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Weight Loss Drug Market To Rocket To $130B By 2030 With Eli Lilly, Novo Nordisk In Lead: Goldman Sachs
Thursday, May 30, 2024 - 11:17am | 541Read More...Goldman Sachs analysts re-rated Eli Lilly And Co (NYSE:LLY) and Novo Nordisk A/S (NYSE:NVO), citing the potential for their weight-loss drugs. The firm expects the global sales of weight-loss drugs to reach $130 billion by 2030, an increase from their prior $100 billion forecast. Analyst Chris...
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Uber's Asia Peer Grab Taps OpenAI to Enhance App Navigation and Customer Support
Thursday, May 30, 2024 - 10:36am | 387Read More...Grab Holdings Inc (NASDAQ:GRAB) will partner with OpenAI to integrate generative AI into its app, marking OpenAI’s first collaboration in Southeast Asia. The Uber Technologies, Inc (NYSE:UBER) competitor plans to use OpenAI’s text and voice capabilities to enhance app navigation for...
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Amazon Boosts Prime Benefits With Grubhub Partnership, Takes Aim At Walmart
Thursday, May 30, 2024 - 10:07am | 444Read More...Amazon.Com, Inc (NASDAQ:AMZN) now offers Prime members free Grubhub subscriptions, enhancing its $139-a-year loyalty program. Previously, Prime members received a yearlong Grubhub subscription with free delivery on orders over $12. This new deal makes Grubhub a permanent Prime benefit, allowing non...
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Nvidia Could Surpass Microsoft in Market Value, Says Jim Cramer: Here's Why
Thursday, May 30, 2024 - 9:07am | 606Read More...According to CNBC’s Jim Cramer, Nvidia Corp (NASDAQ:NVDA) could soon surpass Microsoft Corp’s (NASDAQ:MSFT) market capitalization. He explained that Wall Street is skeptical of Nvidia’s rapid rise, as many need to familiarize themselves with its products. Cramer compared Nvidia...
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Nvidia Accelerates AI Chip Production with New Packaging Tech to Meet Soaring Demand
Wednesday, May 29, 2024 - 7:54am | 469Read More...Nvidia Corp (NASDAQ:NVDA) plans to use Fan-Out Panel Level Packaging (FOPLP) technology for its GB200 AI server chips earlier than scheduled to address the production constraints of Chip on Wafer on Substrate (CoWoS) packaging at Taiwan Semiconductor Manufacturing Co (NYSE:TSM). Industry insiders...
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AMD Expands Partnership with Samsung, New 3nm Chips to Boost Market Share
Wednesday, May 29, 2024 - 7:41am | 495Read More...Advanced Micro Devices, Inc (NASDAQ:AMD) will likely expand its partnership with Samsung Electronics Co (OTC:SSNLF) to develop 3-nanometer chip processing technology. The two companies have a long history of collaboration on graphics processing units (GPUs) for smartphones and high-bandwidth memory...
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Temu's Growth Surge Makes Parent PDD Surpass Alibaba as China's Most Valuable E-Commerce Giant
Wednesday, May 29, 2024 - 7:01am | 523Read More...PDD Holdings Inc (NASDAQ:PDD) and Alibaba Group Holding Limited (NYSE:BABA) have played pivotal roles in China’s e-commerce sector. PDD’s value-for-money strategy and the growth of its Temu marketplace have helped it surpass Alibaba in market value, making it the most valuable company...
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Netflix May End Offline Viewing on Windows App
Tuesday, May 28, 2024 - 12:25pm | 586Read More...Netflix Inc (NASDAQ:NFLX) may soon stop supporting offline viewing on its Microsoft Corp (NASDAQ:MSFT) Windows app, according to multiple posts on X (formerly Twitter). Netflix has started notifying Windows users about this change, which will likely come with an...
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Nvidia, Arm Holdings Emerge As Analyst's Top Picks For Long-Term Growth Potential
Tuesday, May 28, 2024 - 12:02pm | 623Read More...Rosenblatt analyst Hans Mosesmann reiterated a Buy rating on Arm Holdings plc (NASDAQ:ARM) with a price target of $180. The analyst revised his views on Arm in response to recent investor inquiries regarding its performance compared to the industry over the past three months. Mosesmann...
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AMD Grabs 33% of Server CPU Market and Prepares for Major Processor Launch: Report
Tuesday, May 28, 2024 - 8:48am | 741Read More...Advanced Micro Devices, Inc (NASDAQ:AMD) claims it holds a 33% share in the server CPU market as it prepares to launch its next-gen “Turin” processors and unveils a GPU roadmap following the MI300 product line, the Register reports. During the JP Morgan Global Technology...
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What's Going On With Microchip and NXP Semiconductors Stocks Friday?
Friday, May 24, 2024 - 1:33pm | 495Read More...Microchip Technology Inc (NASDAQ:MCHP) and NXP Semiconductors NV (NASDAQ:NXPI) shares are trading higher after Mizuho analyst Vijay Rakesh upgraded the stock ratings to Buy from Neutral. The analyst gave price targets of $115 for Microchip and $325...
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PDD Stock Soars as Goldman Sachs Upgrades Stock On Improved Temu Economics
Friday, May 24, 2024 - 12:05pm | 457Read More...PDD Holdings (NASDAQ: PDD) stock is trading higher after Goldman Sachs analyst Ronald Keung upgraded the stock from Neutral to Buy and raised the price target from $145 to $184. Following PDD’s significant beat, Keung lifted his near-term...
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AMD Chief Lisa Su Foresees Massive Gains in AI and Data Center Efficiency
Friday, May 24, 2024 - 10:25am | 676Read More...Advanced Micro Devices, Inc (NASDAQ:AMD) CEO Lisa Su emphasized the chip designer’s progress toward its 30×25 goal, aiming for a 30x increase in compute node power efficiency by 2025 and now foreseeing a potential 100x improvement by 2026-2027 at a recent event....
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Meta Plans to Charge for Advanced AI Assistant Features
Friday, May 24, 2024 - 10:21am | 456Read More...Meta Platforms Inc (NASDAQ:META) is considering a paid version of its artificial intelligence-powered assistant, Meta AI. The Facebook parent proposes to charge users for more advanced features of the assistant, the Information cited from an internal company post. Meta rivals,...
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Taiwan Semi Supplier Applied Materials Under Scrutiny, Gets Subpoenas For Potential Violation Of Export Restrictions to China
Friday, May 24, 2024 - 8:29am | 461Read More...The U.S.-China geopolitical tensions gained traction, with Applied Materials Inc (NASDAQ:AMAT) receiving another subpoena from the U.S. Department of Commerce in May seeking more information on China shipments. The Taiwan Semiconductor Manufacturing Co (NYSE:TSM) supplier...















