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IBM Study: AI Spending Expected to Surge 52% Beyond IT Budgets as Retail Brands Embrace Enterprise-Wide Innovation
The report found that 81% of surveyed executives and 96% of their teams are already using AI to a moderate or significant extent Executives indicate they want to expand into more sophisticated AI use cases, such as integrated business planning where they plan to increase usage by 82% in 2025...PR Newswire
Tue, Jan 7
Why Is Walgreens' Dividend Yield So High?
Walgreens (NASDAQ: WBA) is one of America's most recognizable drugstore brands. Up until this year, it has been a very dependable dividend-paying stock that increased its payout for investors annually for nearly 50 years, which would have distinguished it as a Dividend King. It is a primarily brick-...The Motley Fool
Tue, Jan 7
Mesa Air to sell 18 Embraer jets to United Airlines
Jan 7 (Reuters) - Mesa Air Group MESA.O will sell 18 Embraer EMBR3.SA aircraft to United Airlines UAL.O for about $229.1 million and use the proceeds to cut debt, the regional airline operator said on Tuesday.Shares of Mesa, the parent company of Mesa Airlines, rose more than 10% before the bell.Mos...Reuters
Tue, Jan 7
The Smartest Dividend Stock ETF to Buy With $2,000 Right Now
If you have a couple thousand dollars to invest and want a set-it-and-forget-it dividend investment, there are some excellent choices in the market. Most investors who want dividend exchange-traded funds (ETFs) look for higher-yielding ETFs, which can certainly be a valid way to go, especially if yo...The Motley Fool
Tue, Jan 7
Here's How the Latest Fed Decision Could Affect Crypto Prices in 2025
You might think that decentralized cryptocurrencies would be unaffected by the decisions of central banks, but the reality is quite different. As crypto becomes increasingly integrated into global financial markets, its price movements are proving to be heavily influenced by policies set by the Fede...The Motley Fool
Tue, Jan 7
BUZZ-UniFirst jumps on report Cintas makes $5.1 bln takeover offer
** Shares of UniFirst UNF.N up ~39% at $235.80 premarket ** Uniform rental firm Cintas CTAS.O makes $5.1 bln takeover offer for the provider of workplace uniforms and protective work gear, the Wall Street Journal reports** CTAS proposed acquiring all of UNF's outstanding common and Class B shares fo...Reuters
Tue, Jan 7
Aurora shares jump after deal with Nvidia, Continental to deploy self-driving trucks
By Akash Sriram and Jaspreet Singh Jan 7 (Reuters) - Aurora Innovation's AUR.O shares rose 38% in premarket trading on Tuesday after the self-driving technology developer announced a long-term deal with Nvidia and Germany's Continental to deploy self-driving trucks.Uber UBER.N-backed Aurora's sto...Reuters
Tue, Jan 7
BUZZ-Bank of America upgraded to 'buy' rating by HSBC, UBS
** HSBC and UBS upgrade their rating on shares of second-largest U.S. lender Bank of America BAC.N to "buy" ** HSBC raises PT to $50 from $45, a 10.1% upside to stock's last close; UBS raises PT to $53 from $43, a 16.7% upside to stock's last close ** UBS says BAC trades at a wide discount to peers ...Reuters
Tue, Jan 7
BREAKINGVIEWS-Big Booze speeds towards low-growth tobacco status
The author is a Reuters Breakingviews columnist. The opinions expressed are her own.By Aimee Donnellan COPENHAGEN, Jan 7 (Reuters Breakingviews) - Alcohol giants have a hazy future. Late last week, the U.S. surgeon general said beer and spirits cause cancer and should carry health warnings. The ...Reuters
Tue, Jan 7
LIVE MARKETS-High equity valuations no impediment to further gains - UBS
STOXX 600 up 0.4%Retailers lead, utilities lagWall St futures edge up Welcome to the home for real-time coverage of markets brought to you by Reuters reporters. You can share your thoughts with us at markets.research@thomsonreuters.comHIGH EQUITY VALUATIONS NO IMPEDIMENT TO FURTHER GAINS - UBSThere ...Reuters
