Tag
Information Technology
38 articles
The information technology sector is experiencing heightened investor focus on earnings potential, as evidenced by significant options activity surrounding companies like HP, Synopsys, Salesforce, and Snowflake. Anticipated stock swings of up to 12% following earnings releases suggest substantial market expectations and potential volatility. Simultaneously, Applied Digital secured a substantial $7.5 billion AI data center lease, demonstrating ongoing demand for AI infrastructure and bolstering the company’s contracted revenue. These developments, alongside Intuit’s raised revenue guidance driven by AI, underscore the sector’s growth trajectory and the increasing importance of AI in driving business performance, though investors should monitor the potential for earnings outcomes to deviate from implied expectations.
Applied Digital Secures $7.5B AI Lease
Applied Digital shares rose ~7% in after‑hours trading on May 21 2026 after announcing a 15‑year, $7.5 billion lease for Polaris Forge 3 AI data centre.
The lease covers 300 MW of critical IT load, va
US Stocks Rise 1% on Nvidia
US equity indices rose, S&P 500 +1.1% to 7,432.24, Nasdaq +1.6% to 26,270.36, Dow +1.3% to 50,009.35.
Nvidia shares gained 1.3% ahead of earnings, its market cap exceeds $5 trillion, seen as AI market
HP Earnings Could Spark 7.5% Move
Options data from Bloomberg suggests HP Inc. stock may swing up to 7.5% after its earnings release on May 27.
Historical data shows HP exceeded implied moves three of eight times, including a 13.9% dr
Synopsys Earnings May 27 May Move 7.8%
Synopsys shares could swing 7.8% after its earnings release on May 27, per Bloomberg options data.
Historical data shows implied moves often exceed actual price changes, with eight prior earnings show
Salesforce Earnings Forecast 7.9% Stock Move
Options data suggest Salesforce (CRM) stock could swing 7.9% on May 27 earnings after market close.
Historical earnings moves show mixed accuracy, with three of eight announcements exceeding implied m
Snowflake Earnings May Trigger 12% Move
Bloomberg options data indicates Snowflake (NYSE:SNOW) could experience a 12% price swing after its May 27 earnings release.
In three of the last eight earnings, the stock outperformed implied moves,
Dollar Drops 0.3% on Nvidia, Iran Talks
US dollar index slipped 0.3% to 99.06 as yields stabilized and risk sentiment improved on Nvidia earnings optimism and Iran peace hopes.
Nvidia shares rose about 1% ahead of its quarterly earnings, li
Intuit Raises FY Revenue Guidance 13%
Intuit raised FY2026 revenue guidance to $21.34‑$21.37 bn (13‑14% growth) and adjusted EPS to $23.80‑$23.85, topping estimates.
Q3 FY2026 results showed $8.56 bn revenue (+10% YoY) and adjusted EPS $1
Karix Mobile Appeal Rejected by Supreme Court
Supreme Court heard Petition No. 13820/2026 filed by Karix Mobile Pvt Ltd challenging a Delhi High Court judgment dated 02‑04‑2026.
The petition seeks special leave to appeal against National Informat
Defrail Technologies FY26 Net Profit Rises 45% YoY
Defrail Technologies reported standalone net profit of ₹400.96 lakhs for FY26, up 45% from ₹277.18 lakhs in FY25.
Company revenue grew 29% to ₹8,025.82 lakhs in FY26 with basic EPS at ₹7.26.
Board app
Indian Market Indices Mixed Returns May 2026
Broad market indices like Nifty 50 and Nifty 500 posted monthly declines of about 1‑2%, while mid‑cap and small‑cap gained 1‑3%.
Thematic indices delivered strong gains in Capital Markets (+7% TR, +6.
Shreehari AI Announces Spiritual AI Platform Launch
Shreehari AI, a New Delhi technology firm, unveiled an AI‑powered spiritual intelligence platform combining Vedic astrology, palmistry, numerology, and face reading.
The platform uses multimodal AI, s
Vratika Gupta, Nakul Aggarwal Spotlight Cannes 2026
Indian entrepreneurs Vratika Gupta (Maison Sia) and Nakul Aggarwal (BrowserStack) attended Cannes 2026 red carpet, highlighting global entrepreneurial presence.
Gupta’s luxury home décor brand and Agg
Melstar Board Meeting on May 25, 2026
Melstar Information Technologies schedules board meeting on May 25, 2026 to approve FY2026 audited financial results.
Meeting will consider both standalone and consolidated financial results for quart
Altudo Wins Asana Partner of Year
Altudo announced as Asana Partner of the Year, recognizing its role in enterprise transformation and operational excellence.
The award highlights Altudo’s AI‑driven workflow solutions that improve ope
Benchmark Computer Solutions Board Meeting on FY26 Results
• Board meeting scheduled for 26th May 2026 to approve standalone audited financial results for H2 and FY ended 31st March 2026.
• Trading window closed from 1st April 2026 until 48 hours after result
Niks Technology Board Meeting on May 29, 2026
Niks Technology intimates BSE of its board meeting on May 29, 2026 to consider audited financial results for H2 and FY ending March 31, 2026.
The meeting will be held at the company's registered offic
Saven Technologies Unclaimed Dividend IEPF Transfer Notice
Saven Technologies issued notices for transfer of unclaimed final dividend for FY 2019-20 to IEPF Authority as per Companies Act 2013.
