Tech Archives - Page 196 of 1385

3 minute read

Billionaire Steve Cohen’s Point72 Can Save $25M By Using AI: Top 5 Tech Stocks Of Firm’s Portfolio

April 5, 9:25 AM

The billionaire investor Steve Cohen's Point72 Asset Management is utilizing AI to save costs and boost efficiency. Cohen predicts AI will lead to a 4-day work week and holds top tech stocks like Amazon in his portfolio.

AMZN

2 minute read

Dan Ives Says This Will Be The ‘Catalyst’ For 15% Rally In Tech Stocks In 2024: ‘Google Here Could Ultimately Have $30-$40 Upside’

By Rounak Jain

April 5, 9:01 AM

Wedbush's Dan Ives is bullish on Microsoft and Google, saying that the "AI revolution" is entering its next phase with improved spending.

GOOG

2 minute read

What’s Going On With BlackBerry Shares Today?

By Nabaparna Bhattacharya

April 5, 8:43 AM

BlackBerry shares are trading higher premarket. On Wednesday, it reported fourth-quarter FY24 results, which showed revenue growth but also revealed challenges in its cybersecurity business.

2 minute read

Cybertruck Deliveries Hit By Electrical Gremlins? Consultant CEO’s Ride Stalls In 5 Miles, Another’s Down In 4 Days

By Anan Ashraf

April 5, 8:15 AM

Popular tech reviewer Marques Brownlee had also raised concerns about production issues with low VIN Cybertrucks.

TSLA

2 minute read

Taiwan Semi, A Key Supplier To Nvidia and Apple Springs Back To Action After Taiwan Earthquake

By Anusuya Lahiri

April 5, 8:03 AM

TSMC resumed construction after brief halt due to Taiwan earthquake. No major impact on production, stock down 1.65%. Other chip suppliers investing in US.

AAPL

2 minute read

$24K Electric SUV Propels South Korean Auto Giant Past Ford, GM In US EV Sales

By Anan Ashraf

April 5, 8:00 AM

Hyundai's Ioniq 6 sedan witnessed a bump in sales of 1,542% to 3,646 units and the Kona subcompact SUV a 20% jump to 23,054 units.

HYMTF

3 minute read

Gene Munster And Dan Ives Disagree On Apple’s Alleged Foray Into Personal Home Robots: ‘It Would Be A Horror Show…’

By Ananya Gairola

April 5, 7:32 AM

Wedbush analyst Ives stated that the market wants Apple to concentrate on enhancing its AI capabilities and not delve into robotics.

AAPL

3 minute read

Hertz’s Mega Tesla Gamble Backfired Due To Sky-High Repair Costs, Unusually High Accident Rates And Customers’ Charging Anxiety, Report Reveals

By Ramakrishnan M

April 5, 7:24 AM

A new report sheds light on the reasons behind the spectacular Hertz-Tesla deal failure, raising questions about the viability of large-scale EV adoption for rental companies.

HTZ

2 minute read

This Penny Stock EV Leaves Big Boys Tesla, Rivian And Lucid In The Dust With 14% YTD Gain

By Anan Ashraf

April 5, 7:23 AM

Tesla shares are down 31.1% year-to-date, while Rivian and Lucid have slumped 52% and 36.1% respectively.

LCID

2 minute read

Amazon Revives Bellevue Tower Construction, Eyes Office Expansion Amid Hybrid Work Shift

By Anusuya Lahiri

April 5, 7:21 AM

Amazon resumes construction of 42-story office tower in Bellevue, Seattle suburb, after pandemic pause. Aims for hybrid work model with 25,000 workers in Bellevue and strategic real estate plan.

AMZN