Analysts at Jefferies downgraded Darden Restaurants (NYSE:DRI) to “underperform” from “hold,” citing risk to growth in the near term and saying weak traffic trends observed for its Olive Garden brand could continue. “We believe recent traffic softness at the core OG brand could persist, with lower-end weakness and the loomingContinue Reading
hapabapa ServiceNow’s (NYSE:NOW) stock fell about 3% premarket on Monday after Guggenheim downgraded the shares to Sell from Neutral noting that the second quarter of 2024 is fine, but future risks don’t match valuation. The firm introduced a price target of $640 on the shares of the Santa Clara, Calif.-basedContinue Reading
PARIS, France, July 2nd, 2024, Chainwire Athena Ins is transforming the decentralized insurance landscape with its advanced protocol, providing users with the means to insure against decentralized finance (DeFi) risks. This innovative platform allows individuals to subscribe to insurance coverage protecting their DeFi investments from various threats, including hacking, smartContinue Reading
DKosig The U.S. government is probing China Mobile, China Telecom (OTCPK:CHJHF) and China Unicom (OTCPK:CHUFF) over concerns that the companies could exploit access to U.S. data via their American cloud and internet businesses by providing it to China, Reuters reported, citing people familiar with the matter. Commerce Department’s authorities areContinue Reading
SlavkoSereda/iStock via Getty Images Crude oil futures finished higher Monday, sparked by optimism over strong summer driving demand and the resurgence of geopolitical risk perception with rising tensions between Israel and Hezbollah, as prices continue to rebound from early June lows. After last week’s big drop in U.S. crude andContinue Reading
Wiz is a cloud security platform that enables organizations to secure everything they build and run in the cloud by rapidly identifying and removing critical risks. Over 40% of the Fortune 100 trust Wiz’s purpose-built cloud security platform to gain full-stack visibility, accurate risk prioritization, and enhanced business agility. OrganizationsContinue Reading
