islander11/iStock via Getty Images Intapp (NASDAQ:INTA) shares fell more than 4% in premarket trading on Monday as Oppenheimer downgraded the software company, citing worries over the impact of artificial intelligence and increased competition. Although there has been a lot of buzz around AI in the tech landscape, there are concernsContinue Reading
Vancouver, Canada, July 3rd, 2024, Chainwire Chibi Clash, a fantasy web3 gaming universe, has unveiled its Kingdoms Alliance Event, running from July 2nd to July 22nd, allowing players to compete for rewards. This event marks a collaborative effort among 21 partner projects within the Chibi Clash ecosystem, including AI Arena,Continue Reading
wilpunt/E+ via Getty Images Pure Storage (NYSE:PSTG) was in the spotlight on Tuesday as investment firm UBS downgraded the flash storage company, noting that increased competition could impact its valuation. Shares fell 4.9% in premarket trading and have gained 88% year-to-date. “Pure’s valuation has benefitted from the view that AIContinue Reading
kokkai/iStock Unreleased via Getty Images Sea Limited (NYSE:SE) was downgraded to Neutral from Overweight by J.P. Morgan due in part to increased competition from TikTok (BDNCE) and Temu (PDD). “Incremental increases in competition are now likely to cap positive earnings revisions and share price in the near-term, in our view,”Continue Reading
