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Innoviz Technologies Ltd (NASDAQ:INVZ) Q1 2024 Earnings Conference Call May 8, 2024 9:00 AM ET Company Participants Rob Moffatt – VP, Corporate Development and IROmer Keilaf – CEOEldar Cegla – CFO Conference Call Participants Mark Delaney – Goldman SachsAndres Sheppard – Cantor FitzgeraldKevin Cassidy – Rosenblatt SecuritiesKevin Garrigan – WestPark Capital Operator Good morning. I would like to welcome you to our Q1 2024 Earnings Conference Call. Joining us today are Omer Keilaf, Chief Executive Officer; and Eldar Cegla, Chief Financial Officer. Following the opening remarks, we will open the call to your questions. I would like to remind everyone…

Last updated: May 8, 2024 13:50 EDT | 2 min read In the latest Base meme coin pump, new Trump MAGA Base token has skyrocketed ahead of the US Presidential Election.This article will provide an analysis of TRUMP’s current price trends and look to see whether an innovative new meme coin, Dogeverse, represents a more promising investment opportunity at this time. $Trump on base 0x2024 LFG pic.twitter.com/mKP4gj8TUb — 🍊🐉CRYPTO TITAN 💎👑🐉T$UKA (@CRYPTO_TITAN21) May 7, 2024The PoliFi meme coin appears to have gained major traction on BASE after striking a chord with MAGA-minded retail investors enjoying the dip on Base meme…

Tesla will shut its factory near Berlin to all employees Friday when crowds are expected to gather outside its gates to protest against a planned expansion. A stoppage of the plant’s production lines this Friday was announced back in January, CNN affiliate RTL reported late Tuesday, quoting a Tesla (TSLA) spokesperson. But with the protests “in mind,” the electric vehicle maker has decided that all other workers at the factory should also stay at home, RTL said. The assembly lines normally run Monday through Friday. Thursday is a public holiday in Germany, making Friday a so-called “bridge day” between the…

Google’s business is growing at its fastest rate in two years, and a blowout earnings report in April sparked the biggest rally in Alphabet shares since 2015, pushing the company’s market cap past $2 trillion.But at an all-hands meeting last week with CEO Sundar Pichai and CFO Ruth Porat, employees were more focused on why that performance isn’t translating into higher pay, and how long the company’s cost-cutting measures are going to be in place.”We’ve noticed a significant decline in morale, increased distrust and a disconnect between leadership and the workforce,” a comment posted on an internal forum ahead of…

We are exiting our position in Bausch Health , selling 2,930 shares at roughly $7.13. In addition, are buying 95 shares of Abbott Laboratories at roughly $104.53 and 125 shares of GE Healthcare at roughly $81. Following the trades, Jim Cramer’s Charitable Trust will own 895 shares of ABT, increasing its weighting to 2.95% from 2.65% and 1,275 shares of GEHC, increasing its weighting to 3.25% from. The Trust will no longer own a position in BHC. We trimmed our Bausch Health position in late February above $9 per share because we knew the courts were expected to decide on…

The Biden-Harris administration recently announced a finalized retirement rule that will help individuals save for retirement. The Retirement Security Rule updates the definition of fiduciary, a financial manager that follows a certain code of ethics. The amended definition requires financial managers to have set policies that guide them in advising individuals. These policies instruct professionals to provide prudent, loyal and honest advice without hefty fees.”America’s workers and their families rely on investment professionals for guidance as they save for retirement,” Acting Secretary for the U.S. Department of Labor, Julie Su said. “This rule protects the retirement investors from improper investment…

Borrowing money to go to college has closed the door on many major life milestones, including completing a degree program, for most student loan borrowers, a recent Gallup survey said.  Overall, 71% of student loan borrowers who are currently enrolled college students or previously enrolled students who dropped out of their program have had to put off a major life event. Roughly 29% of student borrowers have delayed buying a home, and 28% have put off purchasing a car as a result of student debt. Another 22% have had to stay put in their childhood home, and 20% have delayed…

Mortgage rates climbed again this week, exacerbating the home affordability crisis that is stifling the housing market. Freddie Mac’s latest Primary Mortgage Market Survey, released Thursday, showed that the average rate on the benchmark 30-year fixed mortgage jumped to 7.22% this week from 7.17% last week. The average rate on a 30-year loan was 6.39% a year ago.   The average rate on the 15-year fixed mortgage rose to 6.47% from 6.44% last week. One year ago, the rate on the 15-year fixed note averaged 5.76%. Read the full article here

The daughter of a client called me because she was concerned about how much her mother paid for cataract surgery. She has a Medicare supplement, met her deductible and there shouldn’t be any bills. What is going on? As a nursing student, I cared for several cataract patients. They were admitted to the hospital and, after surgery, had to lay flat on their backs for three days. They were fitted for glasses with “coke-bottle” lenses that looked like the bottom of a soda bottle. Many things have changed since then. A Few Basics about Cataracts Let’s review some facts about…

US, UK and Australian authorities on Tuesday announced sanctions and criminal charges against a 31-year-old Russian man for being the alleged mastermind of a cybercriminal group that has extorted $500 million in ransom payments from thousands of victim organizations in the US and worldwide. Dmitry Yuryevich Khoroshev is accused of developing malicious software, recruiting hackers and overseeing operations for a crime group known as LockBit that has been described by experts as the most prolific ransomware gang in the world. The group’s victims included hospitals, schools and law enforcement agencies, and the hackers caused “broader losses and damage of billions…