylvania-based bank Fulton Financial Corp. - marketwatch | 4h ago link | |
| AKRO US | AKRO INVESTOR ALERT: Robbins Geller Rudman & Dowd LLP Files Class Action Lawsuit Against Akero Therapeutics, Inc. and Announces Opportunity for Investors with Substantial Losses to Lead the Akero Class Action Lawsuit SAN DIEGO, April 26, 2024 (GLOBE NEWSWIRE) -- Robbins Geller Rudman & Dowd LLP announces that it has filed a class action lawsuit seeking to represent purchasers of Akero Therapeutics, Inc. (NASDAQ: AKRO ) common stock between September 13, 2022 and October 9, 2023, inclusive (the 'Class Period'). Captioned Klobus v. Akero Therapeutics, Inc. , No. 3:24-cv-02534 (N.D. Cal.), the Akero class action lawsuit charges Akero and certain of its top executive officers with violations of the Securities Exchange Act of 1934. If you suffered substantial losses and wish to serve as lead plaintiff of the Akero class action lawsuit, please provide your information here: https://www.rgrdlaw.com/cases-akero-therapeutics-inc-class-action-lawsuit-akro.html You can also contact attorney J.C. Sanchez or Jennifer N. Caringal of Robbins Geller by calling 800/449-4900 or via e-mail at info@rgrdlaw.com . Lead plaintiff motions for the Akero class action - benzinga | 4h ago link | |
| AKRO US | AKRO INVESTOR ALERT: Robbins Geller Rudman & Dowd LLP Files Class Action Lawsuit Against Akero Therapeutics, Inc. and Announces Opportunity for Investors with Substantial Losses to Lead the Akero Class Action Lawsuit SAN DIEGO, April 26, 2024 (GLOBE NEWSWIRE) -- Robbins Geller Rudman & Dowd LLP announces that it has filed a class action lawsuit seeking to represent purchasers of Akero Therapeutics, Inc. (NASDAQ: AKRO) common stock between September 13, 2022 and October 9, 2023, inclusive (the Class Period). Captioned Klobus v. Akero Therapeutics, Inc. , No. 3:24-cv-02534 (N.D. Cal.), the Akero class action lawsuit charges Akero and certain of its top executive officers with violations of the Securities Exchange Act of 1934. - globenewswire | 4h ago link | |
| NFLX US | Can't Pick What To Watch? Here Are 5 New Netflix Releases Worth Your Weekend Netflix loves launching new stuff on its platform every week to keep things fresh but that also makes every weekend a bit of an adventure to try and stay ahead of what’s worth a watch and what’s just ‘meh.’ Well, that’s where we step in. With the sun shining, we’ve combed through all the new, new-to-us, and new-to-stream fare gracing the streamer's digital shelves to craft a watch list that spares you the trouble of wasting precious weekend hours in sifting through Netflix’s endless catalogue. Here are our top picks for what to watch on Netflix this weekend: 1. Dead Boy Detectives Dead Boy Detectives is about a pair of teenagers investigating paranormal mysteries. Image credit: Tudum/ Netflix Spawned from the imaginative world of Neil Gaiman 's comics, Dead Boy Detectives tells the tale of two British teens who shun the afterlife to linger on Earth. Edwin and Charles, the spirited duo, along with Crystal, an Ameri - benzinga | 4h ago link | |
| RCL US | Hard Rock International, Royal Caribbean International und Celebrity Cruises kndigen globale Partnerschaft an, die Reisevorteile an Land und auf See bietet Die neue Partnerschaft bietet Urlaubern und Teammitgliedern Belohnungen in Hard Rock Hotels und Cafs sowie bei Reisen mit Royal Caribbean International und Celebrity Cruises HOLLYWOOD, Fla., April 27, 2024 /PRNewswire/ -- Hard Rock International und Royal Caribbean Group (NYSE: RCL),... - prnewswire:443 | 4h ago link | |
| LLY US | Cramer's week ahead: Fed meeting and earnings from Apple, Amazon, Eli Lilly CNBC's Jim Cramer on Friday walked investors through next week on Wall Street. - cnbc | 23:21 Fri link | |
| TDOC US | Why Teladoc Health Stock Dived on Friday The onetime telehealth star's luster continued to dim after publishing first-quarter earnings. - fool | 22:20 Fri link | |
| CINF US | Cincinnati Financial (CINF) Q1 2024 Earnings Call Transcript CINF earnings call for the period ending March 31, 2024. - fool | 22:00 Fri link | |
