Tech Archives - Page 68 of 1385

2 minute read

Goldman Sachs Expects Nvidia To ‘Sustain Competitive Lead,’ Raises Price Forecast To $1,200 Following Stellar Q1 Earnings

May 23, 9:04 AM

Goldman Sachs analysts say Nvidia is driven by remarkable earnings and strong growth potential, bringing the price forecast to $1,200.

NVDA

2 minute read

Kia Launches First Compact Electric SUV Amid Slowing EV Demand

By Benzinga Neuro

May 23, 9:03 AM

Kia President Song Ho Sung stated that the EV3 will be priced between $35,000 and $50,000, making it accessible to a broader audience.

HYTMF

1 minute read

NetEase’s Q1 Earnings: Gaming Giant Shows Resilience with Growth in Cash Flow and Cloud Music

By Anusuya Lahiri

May 23, 8:42 AM

NetEase, Inc (NTES) reported Q1 2024 revenue of $3.72B, missing analyst estimate of $3.79B. Adjusted EPADS beat at $1.81. Stock price slid after results.

DAO

2 minute read

Why Ticketmaster Owner Live Nation’s Shares Are Tumbling Today?

By Shivani Kumaresan

May 23, 8:25 AM

Live Nation Entertainment Inc (NYSE:LYV) shares dropped as the company faces an antitrust lawsuit by the U.S. Department of Justice. The lawsuit, expected to be filed in the Southern District of New York, challenges Live Nation's control over concert ticket sales through Ticketmaster. This legal action is part of the Biden administration's efforts to combat monopolistic practices in various industries, including tech and online marketplaces.

AAPL

2 minute read

Ferrari Aims to Challenge Tesla with Launch of Electric Supercar in 2025

By Anusuya Lahiri

May 23, 8:18 AM

Ferrari's CEO expects high electric supercar demand, plans 2025 launch and new factory in Italy. Sales and EPS beat estimates.

DAVA

1 minute read

Ford Alone Stumbles In New EU April Registrations, While Tesla And Hyundai Gain Ground

By Anan Ashraf

May 23, 8:07 AM

Though South Korean auto brand Kia also witnessed a 12.6% dip in registrations, it was offset by the rise in registrations for its sister brand Hyundai.

1 minute read

Snowflake To Boost Collaboration With Nvidia – What’s Going On?

By Nabaparna Bhattacharya

May 23, 8:03 AM

Snowflake hints at deeper collaboration with Nvidia, citing shared AI initiatives and upcoming product reveals at its Data Cloud Summit.

NVDA

1 minute read

What’s Going On With Alibaba Stock On Thursday?

By Anusuya Lahiri

May 23, 7:32 AM

Alibaba Group (NYSE: BABA) is considering a $5 billion convertible bond sale, following rival JD's move. This could fund share repurchases and growth. BABA's ADRs have dropped 6.6% this week. Reports of bearish sentiment from U.S. short sellers may have caused this. BABA reported 7% revenue growth in Q4 2023. BABA stock has lost 0.24% in the last 12 months.

BABA

2 minute read

Nvidia At The Center Of Global ‘Sovereign AI’ Wave: Here’s What It Means

By Kaustubh Bagalkote

May 23, 7:30 AM

Nvidia is emerging as a key player in the global drive for 'Sovereign AI' as nations seek to develop independent AI capabilities, a trend that could significantly boost the company's long-term growth.

NVDA

1 minute read

What’s Going On With Nvidia Supplier Taiwan Semi Stock On Thursday?

By Anusuya Lahiri

May 23, 7:29 AM

TSM predicts 10% revenue growth in semiconductor industry, driven by AI. Plans to triple 3nm capacity by 2024. Stocks up 73% in past year.

AAPL