Tag: Software

Microsoft, Google strategy to test AI search ads irks some brands

Alphabet’s Google and Microsoft are inserting ads into AI experiments without providing an option to opt out of participation, an approach that has already rankled some brands and risks further pushback from the industry, ad buyers told Reuters.

France’s Atos sees sales at loss-making unit bottoming out in 2024

Atos (ATOS.PA), the struggling French IT consulting firm planning to split into two listed entities, said it expected sales at loss-making unit Tech Foundations to hit bottom in 2024.

Palo Alto Networks promoted to S&P 500, replacing Dish Network

Apple Inc. is widely expected to announce on Monday a new mixed-reality headgear at its annual Worldwide Developers Conference in California.

MongoDB shares jump more than 20% after database company beats expectations and raises guidance

Shares of MongoDB rose as much as 22% in extended trading Thursday after the database software maker issued blowout fiscal first-quarter earnings and lifted its full-year guidance.

SentinelOne stock plummets more than 35% as annual guidance slashed, layoffs planned

SentinelOne Inc. shares dove more than 35% in after-hours trading Thursday, after the security-software company missed expectations with its financial results and executives slashed their annual guidance while planning layoffs.

C3.ai Stock Falls After Earnings Outlook Fails to Justify the Hype

C3.ai shares were trading sharply lower in premarket trading Thursday, the morning after the company provided a financial outlook for its April 2024 fiscal year that fell shy of Wall Street estimates.

Salesforce raises guidance but sees pressure as customers back away from big consulting deals

Salesforce reported an earnings and revenue beat and lifted its full-year earnings guidance, but the stock dropped as much as 7% in extended trading as capital costs were higher than analysts expected.

Alibaba begins rollout of its ChatGPT-style tech as China A.I. race heats up

Alibaba on Thursday began rolling out its ChatGPT-style technology as Chinese tech giants look to take a lead in the country’s artificial intelligence race.

Okta Results Easily Beat Estimates. Macro Concerns Send Stock Lower

Okta delivered a “beat-and-raise quarter” Wednesday, as the identity management software provider posted stronger-than-expected financial results for its fiscal first quarter, while boosting guidance for the January 2024 fiscal year.

CrowdStrike shares tumble as revenue shows signs of slowing

CrowdStrike reported first-quarter earnings results for its fiscal 2024 year Wednesday, beating consensus estimates on the top and bottom lines but sending shares down more than 11% after hours on slowing revenue growth.

Epsilon Net: Νέα εξαγορά – Απέκτησε το 60% της DIGINET έναντι €1,6 εκατ.

Ο Όμιλος EPSILON NET ανακοινώνει την εξαγορά του 60% της εταιρίας DIGINET Ε.E. που εξειδικεύεται στην ανάπτυξη, διανομή και τεχνική υποστήριξη σύγχρονων φορολογικών & ταμειακών συστημάτων και εξειδικευμένων προϊόντων & λύσεων τεχνολογίας (Technology Distributor).

HP Enterprise Stock Slides as Revenue Comes in Light

Hewlett Packard Enterprise posted mixed results for its fiscal second quarter ended April 30, while slightly reducing guidance for the full year

Αλμα 59,5% στα κέρδη προ φόρων της Epsilon Net το πρώτο τρίμηνο

Ανοδος τζίρου 47% στα 20,7 εκατ. ευρώ, στα 6,42 εκατ. ευρώ τα κέρδη προ φόρων του εισηγμένου ομίλου. Τι εκτιμά η διοίκηση για το υπόλοιπο της φετινής χρήσης.

Workday Stock Is Jumping. Earnings Topped Estimates.

Workday WDAY stock is up sharply in late trading Thursday, after the provider of enterprise HR and financial software posted better than-expected results for the fiscal first quarter ended April 30.

Snowflake slashes forecast due to ‘unsettled demand,’ stock slumps after earnings

Shares of Snowflake Inc. sank nearly 13% in after-hours trading Wednesday after the data-software company topped expectations with its latest results but cut its outlook for the full year.

Intuit Stock Sinks on Fewer Tax Filings. Why It’s Time to Buy.

Intuit INTU shares were falling early on Wednesday after the company’s sales from its TurboTax software took a hit. Wall Street analysts reckon investors should look past that and focus on its raised guidance.

Palo Alto Stock Jumps After Profit Tops Estimates, Margins Improve

Palo Alto Networks shares were gaining ground in late trading Tuesday after the security software company posted fiscal third-quarter results that edged profit expectations.

Zoom Had a Good Quarter. But It’s Still Struggling to Escape Microsoft’s Shadow.

Zoom Video Communications is struggling to join in this year’s rally in technology stocks. Even a surprise earnings beat didn’t seem enough to dispel concerns about lower corporate spending and competition from rivals such as Microsoft.

Alibaba plans to list cloud division as quarterly revenue misses expectations

Alibaba announced plans to spin off its cloud division as a separate, publicly-traded company, while the e-commerce titan’s quarterly revenues missed expectations.

Amazon’s Cloud Business Makes a Big Bet on India. Big Tech Loves the World’s Most Populous Country.

Amazon ’s cloud computing unit plans to invest $12.7 billion in India by 2030 to meet growing demand for cloud services in the world’s most populous country, the company announced Thursday.