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Anusuya Lahiri

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  • F5 Could More Than Double As Solid Demand Trends Continue & Supply Constrains Start To Ease, Needham Says – F5 (NASDAQ:FFIV)

F5 Could More Than Double As Solid Demand Trends Continue & Supply Constrains Start To Ease, Needham Says – F5 (NASDAQ:FFIV)

Needham analyst Alex Henderson reiterated a Buy and $303 price target on F5, Inc FFIV. F5 was careful not to update conditions post its last earnings call, but he sensed that demand was…

Google Employees Push Back Against Cost Crackdown, Alleging “Nickel And Diming” From CEO – Alphabet (NASDAQ:GOOG), Alphabet (NASDAQ:GOOGL)

At a companywide all-hands meeting this week, Alphabet Inc GOOG GOOGL chief Sundar Pichai juggled tough questions from employees regarding cuts to travel and entertainment budgets, managing productivity, and potential layoffs. …

Dividend and Buybacks Make Microsoft’s Total Return Attractive, Analyst Highlights – Microsoft (NASDAQ:MSFT)

Microsoft Corp MSFT increased its quarterly dividend by 10% to $0.68 per share. Morgan Stanley analyst Keith Weiss kept an Overweight rating and $354 price target on Microsoft. Weiss said the dividend hike highlights the stock’s “durable…

This Highly Differentiated Cybersecurity Stock Gives Lot Of Confidence To Analysts Amid Improving Demand Trends – CrowdStrike Holdings (NASDAQ:CRWD)

Analysts attended CrowdStrike Holdings, Inc’s CRWD annual user conference called Fal.Con, where management also hosted an investor briefing Barclays analyst Saket Kalia had an Overweight and $225 price target. CRWD hosted an investor briefing at…

Latest PC, Chips And Memory Data Worries Analyst, Who Jumps Ship On Two Stocks – Western Digital (NASDAQ:WDC), Micron Technology (NASDAQ:MU)

Mizuho analyst Vijay Rakesh downgraded Micron Technology, Inc MU to Neutral from Buy with a price target of $56, down from $75. Rakesh downgraded Western Digital Corp WDC to Neutral from Buy with a price target of $40, down…

Amazon Goes Bigger On Clean Energy Projects, Its First In Brazil, India And Poland – Amazon.com (NASDAQ:AMZN)

Amazon.com, Inc AMZN expanded its renewable energy portfolio globally, with an additional 2.7 gigawatts (GW) of clean energy capacity across 71 new renewable energy projects.  The expansion included its first renewable…

Schneider Electric To Buyout UK Software Developer Aveva At 40% Premium – Schneider Electric (OTC:SBGSF), AVEVA Group (OTC:AVEVF)

French industrial conglomerate Schneider Electric SE SBGSF has agreed to purchase the rest of Aveva Group Plc AVEVF in a deal that values the U.K. software developer’s equity at £9.5 billion. The…

Palantir, Hyundai Consolidate Partnership Expanding Into Shipbuilding – Palantir Technologies (NYSE:PLTR)

Palantir Technologies Inc PLTR forged a deal worth $20 million over five years to expand its partnership with South Korea’s shipbuilding conglomerate Hyundai Heavy Industries Group. The conglomerate’s shipbuilding affiliates, including…

More Regulatory Watching For Amazon, $1.7B Proposed Purchase Of iRobot Attracts Atention – iRobot (NASDAQ:IRBT), Amazon.com (NASDAQ:AMZN)

Federal antitrust enforcers investigated Amazon.com Inc’s AMZN proposal to buy Roomba maker iRobot Corp IRBT. Roomba dominates the smart vacuum market with a 75% market share by revenue in the U.S. The FTC formally requested…

Pressure Mounts On US To Blacklist This Top Chinese Chipmaker – NVIDIA (NASDAQ:NVDA), Apple (NASDAQ:AAPL)

Top U.S. lawmakers urged the Biden administration to blacklist Chinese semiconductor company Yangtze Memory Technologies Co for allegedly violating export controls by supplying Huawei Technologies Co, Ltd. YMTC violated the U.S. Foreign Direct…

French Billionaire Xavier Niel Scoops 2.5% Stake In Vodafone – Vodafone Group (NASDAQ:VOD)

French billionaire Xavier Niel-backed investment vehicle Atlas Investissement procured a 2.5% stake in British telecom giant Vodafone Group Plc VOD. Atlas Investissement saw opportunities to accelerate the streamlining of Vodafone’s footprint and…

C3 AI Product Demo Impresses Analyst As It Migrates To Consumption-Based Model – C3.ai (NYSE:AI)

by Anusuya Lahiri, Benzinga Editor September 20, 2022 2:11 PM | 1 min read Needham analyst Mike Cikos reiterated a Hold on C3.ai, Inc AI. He listened to last week’s C3 AI product…

