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Salesforce shares fall as software maker shows pockets of weakness Salesforce shares fall as software maker shows pockets of weakness Marc Benioff, Chairman & CEO of Salesforce, speaking on CNBC’s Squawk Box outside the World Economic Forum in Davos, Switzerland on Jan. 22nd, 2025. Gerry Miller | CNBC Salesforce shares slumped about 6% despite topping Wall Street’s fiscal first-quarter estimates and lifting its full-year guidance due to artificial intelligence tailwinds. The sales and customer service software giant said it now expects $11.27 to $11.33 in adjusted earnings per share and $41.0 billion to $41.3 billion in revenue for the fiscal year. That’s up from previous guidance that called for adjusted EPS between $11.09 and $11.17 and $40.5 billion to $40.9 billion in revenue. “Q1 results, while not game changing, point to a stable demand environment, with continued strength in the Agentforce new product cycle,” wrote Citi analyst Tyler Radke. Salesforce’s results come a day after the company announced its intent to buy data management company Informatica for $8 billion as it beefs up its AI offerings. The deal would be the company’s largest acquisition since its Slack deal. JPMorgan analyst Mark Murphy attributed some of the post-earnings move to a slight miss on current remaining performance obligation growth for the second quarter, which he said came in 30 basis points below Wall Street’s expectations. The company also posted a slight operating margin miss, he added. “After multiple quarters of beats/raises to margin, the slight Q1 miss and reiteration is a pick on the print,” said Morgan Stanley’s Keith Weiss. Despite the upbeat results, RBC Capital Markets downgraded shares to sector perform from an outperform, citing execution risks and innovation concerns if the company continues acquiring. Analysts also questioned the company’s need for Informatica and whether it could interfere with its core business. “Stepping back, while we like the margin expansion story at Salesforce and the valuation is undemanding, deal risk with Informatica has tipped the scales for us,” said analyst Rishi Jaluria. Recent tariff uncertainty has spurred immense volatility for technology companies reliant on goods imported from abroad. Weiss called the results “better than feared” against the turbulent backdrop. “With concerns about macro and the potential of a recession it is nice yet again to see a company deliver an in-line quarter with no visible macro effect,” said Bernstein’s Mark Moerdler. Net income was flat year over year at $1.54 billion, or $1.59 per share. A year ago, net income reached $1.53 billion, or $1.56 per share. Adjusted earnings for the first quarter were $2.58 per share adjusted, topping a $2.54 estimate from LSEG. Revenues grew nearly 7.6% from a year ago to $9.83 billion and beat a $9.75 billion estimate. WATCH: Salesforce CEO Marc Benioff goes one-on-one with Jim Cramer Source link #Salesforce #shares #fall #software #maker #shows #pockets #weakness Pelican News View the full article at [Hidden Content] For verified travel tips and real support, visit: [Hidden Content]

‘Weird dichotomy’ between Magnificent Seven and the rest of the market ‘Weird dichotomy’ between Magnificent Seven and the rest of the market Stocks appear to have come full circle since the start of the year, but with one key difference: the “Magnificent Seven” stocks are not as expensive as they were coming into 2025. The S & P 500 is virtually unchanged on the year, following an extraordinary selloff and recovery over the past two months. In that time, the index slumped 20% from its February peak following the April 2 tariff announcement, then made back all those losses. The broader index is now a little more than 3% off its record high. For all off of 2025, the broad market index has eked out a 0.8% gain, not including reinvested dividends. .SPX YTD mountain S & P 500 in 2025 This time, however, there’s a different nuance in the market, according to Marta Norton, chief investment strategist at Empower Investments. She pointed out that while the overall market is more expensive than it was at the start of the year, the Magnificent Seven stocks are cheaper than they were. “At the start of the year, the Mag Seven were very expensive, and you felt like that was going to lead the market down. But at this point in the year, Mag Seven is, you know, certainly rallied back a bit, but it’s cheaper than it looked at the start of the year, and it’s the rest of the market around the Mag Seven that looks expensive,” said Norton. “So, there’s this weird dichotomy where the area of greatest risk doesn’t look to be quite as big a risk, at least from a valuation standpoint, that it had [at] the start of the year,” Norton added. Take Nvidia , which started 2025 with a forward P/E of 31.3, is now trading at 29.6 forward earnings, according to FactSet data. Apple , which was at 33.0, now sells for 26.6 times the coming year’s profits. Google-parent Alphabet , which was trading at 21.1, is now at 17.7. Amazon , previously at 35.2, now changes hads at 31.3. Only two of the megacaps stocks trade above their Dec. 31 forward valuations. Meta Platforms , which was at 23.0, is now at 24.3. Microsoft , once at 29.9, is now 30.6. Meanwhile, the broader market looks more expensive. The S & P 500, at 21.3 currently, is trading about where it was in December. But consumer staples companies were at 18.6 times at the end of last year, and are now at 19.9. The cheaper Mag Seven valuations suggest there could be some momentum left in the market even after its huge upswing since early April, since the elite group combined accounts for roughly 30% of the S & P 500 market value. Norton, however, is skeptical the market will rally meaningfully higher in 2025. She thinks the S & P 500 will be rangebound for the rest of the year as expensive valuations in the rest of the market, as well as the impact of tariffs on corporate earnings, will offset any benefits from deregulation later this year. “Should we see the Mag Seven continue to recover, that would certainly be a force for strength in the market, but we still have to watch that remaining 70%,” Norton said. Other Wall Street firms are sounding similar concerns. In fact, a note from UBS said that “MAG-7 dominance risk has yet again returned” following Nvidia’s latest earnings beat, a development that suggests the market is “now priced for perfection and is vulnerable to even slightly disappointing news.” Source link #Weird #dichotomy #Magnificent #rest #market Pelican News View the full article at [Hidden Content]

UC San Francisco study uncovers troubling new cannabis health risk – SFGATE UC San Francisco study uncovers troubling new cannabis health risk – SFGATE UC San Francisco study uncovers troubling new cannabis health risk SFGATESmoking weed and consuming THC-laced edibles linked to early heart disease, study finds CNNStudy finds regular cannabis use, smoked or eaten, harms cardiovascular health Medical XpressMarijuana use linked to blood vessel damage—impact seen with smoking and edibles Cardiovascular BusinessMarijuana Users Issued Warning by New Study Newsweek Source link #San #Francisco #study #uncovers #troubling #cannabis #health #risk #SFGATE Pelican News View the full article at [Hidden Content]

