AMD may be in the position to gain market share in the competitive chip space. Baird analyst Tristan Gerra upgraded AMD stock to Outperform in a new note. Gerra sees the stock popping 35% to $100. The stock gained 2% in pre-market trading to nearly $74. Gerra thinks AMD’s new Genoa chips, released last week, will further widen its competitive moat. “Supply chain checks highlight strong reception of Genoa (5nm Zen 4) at data center OEMs, which are shifting significant resources in support of… Source link
Read More »Electric vehicle makers burning cash, slammed by sky-high costs
By Akash Sriram (Reuters) – Every time Lucid Group Inc or Rivian Automotive Inc sells an electric car, they are losing hundreds of thousands of dollars due to staggering raw material and production costs, their latest earnings statements showed. Quarterly reports from electric vehicle (EV) makers from the past two weeks show them struggling to hit delivery targets and rapidly burning through cash. Lucid’s cost of revenue surged to $492.5 million in the July-September quarter from $3.3 million a… Source link
Read More »FTX’s bust and crypto crash come with two silver linings
This article first appeared in the Morning Brief. Get the Morning Brief sent directly to your inbox every Monday to Friday by 6:30 a.m. ET. Subscribe Monday, November 14, 2022 Today’s newsletter is by Brian Sozzi, an editor-at-large and anchor at Yahoo Finance. Follow Sozzi on Twitter @BrianSozzi and on LinkedIn. Read this and more market news on the go with Yahoo Finance App. Let’s look at the bright side of the FTX-driven crypto crash to kick off what will likely be another long week for the… Source link
Read More »Three Metrics You Should Know To Optimize Google Ads
The Google-mandated switch to Google Analytics 4 (GA4) is fast approaching. Most marketers grasp the GA4 basics, but there are still plenty of benefits and features of GA4 that are worth knowing. While there are many hidden wonders of GA4, I’ve discovered a few noteworthy ones. And since Google Analytics is all about numbers, here are three metrics marketers should know to drive impact when optimizing Google Ads campaigns. What Is A Metric First and foremost, let’s review what a metric… Source link
Read More »Google’s resistance to third party Play store payments eases • The Register
Google’s resistance to allowing third-party payment systems to touch its Play digital store appear to be ebbing away, with the search and ads giant last week announcing it has commenced tests of payment choice in the USA. Citing “strong interest from developers around the world” after a May 2022 announcement of third=party payments pilot in Australia, India, Indonesia, Japan, and the European Economic Area, Google last week declared “that based on the positive response and initial… Source link
Read More »Elon Musk says ‘I have too much work on my plate’
By Leika Kihara NUSA DUA, Indonesia (Reuters) -Billionaire Elon Musk said on Monday he was working “at the absolute most amount…from morning til night, seven days a week” when asked about his recent acquisition of Twitter and his leadership of automaker Tesla Inc. “I have too much work on my plate that is for sure,” Musk said by videolink to a business conference on the sidelines of the G20 summit in Bali. Musk is chief executive of both companies and also runs rocket firm SpaceX, brain-chip… Source link
Read More »Smartphone chip firm MediaTek CEO sees ‘incremental’ move away from Taiwan
By Jane Lanhee Lee (Reuters) – Tensions between China and the United States are pushing some manufacturer companies to talk about moving some of their supply chain away from Taiwan as well, although it’s “incremental,” the head of Taiwan’s most important smartphone chip design firm told Reuters over the weekend. Some of the “very large (equipment manufacturers) will require their chip suppliers to have multiple sources, like from Taiwan and from U.S., or from Germany or from Europe,”… Source link
Read More »Loaded 49ers host Justin Herbert, Chargers
Justin Herbert leads the Chargers against the 49ers on Sunday Night Football. (Photo by Todd Kirkland/Getty Images) Sunday Night Football in Week 10 features the high-powered San Francisco 49ers in a cross-conference matchup with Justin Herbert and the Los Angeles Chargers. Which team will pick up a quality win? Follow all the action right here with Yahoo Sports. Source link
Read More »Crypto.com’s errant $405M transaction triggers investors after FTX fiasco
Crypto exchange Crypto.com is under the microscope after sending $405 million to the wrong recipient, raising alarm bells among crypto watchers after the whirlwind unraveling this week of competitor exchange FTX, which filed for bankruptcy on Friday. Some crypto watchers scrutinizing the transaction speculated it was an attempt to fluff trading volumes. Complicating the hoopla, the analyst who first caught the transaction turned out to be an employee of rival exchange, Coinbase. It also… Source link
Read More »Benefits For The Aging Brain
As cannabis users get older and/or as weed consumption among seniors becomes more common (it has quadrupled in the past seven years!) a group of scientists honed in on this large demographic of pot-smoking baby boomers..and guess what? Their results suggest that the use of whole-plant cannabis does not have a negative impact on cognition. In fact, the opposite is true. The study, done at the University of Colorado Boulder, examined the effects of cannabis use in adults aged 60 to 88 with no… Source link
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