Billionaire Elon Musk has been sued by Twitter investors claiming he manipulated the company’s stock price downward.
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It’s only six months since Nvidia was being hailed as Wall Street’s next $1-trillion technology stock. The memory now seems distant.
Reunert has increased its interim dividend by 7% to 75c/share, despite tough trading conditions that saw it eke out a 1% year-on-year improvement in headline earnings per share.
Megacap US technology stocks are sinking again along with hopes that this year’s selloff had reached the point of exhaustion.
Until recently, Tesla was considered the ultimate growth stock, rising 50% last year and closing at $1 145 on 4 April. No longer.
Following the death last week of Mustek founder and CEO David Kan, the company has appointed long-serving MD Hein Engelbrecht as its interim CEO.
As part of an effort to unlock shareholder value, Datatec is in talks about a potential transaction involving its Analysys Mason subsidiary.
Zoom Video Communications projected sales and profit for the current quarter that topped Wall Street’s estimates.
Technology entrepreneur Michael Dell once again finds himself at the centre of one of his industry’s biggest deals.
Tencent CEO Pony Ma shared a viral opinion piece slamming China’s weakening economy under stringent Covid Zero measures.