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(NY: IDGT )

79.94 +0.94 (+1.18%)
Official Closing Price Updated: 8:00 PM EST, Nov 7, 2024 Add to My Watchlist
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Ericsson Q3 Earnings: Gains From AT&T Boost, CEO Signals North American Recovery
Ericsson reported Q3 2024 results with sales down 4% YoY but beating estimates, boosted by partnership with AT&T and improved margins. 
Via Benzinga
Why Is Marvell Technology Stock Gaining Today?
Marvell Technology development of custom 5nm network interface controller with Meta Platforms to address infrastructure needs. FBNIC will be contributed to OCP community. 
Via Benzinga
Super Micro Poised for Expansion as Gross Margin Concerns Ease, Internal Control Risks Priced In: Analyst
Needham analyst Quinn Bolton initiated coverage on Super Micro Computer Inc (NASDAQ:SMCI) with a Buy rating and a price target ... 
Via Benzinga
Nokia And AT&T Partner For Next-Gen Fiber Network: Details
Nokia partners with AT&T for next-gen fiber access technology, including 10/25G PON today and 50/100G PON in the future. 
Via Benzinga
Nokia Teams Up With CommScope's RUCKUS For Next-Gen Fiber-Wi-Fi Solutions: Details
Nokia collaborate with CommScope business RUCKUS to develop a solution for seamless in-building and campus-wide connectivity. 
Via Benzinga
What's Going On With Nokia Stock Premarket Friday?
Nokia denies selling its mobile-networks business, reaffirms commitment to success and announces expansion of Fixed Networks R&D facility in India. 
Via Benzinga
Ericsson Agrees To Divest Subsidiary iconectiv; Expects $1B In Cash Benefit
Ericsson agrees to sell subsidiary iconectiv to Koch Equity Development LLC. Ericsson's cash benefit from the transaction is expected to be approximately $1.0 billion. 
Via Benzinga
Egypt Gets 5G Boost: Nokia Teams Up with Telecom Egypt
Nokia partners with Telecom Egypt to introduce 5G in Egypt, boosting network speed and performance. 
Via Benzinga
Buy Alert: Goldman Sachs Sees Digital Realty Trust Thriving on AI Surge and Tight Market Conditions
Goldman Sachs initiates coverage on Digital Realty Trust with Buy rating and $175 price target. Analyst anticipates surpassing Street estimates. 
Via Benzinga
Topics Artificial Intelligence
Exposures Artificial Intelligence
Eni Sells Alaskan Upstream Assets To Hilcorp In Strategic Streamlining: Details
Eni finalizes agreement to sell Alaskan assets, aligning with growth-oriented strategy of divesting non-strategic assets for portfolio rebalancing. 
Via Benzinga
Nokia Streamlines Network Business: Sells Submarine Networks Business ASN To French State
Nokia agrees to sell Alcatel Submarine Networks to French State for EUR350 million. post deal, Nokia will keep 20% stake and board representation until targeted exit to ensure a smooth transition. 
Via Benzinga
Eni Monetizes Oil Past to Finance Clean Energy Future: Report
Italian oil company Eni plans to spin-off interests in oil and gas projects to focus on low-carbon activities. It also aims to raise funds through deals and divestitures. 
Via Benzinga
Fastly's Near-Term Risks Include Challenges with Top Customers, Analyst Expresses Concern
Analyst downgrades Fastly Inc from Buy to Underperform and lowers price target, citing near-term risks and decelerating growth in largest customers. 
Via Benzinga
Super Micro Updates Fiscal Guidance As Nvidia Shifts, 4 Analysts Provide Perspectives
Wedbush analyst maintains Super Micro Computer Inc with Neutral rating and raises price target from $530 to $800, citing sales momentum and concerns about margins and competition in AI server market. 
Via Benzinga
Topics Artificial Intelligence
Exposures Artificial Intelligence
Despite Revenue Dip, Nokia's Q1 Net Profit and Technology Patents Fuel Growth
Nokia (NYSE: NOK) reported a 20% decline in net sales for Q1 2024, missing consensus. Margins improved, dividend of €0.04 per share declared. 
