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US stocks moved higher on Wednesday as investors piled back into semiconductor shares ahead of highly anticipated quarterly results from chip giant Nvidia, while easing Treasury yields and lower oil…

Intuit is laying off around 3,000 employees globally, or roughly 17% of its workforce, as the software company restructures operations and intensifies its focus on artificial intelligence initiatives.The job cuts…

Shares of Marvell Technology (MRVL) surged on Wednesday as Wall Street analysts raised price targets ahead of the chipmaker’s upcoming quarterly earnings report, citing accelerating demand for artificial intelligence infrastructure…

Software stocks rallied sharply on Tuesday, extending a rebound in a sector that had come under intense pressure this year amid concerns that artificial-intelligence agents could threaten traditional enterprise software…

India’s power demand has surged to fresh records this week as a brutal heatwave grips much of the country, pushing electricity consumption to levels never seen before. Bloomberg reported that peak…

Shares of Tesla (TSLA) continued to decline Tuesday, falling below the $400 mark as investors reassessed the company’s pricing strategy and broader growth outlook.The stock dropped 3.5% to around $395.25…

Shares of Sandisk (SNDK) fell 1.5% on Tuesday even as Citi Research sharply raised its price target on the flash memory company, citing accelerating demand for NAND storage tied to…

Europe’s soaring electricity prices are threatening its ambitions to compete with the US and China in artificial intelligence, as power-hungry data centers face mounting costs and investors increasingly look elsewhere,…

Shares of Intel (INTC) fell 2% on Monday, extending the stock’s losing streak to a fifth consecutive session after a sharp pullback late last week. However, the stock recovered and was…