Articles written by Anusuya Lahiri - Benzinga

SLM's Loan Growth And Expense Control In Focus, Analysts Adjust Price Forecasts

Wall Street raised SLM's price targets after Q4 earnings release. EPS missed, but fiscal 2025 outlook higher than estimates. Analysts maintain ratings.

BYD, Geely, SAIC Contest EU's High EV Tariffs In Court

Chinese EV makers BYD, Geely, and SAIC contested EU's import duties at Court of Justice. Tesla excluded from tariffs, gaining only 7.8% tax.

TikTok Ban Sparks Divide: Oracle Backs Trump While Apple, Google Play It Safe

TikTok's fate remains uncertain as Apple, Google, and Oracle have differing approaches due to their interests. Trump's support for Oracle and potential buyers adds to the drama.

Qualcomm Gains $2 Billion Boost From Samsung S25 Chipset Deal, Analyst Highlights Growth in Handsets and Beyond

JP Morgan analyst maintains Overweight rating on Qualcomm, as Samsung's flagship S25 uses Snapdragon chips, increasing Qualcomm's revenue and EPS.

Affirm Surges on $750 Million Liberty Mutual Deal, Eyes $34 Billion Lending Target for 2025

Affirm Holdings to receive $750 million funding from Liberty Mutual Investments by 2027, plans to borrow up to $5 billion. Stock up 4.37% premarket.

Broadcom Powers Solidigm's High-Capacity SSDs, A Key Driver for AI and Data-Intensive Growth

Solidigm extends deal with Broadcom to use high-capacity SSD controllers for AI and data-intensive workloads. Broadcom stock surged 92% in the last 12 months.

American Express Q4 Earnings: Revenue Beat, Record Spending and Card Acquisitions, 17% Dividend Hike And More

American Express Co's Q4 revenue grew 9%, supported by strong spending and higher interest income. EPS matched estimates. Dividend raised by 17%.

Verizon Q4 Earnings: Revenue Beat, 1 Million Mobile And Broadband Subscriber Adds, Business Segment Margin Expands

Verizon (VZ) stock reported strong Q4 results with 1.6% sales growth, reaching $35.70B. Adjusted EPS of $1.10 was in line with analyst estimates. It added ~1M subscribers and expects 2.0%-2.8% growth in wireless revenue for FY25. VZ stock down 0.89% premarket.

Ericsson Q4 Earnings: Sales Climb 1%, North America Shines, Dividend Raise, Guidance And More

Ericsson reported Q4 results with sales of 72.9 billion Swedish Krona, growing 1% Y/Y, driven by 54% growth in North America. Adjusted EBIT margin improved to 13.1%, but EPS of $0.13 missed analyst estimates. Dividend per share increased to SEK 2.85. Company expects Stock surged 57% in last 12 months.

Google Taps HTC's Talent in $250 Million Deal to Lead AR/VR Innovation

Google acquires part of HTC's extended reality business for $250 million, involving transfer of staff and IP rights. Meta plans to launch AR glasses.

Samsung Taps Google AI, Qualcomm Tech for Galaxy S25 to Rival Apple's iPhone

Samsung unveiled Galaxy S25 lineup with Qualcomm chips and Google's AI model, aiming to beat Apple's iPhone 17 Air. Analysts predict success.

Walmart Boosts Regional Manager Pay As Retailers Struggle To Find Leaders

Walmart raises bonuses and stock awards for regional store managers to up to $600,000 as employers struggle to fill roles, while reducing perks for office staff.

EXCLUSIVE: Banzai To Snap Act-On Software For $53.2 Million, Expanding AI-Powered Marketing Tools for Clients Like BestBuy and Hitachi

Banzai International, Inc to acquire Act-On Software Inc for $53.2M. Act-On's AI-powered platform helps clients generate leads, increase sales, and improve ROI.

EXCLUSIVE: La Rosa Doubles Revenue to $65 Million in 2024, Plans Major Expansion and $19 Million Brokerage Acquisition

La Rosa Holdings Corp announced a preliminary revenue estimate of $65 million for fiscal year 2024, up 104% from previous year. CEO expects continued growth in 2025 through acquisitions, expansion, and technology enhancements. LRHC stock closed lower by 4.19% at $0.48 Wednesday.

Amazon To Shut 7 Quebec Fulfillment Centers, Axe Around 2,000 Jobs

Amazon announced it's withdrawing from Quebec,Canada, due to potential tariffs. It'll affect 1,700 jobs but offer compensation. AWS plans to expand in Canada.

Himax To Gain Big As TSMC, Nvidia and AMD Advance Silicon Photonics and COUPE Tech: Analyst

Kuo predicts Himax as potential supplier for Taiwan Semiconductor's Compact Universal Photonic Engine development, with revenue reaching $2.4B in 2028.

SoftBank's Role in $500 Billion Stargate AI Venture Seen as Major Growth Driver, Analyst Says

Trump Administration announced Stargate AI infrastructure joint venture, investing $500 billion over 4 years. SoftBank, Oracle, OpenAI, and Abu Dhabi's MGX involved.

Taiwan Semiconductor's Capex Plans Boost These Chip Stocks, Jim Cramer Says

Jim Cramer calls out market reaction to Taiwan Semiconductor's strong earnings and guidance, boosting related companies' stocks.

Alibaba Cloud Unveils New AI Tools and Language Models to Empower Global Developers

Alibaba Cloud launched expanded suite of LLMs and AI development tools, collaborating to develop AI and cloud-computing solutions for global businesses.

Microsoft Invests In Carbon Credits To Restore Amazon Rainforest, Faces Challenges From Data Center Growth, Trump's Fossil Fuel Focus

Microsoft commits to restoring Brazil's forests for carbon credits. Deal worth ~$200 million. Big tech invests in nuclear solutions for energy needs.