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Category Archives: Technology

Analysts Are More Bearish On Guangzhou Tinci Materials Technology Co., Ltd. (SZSE:002709) Than They Used To Be – Simply Wall St

Posted: March 31, 2024 at 5:51 am

The analysts covering Guangzhou Tinci Materials Technology Co., Ltd. (SZSE:002709) delivered a dose of negativity to shareholders today, by making a substantial revision to their statutory forecasts for this year. Both revenue and earnings per share (EPS) forecasts went under the knife, suggesting the analysts have soured majorly on the business. At CN22.23, shares are up 6.5% in the past 7 days. Investors could be forgiven for changing their mind on the business following the downgrade; but it's not clear if the revised forecasts will lead to selling activity.

After this downgrade, Guangzhou Tinci Materials Technology's 14 analysts are now forecasting revenues of CN16b in 2024. This would be an okay 5.4% improvement in sales compared to the last 12 months. Statutory earnings per share are supposed to sink 18% to CN0.81 in the same period. Before this latest update, the analysts had been forecasting revenues of CN20b and earnings per share (EPS) of CN1.51 in 2024. It looks like analyst sentiment has declined substantially, with a sizeable cut to revenue estimates and a large cut to earnings per share numbers as well.

View our latest analysis for Guangzhou Tinci Materials Technology

The consensus price target fell 8.3% to CN22.09, with the weaker earnings outlook clearly leading analyst valuation estimates.

Of course, another way to look at these forecasts is to place them into context against the industry itself. It's pretty clear that there is an expectation that Guangzhou Tinci Materials Technology's revenue growth will slow down substantially, with revenues to the end of 2024 expected to display 5.4% growth on an annualised basis. This is compared to a historical growth rate of 46% over the past five years. By way of comparison, the other companies in this industry with analyst coverage are forecast to grow their revenue at 17% per year. Factoring in the forecast slowdown in growth, it seems obvious that Guangzhou Tinci Materials Technology is also expected to grow slower than other industry participants.

The most important thing to take away is that analysts cut their earnings per share estimates, expecting a clear decline in business conditions. Regrettably, they also downgraded their revenue estimates, and the latest forecasts imply the business will grow sales slower than the wider market. After such a stark change in sentiment from analysts, we'd understand if readers now felt a bit wary of Guangzhou Tinci Materials Technology.

Still, the long-term prospects of the business are much more relevant than next year's earnings. At Simply Wall St, we have a full range of analyst estimates for Guangzhou Tinci Materials Technology going out to 2026, and you can see them free on our platform here.

Another way to search for interesting companies that could be reaching an inflection point is to track whether management are buying or selling, with our free list of growing companies that insiders are buying.

Find out whether Guangzhou Tinci Materials Technology is potentially over or undervalued by checking out our comprehensive analysis, which includes fair value estimates, risks and warnings, dividends, insider transactions and financial health.

Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) simplywallst.com.

This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.

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Analysts Are More Bearish On Guangzhou Tinci Materials Technology Co., Ltd. (SZSE:002709) Than They Used To Be - Simply Wall St

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Daheng New Epoch Technology Full Year 2023 Earnings: EPS: CN0.11 (vs CN0.16 in FY 2022) – Simply Wall St

Posted: at 5:51 am

Key Financial Results

All figures shown in the chart above are for the trailing 12 month (TTM) period

Daheng New Epoch Technology shares are down 10.0% from a week ago.

You should learn about the 1 warning sign we've spotted with Daheng New Epoch Technology.

Find out whether Daheng New Epoch Technology is potentially over or undervalued by checking out our comprehensive analysis, which includes fair value estimates, risks and warnings, dividends, insider transactions and financial health.

Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) simplywallst.com.

This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.

