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Asian shares sink, with Tokyo down nearly 5% as slumping AI stocks drag world markets lower
Associated Press48d agoneutral
Asian shares sink, with Tokyo down nearly 5% as slumping AI stocks drag world markets lower

Asian shares skidded Friday, with Tokyo’s Nikkei 225 down 5% as heavy selling of computer chipmakers and other AI-related shares dragged markets lower. Stocks related to artificial intelligence have been under pressure for weeks because of worries that their prices have shot too high and that voracious demand for computer memory and processors may not be sustainable if AI ends up not producing as much profit and productivity as promised. Oil prices surged as fighting in the Middle East intensified, while U.S. futures slipped.

Nokia (HLSE:NOKIA) Launches AI RAN Platform And Expands Taiwan Mobile 5G Deal
Simply Wall St.48d agoneutral
Nokia (HLSE:NOKIA) Launches AI RAN Platform And Expands Taiwan Mobile 5G Deal

Nokia Oyj has launched what it describes as the industry's first commercial AI-RAN platform, aimed at reshaping radio access network architecture with AI-driven control. The company has also expanded its 5G partnership with Taiwan Mobile to deploy AI-native mobile network capabilities across Taiwan. These moves are intended to increase network capacity, energy efficiency, and automation for telecom operators using Nokia solutions. Nokia Oyj, traded under HLSE:NOKIA, is pushing further into...

Norwegian Cruise Line Holdings (NCLH) Launches Adults Only Oceania Caribbean Itineraries
Simply Wall St.48d agoneutral
Norwegian Cruise Line Holdings (NCLH) Launches Adults Only Oceania Caribbean Itineraries

Oceania Cruises, part of Norwegian Cruise Line Holdings, has introduced new adults-only Caribbean itineraries. The itineraries feature immersive cultural and culinary experiences across its latest and refreshed ships. The move extends Norwegian Cruise Line Holdings' focus on premium, experience-led cruising beyond traditional family offerings. Norwegian Cruise Line Holdings (NYSE:NCLH) is leaning further into higher-touch, experience-focused cruising with these Oceania adults-only Caribbean...

Zoom Communications (ZM) Launches AI Receptionist, Is The Stock Still Undervalued?
Simply Wall St.48d agoneutral
Zoom Communications (ZM) Launches AI Receptionist, Is The Stock Still Undervalued?

Zoom Communications (ZM) is back in focus after launching its standalone AI-powered Zoom Virtual Agent Receptionist, a product that lets businesses add an automated front desk without overhauling existing phone systems. See our latest analysis for Zoom Communications. At a share price of $92.92, Zoom Communications has seen momentum build recently, with a 7 day share price return of 3.38% and a 1 year total shareholder return of 24.56%. However, the 5 year total shareholder return is down...

Hewlett Packard Enterprise (HPE) Deepens ScanSource Partnership With Juniper Portfolio
Insider Monkey48d agobullish
Hewlett Packard Enterprise (HPE) Deepens ScanSource Partnership With Juniper Portfolio

Hewlett Packard Enterprise Company (NYSE:HPE) is one of the best low priced technology stocks to invest in. On June 30, ScanSource, a technology distributor and channel services provider, announced an expanded partnership with Hewlett Packard Enterprise Company (NYSE:HPE) that now includes HPE Juniper Networking. The expansion broadens the distributor’s networking, cybersecurity, and AI-native enterprise solutions […]

Nebius (NBIS) Launches Asset Light AI Cloud Model Through Partner Data Centers
Simply Wall St.48d agoneutral
Nebius (NBIS) Launches Asset Light AI Cloud Model Through Partner Data Centers

Nebius Group (NasdaqGS:NBIS) has launched an asset light partnership model for its AI cloud platform. The structure lets infrastructure partners deploy Nebius technology in their own data centers. Initial partnership agreements are already in place, expanding potential AI capacity for customers. Nebius expects to earn fees, sharing agreements, and commissions from this model. Nebius Group operates in the AI cloud space, serving enterprises and AI first customers that need high performance...

Snowflake unveils $448 million pay plan for CEO tied to ambitious stock targets
Reuters49d agoneutral
Snowflake unveils $448 million pay plan for CEO tied to ambitious stock targets

Snowflake on Thursday unveiled a compensation package worth up to roughly $448 million for CEO ‌Sridhar Ramaswamy, hinging on the cloud-based data analytics ‌platform's market value almost doubling to $184 billion in seven years. Ramaswamy's award, ​totaling 1 million shares, is structured into five tranches, each with escalating stock price milestones, and is designed to retain him as CEO until September 15, 2030. Snowflake has been benefiting ‌from clients shifting ⁠their workloads to its cloud platform as they invest to develop AI tools.

Atlassian (TEAM) Launches AI Native Jira Tools For The Full Development Workflow
Simply Wall St.49d agoneutral
Atlassian (TEAM) Launches AI Native Jira Tools For The Full Development Workflow

Atlassian (NasdaqGS:TEAM) has introduced new AI native development features in Jira, including Teamwork Graph powered agent workflows. The company announced integrations with Claude Code, Cursor, and GitHub Copilot to connect Jira with popular AI coding tools. Updates to Jira for Slack and Loom are aimed at tying AI assisted development into everyday collaboration workflows. For investors watching enterprise software, Atlassian sits at the intersection of project management, collaboration,...

Cloudflare (NET) Launches Precursor To Take On More Sophisticated Bot Attacks
Simply Wall St.49d agoneutral
Cloudflare (NET) Launches Precursor To Take On More Sophisticated Bot Attacks

Cloudflare (NYSE:NET) has launched Precursor, a continuous behavioral validation engine for advanced bot management. Precursor focuses on real-time analysis of user sessions to distinguish between humans and sophisticated automated attacks. The product is designed to address growing automated bot traffic while aiming to protect user privacy more effectively than traditional CAPTCHAs. Cloudflare enters this launch with its stock at $273.04 and 3-year gains of about 3x, along with a 149.3%...

Sandisk (SNDK) Launches Fab2 With Kioxia As BiCS10 Sampling Begins
Simply Wall St.49d agoneutral
Sandisk (SNDK) Launches Fab2 With Kioxia As BiCS10 Sampling Begins

Sandisk and Kioxia have begun production at their new Fab2 facility in Japan, focused on next generation 3D flash memory. The partners have introduced their 10th generation 3D NAND technology, BiCS10, aimed at higher density and efficiency for AI and data workloads. Sandisk has started sampling BiCS10 products to customers, marking a new phase in its NAND roadmap execution. For investors watching NasdaqGS:SNDK, this move comes after an exceptional share price run, with the stock up 486.8%...

Capital One (COF) Unveils Up To $500 In Spark Business Travel Credits
Simply Wall St.49d agoneutral
Capital One (COF) Unveils Up To $500 In Spark Business Travel Credits

Capital One Financial (NYSE:COF) has introduced new travel credits for Spark Cash Plus and Spark Cash business cardholders. The credits are designed to be used on Capital One Business Travel bookings, adding a new benefit for business customers. This move links card rewards more directly to Capital One's business travel platform and could influence how companies manage travel spend. Capital One Financial, trading at around $208.89 per share, is adding this travel credit feature at a time...