CoreWeave has set an IPO price range of $45-$55, which could give it a valuation of $27 billion to $32 billion.
The CoreWeave IPO has reportedly been oversubscribed after early mutual fund support and is poised to raise as much as $2.7 billion.
KeyBanc analyst Jackson Ader said he expects revisions to fundamentals throughout the remainder of the year.
Macquarie analysts think mass market adoption of agentic AI will take time, probably two years.
The combined long-term revenue and free cash flow growth is estimated at 45%-50%.
After a failed attempt last year, Google’s parent company, Alphabet GOOGL, is set to acquire cloud cybersecurity startup Wiz for $32 billion in an all-cash deal. If successful, this would mark Alphabet’s...
CEO Shantanu Narayen said Adobe is well-positioned to capitalize on the acceleration of the creative economy driven by AI, but retailers on Stocktwits see it as an expense AI play.
Morgan Stanley analyst Keith Weiss said he sees a lower bar going into the earnings, as debates on Adobe's GenAI positioning and increasing competition have led to the recent stock underperformance.
CEO Aaron Levie said Box delivered its strongest set of AI-powered innovations and launched Enterprise Advanced, integrating the full capabilities of its platform into one solution.
The Finchat-compiled consensus calls for flat bottom-line results and 6.2% year-over-year revenue growth.