Palantir raises 2024 forecast on robust AI demand
By Arsheeya Bajwa (Reuters) - Data analytics firm Palantir Technologies raised its annual revenue and profit forecast and bea...
7h ago
Axon raises full-year revenue forecast on strong demand for its software products
(Reuters) - Axon Enterprise raised its full-year core profit and revenue forecast Monday, banking on strong demand for its so...
7h ago
Lucid forecasts higher capital spend, sticks to production forecast; shares fall
(Reuters) -Lucid Group forecast higher capital expenditure this year and reiterated an annual production forecast below Wall ...
9h ago
Video streaming services see downloads, active users drop in April, BofA report shows
(Reuters) - Video streaming services saw a drop in downloads and active users during April, a research note by Bank of Americ...
12h ago
Microsoft readies new AI model to compete with Google, OpenAI, The Information reports
(Reuters) - Microsoft is training a new, in-house AI language model large enough to compete with those from Alphabet's Google...
15h ago
Synopsys to sell software unit to Clearlake, Francisco in $2.1 billion deal
(Reuters) -Synopsys will sell its software integrity (SIG) unit to a private equity consortium led by Clearlake Capital and F...
15h ago
Robinhood Crypto gets Wells notice from US SEC
(Reuters) - Retail trading platform Robinhood Markets said on Monday its cryptocurrency trading arm received a Wells notice f...
15h ago
Trump Media dismisses auditor BF Borgers amid SEC fraud charges
(Reuters) - Former U.S. President Donald Trump's media and technology company said it had replaced its auditor, BF Borgers, a...
16h ago
Grayscale Bitcoin Trust's shares jump after first inflow since January
(Reuters) - Shares of Grayscale Bitcoin Trust jumped 5% in premarket trading on Monday after the exchange-traded fund (ETF) t...
18h ago
SAP extends CEO Klein's contract until 2028
BERLIN (Reuters) - SAP has prolonged CEO Christian Klein's contract for a further three years, extending it to the end of 202...
19h ago