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2 Reasons to Like COST (and 1 Not So Much)
StockStory11d agoneutral
2 Reasons to Like COST (and 1 Not So Much)

Over the past six months, Costco’s shares (currently trading at $894.40) have posted a disappointing 10.2% loss, well below the S&P 500’s 12.9% gain. This may have investors wondering how to approach the situation.

Would You Want CRM Stock Back At The Price It Just Left?
Trefis11d agoneutral
Would You Want CRM Stock Back At The Price It Just Left?

Salesforce (CRM) trades near $250 a share, close to its 52-week high after a fast three-month run. Selling a put pays you now for agreeing to buy it much lower later, and you keep the payment either way. The catch: you only want this if you would be glad to own Salesforce at that lower price. The open part of that answer is how much its new agent products can actually be charged for.

Bank of America’s Unrealized Bond Losses Could Top $90 Billion on Surging Yields
Barrons.com12d agoneutral
Bank of America’s Unrealized Bond Losses Could Top $90 Billion on Surging Yields

The paper losses on a large Bank of America bond portfolio could have widened by more than $10 billion to over $90 billion in the current quarter, thanks to the fixed-income market’s blistering selloff. Bank of America $506 billion portfolio of low-rate bonds, mostly U.S. agency mortgage securities, has been a sore spot for shareholders. Bank of America declined to comment Thursday.

Can Burger King Sustain Momentum? It Starts with What’s Still Left to Do
QSR12d agoneutral
Can Burger King Sustain Momentum? It Starts with What’s Still Left to Do

A year ago, Sami Siddiqui fielded a similar question. What’s something people ask about Burger King, Popeyes, Tim Hortons, and Firehouse Subs owner Restaurant Brands International that surprises him? Or, similarly, what’s a topic he wonders doesn’t surface more often? Siddiqui, RBI’s CFO, and former president of Popeyes, speaking at the Barclays 19th Annual Global […]

Microsoft fund backs British AI predictions start-up Mantic
Sky News12d agoneutral
Microsoft fund backs British AI predictions start-up Mantic

A London-based start-up which claims to have built an AI system capable of predicting global events has raised funds from a group of investors including Microsoft's ventures arm. Sky News has learnt that ManticAI, whose founders include a former Google DeepMind engineer, has raised over $20m in a funding round jointly led by Balderton - one of the early backers of Revolut - and Radical Ventures, a Canadian investment fund. ManticAI emerged from stealth just over a year ago, and made headlines by beating a number of human forecasters in a competition to predict events ranging from hostilities between Donald Trump and Elon Musk to Kemi Badenoch being removed from the Conservative party leadership.