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Atlassian raises annual revenue forecast on resilient software spending
Reuters· 2026-02-05 22:36
Core Viewpoint - Atlassian has raised its fiscal 2026 revenue growth forecast, anticipating strong spending on enterprise software services as clients increasingly adopt artificial intelligence [1] Group 1: Revenue Growth Forecast - The company is betting on robust revenue growth driven by the integration of artificial intelligence into its services [1] Group 2: Client Spending Trends - There is a notable increase in client spending on enterprise software, indicating a shift towards more advanced technological solutions [1]
Australia's Berkeley Energia files $1.25 billion claim from Spain over uranium project dispute
Reuters· 2026-02-05 21:46
Australian mining group Berkeley Energia said on Friday it has filed a claim at the World Bank's arbitration tribunal seeking about $1.25 billion from Spain, as it presses its case over the blocked Sa... ...
Coty shifts focus to core brands under new CEO, withdraws full-year outlook
Reuters· 2026-02-05 21:36
CoverGirl owner Coty withdrew its full-year guidance on Thursday as it launched a strategic focus on core brands, with new interim CEO Markus Strobel calling for improved discipline and execution to t... ...
Molina Healthcare forecasts 2026 profit below estimates
Reuters· 2026-02-05 21:26
Molina Healthcare forecast annual profit below Wall Street estimates on Thursday, as it expects increased costs in its Obamacare plans to weigh through the year. ...
Saylor-led Strategy's quarterly losses widen as bitcoin faces another reckoning
Reuters· 2026-02-05 21:18
Core Viewpoint - The company reported a wider fourth-quarter loss due to a turbulent period for digital assets, leading to significant losses on its bitcoin holdings [1] Group 1 - The company is identified as the world's largest hoarder of bitcoin [1] - The losses recorded were attributed to the volatility in the digital asset market [1]
Exclusive: Mexico seeking way to send fuel to Cuba without being hit by US tariffs, sources say
Reuters· 2026-02-05 21:12
Core Viewpoint - Mexican officials are exploring ways to supply fuel to Cuba to address essential needs like electricity and transportation while avoiding potential retaliatory measures from the United States, which has warned of tariffs against countries providing fuel to Cuba [1] Group 1 - Mexican officials are assessing the logistics of fuel delivery to Cuba [1] - The aim is to support Cuba's basic needs without provoking a response from Washington [1] - The U.S. has threatened tariffs on nations that supply fuel to Cuba, creating a complex diplomatic situation [1]
Roblox forecasts strong annual bookings as gaming platform momentum grows; shares jump
Reuters· 2026-02-05 21:11
Roblox forecast fiscal 2026 bookings above Wall Street expectations on Thursday, signaling another year of strong growth in player spending and engagement as the videogame platform aggressively looks ... ...
Reddit forecasts revenue above estimates as AI fuels ad sales
Reuters· 2026-02-05 21:10
Core Insights - Reddit forecasts first-quarter revenue exceeding Wall Street estimates, driven by enhancements to its ad platform powered by artificial intelligence [1] Group 1: Financial Performance - The company anticipates first-quarter revenue to surpass analyst expectations, indicating strong demand for its advertising services [1] - The integration of AI technology into the ad platform is expected to attract more marketers, contributing to revenue growth [1] Group 2: Market Position - The enhancements to the ad platform position Reddit favorably in the competitive social media landscape, potentially increasing its market share among advertisers [1]
Gen Digital raises annual revenue forecast on strong security software demand
Reuters· 2026-02-05 21:09
Core Viewpoint - Antivirus software provider Gen Digital has raised its annual revenue forecast for the third consecutive quarter, indicating strong demand for its digital security services [1] Company Summary - Gen Digital is experiencing robust growth in its digital security services, as evidenced by the upward revision of its revenue forecast for three consecutive quarters [1]
Amazon projects $200 billion in capital spending this year
Reuters· 2026-02-05 21:05
Amazon.com on Thursday joined its Big Tech peers in projecting massive capital expenditures in 2026, the freshest sign yet that tech companies will not be hitting the brakes on their hefty AI investme... ...