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Archive: 2025-03-10 (312) - Page 2/7 (50)

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Nvidia, Tesla Stocks Slip as 'Magnificent 7' Names Lead Markets Lower

The "Magnificent Seven" stocks experienced significant declines on Monday as investors took risk off the table amid concerns about inflation and economic uncertainty. Shares of Nvidia and Tesla dropped more than 2% before the market open, while Alphabet, Amazon, Meta, Apple, and Microsoft saw smaller losses. The tech-heavy Nasdaq Composite entered correction territory last week, and the S&P 500 fell 6% from its record high reached on February 19.

Garmin Owners Were Confused About 13.35 Software Update for Fenix 8, Here's What Actually Happened

Garmin's recent 13.35 software update for its Fenix 8 and other watch models caused confusion among users who mistook it for a beta release due to a lack of clear communication from the company. Despite initial concerns, Garmin confirmed that the update is a stable public release that includes several bug fixes and improvements. This incident highlights ongoing anxieties among Garmin users regarding the company's software support and communication practices.

Lenovo's Yoga Slim 9i Redefines Ultrabook Elegance with OLED Display

This sleek ultrabook boasts a stunning OLED screen, comfortable keyboard, and quiet cooling fan, but its battery life is mediocre and port selection is limited. The laptop's glass-inspired design and innovative webcam make it a standout in the market. Its luxurious feel and aesthetic appeal may justify a premium price tag.

Best Stock to Buy Right Now: Walmart Vs. Amazon

Walmart and Amazon continue to dominate the retail landscape, each with distinct strategies that appeal to investors. Walmart's emphasis on low prices and technological investment has resulted in solid sales growth, while Amazon diversifies its revenue streams through various services beyond retail. As both companies evolve, the question remains as to which one offers a better long-term investment potential based on their current performance and valuations.

Sunshine Biopharma Acquires Rights to Launch Two Gastrointestinal Drugs in the Canadian $200 Million

Sunshine Biopharma Inc. has announced the acquisition of rights to two gastrointestinal drugs, including Prucalopride, a generic version of Resotran, which is indicated for the treatment of chronic idiopathic constipation in adult women. The company's plan to launch these drugs positions it well to capitalize on the growing demand in the chronic idiopathic constipation market, expected to grow at a Compound Annual Growth Rate (CAGR) of 4.64% from 2024 to 2034. By expanding its portfolio of life-saving medicines, Sunshine Biopharma aims to solidify its position as a leading player in Canada's pharmaceutical industry.

Monster Hunter Wilds Benchmark - Demanding Action Role-Playing Game Hit Needs a dGPU

The Monster Hunter Wilds Benchmark reveals that the game has high hardware demands, with even powerful integrated graphics cards struggling to maintain smooth performance. Testing across various resolutions and settings indicates that a mid-range graphics card is necessary for optimal gameplay, especially in demanding combat scenarios. The benchmark results highlight the importance of upscaling technologies like DLSS and FSR for achieving playable frame rates on less powerful systems.

What Is Quantum Computing and How It Could Change the Tech World

Quantum computing is rapidly advancing as major technology companies like Amazon, Google, and Microsoft invest in developing their own quantum chips, promising transformative capabilities beyond classical computing. This new technology holds the potential to perform complex calculations in mere minutes that would take traditional computers thousands of years, opening doors to significant breakthroughs in fields such as material sciences, chemistry, and medicine. As quantum computing evolves, it could redefine computational limits and revolutionize industries by enabling scientists and researchers to tackle previously unattainable problems.

BYD Beating Tesla to 1000V EV System for 10-Minute Charging

BYD is set to lead the electric vehicle market with a new 1000V powertrain architecture that enables its premium models to achieve a 200-mile range in just 5 minutes of charging. In addition to the advanced technology, BYD is investing in building a robust charging infrastructure that mirrors Tesla's Supercharger network, ensuring that the necessary support is in place for fast charging capabilities. This strategic move not only positions BYD ahead of competitors like Tesla but also showcases the company's commitment to enhancing the EV charging experience.

