Duncan Riley
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Synopsys shares decline as fiscal 2025 outlook falls below analyst expectations
Shares of Synopsys Inc. fell more than 6% in late trading today after the electronic design automation company’s outlook fell short of expectations despite otherwise solid results in its fiscal fourth quarter. For the quarter that ended on Oct. 31, Synopsys reported adjusted earnings per share of $3.40, up from $3 per share in the same ...
SentinelOne shares fall 13% as loss expands despite revenue beat
Shares in SentinelOne Inc. were down around 13% in late trading today after the cybersecurity company reported a widening loss in its most recent quarter and gave a cautious outlook despite reporting beats in other core metrics in its fiscal 2025 third quarter. For the quarter that ended Oct. 31, SentinelOne reported it broke even, up from ...
Threat detection startup Tuskira launches with $28.5M from investors including Intel
Threat detection startup Tuskira today launched with an announcement that it has raised $28.5 million in funding to accelerate product innovation, expand integrations and refine its artificial intelligence technologies for seamless onboarding and improved cybersecurity outcomes. The company was founded by Piyush Sharma, Om Moolchandani and Vipul Parmar, the team behind cloud security company Accurics, ...
SurrealDB’s Surreal Cloud debuts on AWS S3 for scalable multimodel database as a service
Open-source database startup SurrealDB Inc. today announced the launch of Surreal Cloud, a database-as-a-service offering that gives enterprises access to a fully managed solution. It’s for developers who want to leverage the power and flexibility of SurrealDB without the complexities of managing infrastructure. Available on Amazon Web Services Inc.’s S3 platform, Surreal Cloud integrates with the Surrealist graphical ...
Cloud software firm ServiceTitan seeks to raise up to $502M in initial public offering
Cloud business software provider ServiceTitan Inc. today announced the launch of its initial public offering, with the company seeking to raise up to $502 million in an offering of 8.8 million shares priced between $52 and $57 each. Founded in 2012, ServiceTitan provides a cloud-based platform tailored to the needs of service businesses such as ...
Okta shares surge over 15% on strong revenue and earnings beats
Shares in Okta Inc. were up over 15% in late trading today after the identity and access management company reported strong beats on revenue and earnings in its fiscal 2025 third quarter. For the quarter that ended on Oct. 31, Okta reported adjusted earnings per share of 67 cents, up from 44 cents in the ...
Salesforce reports mixed third-quarter results, but stock jumps on upbeat forecast
Shares in Salesforce Inc. rose more than 9% in after-hours trading today after the cloud-based software company impressed investors with an upbeat outlook despite reporting mixed results in its fiscal 2025 third quarter. For the quarter that ended on Oct. 31, Salesforce reported adjusted earnings of $2.41, up from $2.11 in the same quarter of ...
PagerDuty teams up with AWS to enhance incident management with generative AI integrations
Analytics and observability firm PagerDuty Inc. today announced new generative artificial intelligence and automation features for its PagerDuty Advance platform, developed in collaboration with Amazon Web Services Inc. Unveiled at the annual AWS re:Invent conference by PagerDuty Chairperson and Chief Executive Officer Jennifer Tejada (pictured below) during AWS CEO Matt Garman’s keynote, the collaboration combines the abilities ...
AWS introduces Amazon Aurora DSQL and DynamoDB enhancements for multi-region workloads
Amazon Web Services Inc. today announced several new capabilities for Amazon Aurora and Amazon DynamoDB, designed to support the most demanding workloads that need to be operated across multiple regions. The new capabilities, debuted at the AWS re:Invent conference in Las Vegas, are focused on supporting multi-region workloads by delivering strong consistency, low latency and ...
AWS expands Amazon S3 with features to support Apache Iceberg and metadata management
Amazon Web Services Inc. announced at its re:Invent conference today significant updates to its Amazon Simple Storage Service that are designed to make S3 the first cloud object store with fully managed support for Apache Iceberg. The move to S3 supporting Apache Iceberg will deliver faster analytics and make it easier to store and manage ...