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139 analyses
New agreement covers RF, WiFi, Bluetooth, and proprietary ASICs for multiple generations of products. Apple already represents 20% of Broadcom's revenue.
The Korean company reported 89.4 trillion won in preliminary profit for the second quarter, a 1,810% year-over-year increase, driven by demand for HBM memory in AI servers.
Kotak, ICICI Sec, Motilal Oswal, and JPMorgan have downgraded estimates for TCS, Infosys, HCL Tech, and Wipro in just four days, with price deflation linked to AI rising to 3.5% and the sector losing 46% of market value since 2024.
The combined market capitalizations of the five largest IT consulting firms in India fell 46% from historic peaks, wiping out approximately $185 billion in market value. TCS reports results on July 9; Infosys on July 23.
A Bloomberg report shows a monthly decline of 28,000 jobs in financial activities and information, the only brake within a U.S. market still creating 113,000 positions per month.
ServiceNow jumped nearly 10% and SAP closed up 2.16% on XETRA after reports that OpenAI's IPO is pushed to 2027. Workday and Datadog gained double digits.
The Hong Kong Stock Exchange raised $44 billion in IPOs, placements, and block trades in the first half of the year, an increase of 29% year-over-year, with CATL and Victory Giant leading the charge of issuers linked to the AI boom.
The annual report from the Bank for International Settlements published this Sunday lists the AI boom among the 'pressure points' that require attention, detailing the risk of circular financing between hyperscalers and labs.
The take-private of Clearwater Analytics concluded on June 25 at $24.55 per share, a 47% premium and a multiple close to 10 times ARR. Private equity continues to pay high prices for financial software with recurring revenue.
Change announced by S&P Dow Jones Indices takes effect on June 29 and closes a cycle: the Dow replaced a telecom incumbent with a platform whose largest revenue line did not exist in 2007.
By acquiring the startup founded by Chris Lattner, Qualcomm attempts to break the software lock that keeps four million developers dependent on Nvidia.
Maior fornecedora de HBM do mundo arquiva pedido para listar 17,79 milhões de ADRs em Nova York no dia 10 de julho, na segunda maior oferta de ações da história global.