Dow futures fall 45 pts; tech earnings, growth data in focus
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- Wall St indexes advance with boost from chips, Iran optimism
- Intel soars after Trump says Apple agreed to work with chipmaker on US production
- Apple CEO warns price hikes 'unavoidable' as chip costs bite - WSJ
- Wall Street scrambles to lift Micron price targets ahead of earnings
- SanDisk and Micron surge as Apple confirms memory price pass-through
- Zelenskiy: best guarantee of Europe's future is fast-track EU membership for Ukraine
- Needham Starts NeoVolta (NEOV) at Buy
- CoreWeave trains DeepSeek-V3 in two minutes in MLPerf benchmark
- Companies to add 40 million barrels of oil to US SPR after Iran war ends, energy secretary says
- Tesla acquires AI hardware company for up to $2 billion in stock
Goldman First Take on Meta (META) Q1 2023 Earnings Report: 'expect investors to have an initial positive reaction'
April 26, 2023 4:44 PM EDTGoldman Sachs analyst Eric Sheridan reiterated a Buy rating and $2,455.00 price target on Meta Platforms Inc. (NASDAQ: META).
The analyst comments "We would expect investors to have an initial positive reaction to META's Q1 23 earnings report with a strong set of results that focused on a few key themes: 1) Q1... More
Evercore ISI Stays Outperform on Microsoft (MSFT): 'this announcement should not distract from the broader narrative around cloud/AI'
April 26, 2023 9:26 AM EDTEvercore ISI analyst Kirk Materne reiterated an Outperform rating and $337.00 price target on Microsoft (NASDAQ: MSFT).
The analyst comments "In a somewhat surprising move after a lot of back/forth between the two parties, the CMA denied Microsofts acquisition of Activision based on concerns about the downstream implications on the cloud gaming market. There are a lot of potential long-term implications for tech M&A that are worth discussing at another time, but the bottom line as it relates to MSFT/ATVI is that the process from here... More
Renault aims for software to be on par with Tesla (TSLA) by 2026
April 24, 2023 3:42 PM EDTFrench automotive group, Renault on Monday detailed the new software architecture of its future vehicles which it claims will be on par with Tesla (NASDAQ: TSLA) by 2026.
Automakers have been living for months under the threat of regular and drastic price cuts from Tesla. In France, the list price of the Tesla Model 3 now starts at... More
Meta Platforms (META) positioned to benefit from AI advancements - Morgan Stanley
April 24, 2023 9:54 AM EDTMorgan Stanley analyst Brian Nowak told investors in a note Monday that Meta Platforms (NASDAQ: META) is positioned to benefit from the AI-focused environment.
In the note, the analyst explained that the firm sees AI-driven behavior change leading to durable multi-year online ad growth, with META positioned to drive and benefit from the changes... More
