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GM Unveils Plans For Autonomous Driving Unit Cruise Relaunch After Hiatus, Expects $1.7B In Expenses

Detroit-based automaker General Motors on Tuesday detailed its plans for the relaunch of its autonomous driving unit Cruise, months after it paused operations owing to the involvement of one of its robotaxis in an accident in San Francisco. read more.....»»

Category: blogSource: benzingaApr 25th, 2024

Boeing Isn"t Junk Status — Yet: Moody"s Outlook On Aircraft Maker Goes Negative

Boeing is still considered "investment-grade," but a lower rating would mean that it's a "speculative" play — "junk" status. read more.....»»

Category: blogSource: benzingaApr 24th, 2024

Boeing Dumps After Moody"s Downgrade To One Notch Above "Junk"

Boeing Dumps After Moody's Downgrade To One Notch Above 'Junk' Update (1420ET): Moody’s Ratings downgraded Boeing’s credit rating to Baa3 from Baa2 - just on.....»»

Category: dealsSource: nytApr 24th, 2024

IBM"s Moment Of Truth As Earnings Expected To Impress With Strong AI Influence, Analyst Says

IBM (NYSE:IBM) reports Q1 earnings on April 24, with EPS of $1.59 and $14.6B in revenues expected. Stock up 45% in past year. BofA analyst maintains Buy rating and $220 price target. Latest Rati.....»»

Category: blogSource: benzingaApr 23rd, 2024

Incyte Should Consider Significant Stock Buyback And Prioritize R&D, Analyst Recommends

Incyte acquires Escient Pharmaceuticals for $750 million, bolstering its pipeline. Cantor Fitzgerald initiates coverage with a Neutral rating, citing undervaluation concerns despite strong cash flow. Latest Ratings for INCY DateFirmActio.....»»

Category: blogSource: benzingaApr 23rd, 2024

Xerox Loses Steam In Q1, Stock Dips

Xerox reported disappointing fiscal Q1 results with a 12.4% decline in sales. Adjusted EPS also missed expectations. Company expects steady revenue and free cash flow in FY24. read more.....»»

Category: blogSource: benzingaApr 23rd, 2024

"A rip the band-aid off quarter": Here"s what Wall Street expects from Tesla earnings amid an epic stock skid

Tesla is facing uncertainty as it pivots away from low-cost vehicles towards autonomous driving and rototaxis. A Tesla Model 3.John Keeble/Getty ImagesTesla is set to report first-quarter earnings results after the market close on Tuesday.The earnin.....»»

Category: worldSource: nytApr 23rd, 2024

The best foldable phones in 2024

The best foldable phones offer outstanding functionality, performance, and battery life to justify their expensive price tags. When you buy through our links, Bus.....»»

Category: personnelSource: nytApr 22nd, 2024

LiveOne (Nasdaq: LVO) Anticipates Certain Record Q4 and FY24 Results

- FY24: Expects $118.5M revenue, $14.4M Adjusted EBITDA*.....»»

Category: earningsSource: benzingaApr 22nd, 2024

Update: LiveOne (Nasdaq: LVO) Anticipates Record Q4 and FY24 Results

- FY24: Expects $118.5M revenue, $14.4M Adjusted EBITDA*.....»»

Category: earningsSource: benzingaApr 22nd, 2024

Truist Financial Reports Mixed Q1 Earnings, Expects Further Decline In Annual Revenues

Truist Financial Corporation (NYSE:TFC) reported first-quarter adjusted EPS of 90 cents, beating the consensus of 80 cents, down.....»»

Category: earningsSource: benzingaApr 22nd, 2024

Q&A: Maureena Shepherd, Maureena Shepherd & Associates, Allen Tate, Outstanding Women in Business 2024

This 2024 Triad Business Journal Outstanding Women In Business honoree almost embarked on career in aviation......»»

Category: topSource: bizjournalsApr 22nd, 2024

Microsoft Analyst Says Q3 Print From "Favorite AI Superstar" May Boost Bullish Outlook, Sees Azure Raking In Whopping $76B Annual Revenue

Piper Sandler analyst Brent Bracelin maintained an Overweight rating and a $455 price target for the stock. .....»»

Category: blogSource: benzingaApr 22nd, 2024

Debt Matters: Why It"s Time To Position Into Countries With Low Outstanding Debt

Debt Matters: Why It's Time To Position Into Countries With Low Outstanding Debt Authored by Robert Burro.....»»

Category: worldSource: nytApr 21st, 2024

FEDERAL HOME LOAN BANK OF BOSTON ANNOUNCES 2024 FIRST QUARTER RESULTS, DECLARES DIVIDEND

BOSTON, April 19, 2024 /PRNewswire/ -- The Federal Home Loan Bank of Boston announced its preliminary, unaudited first quarter financial results for 2024, reporting net income of $77.8 million for the quarter. The Bank expects to file its quarterly rep.....»»

Category: earningsSource: benzingaApr 20th, 2024

Crypto Analyst Ali Martinez Expects "Another Impressive Rebound" For This Altcoin

Cardano (CRYPTO: ADA) has been trading sideways over the past month, but analysts remain optimistic. read more.....»»

Category: blogSource: benzingaApr 19th, 2024

Netflix, Procter & Gamble And 3 Stocks To Watch Heading Into Friday

With U.S. stock futures trading lower this morning on Friday, some of the stocks that may grab investor focus today are as follows: Wall Street expects The Procter & Gamble Company (NYSE:PG) to report quarterly earnings at $1.41 per share on revenue.....»»

Category: worldSource: nytApr 19th, 2024

Two Tampa restaurants win Michelin stars for the first time

For the third year in a row, not a single Florida restaurant received three stars, the guide's highest rating......»»

Category: topSource: bizjournalsApr 18th, 2024

Trump Media Vs. Reddit — Analyzing The Showdown Of Social Media Giants

Analyst sentiment leans cautiously towards Trump Media; Reddit garners optimism, boasting a consensus Buy rating with a 23.55% upside potential. read more.....»»

Category: blogSource: benzingaApr 18th, 2024

Discover Financial Faces Concerns Over Remediation Reserve, Analysts Caution Despite Q1 Sales Growth

Discover Financial Services faces scrutiny over remediation reserves as analysts express caution despite strong Q1 revenue growth. Latest Rating.....»»

Category: blogSource: benzingaApr 18th, 2024