Analysis

IBM (NYSE: IBM) today announced its intent to acquire Accelalpha, a global Oracle services provider with deep expertise helping clients digitize core business operations and accelerate adoption of Oracle Cloud Applications.

New capabilities and simple, standard site experience cut trial time and expense Fixed price implementation to get up and running quickly Industry advances to connected trials as

Investing.com - Broadcom on Thursday lifted its guidance on annual artificial intelligence revenue after reporting third-quarter results that beat analysts' forecasts supported by strength in an AI-product revenue and strong performance from VMWare. 

U.S. equities were mixed at the close on Thursday, as gains in the Consumer Services, Consumer Goods and Technology sectors propelled shares higher while losses in the Healthcare, Industrials and Financials sectors led shares lower.

The U.S. presidential election is an important event that affects global financial markets, with its influence reaching far beyond U.S. borders into the economies of emerging markets (EMs). 

Investing.com -- US Steel plunged on Wednesday after the Washington Post reported, citing unnamed sources, that President Joe Biden is set to block the U.S. steel maker's $14.9B merger with Japan's Nippon Steel amid national security concerns. 

Fortive unveiled plans to execute a tax-free spin-off of its Precision Technologies segment, resulting in two independent, publicly traded companies. This strategic move is intended to establish businesses with concentrated business models and distinct investment and capital allocation strategies.

Alibaba International Digital Commerce Group ("Alibaba International") today concluded its Global E-commerce Challenge (GEC) 2024 with a global finals event in Hangzhou, China, spotlighting exceptional young innovators worldwide.

U.S. equity futures indicated a lower opening after the S&P 500 lost more than 2.1% on Tuesday with the Information Technology and Energy sectors leading the downturn. 

Nvidia (NASDAQ:NVDA)'s Chief Executive Jensen Huang is pushing the company's strategy to become a comprehensive provider of data center components, including software, networking technology, and design services, aiming to cement its position as a leader in the artificial intelligence (AI) sector.

Tesla (NASDAQ:TSLA) is set to produce a new six-seat version of its Model Y vehicle, targeting a launch in China by late 2025, Reuters reported Tuesday.

Investing.com-- Intel Corporation (NASDAQ:INTC) is considering options to weather a historic slump, which include potentially splitting off its foundry business and scrapping plans for new factories, Bloomberg reported on Thursday.

SHANGHAI, Aug. 30, 2024 /PRNewswire/ -- Cango Inc. (NYSE: CANG) ("Cango" or the "Company"), a leading automotive transaction service platform in China, today announced its unaudited financial results for the second quarter of 2024.

 Infosys today announced the expansion of its collaboration with NVIDIA for AI-powered, customer-centric solutions to drive innovation and operational excellence for telcos.

The Nvidia-fueled tech rally is likely to slow and turn volatile as economic headwinds and chip regulation weigh, but the sun isn't likely to set on the AI theme anytime soon.   

Wall Street is seen trading in tight ranges Thursday ahead of more labor macro data, a speech by Vice President Kamala Harris and, perhaps more importantly, the start of the Jackson Hole symposium on Friday. 

Investing.com--Apple was seen ordering components for a much higher number of iPhones than last year, the Nikkei reported on Thursday, as the technology giant prepared for an artificial intelligence-driven boost to sales.

OpenAI, the company behind the widely-used ChatGPT, is reportedly in the midst of negotiations to secure a multi-billion dollar investment that could propel its valuation to over $100 billion.

U.S. equities were lower at the close on Wednesday, as losses in the Technology, Consumer Services and Oil&Gas sectors propelled shares lower.

NVIDIA Corporation (NASDAQ:NVDA) fell more than 4% in afterhours following the report.