Cloud Wars: Google’s $75B Bet Against Microsoft and Amazon Cloud Wars: Google’s $75B Bet Against Microsoft and Amazon As the internet moved away from individual websites to account-based access for platforms, few companies benefited as much as Alphabet (NASDAQ:), Microsoft (NASDAQ:) and Amazon.com Inc (NASDAQ:). This transition created the foundational layer for user experience, an infrastructure that the “Big Three” monetized. Consequently, their cloud services expanded and locked in users via ecosystem integration. Just the Big Three – Google (GCP), Microsoft (Azure), and Amazon (AWS) – hold 63% of global cloud market share as of Q1 2025. And as they provide the bulk of the world’s services and data, they also serve as extensions of the US government. This is why it is so common to see the heads of these companies meeting with current presidents, and why public-private partnership (PPP) has become the norm. The computational demands for AI services make the Big Three even more entrenched. But which company is most likely to scale the fastest, pleasing shareholders with the most growth? Google (GCP) Google Cloud Platform ranks the lowest of the Big Three, at only 12% global cloud market share. However, under the umbrella of Alphabet, Google has the most interlinked ecosystem. From Android to YouTube and Gmail, to productivity tools integrated into Google Drive, Google offers full cross-service data integration. Moreover, this massive pool of users greatly benefits Google’s AI training efforts. After the initial embarrassing launch due to ideological capture, the Gemini AI model family is now performing neck and neck with OpenAI’s latest offering. Gemini 2.5 Pro is now sandwiched between Microsoft-funded OpenAI models. Amazon’s Nova is on the tail end of performance. Image credit: Artificial Analysis More importantly, as a multi-modal AI, Gemini’s video generation – Veo 3 – is the first one to break the uncanny valley wherein it is difficult to distinguish between real footage and AI-generated content. And equally importantly for adoption purposes, Veo 3 natively generates audio as it more strictly adheres to users’ prompts. As prompt adherence is more accurate, this translates to fewer generative attempts. In turn, businesses who deploy AI apps on Google’s Vertex (NASDAQ:) and GCP, have to spend less on the company’s pay-as-you-go pricing model. Google implemented this model across its resources (CPUs, GPUs, TPUs) and services like Vision AI for analyzed images. On the hardware end of AI deployment, Google also developed 7th gen Tensor Processing Unit (TPU) “Ironwood”, purportedly having 24x greater performance than the top ranking supercomputer El Capitan. In short, it looks 2025 is going to be the pivotal year for Google Cloud, as the company invests $75 billion in data centers. And to compete with Microsoft’s Azure on an enterprise level, recently launched Cloud Wan is offering up to 40% lower latency and reduction in wide-area network (WAN) expenditures. In Q1 2025, GCP revenue increased 28% year-over-year, to $12.3 billion, ahead of Google Services (up 10%) of $77.3 billion. At an annual run rate (ARR), GCP generated $49.2 billion. As far as GOOGL stock is concerned, currently priced at $172.95 per share, the average GOOGL price target is $199.56, per WSJ forecasting data. This gives investors a 15% potential profit gain from Alphabet stock exposure. Microsoft (Azure) Microsoft’s Azure cloud service has a global market share of 22%. Microsoft relies on its legacy Windows integration in addition to Office 365 for enterprise and consumer ecosystems. Microsoft’s Azure Arc was particularly successful in entrenching it, as it integrates on-premise systems with cloud services. However, Google Drive has an overwhelming advantage with its G Suite integration, holding a market share of over 70% (7.43% for just Google Drive). In comparison, Microsoft OneDrive has a tiny market share at just 0.33%. This makes sense as Google’s services have been effectively free for years. On the other hand, Azure generated over twice the revenue in Q1, at $26.8 billion, or $107 billion ARR. Due to costs associated with enterprise migration, and retraining, it is safe to say that Microsoft’s cloud services are entrenched. Microsoft’s integration of OpenAI in the form of Copilot only future-proofs that entrenchment. Although Veo 3 is currently the top AI-powered video generator, it is also likely that OpenAI’s Sora will catch up in an ongoing AI race. In Q1, Azure’s yearly revenue growth is in the middle ground of 21% vs GCP’s 28%. Once again, if Google makes the right monetization moves, its seamless ecosystem, cross-platform and cloud-centric, has more space for growth. When it comes to MSFT stock price, the average MSFT price target is $510.11 against the current price of $459.31 per share, giving investors a potential profit gain of 11% for Microsoft stock exposure. Amazon.com (AWS) Amazon Web Services (AWS) has the dominant global cloud market share of 29%. To many, this is surprising given that Amazon is an ecommerce company while Google and Microsoft are specialized software giants. But as always, this relates to first mover advantage. Even before Azure launched in 2010, and GCP in 2008, AWS started offering cloud infrastructure in 2006 as a pay-as-you-go platform. Moreover, owing to its proven expertise in ecommerce and logistics, Amazon easily made the case for enterprises to move from on-premise servers to AWS. The crypto sector especially became beholden to AWS, as major blockchains such as , and had the bulk of their node hosting on AWS. Although this caused some centralization concerns, it showcased that AWS has top architecture design for a variety of uses. Over time, AWS gained a full-stack of AI tools that integrate into the cloud, the AWS Amplify kit for Bedrock (akin to Google’s Vertex). Likewise, Amazon’s Alexa evolved from a simple virtual assistant to a full AI agent as Alexa+. In addition to complementing its ongoing deployment of robotics, AWS should be viewed as a broader platform for enterprises and large industries. In Q1, AWS tracked the lowest yearly growth of 17% to $29.3 billion revenue, and $117 billion ARR. Given the fact that AWS’s market share declined from 31% in Q1 2024, it is likely that GCP and Azure will continue to offset Amazon’s first move advantage. Even if Amazon’s Nova multimodal AI drastically improves performance, it is still the case that it is not as integratable as either Gemini or ChatGPT. In terms of AMZN stock performance, AMZN average price target is $237.82 against the present price of $205.36 per share, giving investors a potential 15.8% profit gain, which is just slightly better than exposure to GOOGL. *** Neither the author, Tim Fries, nor this website, The Tokenist, provide financial advice. Please consult our website policy prior to making financial decisions. This article was originally published on The Tokenist. Check out The Tokenist’s free newsletter, Five Minute Finance, for weekly analysis of the biggest trends in finance and technology. Source link #Cloud #Wars #Googles #75B #Bet #Microsoft #Amazon Pelican News View the full article at [Hidden Content] For verified travel tips and real support, visit: [Hidden Content]

