NorthAmerica
Anthropic is in focus this morning after introducing a free iPhone app as well as an enterprise offering to ramp up competition with OpenAI. What we know about Anthropic’s new offering ‘Team’The new business tier called “Team” required at least five users and costs $30 a month. It was built on the back of feedback that Anthropic received from its existing customers and was beta-tested with up to fifty of them as well, said Daniela Amodei – cofounder of the AI startup in an interview with CNBC today. The news arrives about a couple months after Anthropic unveiled the Claude 3 – its most powerfu...
Invezz
A post-earnings dip in Advanced Micro Devices Inc (NASDAQ: AMD) is an opportunity to buy a quality name at a discount, says a Barclays analyst. AMD stock is well positioned after Q1 earningsShares of AMD are down some 7.0% at writing after the chipmaker issued in-line guidance for its current financial quarter. Still, Blayne Curtis reiterated his “overweight” rating on the semiconductor giant this morning that he continues to see as well positioned after its Q1 earnings report. In all, AMD remains one of the best positioned names in AI coupled with an improving core business. Note that AMD sto...
Invezz
TG Therapeutics Inc (NASDAQ: TGTX) is up 30% on Wednesday even though it reported a wider-than-expected per-share loss for its fiscal first quarter. Why is TG Therapeutics stock up today?The biotech stock is being rewarded primarily because the revenue printed at $63.47 million versus analysts at $54.61 million. Michael S. Weiss – the chief executive of TG Therapeutics said in a press release today: We believe this strong momentum will continue to build throughout 2024 and are pleased to update our yearly guidance to $270 million to $290 million in BRIUMVI U.S. net revenue in 2024. The Nasdaq-...
Invezz
Riot Platforms Inc (NASDAQ: RIOT) is in the green at writing after reporting a surprise profit for its first financial quarter. Riot comes in shy of revenue estimates in Q1Revenue printed at $79.3 million in Q1 – versus $95.5 million that experts had forecast, as per the press release the bitcoin miner posted on Wednesday. On the plus side, however, analysts had called for a 21 cents loss on a per-share basis while Riot Platforms came in at a record 82 cents per share of earnings. According to Jason Les – its chief executive: [Riot] achieved a number of significant milestones [in Q1] which fur...
Invezz
About $150 trillion is expected to go into decarbonizing the global economy over the next thirty years. Here are the top four green energy stocks that may benefit as the world executes on its commitment to that transition. NextEra Energy Inc (NYSE: NEE)NextEra Energy is on our list of top four green energy stocks for long-term investment as it is one of the biggest names in the wind and solar energy space. The energy giant is committed to making its operations free of carbon emissions by 2045. $NEE has increased its adjusted EPS at a compound annualised rate of 10% over the past ten years whil...
Invezz
Amazon.com Inc (NASDAQ: AMZN) is trading up in extended hours on Tuesday after reporting better-than-expected financial results for its first quarter. AWS topped expectations againThe stock is being rewarded also because Amazon Web Services (AWS) remained strong in Q1, as per the earnings report. The cloud-computing platform brought in $25 billion in revenue (up 17% year-over-year). Analysts, in comparison, were at $24.5 billion. Andy Jassy – the chief executive of Amazon said in a press release today: The combination of companies renewing their infrastructure modernization efforts and the app...
Invezz
Sysco Corp (NYSE: SYY) is in the red at writing after coming in shy of Street estimates for revenue in its fiscal third quarter. Sysco names Kevin Hourican its new chairmanThe food products company also said Edward Shirley – its chairman of the board is stepping down for health reasons. Kevin Hourican – its current chief executive will assume his role effective immediately. Sysco is a more resilient company today due to his [Shirley’s] high standard of excellence. Edward Shirley joined as a member of the board in September 2016 and was named the chairman of the board at Sysco Corp right before...
Invezz
US President Joe Biden visits a World War II memorial bearing the name of his uncle, Second Lieutenant Ambrose J. Finnegan, who died in Papua New Guinea. Screenshot from YouTube video on Associated Press channel. Fair use. Several Papua New Guinea leaders and institutions are demanding an apology from United States President Joe Biden, who mentioned in two public speeches that his uncle was killed by cannibals during World War II. While visiting a war memorial in Pennsylvania on April 17, Biden remarked that his uncle, Second Lieutenant Ambrose J. Finnegan, was killed by cannibals after his pl...
Global Voices
A playground in the West Bank. Picture taken by Justin McIntosh, August 2004. Wikimedia Commons. (CC-BY-2.0). Since Israel's latest aggression on Gaza began in October — described as “a mass assassination factory” — the literal and actual dehumanization of Palestinians has intensified. UNICEF has labeled Gaza “a graveyard for children” and “a living hell,” as a result of Israel's severe and unrelenting attacks. UN Special Rapporteur Francesca Albanese referred to the ‘deliberate unchilding from birth’ of Palestinians under Israel’s “forever occupation” which has caused “never-ending harm” to t...
Global Voices
‘The Zone of Interest’ director Jonathan Glazer condemns Israel-Hamas war in Oscar speech. 11 March 2024. Screenshot from a video by NBC News. Fair use This article was originally published in the New Arab on March 11, 2024. It is republished on Global Voices as part of a content partnership agreement. The Zone of Interest director Jonathan Glazer slammed the misuse of “Jewishness” and the denounced the war in Gaza on Sunday, during his acceptance speech as he picked up an Academy Award, better known as an Oscar, for Best International Film. Glazer, who was joined on stage by producer James Wi...
Global Voices
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