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Federal regulators have given Amazon key permission that will allow it to expand its drone delivery program, the company announced Thursday. In a blog post published on its website, Seattle-based Amazon said that the Federal Aviation Administration has given its Prime Air delivery service the OK to operate drones “beyond visual line of sight,” removing a barrier that has prevented its drones from traveling longer distances. With the approval, Amazon pilots can now operate drones remotely without seeing it with their own eyes...
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HEARD ON THE STREET Turns out, a more profitable Salesforce isn’t that exciting when growth is grinding to a halt. Especially when investors have a culprit like artificial intelligence to blame. The cloud software company isn’t yet in no-growth territory...
Continue ReadingTesla and its Chief Executive Elon Musk each fired their own salvos at institutional investors apparently reluctant to give the nod to a disputed $58 billion compensation package for the head of the electric-vehicle giant. Musk himself said one key Tesla stock investor had "no honor." Tesla wrote a detailed letter to shareholders on Wednesday, responding to a report by proxy advisory firm Glass Lewis on Musk's 2018 pay package, which remains under dispute six years after it was originally agreed on...
Continue ReadingHarding Loevner, an asset management company, released its “Global Equity Strategy” first-quarter 2024 investor letter. A copy of the letter can be downloaded here. The fund generated a 6.9% gross of fee return in the first quarter compared to an 8.3% gain for the MSCI All Country World. Despite rising bond yields, the stock market […]...
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Stock Market Today: The Dow Jones Industrial Average dropped 375 points Thursday after jobless claims and GDP. Salesforce plunged 20% on earnings...
Continue ReadingIt may not grow exponentially, but the company is on the right track to rewarding investors...
Continue ReadingComcast's NBCUniversal is close to securing the NBA rights it lost in 2002, potentially tripling the fees charged by WBD. Read more on CMCSA stock here...
Continue ReadingGrowth-oriented ETFs continue to crush the major indices...
Continue ReadingApple Expected to Accelerate Growth on Strength of Investment in AI, Tigress Financial Partners Says
Apple Expected to Accelerate Growth on Strength of Investment in AI, Tigress Financial Partners Says...
Continue ReadingThese investment ideas should help you grow your portfolio with minimal effort...
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