Workday, the finance and human resources software maker, experienced a 12% surge in shares following the release of its fiscal second-quarter results. The company exceeded analysts’ expectations with an earnings per share of $1.75, higher than the expected $1.65, and revenue of $2.085 billion, surpassing the anticipated $2.071 billion. This remarkable growth was driven by
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Snowflake, a data cloud analytics company, recently released its fiscal second-quarter 2025 earnings report. While the company’s revenue of $869 million exceeded analysts’ expectations, the stock price still fell by 13%. This drop was primarily due to the decelerating product revenue growth compared to previous quarters. Snowflake reported a 30% year-over-year increase in product revenue,
The Chinese government recently expressed disapproval of the European Union’s decision to lower tariffs on electric vehicle imports, including those from major automakers like Tesla. According to a Ministry of Commerce spokesperson, Beijing believes that the EU’s investigation into China’s subsidies for the electric vehicle industry has led to biased conclusions. The spokesperson also accused
OpenAI recently announced a collaboration with Condé Nast, a prominent media company, to incorporate its AI products such as ChatGPT and SearchGPT with content from various renowned outlets including Vogue, The New Yorker, GQ, and Wired. This partnership aims to provide users with faster and more accurate search results, allowing them to access reliable information
British fintech startup Revolut made waves in the financial world with its announcement of being valued at an impressive $45 billion in a recent secondary share sale with both existing and new investors. This valuation, a significant jump from the $33 billion it held just months ago, is a testament to the company’s strong financial
Investment scams are becoming increasingly prevalent in the United States, with more and more Americans falling victim to fraudulent schemes that result in substantial financial losses. One particular type of scam, known as “pig butchering,” has gained notoriety for the intricate tactics used by fraudsters to deceive their targets. This deadly form of financial fraud
In today’s world, the question of what constitutes a thought is not just a philosophical inquiry. With advancements in technology, particularly in the collection and interpretation of brainwaves, our thoughts are becoming increasingly measurable and subject to technical analysis. The issue at hand is that this data is now being commodified, with companies in the
In a groundbreaking move, Epic Systems has announced plans to shift all its customers to a new government-backed medical records exchange by the end of the next year. This decision comes as part of the company’s commitment to the Trusted Exchange Framework and Common Agreement (TEFCA), which aims to establish a secure platform for sharing
A recent study conducted by the Center for Countering Digital Hate (CCDH) has shown that Instagram has not effectively removed toxic comments directed at Vice President Kamala Harris and other prominent female politicians as the 2024 election approaches. The non-profit organization has been monitoring various internet platforms to evaluate how they handle hate speech on
Cisco recently announced a major restructuring plan that involves cutting 7% of its global workforce. Despite this, the company reported quarterly results that exceeded analysts’ estimates. The earnings stood at 87 cents per share, adjusted, as opposed to the expected 85 cents per share. Additionally, the revenue reached $13.64 billion, surpassing the expected $13.54 billion.