HPE shares fall 6.4% after the company announced a $1.35 billion convertible preferred stock offering to fund the Juniper acquisition.
AI-DRIVEN
Baidu is struggling to shift from search advertising to lucrative AI markets, as its revenue declines amid China's economic challenges.
SAP SE announced a 25% increase in cloud revenue to $4.52 billion in the second quarter, driven by increased demand for AI applications.
TSMC raised revenue forecasts for the year after beating estimates, signalling continued strength in AI-driven market.
ASML's second quarter order intake surges to $6.1 billion, beating expectations on strong demand for AI-driven semiconductor manufacturing.
Hedge funds are shifting their focus on the South Korean market, viewing them as the next sound investment.
Global shipments of personal computers witnessed a notable recovery in the second quarter, marking a significant turnaround for the industry.
Wall Street has initiated bullish coverage on SoftBank-backed Tempus AI, forecasting growth driven by its AI-powered businesses.
Popular Posts