Mark Gordon previously convicted of ***** in US, Old Bailey retrial told Mark Gordon previously convicted of ***** in US, Old Bailey retrial told Mark Gordon was convicted of a series of ******* offences, including *****, which took place in Florida in 1989 when he was aged 14, a jury heard on Thursday. The details of his previous convictions were read to the jury at a retrial of separate charges at the Old Bailey in London. Gordon and his partner Constance Marten are standing trial on charges of the manslaughter by gross negligence of their newborn baby Victoria and of causing or allowing the death of a child. They both deny the charges. Victoria’s decomposing body was found in a shopping bag in a shed in a Brighton allotment in March 2023. The jury were told of the details of Gordon’s prior offences in the United States. On 29 April 1989, he broke into the house of a next door neighbour wearing a nylon stocking over his face, armed with a knife and hedge clippers, the court heard. He demanded that the woman inside the house undress and attempted to ***** her, before orally raping her and committing other ******* assaults. Gordon then held her for four-and-a-half hours against her will. On 21 May of the same year, he broke into another property carrying a flat-headed shovel and beat a male occupant about the head with the shovel. He was sentenced in the US to 40 years in prison, of which he served 22 years. In questions to Det Sgt Ian Valentine, who was giving evidence about the convictions, Mark Gordon, who is now representing himself, suggested that he had been “manipulated” in his police interviews in Florida, saying he had been a 14-year-old child without adult supervision. Det Sgt Valentine said: “I am not aware of the circumstances of the case. I am just aware of the outcome.” The jury also heard that on three occasions Marten’s family commissioned private investigators to conduct surveillance on the couple. A company called LSG was hired by Marten’s mother, Virginie de Selliers, in 2016 to trace her daughter. LSG was successful and managed to take some photos of the couple. LSG was then hired by Marten’s father, Napier Marten, to engineer a meeting in a café. Mrs de Selliers hired a second company, Blackstone Consultancy, in 2021 to investigate the couple’s “pattern of life”. The resulting investigation, dubbed “Operation Lynx”, lasted two months, and more photographs were taken. The retrial will continue on Monday. Source link #Mark #Gordon #previously #convicted #***** #Bailey #retrial #told Pelican News View the full article at [Hidden Content]

Expedition 33 interview: Sandfall and Kepler on team size, the return of AA games, and what's next Expedition 33 interview: Sandfall and Kepler on team size, the return of AA games, and what's next Plus: how Kepler plans to be the A24 for games, and why a follow-up to Clair Obscur won’t involve a big studio expansion Source link #Expedition #interview #Sandfall #Kepler #team #size #return #games #what039s Pelican News View the full article at [Hidden Content]

Former Fremantle Dockers footballer Ryan Crowley charged with beating, choking former partner Lauren Dunn Former Fremantle Dockers footballer Ryan Crowley charged with beating, choking former partner Lauren Dunn A former Fremantle Dockers football player allegedly beat then choked a former reality television star several times in an alleged fit of jealousy that left her unconscious. Source link #Fremantle #Dockers #footballer #Ryan #Crowley #charged #beating #choking #partner #Lauren #Dunn Pelican News View the full article at [Hidden Content]

The Game Informer Magazine Archive Expands The Game Informer Magazine Archive Expands Today, we’re happy to reveal an expansion to an already exciting perk we provide to Game Informer account holders. Since Game Informer’s return in March, we’ve offered a backlog archive of all our magazine issues going back to 2012. With today’s expansion of that archive, we’re now growing that archive to include all Game Informer magazine issues, going all the way back to issue number 1, first published in 1991. The expanded archive was put together with help from the Video Game History Foundation, the preeminent organization chronicling, celebrating, and teaching about the history of the video game medium. In particular, special thanks are due to the website Retromags, and fan scanner “bogusfrank,” whose efforts to track down issues and preserve gaming magazine history now help us access our own company’s history and share it with all of you. If you’re a student, teacher, or just an enthusiast for the growing legacy of the video game medium, we encourage you to explore the Video Game History Foundation’s substantial library. For our part, you can now navigate and track down individual issues and articles from Game Informer’s history right here on gameinformer.com by navigating to the magazine archive. Read early game reviews. Discover cover stories for games before they went in new creative directions. Read interviews and profiles of gaming luminaries. In the coming months, we plan to surface specific legacy articles we believe are worth exploring. In the meantime, enjoy this new level of free access to the rich history of gaming we’ve covered over the last 34 years, and thank you for signing up for an account. New print and digital magazine subscriptions are coming very soon, and a Game Informer account is your best window into securing early bird pricing. Source link #Game #Informer #Magazine #Archive #Expands Pelican News View the full article at [Hidden Content]

Exxon confident it will win dispute over Chevron-Hess deal Exxon confident it will win dispute over Chevron-Hess deal By Sheila Dang HOUSTON (Reuters) -The arbitration proceedings in Exxon Mobil’s contractual dispute over Chevron’s planned acquisition of Hess concluded this week and a decision is expected in about two to three months, Exxon senior vice president Neil Chapman said on Thursday. While speaking at a Bernstein conference, Chapman said he was confident that a three-member arbitration panel would rule in Exxon’s favor and determine it had a right-of-first-refusal to purchase Hess’ stake in a Guyana oil joint venture operated by Exxon. Chevron struck a $53 billion deal to buy Hess in October 2023, with the prize asset being Hess’ 30% stake in the prolific Stabroek block off the coast of Guyana. But the deal, key to Chevron CEO Mike Wirth’s strategy to turn around the company’s lagging performance, was delayed when Exxon and CNOOC, the other ********* partner in the block, filed arbitration claims last year asserting pre-emptive rights to Hess’ interest in the project. The fate of Chevron’s acquisition now hangs in the balance as the arbitration panel deliberates. “We remain confident that the arbitration will confirm the Stabroek right of first refusal does not apply to the merger,” a Hess spokesperson said. Chevron did not immediately respond to request for comment. Chapman said there would be no change if Chevron wins and gains entry into the Stabroek block, even as he expressed confidence that Exxon would prevail in the arbitration proceedings. “But if the judges decide that’s not the case, then we get a new partner. Business carries on as normal,” he said. (Reporting by Sheila Dang in Houston; Editing by Tomasz Janowski, Franklin Paul and Mark Porter) Source link #Exxon #confident #win #dispute #ChevronHess #deal Pelican News View the full article at [Hidden Content] For verified travel tips and real support, visit: [Hidden Content]

