technology sector News

EU Threatens to Escalate Trade War with US, Targeting Services and Tech Sector

European Commission President Ursula von der Leyen warns of the EU's readiness to expand the trade war with the US into services and technology sectors, highlighting potential reta...

Hewlett Packard Enterprise Reports a 16% Surge in Q1 Revenue, Reaching $7.9 Billion

Hewlett Packard Enterprise announced a 16% increase in Q1 revenue for fiscal year 2025, reaching $7.9 billion. This growth highlights the company's strong performance and strategic...

US Job Market Sees Sharp Rise in January Cuts, Tech Sector Hit Hardest

The U.S. job market faced a sharp rise in cuts in January, with the tech sector seeing a 128% increase due to AI integration. Despite this, hiring intentions were announced, though...

Holiday Shopping Boosts US Markets: Dow Surges Over 200 Points

US stock markets see significant gains as major indices surge, driven by holiday shopping optimism and technology sector growth, particularly in the semiconductor industry.

US Congress Moves to Tighten Investment Restrictions in China Amid National Security Concerns

US Congress is set to vote on legislation restricting US investments in China, expanding on earlier Treasury rules and introducing additional measures to address national security ...

US Markets Dip Ahead of Fed Policy Decision and Builder Confidence Decline

US stock market indexes closed lower on Tuesday as investors awaited the Federal Reserve's latest monetary policy decision and assessed the impact of declining builder confidence. ...

South Korea's Export Surge Defies Martial Law: A Closer Look

South Korea's exports surged by 12.4% in early December, driven by significant rises in semiconductor and computer peripheral exports, despite martial law. The Ministry of Trade, I...