Newsfeeds Archive - Page 23 of 503

1 minute read

Dynatrace CEO Highlights 7-Figure Deals As Q4 Earnings Exceed Expectations, Plans $500M Stock Buyback

May 15, 11:11 AM

Dynatrace reported 21% revenue growth in Q4, beating analyst estimates. Adjusted EPS of $0.30 also beat estimates. Company announces $500M buyback program.

1 minute read

MakeMyTrip CEO Highlights Surge in Travel Demand as Q4 Earnings Exceed Expectations

By Anusuya Lahiri

May 15, 10:34 AM

MakeMyTrip reported Q4 adjusted revenue of $212.53M, beating analyst estimate. EPS of $0.38 also surpassed expectations. Revenues grew due to high travel demand in India. Stock up 194% in the last 12 months.

AWAY

1 minute read

Monday.com Sees Surge in High-Value Customers, Driving Impressive First Quarter Earnings

By Anusuya Lahiri

May 15, 9:19 AM

Monday.com reported strong Q1 results with revenue of $217M (34% Y/Y) and EPS of $0.61 (beat analyst estimates). Outlook for Q2 and 2024 also positive. Stock up 19%.

IXUS

1 minute read

Taiwan Semi Flags High Costs of ASML’s Latest Chip Machines

By Anusuya Lahiri

May 15, 8:32 AM

TSMC expressed concerns about ASML's high-priced advanced chip machines, despite its appreciation for their capabilities. TSMC will stick to older technology for now, citing economic considerations. The company is also building a chip plant in Germany with EU and German support. TSMC reported strong revenue growth in the first quarter.

ASML

1 minute read

Nvidia’s Market Value Nears $2.3T, Boosting CEO’s Pay and Employee Salaries

By Anusuya Lahiri

May 15, 8:18 AM

Nvidia CEO's pay boosted by 60% to $34.2 million due to success in AI market. CFO also saw increase. Company's stock gained 216% last year.

NVDA

1 minute read

EXCLUSIVE: Trinity Capital Invests $25M in Elevate K-12 to Support Expansion of Live Online Teaching

By Anusuya Lahiri

May 15, 7:00 AM

Trinity Capital Inc (NASDAQ: TRIN) commits $25 million to Elevate K-12 for growth initiatives. This will help solve teacher vacancies and expand services.

TRIN

2 minute read

EXCLUSIVE: REE Partners with Penske to Launch P7-C EV Trucks, Enhancing Fleet Electrification Options

By Anusuya Lahiri

May 15, 6:30 AM

REE Automotive partners with Penske Truck Leasing to offer Powered by REE EVs to customers, adding momentum to their $50 million order book.

REE

2 minute read

D-Wave Quantum’s Fast Anneal To Boost Quantum Processing And Drive Customer Growth, Analysts Say

By Anusuya Lahiri

May 14, 2:54 PM

Needham analyst reiterates Buy rating and $2.5 price target for D-Wave Quantum. Q1 revenues of $2.5M, bookings up 54%. New fast anneal feature introduced.

QBTS

1 minute read

Google I/O 2024 To Spotlight AI Innovations And New Monetization Opportunities, Analyst Says

By Anusuya Lahiri

May 14, 2:05 PM

KeyBanc analyst reiterates Buy rating on GOOGL with $200 PT. Expects Google I/O to showcase scale & AI opportunities, updates on Android 15, Wear OS, SGE, Cloud. Sees potential for monetizing non-ad services.

AAPL

1 minute read

Amazon Web Services Undergoes Leadership Change, Matt Garman to Take Over as CEO

By Anusuya Lahiri

May 14, 1:34 PM

Amazon (AMZN) stock down as Matt Garman replaces Adam Selipsky as AWS CEO. AWS's 2021 job cuts aimed for digital self-service training. $143.3B Q1 sales, $100B annual run rate. Dominant in cloud market and AI. Gain exposure through XLY and FDIS. AMZN -0.84% at $185.00

AMZN