Tech Archives - Page 80 of 1385

2 minute read

Netflix’s ‘Baby Reindeer’ Could Face Legal Action, Piers Morgan Says It’s A ‘Big Problem’ For The Platform And Richard Gadd

May 20, 9:25 PM

Netflix's series "Baby Reindeer" faces potential legal challenges as Fiona Harvey, identified as the inspiration for a character, plans to sue for defamation and other claims, posing significant issues for the platform and the show's creators.

NFLX

3 minute read

Treasury Secretary Yellen Rejects Global Billionaire Tax: Big Relief For Elon Musk, Jeff Bezos, Bill Gates And Mark Zuckerberg

By Piero Cingari

May 20, 6:02 PM

The U.S. has rejected proposed global wealth tax on billionaires, citing concerns and stating that it cannot support such an initiative.

TSLA

3 minute read

NVIDIA Q1 Earnings Preview: Analysts Anticipate Strong Results, Top AI Stock — ‘Best Secular Idea In All Of Technology’

By Chris Katje

May 20, 5:43 PM

Analysts expect a beat and raise for Nvidia's first quarter. Here are the key items to watch according to analysts.

NVDA

2 minute read

AI-Driven Rally Set To Expand To Power, Commodities, Utilities: ‘It’s Not Just About Nvidia Anymore’

By Piero Cingari

May 20, 4:51 PM

Nvidia prepares for Q1 2024 earnings, with EPS expected to be 5x higher than last year and revenue projected to be 3x higher. AI-driven gains extend beyond chipmaking to power, commodities, and utilities, with Nvidia's market cap increasing by $1.5 trillion since Q1 2023.

CEG

2 minute read

Zoom Q1 Earnings: Revenue Beat, EPS Beat, Cash Flow Surges, Continued AI Integration And More

By Adam Eckert

May 20, 4:21 PM

Zoom reports first-quarter revenue of $1.14 billion, beating the consensus estimate of $1.13 billion billion. Zoom's top-line results were up 3.2% on a year-over-year basis. Enterprise revenue was up 5.3% year-over-year, while online revenue was flat on a year-over-year basis. The communications company reported adjusted earnings of $1.35 per share, beating analyst estimates of $1.20 per share.

3 minute read

Institutional Investors Favor Oracle, Global Payments, Micron Stocks Over Apple And Nvidia In Q1

By Surbhi Jain

May 20, 4:11 PM

In Q1 of 2024, institutional investors showed a shift towards tech stocks, particularly Oracle, Global Payments, and Micron. This reflects growing confidence in these emerging leaders over traditional giants like Nvidia and Apple.

AAPL

2 minute read

Meta And LG Slow Down XR Collaboration As LG Considers Amazon Partnership: Report

By Franca Quarneti

May 20, 3:56 PM

LG reportedly pauses its XR partnership with Meta, originally set to rival Apple's Vision Pro. LG denies ending the deal, targets a 2027 release.

AAPL

2 minute read

‘Well-Positioned’ Rubrik Faces $34-Billion Cybersecurity Opportunity: 2 Analysts Bullish After IPO

By Priya Nigam

May 20, 3:47 PM

Rubrik (RBRK) has a potential for long-term growth in the backup and recovery market, analysts say, initiating coverage with bullish ratings.

RBRK

3 minute read

Zoom, Snowflake, Intuit Face Short-Term ‘Choppiness,’ But Long-Term Gains Will Follow: JPMorgan

By Hayden Buckfire

May 20, 2:53 PM

Zoom, Snowflake, Intuit, and Workday have had mixed success. JP Morgan analyst remains optimistic for long-term growth, but expects short-term volatility.

INTU

2 minute read

Nvidia Set For Steady Gains With Software-Centric Shift And Blackwell Transition, Analysts Say

By Anusuya Lahiri

May 20, 2:16 PM

Analysts expect strong performance for Nvidia with improved supply. Morgan Stanley analyst Joe Moore reiterated an Overweight rating on Nvidia with a price target of $1,000.

AMD