News Archives - Page 4 of 21

ThursdayMar 20, 2025 11:00 am

AINewsBreaks – Apple Inc. (NASDAQ: AAPL) Loses Top Health Executive to Oura, Fueling Smart Ring Market Growth

Apple (NASDAQ: AAPL) has lost a key executive from its health division, as Dr. Ricky Bloomfield, formerly the Clinical and Health Informatics Lead, departs to join Oura as its Chief Medical Officer. Bloomfield played a critical role in shaping Apple’s health strategy, including its push into digital health records and wearable health tracking. His move to Oura, a company specializing in smart rings for health monitoring, signals growing competition in the wearable health-tech space, with some analysts seeing it as a potential shift in consumer interest toward ring-based health tracking over smartwatches. As of the latest trading session, Apple’s stock is…

TuesdayMar 18, 2025 12:10 pm

AINewsBreaks – Microsoft Corp. (NASDAQ: MSFT) Introduces Office 2024 with Lifetime License Option

Microsoft (NASDAQ: MSFT) has launched Office 2024 Home & Business for both Mac and PC, offering users a lifetime license as an alternative to the subscription-based Microsoft 365. This version includes essential applications such as Word, Excel, PowerPoint, Outlook, and OneNote. Notably, the 2024 edition integrates AI features like Word's Smart Compose, providing intelligent suggestions to enhance productivity. As of 11:41 AM EST on March 18, 2025, Microsoft's stock (NASDAQ: MSFT) is trading at $382.31, reflecting a decrease of $6.39 (1.64%) from the previous close. To view the full article, visit https://ibn.fm/XWyoA About Microsoft Corporation Microsoft Corporation is a leading…

FridayMar 14, 2025 8:30 am

AINewsBreaks – D-Wave Reports Fourth Quarter and Year-End 2024 Results

D-Wave Quantum Inc. (NYSE: QBTS) (“D-Wave”), a leader in quantum computing systems, software, and services, has announced its financial results for fourth quarter and year-end 2024, with a 128% year-over-year increase in bookings, reaching $23.9 million in bookings for the year ended December 31, 2024. The company also announced a consolidated cash balance that now exceeds $300 million. "Every day D-Wave’s quantum technology is helping customers gain competitive advantages, discover new scientific breakthroughs, and fuel innovations that were previously unimaginable," said Dr. Alan Baratz, CEO of D-Wave. "Our mission is unwavering - to help organizations realize the benefits of quantum…

WednesdayMar 12, 2025 1:25 pm

AINewsBreaks – NVIDIA Corp. (NASDAQ: NVDA) Sees Stock Rebound as Analysts Highlight Profit Margins

NVIDIA (NASDAQ: NVDA) is experiencing a stock rebound, with analysts emphasizing the importance of profit margins for a sustained recovery. BofA analyst Vivek Arya notes that the company’s gross margins peaked at 79% during the Hopper product cycle but have since declined to 73% due to the transition to the Blackwell product line. Arya anticipates margins will bottom out in the current fiscal first quarter and rise to the mid-70% range later in the year. He maintains a buy rating with a $200 price target, citing NVIDIA’s potential to secure an 80%-85% market share in AI server chips despite increased…

WednesdayMar 12, 2025 1:20 pm

AINewsBreaks – Apple Inc. (NASDAQ: AAPL) Faces Price Target Reduction Amid Siri Upgrade Delays

Apple (NASDAQ: AAPL) has experienced a reduction in its stock price target by Morgan Stanley, now set at $252, down from $275. Analyst Erik Woodring attributes this adjustment to delays in the rollout of advanced AI features for Siri, which were anticipated to drive iPhone upgrades in fiscal year 2026. Woodring now forecasts that Apple will ship approximately 230 million iPhones in 2025, consistent with 2024 figures, and expects a 6% increase to 243 million units in 2026. Consequently, revenue and earnings-per-share estimates for fiscal 2026 have been reduced by 5% to 6%. As of 1:02 PM EST on…

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…

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