| LUV US | SOUTHWEST AIRLINES EXTENDS FLIGHT SCHEDULE THROUGH MARCH 5, 2025 CARRIER OFFERS HISTORIC TIME HORIZON OF DAYS AVAILABLE FOR BOOKING DALLAS, April 26, 2024 /PRNewswire/ -- Southwest Airlines Co. (NYSE: LUV) has extended its flight schedule through March 5, 2025, to allow Customers to plan and book travel well into the new year. The carrier's full flight... - prnewswire:443 | 21:56 Fri link | |
| SAIA US | Why Saia Stock Plunged Today The business grew, but first-quarter results missed estimates. - fool | 21:33 Fri link | |
| NVDA US | Microsoft, Amazon, Nvidia And Alphabet Lead Tech Stock Surge To Two-Month High The rally from Microsoft, Amazon, Nvidia and Alphabet eased anxiety over stubborn inflation. - forbes | 21:17 Fri link | |
| MSFT US | Microsoft, Alphabet gains propel Nasdaq to best day since Feb; S&P, Dow also rise Wall Street ended solidly higher on Friday, after earnings from tech behemoths Microsoft (MSFT) and Alphabet (GOOG) (GOOGL) reignited the artificial intelligence (AI) craze. Moreover, traders bracing for another hotter-than-expected reading on inflation were calmed after the Federal Reserve's preferred price gauge largely matched estimates. The benchmark S&P 500 (SP500) climbed 1.02% to close at 5,099.81 points. Meanwhile, the tech-heavy Nasdaq Composite (COMP:IND) surged 2.03% to settle at 15,927.90 points and notched its best day since February 22. The blue-chip Dow (DJI) lagged the other two indexes in terms of gains, but still rose 0.40% to conclude at 38,239.66 points. Of the 11 S&P sectors, six ended in the green. Communication Services saw an outsized jump of nearly 5%, boosted by Microsoft (MSFT) and Alphabet (GOOG) (GOOGL). The two tech giants on Thursday delivered quarterly results that cemented their dominance in the AI race. Investors took heart fr - reddit | 21:14 Fri link | |
| MSFT US | Microsoft and Alphabet enjoy AI-powered gains from cloud divisions Combined market value of the two tech giants rose by more than $250bn after revenue growth beat expectations - ft | 21:11 Fri link | |
| VFC US | 12 Analysts Assess VF: What You Need To Know Analysts' ratings for VF (NYSE: VFC ) over the last quarter vary from bullish to bearish, as provided by 12 analysts. In the table below, you'll find a summary of their recent ratings, revealing the shifting sentiments over the past 30 days and comparing them to the previous months. Bullish Somewhat Bullish Indifferent Somewhat Bearish Bearish Total Ratings 2 1 9 0 0 Last 30D 0 0 1 0 0 1M Ago 1 0 2 0 0 2M Ago 0 0 0 0 0 3M Ago 1 1 6 0 0 Analysts have recently evaluated VF and provided 12-month price targets. The average target is $16.38, accompanied by a high estimate of $22.00 and a low estimate of $12.00. A 9.25% drop is evident in the current average compared to the previous average price target of $18.05. Deciphering Analyst Ratings: An In-Depth Analysis In examining recent analyst actions, we gain insights into how financial expert - benzinga | 21:01 Fri link | |
| LVS US | Opinions on Las Vegas Sands stock Las Vegas Sands stock is down 26% from 1 year ago. Many other casino stocks are hurting from 1 year ago also. Caesars entertainment is down 15% from 1 year ago. Century Casinos, Inc. is down 57% from 1 year ago. Some gambling stocks however are doing great: Draftkings is up from 1 year ago among other gambling stocks. How does everyone on this sub view LVS stock or others that are down over 10% from 1 year ago? Should we be placing trailing stop orders to buy if they dip another 5%? What is it with many casino stocks hurting recently? submitted by /u/Legend27893 [link] [comments] - reddit | 20:51 Fri link | |
| AAPL US | Should You Buy Apple Stock Before Earnings? Investors will pay close attention to Apple's iPhone sales when it reports quarterly earnings results. - fool | 20:49 Fri link | |
| MSFT US | ETFs to Buy as Cloud, AI Power Microsoft's Q3 Earnings The world's largest software maker — Microsoft (NASDAQ: MSFT ) — reported strong third-quarter fiscal 2024 results, beating earnings and revenue estimates. driven by strong demand for cloud and artificial intelligence offerings. Buoyed by robust results, shares of MSFT jumped as much as 5% in after-market hours. Investors could tap the opportune moment in this software leader through ETFs having double-digit exposure to Microsoft. These are Select Sector SPDR Technology ETF (ARCA:XLK), MSCI Information Technology Index ETF (ARCA:FTEC), iShares Global Tech ETF (ARCA:IXN), Vanguard Information Technology ETF (ARCA:VGT) and iShares Dow Jones US Technology ETF (ARCA:IYW). Earnings in Focus Earnings per share came in at $2.94, beating the Zacks Consensus Estimate of $2.81 and were 20% higher than the year-ago earnings. Revenues grew 17% year over year to $61.9 billion, edging past the consensus estimate of $60.63 billion. Intelligent Cloud revenues jumped 21% - benzinga | 20:34 Fri link | |
