The DocuSign stock price retreated by over 6% after the market closed on Thursday, following the release of its third-quarter financial results. It fell to $66.50, down from the regular session high of $72.35, and 35% below its highest level in December last year. DocuSign growth has stalled DocuSign, a company that thrived during the
Micron Technology announced on Wednesday that it will wind down its Crucial consumer memory business by February 2026. The company says that it is planning to prioritize high-bandwidth memory (HBM) for AI data centers, a strategic pivot that could squeeze retail RAM and SSD supplies just as global demand explodes. This move marks the end
The European Union is preparing to launch an investigation into how Meta Platforms Inc. integrated artificial intelligence features into WhatsApp, marking the latest escalation in the bloc’s scrutiny of major US technology companies. According to a report by the Financial Times, the European Commission is expected to open the probe in the coming days, focusing
Salesforce Inc. gave a stronger‑than‑expected revenue forecast for the current quarter, signalling that customers are beginning to spend more on its Agentforce artificial intelligence tools even as investors remain wary about the long‑term impact of AI on legacy software makers. The shares rose about 8% in late trading after the company’s outlook and third‑quarter results
The global economy is heading into a period of its weakest expansion since the pandemic, but both Fitch Ratings and the OECD say the outlook is slightly more resilient than previously feared, helped along by a powerful surge in artificial intelligence–related investment that is offsetting the adverse impacts of import tariffs imposed by the US.
PayPal stock price has been a top laggard in the past few years, with any attempts to rebound facing substantial resistance. PYPL was trading at $61.25 on Thursday, down by 35% from its highest point this year. So, is PayPal a bargain or a value trap? PayPal’s growth has stalled, and challenges are rising PayPal,
Dow futures pointed higher on Thursday, as they edged over 60 points with the investors looking hopeful about another rate cut by the Federal Reserve. The futures tied to other Wall Street indices also gained as S&P futures were trading 0.09% up, while Nasdaq futures were 0.13% up at press time. Easing Treasury yields, softer
Snowflake stock (NYSE: SNOW) continued its plunge in the pre-market trading on Thursday, after delivering a textbook “beat-and-drop” performance on Wednesday night. The 8% pre-market drop came after the company posted its third-quarter results that comfortably topped Wall Street estimates yet failed to satisfy a market hungry for perfection. The data-cloud giant reported revenue of
Cambricon Technologies Corp. is preparing a major production increase for 2026 as China’s artificial intelligence hardware sector accelerates efforts to replace Nvidia Corp.’s technology. According to a Bloomberg report, the Beijing-based chip designer plans to more than triple its output next year, aiming to take market share from Huawei Technologies Co. and meet rising domestic
Alphabet’s growing focus on its own AI chips is changing how investors view the race for leadership in the semiconductor industry, a Bloomberg report said on Thursday. What began as an internal effort to support Google’s AI models and cloud workloads is now shaping expectations across the wider market. The company’s tensor processing unit chips