HCLTECH.NS
$1357.20
HCL Technologies Limited provides IT and business services, engineering, research and development services, software products, and IP-led offerings.
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Cisco’s New AI Push And Partnerships Weigh On Stock Valuation Story
Cisco Systems (NasdaqGS:CSCO) has introduced new AI driven networking solutions built on its Silicon One G300 platform. The company expanded its AI Defense security portfolio with agentic protections and post quantum cryptography features. Cisco advanced its AgenticOps model for more autonomous IT environments and pursued acquisitions in AI. A new AI enabled customer engagement partnership with HCLTech targets enhanced enterprise service delivery. Cisco Systems, trading at $76.85, is moving...
Indian IT stocks hit near 10-month low on AI disruption fears, fading Fed rate cut hopes
By Nandan Mandayam Feb 12 (Reuters) - Shares of Indian software exporters slid over 5% on Thursday, pushing the Nifty IT index to a near 10-month low, as persistent fears of AI-led disruption and
US software stocks slammed on mounting fears over AI disruption, lose $1 trillion in week
Shares of U.S. software and data services companies extended their tumble for a seventh straight session on Thursday as investors worried that fast-advancing artificial intelligence tools could upend the sector. The S&P 500 software and services index dropped 4.6%, having shed about $1 trillion in market value since January 28, in a selloff dubbed "software-mageddon." "I would classify this as a sell-everything mindset at this point," said Dave Harrison Smith, chief investment officer and head of technology investing at asset management firm Bailard.
Here Are the Global IT and Data Stocks Swept Up in the AI Selloff
Australia: The S&P/ASX All Technology index fell more than 7%. Logistics software specialist Wisetech (AU:WTC) dropped nearly 11% and accounting-software provider Xero (AU:XRO) sank 16%. China: Hong Kong-listed Kingdee International Software Group (HK:268) sank 13%.
Western Union (WU) Valuation In Focus As Earnings Expectations And New Hyderabad AI Center Reshape The Story
Western Union (WU) is back in focus after launching a Global Capability Center in Hyderabad with HCLTech, as investors weigh this AI-led buildout alongside expectations ahead of the company’s February 20 earnings release. See our latest analysis for Western Union. Western Union’s latest moves around AI and its Hyderabad Global Capability Center come as the share price sits at US$9.40, with a 90 day share price return of 5.98% and a 5 year total shareholder return decline of 41.96%, suggesting...