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Charter-Warner Bros Deal: Warner Adds Max To Spectrum TV, Charter Pays More For Premium Channels
Thursday, September 12, 2024 - 2:18pm | 432Warner Bros. Discovery Inc (NASDAQ:WBD) and Charter Communications, Inc (NASDAQ:CHTR) announced a multi-year distribution partnership to integrate linear video and streaming services. Both the company stock prices gained after the revelation. Now, Warner Bros. Discovery’s premium...
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Google Picks Taiwan Semiconductor For Pixel Chips, Samsung Loses Key Deal: Report
Thursday, September 12, 2024 - 9:29am | 495Google looks to dump Samsung Foundry for Taiwan Semiconductor Manufacturing Co (NYSE:TSM) by 2025. What Happened: Samsung Electronics (OTC:SSNLF) owns Samsung Foundry. The company lost a critical Alphabet Inc (NASDAQ:GOOG) (NASDAQ:GOOGL) Google smartphone deal to rival Taiwan Semiconductor due to...
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Jack Ma Urges Alibaba to Embrace Competition, Highlights Growth Opportunities
Wednesday, September 11, 2024 - 8:59am | 456Alibaba Group Holding (NYSE:BABA) co-founder Jack Ma urged the company to believe in market forces, citing competition as a potent growth driver. “Many of Alibaba’s business face challenges and the possibility of being surpassed, but that’s to be expected as no...
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Meta Exemplifies Benefits Of Founder Leadership More Than Any Other Mega Cap Including Nvidia: Analyst
Tuesday, September 10, 2024 - 2:46pm | 564DA Davidson analyst Gil Luria initiated coverage on Meta Platforms Inc (NASDAQ:META) with a Buy rating and a price target of $600. Luria noted Meta Platforms as a top pick within the mega-cap space, with a combination of emerging leadership in the most critical future technology platforms and...
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Amazon and Oracle Partnership Unlocks Major Cloud Growth Opportunity, Analyst Suggests
Tuesday, September 10, 2024 - 1:23pm | 720BofA Securities analyst Justin Post maintained a Buy rating on Amazon.Com Inc (NASDAQ:AMZN) with a price target of $210. The re-rating followed Oracle Corp (NYSE:ORCL) and Amazon Web Services’ new partnership, which connects Oracle’s Autonomous Database & Exadata Database and AWS...
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Nvidia Faces Investor Scrutiny Over Blackwell Chip Delays, Big Revenue Expected: Report
Tuesday, September 10, 2024 - 1:12pm | 509Nvidia Corp’s (NASDAQ:NVDA) jittery investors await an update on its Blackwell chip rollout ahead of the Goldman Sachs Group Inc (NYSE:GS) conference in San Francisco, where Nvidia chief Jensen Huang will speak with Goldman chief speak with David Solomon, Bloomberg reports. The stock...
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Amazon Targets Walmart's Grocery Market with Expanded Prime Discounts
Tuesday, September 10, 2024 - 8:40am | 456Amazon.com, Inc (NASDAQ:AMZN) expanded its Prime member benefits for grocery shoppers, offering significant discounts at Amazon Fresh stores, making it more affordable and convenient for customers. The update includes exclusive savings on more than 3,000 grocery items for Prime members, both online...
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AMD vs. Nvidia: AMD's Surprising Strategy Shift in Gaming GPU Battle
Monday, September 9, 2024 - 11:08am | 460Advanced Micro Devices, Inc. (NASDAQ:AMD) is shifting its focus to the gaming GPU market, prioritizing a strategy to gain a larger market share. This approach marks a significant shift away from competing directly with Nvidia Corp’s (NASDAQ:NVDA) highest-end gaming GPUs, at least for now,...
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Intel Eyes Mobileye Stake Sale Amid Pressure, Stock Slides
Friday, September 6, 2024 - 7:22am | 450Mobileye Global Inc (NASDAQ:MBLY) stock is trading lower Friday amid reports that Intel Corp (NASDAQ:INTC) is eying a strategic stake sale of the Israeli autonomous driving company. Intel could sell up to 88% of its stake in Mobileye, Bloomberg cites familiar sources. The company will decide this...
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Taiwan Semi's Supplier Dismisses Selloff, Projects Strong AI Growth Surge
Thursday, September 5, 2024 - 11:59am | 561Taiwan Semiconductor Manufacturing Co (NYSE:TSM) supplier chief expressed conviction over artificial intelligence's potential to trigger the semiconductor industry's growth trajectory. Scientech Corp CEO Hsu Ming-Chi expects sequential quarterly sales growth in the second half of 2024, backed by...
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Taiwan Semiconductor Bets on AI Growth Surge, Samsung Joins AI Optimism In Trade Show
Wednesday, September 4, 2024 - 10:58am | 457Taiwan Semiconductor Manufacturing Co (NYSE:TSM) and Samsung Electronics (OTC:SSNLF) senior officials expressed their conviction on artificial intelligence prospects at the Semicon Taiwan industry forum in Taipei on Wednesday, as per Reuters. In July, Samsung reported its highest...
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Alibaba's Taobao and Tmall Launch New Tech Venture, Eyeing Global Market Growth
Wednesday, September 4, 2024 - 9:26am | 456Alibaba Group Holding’s (NYSE:BABA) online retail platforms Taobao and Tmall Group (TTG) have formed a new “digital technology” company with a registered capital of 10 million yuan ($1.4 million). The new firm called “Hangzhou Taobao and Tmall Digital Technology Co...
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What's Going On With AMD Stock On Wednesday?
Wednesday, September 4, 2024 - 9:10am | 527Advanced Micro Devices, Inc (NASDAQ:AMD), has hired Keith Strier of Nvidia Corp (NASDAQ:NVDA) as senior vice president of global artificial intelligence markets. Strier will lead AMD’s AI vision, driving new ecosystem capabilities and accelerating strategic AI engagements globally across...
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Intel's Place In Dow In Jeopardy, AI Strategy Under Scrutiny: Report
Tuesday, September 3, 2024 - 12:26pm | 423Intel Corp (NASDAQ:INTC) and Microsoft Corp (NASDAQ:MSFT) were among the companies that entered the Dow Jones Industrial Average during the dot-com era. Analysts and investors told Reuters Intel was likely to be removed from the Dow, pointing to the company’s stock price trajectory. Intel...
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Microsoft's AI PCs Stumble With Game Compatibility: Report
Tuesday, September 3, 2024 - 9:33am | 701Microsoft Corp (NASDAQ:MSFT) recently launched a new line of Windows PCs with AI capabilities. However, the Wall Street Journal reports that these PCs, powered by Qualcomm Inc (NASDAQ:QCOM) chips using designs from U.K.-based Arm Holdings Plc (NASDAQ:ARM), need help with gaming compatibility....