Software Developer SolarWinds Stock Shines After Q1 Earnings – Here’s Why
SWI Q1 2024 revenue up 4% to $193.31M, beating analyst estimates. Adjusted EPS of $0.29 also beat estimates. Subscription revenue up, license revenue down.
Cloud Computing Firm Appian Stock Nosedives After Q1 Print, What’s Going On?
Appian Corp reported 11% Y/Y revenue growth in Q1 2024, slightly beating analyst consensus. EPS loss of $(0.24) missed expectations. Stock price dropped 9%.
Intel Stock Encounters A Death Cross As Chipmaker Struggles To Turn Around
Intel's stock plunges 31% in April, facing challenges in executing turnaround plan. Uncertainty remains, but long-term potential seen by analysts.
Grand Theft Auto Parent Shuts Two Iconic Game Studios as Part of Sweeping Layoffs
Take-Two Interactive Software Inc plans to shut down two subsidiaries, Roll7 and Intercept Games, affecting 70 jobs as part of mass layoffs.
Nvidia Supercharges AI Chatbot with Advanced Models From Google and OpenAI
Nvidia Corp (NASDAQ: NVDA) updates ChatRTX chatbot with more AI models for RTX GPU owners, expanding features and voice query capabilities.
S&P Dials Down Tesla’s Governance Score Amid Concerns Over Elon Musk’s Dominance — But Retains ‘BBB’ Credit Rating
Ratings agency S&PÂ on Wednesday lowered the management and governance score on EV giant Tesla Inc. (NASDAQ:TSLA) from neutral…
Microsoft’s Fear Of Google’s AI Dominance Led To OpenAI Investment, Internal Email Reveals: ‘We’re Multiple Years Behind The Competition’
An internal email revealed that Microsoft's investment in OpenAI was driven by concerns about falling behind Google in AI capabilities, as disclosed in a Justice Department antitrust case against Google, showing Microsoft's strategic move to close the gap in AI development and innovation.
Will Apple Crack AI Code And Spark Investor Optimism? Tim Cook’s Tech Strategy In Focus Amid Expected Q2 Slump
The rough patch could continue for Apple, reflecting economic shakiness, which could hit its consumer-focused products.
Despite Surge In Tesla Stock, Investment Director Stresses Concerns Over Fundamentals And Demand: ‘Bottom Line…Fundamentals Are Not Good’
Hawtin also highlighted potential demand issues stemming from Tesla's aggressive price cuts, which have led to a drop in used car values and could result in higher leasing costs.
Toyota Goes All In On Hydrogen As California R&D Office Transforms Into H2HQ
Toyota's move to establish the H2HQ in California aligns with its attempts at bringing all hydrogen-related work under one roof in other geographies.