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Tech News
/ 2 months agoCoreWeave shares drop as growing losses eclipse AI demand surge
CoreWeave shares sank 10% in premarket trading on Wednesday after the Nvidia-backed company posted a bigger-than-expected loss, raising doubts about its...
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Tech News
/ 2 months agoStandard Chartered lifts year-end ether forecast to $7,500
Standard Chartered raised its year-end target for ether to $7,500 from $4,000 on Wednesday, citing improvement in industry engagement in recent...
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Tech News
/ 2 months agoJust in time? Manufacturers turn to AI to weather tariff storm
Manufacturers like U.S. lawnmower maker The Toro Company are not panicking at the prospect of U.S. President Donald Trump’s global trade...
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Tech News
/ 2 months agoExclusive: US embeds trackers in AI chip shipments to catch diversions to China, sources say
U.S. authorities have secretly placed location tracking devices in targeted shipments of advanced chips they see as being at high risk...
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Tech News
/ 2 months agoNordic Semiconductor shares hit two-year high on strong results and Q3 guidance
Norwegian chipmaker Nordic Semiconductor on Wednesday reported consensus-beating second-quarter results and gave a revenue guidance above market expectations for the third...
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Tech News
/ 2 months agoChina’s Tencent revenue grows 15% in Q2 on strong gaming performance
Tencent reported second-quarter revenue growth of 15% on Wednesday, driven by robust gaming performance and AI-powered business expansion.Read More
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Tech News
/ 2 months agoInsurance software firm Sapiens to be bought by Advent for $2.5 billion
Israeli software provider Sapiens International said on Wednesday that it will be acquired by Advent International for $2.5 billion in cash,...
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Tech News
/ 2 months agoCoinDesk owner Bullish prices IPO above range to raise over $1.1 billion
Bullish, a cryptocurrency exchange operator that counts billionaire Peter Thiel amongst its backers, said its U.S. initial public offering was priced...
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Tech News
/ 2 months agoSoftware firm Sapiens to be acquired by Advent for $2.5 billion
Israeli software company Sapiens International said on Wednesday that it will be acquired by private equity firm Advent for $2.5 billion...
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Tech News
/ 2 months agoAustralia’s Tyro Payments confirms takeover interest from separate parties; shares rally
Tyro Payments said on Wednesday it has received takeover approaches from multiple parties in recent months, moving to clarify speculation after...