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FTS

Fortis Inc., a Canadian utility company, is expanding into clean energy with a CA$26 billion capital plan, focusing on regulated assets. The company shows growth in revenue and net earnings, driven by rate-based expansion and new customer rates, particularly in the U.S. Fortis has a strong dividend history with 51 consecutive years of increases and plans for 4-6% annual growth through 2029.

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December 05, 2024 | 12:45 am

LLY

The UK's NICE will recommend Eli Lilly's obesity drug Mounjaro for use in the state health system, potentially reaching 220,000 people over three years.

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December 05, 2024 | 12:30 am

ORCL

Oracle's stock is considered overvalued by 20% based on a DCF model and comparisons with historical averages and Microsoft. While Oracle has a strong position in DBMS, ERP, and Cerner, its IaaS and hardware segments are weaker. Growth is expected to accelerate to 12% by 2026, driven by CapEx in IaaS Cloud, but sustainability without impacting margins is uncertain.

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December 05, 2024 | 12:00 am

BABA

Xreal, backed by Alibaba, has launched its latest augmented reality glasses featuring the new X1 chip, marking a significant advancement in its product capabilities. This move is aimed at competing with major players like Meta and Snap in the AR space.

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December 04, 2024 | 11:30 pm

GOOGL

MSFT

Alphabet CEO Sundar Pichai responded to Microsoft CEO Satya Nadella's claims about AI development, expressing willingness to compare Google's AI models with Microsoft's.

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December 04, 2024 | 11:30 pm

SWKS

Skyworks Solutions exceeded financial guidance with strong revenue and EPS, driven by its presence in Android 5G and Wi-Fi 7 markets. Despite risks from unproven unit growth, it remains a buy with a price target above $100.

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December 04, 2024 | 11:30 pm

AMZN

Amazon's stock has reached a new 52-week high of $220 per share, driven by investor interest in its AI initiatives, including a new powerful AI chip.

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December 04, 2024 | 11:30 pm

PHG

Philips CEO Roy Jakobs discusses the company's focus on building a resilient and agile supply chain amidst ongoing challenges since the pandemic. The strategy is part of Philips' preparation for potential changes under President-elect Donald Trump's second term.

Portfolio Pulse from

December 04, 2024 | 11:00 pm

CRM

The S&P 500 saw gains today, driven by strong performance in the technology sector. Salesforce's stock notably increased due to positive reception of its AI offerings.

Portfolio Pulse from

December 04, 2024 | 10:45 pm