EXCLUSIVE: Ideal Power Secures Major Order for Advanced Power Modules, Eyes Early Sales Surge
Global customer orders Ideal Power's SymCool power modules and drivers for industrial markets. B-TRAN tech offers energy savings and cost benefits.
Google Announces Layoffs Across Key Teams as It Gears Up for I/O Developer Conference
Google confirms layoffs in vital teams ahead of annual I/O conference, aiming to align resources with product priorities and reduce bureaucracy.
EXCLUSIVE: KULR and Amprius Join Forces, New Partnership Set to Revolutionize Military and Aerospace Batteries
KULR Technology Group and Amprius Technologies have announced a strategic partnership to integrate Amprius' high-performance cells into KULR ONE Space and Guardian batteries. This will enhance safety and energy density for aerospace and military applications.
Tesla’s Robotaxi Plans: Potential Threat Or Future Partner For Uber?
Post from BofA reiterates Buy rating on Uber with $91 price target. Expecting strong Q1 results, potential partnership with Tesla in long term.
Microsoft, Meta, and Alphabet Ramp Up AI Investments, Spend Over $32B in Q1
Microsoft, Meta Platforms, Google, and other tech giants are investing heavily in AI infrastructure, signaling a shift to AI plumbing with billions of dollars being spent on data centers and other capital expenses.
What’s Going On With SoFi Technologies Stock Monday?
SoFi Technologies Inc (NASDAQ: SOFI) reported Q1 2024 results, beating revenue and EPS estimates. Added 622,000 new members and 989,000 new products. Projects 50% growth for FY 2024 and downgraded EBITDA margin. Stock down 4.07% in premarket.
Why Is ON Semiconductor Stock Trading Higher On Monday?
ON Semiconductor Corp (ON) beat fiscal first-quarter 2024 revenue and adjusted EPS expectations. Revenue growth in Power Solutions Group, decline in adjusted gross and operating margins. Second-quarter guidance below consensus, analyst predicts steady recovery in second half. EV market set to grow 20%+ long-term. ON stock down 13% in last 12 months, can be accessed through QCLN and SHOC. ON shares down 0.37% premarket.
Microchip Technology’s Path To Recovery: Analyst Sees Steady Margins With Ongoing Inventory Management
Neutral rating reiterated for Microchip Technology Inc with $80 price target. Analyst sees potential for a macro recovery in second half of year.
Spotify Co-founder Daniel Ek Cashes Out More Spotify Stock, Shifts Focus to Tech and Climate Startups
Co-founder of Spotify, Daniel Ek, sells $179M worth of shares despite holding 7% stake. Company reports strong Q1 growth and plans to invest $1B in European startups.
Elon Musk’s X Faces Widespread Disruptions, Affecting Users Globally
Elon Musk's X, formerly known as Twitter, experienced outages on Monday with 4,122 users reporting issues. Musk rebranded to promote free speech.