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Daheng New Epoch Technology Full Year 2023 Earnings: EPS: CN0.11 (vs CN0.16 in FY 2022) - Simply Wall St

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Tesla offers U.S. customers a month’s trial of its driver-assist technology – Reuters

Posted: at 5:51 am

Tesla offers U.S. customers a month's trial of its driver-assist technology  Reuters

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Tesla offers U.S. customers a month's trial of its driver-assist technology - Reuters

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Slam Dunk Technology: How AI Is Revolutionizing The Game Of Basketball – Forbes

Posted: at 5:51 am

Slam Dunk Technology: How AI Is Revolutionizing The Game Of Basketball  Forbes

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Slam Dunk Technology: How AI Is Revolutionizing The Game Of Basketball - Forbes

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China Environmental Technology and Bioenergy Holdings Full Year 2023 Earnings: CN0.03 loss per share (vs CN … – Simply Wall St

Posted: at 5:51 am

Key Financial Results

All figures shown in the chart above are for the trailing 12 month (TTM) period

China Environmental Technology and Bioenergy Holdings shares are up 4.2% from a week ago.

We should say that we've discovered 2 warning signs for China Environmental Technology and Bioenergy Holdings (1 is significant!) that you should be aware of before investing here.

Find out whether China Environmental Technology and Bioenergy Holdings is potentially over or undervalued by checking out our comprehensive analysis, which includes fair value estimates, risks and warnings, dividends, insider transactions and financial health.

Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) simplywallst.com.

This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.

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China Environmental Technology and Bioenergy Holdings Full Year 2023 Earnings: CN0.03 loss per share (vs CN ... - Simply Wall St

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Vuma and Huawei team up to launch industry first 50G PON … – Light Reading

Posted: July 15, 2023 at 3:47 am

Vuma, South Africas biggest Fibre-to-the-Home (FTTH) provider, has announced the integration of next generation fibre technology and innovation to the South African market, through its latest partnership with Huawei.

Vuma and Huawei team up to launch industry first 50G PON technology in South Africa

As a next-generation PON technology defined by ITU-T, the 50G PON effectively supports 10Gbps Everywhere. It provides high-density symmetrical 50G PON to meet the increasing bandwidth requirements in future campus, industrial interconnection, enterprise, and home scenarios. And it integrates GPON, 10G PON, and 50G PON into one port, allowing for service upgrade on demand.

The partnership sees the launch of 50G PON capabilities significantly higher than the existing 2.5Gbps capabilities currently in use. Following its testing phase, the deployment of this first to market technology will make considerably higher upload and download fibre broadband speeds accessible to Vuma customers across the providers FTTH network, meeting growing consumer demand for faster, higher capacity, and more stable connectivity.

Vumas investment in the testing and rollout of the new Huawei PON technology is future-proofing our network, which will allow us to enable much more capacity over the last mile fibre and increase speeds as our customers require approximately 20 times faster than the current capabilities deployed, says Francois Swart, Chief Technology Officer at Vuma.

At the Huawei Eco-Connect sub-Saharan Africa 2023 launch event, President of Huawei Optical Business Product Line, Richard Jin, gave a keynote speech that mentioned that Huaweis vision for the region and making truly high-speed connectivity more accessible to everyone.

"Fibre broadband will significantly promote innovation and employment for the country, says Richard Jin. However, the penetration rate of FBB in most of the African countries is much lower than global average. This is both a challenge and an opportunity.

Weve launched the best technology currently available in the African market with our top customer, Vuma, which speaks volumes to the values of innovation and empowerment through connectivity that Huawei and Vuma share, says Kim Jin, Vice President of Huawei Optical Business Product Line. Through this partnership, our goal, much like Vumas, is to support increased connectivity access to all South Africans, and to bridge the gap in access to high quality digital services.

This content is sponsored by Huawei.

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Vuma and Huawei team up to launch industry first 50G PON ... - Light Reading

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See What Kim Kardashian and Kylie Jenner Look Like With Aging … – E! NEWS

Posted: at 3:47 am

Kim Kardashian and Kylie Jennerare revealing their wrinkles.

The sisters joined in theviral trend of using the "Aged" filter on social media to show what they will look like decades down the line, at least according to the TikTok technology.

And despiteKim's outspoken desire to look young forever,she embraced her more mature appearance and admitted in a July 14 video that she deserves the "Gorgeous award." The 42-year-old teased, "I look gorgeous."

