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tech giants carbon emissions rise 150 percent driven by ai advancements
Carbon emissions from major tech companies surged by 150% from 2020 to 2023, driven by AI advancements and increased data center energy use. Amazon, Microsoft, Meta, and Alphabet saw significant rises in emissions, highlighting a troubling trend in the tech sector's environmental impact. As data centers' electricity consumption is projected to reach 945 TWh by 2030, this growth poses challenges to global climate goals, exacerbated by a lack of regulatory oversight for AI emissions.
Banco Santander Chile Successfully Issues Bonds to Strengthen Financial Position
Banco Santander-Chile successfully placed two series of bonds in the local market, raising CLP 95 billion. The Series AA-17 bonds, maturing in 2028, have a placement rate of 5.75%, while the Series AA-4 bonds, maturing in 2033, carry a rate of 6.38%. This move is expected to strengthen the bank's financial position and enhance its market presence.
PACCAR Inc announced a quarterly dividend of $0.33 per share, with an ex-dividend date of May 14th. The company has received mixed ratings from analysts, with a consensus "Hold" rating and a price target of $105.23, while institutional investors own 64.90% of the stock. Recently, PACCAR reported a quarterly EPS of $1.46, missing estimates, and a revenue decline of 16% year-over-year.
analysts raise price targets for mondelez international amid mixed ratings
Barclays raised its price target for Mondelez International from $71 to $74, maintaining an "overweight" rating, while Evercore ISI increased its target from $67 to $70 with an "outperform" rating. Currently, the stock has a consensus rating of "Moderate Buy" and an average target price of $70.55, with 13 buy ratings, eight holds, and one sell. Mondelez reported a quarterly EPS of $0.74, exceeding estimates, with revenues of $9.31 billion, reflecting a slight year-over-year increase.
banco santander-chile reaches new high amid mixed analyst ratings and dividend increase
Banco Santander-Chile, which provides a range of banking services in Chile, has seen its shares reach a new 52-week high of $25.27, with analysts currently rating it as a "Hold." The company recently increased its annual dividend to $1.349, reflecting a yield of 4.8%. Despite positive earnings results, some analysts have downgraded their ratings, indicating a cautious outlook.
southern copper reports strong earnings and announces dividend payout
Southern Copper reported a return on equity of 40.27% and a net margin of 29.53%, with quarterly revenue of $3.12 billion, surpassing expectations. The company announced a $0.70 dividend, yielding 2.98%, and has a dividend payout ratio of 61.27%. Analysts predict earnings per share of 4.66 for the fiscal year, while the stock currently holds a "Reduce" rating among analysts.
cisco systems insider trading and institutional investment activity reported
Cisco Systems' executive vice president now owns 191,184 shares valued at approximately $11.6 million after a recent sale, which decreased their position by 1.07%. Over the past 90 days, insiders sold 14,635 shares, while institutional investors hold 73.33% of the stock. Analysts have raised Cisco's price target to $73.00, suggesting a potential upside of 14.74%. The company reported earnings of $0.96 per share, exceeding estimates, and announced a $15 billion share repurchase plan, indicating management's belief in the stock's undervaluation.
canada goose shares see significant institutional trading activity and analyst ratings
Canada Goose Holdings Inc. (NYSE:GOOS) saw significant changes in institutional ownership, with Barclays PLC reducing its stake by 90.1% in the last quarter. Analysts currently rate the stock as "Hold," with a consensus price target of $10.20, while shares opened at $9.10, reflecting a 1.0% decline. The company, which specializes in luxury apparel, operates through Direct-to-Consumer, Wholesale, and Other segments across various global markets.
caterpillar earnings outlook improves following trade war de-escalation
Caterpillar Inc., the leading manufacturer of mining and construction equipment, has seen improved earnings forecasts following a de-escalation in the trade war, according to UBS. The company generates 94.7% of its net sales from machinery and engines, with financial services accounting for 5.3%. Geographically, North America leads with 53.1% of sales, followed by Europe/Africa/Middle East (19%), Asia/Pacific (17.6%), and Latin America (10.3%).
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