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Applied Digital Is Spinning Out Its Cloud Business. How Should You Play APLD Stock Here?

Applied Digital is an AI stock that has more than tripled shareholder returns over the last 12 months. However, it is also ...
Business Recorder

Chakwal Spinning (CLOUD) refutes inside trading reports even as share price shoots

Chakwal Spinning Mills Limited (CLOUD) has claimed that reports around the company’s management being involved in inside trading with certain investors are false. The listed company, in a notice to ...
Business Recorder

Chakwal Spinning to set up data centre, cloud operations in Pakistan

The management of Chakwal Spinning Mills Limited (CLOUD) has signed the term sheet for investment of Rs7.784 billion with PNO Capital Limited for the launch of data centre and cloud operations in ...
ZDNet

Alibaba to spin off cloud unit, take two others to IPO

Alibaba Group is making plans to carve out its cloud business unit and push two others to IPO, as it shifts up the gear on its organizational overhaul. The Chinese tech giant is aiming to spin off the ...