[ad_1] Amazon.com, Inc AMZN launched a portal for buying insurance in the U.K., challenging veteran price comparison sites. Amazon launched a home insurance comparison service a week after Apple Inc AAPL announced…
[ad_1] Softbank Group Corp SFTBF SFTBY offloaded its stake in the struggling British online shopping firm THG Plc THGPF THGHY to co-founder Matthew Moulding and Qatar Investment Authority. The move ended speculation about…
[ad_1] Walmart Inc WMT launched a new platform Walmart Creator, designed around creators better known as influencers. Walmart Creator is a one-stop portal that allows creators to monetize shoppable products…
[ad_1] Rupert Murdoch weighed merging his media empire, News Corp NWSA and Fox Corp FOX, nearly a decade after the companies split. People familiar with Murdoch’s proposal said both companies could benefit from being…
[ad_1] Wells Fargo analyst Colin Langan maintained Tesla Inc TSLA with an Equal-Weight and cut the price target from $280 to $230. As TSLA will report Q3 EPS post-close on October 19, he forecasts…
[ad_1] Meta Platforms Inc META top product design executive, Vice President Margaret Stewart, said she would depart in mid-November after more than ten years at the company. She marveled at…
[ad_1] Taiwan Semiconductor Manufacturing Company Ltd (NYSE: TSM) reported third-quarter revenue growth of 35.9% year-on-year to $20.23 billion, beating the consensus of $19.91 billion. EPS of $1.79 per ADR beat the consensus of $1.70. Needham analyst…
[ad_1] Citi analyst Arren Cyganovich downgraded American Express Co AXP to Sell from Neutral with a price target of $130, down from $159. Citi’s economics team has forecast a modest U.S. slump…
[ad_1] Needham analyst Laura Martin reiterated Underperform on Meta Platforms, Inc META. She admired Mark Zuckerberg’s commitment to a vision despite overwhelming odds. The analyst highlighted Meta’s sharp contrast to Apple Inc’s AAPL events.…
[ad_1] A federal judge in Maryland declined to halt Booz Allen Hamilton Holding Corp’s BAH acquisition of a competing cybersecurity company EverWatch, scoring a victory against the Department of Justice. …
[ad_1] Citi analyst Atif Malik cut estimates and price targets on cloud data-centric semis Nvidia Corp NVDA and Marvell Technology, Inc MRVL. He maintained a Buy on Nvidia and reduced the price target…
[ad_1] Lyft, Inc LYFT trialed an earnings algorithm allowing drivers in 18 U.S. cities to see destination and pay details before accepting a request. With upfront pay, drivers can now…
[ad_1] ASE Technology Holding Co, Ltd ASX reported its unaudited consolidated net revenues for September and the third quarter of 2022. ASE reported 12.2% year-on-year net revenue growth to $2.2…
[ad_1] Citigroup analyst Christopher Danely maintained Advanced Micro Devices, Inc AMD with a Neutral, cut the price target from $96 to $65, and lowered his estimates. AMD negatively pre-announced its Q3 results…
[ad_1] Telenor ASA TELNF TELNY agreed to divest a minority stake in its Norway fiber assets to a consortium led by KKR & Co Inc KKR and Oslo Pensjonsforsikring for 10.8 billion kroner…
[ad_1] Spotify Technology S.A. SPOT pulled 11 original podcasts from the platform. It will impact studios Parcast and Gimlet and involve less than 5% layoffs from Spotify’s podcast staff, TechCrunch reports.…
[ad_1] Alphabet Inc GOOG GOOGL Google looks to set up an African cloud service as part of its $1 billion investment plan for the continent enabling users to store their data in…
[ad_1] Block, Inc SQ owned “Buy Now, Pay Later” unit Afterpay launched a new payment solution just ahead of the busy holiday shopping season. The payment solution offers consumers even…
[ad_1] SoftBank Group Corp SFTBF SFTBY founder and CEO Masayoshi Son discussed long-term cooperation between chip designer Arm Ltd and Samsung Electronics Co, Ltd SSNLF. However, he did not propose that Samsung invest…
[ad_1] Softbank Group Corp SFTBF has started laying off employees at its loss-making Vision Fund and will likely cut at least 30% of its staff. Softbank has started telling…
[ad_1] Citi analyst Ronald Josey reiterated a Buy rating on Amazon.com Inc AMZN with a $185 price target. Amazon’s refreshed device lineup furthers its connected home vision, the analyst said. While…
[ad_1] Amazon.com, Inc AMZN boosted pay for its U.S. front-line employees, effective October. The hike called for a nearly $1 billion investment over the next year and a new benefit, Anytime…
[ad_1] Micron Technology, Inc MU will release 4Q22 results on September 29 after the market close, Citi analyst Christopher Danely highlighted. He expects the company to print and guide below the…
[ad_1] RBC Capital analyst Joseph Spak maintained Rivian Automotive Inc RIVN with an Outperform and cut the price target from $75 to $62. Spak found a sizeable addressable market that is up for…
[ad_1] The EQT X fund agreed to acquire BTRS Holdings Inc BTRS, a B2B accounts receivable automation and integrated payments company, in an all-cash transaction valuing Billtrust’s equity at $1.7 billion. Billtrust shareholders…