Tech
Palo Alto Networks Defies Doubts, Posts Impressive Q4 Revenue
Palo Alto Networks (PANW) experienced a remarkable surge of over 14% in its stock value early Monday, propelled by its fourth-quarter (Q4) financial results that...
Nasdaq IPO of Arm: AI Ambitions of SoftBank
SoftBank Group’s chip designing subsidiary, Arm, is gearing up for a significant move as it prepares to file for an initial public offering (IPO) on...
Nvidia Prepares for Q2 Earnings Report Amid AI Frenzy
Nvidia (NVDA) is poised to unveil its second quarter (Q2) earnings report after the closing bell next Wednesday, marking a pivotal moment that will test...
Hedge Funds Trim Intel Shares Amidst Tech Surge
In the midst of a robust technology rally during the second quarter, hedge funds have been in a race to capitalize on the soaring market....
Amazon Earnings Rally Amid Tech Sector Struggles
Optimism radiates among analysts as Amazon.com Inc. emerges as a prominent victor in this season’s earnings arena. The e-commerce and cloud-computing titan’s stock has surged...
Ford Enlists Former Apple VP to Head Software Services
Ford Motor Company has made a strategic move by hiring Peter Stern, a former key executive from Apple Inc., to spearhead a groundbreaking venture in...
Mastercard Boosts MTN’s Fintech in $5.2B Valuation Deal
In a strategic move to tap into Africa’s burgeoning fintech sector, Mastercard Inc. has announced its agreement to acquire a minority stake in the financial-technology...
Investors Flock to U.S. Treasury Funds on Yield Appeal
U.S treasury funds and bonds have managed to defy lackluster economic projections and capture remarkable levels of investment attracting investors throughout 2023. According to insightful...
News Corp Outpaces Profit Estimates, Fueled by AI Growth
In a surprising turn of events, media mogul Rupert Murdoch’s News Corp announced on Thursday that it had exceeded its quarterly profit estimates, attributing the...
Cost-Cutting Surge: Tech Industry Slashes Capex to Fuel Remarkable Market Highs
In recent months, a wave of cost-cutting has swept through the tech industry, ushering in a surge in profits and stock values for major players....