Tech Archives - Page 274 of 1385 - Spark Newswire

Actionable Stock Market Trading Newswire. Built for Traders, by Traders.
All news is property of their respective owners.

Read More

2 minute read

Amazon Gambles with Ads on Prime Video: A Smart Move for Revenue Or Risk to Subscriber Loyalty?

By Anusuya Lahiri

January 30, 2:31 PM

Amazon charging Prime members for ad-free streaming sparked backlash and cancellations, but it expects revenue growth as it invests in content and unique bundling model. Analysts predict billions in additional revenue. AMZN shares down premarket.

Read More

3 minute read

AI Growth, Lower Interest Rates Foil Recession Threats In 2024, Says IMF

January 30, 1:51 PM

Fears of a severe economic downturn are fading as economic growth continues to outpace expectations. The U.S. economy is likely to grow by 2.1% in 2024 says International Monetary Fund.

Read More

2 minute read

‘Big Week For Big Tech,’ Says Munster, As He Details ‘Pressure Points’ For The ‘Magnificent 7’

By Shanthi Rexaline

January 30, 1:43 PM

Tech giants report earnings this week, including Apple, Microsoft, Alphabet, Meta and Amazon. Gene Munster predicts pressure points for each.

Read More

1 minute read

Corning’s Outlook Signals Sales Challenges In Q1, But CEO Foresees $3B Revenue Growth In Medium Term

By Anusuya Lahiri

January 30, 1:43 PM

Corning Inc (NYSE: GLW) reported Q4 FY23 sales decline of 10% to $3.27B, beating consensus. Sales grew in Display, declined in Optical Comm, and improved in Life Sciences. Q1 outlook below consensus.

Read More

2 minute read

Institutional Investors Flee Stocks At Second-Highest Pace Since 2008 Despite Market Boom: Where Is Their Money Going?

By Piero Cingari

January 30, 1:13 PM

Bank of America reported large outflows from single stocks by institutional investors, primarily in tech, discretionary, and staples sectors.

Read More

2 minute read

Nvidia Eyes Future Tech: Secures High-Bandwidth Memory For 2025, Invests In AI Chatbot Developer Kore.ai

By Anusuya Lahiri

January 30, 1:12 PM

Nvidia is reportedly in talks with SK Hynix about procuring High Bandwidth Memory (HBM) for the first quarter of 2025.

Read More

2 minute read

Apple Vision Pro Hits Stores Friday: iPhone-Like Frenzy Missing For AR Headset, But Analysts Expect 500K-600K Sales This Year

January 30, 12:54 PM

Apple's Vision Pro headset launch receives strong sales and positive analyst predictions. But will the public continue to take a bite?

Read More

2 minute read

SoFi Touts More Than 20% Gain On Q4 Earnings, Bullish Sentiments Echo On Reddit And Twitter

January 30, 12:04 PM

San Francisco-based SoFi, under the helm of CEO Anthony Noto, reported its first-ever positive EPS and a 3.98% surprise on revenue.

Read More

3 minute read

Qualcomm Q1 Earnings Preview: Analysts Focus On Automotive Growth, AI, Stock Valuation

January 30, 11:20 AM

Qualcomm reports Q1 earnings on Jan. 31. The San Diego-based company expects $2.37 EPS and $9.5 billion in revenues, touting AI growth potential.

Read More

2 minute read

China Market Collapse Resumes As Government Fails To Put Brakes On Stock Dump

January 30, 10:55 AM

Political, not economic, concerns are weighing most on China's equity markets