Israel's Halt to Food and Aid Deliveries Worsens Gaza Conditions

The suspension of goods entering Gaza is taking a toll on the Palestinian enclave, with bakeries closing, food prices rising, and a cut in electricity supply that could deprive people of clean water. The U.N.'s UNRWA says most of Gaza's 2.3 million people were dependent on aid, which now threatens their lives due to dwindling supplies. The Palestinian Water Authority warns that the decision will result in environmental and health risks.

Free Game Frenzy on Steam: Scrap Collector Snagged by Dev Mistake

Scrap Collector, a new strategy card game, has been free to claim on Steam due to a developer's pricing mistake. The dev meant to charge $4.99 but accidentally set it as free, allowing players to claim the game before Valve fixes the error and restores its price. Released on March 7, Scrap Collector offers resource management, crafting, and combat in a unique blend of deck-building and exploration.

Gaming Monitors Deal Alert: Alienware QD-OLED Gaming Monitors Are Heavily Discounted Right Now

These two excellent Alienware gaming monitors are heavily discounted at Dell, offering a premium screen for less. The Alienware AW3225QF 4K gaming monitor is down to £910 (was £989.01), while the QD-OLED Alienware AW2725DF is available for just £548.29 (was £679). Both monitors offer impressive specs, including high refresh rates and response times.

Worried About DeepSeek? Well, Google Gemini Collects Even More of Your Personal Data

Google Gemini stands out as the most data-hungry service, collecting 22 of these data types, including highly sensitive data like precise location, user content, the device's contacts list, browsing history, and more. The analysis also found that 30% of the analyzed chatbots share user data with third parties, potentially leading to targeted advertising or spam calls. DeepSeek, while not the worst offender, collects only 11 unique types of data, including user input like chat history, raising concerns under GDPR rules.

The Goodyear Tire & Rubber Company (GT): A Bull Case Theory

The Goodyear Tire & Rubber Company's share has been trading at $9.79 as of March 7th, with a trailing P/E of 40.79 and forward P/E of 6.61. The company generated nearly $5 billion in revenue in Q4 2024 but delivered under $500 million in EBITDA and only $72 million in GAAP net income. Despite efficiency issues and management's skeptical views on its ability to drive long-term value, the company's financial stability provides support for a potential turnaround.

Iraq May Face Potential Power Cuts As US Sanctions Waiver Ends

Iraq may experience power cuts as the US ends its sanctions waiver for electricity purchases from Iran, allowing the country to reduce its reliance on Iranian energy sources. The expired waiver applied to direct electricity imports, and it remains uncertain if Iraq can continue importing gas from Iran to fuel its power plants. Losing this supply could result in a significant reduction in the electricity supply, posing challenges to the already struggling Iraqi power sector.

Dell Technologies Inc. (DELL): A Bull Case Theory

Dell Technologies Inc. (DELL)'s share was trading at $91.46 as of March 7th, presenting an undervalued opportunity in the current market turbulence. The company has demonstrated solid fundamentals despite facing macroeconomic headwinds and a sell-off driven by economic uncertainty and shifting investor sentiment. DELL delivered a strong fiscal 2025 performance, meeting expectations with 8% revenue growth and a solid 15% operating margin.

Stock Market Today: Dow, S&P 500, Nasdaq Futures Sink After S&P's Worst Week Since September

US stock futures are continuing their downward trend, reflecting investor anxiety about the US economy amidst ongoing trade policy uncertainties. The major indexes, including the Dow, S&P 500, and Nasdaq, have seen significant declines, with futures indicating further losses as inflation reports loom. As President Trump addresses recession concerns, the market grapples with the implications of rising tariffs and shifting economic indicators.

AOC Agon Pro AG276QSD: New Premium QHD OLED Gaming Monitor Released with 360 Hz Refresh Rate

The AOC Agon Pro AG276QSD is a significant upgrade to the company's gaming monitor lineup, featuring a modern QD-OLED panel and impressive specifications. With its 360 Hz refresh rate and up to 1,000 nits of brightness, this monitor promises exceptional performance for gaming and content creation. The inclusion of AMD FreeSync and VESA Adaptive-Sync technologies ensures smooth and tear-free visuals.

