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These Analysts Slash Their Forecasts On ZoomInfo Technologies After Q4 Results
Benzinga· 2026-02-10 13:59
ZoomInfo Technologies, Inc. (NASDAQ:GTM) posted upbeat earnings for the fourth quarter on Monday.ZoomInfo Technologies reported quarterly earnings of 32 cents per share, which beat the Street estimate of 28 cents. Quarterly revenue came in at $319.1 million, which beat the consensus estimate of $309.4 million."In 2025, we delivered record revenue, expanded profitability, and increased free cash flow, while building the all-in-one AI platform for go-to-market teams," said Henry Schuck, ZoomInfo CEO.ZoomInfo ...
AISIX Solutions Inc. Reports Industry Interest Following CatIQ Connect 2026
TMX Newsfile· 2026-02-10 13:59
Core Insights - AISIX Solutions Inc. participated in CatIQ Connect 2026, highlighting the increasing demand for advanced wildfire risk data in Canada [1][3][4] Company Updates - AISIX's CEO, Dr. Gio Roberti, presented the only session focused on wildfire modeling at the conference, emphasizing the need for robust wildfire modeling products to assess spatially correlated losses and individual fires [4] - The company is advancing commercial discussions initiated at the conference and aims to expand the adoption of its Wildfire 3.0 and Climate Genius dashboard [5] Industry Context - CatIQ Connect 2026 gathered experts from insurance, government, and academia to discuss disaster management complexities, indicating a collaborative effort to address catastrophe risk [2] - Recent data from CatIQ revealed a record number of fire-related catastrophe declarations, including in regions with no prior fire catastrophes, underscoring the necessity for forward-looking wildfire modeling solutions [4]
Ongwe Minerals Announces Closing of Reverse Takeover and Concurrent Financing and Expected Date for Commencement of Trading
Globenewswire· 2026-02-10 13:59
Highlights: Completion of Reverse Takeover by way of plan of arrangement with Lotus Gold Corporation.Completion of name change from Great Quest Gold to Ongwe Minerals Inc. with trading symbol OGW and consolidation of common shares.Closing of $4.85 Million Concurrent Financing at $0.50 per Share on a post-Consolidation basis. VANCOUVER, British Columbia, Feb. 10, 2026 (GLOBE NEWSWIRE) -- Further to the news release dated February 3, 2026, Ongwe Minerals Inc. (formerly, Great Quest Gold Ltd.)(“Ongwe” or the “ ...
Futures Pointing To Slightly Lower Open On Wall Street
RTTNews· 2026-02-10 13:57
Stocks may move to the downside in early trading on Tuesday, giving back ground after moving notably higher over the two previous sessions. The major index futures are currently pointing to a slightly lower open for the , with the S&P 500 futures down by 0.1 percent.The futures edged lower following the release of a report from the Commerce Department showing retail sales in the U.S. were unexpectedly flat in the month of December.The report said retail sales came in virtually unchanged in December after c ...
