Claude AI Crashes Repeatedly As Pentagon Ban Sparks Massive User Surge - Alphabet (NASDAQ:GOOG), Alphabet (NASDAQ:GOOGL)
Benzinga· 2026-03-02 18:00
Anthropic’s Claude AI platform experienced a series of technical disruptions on Monday, rattling users already drawn to the service amid a politically charged week for the San Francisco-based AI startup.What Went Down — And WhenAccording to Claude’s official status page, the first incident began at 11:49 UTC on Monday, when the company investigated elevated errors across claude.ai, its developer console, and Claude Code. Updates noted that some API methods were not working until a fix was implemented, and t ...
Box Inc. (NYSE:BOX) Earnings Preview and Strategic Partnerships
Financial Modeling Prep· 2026-03-02 18:00
Core Insights - Box Inc. is a significant player in the Intelligent Content Management sector, with quarterly earnings expected on March 3, 2026, estimating an EPS of $0.33 and revenue of approximately $305.6 million [1][6] Financial Metrics - The company has a price-to-earnings (P/E) ratio of approximately 15.01, indicating investors are willing to pay $15.01 for every dollar of earnings [3][6] - Box's price-to-sales ratio is about 2.93, reflecting the market's valuation of its revenue [3][6] - The enterprise value to sales ratio is roughly 3.01, suggesting how the market values the company's total worth relative to its sales [3] - The enterprise value to operating cash flow ratio stands at around 9.95, indicating the relationship between enterprise value and cash flow from operations [4] - An earnings yield of approximately 6.66% provides insight into the return on investment for shareholders [4] - The company has a debt-to-equity ratio of about 3.48, indicating a significant level of debt compared to its equity [4][6] Strategic Partnerships - Box's collaboration with RWS Global aims to enhance AI-driven content within RWS's ecosystem, which serves major brands like Apple and The Coca-Cola Company [2][6] - This partnership is expected to support the growing demand for innovative live experiences, showcasing Box's adaptability to market needs [2] Engagement with Financial Community - Box will host its FY27 Financial Analyst Day on March 19, 2026, featuring presentations and a Q&A session with its executive management team [5] - The management team will also present at the Morgan Stanley Technology, Media & Telecom Conference on March 4, 2026, with a live webcast available for broader access [5]
Adobe to Announce Q1 FY2026 Earnings Results on March 12, 2026
Businesswire· 2026-03-02 18:00
Adobe is empowering everyone to create. For more information, visit www.adobe.com. © 2026 Adobe. All rights reserved. Adobe and the Adobe logo are either registered trademarks or trademarks of Adobe in the United States and/or other countries. All other trademarks are the property of their respective owners. Adobe uses its website as a channel of distribution of material company information. Financial, product and other material information regarding the company is routinely posted on and accessible at www. ...
VRNS INVESTOR NOTICE: Faruqi & Faruqi, LLP Reminds Varonis Systems (VRNS) Investors of Securities Class Action Deadline on March 9, 2026
TMX Newsfile· 2026-03-02 18:00
Faruqi & Faruqi, LLP Securities Litigation Partner James (Josh) Wilson Encourages Investors Who Suffered Losses In Varonis To Contact Him Directly To Discuss Their OptionsIf you purchased or acquired securities in Varonis between February 4, 2025 and October 28, 2025 and would like to discuss your legal rights, call Faruqi & Faruqi partner Josh Wilson directly at 877-247-4292 or 212-983-9330 (Ext. 1310). [You may also click here for additional information]New York, New York--(Newsfile Corp. - March 2, 2026 ...
The Big 3: RKLB, MNST, WMT
Youtube· 2026-03-02 18:00
It's time for the big three. We've got three stocks, three charts, and three trades. Kevin Green will be taking us through the charts.Here to take us through the trades is Tammy Marshall, analyst at Elliot Wave Trader. Great to have you both with us today. Tammy, I I'd love to get your thoughts on the market action we're seeing to start off this trading week, particularly with the events we saw this weekend.I was just speaking to Nicole Pedalites on the floor of the NY, and she likened the traders as firefi ...
