News Archives - Page 18 of 34

TuesdayMar 11, 2025 1:50 pm

AINewsBreaks – Meta Platforms Inc. (NASDAQ: META) Faces Allegations in Former Executive’s Memoir

Meta Platforms (NASDAQ: META) is under scrutiny following allegations detailed in a memoir by former director of global public policy Sarah Wynn-Williams. The book, Careless People: A Cautionary Tale of Power, Greed, and Lost Idealism, claims former COO Sheryl Sandberg engaged in inappropriate behavior, including lavish spending and questionable workplace interactions. Additionally, Wynn-Williams accuses Meta’s Chief Global Affairs Officer Joel Kaplan of sexual harassment, alleging a pattern of misconduct that she says was ignored internally. Meta has denied the allegations, stating that prior investigations found no wrongdoing and that Wynn-Williams was terminated for performance-related issues. As of the latest trading…

MondayMar 10, 2025 1:50 pm

AINewsBreaks – Amazon.com Inc. (NASDAQ: AMZN) and Microsoft (NASDAQ: MSFT) Faces Market Pressure Amid Intensifying Competition with Walmart Inc. (NYSE: WMT)

Amazon.com (NASDAQ: AMZN) is experiencing market challenges as competition with Walmart Inc. (NYSE: WMT) intensifies. Both companies continue to invest heavily in their e-commerce platforms and customer experience enhancements. Amazon's expansive product offerings and rapid delivery services have solidified its position as a leader in the online retail space. However, Walmart's strategic investments in technology and omnichannel capabilities have bolstered its competitiveness, attracting a broader customer base. As of 1:36 PM BTT on March 10, 2025, Amazon's stock is trading at $193.20, reflecting a decrease of $6.08 (3.05%) from the previous close. Similarly, Walmart's stock is trading at $87.81, marking…

ThursdayMar 06, 2025 1:50 pm

AINewsBreaks – Meta Platforms Inc. (NASDAQ: META) Faces Criticism Over ‘Do-Not-Rehire’ Lists Amidst Ongoing Layoffs

Meta Platforms (NASDAQ: META) has come under scrutiny for maintaining internal "do-not-rehire" lists that prevent certain former employees from returning to the company, even those with strong performance records. Reports indicate that managers have the discretion to add individuals to these lists without documented performance issues, leading to concerns about transparency and fairness. This practice has raised alarms about potentially diminishing Meta's talent pool, especially as the company undergoes significant layoffs aimed at reducing "low-performing" staff by 5% to focus on artificial intelligence initiatives. As of 1:42 PM EST on March 6, 2025, Meta's stock was trading at $633.22, down…

ThursdayMar 06, 2025 1:45 pm

AINewsBreaks – Microsoft Corp. (NASDAQ: MSFT) to Invest Additional $297 Million in South Africa’s AI Infrastructure

Microsoft (NASDAQ: MSFT) announced plans to invest an additional 5.4 billion rand ($296.81 million) to expand its cloud and artificial intelligence infrastructure in South Africa by the end of 2027. This investment aims to meet the growing demand for Azure services in the region. Additionally, the company will sponsor technical certification exams for 50,000 individuals in high-demand digital skills, including cloud architecture, AI, and cybersecurity. As of 1:16 PM EST on March 6, 2025, Microsoft shares were trading at $397.81, down $3.21 (0.8%) from the previous close. To view the full article, visit https://ibn.fm/Mfoss About Microsoft Microsoft (NASDAQ: MSFT) is…

MondayMar 03, 2025 3:32 pm

AINewsBreaks – Femto Technologies Inc. (NASDAQ: FMTO) Secures $17M in Private Placement

Femto Technologies (NASDAQ: FMTO), a FemTech pioneer and the creator of Sensera, a feminine wellness product, has announced the closing of its private placement of approximately $17 million of common shares (also known as subordinate voting shares under British Columbia corporation law) and pre-funded and investor warrants at a price of $4.17 per common unit. Femto secured approximately $17 million in aggregate gross proceeds from the transaction, which closed on Feb. 28, 2025. The company expects to use the net proceeds, together with its existing cash, for general corporate purposes and working capital. Aegis Capital Corp. acted as exclusive placement…