Kimwho once said she'd "eat poop every single day" ifit would make her youthfulcracked a smile at her alteredlook while sportinga makeup-freeface, wet hair and under-eye patches.

On the other hand, Kylie was not so on board with her aged look. In a July 11 video,the 25-year-oldshowed herself at home in a black tank top while running her hand through her (somewhat digitally greyed) hair. "I don't like it," she said. "I don't like it at all. No."

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See What Kim Kardashian and Kylie Jenner Look Like With Aging ... - E! NEWS

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AFRL conducts swarm technology demonstration > ONE AFRL … – afrl.af.mil

Posted: May 20, 2023 at 10:42 am

KIRTLAND AIR FORCE BASE, N.M. The Air Force Research Laboratory, or AFRL, conducted a demonstration, April 5, 2023, of its high-power microwave counter drone weapon, the Tactical High-power Operational Responder, or THOR, as it engaged a swarm of multiple targets at the Chestnut Test Site, Kirtland Air Force Base.The THOR team flew numerous drones at the THOR system to simulate a real-world swarm attack, said Adrian Lucero, THOR program manager at AFRLs Directed Energy Directorate. THOR has never been tested against these types of drones before, but this did not stop the system from dropping the targets out of the sky with its non-kinetic, speed-of-light High-Power Microwave, or HPM pulses, he said.Capt. Eric Plummer, a test engineer with AFRLs Directed Energy Directorate, operated the THOR system and has been with the THOR program for nearly two years. He was responsible for aiming the THOR system at the swarm.THOR was exceptionally effective at disabling the swarm with its wide beam, high peak powers and fast-moving gimbal to track and disable the targets, said Lucero. 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$(".fancybox-caption").removeClass("af3-caption-bg"); $(".base-caption-info").removeClass("full-height"); $(".fancy-photo-detail-link").removeClass("photo-detail-gradient"); $(".fancybox-button").css("display", "block"); if (detailSize === "half") { detailSize = "full"; displayhgt = "90vh"; $(".fancybox-caption").removeClass("desktop-init"); } } function prependClosing() { return '' } function isMobile() { var isMobile = false; //initiate as false // device detection if (/(android|bbd+|meego).+mobile|avantgo|bada/|blackberry|blazer|compal|elaine|fennec|hiptop|iemobile|ip(hone|od)|ipad|iris|kindle|Android|Silk|lge |maemo|midp|mmp|netfront|opera m(ob|in)i|palm( os)?|phone|p(ixi|re)/|plucker|pocket|psp|series(4|6)0|symbian|treo|up.(browser|link)|vodafone|wap|windows (ce|phone)|xda|xiino/i.test(navigator.userAgent) || /1207|6310|6590|3gso|4thp|50[1-6]i|770s|802s|a wa|abac|ac(er|oo|s-)|ai(ko|rn)|al(av|ca|co)|amoi|an(ex|ny|yw)|aptu|ar(ch|go)|as(te|us)|attw|au(di|-m|r |s )|avan|be(ck|ll|nq)|bi(lb|rd)|bl(ac|az)|br(e|v)w|bumb|bw-(n|u)|c55/|capi|ccwa|cdm-|cell|chtm|cldc|cmd-|co(mp|nd)|craw|da(it|ll|ng)|dbte|dc-s|devi|dica|dmob|do(c|p)o|ds(12|-d)|el(49|ai)|em(l2|ul)|er(ic|k0)|esl8|ez([4-7]0|os|wa|ze)|fetc|fly(-|_)|g1 u|g560|gene|gf-5|g-mo|go(.w|od)|gr(ad|un)|haie|hcit|hd-(m|p|t)|hei-|hi(pt|ta)|hp( i|ip)|hs-c|ht(c(-| |_|a|g|p|s|t)|tp)|hu(aw|tc)|i-(20|go|ma)|i230|iac( |-|/)|ibro|idea|ig01|ikom|im1k|inno|ipaq|iris|ja(t|v)a|jbro|jemu|jigs|kddi|keji|kgt( |/)|klon|kpt |kwc-|kyo(c|k)|le(no|xi)|lg( g|/(k|l|u)|50|54|-[a-w])|libw|lynx|m1-w|m3ga|m50/|ma(te|ui|xo)|mc(01|21|ca)|m-cr|me(rc|ri)|mi(o8|oa|ts)|mmef|mo(01|02|bi|de|do|t(-| |o|v)|zz)|mt(50|p1|v )|mwbp|mywa|n10[0-2]|n20[2-3]|n30(0|2)|n50(0|2|5)|n7(0(0|1)|10)|ne((c|m)-|on|tf|wf|wg|wt)|nok(6|i)|nzph|o2im|op(ti|wv)|oran|owg1|p800|pan(a|d|t)|pdxg|pg(13|-([1-8]|c))|phil|pire|pl(ay|uc)|pn-2|po(ck|rt|se)|prox|psio|pt-g|qa-a|qc(07|12|21|32|60|-[2-7]|i-)|qtek|r380|r600|raks|rim9|ro(ve|zo)|s55/|sa(ge|ma|mm|ms|ny|va)|sc(01|h-|oo|p-)|sdk/|se(c(-|0|1)|47|mc|nd|ri)|sgh-|shar|sie(-|m)|sk-0|sl(45|id)|sm(al|ar|b3|it|t5)|so(ft|ny)|sp(01|h-|v-|v )|sy(01|mb)|t2(18|50)|t6(00|10|18)|ta(gt|lk)|tcl-|tdg-|tel(i|m)|tim-|t-mo|to(pl|sh)|ts(70|m-|m3|m5)|tx-9|up(.b|g1|si)|utst|v400|v750|veri|vi(rg|te)|vk(40|5[0-3]|-v)|vm40|voda|vulc|vx(52|53|60|61|70|80|81|83|85|98)|w3c(-| )|webc|whit|wi(g |nc|nw)|wmlb|wonu|x700|yas-|your|zeto|zte-/i.test(navigator.userAgent.substr(0, 4))) { isMobile = true; } return isMobile; } });As the dangers from drone swarms evolve, leaders from across the Department of Defense are working closely to ensure we are exploring different technologies like directed energy to support the needs of the warfighter in the future against such threats.THOR was extremely efficient with a near continuous firing of the system during the swarm engagement, said Capt. Tylar Hanson, THOR deputy program manager. It is an early demonstrator, and we are confident we can take this same technology and make it more effective to protect our personnel around the world.While AFRL celebrates the success of the demonstration, leaders at Kirtland are recognizing the hard work of their team who have decades of research in high-power electromagnetic technologies.We couldnt have come this far without the perseverance and professionalism of the entire THOR team, said Ken Miller, AFRLs high power electromagnetics division chief. Our scientists, Airmen and contractors worked early mornings and late nights to make this swarm demo...a great success. AFRL is committed to developing such advanced technologies to defend our service members on the front lines.For more information about THOR technology, visit https://afresearchlab.com/technology/directed-energy/successstories/counter-swarm-high-power-weapon/About AFRLThe Air Force Research Laboratory is the primary scientific research and development center for the Department of the Air Force. AFRL plays an integral role in leading the discovery, development and integration of affordable warfighting technologies for our air, space and cyberspace force. With a workforce of more than 11,500 across nine technology areas and 40 other operations across the globe, AFRL provides a diverse portfolio of science and technology ranging from fundamental to advanced research and technology development. For more information, visit http://www.afresearchlab.com. THOR AFRL Tactical High-power Operational Responder

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AFRL conducts swarm technology demonstration > ONE AFRL ... - afrl.af.mil

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Shell to use new AI technology in deep sea oil exploration – Reuters

Posted: at 10:42 am

NEW YORK, May 17 (Reuters) - Shell Plc (SHEL.L) will use AI-based technology from big-data analytics firm SparkCognition in its deep sea exploration and production to boost offshore oil output, the companies said on Wednesday.

SparkCognition's AI algorithms will process and analyze large amounts of seismic data in the hunt for new oil reservoirs by Shell, the largest oil producer in the U.S. Gulf of Mexico.

