Tech Archives - Page 262 of 1385

Spotify announces a new multiyear partnership deal with podcast host Joe Rogan, known for his influential talk show, as the platform adjusts its podcast strategy.

SNAP

2 minute read

Reddit IPO: Beyond The $5B Valuation Buzz

By Surbhi Jain

February 2, 1:48 PM

Reddit, a popular online discussion platform, plans to go public in March 2024 with a target valuation of $5 billion.

CART

2 minute read

Tesla Stock Just Made A Death Cross As Market Sentiments Shift

By Surbhi Jain

February 2, 1:44 PM

A death cross is interpreted as a sign of weakening momentum. In other words, it's a signal that the Tesla upward trend may be reversing.

TSLA

2 minute read

China Stock Rout Continues: Worst Week In 5 Years For Shanghai Index

By Neil Dennis

February 2, 1:16 PM

China stocks slumped again; the Shanghai Composite had its worst week in five years. Growth has slowed rapidly from the "tiger economy" years.

BABA

4 minute read

6 Apple Analysts Size Up Q1 Results, iPhone Sales: ‘Major Step In The Right Direction,’ ‘Some Good And Bad News’

By Chris Katje

February 2, 12:33 PM

Analysts react to the first quarter earnings report from Apple and how big of an impact weakness in China had on the results.

AAPL

3 minute read

2024 EV Year Is Off To A Slow Start In China

By Upwallstreet

February 2, 12:24 PM

January delivery figures are out and BYD Company Limited (OTC: BYDDY) is the star, although it also wasn’t immune to a MoM drop. January is always a weak month and considering that the Chinese Lunar Year is on February 10th, disrupting production and demand, February will follow suit.

BYDDY

2 minute read

Alibaba Plans to Sell Off Grocery and Retail Assets, Doubles Down on E-Commerce Core

By Anusuya Lahiri

February 2, 11:59 AM

Alibaba (NYSE: BABA) is exploring the sale of non-essential assets, including its grocery business Freshippo, to focus on core e-commerce operations under new leadership. Shares down 0.76%.

BABA

2 minute read

Meta Rolls Out Own AI Chip to Power Facebook and Instagram, Targets Cost Cuts and Nvidia Independence

By Anusuya Lahiri

February 2, 10:48 AM

Meta Platforms Inc (NASDAQ: META) develops custom AI chips, to reduce reliance on Nvidia (NASDAQ: NVDA) & cut costs. Also, TSMC eyes expansion.

AMZN