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Paychex Inc. (NASDAQ: PAYX), a leading provider of human resources and payroll services, is expanding its artificial intelligence capabilities to stay relevant in the evolving HR landscape, while also consolidating market share through business combinations. Under its growth plan, the company has rolled out a new set of solutions designed to meet the diverse needs … Read more
Adobe Inc., a global leader in digital media and digital marketing solutions, in its Q1 earnings call highlighted its growing AI business, reporting $125 million in AI-related revenue that is expected to double within nine months through Firefly, AI Assistant, and GenStudio offerings. Management noted strong digital media demand trends, with Acrobat seeing a 23% … Read more
Oracle Corporation, a database management and cloud service providing company, in its Q3 earnings call highlighted several strengths, including a massive $130 billion backlog driven by technological advantages that make their systems faster and more economical than competitors. Management discussed it is rapidly expanding multi-cloud offerings with 18 regions live and 40 more planned across … Read more
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. A record number of senior lawyers have moved jobs in London so far this year as deep-pocketed US law firms continue to disrupt the market, in a sign that partner hires could hit new heights … Read more
RedStone token’s trading volume is up over 2000% after the airdrop restructuring. According to RedStone’s (RED) recent official announcement on X, it has recently made a major change to the RED airdrop selection process and distribution. RedStone launched the first Miner airdrop with 5% of the total token supply, distributing it to users who met … Read more
Broadcom Inc., a global technology leader that designs, develops and supplies a broad range of semiconductor, enterprise software and security solutions, in its Q1 earnings call discusses their AI business with three current customers deploying XPUs at scale and four more partners in development. Company’s $60-90 billion market opportunity encompasses both training and inference workloads. … Read more
Monster Beverage Corp., an American beverage company that manufactures energy drinks including Monster Energy, Relentless, Reign and Burn, in its Q4 earnings call revealed positive gross margin expansion driven by reduced input costs and price increases, despite higher promotional allowances. Executives reported the U.S. energy drink category has grown to $21.2 billion and shared enthusiasm … Read more
Tim Cook, chief executive officer of Apple Inc., greets customers during the first day of in-store sales of Apple’s latest products at Apple’s Fifth Avenue store in New York, US, on Friday, Sept. 20, 2024. Victor J. Blue | Bloomberg | Getty Images Apple plans to open a new factory for artificial intelligence servers in … Read more
Alphabet Inc., the holding company of Google, the search engine giant, discussed its AI strategy in its Q4 earnings call, highlighting the cost and performance advantages of its TPU infrastructure in AI inference. While Search continues to show healthy growth with AI integrations like AI Overviews resonating particularly with younger users, management outlined plans for … Read more
Singapore- headquartered Crypto.com’s 2025 strategy is out and the company has some big ideas! On 5 February 2025, Crypto.com announced plans to launch a Cronos-based exchange-traded fund (ETF), a new stablecoin, and expand financial services. Crypto.com Targets Institutional Investors With Interest In Digital Assets To begin with its 2025 roadmap, Crypto.com plans to launch a … Read more
https://www.profitablecpmrate.com/nsirjwzb79?key=c706907e420c1171a8852e02ab2e6ea4