| CL US | Colgate Stock Up on Q1 Earnings & Sales Beat, Raised View Colgate-Palmolive Company (NYSE: CL ) has reported first-quarter 2024 results, wherein the top and bottom lines beat the Zacks Consensus Estimate and improved year over year. Results have benefited from strong top-line growth, improved organic volume performance, and gross and operating profit margin expansions. Notably, the company delivered double-digit growth in operating profit, net income and earnings per share for the third consecutive quarter. On a Base Business basis (non-GAAP basis), earnings were 86 cents per share, up 18% from the prior-year period. The bottom line surpassed the Zacks Consensus Estimate of 82 cents. Net sales of $5,065 million increased 6.2% from the year-ago quarter and beat the Zacks Consensus Estimate of $4,951 million. On an organic basis, the company's sales advanced 9.8%. The sales momentum was mainly driven by organic sales growth in each of the six divisions and across all four categories. The rise was also aided by mid-teen growth in oral care - benzinga | 20:33 Fri link | |
| GBTC US | Bitcoin, Ethereum, Dogecoin On Shaky Ground, Crypto Veteran Sees 'Bitcoin Still Stuck In Range' Cryptocurrency markets are trading down on Friday, alongside a drop in total short crypto liquidations to the lowest levels since February 2024. One week after the Bitcoin Halving , exchange net flows for Bitcoin witnessed a major drop of 227% to $114 million. What Happened: Crypto markets experienced a shaky Friday late evening, with Bitcoin (CRYPTO: BTC ), Ethereum (CRYPTO: ETH ), and Dogecoin (CRYPTO: DOGE ) trading in the red. Global concerns, such as the Japanese yen’s tumble to a fresh 34-year low against the U.S. dollar, weighed on the stock and crypto markets. Prices as of 4 p.m. Eastern Time: Cryptocurrency Gains +/- Price Bitcoin (CRYPTO: BTC ) -1.4% $63,876.32 Ethereum (CRYPTO: ETH ) -1.1% $3,139.89 Dogecoin (CRYPTO: DOGE ) -2.2% $0.1497 A development on the Asian market will see Chinese investors with a Hong Kong residence permit allowed to buy shares in the Hong Kong ETFs. - benzinga | 20:32 Fri link | |
| XOM US | Exxon's profits are falling, but CEO Darren Woods' compensation rose last yearhere's how the oil giant rewards its top exec Exxons so-so first quarter came on the heels of record profits in 2022. - fortune | 20:29 Fri link | |
| HTZ US | Hertz Faces Tough Road Ahead: High Fleet Costs, Liquidity Concerns Trigger Downgrades Hertz Global Holdings, Inc (NASDAQ: HRZ ) reported first-quarter FY24 sales growth of 1.6% year-on-year to $2.08 billion. Adjusted EPS of $(1.28) missed the analyst consensus estimate of $(0.44) . The following are the reactions of various analysts regarding the company's first-quarter earnings. Goldman Sachs – Reiterate Sell, slash price target from $7 to $4 Analyst Lizzie Dove noted that Hertz’s 1Q EBITDA miss has heightened investor concerns, particularly regarding HTZ's First Lien Covenant and its minimum liquidity requirement, which are now increasingly in focus. Though management expects to refresh the fleet over the next year, the analyst believes cash flow management around the fleet will be the key lever for the company to comply with its covenant requirement. The analyst's model expects trends to get worse before they get better, with $400 million free cash flow burn in FY24 and does not see a clear catalyst path over the next 12 mon - benzinga | 20:23 Fri link | |
| LDOS US | Leidos Holdings, Inc. Declares Quarterly Cash Dividend RESTON, Va., April 26, 2024 /PRNewswire/ -- Leidos Holdings, Inc. (NYSE:LDOS) today announced that its Board of Directors has declared a quarterly cash dividend of $0.38 per outstanding share of common stock of Leidos Holdings, Inc. The cash dividend is payable on June 28, 2024, to... - prnewswire:443 | 20:15 Fri link |