What’s Going On With EV Maker Nio Stock Thursday?
Nio Inc (NYSE: NIO) launching its new Onvo brand, offering L60 SUV at a discount compared to Tesla (NASDAQ: TSLA). CEO aims for global sales. NIO stock up.
Microsoft’s AI Ambition And Data Center Growth Side Effects: Emissions
Microsoft's emissions increased by 29.1% due to data center expansion for AI and cloud computing, competing with Amazon and Google. It plans to use 100% carbon-free electricity by 2030.
Visa Rolls Out New Tech Rivaling Apple Pay, Teams Up with Affirm for Easier Transactions
Visa is launching new technology to improve e-commerce, using secure tokens to share customer data. CEO highlights benefits at tech conference.
Nvidia Tops Hedge Fund Buys as Interest in AI Stocks Fuel Market Gains: Bloomberg
Hedge funds increased holdings in AI companies like Nvidia, Amazon, Meta, and Microsoft while reducing positions in other sectors. Analysts predict huge revenue from Nvidia's new GPUs.
Baidu’s Q1 Earnings: Revenue and EPS Beat, CEO Highlights Gen-AI’s Role in Transforming Everyday Life
Baidu's Q1 2024 revenue growth beat analyst estimates, driven by AI Cloud business. Adjusted earnings per ADS also surpassed expectations.
JD.com’s Q1 Earnings: Revenue And EPS Beat, Adj. EBITDA Growth, CEO Credits Focus on User Experience And More
JD.com reported Q1 2024 results, with revenue of $36.02B beating expectations and adjusted net income per ADS of $0.78. Stock gained after results.
Google Advances AI Integration, While Apple May Partner with OpenAI to Enhance Siri, Analysts Say
Analysts reaffirmed Outperform/Overweight/Buy on Alphabet with price targets ranging from $182-$215, citing AI initiatives and integrations at Google I/O.
Nvidia’s New Blackwell GPUs Expected To Boost Future Revenues, Analyst Forecasts
KeyBanc analyst maintains Overweight rating on Nvidia (NVDA) with $1,200 price target. Anticipates strong demand and revenue growth in data center sector.
Amazon’s Upfront Presentation Highlights Strong Push into Movies and Sports Advertising: Analyst
Oppenheimer analyst reiterates Outperform rating on Amazon, highlighting pricey talent, heavy movie focus, and potential for ad revenue growth.
Netflix To Stream 2 NFL Christmas Day Games: Analyst Sees Strong Growth Potential
Netflix to stream exclusive NFL games on Christmas Day, part of strategy to incorporate live programming and attract advertisers. Stock gains.