Via Benzinga
Topics Intellectual Property
Exposures Intellectual Property
April Showers On Wall Street: Miners, Utilities Emerge As Bright Spots In Gloomy Market
Performance in April 2024: Utilities lead, real estate lags. S&P 500, Nasdaq 100, Dow Jones Industrial Average, small-cap and large-cap indices all decline. 
Via Benzinga
Topics Stocks
Exposures US Equities
Marvell Analyst Tags Stock as Top Pick for AI Boom, Predicts Significant Industry Upswing
Analyst initiates coverage on MRVL with Outperform rating and $88 price target, citing strong outlook for semiconductor sector and Marvell's potential in networking and AI. MRVL stock up 68% in 12... 
Via Benzinga
Topics Artificial Intelligence
Exposures Artificial Intelligence
What's Going On With Italian Energy Company Eni Shares Today?
Eni reportedly plans to sell minority stakes in biofuel and bio-plastic units, aiming for EUR1.3B. It may also set up separate entities for greener businesses. 
Via Benzinga
Why Ericsson Shares Are Higher Premarket Tuesday
Ericsson reports Q1 FY24 results with sales declining 15% Y/Y. Gross margin improves, EPS beats consensus. Outlook remains cautious. 
Via Benzinga
Marvell Tech Set for Major Growth with AI Accelerators for Amazon, Google, and Potential Microsoft Deal: Analysts
Analyst reiterates Buy rating on Marvell with $95 PT. Marvell's AI event unveils growth opportunities and new customers. Stock gained 80% in 1 yr. 
Via Benzinga
Topics Artificial Intelligence
Exposures Artificial Intelligence
Super Micro Boosts Edge Computing with New Intel-Powered IoT and Embedded Systems
Super Micro Computer unveils new IoT and embedded systems to boost AI performance at the edge, with potential for significant growth and stock gains. 
Via Benzinga
Topics Artificial Intelligence
Exposures Artificial Intelligence
Marvell's Latest Innovations in Optical Technology Set to Transform AI and Cloud Computing at OFC 2024
Marvell Technology presents its optical technology approach for AI and cloud data centers at OFC 2024 in San Diego, and receives positive analyst ratings. 
Via Benzinga
Topics Artificial Intelligence
Exposures Artificial Intelligence
Why Is Super Micro Computer Stock Trading Higher Monday?
JP Morgan initiates coverage on Super Micro Computer Inc (SMCI) with an Overweight rating and $1,150 price target. Analyst expects continued leadership in AI computing market and projects $40 billion... 
Via Benzinga
Topics Artificial Intelligence
Exposures Artificial Intelligence
Marvell Leads with First 800 Gbps Optical Module and 3D Silicon Photonics at Tech Showcase
Marvell's OFC 2024 showcase includes groundbreaking 800 Gbps ZR/ZR+ modules with PCS, 3D Silicon Photonics Engine, and 5nm 800 Gbps optical DSP. 
Via Benzinga
Ericsson Cuts 1,200 Swedish Jobs Due to Falling Orders
Ericsson to lay off 1,200 employees in Sweden due to decreased demand and cost-cutting measures. Challenges facing European telecom sector. 
Via Benzinga
Marvell's Latest Tech Leap with TSMC - A 2nm Chip Platform Set to Transform AI Infrastructure
Marvell Technology and TSMC partner to launch first-ever 2nm silicon IP platform for AI clusters and cloud data centers, boosting chip performance and efficiency. 
Via Benzinga
Topics Artificial Intelligence
Exposures Artificial Intelligence
Super Micro's Earnings Skyrocket with AI Demand: Analyst Highlights Growth Trajectory
Analyst initiates coverage on Super Micro (SMCI) with Buy rating and $1,350 price target. Company is a leader in AI computing solutions with strong growth potential. 
Via Benzinga
Topics Artificial Intelligence
Exposures Artificial Intelligence
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