[ad_1] The global contract chipmaking revenue will likely fall by 4% in 2023 year-on-year on a pandemic recovery-driven demand correction for the advanced chips that contributed to the fortunes of Taiwan Semiconductor…
[ad_1] Coinbase Global, Inc COIN reportedly hired Lazard, Ltd LAZ advisors as it explored a potential sale that would remove it from Barry Silbert’s Digital Currency Group (DCG). CEO Kevin Worth’s…
[ad_1] Carvana Co CVNA adopted a shareholder rights plan to protect long-term shareholder value by preserving the availability of net operating loss carryforwards (NOLs) and other tax attributes under the Internal…
[ad_1] Microsoft Corp MSFT granted more customers access to the software behind popular artificial intelligence tools made by OpenAI. OpenAI grabbed eyeballs courtesy of its chatbot ChatGPT, adept at answering questions and writing…
[ad_1] Brookfield Asset Management Inc BAM weighed selling technology outsourcing firm Everise for $1 billion as potential buyers flock in. Canadian asset manager Brookfield spoke with financial advisers as it prepared…
[ad_1] Alphabet Inc GOOG GOOGL Google won a ruling enabling the U.K. High Court to settle a dispute with short-film firm Shorts International Ltd. Shorts International alleged YouTube of trademark infringement by using the…
[ad_1] A Manhattan jury ruled that Adidas AG ADDDF ADDYY failed to prove luxury brand Thom Browne Inc’s use of stripes on its clothing violated the sportswear giant’s signature three-stripe trademark. The…
[ad_1] Swiss cybersecurity, AI, and IoT company WISeKey International Holding AG WKEY shared its preliminary revenues for the year ended December 31, 2022. WISeKey’s FY22 revenue rose by 15% year-on-year to…
[ad_1] Infosys Ltd (NYSE: INFY) reported third-quarter FY23 revenue growth of 13.7% year-on-year to $4.66 billion (CC), marginally missing the consensus of $4.69 billion. The Q2 sequential growth was 2.4%. TCV…
[ad_1] Oxbotica, a U.K.-based developer of autonomous vehicle software, raised $140 million in a Series C investment round to deploy its operating system for Universal Autonomy in multiple commercial and industrial…
[ad_1] Tesla, Inc TSLA indicated longer waiting times for potential buyers of some versions of the Model Y in China. Tesla’s stretched waiting times probably signaled that Friday’s price cuts…
[ad_1] NetEase, Inc NTES scooped Canadian gaming studio SkyBox Labs, which co-developed significant games, including Halo Infinite. The financial terms of the transaction remained undisclosed. SkyBox labs will operate…
[ad_1] Mercedes-Benz Group AG DMLRY Chief Technology Officer Markus Schäfer revealed plans to install a network of 2,500 high-powered chargers among 400 hubs in the U.S. by 2027 at CES 2023.…
[ad_1] Greenbrier Companies Inc GBX reported first-quarter revenue growth of 39.2% year-over-year to $766.5 million, beating the consensus of $747.1 million. The company reported $950.7 million in revenue in Q4…
[ad_1] Largest contract electronics maker Hon Hai Precision Industry Co Ltd HNHPF Foxconn’s December revenue dropped 12.3% year-on-year to NT$629.34 billion. Foxconn said revenue for December was better than expected and that…
[ad_1] NVIDIA Corp NVDA launched the 4070 Ti gaming card and expanded RTX gaming GPUs to GeForce NOW (GFN), its cloud gaming platform, and laptops to be available in February. …
[ad_1] Wolfe Research analyst Steven Chubak downgraded Morgan Stanley MS from Outperform to Underperform with a $92 price target in a Wednesday note titled “See Better Wealth Alternatives at Current Valuation: Downgrade MS to Underperform.”…
[ad_1] A group of Microsoft Corp MSFT employees voted to mark the debut of the software company’s labor union in the U.S. The group comprises about 300 quality-assurance testers in Microsoft’s…
[ad_1] Maxim Group analyst Tate Sullivan maintained Euroseas Ltd ESEA with a Buy and lowered the price target from $42 to $36. ESEA announced the sale of the 2001-built containership Akinada Bridge for…
[ad_1] Wedbush reiterated Outperform on Masonite International Corp DOOR with a $115.00 price target. Masonite announced that it would incur one-time restructuring charges during F4Q22, resulting in incremental cost savings in…
[ad_1] Maxeon Solar Technologies, Ltd MAXN named Bill Mulligan as its CEO and member of its board of directors, effective as of January 23, 2023. Mulligan was Chief Operating Officer…
[ad_1] Paychex Inc (NASDAQ: PAYX) reported second-quarter FY23 revenue growth of 7% year-on-year to $1.19 billion, in line with the consensus. Total service revenue grew 7% year-over-year to $1.17 billion. Segments Management…
[ad_1] Raymond James analyst Brian Peterson reiterated Outperform on Global-E Online Ltd GLBE. Peterson re-rated after hosting meetings with co-founder and CEO Amir Schlachet and co-founder and President Nir Debbi, where the…
[ad_1] Knightscope, Inc KSCP and ABM Industries Inc ABM disclosed the deployment of three Autonomous Robots at an international airport parking facility in the U.S. What Happened? The Knightscope self-driving robots will navigate and…
[ad_1] Key Apple Inc AAPL iPhone assembler Hon Hai Precision Industry Co Ltd HNHPF, operating as Foxconn Technology Group, relaxed most anti-Covid restrictions at its factory in Zhengzhou, China. Foxconn ended its “point-to-point”…