Rackspace Technology Names Gajen Kandiah Chief Executive Officer

TradingKey - According to the latest reports, the second round of US-Iran negotiations remains inconclusive. The U.S. plans to dispatch negotiators to Pakistan this Saturday (April 25), but Iran has stated it has no intention of meeting directly with U.S. officials. Currently, Pakistan's Chief of Army Staff Asim Munir has held a meeting with Iranian Foreign Minister Abbas Araghchi in Islamabad.

TradingKey - According to Bloomberg, Google will invest $10 billion in AI startup Anthropic, with a potential additional $30 billion in the future to strengthen their partnership. Under the agreement, Google Cloud will provide Anthropic with 5 gigawatts (GW) of computing power over the next five yea

TradingKey - On Friday, April 24 (ET), Intel (INTC) closed up 23.6%, marking its best single-day performance since October 1987. Nvidia (NVDA) shares closed up 4.32% at $208.27, breaking the previous record set on October 29, with its closing market capitalization surpassing $5 trillion.

TradingKey - On April 23, the Philadelphia Semiconductor Index broke through the 10,000-point milestone, marking its longest-ever winning streak at 17 consecutive sessions, with a cumulative gain of over 41%. Since the conflict began on February 28, the index has surged by 24%. Over the past 20 trading days, Credo Technology led the constituent stocks with a peak cumulative gain of 78.56%, while ASML was the laggard with a cumulative increase of 1.72%. During the same period, Marvell Technology recorded a cumulative gain of 68.25%, Intel rose 4.15%, AMD surged 38.62%, Broadcom climbed 31.72%, Micron gained 26.13%, NVIDIA rose 11.73%, and TSMC added 10.04%.

TradingKey - As of late 2025, Nebius has become perhaps the most highly correlated stock with one of the leading sectors within the AI sector: InfrastructuRecent numbers provide clear evidence of this growth:  Quarterly revenue grew 355% compared to the same quarter last year, total revenue for 2020