Newsfeeds Archive - Page 41 of 503

2 minute read

Alibaba and Lenovo Team Up to For AI PCs, Setting New Standards in Tech

April 19, 7:30 AM

Alibaba and Lenovo team up to develop AI products, including AI PCs, to compete in the growing field of generative AI. IDC predicts they will dominate 85% of new PC sales in China. Microsoft, Apple, and other tech companies are also incorporating AI into their devices.

AAPL

2 minute read

Google’s DeepMind to Lead Unified AI Charge as Company Seeks to Outpace Microsoft

By Anusuya Lahiri

April 19, 7:07 AM

Sundar Pichai, Google CEO, announces leadership and operational restructuring to accelerate AI development in response to criticism.

AAPL

2 minute read

Microsoft’s Strategic Emphasis on AI and Cloud Services Signals Strong Future Performance: Analysts

By Anusuya Lahiri

April 18, 2:56 PM

Citigroup analyst maintains Microsoft with a Buy and lowered price target from $480 to $475, expecting strong Azure growth, while BofA analyst reiterates Buy with $480 target.

IXN

2 minute read

Amazon Analyst Predicts Lead in AI Revolution with Strategic Cost Efficiency and Tech Innovations

By Anusuya Lahiri

April 18, 2:36 PM

Analyst reiterates Buy rating for AMZN with $205 PT. Raised profit estimates for 2023-2025 due to cost-cutting & strategic position in GenAI.

AMZN

2 minute read

News
Tech

AMD and Intel Lead the AI Revolution in Data Centers, Highlighting Advanced GPU Breakthroughs

By Anusuya Lahiri

April 18, 12:57 PM

Executives from AMD and Intel discussed AI's importance in transforming data centers, highlighting energy efficiency and the need for upgrades.

AMD

1 minute read

What’s Going On With Badger Meter Stock Thursday?

By Anusuya Lahiri

April 18, 12:52 PM

Badger Meter reported 23% sales growth YoY, beating consensus. EPS of $0.99 also exceeded expectations. Utility water sales increased 29%, while flow instrumentation sales declined 3%. Gross margin decreased, but operating margin improved. Stock price rose.

AHOY

2 minute read

What’s Going On With Apple Supplier Taiwan Semi Stock On Thursday?

By Anusuya Lahiri

April 18, 12:47 PM

TSMC exceeded Q1 expectations with strong demand from AI firms contributing to 65% of revenue. Apple and Nvidia are key customers. Q2 forecast is robust, driven by advanced technologies and expanded customer base. AI servers to double revenue within a year. TSMC reaffirms capital expenditure and predicts low-to-mid 20% revenue increase in 2024. Analysts view TSMC favorably. TSM stock gained 58% in the last 12 months. Investors can gain exposure through SMH and VWO ETFs. TSM shares closed lower at $133.80 premarket.

AAPL

1 minute read

Infosys Stock Falls After Q4 Earnings – What’s Going On?

By Anusuya Lahiri

April 18, 9:23 AM

Infosys (INFY) exceeded revenue expectations, with flat Y/Y growth and increased EPS. TCV of significant deals was $4.5B. FY25 outlook: 1%-3% revenue growth.

DGIN

2 minute read

Amazon Aims to Outdo Walmart’s Retail Game, Boosts Cashierless Tech in Stores

By Anusuya Lahiri

April 18, 8:53 AM

Amazon plans to expand its Just Walk Out cashierless shopping technology to more stores, while also testing smart carts and revamping its Fresh locations.

AMZN