GameStop shares jumped 21% on Monday after “Roaring Kitty” Keith Gill, the stocks influencer behind the 2021 retail trading frenzy, returned to Reddit with a post showing a $116 million bet on the embattled videogame retailer.
Infosys CEO Salil Parekh’s compensation rose 17.3% to 662.4 million rupees ($7.9 million) in fiscal year 2024, making him one of the highest paid Indian IT chiefs currently occupying office.
Cloud-based cybersecurity startup Netskope has crossed more than $500 million in annual recurring revenue and will focus on becoming profitable with no immediate plan to go public this year, its CEO told Reuters.
Arm Holdings aims to gain more than 50% of the Windows PC market in five years, the chip designer’s CEO said, as Microsoft and its hardware partners prepare to launch a new batch of computers based on the British firm’s technology.
ASML , the biggest maker of equipment used to manufacture semiconductors, said on Monday it has opened a test laboratory for its High NA EUV lithography equipment, together with Belgium chip research firm Imec.
Nvidia led global companies in market cap gains in May, buoyed by a stunning rally as its bumper revenue forecast reinforced investor confidence in the AI-driven surge in chip demand.
As the Paris Olympics fast approaches, summertime temperatures will only continue to get hotter, giving athletes additional challenges as they seek to bring home medals.
Microsoft has not seen significant use of artificial intelligence in the European Parliamentary elections for creating disinformation campaigns, the company’s president told Reuters in an interview.
Spotify raised prices for its premium plans in the United States on Monday, the latest step by the Swedish music-streaming service in its push to increase margins.
Poland will spend over 3 billion zlotys ($760 million) to boost cybersecurity, the digitalisation minister said on Monday, after state news agency PAP was hit by what authorities say was likely a Russian cyberattack.
