Amazon (AMZN): UBS warns AWS growth may dip below 10%

Zeekr launches compact electric SUV, targets European market

Chinese electric vehicle maker Zeekr announced Wednesday that the automaker launched a compact, all-electric sport utility vehicle, as it targets a premium market in China that has been dominated by German automakers. The company also announced plans to offer the SUV-styled Zeekr X and its Zeekr 001 EV sedan in Western Europe, but would not disclose when that would be.

With a starting price of 189,800 yuan ($27,615.31) in China, the Zeekr X offers... More

Waymo self-driving vehicles pull over in California due to fog

Waymo, the self-driving technology segment of Alphabet Inc (NASDAQ: GOOGL), said Wednesday that some of their vehicles in San Francisco encountered dense fog and briefly pulled over to the side of the road.

The incident occurred around 6AM Pacific time on... More

'Microsoft's stock has been on a tear', raised to $315 at Wedbush

Wedbush reiterated an Outperform rating on Microsoft (NASDAQ: MSFT) and raised their price target on the stock to $315.00 (From $290.00) following positive Azure checks on Redmond in the field.

Microsoft remains firmly on the Wedbush Best Ideas List following recent checks in the field. The checks have been positive around overall cloud deal flow and momentum for Redmond in the March quarter, despite Street fears with Wedbushs analysis that Nadella & Co. should be able to at least hit the low 30% Azure growth for the quarter.

Analyst Daniel Ives wrote... More

Alphabet’s (GOOGL) Waymo and Aurora (AUR) hit speed bump as union opposes safety exemption for driverless trucks

Alphabet's (NASDAQ: GOOGL) self-driving unit Waymo hit a speed bump on Tuesday after major transport union, the Federal Motor Carrier Safety Administration (FMCSA), voiced its opposition to a petition put forward by the tech company.

Waymo, alongside autonomous driving company Aurora (NASDAQ: AUR) are seeking an exemption from rules on warning devices for large... More

House committee chair Gallagher 'concerned' by Tesla (TSLA) dealings with China

Mike Gallagher, a Republican representative from Wisconsin and chair of the U.S. committee on China voiced his concerns Monday evening about electric carmaker Tesla Inc's (TSLA.O) dependency on China.

The Chairperson said he would like to know how Tesla's CEO Elon Musk balances U.S. government support for Tesla and its operations in China. The statements came one day after the CEO announced in a tweet that Tesla plans to open a Megapack battery factory in Shanghai.

"I'm concerned about this,"... More

Microsoft (MSFT) slips 2% as UBS cuts estimates again on 'too high' Azure growth expectations

UBS analyst Karl Keirstead reiterated a Neutral rating and a $275 per share price target on Microsoft (NASDAQ: MSFT) as he believes Azure estimates remain too high.

Recent trends (spend optimization/cuts, slower migration as well as new developer activity) have continued into 1Q23 and if anything feel worse than 3 months ago, the analyst said in a client... More