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Gartner raises profit forecast on strong AI service demand
Gartner IT.N on Tuesday raised its annual profit forecast driven by steady demand for its research and advisory services, as companies continue to assess technology upgrades and AI adoption plans.Gartner's research has become critical in technology planning and vendor evaluation processes acros...Reuters
Tue, May 5
CORRECTED-Ferrari posts 4% earnings rise in first quarter on premium models, guidance unchanged
MILAN, May 5 (Reuters) - Luxury sportscar maker Ferrari RACE.MI said on Tuesday its core earnings rose 4% in the first quarter, thanks to higher demand for personalisations of its vehicles and sales of higher price models such as the F80 supercar.The company said its earnings before interest, taxes,...Reuters
Tue, May 5
Cogent Biosciences Q1 net loss widens on higher expenses
OverviewU.S. biotech firm's Q1 net loss widened yr/yr on higher R&D and G&A expensesCompany ended Q1 with $866.4 mln in cash, expects runway into 2028Cogent preparing for dual launches of bezuclastinib in SM and GIST, pending FDA approvalsOutlookCompany expects to launch bezuclastinib fo...Reuters
Tue, May 5
Aptiv's first-quarter profit, sales rise on auto parts demand
May 5 (Reuters) - Aptiv PLC APTV.BN reported a rise in first-quarter profit and revenue on Tuesday, helped by sustained demand for auto parts. Demand for auto parts, especially advanced driver-aid systems that Aptiv specializes in, has remained strong as more global automakers integrate self-dr...Reuters
Tue, May 5
Young Europeans turn to AI chatbots for emotional support, survey shows
By Lucie Barbier and Leo Marchandon May 5 (Reuters) - Nearly one in two young people in Europe have used AI chatbots to discuss intimate or personal matters, as the technology increasingly serves as a source of emotional support, an Ipsos BVA survey showed on Tuesday.Of the 3,800 people surveyed,...Reuters
Tue, May 5
Eaglenxt Receives Additional Order For Ebee Vision Isr Systems From U.S. Army’S 7Th Army Training Command
May 5 (Reuters) - Ageagle Aerial Systems Inc UAVS.A:EAGLENXT RECEIVES ADDITIONAL ORDER FOR EBEE VISION ISR SYSTEMS FROM U.S. ARMY’S 7TH ARMY TRAINING COMMANDAGEAGLE AERIAL SYSTEMS INC - EAGLENXT ANNOUNCES SALE OF THREE EBEE VISION UAS KITS TO U.S. ARMYReuters
Tue, May 5
Senegal's bonds drop after president says ruling party "risks collapsing"
NAIROBI, May 5 (Reuters) - Senegal's international bonds dropped by as much as 1.2 cents on Tuesday after President Bassirou Diomaye Faye said the ruling party is on a path that could lead to its downfall.The 2031 maturity XS2838363476=TE was being bid for 59.00 cents on the dollar, having shed ...Reuters
Tue, May 5
IPG Photonics Announces Global Settlement Of Patent Litigation With Trumpf
May 5 (Reuters) - IPG Photonics Corp IPGP.O:IPG PHOTONICS ANNOUNCES GLOBAL SETTLEMENT OF PATENT LITIGATION WITH TRUMPFIPG PHOTONICS CORP: ENTERED INTO AGREEMENT WITH TRUMPF LASER- UND SYSTEMTECHNIK SE TO RESOLVE, DISMISS ALL PATENT LITIGATION WORLDWIDE BETWEEN PARTIESReuters
Tue, May 5
Zentalis Pharmaceuticals Announces First Patient Dosed In Aspenova Phase 3 Trial Of Azenosertib In Patients With Cyclin E1-Positive Platinum-Resistant Ovarian Cancer
May 5 (Reuters) - Zentalis Pharmaceuticals Inc ZNTL.O:ZENTALIS PHARMACEUTICALS ANNOUNCES FIRST PATIENT DOSED IN ASPENOVA PHASE 3 TRIAL OF AZENOSERTIB IN PATIENTS WITH CYCLIN E1-POSITIVE PLATINUM-RESISTANT OVARIAN CANCERZENTALIS PHARMACEUTICALS INC - EXPECTS DENALI PART 2 TOPLINE READOUT BY YEAR-END ...Reuters
Tue, May 5
Blackstone Mortgage Trust Announces Offering Of Senior Secured Notes
May 5 (Reuters) - Blackstone Mortgage Trust Inc BXMT.N:BLACKSTONE MORTGAGE TRUST ANNOUNCES OFFERING OF SENIOR SECURED NOTESBLACKSTONE MORTGAGE TRUST INC - COMMENCES $450 MILLION SENIOR SECURED NOTES OFFERING DUE 2031Reuters
Tue, May 5
Microsoft, xAI and Google will share AI models with US govt for security reviews
May 5 (Reuters) - Microsoft MSFT.O, Alphabet-owned GOOGL.O Google and Elon Musk's xAI will give the U.S. government early access to new artificial intelligence models before their public release to allow checks for national security risks under a new deal.The Center for AI Standards and Innovati...Reuters
Tue, May 5
Peabody Energy posts Q1 loss
OverviewU.S. coal producer posts Q1 lossCenturion mine commissioning delays impacted metallurgical segment resultsOutlookPeabody expects Q2 seaborne thermal coal volume of 3.0 mln tons, costs $57–$62/tonCompany sees Q2 seaborne metallurgical coal volume at 2.3 mln tons, costs $145–$150/tonResult Dri...Reuters
Tue, May 5
Solaris Energy Infrastructure Announces Offering Of $1.3 Billion Of Senior Notes Due 2031
May 5 (Reuters) - Solaris Energy Infrastructure Inc SEI.N:SOLARIS ENERGY INFRASTRUCTURE ANNOUNCES OFFERING OF $1.3 BILLION OF SENIOR NOTES DUE 2031SOLARIS ENERGY INFRASTRUCTURE INC - PROCEEDS TO REPAY BORROWINGS, PAY FEES, AND FUND GROWTH CAPITAL EXPENDITURESReuters
Tue, May 5
Pnc Announces Redemption Of 4.543% Senior Fixed Rate/Floating Rate Notes Due May 13, 2027
May 5 (Reuters) - PNC Financial Services Group Inc PNC.N:PNC ANNOUNCES REDEMPTION OF 4.543% SENIOR FIXED RATE/FLOATING RATE NOTES DUE MAY 13, 2027PNC FINANCIAL SERVICES - TO REDEEM $1.25 BILLION OF 4.543% SENIOR NOTES DUE 2027 ON MAY 13, 2026Reuters
Tue, May 5
CORRECTED-Ferguson Q1 sales and adjusted EPS rise
OverviewNorth America distributor's Q1 sales rose 3.6% year-over-year to $7.5 blnAdjusted EPS for Q1 increased 9.1% to $2.28Company authorized new $2 bln share repurchase programOutlookFerguson sees 2026 net sales growing low to mid-single digitsCompany expects 2026 adjusted operating margin of ...Reuters
Tue, May 5
Enovix Corporation Appoints Steve Bakos As Senior Vice President Of Worldwide Sales To Support Commercial Scale-Up And Revenue Growth
May 5 (Reuters) - Enovix Corp ENVX.O:ENOVIX CORPORATION APPOINTS STEVE BAKOS AS SENIOR VICE PRESIDENT OF WORLDWIDE SALES TO SUPPORT COMMERCIAL SCALE-UP AND REVENUE GROWTHReuters
Tue, May 5
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