Newsfeeds Archive - Page 47 of 503

2 minute read

Comcast’s Market Valuation Does Not Reflect Fair Value For It’s Significant Growth Portfolio: Analyst

April 10, 2:32 PM

Analyst reiterates Buy rating and $55 price target for Comcast Corp, with $1.2B in commitments for Olympics ads and strong brand partnerships, indicating undervaluation.

CMCSA

2 minute read

Block’s Growth Fueled by Cash App Expansion, Square Ecosystem Focus, Says Analyst

By Anusuya Lahiri

April 10, 2:14 PM

Mizuho analyst maintains Buy rating for Block and raises price target to $106, citing potential upside from Cash App and Square ecosystems.

ARKF

2 minute read

Bitcoin Rally Triggers MicroStrategy’s Bond Dilemma, Skyrockets Stock Value

By Anusuya Lahiri

April 10, 1:27 PM

MicroStrategy faces a challenge as Bitcoin's rise increases the cost of refinancing its $650M convertible bonds. Its soaring stock may lead to a decision between repurchasing the bonds or converting them into shares.

CRPT

2 minute read

Nvidia Eyes Continued Leadership in $90B Accelerator Market, Despite Recent Dip: BofA Analyst

By Anusuya Lahiri

April 10, 1:19 PM

Analyst maintains Buy rating on Nvidia with $1,100 price target. Stock down 11% from all-time high, but fundamentals remain strong. Google's new server CPU not a threat to Nvidia.

AMD

2 minute read

AT&T, Comcast, Verizon Challenge: Subsidy Slash Threatens Internet for 23M Households

By Anusuya Lahiri

April 10, 11:31 AM

AT&T, Charter Communications, Comcast Corp, Verizon, and others face budget cuts to program providing discounted internet. Uncertainty for low-income families.

CHTR

2 minute read

News

Mastercard Revamps Structure for Growth, New Teams to Drive Core Payments and Services

By Anusuya Lahiri

April 10, 8:45 AM

Mastercard Inc unveils strategic realignment to drive growth and enhance stakeholder value, with leadership transitions and organizational changes effective immediately.

IYG

2 minute read

What’s Going On With Alibaba Stock Wednesday?

By Anusuya Lahiri

April 10, 7:39 AM

Jack Ma leads restructuring of Alibaba to rejuvenate the company. In a rare public gesture, he praises rejuvenation efforts and encourages employees to remain steadfast. Stock price rises.

BABA

2 minute read

Apple’s New Office Space in Coral Gables Signals Further Expansion into Latin America

By Anusuya Lahiri

April 10, 7:32 AM

Apple Inc (NASDAQ: AAPL) expanding presence in Miami, investing in new building & likely launching new retail store. Other Big Tech companies also expanding in the city.

AAPL

2 minute read

Taiwan Semi Clocks Double-Digit Q1 Revenue Growth, Eyes Robust 2024 Amid AI Boom

By Anusuya Lahiri

April 10, 7:23 AM

TSM reported 16% revenue growth in Q1, exceeding analyst estimates. Its key suppliers for Nvidia and Apple also saw a surge in revenue due to AI demand.

AAPL

2 minute read

Bitdeer Leads in Bitcoin Mining, Analyst Points to Growth Catalysts Including Proprietary Tech and Strategic Data Centers

By Anusuya Lahiri

April 9, 3:44 PM

Analyst initiates coverage on BTDR with Buy rating and $10.5 price target. BTDR has strong growth strategy, cheap power, diverse revenue, and proprietary tech. Bitcoin halving and ETFs may benefit quality players like BTDR.

BTDR