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Keywords: Technology sector
Cognizant Technology Solutions has issued a cautious revenue forecast for the coming quarter, signaling continued pressure on corporate technology spending as businesses remain selective about new investments. The IT services provider said Wednesday that third-quarter revenue is expected to fall between......
Apple has once again become the world’s most valuable publicly traded company, overtaking Nvidia after a sharp decline in the chipmaker’s market value. The shift highlights changing investor sentiment toward artificial intelligence spending and the long-term prospects of the technology sector. Apple’s......
Chinese artificial intelligence startup DeepSeek has reportedly informed potential investors that it is putting its second fundraising round on hold, according to a report by Bloomberg News citing people familiar with the matter. The company’s decision to suspend the planned investment process......
Amazon is restructuring parts of its artificial intelligence operations, reducing staff within its artificial general intelligence division as the technology sector becomes increasingly competitive and companies reassess how they allocate resources. The company said the workforce changes are part of......
Intel is preparing another round of workforce reductions as the US semiconductor giant moves forward with a broad restructuring aimed at improving efficiency and strengthening its competitive position in the technology sector. The latest cuts are expected to affect the company’s data center division,......
ASML, the world's leading manufacturer of semiconductor lithography equipment, is preparing a new employee retention initiative that would grant eligible staff a bonus valued at €20,000 for remaining with the company between 2027 and 2030. The Dutch technology group confirmed the proposal after......
European stock markets opened the week with mixed performance as investors remained cautious following heightened geopolitical tensions in the Middle East. Concerns over the impact of regional instability on global trade, energy markets, and inflation contributed to a subdued trading environment across......
Global equity markets recorded their strongest wave of capital inflows in more than a year and a half, reflecting growing investor confidence amid signs of easing geopolitical tensions and improving prospects for the global economy. Investor sentiment strengthened significantly following diplomatic......
Global consultancy giant Accenture has announced a major expansion of its cybersecurity capabilities through a $4.18 billion deal involving the acquisition of leading security firms Dragos, runZero, and NetRise. Under the agreement, Accenture will take a majority stake in Dragos, a company known for......