ASML is the sole provider of EUV lithography machines vital to advanced AI chips from Nvidia and more. ASML stock is testing a breakout to a record high.
ASML is the sole provider of EUV lithography machines vital to advanced AI chips from Nvidia and more. ASML stock is testing a breakout to a record high.
Chinese tech giant Alibaba said Wednesday that net profit dropped by nearly a fifth during its most recent fiscal year, weighed by challenges in the domestic economy and an expensive push into artificial intelligence.Alibaba, along with fellow Chinese tech titan Tencent, is reportedly in talks to invest in top AI startup DeepSeek, which in April released a long-awaited major new artificial intelli...
Chinese tech giant Alibaba said Wednesday that net profit dropped by nearly a fifth during its most recent fiscal year, weighed by challenges in the domestic economy and an expensive push into artificial intelligence.Alibaba, along with fellow Chinese tech titan Tencent, is reportedly in talks to invest in top AI startup DeepSeek, which in April released a long-awaited major new artificial intelligence model.
After more than four years of war, markets have become accustomed to the conflict. But any lasting peace agreement would have huge implications for stock markets, energy prices and commodities.
After more than four years of war, markets have become accustomed to the conflict. But any lasting peace agreement would have huge implications for stock markets, energy prices and commodities.
Similarweb ( SMWB ) said on Wednesday that its Board of Directors has started a formal search for the company’s next chief executive officer as part of a planned leadership transition. Founder and CEO Or Offer, who founded Similarweb ( SMWB ) in 2007, informed the Board of his intention to transition out of the CEO role as he approaches 20 years leading the company in May 2027. The Board said it i...
Similarweb ( SMWB ) said on Wednesday that its Board of Directors has started a formal search for the company’s next chief executive officer as part of a planned leadership transition. Founder and CEO Or Offer, who founded Similarweb ( SMWB ) in 2007, informed the Board of his intention to transition out of the CEO role as he approaches 20 years leading the company in May 2027. The Board said it is engaging a leading executive search firm and will evaluate candidates with the experience required to lead Similarweb through its next phase. Offer will remain CEO through the conclusion of the search and a transition period with his successor, with the leadership transition expected to be completed by mid-2027. During the search and transition period, the company said there is no change to strategy, operations, or financial outlook. More on Similarweb Similarweb: A Worthy Bet As Company Pivots To LLM Sales Similarweb: Elongated Sales Cycles A Worry Amid AI/SaaS Scare Similarweb Ltd. (SMWB) Q4 2025 Earnings Call Transcript Similarweb reports mixed Q1 results; initiates Q2 and FY26 outlook Citi downgrades six software stocks as AI concerns intensify
Alibaba Group Holding stock was falling in premarket trading Wednesday as earnings showed a mixed picture around its artificial-intelligence progress with sales rising but adjusted profit plummeting. Alibaba reported a fiscal fourth-quarter net profit of 23.50 billion yuan ($3.41 billion), nearly double from the same period a year earlier due to gains on investments. Alibaba attributed the drop in...
Alibaba Group Holding stock was falling in premarket trading Wednesday as earnings showed a mixed picture around its artificial-intelligence progress with sales rising but adjusted profit plummeting. Alibaba reported a fiscal fourth-quarter net profit of 23.50 billion yuan ($3.41 billion), nearly double from the same period a year earlier due to gains on investments. Alibaba attributed the drop in adjusted earnings to investments in its technology and quick commerce businesses.
Similarweb press release ( SMWB ): Q1 Non-GAAP EPS of $0.01 misses by $0.01 . Revenue of $73.9M (+10.2% Y/Y) beats by $0.86M . Number of customers with annual recurring revenueof $100,000 or more grew to 461, as of March 31, 2026, an increase of 12% year-over-year. Customers with ARR of $100,000 or more contributed 64% of the total ARR as of March 31, 2026, up from 61% as of March 31, 2025. Dollar...
