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What’s Going On With Aehr Test Systems (AEHR) Shares Today – Aehr Test Systems (NASDAQ:AEHR)

[ad_1] Aehr Test Systems AEHR shares are trading lower Friday following the release of its third-quarter FY23 results. Aehr reported Q3 net sales growth of 13% year-on-year to $17.2…

Here’s Why IonQ (IONQ) Shares Are Firing Today – IonQ (NYSE:IONQ)

[ad_1] by Anusuya Lahiri, Benzinga Editor March 31, 2023 10:22 AM | 1 min read IonQ, Inc IONQ shares gained Friday morning after clocking upbeat fourth-quarter results. IonQ reported…

Alibaba’s Cainiao Logistics Division Prepares For IPO By 2023 – Alibaba Group Holding (NYSE:BABA)

[ad_1] Alibaba Group Holding Limited’s BABA logistics arm Cainiao Network Technology Co is gearing up for its Hong Kong initial public offering, becoming the first Chinese tech firm’s six business units to…

Taiwan Semiconductor Urges Government To Boost Domestic Chip Gear, Material Making Position – Taiwan Semiconductor (NYSE:TSM)

[ad_1] Taiwan Semiconductor Manufacturing Company Ltd TSM Chair Mark Liu called on the island to produce more equipment essential to advanced chipmaking. Taiwan could tap the opportunities arising from the U.S.…

Tesla’s Chinese Rival BYD Defers US Debut, Decision Comes Weeks After Reducing Shift Timings At China Plants – BYD (OTC:BYDDF), BYD (OTC:BYDDY)

[ad_1] BYD Co., Ltd. BYDDF BYDDY does not propose to foray into the U.S. passenger car market for now, founder Wang Chuanfu said. At a post-earnings briefing on…

Are US Sanctions On China Working? China Tech ETFs Paint A Picture – iShares MSCI China ETF (NASDAQ:MCHI), iShares China Large-Cap ETF (ARCA:FXI), SPDR Select Sector Fund – Technology (ARCA:XLK), iShares Semiconductor ETF (NASDAQ:SOXX), KraneShares Trust KraneShares CSI China Internet ETF (ARCA:KWEB), VanEck Semiconductor ETF (NASDAQ:SMH)

[ad_1] U.S. advanced semiconductor technology embargo on China and ramp-up of the semiconductor technology base have affected China. Shares in top Chinese chipmakers shed $7.7 billion in market value on…

Block’s Cash App Not Likely To Yield Promising Margins, Analyst Says Remaining Wary Of Regulatory Headwinds – Block (NYSE:SQ)

[ad_1] Morgan Stanley analyst James Faucette maintains Block Inc SQ with an Equal-Weight, lowering the price target from $72 to $70. Faucette highlights that Cash App is a bank for Millennials and…

Court Awards Nearly $140M To Patent Firm Outperforming The Market – Lenovo Gr (OTC:LNVGF), Lenovo Gr (OTC:LNVGY), InterDigital (NASDAQ:IDCC)

[ad_1] U.K.’s High Court ordered Lenovo Group Ltd LNVGF LNVGF to pay $138.7 million to InterDigital, Inc IDCC in settlement of a licensing dispute. The Court urged Lenovo to pay the penalty…

Microsoft Cautions Against More Russia Led Ransomware Attack – Microsoft (NASDAQ:MSFT)

[ad_1] Microsoft Corp MSFT warned against more ransomware attacks inside and outside of Ukraine from a notorious hacking group Iridium with links to Russia’s military intelligence agency GRU. The hacking…

Why Baidu (BIDU) Shares Are Trading Lower Premarket Today – Baidu (NASDAQ:BIDU)

[ad_1] Baidu, Inc BIDU shares declined premarket after founder Robin Li opted for a pre-recorded video to introduce its ChatGPT equivalent, “Ernie Bot” on Thursday. Baidu’s shares fell as much as 10% in…

Samsung’s US Chip Plant Costs Surge By $8B As Inflation Bites – Samsung Electronics Co (OTC:SSNLF)

[ad_1] Samsung Electronics Co, Ltd’s SSNLF Taylor, Texas chip plant will cost over $25 billion, up more than $8 billion from initial forecasts. Inflation led to the surge in the cost,…

SVB Financial Collapse Triggers Experts Fear Of Softbank Buyback, Alibaba Mark Down, Arm IPO Valuation Cut – SoftBank Group (OTC:SFTBF), SoftBank Group (OTC:SFTBY)

[ad_1] SVB Financial Group’s SIVB collapse triggered investor concern over the exposure to startup firms in the Softbank Group Corp SFTBF SFTBY SoftBank Vision Funds.  SoftBank shares plunged 13% in four sessions to…

