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The ‘Trough’ In Video Processing Is Over. Ambarella Will Drive Revenue From Here, Analyst Says Ahead of Earnings

By Anusuya Lahiri
August 29, 1:43 PM
Rosenblatt analyst Kevin Cassidy sees Ambarella, Inc's (NASDAQ: AMBA) July quarter as the trough due to a perfect storm of events hitting their business.

AMBA

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  • Global
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Tesla Reveals A New Virtual Power Plant In Japan

By Benzinga EV Insights
August 29, 12:54 PM
Tesla Inc (NASDAQ: TSLA) had a successful virtual power plant event this month in California.

TSLA

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Marvell Technology’s Macro, Inflation Headwinds Prompt 5% Price Target Cut By Citi

By Anusuya Lahiri
August 29, 12:53 PM
Citi analysts Atif Malik and Amanda Scarnati reiterated a Buy on Marvell Technology, Inc (NASDAQ:MRVL) but reduced the price target from $78 to…

AMD

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Alibaba Has 63% Upside And Room For Margin Expansion, Bullish Analyst Says

By Anusuya Lahiri
August 29, 12:27 PM
Mizuho analyst James Lee reiterated a Buy on Alibaba Group Holding Limited (NYSE:BABA) with a $160 price target. The re-rating followed an investor…

BABA

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Okta Analyst Knocks Off Price Target By 13%, Courtesy Microsoft

By Anusuya Lahiri
August 29, 12:13 PM
BMO Capital analyst Keith Bachman maintained Okta Inc (NASDAQ:OKTA) with an Outperform and lowered the price target from $125 to $110 ahead of…

MSFT

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NAPCO Shares Pop On Q4 Beat

By Anusuya Lahiri
August 29, 10:27 AM
NAPCO Security Technologies Inc (NASDAQ:NSSC) reported fourth-quarter FY22 net sales growth of 22% year-on-year to $43.2 million, beating the consensus of…

NSSC

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Zuckerberg Explains Why Meta Doesn’t Allow Porn On Its Platforms: ‘I Don’t Think It’s A Political Decision’

By Shivdeep Dhaliwal
August 29, 8:40 AM
Meta Platforms Inc (NASDAQ: META) CEO Mark Zuckerberg touched on why Meta doesn’t allow pornography on its platform in a chat with Joe Rogan recently.

META

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Qualcomm Earns Legal Reprieve From EU Regulators Over Antitrust Ruling With An Apple Link

By Anusuya Lahiri
August 29, 8:15 AM
EU antitrust regulators do not look to challenge a court ruling scrapping its €997 million ($991 million) penalty…

AAPL

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Leading Tesla Supplier Claims Landmark Battery Density: Report

By Anusuya Lahiri
August 29, 8:08 AM
Tesla Inc (NASDAQ:TSLA) supplier Contemporary Amperex Technology Co Limited worked on new battery materials that can improve energy density by 10%…

BMWYY

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China Raps Up Subway, Domino’s Pizza, Agoda And 44 Others For Violating Users’ Rights

By Navdeep Yadav
August 29, 7:59 AM
In its latest check-up of app security, China has called out Subway, Agoda, Domino's Pizza, Inc (NYSE: DPZ), and 44 other companies for violating users' rights.

BKNG

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