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Instablog9ja
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VeryDarkMan has said if Fela could go to prison for speaking the truth, why wouldn’t he want to be like my role model?
He said he would like to go to prison like his role model, who is none for speaking the truth.
Analysts Say Meta's Ambitions Make It A Top AI Pick
JPMorgan And Jefferies Analysts Sai...
Investopedia
27 m
10
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JPMorgan and Jefferies analysts said Meta's (META) AI and metaverse ambitions make it a top pick after the tech giant's Connect event keynote Wednesday, where Meta unveiled several new products and AI features.
The analysts said the event showcased Meta's progress in monetizing AI and made them more bullish on the stock, with JPMorgan analysts writing Thursday that they believe Meta has "earned the right to spend big on AI," given its "early AI benefits in both engagement and monetization."
Jefferies analysts added that Meta's "proven ability to successfully scale & monetize new products" added to their confidence in Meta's "new AI future."
JPMorgan lifted its price objective for Meta's stock to $640 from $610, while Jefferies maintained its target of $600, representing about a 5.7% to 12.7% premium above Thursday's closing price of $567.84. Both targets were higher than the analyst consensus of $587.66 compiled by Visible Alpha, though all but one of the 31 analysts surveyed held a "buy" or equivalent rating for the stock.
Meta shares finished slightly lower Thursday after hitting a record intraday high earlier in the session. They've gained about 60% since the start of the year.
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Instablog9ja
2 hrs
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Actor Stan Nze has responded to a follower who criticized his wife, Blessing Obasi, for not using his surname on social media.
The follower said it’s unwise and lack of marital respect for her not to have her husbands name on her social media handles. But the husband responded by said it’s unwise to be in other people businesses without minding yours.
Investopedia
2 hrs
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Jabil (JBL) shares soared Thursday after the circuit board manufacturer posted better-than-expected results on artificial intelligence (AI) demand, authorized a stock buyback program, and launched a restructuring that includes job cuts.
The company, which supplies Apple (AAPL), reported fourth-quarter adjusted earnings per share (EPS) of $2.30, ahead of consensus forecasts of analysts polled by Visible Alpha. Revenue fell 17.7% year-over-year to $6.96 billion, reflecting the loss from the divestiture of its Mobility division last December, but that still beat estimates.
Chief Executive Officer (CEO) Mike Dastoor noted that during its fiscal year, along with the Mobility sale, Jabil saw growth in the AI datacenter sector while dealing with softness in multiple end-markets. He added that while short-term demand remains challenged in certain end-markets, "we are confident that in the mid-to-long term, we are well-positioned to capitalize on secular trends."
Jabil's board also approved a $1 billion share repurchase plan.
Along with the earnings news, the company announced a restructuring plan "to align our support infrastructure to further optimize organizational effectiveness." It explained that would entail layoffs across the selling, general and administrative (SG&A) and manufacturing cost base, and capacity realignment. Jabil explained that it expects to take a $150 million to $200 million charge in fiscal 2025 to implement the changes.
Despite Thursday afternoon's nearly 12% gains to $126.85, shares of Jabil remain slightly lower year-to-date.
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Instablog9ja
3 hrs
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Hours after vowing to meet those trying to frame him up in court, Bobrisky has shared news of winning a legal case against someone named Tosin.
He said his winning begins from here, after the court awarded a fine of N500,000 against one Tosin and also asked that he should be investigated.
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Instablog9ja
4 hrs
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Life Coach Solomon Buchi has said what Bobrisky needed right now is Jesus.
He should surrender his life to Jesus, and give up on any act of homo§exuality if he’s involved in any. J#It his political godfathers and boyfriends.Embrace his God-given masculinity and restart his life on a new note without social media noise.
A life of moral controversy pays no peace. He hopes he finds Jesus.
