India has surged ahead of the United States to become the second-largest market for 5G handsets globally, marking the first time the country has achieved this significant milestone. With only China surpassing India, the latter now stands as a dominant force in the 5G handset market. A recent study by Counterpoint Research highlighted a 20%…
Broadcom reported third-quarter results on Thursday that beat Wall Street’s sales and profit expectations. Broadcom shares fell 7% in after-hours trading after market expectations fell short of expectations. Here’s how the chipmaker group performed compared to LSEG’s consensus estimate for the quarter ended Aug. 4: Earnings per share: adjusted $1.24, vs. $1.20 expected Revenue: $13.7…
Nestle is launching a new frozen food brand called Vital Pursuit, targeting the growing market of consumers who use GLP-1 drugs such as Ozempic and Wegovy. Over the past year, fad weight loss and diabetes drugs have become popular again as more options come to the market and celebrities such as Oprah Winfrey and Elon…
Salesforce is launching a new line of products with the intention of strengthening its position in the highly competitive AI market. The latest cross-disciplinary attempt by Salesforce to add AI capabilities to its product portfolio is the suite, which is referred to as AI Cloud and includes AI delivery tools that are “enterprise ready.” It…