Megacap US technology stocks are sinking again along with hopes that this year’s selloff had reached the point of exhaustion.
Browsing: Investment
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.
Naspers-controlled technology investor Prosus has decided to exit its shareholding in Russian classifieds business Avito.
Chinese tech stocks tumbled as weak corporate earnings coupled with a dimming global growth outlook intensified selling.
Tencent’s revenue missed estimates after a sweeping government crackdown and Chinese economic malaise wiped out growth at the Internet behemoth.