Tue, Jan 7
BUZZ-Immuneering soars on positive trial data for pancreatic cancer therapy
** Shares of therapy developer Immuneering IMRX.O rise 101.7% to $4.76 premarket** Co says its therapy, IMM-1-104, showed an overall response rate of 43% in combination with gemcitabine during a mid-stage trial for patients with pancreatic cancer ** IMRX will expand the trial to include three combin...Reuters
Tue, Jan 7
BUZZ-Hims & Hers rises after BTIG starts coverage with 'buy' rating
** Telehealth firm Hims & Hers Health's HIMS.N shares rise 1.23% to $27.23 premarket** Brokerage BTIG starts coverage with buy rating, PT $35** Says co is "disrupting healthcare with tech and convenience"** Unlike pure tele-health platforms that rely on remote visits, HIMS offers access to medicatio...Reuters
Tue, Jan 7
BUZZ-Denali Therapeutics falls after ALS drug fails in mid-to-late stage trial
** Shares of drug developer Denali Therapeutics DNLI.O fall 6.7% to $18.50 premarket ** Co late on Monday said its experimental ALS drug failed to meet the main goal of a mid-to-late stage study** Amyotrophic lateral sclerosis (ALS) is a fatal neurodegenerative disease ** Co said the drug, DNL3...Reuters
Tue, Jan 7
BUZZ-Apple dips as MoffettNathanson downgrades to 'sell' in contrarian view
** Shares of Apple AAPL.O fall 1% to $242.67 premarket** MoffettNathanson downgrades stock to "sell" from "neutral", trims PT to $188 from $202, and says market is "overly dismissive" of the risks to the stock** Analyst Craig Moffett says Apple's success in AI is already fully priced in** Other risk...Reuters
Tue, Jan 7
How Much Is the Required Minimum Distribution (RMD) If You Have $100,000 in Your Retirement Account?
A major selling point for retirement accounts like 401(k)s and traditional IRAs is that contributions are made pre-tax, reducing taxable income for the year. (Certain qualifications must be met for this to apply to a traditional IRA.)The one downside is that although you can skip taxes on the front ...The Motley Fool
Tue, Jan 7
CANADA STOCKS-TSX futures gain on higher commodity prices, but political uncertainty looms
Jan 7 (Reuters) - Futures for Canada's main stock index edged up on low volumes on Tuesday, helped by higher commodity prices, while investors weighed the impact of a potential shift in political power after Prime Minister Justin Trudeau announced his plan to resign. March futures on the S&P/...Reuters
Tue, Jan 7
BUZZ-Mesa Air gains on deals to sell 18 Embraer planes, 15 CRJ-900 airframes
** Shares of Mesa Air Group MESA.O up 5.7% at $1.33 in premarket trading** MESA to sell 18 Embraer ERJ 175 aircraft to United Airlines UAL.O for gross proceeds of $229.1 million** Will also sell 15 used CRJ-900 airframes to a third party for $19 million** Airline operator to use proceeds to pare deb...Reuters
Tue, Jan 7
US STOCKS-Futures flat ahead of economic data, investors keep an eye on Trump's plans
For a Reuters live blog on U.S., UK and European stock markets, click LIVE/ or type LIVE/ in a news window.Nov. JOLTS data to be released at 10 a.m. ETMicron to provide memory for Nvidia's gaming chips, shares upApple slips after brokerage downgradeFutures: Dow up 0.09%, S&P 500 up 0.08%, Nasdaq off...Reuters
Tue, Jan 7
Mega Matrix Inc. Attended China-UAE Industry and Investment Cooperation Conference to Further Deepen Middle East Short Drama Strategy
SINGAPORE, Jan. 7, 2025 /PRNewswire/ -- Mega Matrix Inc. (NYSE American: MPU) announced that it attended the China (Shanghai)-UAE Industry and Investment Cooperation Conference, themed "Exploring Overseas Markets, Building a Prosperous Future Together," which was grandly held in Shang...PR Newswire
Tue, Jan 7
