Ferrari Aims to Challenge Tesla with Launch of Electric Supercar in 2025
Ferrari's CEO expects high electric supercar demand, plans 2025 launch and new factory in Italy. Sales and EPS beat estimates.
Bilibili’s DAUs Surge 9%, CEO Highlights Community Growth Despite Missed Revenue Estimates
Chinese video-sharing platform Bilibili Inc reported 12% revenue growth in Q1 2024, but missed analyst estimates. DAUs and VAS revenues increased, while stock price decreased.
What’s Going On With Alibaba Stock On Thursday?
Alibaba Group (NYSE: BABA) is considering a $5 billion convertible bond sale, following rival JD's move. This could fund share repurchases and growth. BABA's ADRs have dropped 6.6% this week. Reports of bearish sentiment from U.S. short sellers may have caused this. BABA reported 7% revenue growth in Q4 2023. BABA stock has lost 0.24% in the last 12 months.
What’s Going On With Nvidia Supplier Taiwan Semi Stock On Thursday?
TSM predicts 10% revenue growth in semiconductor industry, driven by AI. Plans to triple 3nm capacity by 2024. Stocks up 73% in past year.
Top Chipmakers Forecast Revenue Growth as AI and Consumer Product Demand Rebounds: Report
Taiwan Semiconductor's supplier Applied Materials is expected to see a revenue increase this quarter due to rising demand for AI and consumer products.
Tesla’s AI Investments and Upcoming Shareholder Vote Would Determine Future Growth: Morgan Stanley Analyst
Morgan Stanley analyst reiterates Overweight rating on Tesla with $310 target. AI investments crucial for Musk's broader businesses.
Stryker Stock Is Attractive Considering Its Double-Digit Organic Revenue Growth – Analyst Upgrades Stock
Needham analyst upgrades SYK to Buy, expects new products & M&A to drive upside in revenue & EPS. Strong backlog & growth potential make shares attractive.
Nvidia Chooses Taiwan Semiconductor’s CoWoS-L For Blackwell In Major Capacity Boost: Analyst
TSMC is still on track to double CoWoS capacity to 40K in 2024. Between 2022 and 2024, TSMC's CoWoS capacity CAGR was actually 100%.
AI-Driven Growth Set To Strengthen Google’s Ad Revenue: Goldman Sachs
Google AI tools & services launch for digital advertising. AI improves ad spend, streaming video & content. Alphabet well-positioned for AI theme.
Why Is Shopify Stock Trading Higher On Wednesday?
Shopify (SHOP) stock upgraded to Buy by Goldman Sachs analyst with a price target of $74. Analyst notes investments will drive durable growth.