Gory Horror Fans Shouldn’t Sleep on Enigma of Fear Gory Horror Fans Shouldn’t Sleep on Enigma of Fear SarwarRon|156d ago |Review|0| ▼ Info Add Alt Source NoobFeed editor Joy writes – Enigma of Fear stands out with its engaging puzzles, immersive atmosphere, and unique blend of exploration and horror. It’s a memorable experience, worth the time for fans of the genre. Enigma of Fear PC noobfeed.com Read Full Story >> [Hidden Content] noobfeed.com Source link #Gory #Horror #Fans #Shouldnt #Sleep #Enigma #Fear Pelican News View the full article at [Hidden Content]

Target’s Big Bet: Is It a Cheap Stock or a Value Trap? Target’s Big Bet: Is It a Cheap Stock or a Value Trap? Target Corporation (NYSE:) investors find themselves stuck at a crossroads. The retailer’s stock, trading around $96.00 in late May 2025, has seen a decline of approximately 28% year-to-date, reflecting market concerns following the release of the first-quarter 2025 financial update. However, Target is not standing still. Instead, they are ramping up the pace. The company has unveiled a new strategic initiative designed to enhance growth and operational efficiency. This raises a critical question: Does the current stock price present a discounted opportunity for a company actively working on a comeback, or do underlying challenges suggest continued caution? Target’s Financial Check-Up Target’s financial results for the first quarter of fiscal 2025 offer insight into the recent stock performance. Net sales were $23.8 billion, a 2.8% decrease from last year’s *******. Comparable sales, a key retail metric tracking sales at established stores and online, fell by 3.8%. This decline was primarily due to a 5.7% drop in comparable sales from physical stores. However, there was a brighter spot: digitally originated comparable sales grew by 4.7%. This indicates continued strength in Target’s online operations. Regarding profitability, Target’s adjusted earnings per share (EPS) was $1.30. This figure did not meet Target’s analyst expectations, which were around $1.65. The company’s standard GAAP EPS was $2.27, significantly helped by a one-time gain from a litigation settlement. Reflecting on these results, Target’s CEO spoke of a “highly challenging environment” and acknowledged that sales “fell short of our expectations.” Looking ahead, the company provided cautious guidance for fiscal 2025, forecasting a low-single-digit percentage decline in sales and adjusted EPS between $7.00 and $9.00. These figures have shaped the current cautious investor sentiment. Target’s New Enterprise Acceleration Office In a direct move to address performance and future growth, Target announced a major strategic initiative on May 21, 2025: the formation of a multi-year Enterprise Acceleration Office. This office is central to the company’s plan to improve its operational effectiveness. Chief Operating Officer Michael Fiddelke will spearhead this effort. The office aims to drive even greater speed and agility across Target, helping it deliver faster progress on its growth roadmap. This includes simplifying internal processes and more effectively leveraging technology and data. CEO Brian Cornell highlighted the initiative’s importance, calling it an “extension of our roadmap for growth” and praising Fiddelke’s “track record of simplifying complexity.” The goal, Cornell stated, is to build “operational muscles that clear the way for our talented team to deliver for our guests while accelerating our performance and growth.” For investors, this initiative signals a proactive approach from management. If successful, a more agile Target could adapt more quickly to changing consumer demands, manage inventory more effectively, and improve profitability, all factors that could positively impact earnings and the stock’s value. Is Target Stock a Potential Value or Persistent Risk? With Target’s stock price near the lower end of its 52-week range ($87.35 – $167.40), some investors may consider it undervalued, especially if new strategies prove effective. A key valuation tool is the price-to-earnings ratio (P/E), which shows how much investors pay per dollar of a company’s earnings. Target’s trailing P/E is around 10.17. A lower P/E can indicate a stock is priced modestly relative to its profits. For comparison, competitor Walmart (NYSE:) has recently had a P/E in the mid-to-high 30s, while Target’s own P/E has historically been in the mid-to-high teens. If the “Enterprise Acceleration Office” helps boost future earnings, the current P/E could look very appealing in retrospect. Look Out for Target’s Potential Roadblocks Despite proactive measures, Target does face challenges: Economic Climate: Ongoing inflation could continue to make consumers cautious about spending, especially on non-essential items. Broader economic conditions and consumer sentiment are significant external factors that influence the market. Strategy Execution: The “Enterprise Acceleration Office” is a promising initiative, but successfully implementing large organizational changes takes time and carries inherent risks. Competitive Market: The retail sector remains fiercely competitive, requiring constant innovation. Target’s current stock position reflects recent sales pressures that have prompted a clear strategic response from management. The “Enterprise Acceleration Office” is a key development for investors to monitor. If Target’s leadership effectively implements its plans to boost speed and agility, the current market valuation could present a compelling long-term consideration, despite prevailing uncertainties. The focus for investors must now shift to observing tangible progress from these new initiatives. Original Post Source link #Targets #Big #Bet #Cheap #Stock #Trap Pelican News View the full article at [Hidden Content]

