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Stellantis ties up with Nvidia, Uber to advance robotaxi development
Reuters· 2025-10-28 19:25
Stellantis said on Tuesday it has partnered with Nvidia , Uber and Foxconn to explore the joint development of autonomous vehicles, aiming to tap into the booming demand for self-driving cars. ...
Nvidia creates brave new world as its chips power breakthroughs across industry lines: GTC DC
Seeking Alpha· 2025-10-28 19:24
Nvidia (NASDAQ:NVDA) CEO Jensen Huang was not being hyperbolic when he said, "Our GPUs are everywhere," during his keynote address at the GTC event in Washington, D.C., on Tuesday. Nvidia shares climbed more than 5% on Tuesday, propelling it above $200. ...
There's Still No Place Like Home
Etftrends· 2025-10-28 19:23
Earnings in the US Continue to Propel US Past International By Adam Grossman, CFA Content continues below advertisement Summary Our Framework: 'Price Matters'… but So Does Macro and Earnings Data A question RiverFront often gets is when we will go 'overweight' on international equities, after almost fifteen years of disappointing returns. Emerging Markets (EM) and Developed International (EAFE) indices are both beating US markets year-to-date, which has only happened 3 years in the last decade. It is a fair ...
Portnoy Law Firm Announces Class Action on Behalf of DexCom, Inc. Investors
Globenewswire· 2025-10-28 19:23
LOS ANGELES, Oct. 28, 2025 (GLOBE NEWSWIRE) -- The Portnoy Law Firm advises DexCom, Inc., (“DexCom” or the "Company") (NASDAQ: DXCM) investors off a class action on behalf of investors that bought securities between July 26, 2024 and September 17, 2025, inclusive (the “Class Period”). DexCom investors have until December 26, 2025 to file a lead plaintiff motion. Investors are encouraged to contact attorney Lesley F. Portnoy, by phone 844-767-8529 or email: lesley@portnoylaw.com, to discuss their legal right ...
Embattled ​Tylenol Maker Kenvue Hires New Marketing Chief
WSJ· 2025-10-28 19:23
The company plans to name snack food executive Jon Halvorson as it faces a crisis over concerns of links between Tylenol and autism. ...
Starbucks Q4 preview: Analysts caution over declining same-store sales
Seeking Alpha· 2025-10-28 19:22
Starbucks (NASDAQ:SBUX) is scheduled to report a 31% decline in its fourth-quarter earnings on October 28, after market close. Seeking Alpha’s consensus EPS Estimate is $0.55, while revenue is likely to come in at $9.35 billion, an improvement of 3.1% year-on-year. ...
HIG Q3 Earnings Beat Estimates on Personal Insurance Unit Strength
ZACKS· 2025-10-28 19:21
Key Takeaways Hartford posted Q3 adjusted operating earnings of $3.78 per share, up 49% year over year.Revenues rose 9.5% YoY to $5.1B, driven by higher earned premiums, fees and investment income.Strong Business and Personal Insurance results offset higher expenses and Employee Benefits pressure.The Hartford Insurance Group, Inc. (HIG) reported third-quarter 2025 adjusted operating earnings of $3.78 per share, which surpassed the Zacks Consensus Estimate by 20.8%. The bottom line climbed 49% year over year ...
Mondelez defeats greenwashing lawsuit over 'climate neutral' Clif Bar claim
Reuters· 2025-10-28 19:19
A federal judge dismissed a proposed class action lawsuit accusing Mondelez International of deceiving consumers into overpaying for Clif bars that were labeled "climate neutral certified." ...
Tariff Impact Mixed, Mostly Moderate, So Far In Q3 Earnings
Investors· 2025-10-28 19:18
With earnings season in full swing, companies have thus far assuaged investors' worst fear: tariff costs. Heading into earnings season, economists and analysts had been holding their breath to see exactly how companies fared as tariffs kicked into full gear. Investors looked for any slipup in performance or guidance caused from harsher- than-expected tariff impacts. The expectation was that companies would… Related news These Are The 5 Best Stocks To Buy Now Or Watch 9:21 AM ETBuying a stock is easy, but bu ...
Amazon Cuts 14,000 Jobs Amid AI Push
CNET· 2025-10-28 19:18
Core Insights - Amazon is laying off 14,000 employees to reduce bureaucracy and invest in artificial intelligence, following a report about plans to replace 75% of its workforce with robots [1][4] - The layoffs are the largest in Amazon's history and are part of a broader trend among tech companies to cut jobs while investing in AI [3][4] - The global AI infrastructure market is projected to grow significantly, from $26.18 billion in 2024 to $221.40 billion by 2034, indicating a strong demand for AI-related investments [4] Group 1: Layoffs and Workforce Changes - Amazon's layoffs will primarily affect departments such as devices, advertising, Prime Video, HR, and Amazon Web Services, with potential future job cuts bringing total losses to 30,000 [3] - The company currently employs over 1 million robots, which constitute two-thirds of its human workforce, and aims to automate 75% of its operations [5] Group 2: AI Investment and Strategy - Amazon's CEO Andy Jassy has emphasized the need for rapid development of generative AI and AI agents, stating that the company has over 1,000 AI services and applications in progress [6] - The company could save $4 billion annually by 2027 through its automation plans in warehouses, highlighting the financial incentives behind the shift to AI [5]