Newsfeeds Archive - Page 45 of 503

2 minute read

Alibaba Rival Temu Joins Tech Giants List Under EU Scrutiny, Crosses User Threshold for Enhanced Regulation

April 15, 7:26 AM

Temu, rival of Alibaba Group, will face strict EU regulations for online content as its monthly users in Europe surpass 45 million threshold.

BABA

2 minute read

OpenAI Launches First Asian Office in Tokyo Amid Microsoft’s Massive AI and Cloud Push in Japan

By Anusuya Lahiri

April 15, 7:21 AM

Microsoft-backed OpenAI expands to Tokyo, Japan to engage with regional businesses and develop AI solutions. Japan invests in AI despite lagging behind in tech.

AMZN

2 minute read

Salesforce Leverages AI and Data Cloud for Future Expansion, Eyes Significant Margin Gains and Sustained Growth, Analyst Says

By Anusuya Lahiri

April 12, 1:42 PM

RBC analyst reiterated Outperform rating for Salesforce with raised price target. Customers enthusiastic about generative AI, strong margin growth.

CRM

2 minute read

Spotify’s Q1 Outlook: Analyst Anticipates Surge in Subscriber Base and Revenue Per User

By Anusuya Lahiri

April 12, 1:32 PM

Keybanc analyst maintains Overweight rating for Spotify (SPOT) and raises price target from $300 to $350. Positive outlook for 2024-2026 revenue and profitability. Analyst notes potential for stock growth.

NFLX

2 minute read

Marvell Tech Set for Major Growth with AI Accelerators for Amazon, Google, and Potential Microsoft Deal: Analysts

By Anusuya Lahiri

April 12, 12:22 PM

Analyst reiterates Buy rating on Marvell with $95 PT. Marvell's AI event unveils growth opportunities and new customers. Stock gained 80% in 1 yr.

AMZN

2 minute read

LinkedIn Challenges TikTok and Instagram, Launches Thought Leader Ads to Tap Into Influencer Marketing

By Anusuya Lahiri

April 12, 12:18 PM

LinkedIn challenges TikTok and Instagram in influencer marketing with Thought Leader ads, aiming to boost revenue growth and leverage its 1 billion user base.

GOOG

2 minute read

Amazon Invests in Tech to Uplift Workers: New Robotics and AI Create Jobs and Improve Efficiency Across Europe

By Anusuya Lahiri

April 12, 11:27 AM

Amazon's robotics director debunks job loss myth, citing 1,000+ new technologies and 50,000 jobs created. Stock up 92% in 12 months. Invest in XLY or VCR.

AMZN

2 minute read

What’s Going On With Alibaba And Its Chinese Peer Stocks On Friday?

By Anusuya Lahiri

April 12, 10:29 AM

China retaliates against U.S. chip sanctions, affecting Alibaba, Intel, AMD, Baidu, JD, and PDD stocks. Alibaba cuts cloud service prices by up to 59% in response to competitive pressures and U.S. sanctions. BABA, BIDU, JD, and PDD shares down on Friday.

AMD

2 minute read

What’s Going On With Key AI Stocks AMD, Intel, Nvidia On Friday?

By Anusuya Lahiri

April 12, 10:24 AM

China's directive to replace foreign chips in telecom systems poses challenges for Intel and AMD. China's localization policies also threaten their market positions.

AMD

2 minute read

Citigroup’s Q1 Revenue Dips Slightly, But Investment Banking and Personal Finance Shine

By Anusuya Lahiri

April 12, 8:51 AM

Citigroup Inc reported a 2% revenue decline in Q1, beating expectations. Net income decreased by 27% due to higher expenses and credit costs.