Newsfeeds Archive - Page 51 of 503

2 minute read

The Large Cap Tech Stock Has ‘Buy’ Rating From Various Analysts Recently On Potential Upside – Here’s Why

April 4, 12:48 PM

Piper Sandler initiated coverage on Synopsys Inc (SNPS) with Overweight rating and $665 price target. Analyst notes growth & margin expansion.

ANSS

2 minute read

Is Amazon Poised for Major Shift With Potential Dividends and Share Buybacks on the Horizon?

By Anusuya Lahiri

April 4, 10:44 AM

Amazon may change its conservative approach to returning capital to shareholders due to its substantial cash reserves, potentially introducing share buybacks and dividends.

AMZN

2 minute read

Alibaba’s Live Streaming Strategy Sparks SME Interest, Highlights Cloud Market Competition in China

By Anusuya Lahiri

April 4, 10:28 AM

Chinese cloud giants use live streaming to promote and sell products, leading to a price war for SMEs. Market sees increase in cloud spending and competition among top providers.

BABA

2 minute read

Media
News

Mastercard Set to Increase Credit Card Fees, Adding Millions in Costs for Retailers After Visa Settlement

By Anusuya Lahiri

April 4, 8:56 AM

Mastercard will increase network assessment fee to 0.14% from 0.13% on April 15, potentially adding $259.1 million in fees. Merchants criticize burden on them and plan to pursue trials against Mastercard and Visa.

IYG

2 minute read

Nvidia to Benefit from SK Hynix’s New $3.9B Indiana Facility Focused on High-Bandwidth Memory Chips

By Anusuya Lahiri

April 4, 8:34 AM

South Korea's SK Hynix invests $3.9B in Indiana chip-packaging facility for high-bandwidth memory, boosting U.S. semiconductor industry and creating 1000+ jobs.

NVDA

3 minute read

Tesla Struggles with Delivery Goals and AI Tech Expectations, Analysts Adjust Financial Forecasts

By Anusuya Lahiri

April 3, 2:19 PM

Truist Securities analyst reiterates Tesla (TSLA) as Hold, lowers price target from $193 to $176. Lowered estimates for deliveries, revenue, & EPS in 2024 & 2025 due to production and demand concerns. Next catalysts: next-gen vehicle unveiling & sale. HSBC analyst also lowers price target.

3 minute read

Amazon Adapts Grocery Game Plan, Analyst Sees Growth with Smart Carts and Automated Fulfillment Centers

By Anusuya Lahiri

April 3, 2:15 PM

BofA analyst reiterates Buy rating on Amazon, reports switch from Just Walk Out to smart carts for Fresh locations. Advertising revenue potential.

AMZN

2 minute read

Tesla Launches 0% Interest Financing in China, Aims to Reverse Deliveries Decline

By Anusuya Lahiri

April 3, 1:26 PM

Tesla introduces 0% interest loan program in China to boost sales after decline in market share. Competitors match price cuts, but Tesla remains top EV manufacturer. Concerns over demand in Europe and supply chain issues in the US.

RIVN

2 minute read

Amazon Web Services Streamlines Operations, Reduces Workforce in Key Departments Amid Digital Pivot

By Anusuya Lahiri

April 3, 12:28 PM

AWS streamlines its workforce, announcing several hundred job cuts across its Sales, Marketing, and Global Services, and Physical Stores Technology teams. The move, aimed at optimizing operations, signals a shift towards digital self-service training amid overlapping roles. Amazon commits to supporting affected employees with comprehensive transition plans, underscoring its strategic focus despite the global workforce reduction.

AMZN

2 minute read

Affirm’s Growth Prospects Tempered by Valuation and Expense Hurdles: Analyst

By Anusuya Lahiri

April 3, 10:06 AM

Analyst initiates coverage on Affirm Holdings Inc (AFRM) with Hold rating, citing diverse product suite and potential for growth, but flags valuation and stock-based compensation as concerns.

AFRM