The supposed “Galaxy Z Fold 8 Wide” dummy unit can be seen in the middle. | Image by Sonny Dickson The wide foldable phone that Samsung is reportedly developing is expected to arrive later this year, and now we may have some idea of what it will look like. Leaker and journalist Sonny Dickson has shared images online of what he says are dummy units of Samsung's upcoming Galaxy foldables, including ...
The supposed “Galaxy Z Fold 8 Wide” dummy unit can be seen in the middle. | Image by Sonny Dickson The wide foldable phone that Samsung is reportedly developing is expected to arrive later this year, and now we may have some idea of what it will look like. Leaker and journalist Sonny Dickson has shared images online of what he says are dummy units of Samsung's upcoming Galaxy foldables, including the "Z Fold 8 Wide" - showing a passport-like design that's primed to take on Huawei's Pura X Max and Apple's long-rumored foldable iPhone . The leaked dummy unit suggests that Samsung's wide foldable will feature a dual-camera setup on the rear, down from three cameras on Samsung's other Z Fold phones. All three of the dummy units feature promin … Read the full story at The Verge.
Spotify Technology SA is now offering workout classes from Peloton Interactive Inc. to premium subscribers, marking the music streaming pioneer’s first major foray into fitness content. The new partnership will bring curated playlists and access to a catalog of more than 1,400 ad-free, on-demand content from some of Peloton’s most popular wellness instructors, Spotify said in a statement on Monday...
Spotify Technology SA is now offering workout classes from Peloton Interactive Inc. to premium subscribers, marking the music streaming pioneer’s first major foray into fitness content. The new partnership will bring curated playlists and access to a catalog of more than 1,400 ad-free, on-demand content from some of Peloton’s most popular wellness instructors, Spotify said in a statement on Monday. \ Fitness marks another pillar in Spotify’s expanding selection of content as it moves beyond its early days as a music streaming platform and seeks to become an all-encompassing multimedia service. The Swedish company also offers podcasts, audiobooks and has recently been pushing into video. For Peloton, the agreement will help it to broaden its global reach and expand beyond its core at-home connected fitness hardware, as part of a larger turnaround strategy. Peloton currently operates in only six countries, but the partnership will significantly expand its footprint to most of the more than 180 markets where Spotify is available. Peloton investors cheered the news, sending the stock up as much as 11% in premarket trading in New York. Spotify shares remained little changed. Spotify, which has 290 million paid members, raised the price of its premium subscriptions in the US to $13 in February. Bloomberg previously reported that Spotify was looking to invest in fitness-related content under its two new chief executive officers, Gustav Söderström and Alex Norström . “We see people doing exercise with Spotify all of a sudden,” Söderström told Bloomberg late last year. People have always made playlists for their runs, he said, but “they never watched Spotify doing yoga in front of it, so it kind of opens up this very big, interesting opportunity for us.” The new content library will feature a range of Peloton classes, including strength training, yoga, meditation, Pilates and barre, available in English, Spanish and German. New instructors and categories will be introduced o...
Qualcomm Inc. shares jumped in premarket trading on Monday after a closely watched tech industry analyst suggested the chipmaker is working with artificial intelligence giant OpenAI on a smartphone. Shares of the San Diego-based company gained 14% in early trading following a post on X by TF International Securities analyst Ming-Chi Kuo , which said his latest industry checks had revealed that Ope...
Qualcomm Inc. shares jumped in premarket trading on Monday after a closely watched tech industry analyst suggested the chipmaker is working with artificial intelligence giant OpenAI on a smartphone. Shares of the San Diego-based company gained 14% in early trading following a post on X by TF International Securities analyst Ming-Chi Kuo , which said his latest industry checks had revealed that OpenAI was working with MediaTek Inc. and Qualcomm to develop smartphone processors. Kuo added that Luxshare Precision Industry Co. is working as the “exclusive system co-design and manufacturing partner.” Luxshare shares jumped as much as 10% in Shenzhen trading. Meanwhile shares of iPhone maker Apple Inc. fell as much as 1.9% in New York. The report says mass production is expected in 2028, although “specifications and suppliers are expected to be finalized by late 2026” or the first quarter of 2027, Kuo said. Representatives from Qualcomm, OpenAI, MediaTek and Luxshare did not immediately respond to Bloomberg News requests for comment. Kuo’s report comes at a time of uncertain prospects for Qualcomm, which has seen its shares struggle this year. While the stock had jumped about 20% off a recent low through Friday’s close, it remains down 13% in 2026, making it by far the the worst performer in the Philadelphia semiconductor index, which has gained for a record 18 straight days and is up nearly 50% this year. Qualcomm’s weakness has come in the face of soaring demand for memory from the build out of AI data centers, which has left makers of consumer electronics devices with limited supply and higher prices. The company is scheduled to report its second-quarter results after the market close on Wednesday.
