Month: June 2023

In the age of artificial intelligence (AI) and advanced technologies, machine learning (ML) has emerged as a game-changer. ML is revolutionizing industries and propelling businesses forward. As organizations strive to stay edgy, three companies have stood out as trailblazers in harnessing ML’s power. Notably, the first company focuses on operationalizing AI and ML models. It bridges
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Darden Restaurants Inc., owner of Olive Garden and Longhorn Steak House reported an 11.8% increase in fourth-quarter net income and a stronger-than-expected fiscal 2024 outlook on Thursday, but its stock fell in premarket trades. Darden’s DRI, +0.36% fourth-quarter profit increased to $315.1 million, or $2.58 a share, from $281.7 million, or $2.24 a share, in
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In an hour-long webinar Intel Corp. hosted for Wall Street analysts to provide updates on its contract manufacturing business, the company confirmed that it would be a long slog for investors. Shares of the world’s second-largest semiconductor company fell nearly 5% on Wednesday, following Tuesday’s lesser tumble of 3.8%, when Intel INTC, -6.00% was the
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Electric vehicle manufacturer Polestar Automotive (NASDAQ:PSNY) might amaze you with its sleek high-performance automobiles. However, PSNY stock certainly hasn’t been a winner for long-term investors. Until this trend reverses, and until Polestar Automotive becomes a profitable business, it’s going to be difficult to assign a higher grade than a “D” to the stock. The fact is,
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With uncertainties plaguing the markets, savvy investors can find solace in resilient blue-chip stocks. These stalwarts, known for their consistent performance and resiliency, have become a haven for those looking to safeguard their investments. Moreover, their lower beta values contribute to a sense of security, aiding in capital preservation even when the market tides turn
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This article is an excerpt from the InvestorPlace Digest newsletter. To get news like this delivered straight to your inbox, click here. We’re officially in a bull market. Last week, the S&P 500 closed 20% above its recent lows and the American Association of Individual Investors (AAII) sentiment index hit its highest level since 2021. As
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