Telecom Industry News
A collection of Telecom latest news, analysis and best practices from top business influencers and the world's most trustworthy sources.
Hellenic Telecom Organization SA (OTCMKTS:HLTOY) Shares Shorted: Short Interest Down 97.1% in October
Hellenic Telecom Organization SA (OTCMKTS:HLTOY - Get Free Report) was the target of a large decrease in short interest during the month of October. As of October 15th, there was short interest totaling 357 shares, a decrease of 97.1% from the…
Prediction: This Is How Much a $5,000 Investment in Anthropic Will Be Worth in 1 Year
Anthropic recently filed its IPO, as its shares will soon be available for investors to buy. The artificial intelligence (AI) company could fetch up to a $2 trillion valuation, which would eclipse Space Exploration Technologies Corp (SPCX -0.40%) …
KT unveils AI platform Token Factory, eyes new growth business
KT is launching an artificial intelligence (AI) platform that automatically selects models for different tasks and bills customers based on token usage, as it seeks to build a new growth business by helping companies control AI costs. The telecom…
LTTS Nokia Partnership: Five-Year Engineering And R&D Contract In India
L&T Technology Services has secured a significant five-year contract with Nokia to bolster engineering and research and development activities in India, focusing on advanced telecom solutions like 5G and AI infrastructure. L&T Technology Services…
Intel: Server Strength Could Easily Offset A Weak PC Quarter In Q3 (NASDAQ:INTC)
Rick is a Wall Street Journal best-selling author and financial writer specializing in stocks and options trading. He's recognized as a top 1% financial expert and blogger on TipRanks, and his work, in both written and video form, has appeared in…
Anthropic IPO puts Korean tech firms' early bets in spotlight
SK Telecom's Anthropic stake could be worth W7.26tr; Naver and LG CNS also stand to benefit from blockbuster listing Anthropic's planned Nasdaq listing could deliver substantial valuation gains to South Korean tech companies that invested in the US…
Jio Shares Indicated 22% Higher in India Gray-Market Trading
For investors lucky enough to land shares in Jio Platforms Ltd. 's $3.1 billion India-record initial public offering, trading on the unofficial market is fueling hopes of a big debut pop. Billionaire Mukesh Ambani's digital and telecommunications…
Musk accuses Ukraine of violating Starlink terms with deadly drone strikes
Elon Musk accused Ukraine of violating Starlink terms of service by using it for lethal drone strikes. Musk said Ukraine used the Starlink commercial service for offensive drone strikes. Musk's comment on Saturday came after SpaceX imposed a…
Tower Semiconductor: Management's Confidence Is Infectious (NASDAQ:TSEM)
Tower Semiconductor targets tripling profits to $1.2 billion within two years, driven by surging silicon photonics demand and capacity expansion. Current customer contracts cover $1.3 billion for 2027, but management asserts additional demand is…
Jio Platforms IPO: India's largest share sale could end cheap mobile internet for millions
India's biggest telecom giant, the Meta and Google-backed Jio Platforms, is set to make its stock market debut on Wednesday. Despite a bruising spell for Indian markets, its historic $3.2bn initial public offering (IPO) - the country's largest ever…
Auto & Transport Roundup: Market Talk
The latest Market Talks covering the Auto and Transport sector. Published exclusively on Dow Jones Newswires at 4:20 ET, 12:20 ET and 16:50 ET. 0801 GMT – Volvo Car has admitted that the good times in China are gone, Citi analysts write. The…
Orange Boosts Profit Outlook After Africa, Middle East Growth
Orange SA raised its profit outlook for the third time this year, driven by growth across all the French mobile carrier's markets. Earnings before interest, taxes, depreciation and amortization after leases will grow more than 4.5% for the full…
Indian Stock Market Rebounds: Sensex Jumps 483 Points, Nifty Above 22,750 on Value Buying
Indian benchmark stock indices, Sensex and Nifty, staged a significant rebound after a four-day slump, with the Sensex jumping 483 points and the Nifty closing above 22,750, driven by value buying and strong sectoral performance. The Sensex surged…
Verizon's Turnaround Is Gaining Momentum. Is This 6.5%-Yielding Dividend Stock a Buy?
Verizon (VZ -3.49%) is starting to look like more than just a high-yield dividend stock. The telecommunications giant added 406,000 postpaid phone customers in the third quarter, an eye-popping 820% year-over-year increase. That accelerating…
Stock markets rebound after 4-day slump; Sensex jumps 483 points
Snapping the four-day losing streak, benchmark stock index Sensex jumped 483 points and Nifty closed above 22,750 on Monday on value buying and a rally in metal, telecommunication and healthcare shares. Recovering from early losses, the 30-share…
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