Juby Babu
- Indexed articles, last 90 days
- 9
- Latest publication
- Aug 26, 2026
- Outlet visibility, for Thestar
- Top 5K sites
- Earliest in this view
- Jul 22, 2026
Latest articles
Salesforce raises annual forecasts, expands AI partnership with Anthropic (opens the original)
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Aug 26 (Reuters) - Salesforce lifted its annual revenue and profit forecasts on Wednesday and rolled out a new plug-in combining its capabilities with Anthropic's Claude AI models, sending its shares up 14% in extended trading. Dubbed "Claudeforce", the initiative marks an expansion in the companies' partnership, first struck in June, and comes as Salesforce grapples with deeply negative sentiment on software stocks as investors worry about the threat from AI disruption. Salesforce, which is als
Intuit's annual forecast falls short of estimates as it prioritizes customer growth (opens the original)
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Aug 25 (Reuters) - Intuit forecast annual revenue below Wall Street expectations on Tuesday, as the TurboTax maker said its push for customer growth and market-share gains would weigh on near-term sales. Shares of the company, which have fallen more than 44% so far this year, were down over 10% in extended trading. The enterprise software provider forecast fiscal 2027 revenue of $23.28 billion to $23.51 billion, representing 9% to 10% growth — a slowdown from 14% in 2026 and below analysts'
Applied Materials forecasts revenue above estimates, shares fall on high expectations (opens the original)
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Aug 13 (Reuters) - Applied Materials forecast fourth-quarter revenue above Wall Street expectations on Thursday, betting that unabated demand for advanced AI chips will continue to fuel robust spending on its semiconductor manufacturing equipment. Even so, its shares dropped more than 5% in extended trading as lofty investor expectations overshadowed the results. The stock has more than doubled this year. Expectations are elevated as the chip equipment maker reports after peers Lam Research a
Cisco forecasts annual revenue above estimates on sustained AI spending (opens the original)
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Aug 12 (Reuters) - Cisco Systems forecast fiscal 2027 revenue above Wall Street expectations on Wednesday, signaling confidence that strong demand for its AI networking gear will continue to power growth. Shares of the company, however, fell over 4% after initially rising 3% in extended trading following the results, as investors had lofty expectations heading into the report. Cisco's stock has risen more than 60% so far this year. While the company cleared a high bar, AI infrastructure winne
Super Micro forecasts upbeat annual revenue on data center adoption (opens the original)
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Aug 11 (Reuters) - Super Micro Computer forecast fiscal 2027 revenue above Wall Street expectations on Tuesday, betting that strong demand for its AI-optimized servers would fuel another year of growth, sending its shares up 7% in extended trading. The server maker has benefited from the race to equip data centers for generative AI, thanks to its close ties with chipmakers and reputation for speed-to-market.
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