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Category: Business

Restaurant Brands International beats revenue expectations in Q2 with strong Tim Hortons sales

From CNBC: 2024-08-08 07:38:51 Restaurant Brands International surpassed analysts’ revenue expectations in the second quarter, driven by strong sales at

August 8, 2024

Apple's Q3 earnings report shows positive growth expectations, but shares are considered overvalued.

From Morningstar: 2024-08-08 06:37:00 Apple released its fiscal third-quarter earnings report on August 1, 2024, with a fair value estimate

August 8, 2024

Intel's missed opportunity with OpenAI benefits NVIDIA in growing AI market

From Google: 2024-08-08 06:29:06 Intel’s failure to recognize OpenAI’s capabilities and the growing trend of AI led them to miss

August 8, 2024

UK equity funds continue to see outflows, while global large-cap equity strategies experience inflows.

From Morningstar: 2024-08-08 04:50:00 In the second quarter of 2024, UK-domiciled strategies saw continued outflows despite overall stock market strength.

August 8, 2024

Tech stocks are expensive, underweight suggested, favor communication services and defensive stocks

From Morningstar: 2024-08-08 05:19:00 Nicolo Bragazza, Associate Portfolio Manager at Morningstar Investment Management, explains the three causes of the recent

August 8, 2024

Novo Nordisk met Q2 expectations with strong revenue growth, but faces challenges post-2032 patent expiration

From Morningstar: 2024-08-08 04:33:00 Novo Nordisk’s second-quarter results met expectations, maintaining a DKK600/USD86 fair value estimate. Revenue grew 25% at

August 8, 2024

Potential trouble ahead for stocks as selloff in junk bonds prompts recession fears

From Investing.com: 2024-08-08 02:36:00 Long bonds were predicted to be a major trade due to high yields falling and potential

August 8, 2024

Summary: Indian-origin man critiques Open AI's work culture as fast-paced and high energy.

From Google: 2024-08-08 01:15:47 An Indian-origin man provides a review of Open AI’s work culture, calling it “manic pace” after

August 8, 2024

OpenAI creates new AI tool for accurate content watermarking, revolutionizing content protection

From Google: 2024-08-07 20:51:17 OpenAI has created a powerful new AI tool that can accurately watermark content to prevent piracy.

August 7, 2024

Intel declined 15% ownership of OpenAI, potentially impacting its position in the AI market.

From Google: 2024-08-07 18:17:20 Intel, facing tough competition from AI rivals, declined a chance to acquire 15% of OpenAI. This

August 7, 2024

Warner Bros. Discovery stock drops after $9.1 billion write-down on TV networks and missed revenue estimates

From CNBC: 2024-08-07 17:56:56 Warner Bros. Discovery stock drops after $9.1 billion write-down on TV networks and missed revenue estimates.

August 7, 2024

Inflation and grocery prices become major political focus due to price hikes on popular items

From CNBC: 2024-08-07 15:44:33 Amid fears of surge pricing and high inflation, Big Mac meals and grocery prices have become

August 7, 2024

Retail fraud called 'wardrobing' increases in the summer due to higher return rates, impacting retailers.

From CNBC: 2024-08-07 15:40:05 Retail fraud known as “wardrobing” surges in the summer as shoppers buy expensive items, wear them

August 7, 2024

Generative AI losing top spot is a positive change for growth and innovation.

From Google: 2024-08-07 13:09:20 Generative AI is losing its top spot, signaling a shift. The transition may be tough, but

August 7, 2024

Disney's media business is thriving with profitable streaming services and successful movie releases

From CNBC: 2024-08-07 12:32:18 – Disney’s media business is no longer dragging the company down, with streaming services turning a

August 7, 2024

H2O AM settles with FCA, agrees to compensate fund holders, waive fees, and exit UK.

From Morningstar: 2024-08-07 12:02:00 H2O AM settles with the FCA, ending investigation into its ties with Tennor Holdings, agreeing to

August 7, 2024

AI is revolutionizing biopharmaceutical industry by accelerating drug discovery and improving efficiency

From Nvidia: 2024-08-07 09:00:20 Techbio, combining data, technology, and biology, is transforming the biopharmaceutical industry with the help of AI.

August 7, 2024

Madison Reed partners with UConn basketball players in a multimillion-dollar deal for hair sponsorship

From CNBC: 2024-08-07 09:00:01 Paige Bueckers, a star basketball player at the University of Connecticut, has partnered with beauty brand

August 7, 2024

NVIDIA boosts STEM education with AI and RTX technologies, partnering with universities and schools.

From NVIDIA: 2024-08-07 09:00:00 NVIDIA GPUs are accelerating industries, creating demand for STEM grads proficient in AI. Millions of students

August 7, 2024

Market sell-off attributed to AI investments and interest rate shifts, investors advised to stay calm.

From Morningstar: 2024-08-07 08:09:00 Christopher Johnson and Mike Coop discuss the recent market sell-off, attributing it to volatility in AI-themed

August 7, 2024

Uber's second-quarter earnings outperformed expectations with improved profitability and growth in gross bookings

From Morningstar: 2024-08-07 07:34:00 Uber’s fair value estimate remains at $80 per share despite tough macro environment. Second-quarter earnings outperformed

August 7, 2024

Indian-origin man praises OpenAI team's dedication and work ethic, impressed by intense pace

From Google News: 2024-08-07 07:25:11 An Indian-origin man shares his experience after one month at OpenAI, praising the team’s dedication

August 7, 2024

Tech stocks including Nvidia and Tesla have dropped, market downturn, some undervalued opportunities.

From Morningstar: 2024-08-07 06:34:00 The “Magnificent Seven” tech stocks led by Nvidia and Tesla have seen a significant selloff, with

August 7, 2024

Novo Nordisk's Q2 earnings fell short of expectations, but sales growth forecast was raised

From Morningstar: 2024-08-07 05:46:00 Novo Nordisk’s second-quarter net profit of 20.05 billion DKK fell short of forecasts, leading to a

August 7, 2024

OpenAI releases updated ChatGPT app for Mac with new features for multitasking

From Google: 2024-08-07 01:29:01 OpenAI has launched an updated ChatGPT app for Mac, aiming to make multitasking easier for users.

August 7, 2024

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