What Recession? AmEx Shares Ambitious Hiring Plans As Peers Let Go Staff – American Express (NYSE:AXP)

American Express Co AXP shared plans to hire 1,500 people for technology roles dispelling slowdown concerns as its peers slashed jobs and cut expenses. The new hires would fill…

Alibaba Competitor Braces To Terminate 3% Of Cash Burning E-commerce Arm Staff In Indonesia – Sea (NYSE:SE)

Global hit game Free Fire developer Sea Limited SE prepared to oust 3% of Shopee employees in Indonesia, as planned to curb losses and win back investors, Bloomberg reports citing an internal memo. …

Why Uber (UBER) Shares Are Trading Lower Today – Uber Technologies (NYSE:UBER)

A hacker breached Uber Technologies, Inc’s UBER computer systems on September 15, leading the company to take several of its internal communications and engineering systems offline as it investigated the hack, the…

Apple’s Premium Customers Help Company Score Through Inflation, Slowdown, iPhone Preorder Data Reveals – Apple (NASDAQ:AAPL)

by Anusuya Lahiri, Benzinga Editor September 16, 2022 7:23 AM | 1 min read Apple Inc AAPL counted on well-heeled shoppers to make the iPhone 14 a success as it…

Tencent Lets Go Entire Staff At Fanbyte After Failing To Secure Gaming License, Stock Falls – Tencent Holdings (OTC:TCEHY)

Leading gaming company Tencent Holding Ltd TCEHY laid off nearly all of the editorial staff at Fanbyte, an online gaming publication, TechCrunch reports. The layoffs included the site’s editor-in-chief, head of…

TikTok Parent Looks To Buy Back $3B Shares As Its IPO Failed To Materialize – Meta Platforms (NASDAQ:META)

ByteDance Ltd aims to spend up to $3 billion to repurchase shares in a deal valued at $300 billion, Reuters reports citing an internal company memo. ByteDance also extended its existing…

Microsoft – Activision Deal Draws More Regulatory Attention – Microsoft (NASDAQ:MSFT), Activision Blizzard (NASDAQ:ATVI)

Microsoft Corp’s MSFT $75 billion acquisition of video game maker Activision Blizzard, Inc ATVI faced intense scrutiny in Brussels and the U.K., the Financial Times reports. There were growing concerns that the…

New UK Government Wants To Push Softbank For Listing Arm IPO in UK – SoftBank Group (OTC:SFTBF), SoftBank Group (OTC:SFTBY)

New U.K. Prime Minister Liz Truss and chancellor Kwasi Kwarteng prepared to launch a last-ditch charm offensive to persuade Japan’s Softbank Group Corp SFTBY to list British tech company Arm in…

Aurora Mobile (NASDAQ:JG) – Aurora Mobile Clocks 14% Revenue Decline In Q2 Due To Pandemic Resurgence; Margin Shrinks

Aurora Mobile Limited JG reported a second-quarter FY22 revenue decline of 14% year-on-year to $11.4 million, missing the consensus of $12.9 million. Segments: Revenues from Developer Services reached $8.2 million, down…

SoftBank Group (OTC:SFTBY) – Arm Bags Nvidia As Its First Customer For New Processor Chip

Softbank Group Corp (OTC: SFTBY) owned British chip technology firm Arm Ltd launched its next generation of data center chip technology called Neoverse V2, Reuters reports. It said Neoverse V2 increases power efficiency.…

VNET Gr (NASDAQ:VNET) – Why VNET (VNET) Shares Are Surging Today

VNET Group, Inc VNET bagged a preliminary non-binding proposal from its founder and Chair Josh Sheng Chen to acquire it for $8.20 in cash per ADS or $1.3667 per share. The…

NetEase (NASDAQ:NTES), Tencent Holdings (OTC:TCEHY) – Tencent Fails To Win Gaming License Since China Lifted Suspension; Although NetEase Makes A Breakthrough

China’s gaming regulator granted publishing licenses for 73 online games, including titles belonging to NetEase Inc NTES and other developers, Reuters reports. NetEase, China’s second-largest gaming company behind Tencent Holding Ltd TCEHY, received…

Wix.com (NASDAQ:WIX) – EXCLUSIVE: Wix Rolls Out Wix Portfolio To Create, Manage Professional Online Portfolio

Wix.com Ltd (NASDAQ: WIX), a global SaaS platform, launched its new product to quickly create professional online portfolios or Wix Portfolio.  What Happened? With various uniquely designed, customizable layouts based on the latest…