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2023-06-09 07:36:00 ET Summary Healthcare companies are beginning to explore how artificial intelligence might unlock efficiencies for patients and medical systems. Companies that put cash to work by investing in innovation are signaling efforts to secure consistent long-term prof...
2023-06-09 02:11:45 ET In a time when many investors talk about the next US recession, the stock market ignores all the traditional warnings and keeps marching higher. For example, the S&P 500 index is up over +11% YTD, a spectacular performance given all the recessionary fe...
2023-06-09 01:00:00 ET Summary The direct Non-US and International investments are between 10% and 12% of clients' total holdings. If the dollar does break down further here, it’s likely the weight will be raised. Schwab is the big drag on returns YTD, and the S&P 5...
2023-06-08 23:10:34 ET Summary Dan Loeb's Third Point increased its 13F portfolio value to $6.11B in Q1 2023, with top three holdings accounting for around 41% of the entire portfolio. New stakes were established in Alphabet Inc., HCA Healthcare, Salesforce, and Alibaba Group Hold...
2023-06-08 15:12:01 ET Summary Wendy's is expected to see revenue growth due to price increases, digital platform expansion, and a focus on breakfast and late-night sales. The company is poised to benefit from margin growth through price increases, moderating inflationary pressure...
2023-06-08 11:24:37 ET Google ( NASDAQ: GOOG ) ( NASDAQ: GOOGL ) is rolling out its News Showcase product within weeks, a launch that comes after a number of delays and contentious regulatory battles around the world. "Later this summer, we will launch News Showcase in t...
2023-06-08 11:19:16 ET Summary Despite zero growth on Google's core advertising segment, the introduction of advanced AI capabilities like PaLM 2 has the potential to revolutionize the search experience and attract more advertisers. While Google's cloud segment holds growth potent...
2023-06-08 11:11:00 ET Update 11:10am : Updates shares, adds background. Memory company Netlist ( OTCQB:NLST ) dipped 4% on Thursday as a trial was instituted in a patent dispute with Micron ( NASDAQ: MU ) on Wednesday. The Patent Trial and Appeal Board said ...
2023-06-08 10:42:29 ET Summary Google Cloud has introduced "Google Cloud Consulting" to further complement the go-to-market strategy for its growing slate of generative AI solutions. This marks Google's latest development in the heated AI arms race among hyperscale cloud providers...
2023-06-08 09:55:00 ET Shares of search and cloud giant Alphabet (NASDAQ: GOOG) (NASDAQ: GOOGL) rose 14.5% in May, according to data from S&P Global Market Intelligence . The Google parent unveiled many new technologies during its I/O conference early in the month. A...
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