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KLA forecasts fiscal Q1 revenue above estimates after strong quarter

(Reuters) - KLA Corp forecast revenue and profit for its fiscal first quarter above expectations after posting better-than-expected results for the preceding three months on Wednesday, sending its

Teradyne forecasts quarterly revenue below estimates on weak demand; shares fall

(Reuters) - Teradyne forecast third-quarter revenue below Wall Street estimates on Wednesday, signaling sluggish demand for its semiconductor-testing equipment and sending its shares down more than 7%

ServiceNow raises annual subscription revenue forecast on robust demand

(Reuters) - ServiceNow raised its full-year subscription revenue forecast on Wednesday as its enterprise customers adopt artificial intelligence-enabled cloud-based software. ServiceNow's shares were

US spot ether ETFs make market debut in another win for crypto industry

(Refiles to describe Galaxy Research as the research arm of Galaxy Asset Management in paragraph 18) By Hannah Lang and Suzanne McGee (Reuters) -U.S. exchange-traded funds (ETFs) tied to the price of

Tyler Technologies raises annual forecasts on IT services demand

(Reuters) - Tyler Technologies raised its full-year revenue and profit forecasts on Wednesday, helped by robust demand in the public sector for its IT software and services. The company provides

IBM beats quarterly revenue estimates on software strength, AI demand

(Reuters) - IBM beat analysts' estimates for second-quarter revenue on Wednesday, riding on strong demand for its software and higher AI-linked spending by clients looking to tap the booming

No sign Microsoft plans to limit Crowdstrike access to Windows after outage, source says

WASHINGTON (Reuters) - There is no sign Microsoft Corp plans to limit Crowdstrike's access to the Windows operating system, a person familiar with the issue said, after a global tech outage caused by

KKR-backed OneStream surges in market debut

By Pritam Biswas and Echo Wang (Reuters) -Shares of financial software maker OneStream, backed by private equity firm KKR, rose nearly 30% in their Nasdaq debut on Wednesday, valuing the company at

Lyft officials settle lawsuit over sexual assaults by drivers

By Jonathan Stempel (Reuters) - Lyft will implement several safety and governance reforms to settle a shareholder lawsuit accusing the ride-sharing company's officers and directors of not doing enough

OneStream’s shares rise nearly 30% in market debut

(Reuters) -KKR-backed OneStream's shares rose nearly 30% in their Nasdaq debut on Wednesday, signaling investor demand for fresh offerings in 2024. OneStream's shares began trading at $26 apiece,

On Camera

Hassan Nasrallah’s assassination underlines Israel’s military supremacy. Will it win peace?

Israeli Prime Minister Benjamin Netanyahu has no intention of being drawn into another attritional war with Hezbollah. His commanders they are unlikely to win.

10 yrs ago, battery leasing failed to boost demand for EV cars in India. Now, it’s making a comeback

Under this model, battery is provided to EV owners on a subscription basis or lease. With more people open to buying EV cars, the lower upfront cost could likely drive wider acceptance.

Morocco signs pact with Tata for joint manufacture of WhAP Infantry Fighting Vehicle

The armoured platform is India's first amphibious infantry combat wheeled vehicle. Last year, the Royal Moroccan Armed Forces had procured 90 military trucks from the Tata Group.

Islam doesn’t kill democracy. The army-Islam combo does

How come Indonesia, Malaysia, Turkey and Sri Lanka remain constitutional, democratic and stable despite Islam and Buddhism respectively, but Pakistan, Bangladesh and Myanmar don’t?