Jeep reveals new Cherokee SUV, confirms hybrid model Jeep reveals new Cherokee SUV, confirms hybrid model 2025 Jeep Cherokee SUV Stellantis DETROIT — Jeep on Thursday revealed the first details and image of its new Cherokee SUV, which the company expects to assist in the brand’s turnaround when it arrives later this year. The Stellantis brand said the new midsize SUV will feature a hybrid powertrain option but declined to specify if it would be a traditional hybrid or plug-in hybrid electric vehicle (PHEV), which the company currently offers on several SUVs. “The all-new Jeep Cherokee headlines our efforts to deliver more product, innovation, choice and standard content to customers than ever before,” Jeep CEO Bob Broderdorf said in a statement. “Jeep Cherokee will boast competitive pricing that strikes at the core of the largest vehicle segment and sits perfectly between Jeep Compass and Jeep Grand Cherokee to bolster our winning mainstream lineup.” Affordability has been a problem for Jeep sales amid price increases in recent years. An entry-level model of the Cherokee started around $30,000 for the 2022 model year, according to Cars.com. That is close to the current Jeep Compass at about $27,000. The 2025 Grand Cherokee starts at roughly $36,500. The company declined to release other details of the vehicle, including its production location. Analysts and union officials have said the new SUV is expected to be produced at a plant in Mexico — a decision that was made prior to President Donald Trump’s election and ongoing automotive tariffs of 25% on imported vehicles into the U.S. 2019 Jeep Cherokee Trailhawk Source: Fiat Chrysler The last generation of the Cherokee was produced at a plant in Illinois, which has been idled since the vehicles was discontinued in early 2023 amid cost-cutting efforts and production realignments. The cancellation of the Cherokee and a smaller SUV called the Renegade after the 2023 model-year contributed to ongoing sales declines for the brand. Jeep, a coveted brand in the automotive industry, has reported six consecutive years of U.S. annual sales declines, with a 10% decline through the first quarter of this year. The SUV brand is expected to be a priority for incoming Stellantis CEO Antonio Filosa, who was leading Jeep’s turnaround before being promoted last year to lead the company’s Americas region. Source link #Jeep #reveals #Cherokee #SUV #confirms #hybrid #model Pelican News View the full article at [Hidden Content]

Check Out This Switch 2 Exclusive’s Launch Trailer Check Out This Switch 2 Exclusive’s Launch Trailer Mario Kart World isn’t the only racing game coming exclusively to Switch 2 when the console launches next week. Fast Fusion is the latest entry in the F-Zero-inspired Fast series, and a new launch trailer gives us a closer look at what we can expect from the racing game. The video, which you can watch in the embed below, shows off how the Switch 2 is powering Fast Fusion high-speed hovercar racing. In addition to giving a sense for how the racing gameplay will look, the trailer also reveals some of the new environments and tracks coming with the game. Gameplay footage from the trailer is running at 4K/60FPS, which the game will support out of the box. We also get a glimpse of how vehicle creation will work in the game. Fast Fusion is a third-party game, developed by Shin’en Multimedia, and so this marks one of the first looks at a third-party Switch 2 exclusive that we’ve seen. As such, the trailer gives us some insight into how non-Nintendo developers might be able to take advantage of the Switch 2’s improved hardware. Fast Fusion launches on June 5 concurrently with the Switch 2, and it’ll cost $15. It is the follow-up to Fast RMX, which launched on the original Switch in 2017 to decent critical reception. Fast Fusion is one of the few true Switch 2 exclusives among the console’s launch-day lineup. If you’re lucky enough to have grabbed a Switch 2 preorder, check out all of the Switch 2 games confirmed so far and the original Switch games that are getting updated versions. While preorders have been sold out for a while in the United States, you can still grab accessories like the official Switch 2 camera. Source link #Check #Switch #Exclusives #Launch #Trailer Pelican News View the full article at [Hidden Content]

Salesforce’s Stock Price Presents an Opportunity to Buy Salesforce’s Stock Price Presents an Opportunity to Buy Salesforce Inc (NYSE:)’s stock price is rebounding from the April lows, and the move is just getting started. The company is a leader in AI-assisted data management and CRM services, an industry that is still in the earliest phases of adoption. Among the critical takeaways is that its unified, AI-powered platform is gaining traction and driving sustainable growth. That growth will be accelerated in the next fiscal year due to acquisitions such as Informatica, a business specializing in unifying diverse data assets, which will help sustain a robust cash flow and capital return. The analysts’ response to the Q1 results and guidance update is mixed, with equal numbers of price target reductions and increases, and bearish bias due to a single downgrade. However, the takeaway for investors is that this stock is still pegged at a Moderate Buy, it is one of the highest-rated stocks tracked by MarketBeat, and the consensus price target forecasts a new all-time high. The net result of the revisions is a narrowing of targets around the consensus $345, aligning with current all-time highs, which would yield a 25% gain upon reaching it, with most revisions leading to an above-consensus range. Salesforce Gains Traction With AI in Q1 Salesforce’s Q1 release and guidance update were good. The company produced better-than-expected results and improved the guidance, providing no reason for the post-release price pullback that ensued. The company grew its revenue by 7.7% to $9.83 billion, outpacing MarketBeat’s consensus by nearly 100 basis points, on strength in the core business, led by newer and new offerings, including Data Cloud and Agentforce. Total Data Cloud and AI-related spending grew by 120% YOY, with more than 60% of new deals including the service. The margin news is also good. The company widened its gross and operating margins to drive accelerated growth in the core business. The only bad news is that increased marketing and higher taxes cut into the cash flow, leaving it up only 4% compared to the prior year. The critical detail is that both cash flow and free cash flow are growing, which helps sustain the outlook for capital returns. The dividend yield isn’t robust, at just over 0.6% in late May, but it is reliably safe, accounting for less than 15% of the F2026 earnings forecast and compounded by share buybacks. The buybacks are more substantial, reducing the share count by an average of 1.5% for the quarter. They are expected to continue robustly this year and for the foreseeable future. Regarding dividend growth, Salesforce has only paid its distribution for five quarters, but has already set the precedent, indicating that a path of annual distribution increases can be expected. Salesforce’s balance sheet provides no red flags for investors. The highlights include reduced assets related to share buybacks, offset by a reduction in liability, steady equity, and a 1.5% decrease in shares. The critical details are that cash is ample and leverage is low, with long-term/non-current debt under 0.15x equity and a balance sheet with net cash, leaving the company in a fortress-like financial condition. The Technical Outlook: Salesforce Pulls Back Into a Buying Opportunity Investors who missed out on an entry into CRM stock earlier this year have another opportunity in June. The market for this stock pulled back sharply following the release, setting up an attractive price point. The risk is that this stock will decline to retest its recent lows before the subsequent rebound begins. However, the risk of a lower low is minimal due to the favorable growth outlook, robust cash flow, and positive analyst sentiment. The more likely scenario is that this stock will begin to rebound before retesting the low. Original Post Source link #Salesforces #Stock #Price #Presents #Opportunity #Buy Pelican News View the full article at [Hidden Content] For verified travel tips and real support, visit: [Hidden Content]