Redfin Stock Soars as Rocket Companies Acquires Firm for $1.75B

Redfin shares are surging 75% in premarket trading Monday after mortgage giant Rocket Companies announced it was buying the digital real estate brokerage in an all-stock deal valued at $1.75 billion. Shares of the Detroit-based Rocket are down 11%. Rocket said the transaction values Redfin shares at $12.50 each and "connects Redfin's nearly 50 million monthly visitors to Rocket's mortgage products." The acquisition brings together two companies with a shared goal of improving the homebuying experience, potentially leading to enhanced services for consumers.

JBL Charge 6 Outshines Bose SoundLink Max in Key Areas at $200 Less

The JBL Charge 6 offers impressive sound quality, durability, and software features, making it an excellent choice for those seeking a portable Bluetooth speaker. Its proprietary AI Sound Boost feature delivers maximum acoustics and decreases distortion, resulting in a more balanced audio experience. Additionally, the speaker's IP68 rating ensures its ability to withstand dust and water exposure, although with limitations.

Pitney Bowes Inc. (PBI): A Bull Case Theory

Pitney Bowes Inc. (PBI) has defied market trends, rallying on its February earnings announcement, driven by the benefits of activist involvement and an ambitious roadmap projecting nearly $500 million in EBITDA for 2025. Despite risks stemming from integration with the U.S. Postal Service and potential regulatory changes, management's confidence is reflected in a $150 million share repurchase program signaling undervaluation. The company's improving financials and potential for significant upside make PBI a compelling yet cautious investment.

Xiaomi 15 Ultra: Hands-On with Three AI Photo Editing Tools

The Xiaomi 15 Ultra boasts an impressive array of AI-powered features, including a comprehensive suite of tools for enhanced photography. The phone's AI-driven capabilities extend to its camera system, allowing users to edit and enhance their photos using advanced algorithms. HyperOS 2.0 brings these capabilities to the forefront, providing users with intuitive and user-friendly interface options.

New Fortress Energy Inc. (NFE): A Bull Case Theory

A bullish thesis on New Fortress Energy Inc. (NFE) emphasizes the company's strong growth potential, driven by increased production and strategic contracts in Puerto Rico, despite facing initial operational delays. The firm reported $331 million in EBITDA for the quarter, largely due to opportunistic cargo sales and the successful launch of FLNG1, which is already exceeding its capacity. NFE's recent restructuring of incentive payments and focus on securing long-term contracts positions it favorably to capitalize on the growing demand for natural gas in Puerto Rico.

Samsung’s New Budget Handsets Are Getting One UI 7 Before the Galaxy S24 Ultra

Samsung has announced that its new mid-range Galaxy A26, A36, and A56 models will launch with One UI 7, while existing Galaxy S24 users must wait for their updates until April. This decision has left many customers feeling frustrated, especially those who invested in the premium Galaxy S24 Ultra, as they expected timely updates for flagship devices. The controversy highlights ongoing challenges in software rollouts and user expectations in a competitive smartphone market.

OLED iPad Pro Is Reportedly Less Popular than Expected and that Could Mean These Changes to Ap

Demand for the OLED iPad Pro has reportedly been weak, leading to expected changes in Apple's OLED roadmap. The 2024 iPad Pro upgrade is set to be a minor one, with no significant changes to the device. The starting price of $999 may be putting potential buyers off, but it seems Apple will continue to use expensive OLED displays for the iPad Pro.

Nulo Is Number One in 2024 Pet Food Industry Sales Growth

Nulo has emerged as the leader in the pet food industry for 2024, demonstrating notable sales and unit volume growth thanks to its strategic marketing campaign, "Fuel Incredible," which featured Olympic athletes as endorsers. The brand reported a 2.1% increase in sales volume, reaching $261.8 million, alongside a significant 13.4% rise in unit volume, in a market where only two other brands showed year-over-year growth. This achievement highlights Nulo's effective marketing and product innovation amidst a generally soft pet food market.

