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Technology

Wipro’s AI and Transformation Wins Highlight Growth Potential in IT Services

Wipro’s recent advancements in artificial intelligence and enterprise transformation are reshaping perceptions of IT services stocks trading at lower price points, as its consulting arm Capco earns industry validation and delivers a high-profile migration project. These milestones, including recognition of Capco’s AI leadership and …

Vinay Lochav | 16 July 2026

XPeng (NYSE: XPEV) Shares Climb 4.5% as Autoliv Partnership Fuels Safety‑tech Push

XPeng (NYSE: XPEV) sealed a strategic cooperation framework with safety‑systems leader Autoliv on July 7. The deal links the EV maker’s technology, digitalization and supply‑chain initiatives to Autoliv’s global safety expertise. In the same week, the company shipped 40,126 vehicles in June, raising its …

Vinay Lochav | 16 July 2026

SCANDIC TRADE Launches AI-Driven Platform for Digital Asset Management

SCANDIC FINANCE GROUP has launched SCANDIC TRADE, a cutting-edge platform designed to streamline digital asset management through AI-driven tools. This development is expected to have a significant impact on the cryptocurrency market, as it provides users with a comprehensive workspace to manage their digital …

Vinay Lochav | 16 July 2026

Semiconductor Surge: TSMC’s $100B US Bet Follows Record 77% Profit Growth

Is doubling down on its US expansion with a $100 billion investment in Arizona, a bold bet fueled by a 77% surge in second-quarter profit. The world’s largest contract chipmaker reported the earnings jump after releasing June revenue figures earlier in the week, signaling …

Vinay Lochav | 16 July 2026

Socket Mobile (NASDAQ: SCKT) Gains Governance Boost Amid Share Weakness

Socket Mobile announced the return of Brent MacDonald to its board, effective mid‑July. MacDonald previously guided the company from 2016 through 2023, offering strategic oversight during a period of product rollout and market expansion. With his re‑entry, the board expands to six directors, a …

Vinay Lochav | 16 July 2026

TSMC Posts Record Quarter, Faces Sky‑High Investor Expectations

The chipmaker disclosed earnings that exceeded every internal metric, marking a peak in its reporting history. Revenue growth across cutting‑edge node production and niche technology lines was driven by ongoing demand for powerful computing solutions and next‑generation network infrastructure. The strong financial results highlighted …

Vinay Lochav | 16 July 2026

Ribbon Communications (NASDAQ: RBBN) Enables MGW Telephone, Boosts IP Modernization

MGW Telephone, a regional incumbent local exchange carrier based in Virginia, successfully transitioned its network to Ribbon Communications’ all‑IP architecture. The upgrade utilizes Ribbon’s Circuit Emulation Services on the NPT platform, replacing traditional time‑division multiplexing equipment with automated IP routing. This move is intended …

Vinay Lochav | 16 July 2026

IBM Target Price Cut, Wealthfront Adds 3,481 Shares

IBM’s valuation was adjusted on 16 July 2026 as Argus’s senior analyst James Kelleher reduced the target price while reaffirming a buy rating. The revision comes two years after the company’s 2021 spin‑off of managed‑infrastructure assets into Kyndryl, and it immediately prompted wealth management …

Vinay Lochav | 16 July 2026

Micron (NASDAQ: MU) Drops 4.7% as AI Memory Rivalry Intensifies

Micron Technology Inc. (NASDAQ: MU) saw its shares retreat 4.7% in pre-market trading, erasing a portion of its staggering 186.7% year-to-date rally as investors weighed its position against rival SK Hynix in the booming AI memory market. The pullback, which valued the company at …

Vinay Lochav | 16 July 2026

ON Semiconductor (NASDAQ: ON) Shares Slip 1.3% to $92.51 as Power Demand Fuels Upside

Shares fell 1.3% to $92.51 in the latest session, a modest drop that follows a 57.48% rise over the past 52 weeks. The move matters because the company’s market cap of $36.5 billion still reflects strong investor confidence despite recent volatility.

Vinay Lochav | 16 July 2026
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