Top Stories from The Trader Times

The days of simple avatars in the metaverse are over. A recently published virtual interview illustrates the remarkable progress. Mark Zuckerberg's Metaverse was initially mocked by some influencers due to its "cartoonish" graphics. Recently, however, social media posts have proliferated suggesting that this criticism may have been premature. The virtual worlds could be shaping up to be something...

Amazon is opening up a new source of revenue and, above all, profit with video advertising on Prime from the beginning of 2024. Video advertising could generate revenues of USD 6.2 billion and EPS of USD 0.40 in the US alone. That would be a very high-margin business! In early 2024, Amazon is moving away from providing Prime video content without advertising. Although the Prime subscription...

Uber is widely known as a leader in passenger transport services and for being the second largest player in food delivery. However, many are less familiar with the company's successful strategy and future plans to launch a Super App. This year, the company's entry into the black triggered an impressive stock market rally of nearly 100%. On Thursday (September 28), CEO Dara Khosrowshahi spoke at the...

In the competition among Silicon Valley heavyweights to bring computing devices that can be worn in the face, Meta Platforms  proudly unveiled its latest achievement on Wednesday (September 27). Meta Quest 3 available Oct. 10 for $499. The Quest 3 glasses were officially announced at Meta's Connect developer conference on Wednesday (September 27), after first being unveiled by the company in...

California-based electric vehicle manufacturer Rivian Automotive (RIVN) currently offers the R1T, a pickup truck, and the R1S, an SUV. CEO Robert Scaringe has big plans to cut costs with proprietary electric motors, software solutions and driver assistance systems. This is to provide independence from third-party suppliers and a differentiated and improved user experience. Consolidation of the electronic...

The network specialist is now making the most expensive purchase in its company history. With the takeover, Cisco plans to become one of the largest software companies in the world. Cisco plans to expand its software business with a deal worth billions. On Sept. 21, 2023, the company announced that it would acquire IT security specialist Splunk for a sum of $157 per share in cash. It is one of...

Bank of America analysts are getting more bullish on enterprise cloud platform provider Nutanix (NTNX) thanks to better fundamentals and the upcoming analyst day. Shares of enterprise cloud platform provider Nutanix (NTNX) are rather volatile and had jumped significantly in early September. Nutanix is a cloud computing software company that specializes in delivering hyper-converged infrastructure...

Pinterest (PINS) is considered a source of inspiration for finding new recipe ideas, clothing styles, furniture or travel destinations. More than 6 billion searches are already conducted every month. The start after the IPO in 2019 was initially promising. Interest was immense during lockdown, before user numbers dwindled after the pandemic and growth slowed as the digital advertising market took a...

The activist investor Starboard Value is invested in Godaddy. In yesterday's letter to shareholders, they point out that the FCF multiple is at least 40% undervalued. B.Riley raised the target to $107 today. The market could start to play a reduction of the undervaluation and the big picture breakout could start. Godaddy (GDDY) is the world's largest registrar of confirmed domains, a provider...