Author: Advanced AI Editor
Digital transformation consultancy Grid Dynamics (NASDAQ:GDYN) beat Wall Street’s revenue expectations in Q1 CY2025, with sales up 25.8% year on year to $100.4 million. The company expects next quarter’s revenue to be around $101 million, close to analysts’ estimates. Its non-GAAP profit of $0.11 per share was 28.7% above analysts’ consensus estimates. Is now the time to buy GDYN? Find out in our full research report (it’s free). Revenue: $100.4 million vs analyst estimates of $98.44 million (25.8% year-on-year growth, 2% beat) Adjusted EPS: $0.11 vs analyst estimates of $0.09 (28.7% beat) Adjusted EBITDA: $14.61 million vs analyst estimates of…
(Bloomberg) — President Donald Trump’s flurry of artificial intelligence deals during his tour of the Middle East is opening a rift within his own administration as China hawks grow increasingly concerned the projects are putting US national security and economic interests at risk. Most Read from Bloomberg The Trump team has worked out agreements for parties in Saudi Arabia to acquire tens of thousands of semiconductors from Nvidia Corp. and Advanced Micro Devices Inc., while shipments to the United Arab Emirates could top a million accelerators — mostly for projects involving or owned by US companies. Such chips are used…
OpenAI announced on Friday it’s launching a research preview of Codex, the company’s most capable AI coding agent yet. Codex is powered by codex-1, a version of the company’s o3 AI reasoning model optimized for software engineering tasks. OpenAI says codex-1 produces “cleaner” code than o3, adheres more precisely to instructions, and will iteratively run tests on its code until passing results are achieved. The Codex agent runs in a sandboxed, virtual computer in the cloud. By connecting with GitHub, Codex’s environment can come preloaded with your code repositories. OpenAI says the AI coding agent will take anywhere from one…
IBM (IBM, Financials) handed off repetitive HR work to AIand used the savings to hire more people where it counts: engineers, marketers, and sales staff. CEO Arvind Krishna said IBM’s AI tool, AskHR, now takes care of the small stuffapproving vacations, answering pay questionsthings that don’t need a human touch. And while hundreds of HR jobs were phased out, IBM didn’t shrink. It actually grew to 270,300 employees in 2024. The new hires? People who solve problems, think creatively, and work with customersstuff machines still can’t do well. Another AI tool, AskIT, helped lighten the load on IBM’s tech support…
Advertising and marketing company Zeta Global (NYSE:ZETA) reported Q1 CY2025 results topping the market’s revenue expectations , with sales up 35.6% year on year to $264.4 million. The company expects next quarter’s revenue to be around $296.5 million, close to analysts’ estimates. Its non-GAAP profit of $0.09 per share was 22.6% below analysts’ consensus estimates. Is now the time to buy ZETA? Find out in our full research report (it’s free). Revenue: $264.4 million vs analyst estimates of $254.1 million (35.6% year-on-year growth, 4.1% beat) Adjusted EPS: $0.09 vs analyst expectations of $0.11 (22.6% miss) Adjusted Operating Income: $29.03 million…
Bloomberg / Getty Images CoreWeave’s stock has surged nearly 70% from its IPO price in March through Wednesday’s closing bell. CoreWeave (CRWV) reported first-quarter revenue that grew over 400% year-over-year, sending shares higher in extended trading Wednesday. In its first quarterly report since going public in March, the cloud computing company backed by Nvidia (NVDA) posted revenue of $981.6 million, up 420% from a year earlier. Its adjusted net loss was $149.6 million, widening from a $23.6 million loss in the year-ago quarter. “Demand for our platform is robust and accelerating as AI leaders seek the highly performant AI cloud…
Machine vision technology company Cognex (NASDAQ:CGNX) reported revenue ahead of Wall Street’s expectations in Q1 CY2025, with sales up 2.5% year on year to $216 million. On the other hand, next quarter’s revenue guidance of $245 million was less impressive, coming in 0.6% below analysts’ estimates. Its non-GAAP profit of $0.16 per share was 19.4% above analysts’ consensus estimates. Is now the time to buy CGNX? Find out in our full research report (it’s free). Revenue: $216 million vs analyst estimates of $212 million (2.5% year-on-year growth, 1.9% beat) Adjusted EPS: $0.16 vs analyst estimates of $0.13 (19.4% beat) Adjusted…
SOPA Images/Getty Images Super Micro Computer stock has rallied for two days after an analyst said the stock is in the AI “sweet spot.” Shares extended Tuesday’s rally in early Wednesday trading, bringing its two-day gain to 25%. The stock has been volatile amid issues with financial reports over the last year. The move: Super Micro Computer shares rallied as much as 20% on Wednesday, adding to its 16% gain on Tuesday. The rally on Wednesday brings the total two-day gain to as much mas 36%. Shares of the server maker are up 50% year-to-date. Why: Shares embarked on a…
We recently published a list of 12 Best Quantum Computing Stocks to Invest in Now. In this article, we are going to take a look at where International Business Machines Corporation (NYSE:IBM) stands against other best quantum computing stocks to invest in now. When AI first gained widespread attention a few years ago, much of the conversation focused on its potential to boost productivity, streamline data analysis, and improve efficiency within businesses. While AI has certainly made an impact in those areas, its capabilities extend far beyond. Lesser-known but equally important applications of AI include optimizing drug development processes, detecting…
NEW YORK (AP) — Responding to complaints from the tech industry and other countries, the U.S. Department of Commerce has rescinded a Biden-era rule due to take effect Thursday that placed limits on the number of artificial intelligence chips that could be exported to certain international markets without federal approval. “These new requirements would have stifled American innovation and saddled companies with burdensome new regulatory requirements,” the Commerce Department stated in its guidance. President Joe Biden established the export framework shortly before he left office in an attempt to balance national security concerns about the technology with the economic interests…