Intel Corporation (NASDAQ: INTC) has defied expectations, with its stock surging 28% in February despite the absence of a permanent CEO. The surprising rally comes amid a leadership transition following the retirement of CEO Pat Gelsinger in December. While the company is currently under the interim leadership of Executive Chair Omar Ishrak and co-CEOs Michelle…
Cognizant Technology Solutions has announced a delay in its annual salary hikes, pushing them to August 2025, marking the second consecutive year of postponements. While employees will have to wait longer for raises, the company has assured that bonuses will be paid on time in March. Salary Hikes Pushed to August Traditionally, Cognizant rolls out…
Shares of Nvidia, Super Micro Computer, and Dell Technologies took a steep dive after Singaporean authorities launched an investigation into alleged fraudulent shipments of AI servers containing advanced Nvidia chips. The probe has raised concerns over potential violations of U.S. export controls, particularly if the technology was diverted to restricted markets like China. Stock Market…
Despite strict U.S. export controls aimed at restricting China’s access to advanced artificial intelligence (AI) chips, a growing black market is allowing Chinese companies to sidestep these restrictions. This underground trade network, often referred to as the “shadow circuit,” is fueling China’s technological advancements and raising concerns about the effectiveness of American sanctions. How China…
Palantir Technologies Inc. (NASDAQ: PLTR) is positioned to benefit from the U.S. government’s growing investment in artificial intelligence (AI). As federal agencies ramp up spending on AI-driven technologies, Palantir’s expertise in data analytics and machine learning is placing the company in a prime position to secure lucrative contracts and expand its influence in the public…
Two rising tech powerhouses, Shopify and Advanced Micro Devices (AMD), are gaining momentum, with analysts predicting they could outshine Palantir Technologies in the coming years. As Shopify continues its impressive growth in e-commerce solutions and AMD strengthens its hold on the semiconductor industry, experts believe these companies may soon leave Palantir behind. Shopify’s Rapid Expansion…
SoundHound AI, Inc. (NASDAQ: SOUN) saw its stock surge after reporting record-breaking fourth-quarter earnings, surpassing Wall Street expectations. The AI-driven voice technology company also raised its revenue forecast for 2025, sparking optimism among investors and analysts. Impressive Q4 Performance The company posted $34.5 million in Q4 revenue, a staggering 101% increase from the same period…
Jersey Oil & Gas (JOG), a UK-based independent oil company, is making big moves to expand its energy portfolio with strategic acquisitions and a renewed focus on revitalizing the Buchan oilfield. As the company eyes new assets and navigates the complexities of the UK’s regulatory landscape, it is positioning itself as a key player in…
Silchester International Investors, a UK-based asset management firm, has reduced its stake in Japan’s EXEO Group Inc., lowering its holdings from 9.26% to 8.25%, according to a recent regulatory filing. The move comes at a time when global markets are undergoing shifts, prompting investors to rebalance their portfolios. EXEO Group’s Role in the Market EXEO…
Intel Corporation (NASDAQ: INTC) is making waves in the semiconductor industry as it pushes forward with its foundry business. The company’s cutting-edge 18A process technology has caught the attention of tech giants like Nvidia and Broadcom, both of whom are now testing their chips using Intel’s advanced manufacturing capabilities. This marks a significant step forward…