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What Starbucks (SBUX)'s Dividend Affirmation and Software Cost Cuts Mean For Shareholders
Simply Wall St.35d agobearish
What Starbucks (SBUX)'s Dividend Affirmation and Software Cost Cuts Mean For Shareholders

Earlier this month, Starbucks Corporation confirmed its Board approved a quarterly cash dividend of US$0.62 per share, payable on August 28, 2026, to shareholders of record as of August 14, 2026. Alongside this dividend affirmation, Starbucks is pushing an intensive turnaround that combines US$400 million in targeted software cost savings with new bonus and pay structures for cafe workers. Next, we’ll explore how Starbucks’ push to cut US$400 million in annual software expenses could...

Bloomberg35d agobearish
JPMorgan’s Faller Sees AI Opportunities Beyond Big Tech Stocks

(Bloomberg) -- Investors should look across the entire artificial intelligence value chain rather than focus on Big Tech alone, according to JPMorgan Private Bank’s Madison Faller. Most Read from BloombergThailand Scraps Plan to End Visa-Free Entry for Indian TouristsTrump Drops 20% Fee for Hormuz Cargo After Gulf PressureUS Hits Iran With Strikes, Blockade as Trump Plans Hormuz ChargeOpenAI’s First Device Will Be Movable, Screenless Speaker Built as AI Companion‘We Faltered’: IBM Plunges Most S

Meta employees allege discriminatory AI-driven layoffs
AFP35d agobearish
Meta employees allege discriminatory AI-driven layoffs

Twenty-six Meta employees have filed a lawsuit accusing the tech giant of using artificial intelligence to select workers for mass layoffs, a claim strongly denied by the trillion dollar company.According to the lawsuit, filed in Oakland, California on Monday Meta used AI systems to "score, rank, and select employees" to be laid off rather than "the considered judgement of managers who knew the work" while disproportionately targeting those on medical or family leave.

Barclays Cuts Its Target on ICE (ICE) But Keeps Betting on the Stock
Insider Monkey35d agobearish
Barclays Cuts Its Target on ICE (ICE) But Keeps Betting on the Stock

With an upside potential of 40.91%, Intercontinental Exchange, Inc. (NYSE:ICE) is among the 12 Strong Buy Stocks with High Upside According to Analysts. On July 9, Barclays lowered its price target on Intercontinental Exchange, Inc. (NYSE:ICE) to $180 from $201 while maintaining an Overweight rating on the shares. Although the firm reduced its valuation target, it continues […]

Truist Cuts PT on ConocoPhillips (COP) Following Q2
Insider Monkey35d agobearish
Truist Cuts PT on ConocoPhillips (COP) Following Q2

ConocoPhillips (NYSE:COP) is one of the top cheap blue chip stocks to buy according to Wall Street analysts. Truist cut the price target on ConocoPhillips (NYSE:COP) to $115 from $128 on July 8 and maintained a Hold rating on the shares. The rating update came as part of a preview of its fiscal Q2 results, […]

Goldman Sachs Cuts PT on The Boston Beer Company (SAM) – Here’s Why
Insider Monkey35d agobearish
Goldman Sachs Cuts PT on The Boston Beer Company (SAM) – Here’s Why

The Boston Beer Company, Inc. (NYSE:SAM) is one of the best small cap stocks to buy with the highest upside potential. Goldman Sachs cut the price target on The Boston Beer Company, Inc. (NYSE:SAM) to $169 from $192 on July 8 and reiterated a Sell rating on the shares. For reference, in its financial results […]

Walmart’s 7,200 price cuts land heaviest in one category
TheStreet35d agobearish
Walmart’s 7,200 price cuts land heaviest in one category

Walmart has lowered prices on a range of grocery staples, including ground beef, corn on the cob, cherries, and 24-packs of soda. The nation’s largest retailer recently unveiled a summer rollback campaign covering thousands of products across groceries, household essentials, and seasonal goods ...

Meta Employees Sue Over AI-Assisted Layoffs, Claim Workers on 'Protected' Medical Leave Were 'Disproportionately Selected'
Benzinga35d agobearish
Meta Employees Sue Over AI-Assisted Layoffs, Claim Workers on 'Protected' Medical Leave Were 'Disproportionately Selected'

Meta Platforms Inc (NASDAQ:META) has been sued by some employees who claim the company’s AI-assisted systems disproportionately affected workers with disabilities and those who took protected medical or family leave during its latest layoffs, allegations the company has denied. The lawsuit was filed by 26 employees late Monday in the U.S. District Court for the Northern District of California, Oakland division, with the plaintiffs seeking to halt the layoffs while their claims proceed. Lawsuit C

Are Boston Scientific’s (BSX) Sterile-Packaging Recalls Reframing the Narrative on Quality and Regulatory Risk?
Simply Wall St.35d agobearish
Are Boston Scientific’s (BSX) Sterile-Packaging Recalls Reframing the Narrative on Quality and Regulatory Risk?

Boston Scientific recently initiated several voluntary Class II recalls of its CRE and CRE Pro Wireguided endoscopy devices worldwide due to potential sterile breaches in packaging, affecting tens of thousands of units across multiple size ranges. The recalls underscore the operational and regulatory risks inherent in Boston Scientific’s expanding minimally invasive device portfolio, especially as it integrates recent acquisitions and scales global distribution. We’ll now examine how these...

JPMorgan cuts earnings forecasts for two major crypto companies
TheStreet35d agobearish
JPMorgan cuts earnings forecasts for two major crypto companies

JPMorgan Chase (NYSE: JPM) trimmed its earnings forecasts for Circle Internet Group (NYSE: CRCL) and Coinbase Global (Nasdaq: COIN) on July 14. Both Circle and Coinbase are two of the world's biggest crypto companies. While the former is best known for its USDC stablecoin, the latter is ...

UnitedHealth Group (UNH) Faces Wider DOJ Antitrust Probe As Claritev Review Expands
Simply Wall St.35d agobearish
UnitedHealth Group (UNH) Faces Wider DOJ Antitrust Probe As Claritev Review Expands

The U.S. Department of Justice has expanded an antitrust investigation to include UnitedHealth Group's Claritev unit. The Claritev review is part of broader DOJ scrutiny of healthcare industry practices and market competition. This development adds a fresh layer of regulatory attention for UnitedHealth Group (NYSE:UNH) beyond routine oversight. UnitedHealth Group, one of the largest managed care and healthcare services companies in the U.S., spans insurance, care delivery, and data-driven...