GM’s Autonomous Vehicle Unit Becomes Cost Conscious Following Robotaxi Ramp Up
General Motors Co (NYSE: GM) robotaxi unit Cruise is eyeing cost cuts this year as mounting losses in the autonomous vehicle companies sparked investor concerns.
Qualtrics Could Bag A Higher Takeover Premium, Analyst Says Post Offer From Silver Lake & Canada Pension Plan
Piper Sandler analyst Brent Bracelin maintains Qualtrics International Inc (NASDAQ:XM) with an Overweight, raising the price target from $16 to $18.15. On…
HubSpot’s Launch Of ChatGPT Powered Tools Likely To Help Differentiate, Analyst Says
Piper Sandler analyst Brent Bracelin reiterates HubSpot Inc (NYSE:HUBS) with an Overweight and $450 price target. On Monday, HubSpot launched two new…
HashiCorp Likely To Become Anchor Vendor Across Infrastructure And Security Aided By Multi-Cloud Adoption, Analyst Says
Needham analyst Alex Henderson upgrades HashiCorp Inc (NASDAQ:HCP) from Hold to Buy with a $39 price target. Henderson thinks Street estimates for…
Digital Media Solutions Stock Slides As Prism Withdraws Takeover Offer; Knocks Off 14% Workforce
Digital Media Solutions, Inc’s (NYSE:DMS) Board completed its review to evaluate potential strategic alternatives to maximize shareholder value. The Board…
Borqs Shares Pop After Upbeat Preliminary Revenue Backed By IoT And Solar Energy Subsidiary
Borqs Technologies, Inc (NASDAQ:BRQS) shared preliminary revenue for the year ended December 31, 2022. Borqs expects total revenue for the…
Alibaba’s Peer Meituan Eyes Downsizing Workforce, Restructuring Ride Hailing Business
China's Meituan (OTC: MPNGY) (OTC: MPNGY) plans to restructure its ride-hailing service and reduce the number of staff working on the platform, according to CEO Wang Xing's internal letter.
TikTok Does Better Job Than Snapchat In Kicking Out Children Below Teen In Britain; Snap Contests Statistics
Snap Inc (NYSE: SNAP) Snapchat kicks dozens of children in Britain off its platform each month compared with tens of thousands blocked by rival TikTok, according to internal data.
Autonomous Trucking Company Embark Gives In To Industry Challenges; Cuts Jobs; Weighs Liquidation
On March 1, 2023, Embark Technology, Inc (NASDAQ: EMBK) board approved a reduction in its current workforce by approximately 230 employees.
Stagwell’s Strong Q4 Performance Prompts Analyst to Highlight 8 Deals, Reduced Cash Payouts, and Additional Stock Buyback for Buy Rating
Needham analyst Laura Martin reiterates Stagwell Inc (NASDAQ:STGW) with a Buy and a $9 price target. STGW reported 4Q22 GAAP revenue of…