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Morgan Stanley earnings hit by one time charges as revenue rises on strength of investment banking
Proactive Investors· 2024-01-16 13:53
About this content About Emily Jarvie Emily began her career as a political journalist for Australian Community Media in Hobart, Tasmania. After she relocated to Toronto, Canada, she reported on business, legal, and scientific developments in the emerging psychedelics sector before joining Proactive in 2022. She brings a strong journalism background with her work featured in newspapers, magazines, and digital publications across Australia, Europe, and North America, including The Examiner, The Advocate, ...
3M expected to report steady 4Q earnings amidst challenges
Proactive Investors· 2024-01-16 12:51
About this content About Stephen Gunnion Stephen Gunnion is a senior financial journalist and broadcaster at Proactive Investors. He has more than 25 years of experience in television, radio and print media, anchoring on a number of television channels including South Africa's Business Day TV, CNBC Africa and the South African Broadcasting Corporation, where he was the economics editor. He has also worked for Daily Maverick, Bloomberg, the Business Day newspaper and Investors' Chronicle. Read more About ...
Netflix likely to stream strong rise in 4Q earnings
Proactive Investors· 2024-01-16 12:31
About this content About Stephen Gunnion Stephen Gunnion is a senior financial journalist and broadcaster at Proactive Investors. He has more than 25 years of experience in television, radio and print media, anchoring on a number of television channels including South Africa's Business Day TV, CNBC Africa and the South African Broadcasting Corporation, where he was the economics editor. He has also worked for Daily Maverick, Bloomberg, the Business Day newspaper and Investors' Chronicle. Read more About ...
Boeing sends quality team to supplier after mid-flight blowout
Proactive Investors· 2024-01-16 12:04
Boeing Co (NYSE:BA, ETR:BCO) has said teams are being sent directly to supplier Spirit Aerosystems to run quality checks after a door plug blew off one of its 737 Max 9 jets early this month. “Our team is now inspecting Spirit’s installation of the mid-exit door plug and approving them before the fuselage section can be shipped to Boeing,” Boeing Co (NYSE:BA, ETR:BCO)mmercial chief executive Stan Deal said in an update.  “We are also inspecting more than 50 other points in Spirit’s build process and assessi ...
NASA's new supersonic jet dubbed 'Son of Concorde' makes debut
Proactive Investors· 2024-01-16 11:56
A new supersonic jet that could cut the flying time between London and New York to four hours has been unveiled by Lockheed Martin (NYSE:LMT) and US space agency NASA. Nicknamed “Son of Concorde”, the X-59 jet cruises at a speed of almost 940 miles an hour but unlike its predecessor doesn’t herald its presence with loud sonic booms as the sound barrier is broken. Costing US$247.5m to develop, the X-59’s relative quiet stems from engineering innovation that sees the nose account for a third of the plane’s le ...
Microsoft unveils AI subscription at same prices as ChatGPT 4
Proactive Investors· 2024-01-16 11:41
Microsoft Corporation (NASDAQ:MSFT) has rolled out its Copilot Pro artificial intelligence programme to consumers, two months after large businesses were given access. At US$20 a month, the subscription costs the same as ChatGPT-4 and offers AI features within Microsoft’s apps. “Whether you need advanced help with writing, coding, designing, researching or learning, Copilot Pro brings greater performance, productivity and creativity,” Microsoft said in a blog post. A Copilot Pro subscription will allow acce ...
Apple watches dodge US import ban after redesign
Proactive Investors· 2024-01-16 09:53
Apple Inc (NASDAQ:AAPL, ETR:APC) has removed the blood oxygen monitoring feature on its latest range of smartwatches to avoid a US import ban. US Customs and Border Protection decided that the Apple Watch Series 9 and Ultra 2 were no longer subject to an import ban after the tech company removed the pulse oximeter feature from the products. The US International Trade Commission (ITC) placed the ban on the Apple products towards the end of 2023 after Masimo, the medical technology company, claimed the watche ...
Microsoft analysts will likely eye cloud, AI growth in 2Q results
Proactive Investors· 2024-01-15 18:01
About this content About Sean Mason Sean Mason is a Senior Journalist at Proactive, having researched and written about Canadian and US equities for 20 years. Sean graduated from the University of Toronto with a BA in history and economics and has also passed the Canadian Securities Course. He previously worked at Investors Digest of Canada, Stockhouse, and SmallCapPower.com. Read more About the publisher Proactive financial news and online broadcast teams provide fast, accessible, informative and action ...
Boeing deliveries to China may be delayed for more safety inspections
Proactive Investors· 2024-01-15 16:43
About this content About Stephen Gunnion Stephen Gunnion is a senior financial journalist and broadcaster at Proactive Investors. He has more than 25 years of experience in television, radio and print media, anchoring on a number of television channels including South Africa's Business Day TV, CNBC Africa and the South African Broadcasting Corporation, where he was the economics editor. He has also worked for Daily Maverick, Bloomberg, the Business Day newspaper and Investors' Chronicle. Read more About ...
Apple's iPhone 15 price cut an ominous sign for Cupertino megacap
Proactive Investors· 2024-01-15 16:28
In the seven years since its launch, Nintendo has not once cut the price of its rabidly popular Switch gaming console. Nor should it: the Switch has sold over 132 million units, making it the Japanese gaming giant’s second-best-selling device behind the Nintendo DS. Killer apps like The Legend of Zelda: Tears of the Kingdom, Super Mario Bros Wonder and Metroid Prime Remastered ensured Switch sales kept ticking along well into 2023. If not cutting prices is a surefire sign of a product’s enduring popularity, ...