Microsoft Azure down: Cloud service faces global connection timeouts amid recent tech outage

Microsoft Azure, a major player in the cloud computing industry, is currently experiencing widespread connection timeout issues, disrupting services for businesses and individuals worldwide.  This connectivity problem, reported by Microsoft on Tuesday, is causing significant interruptions across various Azure services and has raised concerns about the reliability of the platform. Users globally are encountering timeouts… Continue reading Microsoft Azure down: Cloud service faces global connection timeouts amid recent tech outage

Perplexity AI to compensate publishers for content: Will Google and OpenAI follow suit?

In a bid to recover from recent public relations challenges, Perplexity AI is taking a significant step to enhance its image by launching a new initiative aimed at compensating content creators.  The startup, which faced backlash for utilizing premium content without proper attribution on its AI search platform, is now rolling out a program designed… Continue reading Perplexity AI to compensate publishers for content: Will Google and OpenAI follow suit?

Is ASML stock a Buy after Barclays’ upgrade and new $1,243 price target?

ASML Holding NV (NASDAQ: ASML) recently received a significant endorsement from Barclays, with an upgrade to Overweight from Equal Weight and a revised price target of $1,243, up from $1,005. This 24% increase follows a challenging period for ASML, marked by a 20% drop from its recent peak amid broader market turbulence and specific concerns… Continue reading Is ASML stock a Buy after Barclays’ upgrade and new $1,243 price target?

Lattice Semiconductor shares drop over 10% on weak Q2 results and BofA downgrade: Time to sell or hold?

Lattice Semiconductor Corp. (NASDAQ: LSCC) experienced a significant drop in its stock price today, opening down over 10% following a disappointing Q2 earnings report and a stark downgrade from Bank of America. This sharp decline has investors questioning whether to sell or hold onto their shares. On Tuesday, Bank of America analysts led by Duksan… Continue reading Lattice Semiconductor shares drop over 10% on weak Q2 results and BofA downgrade: Time to sell or hold?

AMD investors anticipate key updates on new GPU line ahead of Q2 earnings

As Advanced Micro Devices Inc. (AMD) prepares to announce its Q2 earnings after market close today, analysts project quarterly revenue of $5.74 billion. This growth is largely attributed to the company’s strong performance in the AI chip market and data center segment. However, investors are particularly focused on updates regarding AMD’s new line of GPUs.… Continue reading AMD investors anticipate key updates on new GPU line ahead of Q2 earnings

Sprouts Farmers Market jumps 15% on Q2 results and upgrades: Should you buy?

Sprouts Farmers Market Inc. (NASDAQ: SFM) saw its stock jump 15% today, buoyed by stellar Q2 results and a slew of analyst upgrades. On July 30th, Wells Fargo upgraded SFM’s stock from Underweight to Equal Weight, while also raising the price target from $62 to $90. This upgrade reflects a significant reassessment of Sprouts’ market… Continue reading Sprouts Farmers Market jumps 15% on Q2 results and upgrades: Should you buy?

Meta to pay $1.4 billion to settle Texas lawsuit over facial recognition data misuse

In a landmark decision, Meta Platforms, the parent company of Facebook, has agreed to pay $1.4 billion to settle a lawsuit brought by the state of Texas over the unauthorized use of biometric data.  This settlement, approved by a Texas state district court in Harrison County, is the largest ever obtained from a single state’s… Continue reading Meta to pay $1.4 billion to settle Texas lawsuit over facial recognition data misuse

Hewlett Packard’s networking business set to double as EU poised to approve Juniper acquisition

Hewlett Packard Enterprise (HPE) is on the verge of a significant expansion as EU antitrust authorities are expected to unconditionally approve its acquisition of Juniper Networks. This strategic move, announced in January, aims to bolster HPE’s position in the rapidly growing networking and AI sectors. The approval could be a game-changer, doubling the size of… Continue reading Hewlett Packard’s networking business set to double as EU poised to approve Juniper acquisition