Why Ebix (EBIX) Shares Are Plunging Today – Ebix (NASDAQ:EBIX)

[ad_1] Ebix, Inc EBIX reported a fourth-quarter FY22 revenue decline of 4% year-on-year to $255.21 million, beating the consensus of $251.04 million. The decrease is primarily due to the negative effect…

Microsoft Forges Long-Term Deal With Boosteroid After Nintendo, Nvidia To Dispel Concerns Over Activision Deal – Microsoft (NASDAQ:MSFT)

[ad_1] On Tuesday, Microsoft Corp MSFT inked a 10-year deal with Boosteroid to bring Xbox PC games to Boosteroid’s cloud gaming platform.  Boosteroid, which has its software development team in Ukraine, recently surpassed…

Kopin Clocks 8% Revenue Decline In Q4 Amid Weaker Defense, Industrial Segment Results; Updates On AR, VR, MR Opportunities – Kopin (NASDAQ:KOPN)

[ad_1] by Anusuya Lahiri, Benzinga Editor March 14, 2023 8:58 AM | 1 min read Kopin Corp KOPN reported a fourth-quarter FY22 revenue decline of 8% year-on-year to $12.18 million, beating…

From Ideation to Implementation: How Microsoft Achieved its ChatGPT Goals – Microsoft (NASDAQ:MSFT)

[ad_1] Microsoft Corp MSFT pledged to build a massive, cutting-edge supercomputer for OpenAI in 2019 when it invested $1 billion. Microsoft had to find ways to string together tens…

Renault, Nissan, Mitsubishi Backed Guangzhou WeRide Confidentially Files For US IPO – Guangzhou Automobile Gr (OTC:GNZUY), (MMTOY)

[ad_1] Chinese driverless technology startup Guangzhou WeRide Technology Co has filed confidentially for an initial public offering in the U.S. The company looks to raise up to $500 million, Bloomberg reports citing…

Meta Weighs Letting Go Of Cash-Burning Asset Kustomer Within One Year Of Acquisition – Meta Platforms (NASDAQ:META)

[ad_1] Meta Platforms, Inc META weighed strategic alternatives for customer service company Kustomer. It looks to refocus on its core business, the Wall Street Journal reports citing familiar sources. In February…

Meta Retreats On Creator Reward Bonus: Report – Meta Platforms (NASDAQ:META)

[ad_1] Meta Platforms, Inc META Meta is ending its Reels Play bonus program, which rewards content creators. Meta will not offer any new or renewed Reels Play bonus deals…

Sunworks Registers Mixed Q4 Performance; Warns On Negative Impact From Rising Interest Rates & Economic Uncertainty – Sunworks (NASDAQ:SUNW)

[ad_1] Sunworks, Inc SUNW reported fourth-quarter FY22 revenue growth of 69.3% year-on-year to $53.6 million, beating the consensus of $40.4 million.  The increase was mainly due to increased contributions from…

Alibaba Rival Sea To Downsize Close To 500 Workers At Shopee – Sea (NYSE:SE)

[ad_1] Sea Limited SE is preparing to cut lesser than 500 full-time and contract workers in Shopee’s customer service team in Indonesia, Bloomberg reports citing familiar sources. On March 7, the…

Warner Bros Defers Release Of This Multiplayer Anti-Heroes Shooter Game Again – Warner Bros. Discovery (NASDAQ:WBD)

[ad_1] Warner Bros. Discovery, Inc WBD has again postponed a Suicide Squad comic book franchise-inspired video gaming launch from May to later this year. Warner Bros deferred the launch…

3 ETFs May Bear The Brunt Of Meta’s Decisions, From Layoffs To Price Cuts – Apple (NASDAQ:AAPL), Fidelity MSCI Communication Services Index ETF (ARCA:FCOM)

[ad_1] Meta Platforms Inc META is on a roller coaster revolving around opposition to its metaverse ambitions. On March 2, Democratic senators urged Meta CEO Mark Zuckerberg to halt the release of its…

Paysafe Q4 Takeaways: Registers 3% Revenue Growth Aided By Higher Payment Volume – Paysafe (NYSE:PSFE)

[ad_1] Paysafe Limited PSFE reported a fourth-quarter FY22 revenue growth of 3% year-on-year to $383.6 million, beating the consensus of $376.1 million. Total Payment Volume of $33.1 billion increased 5% Y/Y.…

Hackers Compromise Personal Data of US House Members; Details Awaited – SPDR S&P Kensho Future Security ETF (ARCA:FITE), CyberArk Software (NASDAQ:CYBR)

[ad_1] This week, a data breach at the Washington DC health insurance marketplace exposed sensitive personal information of the House and its staff members. Catherine L. Szpindor, the…