The sharp drop in US stocks in October erased all the gains made earlier in the month, with tech heavyweights leading the sell-off. The S&P 500 ended down 1.9 percent, while the Nasdaq Composite closed 2.8 percent lower on the final trading day of the month. Big Tech companies like Microsoft and Meta experienced significant … Read more
“ Saudi Arabia will be hosting top figures from the finance and technology sectors next week in a significant test of investor interest in the kingdom’s efforts to position itself as a global hub amidst escalating regional conflicts. International executives will be navigating through a region marked by geopolitical tensions, including the looming possibility of … Read more
Xhesika Malecaj and Jason Paulino, recent graduates of the Marcy Lab School in Brooklyn, share their stories and experiences with the innovative one-year program. This program serves as an alternative to traditional college for low-income students interested in coding and tech careers. Xhesika and Jason talk about what led them to Marcy Lab School after … Read more
“ Should the future of our society be determined by the leaders of major tech companies? According to Nobel economics prize winner Simon Johnson, giving too much power to a small group of billionaires will come at the expense of the public interest. The British-American economist, who teaches at MIT, also emphasized that the advancement … Read more
Tyler Technologies Inc. (NYSE: TYL) has maintained its Neutral rating with a price target of $550.00 at DA Davidson. Despite slightly missing revenue expectations, the technology firm exceeded forecasts for Non-GAAP earnings per share (EPS). The company experienced an 8% year-over-year increase in third-quarter bookings, totaling $586 million. Over the past twelve months, Tyler Tech’s … Read more
U.S. stocks experienced a decline on Wednesday, extending the losing streak on Wall Street to three days as the market grappled with rising Treasury yields and disappointing earnings. However, after hours, Tesla’s stocks saw a surge following a better-than-expected earnings report, rising by more than 9%. Tesla announced plans to begin production on more affordable … Read more
The adoption of AI in Europe’s biggest companies is starting to gain momentum, with industries like automotive, finance, and pharmaceuticals leading the charge. Companies like Volkswagen, Shell, and Roche Group are embracing AI to improve their operations and drive innovation. However, there is still a significant gap between European companies and their American counterparts when … Read more
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