Browsing Tag
San Jose
24 posts
Adobe revenue hit a record $6.62bn. Why is Anil Chakravarthy replacing Shantanu Narayen now?
Adobe has selected Customer Experience Orchestration leader Anil Chakravarthy to succeed Shantanu Narayen as chief executive officer as record revenue collides with investor anxiety over whether generative AI will strengthen or disrupt the software giant.
Zscaler revenue grew 25%. Why is it cutting 3% of its workforce to invest more in AI?
Zscaler is cutting approximately 3% of its global workforce and taking up to $33 million in restructuring charges even as fiscal fourth-quarter revenue and annual recurring revenue both grow 25%, with management explicitly redirecting resources toward artificial intelligence and growth initiatives.
Super Stacked Sunday lifts Americas Cardroom as Run Up Series finishes 8% above guarantee
Americas Cardroom’s Run Up Series finished above its $10 million guarantee, but a sizeable $33 Main Event overlay shows how sharply online poker liquidity can vary across buy-in tiers.
Legence revenue doubles to $1.26bn as AI data-center boom pushes backlog to record $5.7bn
Legence revenue surged 111% and backlog hit $5.7 billion as AI data-center demand soared. See why higher guidance failed to lift shares.
Etched raises $300m as $10.3bn valuation tests AI inference chip economics
Etched’s $300 million Series C gives the AI chip startup fresh capital to scale its Sohu inference systems, but the valuation depends on whether specialised hardware can break NVIDIA’s grip on data-centre computing.
Altera targets eventual IPO after Silver Lake-backed turnaround accelerates
Altera is growing again after separating from Intel, with AI infrastructure, robotics and edge systems creating a possible route towards an eventual public listing.
Zoom targets buyer intelligence and AI revenue agents with Common Room acquisition
Zoom’s Common Room acquisition strengthens ZM’s AI revenue platform with buyer intelligence, GTM signals and revenue agents.
Supermicro (SMCI) stock slide exposes the hidden funding strain behind AI server demand
Find out why Supermicro’s $7bn financing plan hit SMCI stock despite $39bn in AI server orders and what it means for investors.
Momentus (NASDAQ: MNTS) jumps 65% as space play turns story into revenue
Momentus killed its going-concern warning and grew revenue 9x. The harder question is whether a 65% squeeze is buying the turnaround or the top.
Cognizant (CTSH) to acquire Astreya as AI infrastructure demand reshapes managed services strategy
Cognizant needs AI growth while IT services demand softens. Astreya could test whether CTSH can turn infrastructure into margin leverage.