This Analyst Raised Robinhood’s Forecast By 46% – Here’s Why
Keybanc analyst maintained Robinhood with Overweight rating, raised price target from $15 to $22. Revised estimates for fiscal 2024 and 2025.
Tesla Is Navigating Free FSD Trials, Gigafactory Challenges, and Governance Hurdles: Analyst
RBC analyst maintains Outperform rating on TSLA with $298 price target. Q4 saw demand pull-forward and disruptions in Berlin, FSD free trials expected to drive Q2 volumes. HSBC analyst retains Reduced rating and $143 target, citing price cuts and concerns over pre-revenue opportunities.
MicroStrategy’s Bitcoin Surge: How a Tech Company Outpaces eBay and Delta in Market Cap
MicroStrategy Inc (MSTR) saw its stock surge by 204% this year, reaching $1,919, surpassing 237 companies in the S&P 100. Its inclusion in the S&P 500 is complicated due to its revenue model relying on Bitcoin holdings. It also introduced an AI-powered bot for business intelligence. MSTR shares traded lower by 13.1% at $1,667.50.
Hut 8 Stock Climbed After Its Results, What’s Going On?
Hut 8 Corp reported a revenue of $60.6 million for the six months ended December 31, 2023, up from $46.0 million a year ago. EPS stood at $0.11 compared to a $(2.02) loss the prior year. The stock price surged after the results.
Amazon’s Strategic Real Estate Plan to Reduce Vacancy Rate and Enhance Workspace Efficiency
Amazon aims to cut $1.3 billion in costs by reducing office space and ending leases early, emphasizing optimization rather than changing work expectations.
Salesforce Spends $20M on Einstein Image Rights, Securing AI Brand Dominance and Guinness Record
Salesforce sets Guinness World Record for largest gathering of people dressed as Einstein, using his image to brand its AI as innovative and safe.
LinkedIn Enters Short-Form Video Battle with New TikTok-Style Feed, Targets Professional Growth Content
LinkedIn's new TikTok-style video feed experiment aligns with trend of short-form video content, catering to career-oriented and professional audiences.LinkedIn introduces TikTok-style video feed for career-oriented and professional audiences, joining the trend of short-form video content.
Nvidia Captures 92% of Data Center GPU Market, Underlining US Leadership in Generative AI
U.S. leads in generative AI market with Nvidia's 92% market share in data center GPUs. U.S. tech giants invest in Nvidia, boosting market value to $1.73 trillion by 2024.
EXCLUSIVE: Atlas Lithium Partners with Mitsui for $30M Investment and Lithium Offtake, Signals Confidence in Brazil’s Lithium Valley Project
Atlas Lithium secures $30M investment and offtake agreement with Mitsui & Co. to advance project, strengthen team, and enter Brazil's Lithium Valley.
Western Digital Poised For Breakout, Analyst Sees 10% Estimate Beat And Powerful NAND Recovery
Analyst initiates coverage on WDC with Outperform rating and $80 price target. Expects company to outperform with upcoming split and favorable market conditions.