ThursdayFeb 27, 2025 12:20 pm

AINewsBreaks – Alphabet Inc. (NASDAQ: GOOGL) (NASDAQ: GOOG) Ranked Among Top Magic Formula Stocks for 2025

Alphabet (NASDAQ: GOOGL) (NASDAQ: GOOG) has been identified as a leading candidate in the "Magic Formula" investment strategy for 2025, securing the 5th position on Insider Monkey's list of best magic formula stocks. This strategy, developed by investor Joel Greenblatt, focuses on companies with high earnings yields and returns on capital. Alphabet's robust financial performance and dominant position in the technology sector contribute to its strong ranking. As of 10:37 AM EST on February 27, 2025, Alphabet's stock is trading at $170.28, reflecting a decrease of $2.46 (1.42%) from the previous close. To view the full article, visit https://ibn.fm/8qPEN About…

WednesdayFeb 26, 2025 10:20 am

AINewsBreaks – NVIDIA Corp. (NASDAQ: NVDA) Set to Announce Q4 FY2025 Earnings Amid High Expectations

NVIDIA (NASDAQ: NVDA) is poised to release its fiscal fourth-quarter 2025 earnings report today after market close. Analysts anticipate adjusted earnings of 85 cents per share, a 63% increase from the same period last year, on revenue of $38.1 billion, up 72% year-over-year. This surge is largely attributed to heightened demand for NVIDIA's AI and data center products. Investors are keenly observing how NVIDIA addresses potential challenges, including competition from custom AI chip developers and geopolitical factors affecting sales. As of 8:56 AM EST on February 26, 2025, NVIDIA's stock is trading at $126.63, reflecting a decrease of $3.72, or…

MondayFeb 24, 2025 3:22 pm

AINewsBreaks – AiEnglishGPT Featured in Bell2Bell Podcast

AiEnglishGPT, an AI-driven platform providing personalized, real-time language and professional skills instruction across 64 languages, was featured in the latest episode of the Bell2Bell Podcast, as part of IBN’s sustained effort to provide specialized content distribution via widespread syndication channels. Mark Emerson, president and CEO of AiEnglishGPT, joined the program to discuss the company’s business model and its plans to address needs in both B2C and enterprise markets. “We are breakthrough technology for education. We’ve created what we call the super teachers – synthetic humans that look very lifelike and have a ton of content knowledge. They become your personal…

WednesdayFeb 19, 2025 11:35 am

AINewsBreaks – Meta Platforms Inc. (NASDAQ: META) Ends 20-Day Winning Streak Amidst AI Investment Surge

Meta Platforms (NASDAQ: META) concluded a remarkable 20-day winning streak, with shares closing 2.8% lower at $716.37 on Tuesday. This dip follows the company's announcement of plans to invest between $60 billion and $65 billion in artificial intelligence infrastructure for 2025, surpassing analysts' expectations. Despite the increased spending, Meta's stock has risen approximately 22% since the start of the year, driven by strong earnings and resilience against external challenges. As of 9:28 AM EST on February 19, 2025, Meta's stock is trading at $716.37, reflecting a decrease of $20.34 (2.76%) from the previous close. Today's trading range has been between…

WednesdayFeb 19, 2025 9:55 am

AINewsBreaks – Alphabet Inc. (NASDAQ: GOOGL) (NASDAQ: GOOG) Sees Increased Stake as Hendershot Investments Adds Shares

Alphabet (NASDAQ: GOOGL) (NASDAQ: GOOG) received increased investment from Hendershot Investments Inc., which boosted its holdings by 0.4% in the fourth quarter. The firm acquired an additional 876 shares, bringing its total stake to 201,606 shares valued at approximately $38.16 million. Alphabet now represents 5.2% of Hendershot’s portfolio, making it the firm's third-largest holding. As of 7:39 AM EST on Feb. 19, 2025, Alphabet shares are trading at $183.77, down $1.49 (0.80%) from the previous close. To view the full article, visit https://ibn.fm/ZN4L3 About Alphabet Inc. Alphabet is a collection of businesses, the largest of which is Google. Google includes…

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