IGV News
Unity Stock On Track To Hit 11-Month High After Its First GAAP Profit Since Going Public: CEO Says ‘Flywheel’ Is Kicking In
Unity reported its first quarterly GAAP profit since its 2020 IPO, with net income reaching $122 million compared with a $127 million loss a year earlier.
Unity Stock On Track To Hit 11-Month High After Its First GAAP Profit Since Going Public: CEO Says ‘Flywheel’ Is Kicking In
Unity reported its first quarterly GAAP profit since its 2020 IPO, with net income reaching $122 million compared with a $127 million loss a year earlier.
AppLovin posted record third-quarter results, with revenue rising 55% and net income jumping 72%.
Palantir's earnings beat and upbeat outlook highlight AI strength, but is its rich valuation a reason to consider ETFs instead?
Zacks
Palantir's U.S. commercial revenue topped government sales for the first time, surging 148% year-on-year.
ServiceNow shares plunged after its third-quarter results, with analysts highlighting softer contracted revenue growth despite the company's expanding AI opportunity.
Sector ETF report for IGV
Zacks
The pullback casts doubt on a rebound in software stocks in recent months.
In a letter to MSCI, Strategy asked MSCI to withdraw its newly proposed index eligibility framework.
Intuit announced a deal to acquire Sequence, whose platform automates the quote-to-revenue process, covering everything from pricing and customer contracts to invoicing, collections, and revenue recognition.
The proposed agreement with El Paso Electric would require Oracle to pay $10 million annually for 10 years, even if electricity usage falls below contracted levels.