Salesforce stock jumps 14% on AI growth and Anthropic investment gain
Salesforce shares surged 14% after reporting earnings that beat expectations, driven by strong revenue growth and a $2.6 billion gain from its Anthropic investment stake.
Okta pops 19% after topping estimates as AI threat spikes demand for identity security
Okta shares surged 19% after beating fiscal second-quarter estimates, driven by strong demand for AI security tools and identity management solutions.
Fox advertising, streaming service Tubi get boost from World Cup
Fox Corp. reported strong quarterly results driven by FIFA World Cup broadcasting and advertising revenue, with advertising rising 78% to $1.92 billion and the final match drawing nearly 39 million viewers.
Grindr’s AI spend is paying off and its pricey new tier has had some surprises, CEO says
Grindr reported second-quarter revenue of $138 million, up 33% year-over-year, and raised its full-year guidance as its AI strategy begins yielding results across products and engineering operations.
Airbnb stock soars 9% on earnings and revenue beat, strong guidance for third quarter
Airbnb’s stock surged 9% after the company beat second-quarter earnings and revenue expectations while providing optimistic guidance for the upcoming period.
Hotel giant says ‘growing middle class’ boosted hotel demand despite Middle East hit
IHG reported operating profits grew 10% in the first half of the year to $665 million, with RevPAR up 4.1%, despite Middle East conflict impact on the region.