U.S. stock index futures rose Tuesday as technology shares rebounded, with Dow E-minis up 176 points (0.33%), S&P 500 E-minis up 30.25 points (0.39%), and Nasdaq 100 E-minis up 219 points (0.75%) ahea…
Tata Consultancy Services will acquire 100% of MHP Management-und IT-Beratung GmbH, a subsidiary of Porsche AG, for €320 million, including a five-year strategic agreement valued at €1.25 billion for …
Malaysia is drafting efficiency requirements for data centres to guide a sustainable tech boom, aiming to green the sector rather than restrict it, according to the South China Morning Post. The move …
Heart Aerospace's X1 demonstrator, the largest battery-electric aircraft ever flown, completed a 27-minute flight on August 12 from Plattsburgh International Airport, powered entirely by batteries. Th…
Alibaba Group Holding is expected to accelerate cloud growth, expand operating margins, and achieve faster payback on AI investments, according to analysts, as the company reaches the halfway mark of …
Apple Inc.'s status as an anti-artificial intelligence play has become stock market baggage, with shares falling roughly 10% since a record close on July 28 amid a rotation back into AI winners. The s…
Workday shares surged 17.8% after reports that private equity firm Silver Lake held preliminary talks to acquire the enterprise software company, a deal that would be among the largest private equity …
Apple Inc. is still planning a glass-centric redesign for the 20th anniversary iPhone, according to Bloomberg's Mark Gurman, countering a Jefferies analyst report that the project was canceled due to …
Credo Technology Group reported fiscal 2026 fourth-quarter revenue of $437.0 million, up 157.0% year over year, and full-year revenue of $1.335 billion, up 205.7%, driven by sales of its AI data-cente…
Apple faces its highest number of 'sell' ratings since shortly after Steve Jobs' death, as Jefferies downgraded the stock to 'underperform' with a price target cut from $285.56 to $263.66, citing canc…
Enterprise AI inference costs hit a yearly low of $1.16–$1.18 per million tokens from August 6–8, down from $2.04 on May 31 and $1.45 in late July, according to data from investment bank Jefferies and…
Enterprise AI inference costs hit a 2026 low, with average prices ranging between US$1.16 and US$1.18 per million tokens from August 6 to 8, according to investment bank Jefferies, citing data from US…
JPMorgan raised its S&P 500 year-end target to 8,000 on August 10, 2026, up from 7,800, citing AI spending finally converting into revenue, and lifted its 2026 EPS forecast to $365 and 2027 to $420. S…
PJM Interconnection, operator of the largest U.S. electric grid serving 65 million people across 13 states and Washington, D.C., announced emergency proposals to fast-track power procurement and curb …
Arm Holdings forecast second-quarter revenue of $1.38 billion, above Wall Street's $1.34 billion estimate, driven by surging demand for its chip blueprints in AI data centers. The British chip designe…
Ionic Digital, a bitcoin miner turned AI infrastructure company, is set for a direct listing on Nasdaq under the ticker IOND on July 28 with a post-money valuation of approximately $2.4 billion, makin…
Fitch Ratings has identified rising vulnerability to an AI-related market correction as a key short-term credit risk, citing the scale of the AI investment boom and its profound effects on real econom…
The United States could face "massive capital destruction" from its artificial intelligence investment boom as Chinese open-source AI models increasingly challenge US hyperscalers, according to a Jeff…
Jefferies built an agentic AI trade assistant on AWS using Strands Agents, Amazon Bedrock, and the Model Context Protocol to give equities traders real-time natural-language access to trade data, FIX …
ServiceNow reported Q2 2026 revenue of $3.99 billion, up 24% year-over-year and above the $3.93 billion consensus, as its AI annual contract value crossed $1 billion for the first time with agentic de…