Investing.com -- Mizuho upgraded Cloudflare Inc (NYSE:NET) to “Outperform,” citing strengthening sales pipelines, rising adoption of its Workers AI product, and a favorable setup for growth reacceleration in the second half of 2025.“Our recent checks on NET were more favorable than we expected,” the analysts wrote, highlighting large-deal activity and growing momentum for AI inferen ...
(Reuters) -Abbott Laboratories maintained its annual profit forecast on Wednesday and announced $500 million in manufacturing and research investments in the U.S. in the face of tariff-induced uncertainty.The company, which makes nutritional products and medical devices such as glucose monitors, has operations in several international markets including China. It has 89 manufacturing facilities aro ...
By Zaheer Kachwala(Reuters) -Apple took the top spot for global smartphone sales in the first quarter on the back of the iPhone 16e’s launch and strong demand in countries such as Japan and India, data from Counterpoint Research showed on Monday. Apple (NASDAQ:AAPL) had 19% of the smartphone market, despite flat or declining sales in the U.S., Europe and China, followed by Samsung (KS:005930) wi ...
By Akash Sriram and Arsheeya Bajwa(Reuters) - Nvidia (NASDAQ:NVDA) said it is planning to build AI servers worth as much as $500 billion in the U.S. over the next four years with help from partners such as TSMC, the latest American tech firm to back the Trump administration’s push for local manufacturing.Monday’s announcement includes production of its Blackwell AI chips at TSMC’s factory at ...