Faina Gurevich Verizon Communications ( VZ ) is propped up in early Monday trade as first-quarter results reflected better-than-expected profits and postpaid phone additions, underscoring the company’s successful efforts to lure in new wireless customers despite intense competition from rivals AT&T ( T ) and T-Mobile ( TMUS ). Shares last traded more than 4% higher in premarket. The 55K increase i...
Faina Gurevich Verizon Communications ( VZ ) is propped up in early Monday trade as first-quarter results reflected better-than-expected profits and postpaid phone additions, underscoring the company’s successful efforts to lure in new wireless customers despite intense competition from rivals AT&T ( T ) and T-Mobile ( TMUS ). Shares last traded more than 4% higher in premarket. The 55K increase in new wireless subscribers—a first for Q1—and 341K broadband net additions led Verizon ( VZ ) to anticipate total retail postpaid phone net additions for FY26 to be at the upper end of its forecast of 750K to 1M, and profits to be within a range of $4.95 to $4.99 per share, representing growth of 5% to 6% and exceeding the $4.91 consensus forecast. This compares to prior guidance of $4.90 to $4.95 per share. For FY26, total mobility and broadband service revenue is expected to increase by 2% to 3% to $93B, while wireless revenue is expected to be flat. For the first quarter, Verizon ( VZ ) earned an adjusted profit of $1.28 per share, up 7.6% from the same quarter last year, $0.07 better than anticipated, and the best quarterly growth rate since 2021. Led by gains in mobility and broadband, total revenue increased 2.7% to $34.4B but missed expectations by $490M as the January service outage shaved 80 basis points off Verizon's ( VZ ) revenue growth rate for the quarter. On the balance sheet, cash flow from operating activities increased by 2.6% to $8.0B, while free cash flow increased by 4% to $3.6B. However, increased spending on promotions raised the company’s debt load, resulting in an unsecured debt-to-consolidated net income ratio of 8x versus 7.4x in the prior quarter. More on Verizon Verizon: Path Back Down To $40 Verizon: Why Shareholders Should Fear The Amazon Flywheel (Downgrade) Verizon: A Strong Buy Due To Its Resilient Cash Flow And Stable Valuation Verizon Non-GAAP EPS of $1.28 beats by $0.07, revenue of $34.4B misses by $490M Supreme Court to hear geofence wa...
DoorDash is poised to stage a comeback over the next few years, as its efforts to expand its market share in the U.S. and abroad begin to bear fruit, according to TD Cowen. The investment bank initiated coverage of DoorDash with a buy rating. It also put a $225 price target on shares, suggesting 27.3% upside from Friday's close. "DASH's US leadership, expanding Int'l presence, growing Grocery and ...
DoorDash is poised to stage a comeback over the next few years, as its efforts to expand its market share in the U.S. and abroad begin to bear fruit, according to TD Cowen. The investment bank initiated coverage of DoorDash with a buy rating. It also put a $225 price target on shares, suggesting 27.3% upside from Friday's close. "DASH's US leadership, expanding Int'l presence, growing Grocery and Retail mix, and emerging ads and commerce offerings will support sustained growth and rising profitability," analyst John Blackledge said in a note to clients. Between 2025 and 2030, DoorDash's monthly active users and order frequency should increase at compound annual growth rates of 8% and 4%, respectively, per the analyst's forecasts. DoorDash is likely to secure those gains amid the expansion of its offerings from food to pet care, flowers, sporting goods and other e-commerce verticals, according to TD Cowen. It is also integrating artificial intelligence-fueled features into its platform, including personalized restaurant suggestions. DASH YTD mountain DoorDash has declined nearly 22% in the year to date. More broadly, DoorDash is expected to increase its share of the North American market to 52.6% in 2028 due to its "continued gains in the restaurant delivery business, largely at the expense of GrubHub, Instacart, and smaller platforms, alongside continued gains in Grocery [and] Retail," Blackledge wrote. Despite those catalysts, DoorDash stock has declined recently. Shares have given up more than one-fifth of their value in 2026, putting them more than nearly 40% off an intraday record high set in October. However, TD Cowen expects DoorDash to see more bullish momentum in the years ahead. "DASH will capture an increasing share of global food and retail commerce, supporting potential multiple expansion in the near to medium term," Blackledge wrote. TD Cowen's call falls in line with consensus on the Street. Of the 47 analysts covering DoorDash, 36 have a buy or strong...