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26 articles with this tag

Snowflake gains more than 4% on earnings beat as company expands AI push

Snowflake shares rose 4.5% Thursday after the data analytics software company posted stronger-than-expected fourth-quarter results. The company...

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Dell forecasts $15 billion of AI server sales this year

Dell reported fourth-quarter sales that fell short of analysts' estimates but earnings topped Wall Street expectations. Here's how the hardware...

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WBD adds 6.4 million Max subscribers, forecasts 150 million subs by end of 2026

Warner Bros. Discovery said Thursday it added 6.4 million global streaming subscribers in the fourth quarter for a total of 116.9 million...

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Autodesk says it will cut 1,350 employees, or 9% of workforce, to make the most of sales changes

Design software maker Autodesk said Thursday that it will lay off 1,350 employees, which works out to 9% of its workforce. The job cuts follow a...

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Deutsche Bank shares plunge as it drops 2025 cost target

Deutsche Bank posted lacklustre earnings in the last quarter of 2024, as higher litigation costs significantly eroded profit margins.

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Activist Elliott takes a stake in Aspen Technology and pushes back on an offer from Emerson

Company: Aspen Technology (AZPN) Business: Aspen Technology provides industrial software that focuses on helping customers in asset-intensive...

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