Cognizant (NASDAQ:CTSH), a leading global professional services company, announced today, December 16, 2025, that it has entered into a new five-year strategic agreement with ERIKS, a prominent international industrial service provider.
KBR (NYSE:KBR) has won a proprietary technology and engineering contract from IGNIS to develop a 200,000 tonnes-per-annum green ammonia plant in A Coruña, Spain, utilizing renewable energy to drive clean hydrogen production.
Serve Robotics (NASDAQ:SERV) announced it has successfully deployed more than 2,000 autonomous delivery robots, making it the largest sidewalk delivery fleet in the U.S.
Applied Materials (NASDAQ:AMAT) announced a quarterly cash dividend of $0.46 per share, payable on March 12, 2026, to shareholders of record as of February 19, 2026.
This marks the eighth consecutive year of dividend increases for the company, following a 15% hike in March 2025, which raised the dividend from $0.40 to $0.46 per share.
Shares in Oracle (NYSE:ORCL) opened nearly 12% lower in Frankfurt trading today, tracking steep losses in U.S. after-hours trading, after the technology giant issued sales and profit forecasts that missed analyst estimates.
The sell-off was fueled by investor anxiety over the massive capital expenditure required to fund the company's aggressive pursuit of AI cloud-computing customers.
Ciena® Corporation (NYSE:CIEN) today announced its financial results for the fiscal fourth quarter and full year ended November 1, 2025.
For the fiscal fourth quarter of 2025, Ciena reported revenue of $1.35 billion, reflecting a 20% increase year-over-year.
For the full fiscal year 2025, the company generated $4.77 billion in revenue, marking a 19% year-over-year growth.
Vera Bradley (NASDAQ:VRA) today announced its financial results for the third quarter of fiscal year 2026, ended November 1, 2025, reporting a decline in revenues and a widened net loss impacted by significant non-recurring charges.
Consolidated net revenues for the quarter were $62.3 million, down from $70.5 million in the year-ago period.
Tech giants are pouring trillions of dollars into AI chips and data centers while the industry quietly faces a fork in the road between open source and proprietary models. AMD chair and CEO Lisa Su and former IBM CEO Sam Palmisano explain why that choice could shape the next era of computing.
The UK economy is at risk of its first quarterly contraction since Labour returned to power, after growth disappointed again by shrinking ahead of Chancellor of the Exchequer Rachel Reeves' tax-raising budget. Can the UK's tech sector come to the rescue? British Business Bank CEO Louis Taylor weighs in with Ed Ludlow and Caroline Hyde to discuss on "Bloomberg Tech."
Margie Patel, senior portfolio manager and head of Capital Allocation at Allspring Global Investments, joins Ed Ludlow and Caroline Hyde to discuss concerns around returns on AI investments in the context of Broadcom's earnings and the news that Oracle is pushing back the completion dates for some of its AI data centers. She speaks on "Bloomberg Tech."
Broadcom, a chip company vying with Nvidia for AI computing revenue, suffered the worst stock decline in 10 months after its sales outlook for the market failed to meet investors' lofty expectations. Karl Ackerman, managing director of semiconductors and networking hardware at BNP Paribas, joins Ed Ludlow and Caroline Hyde to discuss on "Bloomberg Tech."
