Equities Archives - Page 148 of 1061

2 minute read

Amazon Says Generative AI Is Now A ‘Multibillion-Dollar’ Revenue Run Rate Business: ‘Strong Demand Signals, Longer Deals, Larger Commitments’ To Fuel Capex Growth

May 1, 6:16 AM

Amazon revealed during an analyst call post Q1 2024 earnings that generative AI has hit a "multibillion-dollar" revenue run rate.

AMZN

2 minute read

What’s Going On With Diamondback Energy Shares Premarket Wednesday?

By Lekha Gupta

May 1, 5:56 AM

Diamondback Energy reports Q1 FY24 revenue of $2.227B, beating consensus of $2.088B. Oil production at high end of guidance, adjusted EBITDA of $1.6B and EPS of $4.50. Maintains FY24 production and capex outlook.

FANG

2 minute read

Should Amazon Still Be Worried About FTC-FCC Probe After A Stellar Q1? Expert Says It Is Just ‘A Lot Of Noise’

By Benzinga Neuro

May 1, 5:42 AM

Despite the scrutiny, Jackson marveled at Amazon's profit scale, crediting the success to cost-cutting measures implemented a year ago.

AMZN

1 minute read

What’s Going On With Chinese EV-Maker Li Auto’s Stock Today?

By Shivani Kumaresan

May 1, 5:20 AM

Li Auto sees slight YoY growth with 25,787 vehicle deliveries in April 2024, but marks an 11% dip from March. During the May Day holiday period, users enjoy complimentary charging services across super charging stations nationwide.

2 minute read

Tesla’s Stock Could Rise By Up To $24 If EV Giant’s China FSD Rollout Succeeds, Says Fund Manager: ‘Much Depends On Whether…’

By Shanthi Rexaline

May 1, 4:42 AM

Black acknowledges the presence of competitors like Baidu, whose Apollo Go robotaxis are already approved for operation in six major Chinese cities.

TSLA

2 minute read

Amazon’s Advertising Business Is ‘Going To Grow Significant Scale,’ Says Mark Douglas: ‘…And Be Very, Very Profitable’

By Benzinga Neuro

May 1, 3:20 AM

Douglas shared his opinion about Amazon's growing focus on performance advertising on its homepage and in Amazon Prime

AMZN

2 minute read

Move Over Pumpkin Spice, Lavender Is The New Queen Bee — Starbucks CEO Finds A Silver Lining In Disappointing Q2 Results, Drops Hints Of Future ‘Texture-Based Innovations’

By Kaustubh Bagalkote

May 1, 1:41 AM

The beverage, featuring a trendy botanical twist, resonated with Gen Z and Millennial customers, providing a much-needed boost to the company's otherwise disappointing quarterly resultsThe CEO of Starbucks Corporation (NASDAQ:SBUX), Laxman Narasimhan, recently unveiled a surprising success

SBUX

2 minute read

Wall Street Braces For Brutal Apple Earnings, But Top Analyst Gives 6 Reasons To Stay Bullish On iPhone Maker

By Shanthi Rexaline

May 1, 12:53 AM

Apple may not see a growth inflection until the end of the June quarter, says an analyst.

AAPL

2 minute read

Nvidia’s AI Leadership Challenged As AMD Claims Superior Inference Performance With MI300 Chip: ‘Partners Are Seeing Very Strong Performance’

By Kaustubh Bagalkote

April 30, 11:44 PM

Su claimed that AMD's MI300X GPUs offer better inferencing performance and significant total cost of ownership advantages compared to Nvidia's H100 GPUs.

AMD

2 minute read

Cathie Wood’s Ark Invest Buys Shares Of Tesla Rival BYD, Continues Accumulating Palantir — Also Acquires AMD Shares

By Shivdeep Dhaliwal

April 30, 11:26 PM

On Tuesday, Cathie Wood-led Ark Invest made significant trades, with the most prominent ones involving BYD Co Ltd…

AMD