June 27, 2024

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Micron Shares Drop as AI Revenue Surge Disappoints High Expectations

Micron Shares Drop as AI Revenue Surge Disappoints High Expectations

by EDITORIAL TEAM
9 months ago

Key Points: Micron's fourth-quarter revenue forecast of $7.6 billion did not meet higher investor expectations. Shares fell 5% despite more than doubling over the past year and a 14% increase this month. Investors anticipated extraordinary results due to the AI boom and Micron's position in the HBM market. Some analysts remain positive about Micron's market, seeing the stock pullback as a buying opportunity. Micron Technology (MU.O) experienced a 5% drop in early trading on Thursday after its quarterly revenue forecast...

Latest June 27, 2024

CDK Global Hack Disrupts U.S. Auto Dealerships Amid Rising Cyberattacks

CDK Global Hack Disrupts U.S. Auto Dealerships Amid Rising Cyberattacks

by EDITORIAL TEAM
9 months ago

Key Points: Cyberattack disrupts operations at U.S. auto dealerships. BlackSuit, a new group, is believed to be a spinoff of RoyalLocker. BlackSuit has breached at least 95 organizations, primarily in the U.S. Provides infrastructure and extortion support to smaller cybercriminal groups. A recent cyberattack on software maker CDK Global has significantly disrupted operations at auto dealerships across the United States....

European Stocks Gain Momentum on Upbeat Earnings and Moderate Inflation Data

European Stocks Trade Mutedly Amid Micron Outlook and Key U.S. Inflation Data Awaited

by EDITORIAL TEAM
9 months ago

Key Points: European stock markets traded mixed, with Germany's DAX up 0.3%, France's CAC 40 up 0.1%, and the U.K.'s FTSE 100 down 0.2%. Micron's disappointing outlook dampened investor sentiment. Key U.S. inflation data and eurozone economic sentiment surveys are awaited. H&M shares fell 14% due to a smaller-than-expected profit rise. Nokia shares rose 0.2% after the company agreed to...

Cyber Threat Intelligence Facts and Views

Cyber Threat Intelligence: Facts and Views

by EDITORIAL TEAM
9 months ago

Cyber threat intelligence has emerged as a critical component for understanding and mitigating cyber threats in the ever-evolving cybersecurity landscape. This article explores the intricacies of cyber threat intelligence, examining its methodologies, impacts, and the perspectives surrounding its utilization. Cyber Threat Intelligence: Facts Understanding the foundational facts surrounding cyber threat intelligence is essential for recognizing its significance and applications: Definition...

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