According to Reuters, Schneider Electric reported first-quarter revenue of 9.8 billion euros (US$11.4 billion) on April 30, with organic growth lifted to 11.2% by AI data center demand. The French power and cooling equipment supplier said the result was slightly above consensus estimates and

According to Bitcoin.pl, customer data from failed Polish exchange Zondacrypto has been offered for sale on the darknet, with two packages available. The smaller package, containing email addresses and basic identification data, is priced at approximately 550 euros, while the larger set—including

Gate News message, April 28 — Spotify shares fell about 6% in premarket trading after the streaming giant issued second-quarter guidance below analyst expectations, forecasting operating income of 630 million euros ($738 million) and 299 million premium subscribers. Analysts had estimated Q2 operat

Gate News message, April 28 — Cadence Design Systems, a California-based chip-design software maker, raised its fiscal 2026 revenue forecast on April 27, citing strong demand for tools used to build AI processors and more complex chips. The company now expects revenue of $6.13

Gate News message, April 27 — French listed company Capital B (ALCPB) announced it purchased 6 additional bitcoins for 400,000 euros, bringing its total Bitcoin holdings to 2,943 BTC. The company's Bitcoin holdings have generated a year-to-date return

Gate News message, April 26 — Ukrainian President Volodymyr Zelenskyy announced the allocation of the European Union's €90 billion loan during a joint press conference with Moldovan President Maia Sandu in Kyiv on April 26. Of the total loan, €45 billion is allocated for 2026 and will be disbursed i

German Chancellor Friedrich Merz urged the EU to ease industrial AI regulations while ensuring consumer oversight, linking this to Germany's €800 billion "Made for Germany" initiative to boost AI in industries and reduce reliance on foreign tech.

Yuanjie, a Chinese laser chip company, surged 9.6% to top China's stock market, surpassing Kweichow Moutai, which faced its first sales decline in 20 years. Global chipmakers like TSMC posted strong earnings driven by AI demand, while European startups pursue Nvidia alternatives amid new U.S. tech restrictions on China.

European AI chip startups are attracting larger investments, with Euclyd seeking €100 million for its inference technology. Despite raising $800 million in 2026, they lag behind US firms. The EU's Chips Act aims to enhance Europe's semiconductor industry.

Uber is acquiring a 4.5% stake in Delivery Hero for 270 million euros, increasing its holding while Prosus reduces its stake. The deal suggests trends toward consolidation in food delivery, supporting Delivery Hero's growth strategy.