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Thursday, April 25, 2024
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TSMC says ‘A16’ chipmaking tech to arrive in 2026, setting up showdown with Intel

By Stephen Nellis SANTA CLARA, California (Reuters) -Taiwan Semiconductor Manufacturing Co said on Wednesday that a new chip manufacturing technology called "A16" will enter production in the second

IBM to buy HashiCorp in $6.4 billion deal to expand in cloud

By Arsheeya Bajwa (Reuters) -International Business Machines will buy HashiCorp in a deal valued at $6.4 billion, the company said on Wednesday, expanding its cloud-based software products to tap into

Microsoft-backed Rubrik prices IPO above range at $32 per share, source says

By Echo Wang NEW YORK (Reuters) - Rubrik, the cybersecurity software startup that counts Microsoft among its investors, priced its initial public offering at $32 per share on Wednesday above its

Disappointing Meta forecast pulls down tech peers in extended trade

By Stephen Culp NEW YORK (Reuters) - Disappointing forecasts from Facebook parent Meta Platforms has proven contagious, sparking a sell-off in tech and tech-related stocks in after-hours trading. Meta

ServiceNow profit more than doubles on boost from AI-enabled software

By Akash Sriram (Reuters) -ServiceNow on Wednesday forecast second-quarter subscription revenue below market expectation as businesses spend cautiously in a tough economy, sending the cloud software

ServiceNow forecasts weak quarterly revenue as businesses trim spending

By Akash Sriram (Reuters) -ServiceNow on Wednesday forecast second-quarter subscription revenue below market expectation as businesses spend cautiously in a tough economy, sending the cloud software

Align Tech lifts annual sales forecast as teeth aligners power quarterly beat

(Reuters) - Align Technology on Wednesday raised its annual revenue growth forecast after topping Wall Street estimates for first-quarter profit, banking on resilient demand for its clear teeth

Meta forecasts higher AI spending and weaker revenue

By Katie Paul and Yuvraj Malik (Reuters) - Meta Platforms disappointed investors on Wednesday with forecasts of higher expenses and lighter than expected revenue, sending its shares tumbling as it

Lam Research forecasts quarterly revenue above estimates on AI chip boom

(Reuters) - Lam Research reported quarterly revenue above Wall Street expectations on Wednesday, as chipmakers ordered more of its equipment used to manufacture semiconductors for artificial

Tyler Technologies beats Q1 revenue estimates on strong demand for IT services

(Reuters) - Tyler Technologies beat Wall Street estimates for first-quarter revenue on Wednesday, helped by strong demand for its information technology services as enterprise clients are moving

On Camera

Rajkummar Rao must keep his chin up. Questions will be asked and he’s no victim

Rajkummar Rao now looks pretty much unrecognisable. It doesn’t take much to deduce that eyebrows will be raised, and questions will be asked about his face.

Kotak Mahindra Bank shares drop 10% after RBI bans it from taking new customers via digital channels

The private lender's shares tumbled to be top Nifty 50 loser after India's central bank barred it from taking on new customers through online and mobile banking channels.

Russia-Ukraine war a gold mine for US, British defence firms — sales rocket, stock prices soar

Such has been the growth in the defence sector that companies are spending billions of dollars on buying back their own shares with record number of orders in pipeline and counting.

These 6 states are key for Modi’s ‘400 paar’ target. They’re also where Opposition can stop him

While this contest looks so predictable in large swathes of our political landscape, it is also more keenly contested than 2019 in some states.