Browsing Tag
AI Impact
5 posts
NetApp Surpasses Earnings Estimates but Stock Falls Amid Economic Concerns
NetApp (NTAP) reported better-than-expected earnings for its fiscal first quarter, yet its stock plunged nearly 10% on Thursday,…
Asian Firms’ Earnings Outlook Boosted by Semiconductor Boom and AI Surge
The earnings outlook for Asian companies has experienced a significant uplift, driven largely by the semiconductor sector’s boom…
Klarna to Slash Workforce by Half, Citing AI Efficiency Gains
Klarna, the prominent buy now, pay later firm, has announced plans to significantly reduce its workforce, aiming to…
Cisco Faces Low Expectations for Fiscal Q4 Earnings Amid 2024 Stock Decline
Cisco Systems (CSCO) is set to release its fiscal fourth-quarter earnings report on August 14, 2024, with investors…
AI Will Generate New Job Opportunities, Not Job Losses: Indian Labour Minister Mansukh Mandaviya
In a recent statement to Parliament, Labour Minister Mansukh Mandaviya assured that artificial intelligence (AI) will not result…
