Stay on Sidelines – ChargePoint Analysts Say Despite Positive Q1, Await More Proof of Growth
Analysts are positive on ChargePoint's turnaround, with solid Q1 results and expectations for improved revenue and profitability in H2 2025.
Broadcom Rises As Top AI Chip Supplier After Nvidia, Thanks To Google And Meta Partnerships: Analyst
Broadcom, the global No. 2 AI semiconductor supplier behind Nvidia, has an Overweight rating with a price target of $1,700.
What’s Going On With AMD Stock Thursday?
AMD stock gained 42% in last six months, winning 33% market share in server CPUs. Analysts see potential in upcoming products.
Snowflake Hit With Data Breach – What’s Going On?
Snowflake (NYSE: SNOW) under fire for data breaches affecting major clients. Stock down. Company advises MFA. CEO targeting AI acquisitions.
What’s Going On With Nvidia Stock On Thursday?
Nvidia's stock hits record high, valued at $3 trillion. Plans stock split to attract investors. Media covers CEO Jensen Huang's success at Computex. Magnificent Seven companies contribute to S&P 500's 12% return. Nvidia gains 217% in 12 months. Investors can access Nvidia through SPDR S&P 500 and iShares Core S&P 500 ETF.
Intel and Japan’s Sharp Team Up to Innovate Chip Production, Cut Costs
Intel Corp (INTC) and 14 Japanese partners will use Sharp's LCD plants for advanced semiconductor research, reducing costs and generating income.
Ciena Reports Stronger-Than-Expected Q2 Results, CEO Highlights Bandwidth Demand Growth
Ciena reported Q2 2024 revenue of $910.80M, beating analyst estimate of $894.94M. Adjusted EPS of $0.27 beat estimate of $0.15. Total Networking Platforms revenue declined 26.1% while Total Global Services increased 5.4%. Adjusted margins declined. CEO focused on expanding market leadership in optical. Cash and equivalents of $1.42B.
EV Stock NIO Drops After Q1 Print, What’s Going On?
NIO Inc. reported Q1 2024 revenue of 9.91 billion yuan, down 7.2% YoY and 42.1% QoQ. Vehicle deliveries and revenue also decreased. Loss per share was $0.33. Q2 delivery guidance is 54,000-56,000 units with expected revenue growth. NIO stock down 33% in 12 months.
What’s Going On With Taiwan Semiconductor Stock On Thursday?
Taiwan Semiconductor Manufacturing Co's shares rise to record high due to global AI frenzy. Plans for acquisition and expansion, strong demand for services.
What’s Going On With AMD Stock On Wednesday?
AMD stock sees redemption after sector selloff, reports of TSMC's chip production price hike. Partnership with Samsung may close gap with TSMC.