BZ Data Project

Rosenblatt analyst Hans Mosesmann maintained a Sell rating on Intel Corp (NASDAQ:INTC) with a price target of $17. Mosesmann expects Intel to deliver inline fiscal 2024 second-quarter earnings based on flat to up sales growth, stabilizing PC dynamics, and a bottoming in the Altera, Mobileye, and...

Alibaba Group Holding Ltd (NYSE:BABA) shares surged the most in two months as investors welcomed the company’s new strategy to increase merchant service fees. Following the announcement of this new revenue model, the stock jumped as much as 5.8% in Hong Kong and close to 3% in the U.S. market...

Walt Disney Co (NYSE:DIS), Disney Entertainment, and Warner Bros. Discovery Inc (NASDAQ:WBD) have launched a new streaming bundle in the U.S., combining Disney+, Hulu, and Max. The bundle is available for purchase on any of the three streaming platforms' websites. The bundle costs $16.99/month with...

Amazon.com Inc (NASDAQ:AMZN) is making significant strides in artificial intelligence with its homegrown AI chips. In its Austin, Texas, chip lab, Amazon engineers are rigorously testing a new server design that features these AI chips, aiming to reduce reliance on Nvidia Corp’s (NASDAQ:NVDA...

Alibaba Group Holding (NYSE:BABA) and Tencent Holdings have quickly integrated Meta Platforms Inc’s (NASDAQ:META) latest artificial intelligence (AI) model Llama 3.1 into their cloud services. Alibaba Cloud, the e-commerce giant’s online computing platform, was among the first to...

AMC Entertainment Holdings, Inc (NYSE:AMC) is trading up Thursday, reversing its Wednesday losses. The stock is up over 7%. The American movie theater chain got a boost from Imax Corp’s (NYSE:IMAX) upbeat second-quarter print on Thursday. The Canadian production theatre company’s...

Advanced Micro Devices, Inc (NASDAQ:AMD) has postponed the launch of its highly anticipated Zen 5 processors, including the 16-core, 32-thread Ryzen 9 9950X, which it claims to be “the world’s most powerful desktop consumer processor.” The company discovered that some initial...

Stellantis NV (NYSE:STLA) stock plunged after the automaker reported dismal financial results for the first half of 2024 on Thursday. Net revenue was 85 billion euros ($91.53 billion), down 14% year over year, primarily due to the decline in volume and mix. First half net profit came in at 5.6...

ASE Technology Holding Co (NYSE:ASX) reported a fiscal second-quarter 2024 net revenue growth of 2.9% year-on-year to 140.24 billion New Taiwan dollars ($4.35 billion), missing the analyst consensus estimate of $4.51 billion. The revenue of the Apple Inc (NASDAQ:AAPL)...

STMicroelectronics NV (NYSE: STM) reported a fiscal second-quarter 2024 revenue decline of 25.3% year-on-year to $3.23 billion, beating the analyst consensus estimate of $3.20 billion.  The Tesla Inc (NASDAQ:TSLA) and Apple Inc (NASDAQ:AAPL) supplier’s EPS of $0.38...

U.S. chip stocks led by Nvidia Corp (NASDAQ:NVDA), Advanced Micro Devices, Inc (NASDAQ:AMD), Taiwan Semiconductor Manufacturing Co (NYSE:TSM), Broadcom Inc (NASDAQ:AVGO), Qualcomm Inc (NASDAQ:QCOM), Arm Holdings Plc (NASDAQ:ARM), Intel Corp (NASDAQ:INTC), Micron Technology, Inc (NASDAQ:MU) are...

AT&T Inc (NYSE:T) reported fiscal second-quarter 2024 operating revenues of $29.8 billion, down 0.4% year over year and missing the analyst consensus estimate of $29.9 billion. Adjusted EPS of $0.57 is in line with the analyst consensus estimate. The stock price gained after the...

Grab Holdings Limited (NASDAQ:GRAB) goes Uber Technologies, Inc (NYSE:UBER) way with the latest move. The ride-hailing company is expanding its services beyond ride-hailing and food delivery by entering Southeast Asia’s competitive restaurant booking industry. For comparison, Uber reported...

Advanced Micro Devices, Inc (NASDAQ:AMD) announced Monday that President Victor Peng will retire effective August 30, 2024. Peng will remain on the AMD executive team in an advisory capacity to aid the transition until his retirement. Victor Peng re-joined AMD in 2022 after the acquisition of...

Alibaba Group Holding Ltd (NYSE:BABA) is introducing free overseas shipping on apparel orders through its flagship retail platform, Taobao, in a strategic move to compete with cross-border e-commerce rivals PDD Holdings Inc (NASDAQ:PDD) Temu and Shein. The program will start on August 3 and...