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Jim Cramer: These Airline Stocks ‘Trade Wildly,’ Edwards Lifesciences ‘At The Right Level To Buy’

By Avi Kapoor
May 1, 9:09 AM
Cramer likes Delta Air Lines, United Airlines Holdings. "Now, remember, they're very inexpensive stocks, but they trade wildly. But I do like Delta," he added.

DAL

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1 minute read
  • Equities
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IBM Emerges Victorious In $1.6B Legal Battle: Report

By Shivani Kumaresan
May 1, 7:44 AM
IBM secures legal victory, saving $1.6 billion in damages awarded to BMC Software Inc. The U.S. 5th Circuit Court of Appeals rules in favor of IBM, citing lawful acquisition of AT&T's software account. Judges affirm IBM's good faith in the dispute, nullifying one of the largest-ever commercial judgments.

FDL

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2 minute read
  • Equities
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Exxon To Shut Down Two Oil Projects For Pipeline Connection: Report

By Lekha Gupta
May 1, 7:25 AM
Exxon Mobil will shut down two offshore oil production projects in Guyana for 2 weeks each to connect a natural gas pipeline.

HES

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2 minute read
  • General
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Walmart Takes Bold Step With Bettergoods Food Expansion

By Shivani Kumaresan
May 1, 5:38 AM
Walmart has launched its private food brand, Bettergoods, to bring culinary concepts directly to customers at Walmart's Every Day Low Prices. Bettergoods marks Walmart's largest private brand food launch in 20 years and the fastest food private brand Walmart has brought to market.

AMZN

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4 minute read
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How A Famous, Polarizing Wall Street Short-Seller Sniffs Out Corporate Frauds: ‘What We Look For Is Behavioral’

By Shanthi Rexaline
May 1, 3:39 AM
Muddy Waters founder Carson Block says his firm does not rely on screening criteria as they return a lot of false negatives or false positives.

SPY

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2 minute read
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Amazon’s Twitch Launches Short-Form Video Platform To Challenge TikTok As Chinese Platform’s Future Remains Uncertain

By Ananya Gairola
May 1, 2:12 AM
Twitch has launched a new feature called Discovery Feed, a short-form video platform that competes directly with TikTok, leveraging user-selected clips from live streams and tailoring content based on viewers' preferences, amidst ongoing regulatory challenges for TikTok in the U.S.

AMZN

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Apple’s Secret AI Lab in Zurich Poised to Enhance iPhone Capabilities, Poach Google Staff

By Anusuya Lahiri
April 30, 12:07 PM
Apple intensifies AI efforts, poaches experts from Google to lead secretive AI lab in Zurich, plans to showcase new generative AI features at WWDC.

AAPL

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PayPal Raises Annual Outlook, Expands Q1 Margins Amid Competitive Pressure from Apple

By Anusuya Lahiri
April 30, 9:33 AM
PayPal (PYPL) reported Q1 revenue of $7.7B, beating estimates. Total payment volumes increased 14% and operating margin expanded. Q2 and FY24 outlook positive.

AAPL

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Jim Cramer Rejects Illumina As ‘It’s Not Well-Run,’ Recommends Buying This Tech Stock ‘Right Here, Right Now’

By Avi Kapoor
April 30, 9:13 AM
Jim Cramer doesn't recommend buying Dynatrace stock due to its high price. Canopy Growth is the best pot stock. BrightSpring, Illumina, and Bank of America also mentioned. Cramer recommends buying Palo Alto.

BAC

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2 minute read
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Google Announces Layoffs Across Key Teams as It Gears Up for I/O Developer Conference

By Anusuya Lahiri
April 30, 8:56 AM
Google confirms layoffs in vital teams ahead of annual I/O conference, aiming to align resources with product priorities and reduce bureaucracy.

AMZN

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