Newsfeeds Archive - Page 50 of 503

2 minute read

Rapid AWS Expansion and Increased Cloud Spending Signals Strong Outlook for Amazon: Analyst

April 5, 1:32 PM

Mizuho analyst reiterates Buy rating and $230 price target for Amazon (AMZN) based on positive survey results, accelerated sales cycle, and increased AWS spending.

AMZN

2 minute read

What’s Going On With HubSpot Stock Friday?

By Anusuya Lahiri

April 5, 12:09 PM

HubSpot shares rise on reports of potential acquisition offer from Alphabet. Analysts maintain overweight rating with $675 price target and see potential for consolidation in SaaS industry. HubSpot has 205K paid customers and 4.9% market share in CRM market.

ADBE

2 minute read

Tesla Reportedly Scraps Low-Cost Car Plans, Elon Musk Denies Story

By Anusuya Lahiri

April 5, 11:50 AM

Tesla cancels plans for affordable car, focusing on self-driving taxis. Faces challenges in meeting sales target amid competition and production issues.

2 minute read

News

Mastercard Boosts Rewards with New Brand Partnerships On The Back Of Upcoming Fee Hikes

By Anusuya Lahiri

April 5, 10:04 AM

Mastercard unveils new credit card benefits in partnership with top brands to provide significant value in daily necessities and enriching experiences. Prior reports indicate potential fee increase for retailers. MA stock gained 30% in last 12 months.

IYG

1 minute read

Reddit’s Rocky IPO Journey – Analysts Cast Doubt Amid ‘Meme Stock’ Fears

By Anusuya Lahiri

April 5, 9:24 AM

Reddit faces skepticism from US brokerages after IPO due to lack of profit and risk of becoming a 'meme stock.' Share price has dropped below IPO price.

RDDT

2 minute read

Taiwan Semi, A Key Supplier To Nvidia and Apple Springs Back To Action After Taiwan Earthquake

By Anusuya Lahiri

April 5, 8:03 AM

TSMC resumed construction after brief halt due to Taiwan earthquake. No major impact on production, stock down 1.65%. Other chip suppliers investing in US.

AAPL

2 minute read

Amazon Revives Bellevue Tower Construction, Eyes Office Expansion Amid Hybrid Work Shift

By Anusuya Lahiri

April 5, 7:21 AM

Amazon resumes construction of 42-story office tower in Bellevue, Seattle suburb, after pandemic pause. Aims for hybrid work model with 25,000 workers in Bellevue and strategic real estate plan.

AMZN

2 minute read

After The EU, Microsoft Faces Cloud Computing Antitrust Scrutiny in South Africa

By Anusuya Lahiri

April 5, 7:03 AM

Microsoft faces EU complaint over cloud computing licensing practices. Negotiating with European providers to avoid antitrust action.

AMZN

2 minute read

What’s Going On With Block Stock Thursday?

By Anusuya Lahiri

April 4, 2:39 PM

Block Inc (NYSE: SQ) shares down on downgrade from Morgan Stanley, while Benchmark analyst maintains Buy rating and raises price target to $99.

ARKF

3 minute read

Intel’s Strategic Moves Under Scrutiny, Analysts Weigh In on New Financial Structure and Market Share

By Anusuya Lahiri

April 4, 2:26 PM

Analyst maintains Intel with Neutral rating and $42 price target, noting improved laptop CPU share due to Meteor Lake and Raptor Lake refresh, while AMD lacks new CPU. Intel also gained desktop CPU share, and aftermarket retail GPU prices increased. Intel aims for 60% gross margin and 40% operating margin, while Foundry targets 40% gross margin and 30% operating margin long-term, with near-term operating margin at -37%. Focus is on product roadmap execution and margin improvement in Foundry business.

AMD