Households Near New Pylons to Get Hundreds Off Energy Bills

The UK government plans to offer households living near new or upgraded pylons discounts of up to £2,500 over ten years to alleviate opposition to essential energy infrastructure projects. This initiative, part of the upcoming Planning and Infrastructure Bill, aims to expedite the development of clean energy sources while providing financial benefits to affected communities. Critics argue that monetary compensation cannot adequately address the aesthetic and environmental impacts of such developments, suggesting alternative investments in local amenities may be more beneficial.

Warner Bros. DVDs Are Becoming Obsolete Due to Disc Rot

If you own a Warner Bros. DVD from 2006-2008, there's a good chance the disc no longer works – but the company is doing something about it. The problem appears to be limited to DVDs and not Blu-Ray discs. In response, Warner Bros. has issued a statement and a potential resolution, offering to replace defective discs with the same title when possible.

Google Still Faces Chrome Sell-Off: A National Security Conundrum

The US Department of Justice (DOJ) continues to seek a court order for Google to sell off its popular browser, Chrome, as part of its effort to address allegations of search market monopoly. The DOJ has the backing of 38 state attorneys general in this bid, with concerns about the impact on national security and freedom of competition in the marketplace. Google has expressed concerns that such a sale would harm the American economy, but an outcome is uncertain.

Q Acoustics Launches Fleet of Custom Subwoofers for Home Entertainment

Q Acoustics' new subwoofers promise to bring extra bass to home entertainment systems, with adjustable low pass filtering and digital signal processing. The subwoofers are designed to match Q Acoustics' own speakers and can be used in existing 7.2, 5.1 or 2.1 systems. By providing more control over the subwoofer's output, users can optimize their home theater setup for improved sound quality.

SMALL CAP SERVER Solutions Provider SUPER MICRO (NASDAQ:SMCI) to Announce Q1 Earnings

Super Micro's Q1 earnings are expected to be announced tomorrow afternoon, following a slower quarter with a significant miss of analysts' operating income estimates. The company missed analysts' revenue expectations by 3.5% last quarter, reporting revenues of $5.68 billion, up 54.9% year on year. This quarter, analysts are expecting Super Micro's revenue to grow 34.6% year on year to $5.18 billion, slowing from the 200% increase it recorded in the same quarter last year.

VW's Traton Sees Tepid Truck Market in 2025, Shares Fall

A cautious sales outlook for the commercial vehicle market in 2025 amid a weak global economy sent shares of Volkswagen's truck unit Traton falling on Monday. The Scania owner's shares were down 5% at 1055 GMT, also dragging down peers Daimler Truck and Volvo. Traton forecast 2025 sales to range from -5% to +5% with an operating return on sales of between 7.5% and 8.5%, expecting a stronger truck market in the second half of 2025.

The Future of Retail Will Be Defined by Data-Driven Decision Making

Dick's Sporting Goods will report its fourth-quarter earnings tomorrow, and here’s what to expect. Dick's beat analysts' revenue expectations by 0.9% last quarter, reporting revenues of $3.06 billion, flat year on year. The company's mixed quarterly performance, with a decent beat of analysts' gross margin estimates but a slight miss of analysts' EBITDA estimates, suggests that its strategy is focusing on operational efficiency. However, the decline in revenue expectations for this quarter may indicate increased competition from e-commerce and changing consumer behavior.

5 Things to Know Before the Stock Market Opens

U.S. stock futures are indicating a downward trend following a volatile trading week, influenced by President Donald Trump's comments about potential economic recession and ongoing tariff policies. Meanwhile, Oracle's shares are dipping ahead of its anticipated earnings report, while Redfin's stock has surged due to its acquisition by Rocket Companies for $1.75 billion. Investors are also keeping an eye on the fluctuating yields of Treasury notes and the mixed performance of commodity futures, indicating a complex market environment.

