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Intel Eyes Massive Job Cuts As Early As This Month To Sail Through PC Market Slump: Report

By Shanthi Rexaline
October 12, 2:15 AM
The PC slowdown is beginning to bite chipmakers. Intel Corporation (NASDAQ: INTC) is reportedly eyeing massive job cuts to tide over the current malaise.</

AMD

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Alibaba, Nio Fall Over 3%: Hang Seng Hits 11-Year Low As Focus Turns To US Inflation Data

By Bhavik Nair
October 11, 11:01 PM
Hong Kong markets opened in the red on Wednesday, with the benchmark Hang Seng losing nearly 1.9%, as investors await U.S. inflation data for September due later this week.

BABA

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Facebook Parent Unveils $1,500 VR Headset, To Partner With Microsoft On Office, Xbox Gaming For Quest Devices

By Shivdeep Dhaliwal
October 11, 8:54 PM
Meta Platforms Inc (NASDAQ: META) and Microsoft Corporation (NASDAQ: MSFT) announced a tie-up on Tuesday amid a high-profile 

META

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Executive Departure Not A Worry At Zscaler As Products ‘Sizzle,’ Analyst Says With ‘Strong Buy’ Rating On The Stock

By Anusuya Lahiri
October 11, 3:10 PM
Needham analyst Alex Henderson reiterated a Strong Buy on Zscaler, Inc (NASDAQ:ZS) with a $210 price target. His pre-QP call with ZS…

AMZN

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Party Is ‘Over’ For These Chip Stocks, Citi Analyst Says In Their “Top Call”

By Anusuya Lahiri
October 11, 2:52 PM
Citi analyst Atif Malik cut estimates and price targets on cloud data-centric semis Nvidia Corp (NASDAQ: NVDA) and Marvell Technology, Inc (NASDAQ: MRVL).  He maintained…

MRVL

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Snap’s 2023 and 2024 Ad Revenue Growth Rates Likely To Go Down Due To Tough Environment, Analyst Says While Slashing Targets By 25%

By Anusuya Lahiri
October 11, 2:48 PM
Credit Suisse analyst Stephen Ju lowered the price target on Snap Inc (NYSE:SNAP) to $22 from $29 and reiterated an Outperform…

SNAP

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US Semiconductor Analyst Sees Analog Party Over, Cuts Estimates

By Anusuya Lahiri
October 11, 2:45 PM
Citigroup analyst Christopher Danely maintained NXP Semiconductors N.V. (NASDAQ:NXPI) with a Neutral rating and reduced the price target from $190 to $150.…

ADI

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Roblox, The ‘Only True Metaverse Today,’ Has This Analyst Bearish – Here’s Why

By Priya Nigam
October 11, 12:53 PM
Barclays analyst Mario Lu initiated coverage of video game developer Roblox Corp. (NYSE: RBLX) with an Underweight rating and a price target of $20.

RBLX

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Rivian Stock Set To Double Courtesy Its EV Portfolio As Recall Related Pullback Seems Overdone, Analyst Says

By Anusuya Lahiri
October 11, 11:49 AM
Mizuho analyst Vijay Rakesh reiterated a Buy on Rivian Automotive, Inc (NASDAQ:RIVN) with a $65 price target. After speaking with management, Rakesh…

RIVN

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Expect A Bitcoin Rally Soon, Crypto Analyst Kaleo Predicts: ‘Markup Will Catch Everyone Off Guard’

By Mehab Qureshi
October 11, 10:56 AM
Despite the ongoing bear market for Bitcoin (CRYPTO: BTC), cryptocurrency analyst Kaleo has predicted that the apex cryptocurrency will smash through its current resistance level in December. 

BTC

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