Newsfeeds Archive - Page 43 of 503

1 minute read

EXCLUSIVE: Janover’s Fintech Platform Clocks 766% Growth in Lender Sign-Ups in 2023

April 17, 8:30 AM

Janover Inc (JNVR) saw significant growth in lenders on its fintech platform in 2023, with a 766% increase in banking originator sign-ups and 30% of all active FDIC-insured banks on the platform.

JNVR

2 minute read

Elevated Catastrophe Losses From Hail and Wind Storm Hurt Travelers Companies Q1 Profit, Stock Slides

By Anusuya Lahiri

April 17, 8:19 AM

Travelers Companies (NYSE: TRV) reported mixed first-quarter results, with earnings below expectations. Net written premiums and revenues increased, but core income per share fell below forecast. The company also declared a 5% dividend increase. Stock down 2.81% premarket.

IAK

2 minute read

What’s Going On With Mobileye Global Stock Wednesday?

By Anusuya Lahiri

April 17, 7:37 AM

Mobileye (MBLY) stock up 4.22% on reports of 46 million EyeQ6 Lite chip orders from global clients like Volkswagen and Porsche.

MBLY

2 minute read

Alibaba Leverages Open Source to Supercharge AI

By Anusuya Lahiri

April 17, 7:13 AM

Alibaba reinforces its commitment to open-source development of large language model for AI, with recent releases and partnerships to catch up with global competitors.

BABA

2 minute read

What’s Going On With ASML Stock Wednesday?

By Anusuya Lahiri

April 17, 6:51 AM

ASML reports Q1 2024 net sales of €5.29B, down 21.6% YoY. Net bookings of €3.61B, proposes €6.10 dividend/share for 2023, and expects Q2 net sales of €5.7B-€6.2B.

ASML

2 minute read

Marvell Analyst Tags Stock as Top Pick for AI Boom, Predicts Significant Industry Upswing

By Anusuya Lahiri

April 16, 2:38 PM

Analyst initiates coverage on MRVL with Outperform rating and $88 price target, citing strong outlook for semiconductor sector and Marvell's potential in networking and AI. MRVL stock up 68% in 12 months.

ADI

2 minute read

Google’s Growth Ignited by AI and Premium Video Ads, Analyst Predicts Brighter Future

By Anusuya Lahiri

April 16, 2:19 PM

Stifel analyst maintains Buy rating for Alphabet (GOOGL) and raises price target to $174. Google's strong AI and advertising initiatives support long-term growth. Competitive threat overdone. YouTube TV a top platform. GOOGL shares traded at $154.42.

GOOG

2 minute read

What’s Going On With AMD Stock Tuesday?

By Anusuya Lahiri

April 16, 2:11 PM

AMD announced new Ryzen PRO 8040 Series for business laptops and mobile workstations and Ryzen PRO 8000 Series AI-enabled desktop processor. AI PC shipments expected to account for 22% by 2024. Multiple analysts maintain AMD as top pick, with HSBC upgrading to Buy and $225 price target.

AMD

2 minute read

Adobe’s Latest AI Innovation Promises a New Era for Video Content Creation

By Anusuya Lahiri

April 16, 11:50 AM

Adobe Inc (NASDAQ: ADBE) developing AI model for generating video content, competing with OpenAI and Google. To be integrated into Premiere Pro.

ADBE

1 minute read

Bank of America’s Q1 Consumer Banking Income Takes A Hit, Adds 1M Credit Card Accounts

By Anusuya Lahiri

April 16, 8:46 AM

Bank of America (BAC) reported Q1 net income of $7.2B, beating expectations with EPS of $0.83. Revenue declined, but stock has gained 18% in 12 months.

BAC