Tesla’s (NASDAQ: TSLA) stock has been downgraded by Baird analyst Ben Kallo just days before the company’s anticipated robotaxi service launch in Austin on June 12.In an investor note on June 9, Kallo lowered Tesla’s rating from ‘Outperform’ to ‘Neutral’ and set a price target of $320, an 8% upside from Friday’s closing price of $295. Following the downgrade, TSLA shares dropped nearly 3% in pre-market trading on Monday, falling to $286.TSLA one-day stock price chart. Source: FinboldRobotaxi aggressive time ...

Dublin, June 09, 2025 (GLOBE NEWSWIRE) -- The "Enterprise Tech Ecosystem Series: Boeing Company 2025" company profile has been added to ResearchAndMarkets.com's offering. The report provides insights into Boeing's tech activities, including its digital transformation strategies, its innovation programs, and its technology initiatives. The Boeing Co (Boeing) designs, develops, and manufactures commercial jetliners and defense, space and security systems. The company provides various models of aircraft and b ...

AKRON, Ohio, June 9, 2025 /PRNewswire/ -- FirstEnergy Corp. (NYSE: FE) ("FirstEnergy") announced today that it intends to offer, subject to market and other conditions, $950 million aggregate principal amount of convertible senior notes due 2029 (such series, the "2029 Notes") and $850 million aggregate principal amount of convertible senior notes due 2031 (such series, the "2031 Notes" and, together with the 2029 Notes, the "Notes") in a private placement under the Securities Act of 1933, as amended (the " ...

JOHANNESBURG, June 9, 2025 /PRNewswire/ -- In compliance with para 3.59 of the JSE Listings Requirements and para 6.39 of the JSE Debt and Specialist Securities Listings Requirements, shareholders and noteholders are advised of the following changes to the board of directors of the Company (the Board) in accordance with the Company's nomination and succession plan for directors:Appointment of independent non-executive directorMs Xikongomelo Maluleke has been appointed as an independent non-executive directo ...

Dublin, June 09, 2025 (GLOBE NEWSWIRE) -- The "Enterprise Tech Ecosystem Series - The Canadian Imperial Bank of Commerce 2025" company profile has been added to ResearchAndMarkets.com's offering. The report provides insights into The Canadian Imperial Bank of Commerce's tech activities, including its digital transformation strategies, its innovation programs, and its technology initiatives. Canadian Imperial Bank of Commerce (CIBC) is a provider of personal, small business, and commercial, and corporate ba ...

Shares of Sanara MedTech ( SMTI ) have remained under pressure this year as strong growth and improving profitability in the Surgical segment have been outweighed by concerns related to the rising debt levelsAn individual investor primarily focused on undercovered companies, with more than 50 companies on my watchlist. My areas include technology, software, electronics and the energy transition. I have been investing my personal capital for over 7 years in a broad range of companies globally. Through my yea ...

Core Insights - WuXi Biologics has commenced construction of a new microbial manufacturing site in Chengdu, China, aimed at enhancing its commercial production capabilities in the pharmaceutical sector [1][4]. Group 1: Facility Details - The new site will cover an area of 95,000 square meters and will include both drug substance (DS) and drug product (DP) facilities, capable of producing a variety of modalities such as peptides, antibody fragments, plasmid DNA, enzymes, cytokines, and virus-like particles (VLPs) [2][6]. - The facility is expected to complete GMP release for production by the end of 2026 and will feature a 15,000L fermenter, allowing for an annual production capacity of 80 to 110 DS batches, with future expansion potential to 60,000L [2][6]. - It will also house China's first dual-chamber lyophilization production line and a vial filling line, with an overall DP manufacturing capacity exceeding 10 million vials annually [2][6]. Group 2: Technological Advancements - The site will utilize WuXi Biologics' EffiXTM microbial expression platform, designed for the development and manufacturing of biologics with high yield, consistent quality, and superior stability and scalability, achieving titers exceeding 15 g/L for non-mAb recombinant proteins [3][6]. - Advanced automated systems will be implemented to ensure regulatory compliance, operational efficiency, and high-quality standards, with a focus on energy conservation and sustainability through optimized processes and carbon tracking mechanisms [3]. Group 3: Strategic Partnerships - WuXi Biologics will produce VISEN Pharmaceuticals' first commercial product, Lonapegsomatropin, at the new site, which is a long-acting growth hormone for treating pediatric growth hormone deficiency [4]. - The company has also formed a strategic partnership with Virogen Biotechnology, highlighting its expanding portfolio of collaborations aimed at meeting the growing demand for advanced biologic therapies [4][5]. Group 4: Market Positioning - The CEO of WuXi Biologics emphasized that the new Chengdu site is strategically positioned to capitalize on the booming global market for microbial products, which presents significant potential for next-generation therapies [5].

Core Insights - Nvidia CEO Jensen Huang describes artificial intelligence as the "great equalizer," enabling programming through everyday language rather than traditional programming languages [1][3] - Conversational AI models, such as OpenAI's ChatGPT, have gained significant traction, with ChatGPT reporting 400 million weekly active users as of February 2023 [2] - Huang emphasizes that programming AI is akin to programming a human, making it accessible to a broader audience [3][4] Group 1 - AI technology allows users to interact with computers in a conversational manner, making it easier for non-programmers to generate content and perform tasks [3][4] - Companies like Shopify, Duolingo, and Fiverr are encouraging employees to integrate AI into their workflows, reflecting a growing trend in the industry [4][5] - OpenAI has reported 3 million paying business users, indicating a strong demand for AI solutions in the business sector [4] Group 2 - Huang advocates for the adoption of AI to enhance workplace efficiency, countering fears of job displacement due to automation [5][6] - The new method of interacting with computers is seen as transformative, particularly for younger generations who are naturally engaging with AI [6]

Group 1 - Nvidia CEO Jensen Huang expressed strong support for the U.K.'s artificial intelligence sector, highlighting the country's favorable conditions for investment [1][2] - Huang emphasized the importance of building AI supercomputers in the U.K. to attract more startups, noting the presence of a rich AI community and notable companies like DeepMind and Wayve [2][3] - Nvidia announced the establishment of a U.K. sovereign AI industry forum and commitments from cloud vendors Nscale and Nebius to deploy new facilities utilizing Nvidia's Blackwell GPU chips [3] Group 2 - The U.K. government, led by Prime Minister Keir Starmer, is actively promoting the country as a global AI player, with plans to enhance the domestic AI sector and increase computing power significantly by 2030 [4]

Group 1: Stock Recommendations - Swedbank AB (publ) (SWDBY) has seen a 9.5% increase in the Zacks Consensus Estimate for its current year earnings over the last 60 days and offers a dividend yield of 7.8%, significantly higher than the industry average of 3.7% [1] - Peakstone Realty Trust (PKST) has experienced a 14.7% increase in the Zacks Consensus Estimate for its current year earnings over the last 60 days, with a dividend yield of nearly 7%, compared to the industry average of nearly 5% [2] - Postal Realty Trust, Inc. (PSTL) has seen a 5.2% increase in the Zacks Consensus Estimate for its current year earnings over the last 60 days [2] Group 2: Dividend Yields - The average dividend yield for Swedbank AB (publ) is 7.8%, while the industry average is 3.7% [1] - Peakstone Realty Trust has a dividend yield of nearly 7%, exceeding the industry average of nearly 5% [2] - Another company mentioned has a dividend yield of 6.8%, which is also above the industry average of nearly 5% [3]