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HomeBusiness

Business

AMD latest chips for AI PCs to compete with Intel, Nvidia, CWEB analysts review

Advanced Micro Devices (AMD) is the latest chip design firm to unveil its new processors for artificial intelligence-enabled personal computers. On Tuesday, AMD described its Ryzen processors as the most powerful chips for business PCs. The chip designer is...

JetBlue Airways Earns an Upgrade at JPMorgan

JPMorgan analysts upgraded JetBlue Airways (NASDAQ:JBLU) to Neutral from Underweight, setting a price target of $7 on the stock. The analysts noted that while the improved earnings forecast for 2025 doesn't support a higher rating, JetBlue is positioned for...

eBay Double Upgraded at Morgan Stanley, Shares Gain 3 percent

eBay (NASDAQ:EBAY) shares gained more than 3% pre-market today after Morgan Stanley analysts upgraded to Overweight from Underweight, substantially raising the price target to $62 from $35. The analysts highlighted eBay's adoption of site-wide horizontal solutions and generative AI...

Las Vegas Sands Shares Drop 3 percent Despite Better Than Expected Q1 Results

Las Vegas Sands (NYSE:LVS) shares fell more than 3% pre-market today despite the company exceeding analyst expectations in its first-quarter financial report, with earnings per share of $0.75 surpassing the anticipated $0.61. The company's revenue reached $2.96 billion, slightly...

Nokia Stock Gains 3 percent Following Q1 Results

Nokia (NYSE:NOK) shares rose more than 3% pre-market today despite the company's announcement of a Q1 profit that was smaller than expected, affected by subdued demand for 5G equipment in North America and India. The Finnish telecommunications equipment maker recorded...

Equifax Stock Plunges 9 percent After Q1 Results

Equifax (NYSE:EFX) shares tumbled more than 9% in premarket trading Thursday following the company's announcement of second-quarter and full-year financial guidance that didn't meet analysts' forecasts. In its fiscal first quarter of 2024, Equifax reported earnings per share (EPS) of...

Taiwan Semiconductor Reports a Q1 Beat Due to Strong AI Demand

Taiwan Semiconductor Manufacturing (NYSE:TSM), the world's leading contract chipmaker, reported a robust profit for the first quarter, surpassing expectations due to rising demand from the burgeoning artificial intelligence sector. TSMC announced a net income of T$225.49 billion for the quarter...

Crown Castle International Corp. Q1 2024 Financial Analysis

Crown Castle International Corp. Financial Performance Analysis On Wednesday, April 17, 2024, Crown Castle International Corp. (NYSE:CCI) disclosed its financial performance for the first quarter of the year, presenting a mixed bag of results that caught the attention of investors...

Netflix Price Target Raised to $713 by BMO Capital Analyst Brian Pitz

Brian Pitz of BMO Capital Raises Netflix Price Target Brian Pitz of BMO Capital has recently updated the price target for Netflix (NFLX:NASDAQ) to $713, up from its previous target, indicating a strong confidence in the company's future performance. This...

VinFast Auto Stock Plunges 11 percent After Q1 Earnings

VinFast Auto (NASDAQ:VFS) shares dropped more than 11% intra-day today following the announcement of first-quarter results that did not meet analyst expectations. The electric vehicle (EV) manufacturer reported a larger-than-expected loss per share of 6,340 dong, against analysts' forecasts...