Articles written by Anusuya Lahiri - Benzinga

Qualcomm's Shift From Handsets To AI And Automotive Wins Analysts' Confidence

Cantor Fitzgerald maintained Neutral stance on Qualcomm, cautious on IoT projections and near-term handset headwinds.

The Trade Desk Launches Ventura to Transform Streaming TV Advertising

The Trade Desk Inc (TTD) unveils Ventura, a new streaming TV OS to improve user experience and advertising efficiency. Stock price surges.

WeRide's Robotaxi And Partnerships Are Key Growth Drivers For Global Expansion: Analyst

WeRide (WRD) is a leader in autonomous driving technology, with a strong product lineup and global presence. Analyst Tim Hsiao initiated coverage with an Overweight rating and a price target of $23, highlighting the company's potential for growth in the rapidly expanding autonomous driving market. WeRide's partnerships and increasing commercialization efforts further support its long-term trajectory. WRD stock is down 2.10% at $18.88.

Palantir Tech's $140 Billion Market Cap Gain Is Driven By Trump's Victory And Higher Defense Spending Hope - Is The Stock Overvalued?

Palantir's stock value has tripled in a year, surpassing Lockheed Martin,with high hopes for increased gov't spending on security,immigration,& space exploration. Deep ties to gov't & AI advancements drive growth. Analysts wary of high valuation & CEO's insider sales.

Salesforce Tool Aims To Simplify AI Agent Testing, Deployment

Salesforce is introducing a new paradigm for businesses adopting autonomous agent technology, almost immediately after losing its AI lead, Clara Shih, to Meta

STMicroelectronics Targets $20 Billion Revenue By 2030, Unveils 2027 Goals

STMicroelectronics presents 2027-2028 financial model with $18 billion revenue and 22%-24% operating margin, on path to exceed $20 billion revenue by 2030.

Taiwan Semiconductor Faces China Challenges Amid Potential Geopolitical Tensions From Trump Return

At the China International Semiconductor Expo, experts discussed China's potential in advanced semiconductors and AI despite US restrictions and highlighted the need for collaboration and innovation to overcome challenges.

Qualcomm Targets $900 Billion Market by 2030: Big Bets on IoT and Automotive

Qualcomm hosted Investor Day, unveiling growth targets and diversification opportunities. CEO highlighted tech roadmap & financial goals. Stock up 17% YTD.

EXCLUSIVE: La Rosa Q3 Revenue Jumps 188%, CEO Eyes $100 Million Revenue Run Rate By 2024

LRHC reports 188% increase in total revenue and significant growth in real estate services revenue. Acquisitions, debt restructuring, and new services are driving growth and agent recruitment.

NIO Q3 Earnings: 11.6% Gain In Vehicle Deliveries, Margins Improve, Issues Robust Q4 Delivery Outlook

NIO reported Q3 revenue of 18.67 billion yuan, down 2.1% YoY but up 7.0% QoQ. Adjusted loss per share was (2.14) yuan. Deliveries were up and gross margin expanded. Company expects record Q4 deliveries and revenue growth. Stock down 45% YTD due to industry challenges and tariffs.

Wix Q3 Earnings: Revenue Surge, Margin Expansion, AI Momentum, Raised FY24 Guidance & More

Wix.com reported Q3 results with 13% revenue growth and $1.50 adjusted EPS, beating analyst estimates. Studio and AI were strong drivers.

Fortinet Targets 45% Growth-Margin Combo, $450 Million Refresh Boost: Analysts See Big Upside

FORTINET, Inc (NASDAQ: FTNT) stock raised by top analysts after strong Q3 earnings report and successful analyst day. Revenue and billings up.

Apple's $100 Million Gamble, Tech Giant Moves to Lift Indonesia's iPhone Ban

Apple (AAPL) faces sales ban for iPhone 16 in Indonesia due to not meeting domestic content level; proposes $100M investment to resolve issue.

Kingsoft Cloud Q3 Earnings: Revenue Surges 16%, AI Growth Fuels Profits, CEO Shares Optimistic Outlook

Kingsoft Cloud Holdings (NASDAQ: KC) reported Q3 2024 revenue of 1.89 billion Chinese yuan, beating analyst estimates. AI business drove growth and company remains committed to sustainable development strategy.

Nvidia's Collaboration with Google AI Advances Next-Gen Quantum Hardware

Nvidia partners with Google Quantum AI to advance quantum computing devices, using CUDA-Q platform and Eos supercomputer to simulate noise and refine designs, democratizing access to simulations and solving real-world challenges.

Robinhood Targets Affluent Investors With $300 Million TradePMR Deal

Robinhood Markets Inc plans to acquire TradePMR for $300 million in cash and stock, expanding into wealth management and catering to affluent clients.

Sony Eyes Japan's Kadokawa to Strengthen Gaming and Anime Dominance

Sony may acquire Kadokawa, a Japanese publisher, for its extensive intellectual property, including manga, anime, and video games, to strengthen its position in the gaming and anime markets.

Vipshop Beats Q3 Estimates Despite Sales Dip, Focuses On Long-Term Resilience

VIPS reported $2.95B sales, down 9.2% YoY but beat analyst estimates. Orders and active customers also declined. Gross margin increased to 24%.

Taiwan Semiconductor's US Subsidy Boosts 'A16' Tech Production in Arizona

TSM secures $6.6B in US subsidies for AZ chip production, plans for 3rd fab by 2030. TSM also produces A16 chips for Apple and plans to expand AZ ops.

XPeng Q3 Earnings: Revenue Beat, 16% Deliveries Growth, CEO Eyes AI Leadership And More

Chinese EV maker XPeng reported 18.4% YoY sales growth, beating analyst estimates. Vehicle deliveries increased 16.3% and gross margin improved. Strong product cycle expected to drive further growth.