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The Hang Seng Index fell 0.5% to around 22,822 on Friday, extending losses after Thursday’s sharp sell-off as persistent weakness in technology shares weighed on sentiment. Concerns over the scale and financing of artificial intelligence investment continued to pressure global tech stocks, following a steep overnight d
Reuters Breakingviews says Legend Holdings' 31% stake in Lenovo has more than tripled to $17 billion this year as the AI boom lifts the PC-and-server maker. The column says Legend trades at a large discount to net asset value and is exploring a sale of its 90% stake in Banque Internationale à Luxembourg.
Akamai Technologies Inc. (NASDAQ: AKAM ) stock surged about 21% in Friday premarket trading after the company expanded its partnership with Anthropic through an $11.6 billion cloud commitment. Akamai also disclosed new agreements with Lenovo and Jabil Inc. (NYSE: JBL ). Anthropic Commits $11.6 Billion On Thursday, Akam
HIVE Digital Technologies (NASDAQ: HIVE ) held its first-quarter earnings conference call on Monday. Below is the complete transcript from the call. This content is powered APIs. For comprehensive financial data and transcripts, visit View the webcast at Summary HIVE Digital Technologies reported a 73% year-over-year r
Dell reported adjusted EPS of $7.04 on revenue of $46.97 billion, both above estimates, and raised full-year fiscal 2027 guidance as AI server orders hit a record $60.9 billion.
The Hang Seng Index rises 1.5%, or 375 points, to 25,490 on Monday, with technology shares leading the recovery after four straight sessions of declines.
Lenovo reports strong earnings driven by AI, shares reach record high. The company's revenue and profit exceeded expectations.
Lenovo's earnings beat expectations driven by AI server demand, boosting shares to a record high. This may indicate a positive trend for tech stocks.