Anusuya Lahiri

Anusuya Lahiri

Benzinga Editor

About
Anusuya, MS. Finance (Icfai), is an Editor of the Benzinga Breaking News Briefs team covering the U.S. Tech sector. She has been a part of the industry for 13 years. Anusuya resides in Kolkata, West Bengal, India.
Google Advances AI Integration, While Apple May Partner with OpenAI to Enhance Siri, Analysts Say
Analysts reaffirmed Outperform/Overweight/Buy on Alphabet with price targets ranging from $182-$215, citing AI initiatives and integrations at Google I/O.
Nvidia's New Blackwell GPUs Expected To Boost Future Revenues, Analyst Forecasts
KeyBanc analyst maintains Overweight rating on Nvidia (NVDA) with $1,200 price target. Anticipates strong demand and revenue growth in data center sector.
Amazon's Upfront Presentation Highlights Strong Push into Movies and Sports Advertising: Analyst
Oppenheimer analyst reiterates Outperform rating on Amazon, highlighting pricey talent, heavy movie focus, and potential for ad revenue growth.
Netflix To Stream 2 NFL Christmas Day Games: Analyst Sees Strong Growth Potential
Netflix to stream exclusive NFL games on Christmas Day, part of strategy to incorporate live programming and attract advertisers. Stock gains.
Dynatrace CEO Highlights 7-Figure Deals As Q4 Earnings Exceed Expectations, Plans $500M Stock Buyback
Dynatrace reported 21% revenue growth in Q4, beating analyst estimates. Adjusted EPS of $0.30 also beat estimates. Company announces $500M buyback program.
MakeMyTrip CEO Highlights Surge in Travel Demand as Q4 Earnings Exceed Expectations
MakeMyTrip reported Q4 adjusted revenue of $212.53M, beating analyst estimate. EPS of $0.38 also surpassed expectations. Revenues grew due to high travel demand in India. Stock up 194% in the last 12 months.
Monday.com Sees Surge in High-Value Customers, Driving Impressive First Quarter Earnings
Monday.com reported strong Q1 results with revenue of $217M (34% Y/Y) and EPS of $0.61 (beat analyst estimates). Outlook for Q2 and 2024 also positive. Stock up 19%.
Taiwan Semi Flags High Costs of ASML's Latest Chip Machines
TSMC expressed concerns about ASML's high-priced advanced chip machines, despite its appreciation for their capabilities. TSMC will stick to older technology for now, citing economic considerations. The company is also building a chip plant in Germany with EU and German support. TSMC reported strong revenue growth in the first quarter.
Nvidia's Market Value Nears $2.3T, Boosting CEO's Pay and Employee Salaries
Nvidia CEO's pay boosted by 60% to $34.2 million due to success in AI market. CFO also saw increase. Company's stock gained 216% last year.
EXCLUSIVE: Trinity Capital Invests $25M in Elevate K-12 to Support Expansion of Live Online Teaching
Trinity Capital Inc (NASDAQ: TRIN) commits $25 million to Elevate K-12 for growth initiatives. This will help solve teacher vacancies and expand services.
EXCLUSIVE: REE Partners with Penske to Launch P7-C EV Trucks, Enhancing Fleet Electrification Options
REE Automotive partners with Penske Truck Leasing to offer Powered by REE EVs to customers, adding momentum to their $50 million order book.
D-Wave Quantum's Fast Anneal To Boost Quantum Processing And Drive Customer Growth, Analysts Say
Needham analyst reiterates Buy rating and $2.5 price target for D-Wave Quantum. Q1 revenues of $2.5M, bookings up 54%. New fast anneal feature introduced.
Google I/O 2024 To Spotlight AI Innovations And New Monetization Opportunities, Analyst Says
KeyBanc analyst reiterates Buy rating on GOOGL with $200 PT. Expects Google I/O to showcase scale & AI opportunities, updates on Android 15, Wear OS, SGE, Cloud. Sees potential for monetizing non-ad services.
Amazon Web Services Undergoes Leadership Change, Matt Garman to Take Over as CEO
Amazon (AMZN) stock down as Matt Garman replaces Adam Selipsky as AWS CEO. AWS's 2021 job cuts aimed for digital self-service training. $143.3B Q1 sales, $100B annual run rate. Dominant in cloud market and AI. Gain exposure through XLY and FDIS. AMZN -0.84% at $185.00
Taiwan Semi Set to Build $11B Chip Plant in Germany, Aiming for 2027 Production Start
Taiwan Semiconductor Manufacturing Co will build its first European semiconductor facility in Dresden, Germany in 2024. The $11 billion factory will start production in 2027 with support from EU and German government. TSMC stock gained over 75% in the last 12 months.
Kopin Beats Revenue Estimates Despite Dip, Eyes Growth with New Defense Contracts
KOPN reported Q1 2024 revenue decline to $10.0M, beating analyst estimate of $9.01M. Adjusted EPS loss of $(0.06) missed consensus of $(0.05). Stock price rose. Revenues from Defense grew 35%, while Industrial fell 39%. Product revenues up 18%, R&D revenues down 69%. Expects double-digit growth in 2024. Won contract for OLED microdisplay with low latency night vision sensor.
Netflix, Apple TV+, and Peacock In 1 - Comcast Introduces Discounted 'StreamSaver' Bundle
Comcast will introduce a discounted streaming bundle including Apple TV+, Netflix and Peacock to reduce subscriber churn. Available this month.
Sea Limited's CEO Celebrates Strong Q1 Across Segments, Highlights E-commerce and Digital Entertainment Growth
Sea Limited (SE) beat analyst estimates with 22.8% revenue growth in Q1 2024. Digital Entertainment and E-commerce saw strong growth, while Digital Financial Services revenue increased by 21%. CEO expects profitable growth and positive EBITDA for Shopee in the second half of 2024.
Alibaba Stock Dips as Huge Investment Losses In Q4 Overshadow Revenue Growth and Dividend
Alibaba Group reported lower stock after Q4 2023 results, with $30.73B revenue and $1.40 EPS. Strong growth in Taobao, Tmall, and Cainiao.
Sony Clocks Strong Q4 Revenue Despite Falling PS5 Sales, Plans Stock Split And Stock Buyback
Sony reports 14% sales growth and beats analyst estimates in Q4 2023. Adjusted EPS also exceeds expectations. Company plans buyback and stock split.