#technology-sector

#technology-sector

Citing CCA's long-standing financial struggles, including "demographic shifts and a persistent structural deficit," CCA President David C. Howse called the plan "a decisive act of stewardship." Deficits? How can this be? San Francisco is dense with millionaires. It frequently boasts the highest number of billionaires anywhere. How does one of the wealthiest cities in the world lose its last and oldest progressive art school? Intentionally.

(Bloomberg/Madlin Mekelburg) A federal judge said the Trump administration can move ahead with a $100,000 fee on new H-1B visa applications, providing a setback for US technology companies that rely on hiring skilled foreign workers. US District Judge Beryl Howell said in a ruling Tuesday that President Donald Trump's effort to radically increase the cost of the popular visa is lawful.

The U.S. government is set to acquire a 10% equity stake in Intel, with its products division supporting the foundry. Pressure may build on tech firms to purchase Intel chips.

Adslot Ltd has proposed issuing 250 million new securities as a strategic move to raise capital, enhancing its financial resources for operational capabilities.

HP Inc. reported a profit estimate of $0.74 per share for fiscal Q3 2025, which is a decline from the $0.83 per share in the same quarter last year.

FH One Investments acquired the Synaptics headquarters campus for $29.5 million, with a previously assessed value of $34 million, emphasizing attractive investments during market conditions.

In 2023, American colleges graduated 134,153 citizens or green card holders with bachelor's or master's degrees in computer science. That same year, our federal government handed out 200,000 H-1B visas.”

The stock market-driven volatility has led investors towards exchange-traded funds (ETFs) as long-term investors seek low-risk options that can generate impressive returns.

Despite the sharp downturn due to trade concerns, the US stock market made a strong recovery driven by tech stock performance and easing trade tensions.

Raimo Lenschow from Barclays has a Buy rating on Sprout Social with a target price of $26.00, suggesting growth potential from its current share price.

Elliott Investment Management, investing over $1.5 billion in HPE, aims to enhance company value through potential divestitures and reorganizations in a challenging market.