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1 day ago | 
tipranks.com | Vince Condarcuri
Shares of Capital One Financial (COF) gained in after-hours trading after the company reported earnings for its first quarter of Fiscal Year 2025. Earnings per share came in at $4.06, which beat analysts’ consensus estimate of $3.64 per share. In addition, sales increased by 6% year-over-year, with revenue hitting $10. This slightly missed analysts’ expectations of $10.1 billion.
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2 days ago | 
tipranks.com | Vince Condarcuri
Even though some experts have mixed feelings about Apple Intelligence, U.S. consumers seem to like it, according to Morgan Stanley. Interestingly, the firm’s latest AlphaWise survey of 3,300 people showed better-than-expected adoption rates and a strong willingness from users to pay for the feature.
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2 days ago | 
tipranks.com | Vince Condarcuri
Last year, Amazon (AMZN) started an internal effort called “Project Greenland” in order to make sure that it had enough GPU power to support the growing use of artificial intelligence across its retail operations. According to Business Insider, internal documents show that Amazon wanted to better manage its supply of GPUs from companies like Nvidia (NVDA).
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2 days ago | 
blog.tipranks.com | Vince Condarcuri
QuantumScape ($QS), a pre-revenue company that is developing solid-state lithium-metal batteries, is set to report its Q1 2025 earnings results on April 23 after the market closes. Analysts are expecting earnings per share to come in at -$0.21. This would be a smaller loss than the -$0.24 per share seen in the same quarter of last year. Investors will also be focusing on 2025 guidance.
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2 days ago | 
blog.tipranks.com | Vince Condarcuri
Even though some experts have mixed feelings about Apple Intelligence, U.S. consumers seem to like it, according to Morgan Stanley. Interestingly, the firm’s latest AlphaWise survey of 3,300 people showed better-than-expected adoption rates and a strong willingness from users to pay for the feature.
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2 days ago | 
blog.tipranks.com | Vince Condarcuri
EV maker Tesla ($TSLA) will report its earnings later today after a rough start to the year that has left many investors frustrated. Experts like Dave Mazza and Gene Munster believe that Elon Musk’s involvement in politics has distracted him from running the company, which has hurt Tesla’s image and sales. Some think that if Musk focuses more on Tesla and less on politics, the company might recover.
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6 days ago | 
blog.tipranks.com | Vince Condarcuri
China’s economy grew by 5.4% in the first quarter compared to last year, which beat expectations thanks to government stimulus that helped the retail and housing markets, according to analysts at Société Générale. But they warned this growth may not last, especially with new U.S. tariffs likely to slow things down. One warning sign is that China’s GDP deflator, which is a measure of economy-wide prices, fell by 0.8% over the past year as it deepened a two-year deflation trend.
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1 week ago | 
tipranks.com | Vince Condarcuri
Tech stocks continued to fall on Thursday as analysts warned that tighter export rules on China could have a wider impact on the sector. Chipmaker Nvidia (NVDA) dropped another 3% at the time of writing following a 7% decline the day before. This came after the company said it expects a $5.5 billion hit due to new restrictions on its H20 AI chips to China. Analysts say this adds to the growing worries that the tech industry could suffer long-term damage from the U.S.-China trade conflict.
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1 week ago | 
tipranks.com | Vince Condarcuri
A jury in Texas has ruled that Elon Musk’s company X Corp (formerly known as Twitter) must pay $105 million to a Dallas-based tech firm called VidStream LLC for patent infringement. VidStream first sued in 2016, claiming that Twitter used its patented video technology without permission to support video features on Twitter, Vine, and Periscope.
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1 week ago | 
tipranks.com | Vince Condarcuri
A federal judge has ruled that tech giant Google (GOOGL) illegally controlled two key areas of the online advertising market, which was a big win for the U.S. Department of Justice. Judge Leonie Brinkema said that Google dominated both the tools publishers use to sell ads and the systems advertisers use to buy them. This opens the door for the government to argue that Google should be broken up.
