Tag Archives: share

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

Tesla (TSLA) slipped today following disclosure of another stock sale from CEO Elon Musk, with the shares now down nearly 49% year to date. In a filing submitted with the SEC on Tuesday, Musk declared he sold around 19,500,000 shares over the course of three days in November, worth around $3.95 billion. The latest sale comes only a few days after Musk closed his deal to buy Twitter on October 27, in a deal worth $44 billion. It is unclear how much outside equity and personal money Musk has… Source link

All it took for Elon Musk to set the hearts of Tesla investors aflutter was one simple word. A full week after Singapore-based billionaire Leo KoGuan warned only a stock buyback or 100% earnings growth would pull Tesla out of its current slump, Musk finally replied to his third largest shareholder. “Noted,” he wrote on Thursday. Minutes later the stock reversed its losses as investors took this as a clear sign that Musk might greenlight Tesla spending anywhere between $5 billion to even… Source link

Google introduced Thursday a bevy of new features for Android devices, including an upgrade to a self-share option that works like rival Apple’s AirDrop and lets users transfer files across its ecosystem of phones, tablets, and Chromebooks. The wide range of upgrades — from the self-share feature and redesigned widgets to sound alerts, audio descriptions for Google TV, and live-sharing on Google Meet — are all designed to boost productivity, communication, accessibility and… Source link

Google hosted its annual Google Marketing Live event on May 24, 2022. A key focus of the event was projections for future growth of Google Ads. During Google’s Q1 earnings call, the company touted 24% search revenue growth year over year. John Nicoletti, Google’s VP of Global Product and Sales Activation, led the session on charting the future of ads growth. He shared two key building blocks for advertisers to separate themselves from the pack: Go all in on automation to level up search… Source link

When Google launched Nearby Share in 2020, Android users everywhere rejoiced. They finally had a tool to rival Apple’s AirDrop, a simple way to move files between devices without having to attach them to an email or upload them to Google Drive just to download them again on a new device. Now, ahead of Google I/O, a few users have noticed an upgrade lurking in Google Play Services that makes Nearby Share even easier. The new “self-share” mode, as spotted by Esper’s Mishaal Rahman… Source link

Elon Musk is sort of becoming like billionaire activist investor Carl Icahn. The Tesla CEO, who has a 9.2% stake in Twitter, offered to buy the social media platform for $54.20 a share on Thursday. Here is what Musk wrote in a letter to Twitter Chairman Bret Taylor, as disclosed in a new SEC filing. “I invested in Twitter as I believe in its potential to be the platform for free speech around the globe, and I believe free speech is a societal imperative for a functioning democracy. However,… Source link

Newly-formed streaming giant Warner Bros. Discovery (WBD) officially began trading on the Nasdaq (^IXIC) on Monday, opening at $24.08 a share in its first day as a publicly-traded entity. Ahead of the company’s Wall Street debut, Evercore ISI Group upgraded the stock from In-line to Outperform, announcing a $40 price target. The $43 billion merger, which closed on Friday, solidifies Discovery CEO David Zaslav’s position as the company’s new chief. WarnerMedia CEO Jason Kilar departed upon the… Source link