Harvard Is Trying to Resist Trump. It Might Not Be Working. – The New York Times Harvard Is Trying to Resist Trump. It Might Not Be Working. – The New York Times Harvard Is Trying to Resist Trump. It Might Not Be Working. The New York TimesLive updates: Harvard graduation, Trump admin international student ban case hearing CNNWhy Is the White House Targeting International Students? The New York TimesOn graduation day, Harvard’s lawyers head to court to defend foreign students from Trump administration policy ABC NewsJudge to block Trump admin’s Harvard foreign students ban Fox News Source link #Harvard #Resist #Trump #Working #York #Times Pelican News View the full article at [Hidden Content]

2025 Nintendo Switch 2 Game Release Schedule 2025 Nintendo Switch 2 Game Release Schedule After years of speculation and rumor, Nintendo’s Switch 2 is finally, nearly upon us. The console exists (or will exist soon) and with it will come a collection of games. Some will be available on launch day, others will be available in the console’s launch window in the following weeks and months. And for the To Be Announced section below, know that while we don’t have exact dates for those games yet, we do know they will be releasing in 2025. To help track what Switch 2 games will be available when, we’ve made a dedicated Switch 2 version of our 2025 Video Game Release Schedule. You can find the list of launch games and beyond below, and rest assured that we will update this list throughout the year. If you’re planning on getting a Switch 2 when it launches on June 5, we look forward to you revisiting this list to see what you will be able to play on it. Launch Day Mario Kart World Launch Day June Tamagotchi Plaza June July Donkey Kong Bananza July August Kirby and the Forgotten Land August September Star Wars Outlaws September October Dragon Quest I & II HD-2D Remake October To Be Announced Witchbrook To Be Announced Source link #Nintendo #Switch #Game #Release #Schedule Pelican News View the full article at [Hidden Content]

REVIEW: beauty and powerful poignancy in ****** Swan State Theatre Company’s Blue starring Owen Hasluck REVIEW: beauty and powerful poignancy in ****** Swan State Theatre Company’s Blue starring Owen Hasluck ****** Swan State Theatre Company’s production of Thomas Weatherall’s Blue an unrelenting emotional force bound to inspire difficult yet vital conversation. Source link #REVIEW #beauty #powerful #poignancy #****** #Swan #State #Theatre #Companys #Blue #starring #Owen #Hasluck Pelican News View the full article at [Hidden Content]

CD Projekt RED community manager praises Switch 2 controls CD Projekt RED community manager praises Switch 2 controls CD Projekt Red’s community manager discusses his favorite aspects of Cyberpunk 2077’s launch on the Nintendo Switch 2. Source link #Projekt #RED #community #manager #praises #Switch #controls Pelican News View the full article at [Hidden Content]

Should You Forget Coca-Cola? Why You Might Want to Buy This Unstoppable Growth Stock Instead. Should You Forget Coca-Cola? Why You Might Want to Buy This Unstoppable Growth Stock Instead. Coca-Cola is one of the dominant consumer staples companies. But it’s not the only one, and its stock is looking a little expensive today. Another famous name — Hershey — offers a high yield and attractive valuation. 10 stocks we like better than Coca-Cola › Coca-Cola (NYSE: KO) is a great business, but that doesn’t mean it is a great stock to own. In fact, to paraphrase famous value investor Benjamin Graham, overpaying for a great company can turn it into a bad investment. If you are considering this consumer staples giant, here’s why you might be better off buying something completely different. Coca-Cola makes beverages. In fact, it is one of the largest beverage makers on the planet, with a distribution network that is top-notch, a powerful marketing team, and strong R&D skills. As a business, it is highly attractive. But what about as an investment? Image source: Getty Images. Right now, Coca-Cola’s price-to-sales, price-to-earnings, and price-to-book value ratios are all above their five-year averages. It is hard to escape the fact that the stock is expensive today. If you bought it and held it for long enough, you’d probably end up OK, but overpaying could lead to some near-term trepidation if the stock’s valuation reverts back toward the mean. If you are seeking a stock that looks attractively priced, you’ll be better off with The Hershey Company (NYSE: HSY). Despite material cost headwinds, this confection maker is still growing its business. That speaks to a potentially bright future if its valuation metrics return to their longer-term averages. Starting with the stock price, Hershey’s shares have fallen around 45% from the all-time high they reached in 2023. That has pushed the dividend yield up to a historically high 3.6%. The stock’s price-to-sales, price-to-earnings, and price-to-book value ratios are all below their five-year averages. Essentially, Hershey looks cheap while Coca-Cola looks expensive. There’s a reason, of course. Hershey is facing a severe cost headwind thanks to the massive increase in the price of cocoa. Although revenue is expected to grow at least 2% in 2025, the company’s adjusted earnings are projected to fall in the mid-30% range. Investors are reacting accordingly and selling the stock. But that’s an opportunity for long-term growth investors. Indeed, the current headwinds haven’t stopped Hershey from growing its business. It has recently added the Sour Strips brand to its confection operation and has agreed to buy LesserEvil, which will expand its presence in the salty snack category. In other words, this food maker is taking the long view even as it deals with adversity. That, plus a strong balance sheet, should reassure investors that the currently struggling business will rebound once the cocoa market becomes more rational. Story Continues To be fair, cocoa comes from trees, so it could take a little while for commodity prices to rationalize. There’s probably no rush to buy Hershey’s stock. However, acting now gets you in the door and allows you to collect a historically high yield while you await better days. And you’ll get to benefit from the growth via acquisition that’s being hidden by the market’s cocoa concerns. If you wait too long, meanwhile, you could miss out entirely on this unstoppable growth stock. It’s probably better to be a little early than miss out because you wait too long. Before you buy stock in Coca-Cola, consider this: The Motley Fool Stock Advisor analyst team just identified what they believe are the 10 best stocks for investors to buy now… and Coca-Cola wasn’t one of them. The 10 stocks that made the cut could produce monster returns in the coming years. Consider when Netflix made this list on December 17, 2004… if you invested $1,000 at the time of our recommendation, you’d have $651,761!* Or when Nvidia made this list on April 15, 2005… if you invested $1,000 at the time of our recommendation, you’d have $826,263!* Now, it’s worth noting Stock Advisor’s total average return is 978% — a market-crushing outperformance compared to 170% for the S&P 500. Don’t miss out on the latest top 10 list, available when you join Stock Advisor. See the 10 stocks » *Stock Advisor returns as of May 19, 2025 Reuben Gregg Brewer has positions in Hershey. The Motley Fool has positions in and recommends Hershey. The Motley Fool has a disclosure policy. Should You Forget Coca-Cola? Why You Might Want to Buy This Unstoppable Growth Stock Instead. was originally published by The Motley Fool Source link #Forget #CocaCola #Buy #Unstoppable #Growth #Stock Pelican News View the full article at [Hidden Content] For verified travel tips and real support, visit: [Hidden Content]

