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News
Dell says data centers are becoming value creators, driving durable demand
1+ hour, 53+ min ago (826+ words) Dell Technologies Inc. (NYSE: DELL) stated that enterprises are increasingly treating data centers as strategic assets rather than operating expenses. This shift in mindset is supporting durable demand for both AI infrastructure and traditional server modernization. This projection marks a…...
CME to launch Nvidia compute futures on Oct 5 amid monopoly concerns
3+ hour, 27+ min ago (426+ words) CME Group is launching AI compute futures on Oct 5 to track Nvidia H100 and B200 rental prices. While aiming to create a hedging tool for AI infrastructure costs, the market faces skepticism due to Nvidia's monopolistic control over supply. This move coincides…...
AST SpaceMobile targets August launch for BlueBirds 11, 12, and 13
5+ hour, 49+ min ago (382+ words) AST SpaceMobile plans to launch BlueBird satellites 11, 12, and 13 in August to expand its space-based cellular broadband network. The new satellites are expected to nearly double the peak data speeds of the initial Block 1 satellites. The company has agreements with nearly…...
Magellanic Cloud incorporates UAV JV MCRAY XTEND
4+ hour, 16+ min ago (181+ words) How might Magellanic Cloud's 60% stake in MCRAY Xtend position it to compete for upcoming Indian defence contracts under the 'Make in India' initiative for UAV procurement? What are the potential revenue projections and timeline for MCRAY Xtend to achieve commercial-scale…...
UMC August 2026 sales rise 30.7% YoY to NT$25 billion
4+ hour, 1+ min ago (400+ words) United Microelectronics Corporation (NYSE: UMC, TWSE: 2303) reported unaudited net sales of NT$25,044,641 thousand for August 2026, marking a 30.71% year-over-year increase from NT$19,159,816 thousand in August 2025. The strong monthly performance contributed to robust year-to-date growth. Consolidated revenue for the January-August period reached…...
Keybanc raises Zscaler price target to $185
5+ hour, 1+ min ago (272+ words) Keybanc analyst Eric Heath maintained an Overweight rating on Zscaler and raised the price target to $185 from $176. Keybanc analyst Eric Heath has maintained an Overweight rating on Zscaler and raised the price target to $185. The adjustment increases the previous target…...
TCS HyperVault to invest up to Rs 70,000 crore for 1GW AI campus in Telangana
23+ hour, 44+ min ago (490+ words) Tata Consultancy Services subsidiary HyperVault has secured 264 acres in Hyderabad to develop a large-scale AI data center campus. The project aims for up to 1GW capacity with an investment of up to Rs 70,000 crore. The campus will serve frontier AI companies…...
Worth Investment & Trading appoints Deepika Mishra as secretarial auditor
19+ hour, 23+ min ago (567+ words) Worth Investment & Trading Company Limited approved the appointment of M/s. Deepika Mishra & Associates as its secretarial auditor for a five-year term during its board meeting on September 5, 2026. The Board also accepted the resignation of M/s. P V Chaudhari & Associates from…...
Innovative Ideals appoints Nishant Bajaj & Associates as secretarial auditor
22+ hour, 11+ min ago (325+ words) Innovative Ideals and Services (India) Ltd has appointed M/s. Nishant Bajaj & Associates as its secretarial auditor for the financial year 2025-26. The board approved the appointment on September 5, 2026, following the resignation of the previous auditor. The company disclosed that M/s. Prachi…...
M&M Financial Services retains ESG Leader rating of 76 for FY26
2+ day, 23+ hour ago (429+ words) Mahindra & Mahindra Financial Services Limited has retained its Environmental, Social and Governance (ESG) rating of 76 in the Leader category for FY26. The rating, assigned by NSE Sustainability Ratings and Analytics Limited, remains unchanged from FY25. The disclosure was made on September 3, 2026, under…...