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AI News – Business (5/18/2024)

Title: CocaCola Company Is a Trending Stock: Facts to Know Before Betting on It
Summary: If you’re looking for a stock that’s as popular as Coca-Cola (NYSE:KO), you’re in luck. Zacks.com visitors can’t get enough of this world’s largest beverage maker. But before you jump on the bandwagon, let’s review some of the factors that might affect the near-term performance of the stock. Over the past month, shares of this cola king have returned +7.5%. That’s a pretty sweet deal, but don’t forget to check the sugar content!

Title: 13 Stocks With Strong Institutional Buying
Summary: Amazon.com, Inc. is the ultimate destination for all your shopping needs, whether you’re looking for the latest gadgets, the best deals, or the most diverse products. You can browse through millions of items, compare prices, read reviews, and order online or in store. Amazon.com, Inc. also offers a range of advertising and subscription services to help you reach your target audience and grow your business.

Fiserv, Inc. is the leader in payments and financial services technology, providing innovative solutions that help you manage your money, transactions, and risks. You can use Fiserv’s products and services to process payments, offer banking and insurance services, and comply with regulatory and security standards. Fiserv, Inc. also supports your business with data analytics, customer insights, and strategic advice.

Microsoft Corporation is the world’s most innovative technology company, creating and delivering software, services, devices and solutions that empower people and organizations to achieve their goals. You can use Microsoft’s products and services to enhance your productivity, creativity, and collaboration, whether you’re working, learning, or playing. Microsoft also offers a range of cloud, security, and artificial intelligence solutions to help you optimize your performance and efficiency.

Title: Ciena Corp CEO sells over $200k in company stock By Investing.com
Summary: Ciena Corp President and CEO Gary B. Smith has decided to part ways with a portion of his company shares, as reported by the SEC. He did this under a pre-arranged 10b5-1 trading plan, which basically means he set up a fancy plan to sell his shares at a certain time. What a surprise!

Title: Charles Schwab Investment Management Inc. Has $49.32 Million Stock Holdings in Donaldson Company, Inc. (NYSE:DCI)
Summary: Charles Schwab Investment Management Inc. really knows how to invest! They upped their game in Donaldson Company, Inc. (NYSE:DCI) by a whopping 2.1% in the fourth quarter. That’s like getting a raise at work! And get this, they even bought an extra 15,682 shares during the quarter. Talk about going all in!

But that’s not all, Fifth Third Bancorp also jumped on the Donaldson bandwagon and increased their stake in the industrial products company’s stock by a whopping 37.9% in the third quarter. And California Public Employees Retirement System? They didn’t even miss out on the action. They raised their holdings in shares of Donaldson by a measly 0.7% during the same quarter.

It’s clear that these investors have their eyes on the prize and are willing to do whatever it takes to get there. Who knows, maybe one day we’ll all be investing like them and making a fortune!

Title: Midday Stock Roundup: Eledon, Avid Bioservices Up
Summary: Eledon Pharmaceuticals Inc. (Nasdaq: ELDN) just gave you a 12% raise to $3.122 a share and a $118 million bonus. You must be so proud of yourself. Meanwhile, Virgin Galactic Holdings Inc. (Nasdaq: VGRG) is having a blast with a 24% pay cut to $1.29 per share and a $529 million debt. You should join them, they seem to have more fun than you.

Title: GameStop stock is crashing after the company reported weak sales and cashed in on the meme stock revival by selling 45 million shares
Summary: GameStop is throwing a massive share sale, selling up to 45 million shares, worth about $950 million at current market prices. The stock took a nosedive over 20% after the announcement, and it’s down around 70% from its peak earlier this week. GameStop reported disappointing quarterly numbers this morning, but don’t worry, they still have plenty of Game of Thrones to binge-watch.

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