Information Technology Sector News
The information technology (IT) sector includes companies that develop, produce, and distribute technologies, software, and hardware that enable digital transformation and innovation. It plays a central role in the global economy by driving productivity, connectivity, and technological advancements across industries. The sector is known for its high growth potential and significant influence on modern life and business operations.
Read the latest information technology sector news:
AppFolio Insider Selling Contrasts Institutional Buying
Snack-Sized Version: Quantum Portfolio Management LLC significantly increased its stake in AppFolio. The firm boosted its position by 134.6% during the third quarter. As a result,...
Apple Foldable iPhone Launch Predicted by Citi
Snack-Sized Version: Citi analyst Atif Malik predicts Apple will launch a foldable iPhone this year. The device could debut at the company’s annual fall event. In addition,...
Jabil Cash Strategy: Investors Should Be Cautious
Snack-Sized Version: A recent analysis suggests investors should think twice about some cash-producing stocks like Jabil. Although generating cash is a positive sign, it...
Broadcom Stock Upgrade by Wells Fargo on AI Outlook
Snack-Sized Version: Wells Fargo upgraded Broadcom stock to ‘Overweight’ from ‘Equal-weight’. In addition, the firm raised its price target to $430....
Gen Digital Undervalued: Growth Outlook Strong
Snack-Sized Version: An analysis suggests Gen Digital stock is currently a bargain for investors. The company’s intrinsic value is estimated at $33.89, which is...
Amkor Analyst Upgrade Fuels Stock Jump on AI Demand
Snack-Sized Version: Amkor Technology shares jumped 5.2% in an afternoon session. The stock rose because investment firm Needham & Company raised its price target....