Box shares experienced a slight boost in trading following the announcement of a strategic partnership with Microsoft Azure ($MSFT) aimed at enhancing AI capabilities. The […]
Category: Stock In News
JD.com Outperforms Q4 Earnings Estimates, Announces Share Buyback and Dividend, Despite Decline in Operational Income
JD(.)com Q4 Earnings Highlights: Earnings Per Share (EPS): JD.com reported an EPS of CNY5.30, surpassing the estimated CNY4.51, indicating positive performance. Revenue: The company exceeded […]
Morgan Stanley Cuts Tesla’s Price Target to $320 PT Amidst Concerns of 2024 Challenges
Morgan Stanley recently revised its price target for Tesla ($TSLA) from $345 to $320, maintaining an Overweight rating. According to analyst Adam Jonas, Tesla faces […]
Shift in Corporate Finance: US Blue-Chip Companies Opt for Equity Issuance Over Borrowing
Blue-chip companies in the US are finding it more cost-effective to issue shares instead of borrowing in the debt markets for the first time in […]
Global Internet Disruption: Red Sea Cable Attacks Send Shockwaves Through Digital Connectivity
A sweeping global internet outage unfolded as a consequence of targeted attacks by Houthi rebels, who strategically severed three crucial underwater data cables in the […]
Internet Widespread Outages: Facebook, Instagram, YouTube, Google, and More Affected
Presently, the United States is grappling with a Internet outage that has unleashed widespread disruptions across major social platforms. Facebook, the flagship of Meta, has […]
Bitcoin Hits $68,300, $105M Shorts Liquidated, BlackRock Seeks More ETFs, MicroStrategy Raises $600M for Bitcoin Expansion
Bitcoin faced a retracement upon approaching $68,850, falling just $150 short of its record peak. Shortly thereafter, rapid market fluctuations led to a $2,000 plunge […]
Wedbush Analysts Bullish on Apple’s Future Despite China Headwinds: Brighter Days Ahead
Wedbush maintains a bullish outlook on Apple despite recent share declines. Analysts acknowledge the current “dismal” sentiment, particularly due to China-related challenges. Wedbush’s Daniel Ives […]
Alibaba’s $600 Million Gamble: Transformative Investments Propel MiniMax and Moonshot AI to a Collective Valuation of $2.5 Billion
Alibaba invested over $600 million in MiniMax, an AI startup, valuing it at $2.5 billion, showcasing a strategic commitment to emerging technologies. This investment reflects […]
Boeing Secures $439.6 Million Contract for Advanced Military Satellite WGS-12: A Key Player in Strengthening U.S. Military Communications
The U.S. Space Force awarded Boeing a $439.6 million contract to produce WGS-12, a communications satellite for the military. WGS-12 is the twelfth satellite in […]
Bajaj Markets Offers Easy Access to Personal Loans
Newsvoir Bajaj Markets, a subsidiary of Bajaj Finserv, helps individuals gain instant access to funds through personal loans. 15+ leading lenders in India offer personal […]
RBI Directs JM Financial: Ceases Financing Against Shares and Debentures Due to Serious Deficiencies
The Reserve Bank of India (RBI) has issued a prompt directive to JM Financial Products, instructing the immediate cessation of financing activities involving shares and […]