The company published newspaper advertisements and sent reminder
Meta Infotech Board Meeting on May 27, 2026
• Meta Infotech board meeting scheduled for May 27, 2026 to approve audited financial results for H2 and FY ending March 31, 2026.
• Trading window closure for securities remains in effect until 48 ho
Innovision Limited Board Meeting on May 25, 2026
Innovision Limited provides prior intimation of its Board meeting scheduled for May 25, 2026, under SEBI LODR Regulation 29.
The Board will consider and approve Audited Standalone and Consolidated Fin
RPSG Ventures Appoints Sudip Ghosh Whole-time Director
RPSG Ventures seeks shareholder approval via postal ballot for two resolutions concerning the appointment of Mr. Sudip Kumar Ghosh.
The first resolution is an ordinary resolution to appoint Mr. Ghosh
Bounteous Names Srikanth Kamaraju EVP, India
Bounteous announced Srikanth Kamaraju as Executive Vice President and India Practice Leader to drive AI and digital transformation.
Kamaraju brings over 25 years of global leadership in AI, digital tr
SAS Innovate on Tour Mumbai June 3
SAS will host Innovate on Tour event in Mumbai on June 3 2026, focusing on trusted, production‑ready enterprise AI.
Speakers include senior leaders from SBI Card, Dr. Reddy’s, Bank of Baroda, HDFC Ban
Sambhaav Media FY26 Revenue Up 3.3%, Net Profit Falls 60%
Sambhaav Media reported standalone FY26 revenue of ₹386.73 lakhs, up 3.3% YoY, but net profit declined 60% to ₹44.40 lakhs.
The board appointed M/s. MBD & Co LLP as internal auditor and Mr. Nishant Ga
XTGlobal Infotech Board Meeting May 26 for FY26 Results
XTGlobal Infotech board meeting scheduled for May 26, 2026 to approve audited Q4 and FY26 standalone and consolidated financial results.
Trading window closed from April 1, 2026 until 48 hours after r
KFin Technologies Launches AEGIX AI IR Platform
KFin Technologies launched AEGIX, India's first AI-native investor relations intelligence platform for listed companies.
The platform provides ownership analysis, market intelligence, investor targeti
Unthinkable Solutions LLP Arbitration Against Bullfrog Technology
Petition for arbitration (No.9/2025) filed by Unthinkable Solutions LLP against Bullfrog Technology was listed before Supreme Court Registrar on 19-05-2026.
The Registrar ordered that the Ministry of
Oracle Financial Services ESOP Allotment 1,879 Shares
ESOP Allotment Committee approved issuance of 1,879 equity shares to eligible employees under OFSS Stock Plan 2014 on May 20, 2026.
Paid-up capital increased to ₹435,321,645 divided into 87,064,329 eq
TCC Concept Board Meeting on May 22, 2026
TCC Concept Limited schedules board meeting for May 22, 2026 to approve audited standalone and consolidated financial results for Q4 and FY ending March 31, 2026.
Disclosure made pursuant to SEBI LODR
Panabyte Technologies Board Meeting May 26, 2026
Panabyte Technologies board meeting scheduled for May 26, 2026 to approve audited standalone financial results for Q4 and FY ending March 31, 2026.
Trading window closure in effect from April 1, 2026
Indian Infotech Board Meeting Scheduled May 29
Indian Infotech board meeting scheduled for May 29, 2026 to approve FY26 and Q4 audited standalone financial results.
Trading window closure extended until May 31, 2026 for directors and designated pe
Nukleus Office Solutions Posts Earnings Call Recording
Nukleus Office Solutions disclosed availability of its earnings conference call recording for FY26 results.
The call discussed audited financial results for the half-year and year ended March 31, 2026
ITQ Technologies SLP Dismissed by Supreme Court
Supreme Court considered Special Leave Petition (Civil) No.23773/2026 filed by Kewal Sadana & Ors against ITQ Technologies Pvt Ltd.
Court condoned delay in filing and dismissed the petition without in
PCS Technology Board Meeting on May 27, 2026
• PCS Technology Ltd board meeting scheduled for May 27, 2026 to approve audited financial results for Q4 and FY ending March 31, 2026.
• Trading window for company securities remains closed until 48
Saurabh Vijay Appointed UIDAI Chief Executive Officer
Shri Saurabh Vijay assumed charge as CEO of Unique Identification Authority of India on Monday.
He is a 1998-batch IAS officer from Maharashtra cadre with engineering background from IIT-Delhi.
Vijay
3i Infotech Reports Potential Ransomware Cyber Incident
3i Infotech disclosed a potential ransomware cyber security incident identified on May 16, 2026, impacting its IT infrastructure.
The company engaged an independent forensic firm to investigate the ro
Google Breaks Ground on Vizag AI Hub
Google commenced construction on its $15 billion India AI hub in Visakhapatnam, developed in partnership with AdaniConneX and Nxtra by Airtel.
The gigawatt-scale AI ecosystem includes three data cente
String Metaverse Promoters Sell 3.27% Stake via OFS
String Metaverse Limited promoters sold 3.81 million shares via OFS to meet minimum public shareholding requirements.
Promoter group holding reduced from 81.79% to 78.52%, increasing public shareholdi