Yesterday | ||||
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Fly Intel: Top five weekend stock stories »
20:01 03/07/21 03/0720:01 03/07/2120:01
GE
General Electric
AerCap
Microsoft
NewHold Investment Corp.
Lowe's
Disney
Mytheresa
Vertex Pharmaceuticals
Broadcom
Cisco
Qualcomm
Texas Instruments
Catch up on the… Catch up on the weekend's top five stories with this list compiled by The Fly: 1. General Electric (GE) is nearing a $30B-plus deal to combine its aircraft-leasing business with Ireland's AerCap (AER), The Wall Street Journal's Cara Lombardo and Emily Glazer reported, citing people familiar with the matter. Though details of how the deal would be structured couldn't be learned, it is expected to have a valuation of more than $30B, some of the people said. An announcement is expected Monday, assuming the talks don't fall apart, the authors added. 2. Evolv Technology is combining with a special-purpose acquisition company to go public in a deal that values the crowd-safety company at about $1.7B, The Wall Street Journal's Amrith Ramkumar reported. Backed by investors including Microsoft (MSFT) co-founder Bill Gates and former Florida Gov. Jeb Bush, Evolv is merging with the SPAC NewHold Investment Corp. (NHIC), the author noted. 3. Lowe's (LOW) was a lockdown winner and investors are having second thoughts about its stock now that reopening looms, but Lowe's is far more than just a COVID-19 play, Teresa Rivas wrote in this week's edition of Barron's. Concerns are probably overblown and with COVID receding, Lowe's is set to become a more profitable company, while housing might be more resilient than it's given credit for, the author contended. 4. Disney's (DIS) "Raya and the Last Dragon" easily won the weekend box office, the biggest since pandemic shut down theaters as New York City was finally allowed to reopen at 25% capacity. The movie sports an A CinemaScore and took in an estimated $8.6M in its North American debut. Overseas, "Raya and the Last Dragon" earned $17.6M from 32 markets for a global total of $26.2M. 5. Mytheresa (MYTE), Vertex Pharmaceuticals (VRTX), Broadcom (AVGO), Cisco (CSCO), Qualcomm (QCOM) and Texas Instruments (TXN) saw positive mentions in this week's edition of Barron's. ShowHide Related Items >><<
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Periodicals
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Evolv going public in $1.7B SPAC merger, WSJ reports »
19:56 03/07/21 03/0719:56 03/07/2119:56
MSFT
Microsoft
NewHold Investment Corp.
Evolv Technology is… Evolv Technology is combining with a special-purpose acquisition company to go public in a deal that values the crowd-safety company at about $1.7B, The Wall Street Journal's Amrith Ramkumar reports. Backed by investors including Microsoft (MSFT) co-founder Bill Gates and former Florida Gov. Jeb Bush, Evolv is merging with the SPAC NewHold Investment Corp. (NHIC), the author notes. Reference Link ShowHide Related Items >><<
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Periodicals
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White House urges action despite Microsoft patch amid active threat, Reuters says »
17:32 03/07/21 03/0717:32 03/07/2117:32
MSFT
Microsoft
The White House urged… The White House urged computer network operators to take further steps to gauge whether their systems were targeted amid a hack of Microsoft's Outlook email program, saying a recent software patch still left serious vulnerabilities, Reuters' Jeff Mason reports. "This is an active threat still developing and we urge network operators to take it very seriously," a White House official said, adding that top U.S. security officials were working to decide what next steps to take following the breach. Reference Link ShowHide Related Items >><<
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Saturday | ||||
Periodicals
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Cisco, Qualcomm offer solid yield, dividend growth, Barron's says »
12:36 03/06/21 03/0612:36 03/06/2112:36
AVGO
Broadcom
Cisco
Qualcomm
Texas Instruments
It's hard to find… It's hard to find attractive yields with dividend growth among tech stock but Broadcom (AVGO), Cisco (CSCO), Qualcomm (QCOM) and Texas Instruments (TXN) offer both, Lawrence Strauss writes on this week's edition of Barron's. Reference Link ShowHide Related Items >><<
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On The Fly
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Charged: GM-backed Cruise said to be in talks to acquire Voyage »