JBL Releases Charge 6 Speaker Just in Time for Summer

JBL has unveiled the Charge 6 speaker, featuring significant enhancements in sound quality, portability, and battery life, set to launch on April 6 for $199. This latest model boasts 28 hours of playtime and an IP68 durability rating, though caution is advised regarding its exposure to salt and chlorinated water. With advanced features like AI Sound Boost and reverse charging capabilities, the Charge 6 positions itself as a competitive option in the Bluetooth speaker market.

Ringo & Friends at The Ryman: How to Watch the Country Music Show Online

Ringo Starr's 84th birthday bash at Nashville’s Ryman Auditorium brought together a star-studded lineup of country music legends for a two-hour singalong extravaganza that showcased Ringo's enduring love for country music. The show featured special guests Sheryl Crow, Mickey Guyton, Emmylou Harris and Jack White, among others, who performed both classic Beatles tunes and new material. With its unique blend of rock 'n' roll and country, the concert will surely delight fans of all ages.

Beacon Announces Partnership With Renovate Robotics

Beacon has formed a strategic partnership with Renovate Robotics, a startup specializing in autonomous roofing technology, aiming to enhance safety and productivity in the roofing industry. The collaboration will focus on integrating Renovate's robots, starting with the launch of Rufus, which installs asphalt shingles, into Beacon's distribution network to better serve contractors. This partnership highlights the potential for technological advancements to address labor shortages and improve operational efficiencies in a $60 billion residential roofing market.

Sky Harbour to Report 2024 Year End Financial Results and Host Webcast Investor Call Thursday, March

Sky Harbour Group Corporation has announced it will release its financial results for the full year 2024 after the market closes on March 27, 2025, and will host an investor webcast to discuss these results along with a general business update. The webcast, which will be accessible to the public, aims to engage investors and stakeholders with a question-and-answer session featuring Sky Harbour leadership. This event highlights the company's commitment to transparency and communication as it develops its nationwide network of Home-Basing campuses for business aircraft.

The New Ray-Ban Meta Smart Glasses Design Is An Expensive Disappointment

Ray-Ban and Meta's new smart glasses design, created in collaboration with Coperni, features a translucent black frame and mirrored lenses, but fails to meet expectations with its lack of innovation. Priced at $549, the glasses do not offer significant improvements from previous models and instead resemble a reskin of existing designs. The limited edition's appeal is diminished by its high cost and the absence of unique features that would justify the price tag.

Nippon Life Eyes Minority Stake in India’s IndusInd Bank

Nippon Life Insurance's India unit is reportedly in discussions to acquire a minority stake in India-based IndusInd Bank, leveraging the bank's network to enhance its insurance product distribution. Reliance Nippon Life Insurance could aim for up to a 9.9% share in the Mumbai-based bank, potentially starting with a 4.9% stake and increasing it over time, reported Bloomberg, citing sources close to the matter. The talks are at a preliminary stage, and there is no certainty they will result in a deal said the sources.

Nationwide Oracle Outage Hits US Federal Health Record Systems

Oracle's Federal electronic health records (EHR) software recently suffered a nationwide outage, causing six Veterans Affairs hospitals to revert to contingency procedures in order to continue treating patients as normal. The outage started at 08:37 ET on March 4 and lasted for five hours, affecting users across various government agencies, including the Department of Defense, US Coast Guard, and NOAA. Oracle has launched a full root cause analysis to determine what triggered this outage.

IBM Wins UK Lawsuit Against LzLabs Over Alleged Theft of Mainframe Technology

IBM has successfully sued Switzerland-based LzLabs and its subsidiary Winsopia over the alleged theft of trade secrets related to IBM's mainframe technology. The High Court ruled in favour of IBM, finding that Winsopia breached its licensed software agreement with IBM in 2013. This decision could have significant implications for intellectual property protection in the tech industry.

Hottest Trade in Bonds Gets Boost From German Spending Plan

The German government's plan to invest hundreds of billions of euros in defense and infrastructure is boosting a popular trade in bond market, known as a curve steepener, where investors bet that securities maturing in the more distant future will underperform shorter-term notes. The gap between two- and 10-year German yields has widened to its most in two years, with investors expecting higher government spending to result in increased bond issuance, faster growth, and possible inflation. This trade is gaining momentum as investors anticipate that Germany's parliament will pass the spending plan, despite a challenge from the Green party.

