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Apple needs a better long-term growth plan. Investing in AI may be necessary, but itâs also too risky to go full steam ahead. Click to read...
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Uber (UBER), Lyft (LYFT), Twilio (TWLO), and Shopify (SHOP) are the latest companies to report earnings after the bell on Tuesday and before Wednesday's market open. The US Department of Justice (DOJ) is looking into supposed securities and wire fraud as part of its probe into Tesla's (TSLA) Autopilot capabilities and full-self driving functions, according to a Reuters report. Reddit (RDDT) shares continue to surge in Wednesday's pre-market session after topping first-quarter earnings estimates and reporting a spike in daily active users. For more expert insight and the latest market action, click here to watch this full episode of Morning Brief. This post was written by Luke Carberry Mogan...
Continue ReadingToyota Motor reported fiscal fourth-quarter results on Wednesday which also means it gave investors a look into its 2025 fiscal year. Operating profit is set to fall 20% in the coming year as the company invests more in battery electric vehicles and artificial intelligence to keep up with its automotive peers. For the fiscal fourth quarter ended in March, Toyota earned about ¥1.1 trillion, or $7.1 billion, up from the $4 billion earned in the same quarter of fiscal year 2023...
Continue ReadingQ3 2024 Intapp Inc Earnings Call...
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The pair are extremely reliable dividend payers, dispensing their payouts every quarter...
Continue ReadingInternational Business Machines Corp (NYSE:IBM) recently announced a dividend of $1.67 per share, payable on 2024-06-10, with the ex-dividend date set for 2024-05-09. As investors look forward to this upcoming payment, the spotlight also shines on the company's dividend history, yield, and growth rates. Using the data from GuruFocus, let's look into International Business Machines Corp's dividend performance and assess its sustainability...
Continue ReadingTikTok lawsuit to pit free speech against national security, Rivian keeps production outlook despite disappointing quarter, and other news to start your day...
Continue ReadingHong Kong's Court of Appeal on Wednesday granted an application by the government to ban a protest anthem called "Glory to Hong Kong", overturning a lower court judgment that had rejected such a ban because of its possible "chilling effects" on free speech. The ruling comes amid what critics say is an erosion in Hong Kong's rule of law and individual rights amid a sweeping national security crackdown by Beijing that has jailed scores of opposition democrats and shut down liberal media outlets. Court of Appeal judges Jeremy Poon, Carlye Chu and Anthea Pang wrote that the composer of the protest song had intended it to be used as a weapon...
Continue ReadingTesla stock fell 3.8% on Tuesday and is extending losses Wednesday. It’s being pressured by a number of things...
Continue ReadingTesla may be feeling more heat from an old rival in the coming years. Toyota the Japanese car company that pioneered hybrid electric vehicles with its Prius model, said Wednesday that it will invest heavily in battery-electric vehicles, artificial intelligence, and hydrogen-fuel technology. Tesla which made all-electric cars famous, has been going through a rough patch as it faces down Chinese firms such as BYD that offer cheaper all-battery cars...
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