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growth of ucaaS in healthcare driven by communication and collaboration needs
Avaya Inc. and RingCentral have expanded their strategic partnership to enhance communication in healthcare, driven by the rising demand for efficient collaboration tools. The UCaaS market in healthcare is projected to grow significantly, fueled by increased R&D spending and the shift towards telehealth solutions. Key players include IBM, Verizon, and Comcast, with a focus on integrating AI and improving patient engagement through advanced communication technologies.
us stock market gains led by tesla and nvidia amid election uncertainty
The U.S. stock market saw significant gains, with the S&P 500 rising 1.1%, the Dow Jones up 0.8%, and the Nasdaq jumping 1.2%, driven by key players like Tesla and Nvidia. Notable movers included 8x8 Inc. soaring 23.92% after strong quarterly results, while Archer-Daniels-Midland fell 8.52% due to disappointing earnings. Other significant shifts included Cummins Inc. climbing 8.69% and Bioventus plummeting 18.71% after missing margin expectations.
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