Zoom Stock Is Tumbling. After Earnings, Analysts Are Upbeat on AI Initiatives.
Videoconferencing firm Zoom expects second-quarter revenue of $1.145 billion to $1.15 billion, shy of the $1.151 billion analysts had expected.
Videoconferencing firm Zoom expects second-quarter revenue of $1.145 billion to $1.15 billion, shy of the $1.151 billion analysts had expected.
The Canadian filmmaker has something to say about the current state of the cinema industry
Cloud-based cybersecurity startup Netskope has crossed more than $500 million in annual recurring revenue and will focus on becoming profitable with no immediate plan to go public this year, its CEO told Reuters. Chief Executive Sanjay Beri said the company has been making internal preparations for an initial public offering (IPO) but there was no rush in an election year. A source close with the matter said it would take about 18 to 24 months for Netskope - one of the highest-valued cybersecurity startups - to get ready for an IPO.
OLDWICK, N.J., June 03, 2024--Video playback and a transcript are now available for AM Best’s complimentary webinar, "Key Insights for the Road Ahead: Top 5 Auto Insurance Trends of 2023," sponsored by LexisNexis Risk Solutions. Access them here.
Top Savile victims’ lawyer blasts politicans over failure to act on inquiry, warning they ‘fear accountability’
The electric-vehicle maker argued that his pay package - one of the biggest in corporate America - motivated Musk to create "tremendous value" for shareholders. This was in response to Institutional Shareholder Services (ISS) last week calling the pay "excessive", while raising concern over Tesla offering its shareholders an "all or nothing" option ahead of a vote at their annual meeting on June 13.
A back-up power plant at an ex-brickworks in Gwynedd is part of renewables switch, developers say.
Despite not knowing one another for decades, Karen Sandine and Jennifer Johnson already share a bond — and similar smiles
Cryptocurrency News: Cryptocurrency prices rose Monday as bitcoin climbed above $69,600 while ethereum trended toward $3,850. The Securities and Exchange Commission on May 23 approved 19b-4 forms for eight ether ETF applications, paving the way for spot ethereum ETFs to launch later this year. The SEC did not provide a timetable for a judgement on the S-1 filings.
'Descendants' director Kenny Ortega tells PEOPLE the late actor was "the most generous and delightful, loving, kind person"
NEW YORK, June 03, 2024--Saba Capital Income & Opportunities Fund II (NYSE: SABA) (the "Fund"), a registered closed-end management investment company listed on the New York Stock Exchange, declared a monthly dividend of $0.029 per share on May 31, 2024, payable on June 20, 2024 to shareholders of record as of June 11, 2024.
NEW YORK, June 03, 2024--Politan Capital Management (together with its affiliates, "Politan"), an 8.9% shareholder of Masimo Corporation ("Masimo" or the "Company") (NASDAQ: MASI), today announced that it has filed a preliminary proxy statement with the U.S. Securities and Exchange Commission in connection with its nomination of two independent candidates for election to the Masimo Board of Directors (the "Board") at the upcoming 2024 Annual Meeting of Stockholders (the "Annual Meeting"), which
MELVILLE, N.Y., June 03, 2024--Verint® (NASDAQ: VRNT), The CX Automation Company™, announced today a leading regional healthcare insurer has selected Verint to deploy AI business outcomes, now.
NEW YORK, June 03, 2024--Saba Capital Income & Opportunities Fund (NYSE: BRW) (the "Fund"), a registered closed-end management investment company listed on the New York Stock Exchange, declared a monthly dividend of $0.085 per share on May 31, 2024, payable on June 28, 2024 to shareholders of record as of June 11, 2024.
Merger and acquisition news sent several stocks, including media company Paramount Global, higher early Monday. Meanwhile, a medical-waste-disposal company was positioned for a possible breakout on acquisition reports. Paramount stock bolted more than 6% higher during premarket action on Monday following reports Hollywood studio Skydance is looking to buy a number of nonvoting Paramount shares at around $15 per share.
Rouven L’s colleagues paid tribute to their fallen comrade, removing their hats during a gathering on Sunday at the site of the attack
Bia released a snippet of a diss track aimed at Cardi B, with allegations that her peer cheated on husband Offset.
Gross Margin Improvement of 235 bps46.2% in Q1/2024, Up From 43.9% in Q1/2023Adjusted Gross Margin Improvement of 265 bps49.8% in Q1/2024, Up From 47.1% in Q1/2023 “Reshaping Nano Initiative” Taking Effect with 75% Improvement in Net Cash Burn$7.0M in Q1/2024, Compared to $27.4M in Q1/2023 Outstanding Shares Reduced by 15% to 219 Million, Over the Last 15 Months Strong Capital Position and Cash Management Keeps Company On Previously Announced Path of Net Cash Burn for 2024 to be $12-20M Conferen
Voss Capital, LLC an investment management company, released its first-quarter 2024 investor letter. A copy of the letter can be downloaded here. Voss Capital’s funds, Voss Value Fund, LP, and the Voss Value Offshore Fund, Ltd returned +9.2% and +9.0% to investors net of fees and expenses respectively, in the first quarter compared to a +5.2% […]
GameStop stock surged as its biggest booster late Sunday appeared to reveal a new bold bet on the video game retailer.
NEW YORK, June 03, 2024 (GLOBE NEWSWIRE) -- EXL [NASDAQ: EXLS], a leading data analytics and digital operations and solutions company, today announced that it has been named a Leader in the 2024 Gartner Magic Quadrant for Finance and Accounting (F&A) Business Process Outsourcing (BPO). The Gartner research report evaluated 18 F&A service providers according to a uniform set of criteria, placing companies into four Quadrants: Leaders, Visionaries, Niche Players and Challengers. Gartner defines Le