Page 910 – SiliconANGLE

AI

Federal court sides with OpenAI in AI copyright lawsuit

By Maria Deutscher Nov 8, 2024

A federal court has dismissed a copyright lawsuit that two news outlets brought against OpenAI earlier this year. U.S. District Judge Colleen McMahon issued the ruling on Thursday. The plaintiffs, Raw Story Media Inc.…

AI

Is generative AI hitting a ceiling? Maybe, but investors don’t care

By Robert Hof Nov 8, 2024

Of course the presidential election looms over everything, and I’ll just say one thing: Any executives or investors counting on President-elect Donald Trump keeping the vast majority of promises he has made are not as…

Cloud

Disappointing guidance sends Cloudflare and Akamai stocks lower

By Mike Wheatley Nov 7, 2024

Investors bailed on the cloud content delivery network and security firms Cloudflare Inc. and Akamai Technologies Inc. today after both companies provided tepid guidance in the wake of their third-quarter results. Cloudflare’s stock was…

AI

Amazon reportedly mulls another multibillion-dollar investment in Anthropic – but with an added twist

By James Farrell Nov 7, 2024

Amazon.com Inc. is ready for another hefty investment in the San Francisco-based generative artificial intelligence startup Anthropic PBC, one of the main rivals of OpenAI. The report today in The Information follows a report in late September…

Cloud

JFrog’s stock stutters on lukewarm guidance, despite accelerating revenue and customer wins

By Mike Wheatley Nov 7, 2024

Software supply chain platform provider JFrog Ltd. beat expectations and raised its full-year guidance, but that wasn’t enough to satisfy Wall Street watchers, and its stock headed lower after-hours. The company reported third-quarter earnings…

Security

Fortinet shares dip despite beating revenue and earnings estimates

By Duncan Riley Nov 7, 2024

Shares in Fortinet Inc. fell 5% in late trading today despite the cybersecurity company exceeding expectations on revenue and earnings in its fiscal third quarter. For the quarter ended Sept. 30, Fortinet reported adjusted…

Blockchain

Block shares slip after-hours amid mixed earnings results

By Duncan Riley Nov 7, 2024

Shares in Block Inc. declined slightly in after-hours trading today after the financial services company fell short on revenue in its fiscal third-quarter but reported slightly better-than-expected earnings. For the quarter ended Sept. 30,…

AI

Arista Networks beats expectations and offers strong guidance on AI demand

By Mike Wheatley Nov 7, 2024

Shares of Arista Networks Inc. fell more than 6% in late-trading after the company delivered strong third-quarter earnings and revenue and offered guidance that came in above expectations. The company reported earnings before certain…

Cloud

Dynatrace shares close lower despite strong second quarter

By Maria Deutscher Nov 7, 2024

Dynatrace Inc. ended today’s trading session with its shares down almost 4% after reporting quarterly results that exceeded the consensus estimate. The Waltham, Massachusetts-based observability provider also upgraded its full-year revenue guidance. Dynatrace provides…

Cloud

Five9 shares surge over 20% following strong quarter and upgraded guidance

By Duncan Riley Nov 7, 2024

Shares in Five9 Inc. jumped more than 20% in late trading today after the call center software provider reported third-quarter results and guidance ahead of analyst expectations. For its fiscal third quarter ended Sept. 30, Five9…

all stories

Federal court sides with OpenAI in AI copyright lawsuit

Is generative AI hitting a ceiling? Maybe, but investors don’t care

Amazon reportedly mulls another multibillion-dollar investment in Anthropic – but with an added twist

Fortinet shares dip despite beating revenue and earnings estimates

Block shares slip after-hours amid mixed earnings results

Arista Networks beats expectations and offers strong guidance on AI demand

Dynatrace shares close lower despite strong second quarter

Five9 shares surge over 20% following strong quarter and upgraded guidance

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