Nvidia Supercharges AI Chatbot with Advanced Models From Google and OpenAI
Nvidia Corp (NASDAQ: NVDA) updates ChatRTX chatbot with more AI models for RTX GPU owners, expanding features and voice query capabilities.
Uber Vs. London’s Black Cab: Company Faces $310M Claim from Drivers
Uber (NYSE: UBER) faces a £250 million lawsuit by over 10,500 London black-cab drivers, accusing the company of unlawfully diverting business from traditional taxi operators.
Super Micro Updates Fiscal Guidance As Nvidia Shifts, 4 Analysts Provide Perspectives
Wedbush analyst maintains Super Micro Computer Inc with Neutral rating and raises price target from $530 to $800, citing sales momentum and concerns about margins and competition in AI server market.
Why Is Software Megacap ADP’s Stock Trading Higher Today?
ADP beat analyst expectations with $5.25B in Q3 revenues and $2.88 EPS. EBIT and net earnings also increased. FY24 outlook includes 6-7% revenue growth and 10-12% EPS growth. Stock gained 12% in past year.
Seagate Poised for Growth with Rising HDD Demand and Advanced HAMR Technology: Analyst
Analyst upgrades Seagate Technology from Neutral to Outperform, with a $100 price target. HAMR technology and demand trends expected to drive profit expansion.
Third Point’s AI Focus Pays Off As Investments in Alphabet and TSMC Propel Q1 Growth
Billionaire investor Daniel Loeb's hedge fund increases investments in Alphabet, TSMC, and LSEG due to their AI-driven opportunities. GOOGL, TSM, LSEG, META, and AMZN show strong Q1 results, while MSFT, META, and GOOGL invest over $32B in AI infrastructure.
CDW’s Challenging Quarter: Missed Sales Targets, Decline Across Key Segments
CDW Corp shares down after reporting lower Q1 2024 results and missing expectations. CFO remains optimistic about future growth.
After Nvidia and Apple, Alibaba Chases Vietnam: New Data Center to Boost Control and Meet Local Laws
Alibaba to build data center in Vietnam to comply with local storage law and meet demand. Other tech firms also diversifying to Vietnam.
Mastercard Says Consumer Spending Is Healthy, Clocks 10% Revenue Growth In Q1
Mastercard Inc (NYSE: MA) reported fiscal Q1 2024 results with net revenues of $6.35B, beating consensus of $6.34B. Adjusted EPS rose 18% to $3.31. Payment network net revenue rose 7%. Outlook: high-single-digit net revenue growth for Q2 and low-double-digit growth for FY2024.
AI Beneficiary Flex Stock Declines After Q4 Print, What’s Going On?
Flex Ltd (NASDAQ: FLEX) reported strong 4Q 2024 results, beating analyst estimates. Gross margin and operating margin also improved. Outlook for 2025 looks positive. Stock declined after earnings.