"We are committed to finding new and innovative ways to reinvent our exploration ways of working," Gabriel Guerra, Shell's vice president of innovation and performance, said in a statement.

The goal is to improve operational efficiency and speed, and increase production and success in exploration. The new process can shorten explorations to less than nine days from nine months, the companies said.

"Generative AI for seismic imaging can positively disrupt the exploration process and has broad and far-reaching implications," said Bruce Porter, chief science officer for Austin, Texas-based SparkCognition.

The technology would generate subsurface images using fewer seismic data scans than usual, helping with deep sea preservation, the companies said. Seismic technology sends sound waves to explore subsurface areas.

Fewer seismic surveys accelerate exploration workflow and would save costs in high-performance computing, they added.

Reporting by Stephanie Kelly; Editing by Richard Chang

Our Standards: The Thomson Reuters Trust Principles.

Thomson Reuters

A New-York-based correspondent covering the U.S. crude market and member of the energy team since 2018 covering the oil and fuel markets as well as federal policy around renewable fuels.Contact: 646-737-4649

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Former Google CEO says AI at ‘center’ of technology competition between US and China – Fox News

Posted: at 10:42 am

A former Google CEO said during a Congressional hearing on Wednesday that artificial intelligence (AI) is at the "center" of the technology competition between the United States and China.

Eric Schmidt, who was CEO of Google from 2001 to 2011, made the comment during Wednesday's House hearing focusing on strategic competition between the United States and the Chinese Communist Party (CCP).

"I think the technology competition between China and the U.S. is the defining moment of all of the competitions," Schmidt said. "And of that, artificial intelligence, AI, which is now a lot of people are talking about, is very much at the center of this competition."

Elaborating on his point, Schmidt said that "China is now dedicating enormous resources to outpace the US and technologies, in particular AI."

REP. GALLAGHER SAYS US NEEDS TO TAKE OFF 'GOLDEN BLINDFOLDS' AND 'OPEN OUR EYES' TO CHINA RISK

Former CEO & Chairman of Google and Chainlink Advisor Eric Schmidt speaks at Chainlink's SmartCon 2022 Web3 Conference on September 28, 2022 in New York City. (Eugene Gologursky/Getty Images for SmartContract)

"We're not talking about it tonight, but basically quantum cyber, AI, biology, computer science and new energy are also on the list, and they're all strategic and they're all under attack," he said.

Schmidt said the U.S. is "still ahead" in the technology and innovation race, he said the world is "trying to catch up."

"First, we have to invest in science and technology research, basic and applied at the National Security Commission and AI which you all appointed me the chairman of a while ago," Schmidt said. "Congress must pass technology focused legislation in each year because the race continues apace."

Schmidt also said that the H-1B visa problem needs to be addressed in order to help the country's innovation in technology.

CALIFORNIA REP IN HEAVILY ASIAN-AMERICAN DISTRICT FIGHTS AGAINST CHINESE COMMUNIST INFLUENCE IN EDUCATION

China's national flag is seen in front of cranes on a construction site at a commercial district in Beijing, China, January 26, 2016. (REUTERS/Kim Kyung-Hoon)

Wednesday's hearing sought witness testimony from those who will outline the "pervasive scope of the CCPs economic espionage in the U.S."

The House China committee was approved in an overwhelming bipartisan vote in January to establish the Select Committee on China, which is designed to re-examine the country's strategic competition with China.

China leader Xi Jinpings speech to mark the 100th anniversary of the CCP left experts sounding the alarm over the American press coverage of the communist nation. (Xinhua/Shen Hong via Getty Images)

"We spent decades passing policies that welcomed China into the global system," House Speaker Kevin McCarthy said in January. "In return, China has exported oppression, aggression and anti-Americanism. Today, the power of its military and economy are growing at the expense of freedom and democracy worldwide."

McCarthy said there's bipartisan consensus that the era of trusting "communist China" has ended.

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The House voted 365-65 to approve the creation of the committee.

Fox News' Peter Kasperowicz contributed to this report.

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