Keywords: Technology sector
Shares of Micron Technology surged sharply after financial analysts at UBS significantly increased their target price for the company’s stock. The upgrade reflects growing optimism surrounding the global artificial intelligence industry and the rising demand for advanced memory chips. The semiconductor......
Global companies operating in India are reassessing their recruitment strategies as artificial intelligence rapidly transforms the skills required across industries. Executives from multinational firms and Global Capability Centers (GCCs) say companies are becoming more selective in hiring, with increasing......
Shares of Delivery Hero climbed sharply on Monday after reports emerged that Uber had submitted an indicative acquisition proposal for the German-based delivery group. The news pushed Delivery Hero’s stock price to its highest level in approximately eighteen months, reflecting growing investor......
The rapid expansion of artificial intelligence is fueling a sharp increase in U.S. corporate financing activity, particularly in the convertible bond market, where companies are raising record levels of capital. Convertible bonds, which can be converted into company shares under certain conditions,......
A major strike is expected to begin on Thursday at Samsung Electronics in South Korea after negotiations between management and labor unions failed over salary increases and profit-sharing linked to the artificial intelligence boom. Union organizations announced that the strike could last from 21 May......
Cisco Systems, Inc. Cisco Systems saw a significant rise in its stock price after announcing an optimistic revenue forecast and a strategic shift focused on artificial intelligence. The company’s shares jumped sharply in premarket trading following investor reaction to its updated financial outlook. The......
Alibaba Group reported a rise in quarterly revenue, driven by strong performance in its cloud computing and artificial intelligence divisions, alongside steady growth in its e-commerce operations. The Chinese technology giant posted a 3% increase in revenue for the fourth quarter, supported by expanding......
Software company Rave has filed an antitrust lawsuit against Apple Inc, accusing the technology giant of removing its video-sharing application from the App Store after launching a competing feature. The case, filed in a U.S. federal court in New Jersey, alleges that Apple engaged in anti-competitive......
New unemployment claims in the United States increased slightly last week but remained lower than economists had expected, suggesting that the American labor market continues to show resilience despite economic uncertainty and layoffs in some industries. According to data released by the U.S. Labor......
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