Tech Archives - Page 103 of 1385

3 minute read

Warner Bros. Discovery Eyes Turnaround with Upcoming Disney+ Bundle and NBA Deal, Analysts Say

May 10, 2:34 PM

Nispel upgraded Warner Bros. Discovery (WBD) from Sector Weight to Overweight with a $11 price target. WBD reported Q1 revenue below consensus, impacted by content impairment. Nispel expects a short-term rally as numbers stabilize and DTC improves. Martin reiterated Hold rating, noting WBD's Max bundle with Disney+ and Hulu launching this summer and potential for larger bundles in the future. Reif Ehrlich maintained Buy rating with $14 price target, citing upcoming catalysts and undemanding valuation. NBA media rights renewal is a key near-term event. WBD's Q1 performance reflects macro and linear ecosystem challenges. Network advertising was -11%.

DIS

2 minute read

Stocks Pause On Dismal Consumer Confidence; Yields, Dollar Rise As Inflation Expectations Kick Higher, Bitcoin Sinks: What’s Driving Markets Friday?

By Piero Cingari

May 10, 12:45 PM

A worse-than-expected University of Michigan’s May consumer report halted stock gains on Friday, sparking worries about a potential decline in consumer health amid perceived rising price pressures.

ANET

1 minute read

SoftBank’s Billion-Dollar Bet: Switching From Startups To Semiconductors, AI

By Anusuya Lahiri

May 10, 11:55 AM

SoftBank is in talks to acquire semiconductor startup Graphcore and recently led a $1.05 billion funding round for Wayve Technologies.

AMD

1 minute read

Evolv Technologies Down 30%: What’s Going On?

By Nabaparna Bhattacharya

May 10, 11:29 AM

Evolv Technologies shares plummet 30% after reporting Q1 results below expectations, despite a significant increase in Evolv Express subscriptions.

EVLV

2 minute read

Warren Buffett-Backed BYD Aims To Outperform Tesla, VW, Stellantis As Europe’s Leading BEV Seller: ‘The Long Term Is To Produce Locally;’

By Benzinga Neuro

May 10, 10:41 AM

The company's strategy includes a budget model based on the Seagull, which sells in China for under $10,000.

BYDDF

1 minute read

Cloud and AI Service Provider DigitalOcean Stock Soars – Here’s Why

By Anusuya Lahiri

May 10, 10:02 AM

DigitalOcean Holdings Inc (NYSE: DOCN) reported strong Q1 results with revenue of $184.73M, 12% Y/Y growth, and adjusted EPS of $0.43. Outlook is positive with expected growth in revenue and EPS. Stock up 5.89% premarket.

CLOU