Tag: Software

Baidu’s robotaxi unit plans Europe expansion

Chinese tech company Baidu’s Apollo Go robotaxi business plans to expand to Europe this year, according to a source familiar with the matter.

Affirm drops 8% on weaker-than-expected guidance for current quarter

Affirm, the provider of buy now, pay later loans, gave a revenue forecast for the current quarter that trailed analysts’ estimates even as profit for the prior quarter was better than expected. The stock fell 8% in extended trading on Thursday.

Palantir shares fall as company reports in-line earnings, lifts full-year guidance

Palantir boosted its revenue guidance Monday and reported earnings that met expectations as the artificial intelligence software company saw its shares fall about 9% after the bell.

Microsoft Stock Rises After Earnings. ‘Our Downgrade Looks Pretty Foolish Right Now.’

Microsoft (MSFT)+0.31% stock was rising after the tech giant reported better-than-expected third-quarter earnings and revenue.

Baidu Rolls out AI Upgrades at Lower Prices as Competition Heats Up

Chinese internet-search giant Baidu has upgraded its artificial-intelligence models and cut prices amid fierce competition with rivals like DeepSeek and Alibaba.

ServiceNow Is Upbeat After Earnings. Businesses Are ‘Investing for Their Future.’

ServiceNow on Wednesday reported better-than-expected financial results and forecast more subscription revenue than Wall Street had penciled in, saying demand is strong despite an uncertain economic outlook.

Software giant SAP’s shares surge 10% after first-quarter profit beat

SAP on Wednesday posted a 58% year-on-year jump in first-quarter operating profit in constant currency, also confirming its outlook for full-year cloud revenues.

Qualco: Είσοδος στο Χρηματιστήριο Αθηνών με στόχο την άντληση 70 εκατ. ευρώ

Τα σχέδιά της να εισαχθεί στο Χρηματιστήριο Αθηνών μέσω αρχικής δημόσιας προσφοράς (IPO) ανακοίνωσε η Qualco. Στόχος της είναι η άντληση έως 70 εκατ. ευρώ, τα οποία θα κατευθυνθούν σε εξαγορές εταιρειών στην Ελλάδα ή το εξωτερικό, αλλά και στη γενικότερη ανάπτυξη του ομίλου.

Performance Technologies: Σε προχωρημένες συζητήσεις για μετοχική είσοδο σε ελληνική εταιρεία AI

Η ενίσχυση του portfolio με 2-3 στρατηγικές εξαγορές ή μετοχικές συνεργασίες αποτελεί μία από τις βασικές προτεραιότητες της Performance Technologies για την περίοδο 2025-2027, σύμφωνα με τα όσα ανέφερε σε παρουσίαση της εταιρείας, ο CEO τηγς εισηγμένης, Διονύσης Χιντζίδης.

Nato acquires AI military system from Palantir

Nato has acquired an AI-powered military system from Palantir, the US software company chaired by Donald Trump-backer Peter Thiel and with strong Pentagon connections.

Ubisoft jumps as much as 12% after Tencent invests in new unit

Ubisoft  shares rose as much as 12% on Friday after it announced plans to set up a subsidiary in which Tencent will invest 1.16 billion euros, as the French video game maker seeks to recover from weak performance in 2024.

CoreWeave Prices IPO at $40, Well Below Estimates. It’s Another Headwind for AI and Public Markets.

CoreWeave, a rapidly growing AI cloud company, priced its initial public offering at $40 a share on Thursday night, well below an expected range of $47 to $55.

Profile: Αύξηση 45% στα καθαρά κέρδη το 2024, μέρισμα €0,064

Ο Όμιλος Profile παρουσιάζει τα οικονομικά αποτελέσματα για το 2024, τα οποία αποτυπώνουν την ισχυρή ανάπτυξή του εντός και εκτός συνόρων κατά 33% -πετυχαίνοντας διπλασιασμό των οργανικών πωλήσεων κατά την τελευταία τριετία-, με σημαντική ενίσχυση της καθαρής κερδοφορίας, κατά 45%.

Microsoft Scales Back Data Center Leases Amid Oversupply and Shifting AI Demands

Microsoft backed away from U.S. and European data center projects totaling 2 gigawatts over the past six months, TD Cowen analysts said, attributing the move to excess infrastructure relative to current AI demand.

Alibaba joins forces with BMW to work on AI tech for cars in China

The partnership demonstrates Alibaba’s increased focus on AI, while BMW is also seeking to develop competitive products for the Chinese market.

Affirm announces JPMorgan Chase merchants can soon offer installment loans at checkout

Fintech lender Affirm said Tuesday that it’s reached an agreement with JPMorgan Chase to offer its buy now, pay later loan services to merchants on the bank’s payments network.

CD Projekt shares slump after it says ‘Witcher IV’ won’t come out in 2026

Shares of CD Projekt fell nearly 13% in early trading on Wednesday after the game developer said the premiere of “Witcher IV” was scheduled for after 2026, fuelling fears of an even longer wait for the new instalment in the blockbuster series.

Cloudflare shares leap as BofA double-upgrades to Buy

Bank of America (BofA) analysts double-upgraded Cloudflare (NYSE:NET) to Buy from Underperform on Tuesday, a move driven by the company’s improving fundamentals and significant growth potential in AI and network security.

Jack Ma’s Ant Group flags AI breakthrough on China-built chips- Bloomberg

Jack Ma-backed Ant Group used Chinese-made semiconductors to develop less costly techniques to train artificial intelligence models, Bloomberg reported on Monday.

Tencent’s Revenue Growth Accelerates on Robust Gaming Business

Tencent Holdings nearly doubled its profit on double-digit revenue growth in the final quarter last year as the Chinese technology giant stepped up its AI investment while continuing to build on the momentum of its gaming business.