Similarweb press release ( SMWB ): Q1 Non-GAAP EPS of $0.01 misses by $0.01 . Revenue of $73.9M (+10.2% Y/Y) beats by $0.86M . Number of customers with annual recurring revenueof $100,000 or more grew to 461, as of March 31, 2026, an increase of 12% year-over-year. Customers with ARR of $100,000 or more contributed 64% of the total ARR as of March 31, 2026, up from 61% as of March 31, 2025. Dollar-based net retention rate, for customers with ARR of $100,000 or more was 103% in the first quarter of 2026, compared to 111% in the first quarter of 2025. Overall NRR was 98% in the first quarter of 2026, compared to 101% in the first quarter of 2025. 64% of our overall ARR is contracted under multi-year subscriptions as of March 31, 2026, increased from 52% as of March 31, 2025. Remaining performance obligations, increased 18% year-over-year, to $297.7 million as of March 31, 2026, as compared to $252.7 million as of March 31, 2025. Financial Outlook FY 2026 Guidance Total revenue for fiscal year 2026 estimated between $307.0 million and $315.0 million vs. consesus of $307.50M , representing approximately 10% growth year-over-year at the mid-point of the range. Non-GAAP operating profit for fiscal year 2026 estimated between $17.0 million and $19.0 million. Q2 2026 Guidance Total revenue estimated between $74.5 million and $76.5 million vs. consesus of $75.82M , representing approximately 6% growth year-over-year at the mid-point of the range. Non-GAAP operating profit estimated between $3.0 million and $5.0 million. More on Similarweb Similarweb: A Worthy Bet As Company Pivots To LLM Sales Similarweb: Elongated Sales Cycles A Worry Amid AI/SaaS Scare Similarweb Ltd. (SMWB) Q4 2025 Earnings Call Transcript Citi downgrades six software stocks as AI concerns intensify Similarweb outlines 10% revenue growth target for 2026 while advancing AI-driven solutions
Earnings Call Insights: Evolv Technologies (EVLV) Q1 2026 Management View “We continue to strengthen the consistency and reliability of our operations while scaling a hardware-enabled subscription business that is producing increasingly predictable and durable outcomes.” (President, CEO & Executive Director John Kedzierski) “We remain on track to be comfortably over 10,000 units deployed by the en...
Earnings Call Insights: Evolv Technologies (EVLV) Q1 2026 Management View “We continue to strengthen the consistency and reliability of our operations while scaling a hardware-enabled subscription business that is producing increasingly predictable and durable outcomes.” (President, CEO & Executive Director John Kedzierski) “We remain on track to be comfortably over 10,000 units deployed by the end of this year, reflecting sustained customer demand and our ability to scale responsibly.” (President, CEO & Executive Director John Kedzierski) “Expedite, our autonomous AI-based bag screening solution continues to gain traction...” and “We now have over 75 expedite customers, representing approximately 6% of our total customer base, up from roughly 1% a year ago.” (President, CEO & Executive Director Kedzierski) “We are raising our outlook for 2026... now expect $175 million to $180 million, up from $172 million to $178 million.” (President, CEO & Executive Director Kedzierski) “Adjusted gross margin was 52% in Q1 compared to 61% in the same period last year.” (Chief Financial Officer George Kutsor) Outlook “We are raising our full year 2026 outlook for revenue to $175 million to $180 million compared to our prior guidance of $172 million to $178 million.” (Chief Financial Officer George Kutsor) “We continue to expect to exit 2026 with annual recurring revenue of approximately $145 million to $150 million.” (Chief Financial Officer Kutsor) “We continue to expect a sequential decline in Q2 revenue... This is a timing dynamic related to backlog mix and fulfillment timing and not a reflection of end market demand, which remains strong.” (Chief Financial Officer Kutsor) “We continue to expect strong unit growth with deployments in H2 exceeding H1... and H2 unit deployments growing over 25% year-over-year.” (Chief Financial Officer Kutsor) Financial Results “Revenue in the first quarter was $46.3 million, up 45% year-over-year.” (President, CEO & Executive Director John Kedzi...