ZEX PR WIRE

Indian IT Stocks Rally as HCLTech Earnings Revive Confidence in Technology Services

MUMBAI, Maharashtra, Oct 13, 2026, ZEX PR WIRE — Indian technology stocks rallied on October 13 after stronger-than-expected quarterly results from HCLTech encouraged investors to reconsider valuations across the information technology services sector. The gains came despite continued global concerns about AI infrastructure spending, rising financing costs and the potential disruption of Read more

October 13, 2026|
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Omron’s $675 Million Onlogic Deal Signals New Push Into Industrial AI and Smart Manufacturing

NAGOYA, Japan, Oct 13, 2026, ZEX PR WIRE — Japanese automation company Omron has agreed to acquire US industrial computer manufacturer Onlogic and its parent company, Interlogic, for $675 million, strengthening its position in the growing market for physical artificial intelligence. Announced on October 13, 2026, the proposed acquisition is intended to Read more

October 13, 2026|
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IonQ Shares in Focus as $1.3 Billion Elisity Deal Expands Quantum Cybersecurity Ambitions

COLLEGE PARK, Maryland, Oct 13, 2026, ZEX PR WIRE — Quantum computing company IonQ announced plans on October 12, 2026, to acquire cybersecurity firm Elisity in an all-stock transaction valued at up to $1.3 billion, marking a major expansion of its efforts to combine quantum technology with enterprise security. The proposed acquisition is Read more

October 13, 2026|
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IMF Warns AI Investment Slowdown Could Trigger Broader Market Correction as Debt Risks Rise

WASHINGTON, D.C., Oct 13, 2026, ZEX PR WIRE — The International Monetary Fund has warned that a slowdown in artificial intelligence investment could trigger a wider financial market correction as technology companies increase borrowing to fund data centres, computing infrastructure and advanced AI development. In its Global Financial Stability Report released on Read more

October 13, 2026|
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Chinese Memory Chipmaker CXMT Puts Global Semiconductor Leaders Under Pressure as Competition Intensifies

SEOUL, South Korea, Oct 13, 2026, ZEX PR WIRE — Shares in major semiconductor companies came under pressure on October 13 as investors reassessed the competitive outlook for artificial intelligence hardware following reports of rapid progress by Chinese memory chipmaker ChangXin Memory Technologies (CXMT). The concerns contributed to a sharp decline in Read more

October 13, 2026|
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“Baku ID 2026” Innovation Festival Concludes

One of the region’s leading innovation festivals, “Baku ID 2026,” held at SABAH.city, has concluded. Baku, Absheron, Oct 13, 2026, ZEX PR WIRE — The two-day programme brought together prominent international speakers, including Balázs Hendrich (Representation of the Organization of Turkic States in Hungary), Khamis Said Abdalla (Ministry of Education and Vocational Read more

October 13, 2026|
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Maas Group’s AI Pivot Under Pressure: Profitable Business Sold, Firmus IPO Abandoned and a Second Balance-Sheet Risk Emerges

The cancellation of Firmus’s proposed IPO raises fresh questions about Maas Group’s strategic transformation, valuation assumptions, future earnings and the recoverability of a separate A$375 million Bull Capital receivable. SYDNEY, Australia, Oct 13, 2026, ZEX PR WIRE — Maas Group Holdings (ASX: MGH) faces growing scrutiny following the collapse of Firmus’s planned Read more

October 13, 2026|
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Exito Media Concepts Announces Enterprise Tech Week KSA, Co-Powered by the 35th Edition of the Cyber Security Summit

15th October 2026 | Rosh Olaya Hotel  Riyadh, Saudi Arabia, 12 October 2026, ZEX PR WIRE — Exito Media Concepts, a global leader in B2B technology events and innovation-driven business platforms, proudly announces the Enterprise Tech Week KSA, co-powered by the 35th Edition of the Cyber Security Summit. Taking place at the Read more

October 12, 2026|
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