Tech Archives - Page 157 of 1385

1 minute read

Cadence Design Systems Reports Q1, Guides Below Q2 Estimates

April 22, 4:36 PM

Cadence Design Systems reported quarterly earnings of $1.17 per share which beat the analyst consensus estimate of $1.13 by 3.54%. Quarterly sales came in at $1.009 billion which beat the analyst consensus estimate of $1.002 billion by 0.67%.

CDNS

2 minute read

Nasdaq 100 Breaks 3-Day Losing Streak As Tech Stocks Rebound Ahead Of Earnings Week

By Piero Cingari

April 22, 4:28 PM

Tech stocks rebound as Nasdaq 100 gains 1.5% and prepares for big earnings week from giants like Tesla, Microsoft, and Alphabet. UBS cautions on sector.

AAPL

2 minute read

Amazon’s Earnings Poised for Boost from AWS, Ads, and Retail Innovation: BofA Analyst

By Anusuya Lahiri

April 22, 3:38 PM

Analyst maintains Buy rating on $AMZN with $204 price target. Q1 earnings likely to reflect positive trends, with potential growth from AWS and advertising. Optimistic outlook for eCommerce growth and multiple expansions in 2024. Stock up 0.82% at $176.04.

AMZN

1 minute read

Tech

Tesla Tops Consumer Reports For Lowest Maintenance, Repair Costs

By Benzinga EV Insights

April 22, 2:26 PM

Tesla Inc (NASDAQ: TSLA) has the lowest maintenance and repair costs of any automotive brand, according to new data from Consumer Reports' 2

TSLA

2 minute read

Stocks Set To Snap Worst Losing Streak In Nearly 2 Years, Gold Sinks, Bitcoin Reclaims $66,000: What’s Driving Markets Monday?

By Piero Cingari

April 22, 2:16 PM

U.S. stocks are poised to break a six-day losing streak, marking the end of the longest downward trend since September 2022.

BTC

2 minute read

Microsoft ‘In Unique Position To Scale Gen-AI Revenue,’ Goldman Sachs Says Ahead Of Q3 Earnings

By Piero Cingari

April 22, 1:40 PM

Microsoft Corp. (NYSE: MSFT) will report its fiscal Q3 2024 earnings, with analysts expecting $2.83 EPS and $60.769B revenue. Goldman Sachs has a $450 price target and calls Microsoft one of the most compelling investment opportunities in the tech industry.

MSFT

3 minute read

TSMC Topped Estimates On The Back Of Insatiable AI Demand

By Upwallstreet

April 22, 1:31 PM

Last Thursday, the world’s largest producer of advanced processors issued its first quarter results and they were even better than expected as AI demand continues to go strong. Taiwan Semiconductor Manufacturing Company Limited (NYSE: TSM), whose customers include the AI chip leader, NVIDIA Corporation (NASDAQ:

AAPL

2 minute read

Tesla Layoffs Hit Marketing Team, Retracts Advertising Push

By Anusuya Lahiri

April 22, 12:49 PM

Tesla eliminates marketing team approved by Elon Musk, showcases shift away from traditional advertising as part of company layoffs.

2 minute read

What’s Going On With Taiwan Semi Stock On Monday?

By Anusuya Lahiri

April 22, 11:59 AM

TSM stock down due to 5.5-magnitude earthquake in Taipei, following a severe 7.4 quake earlier this month. TSMC quickly resumed operations. Tensions with China and production costs lead to premium pricing for chips made outside Taiwan.

NVDA

2 minute read

Tesla Bears Drive EV Stock To New 52-Week Lows: Will Q1 Earnings Shift Gears?

By Surbhi Jain

April 22, 10:21 AM

Tesla (NASDAQ:TSLA) reports Q1 earnings on April 23. Wall Street expects 51 cents EPS & $21.27B revenues. Stock down 40%, facing challenges in China, layoffs, & strong bearish signals.

TSLA