Alphabet aka Google (Nasdaq: GOOG) recently reported its second quarter results that beat analyst estimates driven by strong and profitable growth in Google Cloud. Its quarterly Cloud revenues crossed the $10 billion mark for the first time and operating income crossed the $1 billion mark.
IBM (NYSE: IBM) recently announced strong results for its second quarter that surpassed analyst estimates driven by a boost in its AI business.
Inbound marketing specialist HubSpot (NYSE:HUBS) recently reported its first-quarter results that continued to outpace market expectations. The company is seeing strong interest in the market because of talks about its acquisition by Google.
Earlier last month, enterprise cloud computing player Nutanix (Nasdaq: NTNX) announced its third quarter results that surpassed market expectations. But the depressing outlook driven by macro conditions sent the stock falling 22% in the after-hours trading session.
According to a recent research report, the AI cybersecurity market is expected to grow to $102.78 billion by 2032. AI may be beneficial to enterprises, but it is also being used for evasive zero-day attacks that traditional security solutions cannot detect. Palo Alto Networks (NYSE: PANW) is looking to tackle this by securing AI-led attacks across
Last week was not a great one for Salesforce (NYSE: CRM) when it announced its first quarter results. The disappointing performance, coupled with a rather weak outlook sent the stock falling 20% in the after-hours trading session. It was the worst day for the stock in the past 20 years.
MongoDB (Nasdaq: MDB) recently reported its first quarter results that surpassed market expectations. However, the weaker outlook for the year and the second quarter sent the stock 23% down in the after-hours trading session.
Accounting software solution provider BlackLine (NASDAQ: BL) recently announced its first quarter results that outpaced market expectations. BlackLine continued to add innovative AI-based capabilities to its offerings.