News

International Paper Joins the Fight for Literacy for the Ninth Year

February 01, 2025 04:30 AM AEDT| By 3BL

MEMPHIS, Tenn., January 31, 2025 /3BL/ - Memphis-based International Paper has renewed its commitment to boosting childhood reading, joining Champions for Literacy (formerly Coaching for Literacy) as...

Portugal’s Novo Banco to launch IPO amid bank consolidation speculation

February 01, 2025 04:05 AM AEDT| By Invezz

The future of Portugal’s Novo Banco is taking a clearer shape as US private equity firm Lone Star signals its intention to pursue an initial public offering (IPO) for a stake of up to 30% in the lender. This move comes as a departure from earli...

Apple labeled a ‘low-growth stock’ despite record Q1 margins—here’s why

February 01, 2025 04:02 AM AEDT| By Invezz

Apple Inc (NASDAQ: AAPL) saw its gross margin hit a record in its fiscal first quarter on the back of continued momentum in its services business that helped offset the weakness in iPhone sales. But that wasn’t enough for Dan Niles to change his view...

Why did Goldman Sachs upgrade Brazil’s Ultrapar to ‘buy’?

February 01, 2025 03:41 AM AEDT| By Invezz

Goldman Sachs has upgraded Ultrapar Participações S.A. (UGPA3) from hold to buy, despite lowering its target price from R$25.10 to R$19.70. Goldman Sachs believes Ultrapar is well-positioned for mergers and acquisitions (M&A) in the current macro...

Simulations Plus (NASDAQ:SLP) Strengthens AI-Driven Drug Discovery Solutions

February 01, 2025 03:35 AM AEDT| By Team Kalkine Media

Highlights,Stake adjustments by major financial entities reflect structured participation.,Stock performance variations align with analyst evaluations.,Advanced software solutions support drug discovery and development.,Simulations Plus Inc. is part...

What Drove Wall Street's Gains as Trading Opened on Friday?

February 01, 2025 03:31 AM AEDT| By Team Kalkine Media

Highlights:,Wall Street experienced broad gains following the release of personal consumption expenditures figures.,Major tech companies such as Apple Inc and Atlassian Corp saw significant rises.,Walgreens Boots Alliance Inc suffered a major drop af...

Southern Company Gas and Its Charitable Foundation Award $11 Million to Nonprofits in 2024

February 01, 2025 03:30 AM AEDT| By 3BL

Southern CompanyATLANTA, January 31, 2025 /3BL/ - Southern Company Gas and its philanthropic arm, the Southern Company Gas Foundation, awarded more than $11 million in financial gifts last year to ove...

LinkedIn AI data lawsuit dropped after company denies misuse

February 01, 2025 03:07 AM AEDT| By Invezz

A proposed class-action lawsuit accusing Microsoft’s LinkedIn of improperly using the private data of its Premium customers to train generative artificial intelligence (AI) models has been voluntarily dismissed. The lawsuit, which was filed in...

Heat Pump Boom Faces Challenges, Strong Policy Support Essential

February 01, 2025 03:00 AM AEDT| By Cision

Future growth hinges on accelerating the transition from gas-based heating to renewable solutions LONDON, Jan. 31, 2025 /PRNewswire/ -- High energy bills coupled with strong financial incentives are m...

Radius Recycling Is Meeting the Growing Demand for Recycled Metals Using Advanced Recovery Technologies

February 01, 2025 03:00 AM AEDT| By 3BL

Originally published in Radius Recycling's 2024 Sustainability ReportIn fiscal 2024, Radius facilities processed and recycled millions of metric tons of metals that originated from end-of-life vehicle...

Novartis has cash for a big pharma deal—but here’s why it’s not buying

February 01, 2025 02:42 AM AEDT| By Invezz

Novartis AG (SWX: NOVN) has the cash to opt for a large deal in pursuit of accelerated growth – but it’s just not interested in one, according to its chief executive Vasant Narasimhan. That’s because the bigger deals have historically not paid off in...

SHIB, PEPETO, and Wall Street PEPE pegged for 25% gains

February 01, 2025 02:35 AM AEDT| By Invezz

As we move deeper into the fiscal year 2025, SHIB, PEPETO, and Wall Street PEPE are all making waves in the crypto market. Each of these tokens offers distinct features, community support, and growth potential. With their current market dynamics, ana...

WiMi Develops FPGA(Field-Programmable Gate Array)-Based Digital Quantum Computer Verification Technology

February 01, 2025 02:30 AM AEDT| By Cision

BEIJING, Jan. 31, 2025 /PRNewswire/ -- WiMi Hologram Cloud Inc. (NASDAQ: WiMi) ("WiMi" or the "Company"), a leading global Hologram Augmented Reality ("AR") Technolo...

AiBox: AI-Driven Meme Token Platform Set to Redefine On-Chain Innovation

February 01, 2025 02:20 AM AEDT| By Cision

NEW YORK, Jan. 31, 2025 /PRNewswire/ -- AiBox, the first AI-powered meme token launch and trading platform, officially debuted on January 27, 2025. Designed to merge advanced AI with meme token issuan...

Trump’s 25% tariff threat looms over $1.6 trillion North American trade—here’s what’s at stake

February 01, 2025 02:14 AM AEDT| By Invezz

North American businesses, consumers, and farmers are bracing for a major economic shake-up as former US President Donald Trump prepares to impose 25% tariffs on imports from Canada and Mexico. The move, set to take effect from Saturday, threatens to...