Philips Names Company Insider Roy Jakobs As New CEO, Succeeding Frans van Houten
Roy Jakobs is proposed to succeed Frans van Houten as Koninklijke Philips NV (NYSE:PHG) CEO effective October 15. Houten’s third term as…
Court Orders Twitter To Hand Over Former Exec’s Relevant Spam/Bot Account Documents To Elon Musk
The court ordered Twitter Inc (NYSE:TWTR) to provide Tesla Inc (NASDAQ: TSLA) chief Elon Musk with documents from a former Twitter executive whom…
HUYA Tops Q2 Despite Macro Headwinds; Margin Shrinks
HUYA Inc (NYSE:HUYA) reported a second-quarter FY22 revenue decline of 23.2% year-on-year to $339.68 million, beating the consensus of $335.88 million.…
IT Spending, Public Cloud, Observability, Cybersecurity Demand For 2023 Is Concerning According To This Analyst
Mizuho analyst Gregg Moskowitz recently hosted a conference call with a senior account executive at a large tech transformation vendor.
The expert cited a generally softer demand environment in April and May due to macro challenges. He became bullish in recent months, characterized by solid demand in June and July.
What A Bill Paying Firm And Online Tutoring Co. Nerdy’s Upcoming Earnings May Look Like, According to An Analyst
June quarter earnings wrapped up in Needham's universe this week with three companies reporting, Bill.com Holdings, Inc (NYSE: BILL), Global-E Onl
‘Investor Anxiety’ On Software Stocks Prevails, But This Analyst Sees Hope In A Few Stocks, With Questions Around Others — Like Palantir
On average, software companies beat Q2 revenue estimates by 2% and profitability expectations by 5%, RBC analyst Matthew Hedberg said.
Q3 was guided lower for both revenue and profitability while stocks moved on average 2.1% higher the day following earnings.
Unity Software Rejects Unsolicited Proposal From Applovin
Unity Software Inc (NYSE:U) unanimously rejected the unsolicited proposal from Applovin Corp (NASDAQ:APP) without expecting any superior proposal. Unity reaffirmed its allegiance to ironSource…
VerifyMe Beats Q2 Revenue Backed By PeriShip Synergies
VerifyMe, Inc (NASDAQ:VRME) reported second-quarter FY22 revenue growth of 3,527% year-on-year to $4.5 million, beating the consensus of $3 million. The…
AmpliTech Shares Gain On Q2 Beat, Guidance Boost
AmpliTech Group, Inc (NASDAQ:AMPG) reported second-quarter FY22 revenue growth of 347.5% year-on-year to $4.58 million, beating the consensus of $4.10 million.…
Bill Gates Backed TerraPower Raised $750M For Cheaper Nuclear To Tackle Global Warming, Cut Costs
Microsoft Corp (NASDAQ: MSFT) co-founder Bill Gates-backed TerraPower LLC raised $750 million to develop small-scale nuclear reactors, including a significant investment from…