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Business

“Microsoft to invest $2.9 billion to expand AI, cloud infra in Japan”

“Microsoft said on Tuesday it would invest $2.9 billion over two years to expand its cloud and AI infrastructure in Japan, the latest in a series of overseas expansions by large tech firms to support the development of artificial intelligence.… Continue Reading…

Business, Stocks

“Micron Technology Stock Has 21% Upside, According to 1 Wall Street Analyst”

“Shares of Micron Technology (NASDAQ: MU) have surged to new highs this year as the memory chip leader is on the verge of returning to profitable growth. The stock still has room to run, according to Citi analyst Christopher Danely. After talking with the company’s… Continue Reading…

Business

“Intel closes up 9% after earnings beat shows progress toward $3 billion in cost savings”

“Intel stock closed up 9.3% on Friday after the company beat Wall Street expectations for profit and sales. On Thursday, the chipmaker reported earnings per share of 41 cents, adjusted, versus the LSEG estimate of 22 cents. It posted $14.16 billion in revenue… Continue Reading…

Economy, Predictions, Opinions, & Comments, Stocks

“Dow sheds 400 points as investors ditch technology stocks, Nasdaq drops 2%”

“The Dow Jones Industrial Average fell about 430 points, despite a large gain in Merck. The S&P 500 shed 1.2%. The technology-focused Nasdaq Composite was the relative underperformer, dipping roughly 2%. Large tech shares like Apple, Nvidia, Amazon and Microsoft were lower as investors eyed bond… Continue Reading…

Stocks

“Goldman Sachs Pulls the Trigger on These 2 Stocks”

“17 Education & Technology (YQ)… The Goldman review is one of two on record for 17 Education; the other is also a Buy, making the consensus view a Moderate Buy. The stock is priced at $13.5, and the $20.50 average… Continue Reading…

Stocks

“5 Value Stocks In The Technology Sector”

“Below is a list of notable value stocks in the technology sector: Viomi Technology Co (NASDAQ: VIOT) – P/E: 9.69 MIND C.T.I. (NASDAQ: MNDO) – P/E: 9.81 Nortech Systems (NASDAQ: NSYS) – P/E: 5.69 Eltek (NASDAQ: ELTK) – P/E: 9.78 VirnetX Hldg (NYSE: VHC) – P/E: 1.3 Viomi Technology Co’s… Continue Reading…

Stocks

“3 “Strong Buy” Stocks That Could Bloom in 2021”

“Nomad Foods (NOMD)… Overall, Nomad has 6 recent reviews, breaking down in a 5-to-1 split of Buy versus Hold. This makes the analyst consensus view a Strong Buy. The average price target is $28.33, for a 19% one-year upside from… Continue Reading…

Business, Stocks

“Ant Group to raise $34.5 billion, valuing it at over $313 billion, in biggest IPO of all time”

“Ant Group would raise $34.5 billion in its dual initial public offering after setting the price for its shares on Monday, making it the biggest listing of all time. The Chinese financial technology giant previously said it would split its stock… Continue Reading…

Business

“Samsung Wins $6.6 Billion 5G Verizon Deal While Huawei Struggles”

“Samsung Electronics Co. won a 7.9 trillion won ($6.6 billion) order to provide fifth-generation wireless solutions to Verizon Communications Inc. in the U.S., a big win for the electronics giant’s networking gear business. The contract was finalized Friday and is… Continue Reading…

Stocks

“Dow Jones Futures Jump On Memorial Day…”

“Dow Jones futures rose solidly Monday morning, along with S&P 500 futures and Nasdaq futures, with U.S. markets closed for Memorial Day. The coronavirus stock market rally powered ahead last week, with the Nasdaq composite nearing all-time highs. Apple (AAPL), Microsoft (MSFT), Google parent Alphabet (GOOGL), Tesla (TSLA)… Continue Reading…