IBM Wins UK Lawsuit Against LzLabs over Alleged Theft of Mainframe Technology

IBM has emerged victorious in a London lawsuit against US tech entrepreneur and philanthropist John Moores' company LzLabs, which the IT giant accused of stealing trade secrets. The High Court largely ruled in IBM's favour, with Judge Finola O'Farrell saying that Winsopia breached the terms of its IBM software licence and that "LzLabs and Mr Moores unlawfully procured (those) breaches." This ruling is significant, as it highlights the importance of protecting intellectual property in the tech industry.

Apple's Smart Home Hub Delayed Due to Siri Slowdown Problems

Apple's smart home hub project has been delayed due to its reliance on the company's AI-infused Siri features. The hub, which combines a speaker with a display, was reportedly set to launch in 2025 but now seems unlikely to materialize before next year. With significant delays possible, Apple's plans to dominate the smart home market may be threatened by its own technology woes.

Rocket Companies to Acquire Redfin in $1.75B Deal

Rocket Companies is set to acquire Redfin in a $1.75 billion all-stock transaction, which will merge the two companies under a unified vision to enhance the home buying and selling experience. The deal values Redfin at a 63% premium to its recent trading price, with Rocket Companies shareholders expected to own 95% of the new entity. This acquisition follows a period of financial struggles for Redfin, with significant stock price fluctuations and disappointing earnings reports.

Rocket Companies to Acquire Redfin for $1.75B

Rocket Companies is set to acquire Redfin in an all-stock transaction valued at $1.75 billion, aiming to integrate their home search services with financing solutions. This merger is expected to enhance the home-buying experience, allowing customers to easily navigate from property search to loan qualification. Despite recent struggles in Redfin's stock performance and missed earnings expectations, the acquisition positions Rocket Companies to capitalize on Redfin's established market presence.

SciSparc-Clearmind Collaboration Leads to Publication of Patent Application for Cocaine Addiction Ps

The collaboration between SciSparc Ltd. and Clearmind Medicine Inc. has led to the publication of a patent application for a combination treatment using MEAI and PEA for treating cocaine addiction, based on preclinical trial results demonstrating significant reduction in cocaine-induced craving without impairing natural rewards. The study suggests that MEAI's effect on drug craving is specifically targeted at drug-related compulsions rather than the general reward system. This latest publication adds to multiple patent applications filed as part of their ongoing collaboration.

Trump Tariffs Live Updates: Mexico's Sheinbaum Celebrates Reprieve as Canada's Liberals Pick Trudeau

U.S. President Trump's tariffs are significantly altering trade relations with Mexico and Canada, leading to temporary reprieves and ongoing negotiations. Mexico's President Claudia Sheinbaum recently celebrated a delay in the 25% tariffs initially imposed, attributing the reprieve to effective dialogue with the U.S. Meanwhile, Canada's Liberal Party is poised to select a new leader, Mark Carney, amid rising nationalism driven by the tariffs' economic impact.

US to Press Ukraine for Truce Commitments at Saudi Meeting

The US and Ukrainian officials will meet in Saudi Arabia this week to discuss the timing and scope of an initial ceasefire with Russia, with multiple points of tension still to be ironed out. The planned talks follow intense pressure by President Trump's administration on Ukrainian leader Volodymyr Zelenskiy, including the suspension of military aid and intelligence assistance. An economic agreement between Washington and Kyiv on Ukraine's natural resources has been tied to securing a truce commitment.

Crypto Slump Deepens as Macro Headwinds Offset Trump Push

Cryptocurrency prices have continued their downward trend due to escalating tariff war tensions and diminishing prospects of further Federal Reserve rate cuts, outweighing the pro-crypto announcements from President Donald Trump last week. The uncertainty surrounding these economic factors has led to a decrease in investor confidence, with Bitcoin falling as much as 3.7% early on Monday. Despite recent developments that have given investors a more bullish outlook, macroeconomic headwinds are still dominating the crypto market.