{
Google Inc.

Companies

}
UBS Warns of Weak Nike Earnings Amid Deteriorating Sales Trends
UBS has warned that Nike's upcoming earnings report may act as a negative catalyst, predicting weak Q3 guidance and EPS projections below market expectations due to deteriorating global sales trends. The bank estimates EPS guidance between $0.47 and $0.57, below the consensus of $0.55-$0.65. Despite recent underperformance, some investors remain optimistic about a recovery, though UBS cautions that these expectations may be premature, given challenges in U.S. sales, European underperformance, and declining global search trends.
baystreet.ca
United States Dollar NIKE, Inc. Google Inc. CHN USA Elliott Hill
TradFi, Market Report
17:30 09.12.2024
tiktok warns of 1.3 billion loss for us businesses if banned
TikTok warns that a potential ban in the U.S. could cost small businesses and creators $1.3 billion in the first month, with losses escalating if the shutdown extends. The company is seeking a temporary injunction to block a law requiring its parent company, ByteDance, to divest the app due to national security concerns. TikTok claims that over 7 million U.S. accounts use the platform for business, contributing significantly to the economy.
CNBC
United States Dollar Google Inc. Apple Inc. CHN USA Donald Trump Blake Chandlee
Regulatory & Legal, Press Release
17:27 09.12.2024
google achieves breakthrough in quantum computing error correction techniques
Experts are optimistic about the future of quantum computing following Google's recent breakthrough in error correction, which significantly reduces instability in quantum systems. The company has demonstrated improved qubit performance, paving the way for practical quantum computers by the decade's end, despite challenges from competitors like IBM regarding design and scalability.
@FinancialTimes
Google Inc. USA Julian Kelly Jay Gambetta Roula Khalaf Hartmut Neven William Oliver Stone Scott Aaronson Show more
Technology & Innovation, News Article
17:08 09.12.2024
UBS Warns of Weak Earnings Ahead for Nike Amid Deteriorating Sales Trends
UBS has warned that Nike's upcoming earnings report may act as a negative catalyst, citing deteriorating global sales trends and weak Q3 guidance. Analysts predict EPS guidance between $0.47 and $0.57, below market expectations, and express concerns over declining sales in the U.S., Europe, and China. Despite these challenges, they maintain a Neutral rating, lowering the price target to $80, while noting that investor sentiment may prevent significant stock declines.
Investing.com Canada
United States Dollar NIKE, Inc. Google Inc. USA Elliott Hill
TradFi, Market Report
17:04 09.12.2024
UBS Warns of Weak Nike Earnings Amid Deteriorating Sales Trends
UBS has warned that Nike's upcoming earnings report may act as a negative catalyst, predicting weak third-quarter guidance and EPS projections below market expectations. Analysts noted deteriorating global sales trends, particularly in the U.S., Europe, and China, and lowered their price target for Nike to $80. Despite these challenges, they believe market confidence in Nike and its new CEO may prevent significant stock declines.
Investing.com
United States Dollar NIKE, Inc. Google Inc. CHN USA Elliott Hill
TradFi, Market Report
16:59 09.12.2024
Chainlink experiences surge in adoption with 142 percent increase in addresses
Chainlink (LINK) is experiencing a potential breakout, with a 142% increase in daily active addresses, indicating heightened user engagement. The cryptocurrency has surged over 80% in price since early November, reaching levels not seen since January 2022, and analysts predict it could test the $30 mark if momentum continues. Currently trading at $25.78, LINK's technical indicators suggest bullish momentum, despite recent volatility.
U.Today
Google Inc. Alex Dovbnya Peter Shor
Cryptocurrency News, Market Report
16:40 09.12.2024
Reddit tests AI answers feature to enhance user engagement and search experience
Reddit is testing a new AI-powered feature called Reddit Answers, designed to help users quickly find information from posts on the platform. Available to a small segment of U.S. users, the feature allows questions to be asked similarly to other AI services, providing answers sourced directly from Reddit content. This initiative aims to enhance user engagement and reduce reliance on Google for traffic, with plans for broader rollout and support for additional languages in the future.
CNBC
United States Dollar OpenAI ERC USD Google Inc. Reddit, Inc. USA Steve Huffman Serkan Piantino Show more
Technology & Innovation, News Article
15:00 09.12.2024
Pixxel secures additional 24 million dollars in Series B funding round
Bengaluru-based space tech startup Pixxel has successfully closed its Series B funding round, raising an additional $24 million, bringing the total to $60 million. New investors M&G Catalyst and Glade Brook Capital Partners joined existing backers like Google and Lightspeed. Overall, Pixxel has raised $95 million across all funding rounds, capitalizing on the growing interest in India's space tech sector, projected to reach $44 billion by 2033.
Moneycontrol
United States Dollar Google Inc. Glade Brook Capital Partners LLC Lightspeed Commerce Inc. IND Awais Ahmed Kshitij Khandelwal Show more
Technology & Innovation, Press Release
12:14 09.12.2024
how the war in ukraine is transforming eastern europes tech landscape
The tech sector in Eastern Europe is rapidly evolving in response to the war in Ukraine, with countries like Latvia inspired to innovate and prepare for potential conflicts. Civilian technologies, such as retrofitted drones and scooters, are being adapted for military use, highlighting a shift in warfare dynamics. However, this fast-paced development raises concerns about the lack of traditional oversight and the ethical implications of deploying new technologies in conflict zones.
MIT Technology Review
United States Dollar Euro Metagenomi, Inc. OpenAI ERC USD Google Inc. PayPal Holdings, Inc. CHN USA UKR Paul Atkins David O. Sacks Show more
Technology & Innovation, Blog Post
11:18 09.12.2024
AI Integration Accelerates as Startups Surge and Enterprises Embrace Generative Technology
AI is becoming integral to daily life, with significant growth in startups and investments, particularly in generative AI. Despite low individual usage rates, enterprises are rapidly adopting AI for practical applications, with 33% expected to implement generative AI in production by next year. The future of AI is poised to reshape various sectors, driven by clear use cases and substantial venture capital funding.
VentureBeat
United States Dollar GEMINI INV TensorFlow YouTube Reuters Institute Google Inc. The New York Times Company Kevin Kelly Show more
Technology & Innovation, Market Report
21:15 08.12.2024
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