CoreWeave beats third-quarter revenue estimates on AI computing boom
(Reuters) -AI cloud provider CoreWeave beat Wall Street estimates for third-quarter revenue on Monday, benefiting from ​surging demand…
Duolingo’s soft bookings forecast overshadows revenue beat, shares plunge
By Akash Sriram (Reuters) -Duolingo forecast fourth-quarter bookings below Wall Street estimates on Wednesday as the company prioritizes…
Data storage firms Western Digital, Seagate soar on AI-driven demand spike
By Shashwat Chauhan (Reuters) -Shares of data storage companies such as Seagate and Western Digital have sharply outperformed…
Broadcom forecasts upbeat fourth-quarter revenue as AI chip demand soars
By Zaheer Kachwala (Reuters) -Broadcom forecast fourth-quarter revenue above Wall Street estimates on Thursday, banking on strong demand…
Salesforce’s weak quarterly revenue forecast signals lagging AI monetization
By Zaheer Kachwala and Juby Babu (Reuters) -Salesforce forecast third-quarter revenue below Wall Street estimates on Wednesday, signaling…