Goddess of Victory: Nikke strikes a home run with new baseball-themed update Goddess of Victory: Nikke strikes a home run with new baseball-themed update Goddess of Victory: Nikke is set to introduce a new baseball-themed update Grab a new cheerleader outfit for Noir and the No. 77 Batter skin for Blanc There’s also a brand-new SSR Nikke called K, with a chip on her shoulder and electric abilities It’s a known fact that, for Japanese sports fans, there’s nothing quite as good as baseball. Having seen the huge crowds drawn to the Tokyo Dome myself, it doesn’t surprise me that Goddess of Victory: Nikke is celebrating the start of summer with their own baseball-themed update. Now, unfortunately, you won’t get a themed mode with this update. But fans will be able to grab swanky new looks for their favourite Nikkes, all with a sports flair to them. Noir serves as a cheerleader, while Blanc lines up their strike as the No. 77 Batter. A ‘7 Days Login Event’, which runs from May 29th to June 20th, offers you the chance to grab Noir’s skin for free. Better yet, this update also introduces a new SSR Nikke. K (no, not Tommy Lee Jones, I’m afraid) is an electric attacker with a chip on her shoulder and a distaste for humans that she keeps well-hidden, knowing she’d be on the scrap heap if it were revealed. Batter up! Considering we see other Nikkes in baseball skins for the trailer linked above, it wouldn’t surprise me if we saw other characters get cosmetics down the line. But for the moment, it’s Noir and Blanc taking a starring role in this update. If you’re planning on jumping into Goddess of Victory: Nikke for this event, but don’t know where to start with the variety of characters on offer, don’t forget to check out our Goddess of Victory: Nikke tier list and reroll guide! Or if you’re simply not fussed and want to try something new, why not dig into our list of the top five new mobile games to try this week for some of the best launches from the last seven days, all hand-picked by us here at PG! Source link #Goddess #Victory #Nikke #strikes #home #run #baseballthemed #update Pelican News View the full article at [Hidden Content]

Sinner eases through as Gasquet bids emotional adieu Sinner eases through as Gasquet bids emotional adieu World No.1 Jannik Sinner has cruised into the third round of the French Open, bringing down the curtain on Richard Gasquet’s career for good measure. Gasquet, the veteran Frenchman, had announced he would retire after his 22nd Roland Garros campaign, and would have needed to pull off a major shock to prolong his last tournament. There was to be no fairytale in Paris for the 38-year-old, who bowed out with one final flourish of that inimitable one-handed backhand in a 6-3 6-0 6-4 defeat. Sinner is bidding for the second part of a potential calendar-year grand slam and to become the first Italian men’s champion since 1976. But the 23-year-old knew this was Gasquet’s day, and said: “Congrats for everything you have done, an amazing career, but most importantly an amazing person.” Gasquet, received a standing ovation and an honorary trophy during a post-match ceremony on Court Philippe-Chatrier, said: “I couldn’t dream of a better ending than having my last match on this court. I will keep loving tennis until the end of my life.” Third seed Alexander Zverev, last year’s runner-up, dropped the first set against Dutchman Jesper De Jong but hit back to win 3-6 6-1 6-2 6-3. “It wasn’t the best set of tennis, the first,” Zverev said in a post-match interview. “I am still having chances not playing great. Once I found my rhythm I felt very comfortable.” “I am happy about my level. He played a fantastic match also. I hope I can continue playing great tennis and we will see what I can achieve.” French 14th seed Arthur Fils came through a dramatic four-and-a-half-hour marathon against Spain’s Jaime Munar. The 20-year-old needed treatment for a back injury during the third set and could barely move in the fourth, but the painkillers kicked in just in time for him to complete a 7-6 (7-3) 7-6 (7-4) 2-6 0-6 6-4 win. Portuguese qualifier Henrique Rocha, ranked 200th in the world, staged a memorable comeback to beat 19th seed Jakob Mensik 2-6 1-6 6-4 6-3 6-3. Rocha, who is playing in a Grand Slam’s main draw for the first time, will face Alex de Minaur’s conqueror, Alexander Bublik, in the third round. Source link #Sinner #eases #Gasquet #bids #emotional #adieu Pelican News View the full article at [Hidden Content]

Mindseye Director Leslie Benzies Talks AI’s Growth While Making a Game About AI and Technology Mindseye Director Leslie Benzies Talks AI’s Growth While Making a Game About AI and Technology isarai1d 15h ago This game releases in 13 days and we still don’t really have a clear idea on what it is exactly. Everytime a game releases without some extended gameplay to show us what the actual loop looks like it turns out they were hiding a *****. I hope im wrong, we could use more urban open world games to at least give us something other than GTA alone, but the marketing for this game is weird Source link #Mindseye #Director #Leslie #Benzies #Talks #AIs #Growth #Making #Game #Technology Pelican News View the full article at [Hidden Content]

