Rosenblatt Initiates Robinhood (HOOD) at Buy, Citing Growth and Market Share Gains
Rosenblatt Securities initiates Robinhood with a Buy rating and $135 price target, implying 37% upside from recent levels.
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BlackBerry’s QNX Royalty Backlog Exceeds $1.2 Billion, Up 26% in Two Quarters
Strong design wins for SDP 8.0 and the first Alloy Kore award have lifted QNX’s royalty backlog to a new record.
Super Micro Lifts Q1 Revenue Outlook to $18.5–$19.5 Billion on Strong AI Server Demand
Super Micro expects Q1 revenue of $18.5-19.5B, well above guidance, on strong AI server demand. Gross margins also improve to 12-12.5%.
SpaceX Revenue More Than Doubles to $14.6 Billion as AI Business Surges
Elon Musk says SpaceX is in an “inflection moment” across launch, connectivity and superintelligence after AI revenue soared more than ninefold. Musk is considering a historic merger with Tesla, with both companies forming committees to explore the deal.
Netflix Cuts Ad Revenue Guidance and Delivers Soft Q4 Forecast After Strong Q3
Netflix reported $12.9B Q3 revenue and a 34.6% margin, but a weaker Q4 profit outlook and lower ad guidance sent shares lower.