Smith+Nephew to feature leading rotator cuff repair portfolio including new Tendon Seam™ Repair System and REGENETEN◊ Bioinductive Implant at AAOS 2026
Globenewswire· 2026-03-02 18:00
Uniting the most advanced technologies for biomechanical repair and biological augmentation Smith+Nephew (LSE:SN, NYSE:SNN), the global medical technology company, today announces it will showcase its unrivalled portfolio for rotator cuff repair (RCR) during the 2026 American Academy of Orthopaedic Surgeons (AAOS) Annual Meeting in New Orleans this week. RCR is a growing market segment with approximately 500,000 procedures performed annually in the US,1 yet still experiencing 20–40%2 structural failure rat ...
Gainey McKenna & Egleston Announces A Class Action Lawsuit Has Been Filed Against Franklin BSP Realty Trust, Inc. (FBRT)
Globenewswire· 2026-03-02 18:00
NEW YORK, March 02, 2026 (GLOBE NEWSWIRE) -- Gainey McKenna & Egleston announces that a securities class action lawsuit has been filed in the United States District Court for the Eastern District of New York on behalf of all persons or entities who purchased or otherwise acquired Franklin BSP Realty Trust, Inc. (“Franklin” or the “Company”) (NYSE: FBRT) securities between November 5, 2024 and February 11, 2026, inclusive (the “Class Period”). The Complaint alleges that Defendants failed to disclose to inves ...
Even Nvidia Sees Lumentum as Lighting the Way Forward
247Wallst· 2026-03-02 17:59
Core Insights - Nvidia has made a $2 billion investment in Lumentum as part of a strategic partnership to enhance optics for AI data centers, indicating strong confidence in Lumentum's capabilities and market position [1] - Lumentum's Q2 revenue increased by 65.5% year-over-year to $665.5 million, with operating margins expanding by 1,700 basis points to 25.2%, showcasing robust financial performance [1] - The partnership is expected to provide Lumentum with significant revenue visibility and support its goal of achieving over $3 billion in annual revenue [1] Company Overview - Lumentum Holdings is positioned as a key beneficiary of the optics sector upcycle, driven by hyperscaler investments in AI infrastructure and the adoption of advanced datacom technologies [1] - The company specializes in high-speed optical components, including electro-absorption modulated lasers (EMLs), transceivers, optical circuit switches (OCS), and co-packaged optics (CPO) [1] - Lumentum's backlog exceeds $400 million in OCS and multi-hundred-million-dollar orders in CPO, with deliveries expected to ramp up into late 2026 and 2027 [1] Financial Performance - Lumentum's fiscal Q2 revenue reached $665.5 million, reflecting a 65.5% increase year-over-year, while non-GAAP gross margins improved to 42.5% [1] - The company anticipates Q3 revenue between $780 million and $830 million, driven by increasing demand for AI optics [1] - The investment from Nvidia is expected to bolster Lumentum's manufacturing capabilities and innovation, particularly in developing advanced transceivers and optical solutions [1] Strategic Partnerships - Nvidia's partnership with Lumentum includes multibillion-dollar purchase commitments for optical networking products, ensuring a reliable supply chain for Nvidia's AI platforms [1] - This investment mirrors Nvidia's simultaneous $2 billion deal with Coherent, further emphasizing its strategy to secure critical components for AI infrastructure [1] - The collaboration aims to enhance energy efficiency and scalability in large-scale data centers, aligning with Nvidia's vision for gigawatt-scale AI factories [1]
Apellis Pharmaceuticals, Inc. (APLS) Presents at TD Cowen 46th Annual Health Care Conference Transcript
Seeking Alpha· 2026-03-02 17:57
Question-and-Answer SessionCedric FrancoisCo-Founder, President, CEO & Director Thank you, Phil, and thank you for inviting us again to this wonderful conference. So this year is a very important year for us. Last year, we went through a phase of building a good foundation for what the next phase for Apellis will be. And right now, we have three pillars in the organization with SYFOVRE. We have a durable and resilient business where we plan to continue to provide a best-in-class therapy to patients with geo ...
Iran Rattled Markets. It's Still a Chance to Buy the Dip.
Barrons· 2026-03-02 17:56
Four Wall Street experts make their case for why investors should take advantage of the jolt of volatility from this weekend's attack. ...