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TSMC June Revenue Surges 68% Year-on-Year

The technology sector is experiencing a significant boost, driven by a 68% year-on-year surge in June revenue reported by TSMC, the world's largest contract chipmaker. This strong growth is expected to have a positive impact on the sector, particularly on companies involved in semiconductor …

Vinay Lochav | 13 July 2026

Amazon Layoffs Deepen Tech Sector Hiring Slowdown Amid Job Market Saturation

Amazon’s protracted layoffs are amplifying hiring slowdowns across the technology sector, as displaced workers navigate an increasingly crowded job market. The prolonged reduction in force reflects broader economic pressures, with companies prioritizing cost efficiency over expansion. This shift is reshaping workforce dynamics, particularly in …

Vinay Lochav | 13 July 2026

American Battery Technology (NASDAQ: ABAT) Announces CEO, CFO and COO Compensation Packages

American Battery Technology (NASDAQ: ABAT) disclosed new employment contracts for its senior leadership on July 9 2026. The agreements commence on July 1 2026 and run for a two‑year period, aligning executive compensation with the company’s growth objectives in the rechargeable‑battery market.

Vinay Lochav | 13 July 2026

SK Hynix Shares Plunge 15% in Seoul After U.S. ADR Debut Sparks Leverage Fears

A sharp 15% decline in SK Hynix shares on the Seoul exchange sent shockwaves through the semiconductor sector, revealing vulnerabilities in highly leveraged chipmakers. The drop followed a high-profile U.S. ADR debut, which initially drew strong investor interest but later triggered a broader reassessment …

Vinay Lochav | 13 July 2026

Tech Stocks Slide as AI Profit Doubts Weigh, SK Hynix Falls

Tech stocks retreated Monday as geopolitical risks and skepticism over artificial intelligence profitability rattled investors. The downturn followed a broader market pullback triggered by escalating US-Iran hostilities, while concerns grew about the timeline for Big Tech’s AI investments to generate returns. Semiconductor and cloud …

Vinay Lochav | 13 July 2026

Nasdaq Debut Triggers 15% Drop in SK Hynix Stock

South Korean shares of SK Hynix, a major semiconductor manufacturer, experienced a sharp decline, sinking over 15%, in the wake of the company's successful debut on the Nasdaq exchange. This downturn marks the worst day for the company's stock, sparking concerns among investors and …

Vinay Lochav | 13 July 2026

Brand Engagement Network Locks In CEO Tyler Luck With $360,000 Salary, Equity Incentives

Brand Engagement Network has solidified Tyler Luck’s position as chief executive through a three‑year employment contract that supersedes his interim arrangement. The agreement becomes effective on June 1, 2026 and extends through mid‑2029, providing continuity after his initial appointment in September 2025. The contract …

Vinay Lochav | 13 July 2026

Cognizant (NASDAQ: CTSH) Resolves Shareholder Derivative Suit with Court-Approved Settlement

Cognizant Technology Solutions Corp (NASDAQ: CTSH) has moved closer to resolving a longstanding shareholder derivative lawsuit after a federal court granted preliminary approval to a settlement agreement. The case, identified by its docket number 2:21-cv-12025, centers on allegations raised by a shareholder against the …

Vinay Lochav | 13 July 2026

Intel (NASDAQ: INTC) Pledges $5.7 Billion to Expand Irish Chip Plant for AI Demand

Intel Corp. (NASDAQ: INTC) unveiled a $5.7 billion capital injection to expand its Irish semiconductor plant, aiming to meet rising global demand for artificial intelligence and high-performance computing chips. The investment will upgrade existing facilities in Leixlip, outside Dublin, reinforcing Intel’s European manufacturing base …

Vinay Lochav | 13 July 2026

IQSTEL (NASDAQ: IQST) Raises CEO Pay to $37,800 Monthly, Adjusts Equity Incentives to Preferred Shares

IQSTEL Inc. This adjustment consolidates a previously established $6,800 monthly relocation stipend linked to his transition to a new operational hub. The board finalized these changes on July 7, 2026, with the cash components taking effect immediately.

Vinay Lochav | 13 July 2026
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