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Formula One is winning its race
In the 1970s, tennis was the sport that excited the wealthy and those aspiring to be wealthy. People were all about the country club lifestyle. In the 1990s and 2000s, it was golf, with Tiger Woods spurring interest in the sport. Now Formula One (NASDAQ: FWONK) auto racing is the big new thing in the […]
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Kenvue faces potential controversy over Tylenol
The manufacturer of Tylenol, Kenvue (NYSE: KVUE) could be facing tough times ahead if unscientific claims about the pain relief drug are released by Health Secretary Robert F. Kennedy Jr. in a report. The stock had fallen over 10% last week on the news that Kennedy Jr. had planned to reveal a report that links […]
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EBay’s AI adoption provides competitive edge for shoppers
EBay (NASDAQ: EBAY) is attempting to jumpstart its growth by implementing more artificial intelligence to create preferences for both buyers and sellers. The online marketplace began using AI agents that work with engineers for writing code. EBay’s platform will include features from AI that know what items buyers like and make it easier for sellers. […]
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Quantum computing may be key that unlocks artificial general intelligence
For more than 40 years, technologists have rhapsodized about quantum (superfast) computing, saying it would come soon and fundamentally change the world. That obviously hasn’t happened yet. But many experts say it’s coming in the next five years. And if it does, quantum computing could make artificial intelligence extremely more potent. This would give tech […]
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PNC shoots for the stars; Will it get there?
Bill Demchak, CEO of PNC Financial Services (NYSE: PNC), is nothing if not ambitious. He has a goal for the eighth largest U.S. bank to grow its assets to $1 trillion from $559 billion as of June 30, The Wall Street Journal reports. That’s a whopping 79% increase. Pittsburgh-based PNC has a solid track record […]
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Trane may not sound exciting, but its returns are
The heating, ventilation and air conditioning (HVAC) business is obviously a prosaic one. But the stock-market performance of HVAC stalwart Trane Technologies (NYSE: TT) is more poetic than prosaic. It has generated an annualized return of 26.2% over the past 10 years, way above the 14.9% return of the S&P 500. HVAC, including servicing as […]