Paramount Global shares fall over 28% after weak earnings report, dividend cut
Paramount Global shares plummet as company cuts dividend and earnings miss estimates.
Carl’s Jr. and Hardee’s to roll out A.I. drive-thru ordering nationwide
CKE Restaurants, the parent company of Carl’s Jr. and Hardee’s, is working to bring automated drive-thru ordering to its restaurants nationwide.
Shopify offloads logistics business to Flexport
The sale marks a reversal for Shopify, which had spent years building out its own logistics and order fulfillment operations.
Moderna posts surprise quarterly profit despite waning demand for Covid vaccines
Moderna maintained its full-year guidance of around $5 billion in revenue from its Covid vaccine, its only marketable product.
This building materials stock has pricing power and can jump 40%, Goldman Sachs says
The firm upgraded this concrete maker to buy after the firm’s strong first-quarter results.
Citi upgrades this financial giant, sees sharp gains ahead after banking crisis
Analyst Andrew Coombs upgraded Deutsche Bank to buy/high risk from neutral/high risk.
Slack’s getting an A.I. chatbot that can summarize messages, take notes and more
Slack plans to offer chatbot tech in a new way: in-app tools that allow users to shorten and adjust message tone, summarize missed messages and more.
Microsoft opens up Bing access and adds chat history and export features
The new version of Bing has yet to gain search advertising market share, but Microsoft has limited its availability. Now that’s changing.
FDA commissioner praises Eli Lilly Alzheimer’s treatment results
Donanemab slowed the decline in memory, in thinking and in the ability to conduct daily activities by 35%, according to Lilly’s data.
This under-the-radar server tech stock will rally on ‘this AI moment,’ Loop Capital says
The Wall Street firm hiked its price target after Super Micro Computer issued rosy guidance in its latest results.
