Asset icon - trade crypto, stocks, and gold on Pluang
Trade on Pluang
One platform for all markets
Download

IT infrastructure and digital services market surges with cloud, AI, and managed services driving growth.

Market News
20 May 2026
Market News Updates
View Source
Bullish
pluang ai news

The IT and digital infrastructure market is rapidly expanding due to increased enterprise spending on cloud computing, AI integration, cybersecurity, and managed services. The U.S. IT services market alone reached $405.7 billion in 2023 and is projected to grow steadily, with the global cloud managed services market expected to exceed $305 billion by 2030. Companies like Sky Century Investment, ServiceNow, Cloudflare, Intellicheck, and Kaltura are innovating in digital media, AI, and cloud solutions to meet rising demand. This growth is fueled by businesses outsourcing IT functions to improve efficiency and security, with digital transformation becoming essential for competitiveness.

More News

FDA accepts ImmunityBio's expanded use filing for bladder cancer drug ANKTIVA, boosting stock.

FDA accepts ImmunityBio's expanded use filing for bladder cancer drug ANKTIVA, boosting stock.

The FDA has accepted ImmunityBio's supplemental Biologics License Application (sBLA) for ANKTIVA to treat BCG-unresponsive non-muscle invasive bladder cancer (NMIBC). This acceptance marks a key advancement for the company, with a PDUFA action date s...

Market News
Bullish
31 minutes ago
Avaí Bio and Austrianova complete Master Cell Bank for anti-aging α-Klotho therapy, advancing clinical trials.

Avaí Bio and Austrianova complete Master Cell Bank for anti-aging α-Klotho therapy, advancing clinical trials.

Avaí Bio and Austrianova have completed a Master Cell Bank (MCB) of genetically modified cells that overexpress the α-Klotho protein, a key anti-aging protein. This milestone is crucial for producing consistent, safe cell-based therapies targeting ag...

Others
Bullish
36 minutes ago
OpenAI and Google boost AI investments in Singapore, marking it as Asia-Pacific's AI hub.

OpenAI and Google boost AI investments in Singapore, marking it as Asia-Pacific's AI hub.

OpenAI and Google have significantly increased their AI investments in Singapore, establishing the city-state as a key AI hub in Asia-Pacific. OpenAI opened its first applied AI lab outside the U.S. in Singapore, backed by a S$300 million commitment,...

Market News
Bullish
42 minutes ago
Deadlines near for lead plaintiff appointments in class actions against Vital Farms, Super Micro, and Aldeyra Therapeutics.

Deadlines near for lead plaintiff appointments in class actions against Vital Farms, Super Micro, and Aldeyra Therapeutics.

Holzer & Holzer, LLC announced approaching deadlines for investors to seek lead plaintiff status in shareholder class action lawsuits against Vital Farms, Super Micro Computer, and Aldeyra Therapeutics. These lawsuits allege misleading statements or ...

Market News
Bearish
1 hour ago
Memorial Day tips highlight Wendy's spicy chicken sandwich upgrade and Mediterranean tuna salad ideas.

Memorial Day tips highlight Wendy's spicy chicken sandwich upgrade and Mediterranean tuna salad ideas.

Lifestyle expert Meaghan B. Murphy shares easy Memorial Day hosting tips featuring Wendy's upgraded Spicy Chicken Sandwich with a juicier marinade and bold spices, and a healthy Mediterranean Tuna Salad using Genova Premium Tuna. These food ideas com...

Others
Bullish
1 hour ago
banner-footerbanner-footer

Invest & Trade with
#1 Award-Winning Investment Super App