Coupang Unveils Rebranding of AI Cloud Computing Service
CIC's data centers, located in Seoul, South Korea and the greater metropolitan area, are equipped with cutting-edge infrastructure. These facilities feature high-capacity power systems, advanced cooling technologies, redundant power architecture, multi-network support, and robust physical security—helping to ensure stable operations.
About Coupang
Coupang is a technology and Fortune 150 company listed on the New York Stock Exchange (NYSE: CPNG) that provides retail, restaurant delivery, video streaming, and fintech services to customers around the world under brands that include Coupang, Coupang Eats, Coupang Play, Farfetch, and Rocket Now.
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Yahoo
4 minutes ago
- Yahoo
Here's What to Expect From United Parcel's Next Earnings Report
Atlanta, Georgia-based United Parcel Service, Inc. (UPS) is a package delivery and logistics provider that offers transportation and delivery services. Valued at a market cap of $85.5 billion, the company provides a range of time‑definite services including domestic and international package delivery, freight forwarding, supply chain logistics, customs brokerage, and shipping insurance. It is scheduled to announce its fiscal Q2 earnings for 2025 before the market opens on Tuesday, Jul. 29. Prior to this event, analysts project this package delivery and logistics company to report a profit of $1.57 per share, down 12.3% from $1.79 per share in the year-ago quarter. The company has exceeded Wall Street's bottom-line estimates in three of the last four quarters, while missing on another occasion. Its earnings of $1.49 per share in the previous quarter outpaced the consensus estimates by 4.9%. Is Palantir Stock a Buy, Sell, or Hold for July 2025? Is Archer Aviation Stock a Buy, Sell, or Hold for July 2025? Oklo Just Announced a New Nuclear Fuel Deal. Is OKLO Stock a Buy Here? Get exclusive insights with the FREE Barchart Brief newsletter. Subscribe now for quick, incisive midday market analysis you won't find anywhere else. For the full year, analysts expect UPS to report EPS of $7.05, down 8.7% from $7.72 in fiscal 2024. Nonetheless, its EPS is expected to rebound in fiscal 2026 and grow by 14% year over year to $8.04. UPS has declined 23.2% over the past 52 weeks, considerably lagging behind both the S&P 500 Index's ($SPX) 13.2% return and the Industrial Select Sector SPDR Fund's (XLI) 22.8% uptick over the same time frame. On Apr. 29, shares of UPS closed down marginally after its Q1 earnings release, despite delivering a better-than-expected performance. The company's revenue slightly declined year-over-year to $21.5 billion but exceeded the consensus estimates by 2.3%. Higher revenue from its U.S. domestic and international segments were offset by decline in its supply chain solutions segment sales. Meanwhile, its adjusted earnings of $1.49 per share improved 4.2% from the year-ago quarter, surpassing the analyst estimates by 3.5%. UPS' efforts to reconfigure its network and reduce costs across its business supported its profitability. Wall Street analysts are moderately optimistic about UPS' stock, with a "Moderate Buy" rating overall. Among 27 analysts covering the stock, 15 recommend "Strong Buy," one suggests a "Moderate Buy,' nine recommend 'Hold,' and two indicate 'Strong Sell' rating. The mean price target for UPS is $114.36, which indicates a 9.5% potential upside from the current levels. On the date of publication, Neharika Jain did not have (either directly or indirectly) positions in any of the securities mentioned in this article. All information and data in this article is solely for informational purposes. This article was originally published on Error while retrieving data Sign in to access your portfolio Error while retrieving data Error while retrieving data Error while retrieving data Error while retrieving data
Yahoo
6 minutes ago
- Yahoo
BigBear.ai (BBAI) Stock Surges 52%—Analyst Sees More Upside Ahead
Holdings, Inc. (NYSE:) is one of the . On July 1, H.C. Wainwright analyst Scott Buck raised the price target on the stock to $9 from $6 and kept a 'Buy' rating on the shares. The firm's buy rating stems from positive momentum exhibited by the stock during the first half of 2025. In particular, shares of increased 52.6% on the back of new customers and contracts, as well as positive underlying secular trends in AI-driven defense and security. has recently won multiple deployments of its biometric software for Enhanced Passenger Processing at airports and ports of entry, a strategic partnership in the UAE, along with a collaboration with Analogic. It has also achieved some balance sheet improvements, offering it the flexibility to pursue potential acquisitions that could further boost revenue growth and profitability. A high-rise office building, its staff busy at work providing cybersecurity services. The firm believes that shares will sustain current momentum as the company executes against its current guidance. Therefore, it recommends investors to continue accumulating a position in lieu of the improving financial results in the second half of 2025 and 2026. Holdings, Inc. (NYSE:BBAI) is an artificial intelligence specialist that provides decision intelligence solutions for national security, digital identity, supply chain and logistics, enterprise operations, and manned-unmanned teaming in autonomous systems. While we acknowledge the potential of BBAI as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock. READ NEXT: 10 AI Stocks in the Spotlight and Disclosure: None. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
6 minutes ago
- Yahoo
Piper Sandler Backs Marvell's (MRVL) XPU Strategy With Bullish Call
Marvell Technology, Inc. (NASDAQ:MRVL) is one of the On July 1, Piper Sandler analyst Harsh Kumar reiterated an 'Overweight' rating on the stock with an $85.00 price target, citing the company's XPU growth strategy. The firm is confident that Marvell's XPU strategy is on track and will ramp up significantly in the near to mid-term timeframe. It considers Marvell to be one of the two companies that possess intellectual property to service the leading-edge XPU market for hyperscaler customers. 'Growth to be Driven by XPU Proliferation; Last week, we had the opportunity to host management meetings with MRVL. We came away reaffirmed that the growth strategy for the company related to their XPU strategy is on track and is set to ramp significantly in the near to mid-term time frame." Marvell Technology, Inc. (NASDAQ:MRVL) engages in the development and production of semiconductors, focusing heavily on data centers. While we acknowledge the potential of MRVL as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock. READ NEXT: 10 AI Stocks in the Spotlight and Disclosure: None. Sign in to access your portfolio