Stephen Miller’s wife leaves the White House to work for Elon Musk ‘full time’ Stephen Miller’s wife leaves the White House to work for Elon Musk ‘full time’ The wife of Stephen Miller, President Donald Trump’s chief policy head, has reportedly left the White House to work for Elon Musk. Kate Miller was working as an adviser for Musk’s Department of Government Efficiency but now that the mogul’s time in Washington, D.C., is up, she is working for him “full time,” CNN reported. Sources told the network that Kate Miller has been taking the lead on communications, including arranging Musk’s interviews in connection with SpaceX’s Starship launch. She shared content on her X account from Musk’s interviews at SpaceX’s Starbase in Texas and a quote from him about how “DOGE is a way of life, like Buddhism.” Musk officially announced his departure from the White House Wednesday after his 130-day term as a special government employee came to an end this week. Kate Miller was also considered a special government employee, which enables private sector individuals to work for the government for a limited number of days per year. Kate Miller, the wife of White House deputy chief of staff, Stephen Miller, was working as an adviser for Elon Musk’s Department of Government Efficiency. She has reportedly gone to work for him ‘full time.’ (Getty Images) The Independent has contacted the White House for comment. She was assigned to head up Musk’s communications at DOGE before his transition to the White House, according to a WIRED report in February. Her relationship to Musk was “central to DOGE’s interactions with the rest of the White House,” an official told the outlet. “She’s the key intermediary, delivering the DOGE message of the day to the rest of the administration. She’s also the one to deliver any sensitive or bad news to Musk.” Stephen Miller and his wife of five years were both “pivotal figures in Musk’s orbit” during his stint at the White House, WIRED reported. The couple met in 2017 when their paths crossed as they carried out some of the first Trump administration’s most controversial immigration policies. Kate Miller had landed the role of deputy press secretary at the Department of Homeland Security, while Stephen Miller was forming the administration’s family separation policy, which sparked international outcry. The work led them to the Southern border. She went on to become press secretary to former Vice President Mike Pence in 2019. The couple married in 2020 at the Trump International Hotel in Washington, D.C. and have three children together. Kate Miller had landed the role of deputy press secretary at the Department of Homeland Security in 2017, while Stephen Miller was forming the administration’s controversial family separation policy. Their work led them to the Southern border. (CQ-Roll Call/Getty) Musk’s departure – with Kate Miller in tow – comes just a day after the Tesla CEO said he was “disappointed” in what the president refers to as his “big beautiful bill.” The bill includes tax cuts and stepped-up efforts to enforce immigration restrictions. Musk told CBS that the legislation was a “massive spending bill” that expands the federal deficit and “undermines the work” of DOGE. Stephen Miller hit back at the claim without naming Musk directly and said that the bill would reduce the deficit. “DOGE cuts are to discretionary spending. (Eg the federal bureaucracy). Under senate budget rules, you cannot cut discretionary spending (only mandatory) in a reconciliation bill,” he posted on X Tuesday, shortly after Musk’s comments aired. “So DOGE cuts would have to be done through what is known as a rescissions package or an appropriations bill.” Musk officially announced his departure from the White House Wednesday after his 130-day term as a special government employee comes to an end this week. (Copyright 2025 The Associated Press. All rights reserved) After Musk shared news of his departure on X Wednesday evening, Stephen Miller responded in a post that praised DOGE for being “among the most valuable services ever rendered to government.” Musk complained that he faced an “uphill battle” in politics. “The federal bureaucracy situation is much worse than I realized,” the billionaire told The Washington Post. “I thought there were problems, but it sure is an uphill battle trying to improve things in D.C., to say the least.” “In terms of political spending, I’m going to do a lot less in the future,” he said earlier this month. “I think I’ve done enough.” The Tesla CEO didn’t get anywhere near his initial goal of cutting $1 trillion in government spending. After four months of chaos, during which time he posed with a chainsaw, wore a cheese hat in support of a failed conservative candidate in the Wisconsin Supreme Court race, and held a Tesla car show in front of the White House, Musk is turning his attention back to his business empire. Source link #Stephen #Millers #wife #leaves #White #House #work #Elon #Musk #full #time Pelican News View the full article at [Hidden Content]

Tiny Tina’s Wonderlands is one of two free games on the Epic Games Store this week Tiny Tina’s Wonderlands is one of two free games on the Epic Games Store this week The next free Epic Games Store titles have gone live. Tiny Tina’s Wonderlands and Limbo are the latest free games, and both are now available to claim for the next seven days. The games replace Sifu, Deliver at All Costs and Gigapocalypse, which were last week’s free games. The timer to redeem both games will end on June 5 at 11am ET / 4pm BST, after which they will become full price again, and will be replaced with new free games. As is always the case, the Epic Games Store‘s free weekly game offer allows players to claim the games with no other purchase needed. The games will then permanently be added to their Epic Games Store library. Tiny Tina’s Wonderlands is a spin-off based on the Borderlands series. Billed as a “high-fantasy take on a looter shooter” featuring characters from the Borderlands games, it includes a story-driven co-op campaign for up to four players, as well as repeatable end-game content The game takes place inside a Dungeons and Dragons-like game called Bunkers and Badasses. The distinction, other than a legal one, is that instead of playing a turn-based RPG like D&D, it’s a first-person shooter like Borderlands. Limbo, which was originally released on Xbox 360 in 2010, is a critically acclaimed narrative platformer which was heavily promoted by Xbox at the time and received numerous awards. The ******-and-white game follows a young boy as he makes his way through a dangerous landscape in search of his sister. Source link #Tiny #Tinas #Wonderlands #free #games #Epic #Games #Store #week Pelican News View the full article at [Hidden Content]

Judge extends order blocking Trump administration from revoking Harvard's ability to enroll foreign students – NBC News Judge extends order blocking Trump administration from revoking Harvard's ability to enroll foreign students – NBC News Judge extends order blocking Trump administration from revoking Harvard’s ability to enroll foreign students NBC NewsJudge Rejects Trump Effort to Block Harvard From Enrolling Foreign Students: Live Updates The New York TimesTrump’s ban on foreign Harvard students halted by judge while lawsuit proceeds AxiosOn graduation day, Harvard’s lawyers head to court to defend foreign students from Trump administration policy ABC NewsLive updates: Harvard graduation, Trump admin international student ban case hearing CNN Source link #Judge #extends #order #blocking #Trump #administration #revoking #Harvard039s #ability #enroll #foreign #students #NBC #News Pelican News View the full article at [Hidden Content]