Articles written by Anusuya Lahiri - Benzinga

Meta Plans Display-Equipped Ray-Ban Glasses By 2025: FT

Meta plans to add displays to its Ray-Ban smart glasses by 2025. The company aims to replace smartphones with lightweight headsets.

Meta User Base, AI-Powered Ad Growth Drive Analyst Optimism

Rosenblatt analyst maintains Buy rating on Meta Platforms Inc with $811 price target. Impressive AI-driven growth expected to continue.

AMD and Micron Are Top Analyst Picks for AI and Next-Gen Tech Growth

Rosenblatt polled its analysts for top picks in first half of 2025: AMD and Micron. AMD has potential for double-digit market share in AI and GPU, while Micron has opportunity for DRAM growth in AI platforms. Frankel maintains Buy ratings and price targets of $250 for both.

Aclaris Stock Rises As Analyst Projects Billions In Sales For New Therapy

HC Wainwright upgraded Aclaris Therapeutics (ACRS) to Buy with a $20 price target. Aclaris gains after licensing agreement with Biosion for potential best-in-class therapies for atopic dermatitis and asthma.

Pfizer's Progress on C. diff Vaccine and Pneumococcal Shot Wins Analyst Conviction

Goldman Sachs analyst maintains Buy rating on Pfizer with $33 price target. Discusses update on 2nd-gen C. diff vaccine in Phase 2. Data expected in 2025.

EXCLUSIVE: La Rosa Adds Bitcoin and Crypto Payment Options For Network Agents

Real estate company La Rosa Holdings Corp (NASDAQ: LRHC) to offer cryptocurrency payments for agents, tapping into growing demand for alternative methods.

Elon Musk's xAI To Expand With New Chatbot App

Tesla's Musk tests xAI's Grok chatbot app for iOS, also launching Grok.com. xAI's $50B valuation surpasses OpenAI after acquiring $5B in funding.

Biden Administration Targets Chinese Firm Over Taiwan Semiconductor Chip Found in Huawei Tech

Sophgo, Bitmain and other Chinese firms face potential U.S. blacklisting for national security threats, causing stock prices to rise.

Taiwan Semiconductor Expands in Japan: Sony and Denso Among First Customers

TSM's debut plant in Japan with initial customers Sony and Denso to start commercializing by end of 2024, aligning with Taiwan quality and expanding production.

BlackBerry Growth Hinge On IoT, Secure Communications Despite Valuation Concerns: Analyst

BlackBerry stock surges on Q3 earnings beat but soft guidance keeps shares in check, analysts rerate stock, RBC reaffirms $3.25 PT.

Nvidia Secures EU Approval For Run:ai Deal, US Probes China Export Breach

EU approves Nvidia's acquisition of Run:ai, an Israel-based provider of GPU orchestration software. Nvidia aims to integrate it into its ecosystem.

US-Listed Chinese Stocks Fall As China's Central Bank Keeps Key Rates Steady

PBOC keeps benchmark LPR rates steady amid economic growth efforts and a weakening yuan. US-listed Chinese stocks trading lower.

Broadcom Expects Decade-Long AI Chip Boom as Big Tech Invest Billions

Broadcom chief Tan expects AI frenzy to continue for at least 10 years as Google, Meta Platforms, TikTok parent ByteDance invest in custom processors

Match Group Analyst Flags Tinder Woes, Industry Challenges For Stock Downgrade

JPMorgan downgrades Match Group from Overweight to Neutral, lowers target to $33. Reflects muted growth, limited Tinder turnaround, undemanding valuation, dividends and buybacks.

Wall Street Analysts Are Bullish On Salesforce's AI Vision - Here's Why

Salesforce gets buy rating and price targets ranging from $375 to $440 from Wall Street analysts, after announcing Agentforce 2.0 launch and plans to hire 2,000 AI-focused salespeople in February 2025.

Getty Images' AI Uncertainty, FX Headwinds, Premium Valuation Spark Downgrade

JPMorgan analyst downgrades Getty Images stock to Underweight due to high premium, AI uncertainty, growth headwinds.

Instagram's Ad Revenue Could Hit $32 Billion by 2025, Driving Meta's Growth: Report

Instagram could generate 50% of META's U.S. ad revenue in 2025, reaching $32B due to Reels' success. Investors can access META through VOX and XLC.

Consumer Finance Watchdog Cracks Down on Credit Card Sneaky Fees and False Promises

CFPB announces measures to protect consumers from deceptive credit card practices, including new research and a comparison tool. Companies may face penalties for misleading users and failing to deliver promised rewards.

Disney's Marvel Rivals Game Hits 20 Million Players, Proves Superhero Power Still Reigns

Marvel Rivals reaches 20 million players in less than 2 weeks after launch, featuring popular MCU and comic book heroes. Disney and NetEase see success in gaming sector.

Jabil Q1 Earnings: Revenue And EPS Beat, Cloud and Data Center Growth, Raises Annual Outlook

Jabil Inc reported Q1 revenue of $6.99B, beating analyst estimates. EPS of $2.00 also beat estimates. Stock price rose. Q2 and FY25 outlook positive.