Category: Business

Gen reports robust FY2024 results, bullish on cyber safety By Investing.com

In a recent earnings call, Gen Digital Inc (GEN) discussed its financial performance for the fourth quarter and the full fiscal year of 2024. CEO Vincent Pilette and CFO Natalie Derse detailed...

Unity projects growth with new CEO and strategic initiatives By Investing.com

In the recent First Quarter 2024 Earnings Call, Unity Technologies, under the interim leadership of Jim Whitehurst, discussed the company's performance and future outlook, including the transition to new CEO Matt Bromberg....

Guardant Health reports robust growth in Q1 2024 By Investing.com

Guardant Health , Inc. (NASDAQ:) has announced its Q1 2024 financial results, showcasing a 31% increase in total revenue to $168.5 million. This growth is attributed to a surge in clinical...

Microsoft hit with $242 million US verdict in Cortana patent lawsuit By Reuters

By Blake Brittain(Reuters) - Microsoft (NASDAQ:) must pay patent owner IPA Technologies $242 million, a federal jury in Delaware said on Friday after determining that Microsoft's Cortana virtual-assistant software infringed an IPA...

MicroVision targets automotive partnerships amid LiDAR challenges By Investing.com

MicroVision, Inc. (MVIS), a leader in LiDAR technology for automotive applications, reported modest financial results in its latest earnings call while outlining strategic initiatives to secure automotive OEM partnerships and expand into...

Western Midstream beats Q1 expectations, raises distribution By Investing.com

Western Midstream Partners, LP (NYSE: NYSE:) reported first-quarter 2024 earnings that surpassed expectations, bolstered by robust producer activity and increased processing capacity. The completion of Mentone Train III, contributing to an...

CarGurus reports mixed Q1 results, marketplace growth By Investing.com

CarGurus Inc. (NASDAQ:) reported mixed first-quarter 2024 results with a 7% year-over-year decline in consolidated revenue, totaling $216 million. Despite the overall decrease, the company's marketplace segment showed resilience, posting...

Billionaire quant investing pioneer and philanthropist James Simons dies at 86 By Reuters

By Niket Nishant and Svea Herbst-Bayliss(Reuters) -Billionaire investor James Simons, the mathematician and Cold War code-breaker who founded one of the world's most prominent and profitable hedge funds, Renaissance Technologies, has died...
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