07:31 03/06/21 03/0607:31 03/06/2107:31
TSLA
Tesla
NIO
Xpeng
Ford
Li Auto
General Motors
Fisker
QuantumScape
Plug Power
NextEra Energy
Welcome to The Fly's… ShowHide Related Items >><<
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Friday | ||||
Hot Stocks
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Adaptive Biotechnologies says FDA issues EUA for T-Detect COVID »
18:47 03/05/21 03/0518:47 03/05/2118:47
ADPT
Adaptive Biotechnologies
Microsoft
Adaptive Biotechnologies… Adaptive Biotechnologies (ADPT) announced that the U.S. FDA issued an Emergency Use Authorization for T-Detect COVID to confirm recent or prior COVID-19 infection. This first-in-class T cell- based test is the first indication resulting from Adaptive's TCR-Antigen Map collaboration with Microsoft (MSFT). ShowHide Related Items >><<
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Periodicals
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30K U.S. groups hacked via Microsoft email software flaws, KrebsOnSecurity says »
17:07 03/05/21 03/0517:07 03/05/2117:07
MSFT
Microsoft
SolarWinds
No fewer than 30,000… No fewer than 30,000 organizations across the U.S., including a large number of small businesses, towns, cities, and local governments, have in the past few days been hacked by an aggressive Chinese cyber espionage unit centered on stealing email from victim organizations, KrebsOnSecurity reports, citing multiple sources. The espionage unit is exploiting four newly-found flaws in Microsoft (MSFT) Exchange Server email software, and has seeded hundreds of thousands of victim organizations globally with tools that give hackers total remote control over impacted systems, the report says. Such recent hacks may well end up far eclipsing the damage done by the SolarWinds (SWI) hacks, the report notes. Reference Link ShowHide Related Items >><<
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Hot Stocks
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Starbucks appoints Dennis Brockman as Global Chief Inclusion, Diversity Officer »
12:25 03/05/21 03/0512:25 03/05/2112:25
SBUX
Starbucks
In a letter to partners… In a letter to partners shared on the company's website, Starbucks CEO Kevin Johnson announced the appointment of Dennis Brockman as the company's global chief inclusion and diversity officer, responsible for the company's global I&D strategy, building a culture of I&D leadership excellence and accountability.Reference Link ShowHide Related Items >><<
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Periodicals
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Take-Two CEO says players 'ready for $70 games,' VGC reports »
11:12 03/05/21 03/0511:12 03/05/2111:12
TTWO
Take-Two
Microsoft
Sony
Take-Two (TTWO) CEO… Take-Two (TTWO) CEO Strauss Zelnick reiterated his company's view that the move to charge $70 instead of $60 for the Xbox Series X (MSFT) and PlayStation 5 (SNE) versions of "NBA 2K21" was the right one, since the public was "ready" for the price hike, VGC's Chris Scullion reports, citing comments from the Morgan Stanley Technology, Media & Telecom Conference. "We announced a $70 price point for NBA 2K21, our view was that we're offering an array of extraordinary experiences, lots of replayability, and the last time there was a frontline price increase in the US was 2005, 2006, so we think consumers were ready for it," Zelnick said. The CEO did not seem to suggest, though, that all future games will cost $70 going forwards, instead saying the company needs to focus on providing a level of content that justifies that price point, the author notes. Reference Link ShowHide Related Items >><<
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Recommendations
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Plug Power price target lowered to $61 from $65 at JPMorgan »
07:33 03/05/21 03/0507:33 03/05/2107:33
PLUG
Plug Power
JPMorgan analyst Paul… JPMorgan analyst Paul Coster lowered the firm's price target on Plug Power to $61 from $65 and keeps an Overweight rating on the shares. The JPMorgan Renewables Index is down 22% in one month, correction territory for alternative energy, and this will have a "lingering effect on multiples, particularly the more speculative hydrogen pure-play stocks," Coster tells investors in a research note. The analyst's positive thesis regarding the hydrogen space is unchanged. ShowHide Related Items >><<
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