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Seagate Poised for Growth with Rising HDD Demand and Advanced HAMR Technology: Analyst

By Anusuya Lahiri
May 1, 3:05 PM
Analyst upgrades Seagate Technology from Neutral to Outperform, with a $100 price target. HAMR technology and demand trends expected to drive profit expansion.

AVGO

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2 minute read
  • Equities
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Nvidia Backed AI Start-Up CoreWeave Lands New $1.1B Funding – What’s On The Cards?

By Shivani Kumaresan
May 1, 2:16 PM
CoreWeave, a cloud-computing firm backed by NVIDIA, has secured $1.1 billion in new funding, led by Coatue, with participation from Magnetar, who led the last primary round, as well as Altimeter Capital, Fidelity Management & Research Company, and Lykos Global Management.

AMZN

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1 minute read
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What’s Going On With Roblox Shares Today?

By Nabaparna Bhattacharya
May 1, 1:57 PM
Roblox Corporation partners with Integral Ad Science to expand immersive video ads, enhancing ad quality transparency and targeting on its platform.

IAS

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Third Point’s AI Focus Pays Off As Investments in Alphabet and TSMC Propel Q1 Growth

By Anusuya Lahiri
May 1, 1:03 PM
Billionaire investor Daniel Loeb's hedge fund increases investments in Alphabet, TSMC, and LSEG due to their AI-driven opportunities. GOOGL, TSM, LSEG, META, and AMZN show strong Q1 results, while MSFT, META, and GOOGL invest over $32B in AI infrastructure.

AMZN

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4 minute read
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AMD Falls On Q1 Earnings, Q2 Guidance: Why ‘1,000% Growth’ From AI Stock Is Not Enough For Investors

By Chris Katje
May 1, 12:39 PM
AMD raised its guidance for AI segment growth, but it wasn't enough to send shares higher after Q1 results. Analysts size up the results and guidance.

AMD

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2 minute read
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After Nvidia and Apple, Alibaba Chases Vietnam: New Data Center to Boost Control and Meet Local Laws

By Anusuya Lahiri
May 1, 11:21 AM
Alibaba to build data center in Vietnam to comply with local storage law and meet demand. Other tech firms also diversifying to Vietnam.

AAPL

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AI Beneficiary Flex Stock Declines After Q4 Print, What’s Going On?

By Anusuya Lahiri
May 1, 11:04 AM
Flex Ltd (NASDAQ: FLEX) reported strong 4Q 2024 results, beating analyst estimates. Gross margin and operating margin also improved. Outlook for 2025 looks positive. Stock declined after earnings.

AAPL

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2 minute read
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Fisker Initiates Fresh Round Of Layoffs To Preserve Cash As Bankruptcy Looms

By Anan Ashraf
May 1, 10:54 AM
Beleaguered EV maker Fisker Inc. has reportedly initiated a new round of layoffs amid fears of impending bankruptcy.

FSR

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2 minute read
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Sundar Pichai’s Google Knocks Biden’s Door For Immigration Reform To Draw Global AI Talent

By Rounak Jain
May 1, 10:52 AM
Sundar Pichai's Google has written a letter to the US Department of Labor to modernize immigration rules to attract AI talent or risk losing.

GOOG

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5 minute read
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Market Clubhouse Morning Memo – May 1st, 2024 (Trade Strategy For SPY, QQQ, AAPL, MSFT, NVDA, GOOGL, META, And TSLA)

By RIPS
May 1, 10:23 AM
Good Morning Traders! In today's Market Clubhouse Morning Memo, we will discuss SPY, QQQ, AAPL, MSFT, NVDA, GOOGL, META, and TSLA.

AAPL

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