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Apps

Lyft stock jumps as adjusted earnings top estimates and ride volumes surge

By Duncan Riley May 8, 2025

Shares in Lyft Inc. jumped more than 7% in late trading today after the ride-hailing firm beat earnings expectations, posted record ride volumes and announced a major stock buyback plan that boosted investor confidence.…

Cloud

Rackspace’s operational turnaround accelerates, despite more revenue declines

By Mike Wheatley May 8, 2025

Rackspace Technology Inc. posted its third straight quarterly loss and saw revenue decline in both of its major business segments, but it still delivered a considerable boost to its bottom line in its first-quarter…

Blockchain

Coinbase reports Q1 revenue below expectations with 19% drop in transaction revenue

By Duncan Riley May 8, 2025

Shares in Coinbase Global Inc. declined nearly 3% in late trading today after the cryptocurrency exchange provider missed on revenue in its fiscal first quarter, reported a decline in transaction revenue, and said subscription…

AI

Appian shares rise on better-than-expected first quarter

By Maria Deutscher May 8, 2025

Appian Corp. shares climbed more than 5% in today’s trading session after it reported better-than-expected revenue and earnings for the first quarter. McLean, Virginia-based Appian debuted on the Nasdaq in 2017. The company, which…

Security

Cyber roundup: Cloudflare, NetScout and AvePoint shares rise on steady earnings and solid guidance

By Duncan Riley May 8, 2025

Earnings released today from Cloudflare Inc., NetScout Systems Inc. and AvePoint Inc. saw all three companies deliver reasonably strong results, sending shares higher in after-hours trading. Strong customer growth, improved operating performance and solid…

Emerging Tech

D-Wave delivers surprise adjusted profit after quantum computer sale

By Maria Deutscher May 8, 2025

Quantum computer maker D-Wave Quantum Inc. today posted first-quarter results that topped the consensus estimate across the board. The Palo Alto, California-based company generated $15 million in revenue during the first three months of…

AI

FICO and Bradesco Bank put real-time AI to work in financial services

By Victor Dabrinze May 8, 2025

As AI moves from hype to hard returns, enterprises are zeroing in on real-time AI to drive smarter, faster decisions. No longer confined to back-office experimentation, AI is being embedded into the core of…

Cloud

AWS-Nutanix partnership pushes hybrid cloud to forefront of enterprise IT

By Chad Wilson May 8, 2025

Modern workloads demand a hybrid cloud strategy built for speed, scale and seamless migration. As enterprise infrastructure becomes more distributed and application demands escalate, hybrid cloud is no longer a future option, it’s a…

AI

SAS builds on agentic offerings with industry-specific models, better governance

By Devony Hof May 8, 2025

The new star on the artificial intelligence scene is agentic AI, a shift SAS Institute Inc. saw coming. The company calls the “decisioning space,” or software based on autonomous AI agents, its “bread and…

Infra

Dell and Nutanix reimagine modern IT to simplify the stack

By Victor Dabrinze May 8, 2025

Enterprise IT operations are entering a new era of streamlined IT, where simplicity and efficiency take precedence over complexity. That same philosophy is now shaping how technology vendors develop and deliver new capabilities to…

the latest

Lyft stock jumps as adjusted earnings top estimates and ride volumes surge

Coinbase reports Q1 revenue below expectations with 19% drop in transaction revenue

Appian shares rise on better-than-expected first quarter

Cyber roundup: Cloudflare, NetScout and AvePoint shares rise on steady earnings and solid guidance

D-Wave delivers surprise adjusted profit after quantum computer sale

FICO and Bradesco Bank put real-time AI to work in financial services

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