Tech Archives - Page 109 of 1385

2 minute read

ARM CEO Rene Haas Bets Big On Automotive With ARMv9 Autonomous Driving Solutions: ‘This Is Very, Very Significant’

May 9, 12:00 AM

ARM Holdings Plc is making a bold move to expand its presence in the automotive industry. The company has introduced its first autonomous driving solutions based on the powerful ARMv9 architecture.

ARM

2 minute read

News
Tech

Wedbush Analyst Dan Ives Says The World Is In ‘Early Stages Of A Fourth Industrial Revolution’ And It Is Led By Nvidia CEO Jensen Huang As ‘Godfather Of AI’

By Ananya Gairola

May 8, 9:40 PM

Wedbush analyst Dan Ives lauded NVIDIA CEO Jensen Huang as the "Godfather of AI," attributing the advent of the fourth Industrial Revolution to his leadership and forecasting a significant AI-driven tech bull market continuing into 2025.

ARM

2 minute read

Google DeepMind Develops Latest AI Model To Aid Scientists In Fighting Disease

By Vandana Singh

May 8, 3:19 PM

Google DeepMind reveals its AlphaFold 3, which specializes in molecular predictions for proteins, DNA, RNA, and drug molecules.

GOOG

2 minute read

Why Is New York Times Stock Trading Higher On Wednesday?

By Vandana Singh

May 8, 2:56 PM

New York Times' digital subscribers hit 9.91 million, growing by 210K in Q1. Sales reached $594M, up 5.9% Y/Y. Digital ARPU rose to $9.21. CEO Meredith Kopit Levien emphasizes a strong start in 2024. Guidance predicts subscription revenues up by 6%-8% in Q2.

NYT

2 minute read

Datadog’s Strong Start To 2024: Analysts Optimistic About Ongoing Market Leadership, ‘More/Faster Cloud Software Creation Is Better”

By Anusuya Lahiri

May 8, 2:26 PM

Morgan Stanley reiterated Overweight on Datadog with a $137 price target. Truist Securities maintains Buy with $155 target. DA Davidson stays Neutral at $115.

AMZN

1 minute read

Cyberattack Group Shifts Focus To Banks, Insurers After Casinos

By Shivani Kumaresan

May 8, 2:21 PM

Discover how the notorious hacking group, Scattered Spider, shifts focus from MGM Resorts to banks and insurance firms. With successful compromises in their arsenal, learn how they're targeting giants like Visa and PNC through sophisticated phishing tactics.

CZR

1 minute read

Gilat’s Strategic Acquisitions Fuel Growth Amid Slight Revenue Shortfall

By Anusuya Lahiri

May 8, 1:27 PM

Gilat(NASDAQ: GILT) reported Q1 2024 revenue of $76.08M, missing analyst estimate. Adjusted EPS of $0.11 beat estimate. Cash on hand was $105.1M.

GILT

2 minute read

Stocks Falter As Fed Signals Need For Higher-For-Longer Rates; Uber Crashes, Energy Sector Loses Ground: What’s Driving Wednesday’s Market?

By Piero Cingari

May 8, 1:26 PM

Wednesday witnessed a tempering of the bullish sentiment that had buoyed Wall Street in recent sessions, with major indices showing slight declines around midday trading in New York.

ABNB

1 minute read

Mastercard’s New Tech Could Change How Banks Handle Money and Securities

By Anusuya Lahiri

May 8, 1:05 PM

Mastercard Inc (NYSE: MA) collaborates with major US banks to test ledger tech for unified settlement of tokenized assets, aiming to simplify and speed up global transactions while reducing errors and fraud risks.

2 minute read

Apple Reverses Sales Decline in China with Impressive March Shipment Growth

By Anusuya Lahiri

May 8, 12:55 PM

Apple's Chinese iPhone shipments rose 12% in March thanks to price cuts. This signals a rebound from previous declines and potential for market recovery.

AAPL