Intel’s new chip plant, Fab 29, near Magdeburg, Germany, is set to be one of the most advanced factories in Europe once it goes online by the end of the decade. However, the project has faced some challenges, including delays in subsidy approvals and obstacles due to environmental concerns. Despite these setbacks, Intel has received … Read more
Out of hours stock movements saw Intel rise by 0.7%, following a 6% intraday gain, which analysts attributed to short-covering in semi-truck markets. Helios Technologies, on the other hand, experienced a 7% drop after its chief executive was placed on paid leave due to alleged violations of the company’s Code of Business Conduct and Ethics. … Read more
:max_bytes(150000):strip_icc()/GettyImages-1670843476-b962d443647d4379990e46dfe39809c3.jpg?w=1500&resize=1500,1000&ssl=1 "Current Top Stocks Making Moves: Intel, Corning, SolarEdge, and Others")
Today, some of the top stocks that are on the rise include Intel, Corning, SolarEdge, and more. These companies have experienced an increase in their stock prices, making them attractive options for investors looking to capitalize on the market trends. Intel, a technology company known for its microprocessors, has seen a surge in its stock … Read more
Former U.S. House Speaker Nancy Pelosi is making strategic investments in the semiconductor and artificial intelligence sectors, increasing her stakes in Broadcom Inc. and Nvidia Corp. Pelosi recently purchased call options in Broadcom and bought shares in Nvidia, aligning her portfolio with the rapid advances in AI and technology. Her investment in Broadcom comes after … Read more
US stock futures were mixed on Tuesday following a decline in semiconductor manufacturers that brought markets down in the previous session. The Dow Jones Industrial Average futures dropped slightly, while S&P 500 contracts edged up and Nasdaq 100 futures saw a slight increase. Chip stocks, which have been a major driver of the S&P’s growth … Read more
Oracle solutions like Pyth Network play a crucial role in bridging the gap between blockchain and real-life data sources, enhancing the functionality of smart contracts. Pyth, a leading player in this space, has been making significant strides in expanding its market presence and challenging industry giant Chainlink. Pyth Network’s advanced protocol connects blockchain applications with … Read more
Xerox has announced plans to migrate its legacy data center workloads to Microsoft Azure. This move is part of the company’s efforts to modernize its infrastructure and improve efficiency. By leveraging Azure’s cloud capabilities, Xerox aims to optimize its operations and better serve its customers. The migration process is expected to streamline the company’s IT … Read more
On Friday, the Nasdaq Composite outperformed the S&P 500 and the Dow Jones Industrial Average, with a 0.2% increase compared to the flat performance of the S&P 500 and a slight 10-point drop for the Dow. It’s a volatile day for the market, with only a small number of S&P 500 stocks expected to rise. … Read more
Australia’s Computershare has successfully migrated 24,000 virtual machines to Nutanix AHV within a year, as revealed by CTO Kevin O’Connor during a panel session at Nutanix’s Next conference in Barcelona. O’Connor explained that the decision to switch to Nutanix was prompted by a significant price increase from the company’s previous VM provider. Despite initial hesitations, … Read more
Ola CEO, Bhavish Aggarwal, announced that the company has shifted its workload from Microsoft Azure to its own Krutrim cloud. This move comes after Aggarwal had previously stated that Ola would no longer be using Microsoft Azure’s services. In a tweet, he confirmed that all workloads are now on the Krutrim cloud and that the … Read more