Cloud Migration

Business

Western Digital Posts Strong Q2 Growth, Bolsters Future with Long-Term Deals Amid AI Storage Surge

Western Digital Corp (WDC) announced a robust 25% year-over-year revenue increase for its fiscal second quarter of 2026, driven by strategic long-term agreements and a favorable product mix. While consumer segment challenges persist, the company is positioning itself to capitalize on the burgeoning data storage demands from artificial intelligence.

Jan 30, 2026

Business

ECB Holds Steady Amid Dollar Weakness and Lingering Trade Tensions

As the European Central Bank prepares for its February meeting, policymakers are navigating a stronger euro driven by a weakening dollar and geopolitical uncertainty, while assessing the resilience of the eurozone economy.

Jan 30, 2026

Business

DXC Technology Charts AI-Driven Path Amid Revenue Headwinds, Eyes Long-Term Value

Despite a 4.3% year-over-year revenue decline in Q3 FY2026, DXC Technology outlines a strategic pivot, leveraging its legacy systems and AI to build scalable IP and shift toward value-based pricing models.

Jan 30, 2026

Business

Viavi Solutions Stock Soars to 22-Year High After Announcing Cost-Cutting Restructuring Plan

Shares of communications testing firm Viavi Solutions surged over 17% to a level not seen since 2002, as investors cheered a new restructuring initiative aimed at saving $30 million annually, despite the company posting a quarterly net loss.

Jan 30, 2026

Business

Blackstone Explores Sale of Interplex's ICT Unit in Potential $1 Billion-Plus Deal

Blackstone Inc. is weighing a sale of Interplex's information and communications technology business, with early-stage talks suggesting a valuation exceeding $1 billion, sources familiar with the matter said.

Jan 30, 2026

Business

Tesla's Q4 Results Spark Investor Dilemma: Short-Term Pain Versus AI-Driven Future

Tesla shares face pressure following mixed quarterly results, as surging software subscriptions and ambitious Robotaxi plans clash with declining automotive revenue and soaring capital expenditures.

Jan 30, 2026

Business

SAP Shares Hit 52-Week Low as AI Disruption Fears Rattle Software Sector

SAP SE's stock plunged to a yearly low following a cautious sector outlook from JPMorgan, which highlighted AI's potential to disrupt traditional SaaS business models, despite the company reporting robust annual earnings.

Jan 30, 2026

Business

Microsoft Shares Tumble 10% as Investors Balk at Heavy AI Spending, OpenAI Exposure

Microsoft's stock faced its steepest single-day drop in months, closing down 10% despite posting strong quarterly earnings. The sell-off was driven by investor concerns over surging capital expenditures and the company's significant financial ties to OpenAI.

Jan 30, 2026

Business

DXC Technology Charts Dual-Track Future: AI Push Gains Traction Amid Revenue Headwinds

DXC Technology's latest earnings reveal a company in transition, betting big on 'AI-native' products to offset declines in its legacy IT services. While revenue dipped, improved bookings and a strong cash position signal cautious optimism for its strategic pivot.

Jan 30, 2026

World

Panama's Top Court Strikes Down CK Hutchison Port Deals, Casting Uncertainty Over Canal Terminals

Panama's Supreme Court has nullified long-held port contracts operated by a CK Hutchison subsidiary, declaring them unconstitutional. The landmark ruling throws the future of key container terminals at both ends of the Panama Canal into doubt and reverberates amid broader geopolitical tensions over global trade chokepoints.

Jan 30, 2026

Business

Tech Jitters, Gold Retreat Rattle Asian Markets as Geopolitical Tensions Simmer

Asian equities faced broad declines Friday, pressured by renewed investor skepticism over the AI investment boom and a sharp pullback in precious metals. The sell-off unfolded against a backdrop of easing oil prices and persistent geopolitical uncertainties.

Jan 30, 2026

Business

Microsoft's $625 Billion Backlog Signals AI Boom, But Investors Urged to Look Beyond the Headline

Microsoft's commercial contracted backlog more than doubled year-over-year to $625 billion, fueled by AI demand. However, a closer look reveals customer concentration risks, slower near-term revenue conversion, and soaring capital expenditures that temper the bullish narrative.

Jan 30, 2026

Business

OpenAI's $100B+ Funding Round Draws Tech Titans Amazon, Microsoft, Nvidia

As OpenAI accelerates toward a potential year-end IPO, Amazon, Microsoft, and Nvidia are in advanced talks to lead a funding round that could exceed $100 billion, reshaping the AI industry's financial and competitive landscape.

Jan 30, 2026

Business

Asian Markets Retreat as Wall Street's Wild Ride Casts a Shadow

Asian equities broadly declined on Friday, taking cues from a volatile U.S. session marked by a historic plunge in Microsoft shares. The sell-off extended to commodities, with oil and precious metals also losing ground.

Jan 30, 2026

Business

Markets on Edge: Bitcoin Plunges 7%, Stocks Mixed as Trump Teases Fed Pick and Shutdown Deal

Asian markets opened to a volatile session Friday, with Bitcoin leading a sharp crypto sell-off and stocks swinging as traders weighed President Trump's signals on a key Fed nomination and a deal to avert a government shutdown.

Jan 30, 2026

Business

Trump Poised to Name Kevin Warsh as Next Federal Reserve Chair, Sources Say

President Trump is preparing to nominate former Fed Governor Kevin Warsh to lead the central bank, according to people familiar with the discussions, a move that triggered immediate market reactions as investors assessed the potential policy shift.

Jan 30, 2026

Business

Viavi Solutions Shares Surge on Blowout Earnings, Upbeat AI and Defense Outlook

Shares of Viavi Solutions soared over 17% after the network test and measurement company posted fiscal Q2 results that smashed analyst expectations, fueled by robust demand from data center and aerospace clients.

Jan 30, 2026

Business

Western Digital's AI Storage Ambitions Face Earnings, Innovation Day Test

As Western Digital prepares to report its fiscal Q2 2026 results and host a key Innovation Day, investors are watching to see if the company's product roadmap and market commentary can justify its soaring stock price and meet burgeoning AI-driven storage demand.

Jan 30, 2026

Business

AI Data Surge Fuels Western Digital's Strong Q2, Drives High-Capacity Storage Demand

Western Digital's fiscal Q2 2026 results showcase robust growth, with revenue climbing 25% year-over-year to $3.0 billion. The company credits accelerating AI adoption for driving demand for its high-capacity nearline hard drives and advanced technologies like HAMR and UltraSMR.

Jan 30, 2026

Business

MaxLinear Declares 2025 an 'Inflection Year' as Infrastructure and Optical Tech Drive Record Growth

Chip designer MaxLinear capped off a transformative 2025 with a strong fourth quarter, reporting 30% full-year revenue growth and positive cash flow ahead of schedule. CEO Kishore Seendripu pointed to surging demand in data center optical interconnects and wireless infrastructure as key catalysts, positioning the company for even faster growth in 2026.

Jan 30, 2026