BDO USA appoints new national leaders for assurance and tax
Yahoo Finance· 2026-02-10 13:57
Core Insights - BDO USA has appointed two new national managing principals to lead its assurance and tax practices, with Demetrios Frangiskatos taking charge of assurance from July 1, 2025, and Mat DeMong leading tax from January 1, 2026 [1][2] Group 1: Leadership Appointments - Demetrios Frangiskatos has over 25 years of experience in the accounting profession and has been with BDO since 2000, becoming a partner in 2011 [2][4] - Mat DeMong joined BDO in 2004 and became a tax partner in 2013, previously serving as managing partner of the Boston tax office and northeast tax regional managing partner since 2019 [5] Group 2: Strategic Vision - Frangiskatos aims to build a culture that attracts top talent and prioritizes quality, emphasizing investment in people and technology to enhance client experiences [4][5] - DeMong expressed commitment to a client-centric service delivery model focused on total tax solutions [5] Group 3: Organizational Structure - Frangiskatos will oversee strategy and client delivery across various audit and advisory services, reporting directly to BDO USA CEO Wayne Berson [3][5] - Following the appointment of Matt Becker as CEO on July 1, 2026, DeMong will join the executive team and report directly to Becker [5]
58.com Group Founder Yao Jinbo and Former JD.com Senior Vice President Li Daxue Join Other Internet Leaders in Investing in DirectBooking Technology (ZDAI) to Accelerate Development of Its Hotel AI Booking Platform
Globenewswire· 2026-02-10 13:57
Core Viewpoint - DirectBooking Technology Co., Ltd. has entered into share purchase agreements with prominent investors to support its long-term strategy of digital transformation in traditional industries and the creation of a digital ecosystem for premium customized baijiu [1] Investment Details - The financing round is characterized as a strategic alliance rather than just a financial capital injection, aimed at accelerating the expansion of DirectBooking Technology's hotel AI booking platform [2] Investor Profiles - Yao Jinbo, Chairman and CEO of 58.com Group, is recognized for his foresight in the internet industry and has a diverse investment portfolio focusing on structural growth sectors [3] - Wang Donghui, Founding Managing Partner of Amiba Capital, has a background in technology and internet venture investment, previously serving as CFO of Kingsoft [4][5] - Li Daxue, founder of Magcloud Group and former Senior Vice President of JD.com, brings over 20 years of experience in industrial internet and digital transformation, enhancing collaboration in AI content and data analytics [6] Strategic Implications - The new investors collectively bring decades of experience in internet operations, technology investment, and industrial digitalization, which will enhance DirectBooking Technology's competitive advantage in the premium customization market [7]
CVS Health beats expectations as turnaround strategy gains traction
Invezz· 2026-02-10 13:57
CVS Health delivered a stronger-than-expected fourth quarter, beating Wall Street estimates on both earnings and revenue as the company presses ahead with a multi-year turnaround. The results underlin... ...
Active Optical Cable Market to Reach US$ 2,523.05 Million by 2033 Driven by AI Infrastructure, Hyperscale Data Centers, and 400G/800G Adoption | Astute Analytica
Globenewswire· 2026-02-10 13:56
Core Insights - The global active optical cable market is projected to grow from USD 562.37 million in 2024 to USD 2,523.05 million by 2033, with a CAGR of 18.15% from 2025 to 2033 [1] - The market is currently valued at over USD 677.58 million, driven by a surge in demand from major technology companies racing to build AI infrastructure [2] Market Dynamics - The active optical cable market has transitioned from steady growth to a "super-cycle," with tech giants like Microsoft, Amazon, and Google driving demand [2] - Sales volumes for AI-related optical cables have increased by 137% in one year, indicating a permanent shift in the market [2] - The industry is moving away from older 10G and 25G cables, focusing on high-speed segments like 400G and 800G cables, which are becoming the new standard [3] Technological Trends - There is a rising demand for "breakout" cables that split high-capacity connections into multiple smaller lanes, optimizing network efficiency [4] - Companies like Broadcom are introducing advanced transceivers and AOC modules for 800G applications, enhancing performance and power efficiency [5] - The market is preparing for 1.6 Terabit cables by late 2025, reflecting the demand for faster data transmission driven by data-intensive applications [6] Growth Projections - The active optical cable sector is expected to grow at 28% through 2030, with the market size nearing USD 19 billion [7] - Growth is fueled by the adoption of higher-speed cables and improvements in power efficiency and customization options [7] Regional Insights - Asia Pacific holds a 35% share of the active optical cable market, driven by manufacturing and consumer demand, particularly in China [10] - India is increasing its data center capacity, projected to exceed 1,800 MW by 2025, supporting local digital initiatives [11] Key Players - Major players in the active optical cable market include 3M, Amphenol, Broadcom, and others, focusing on various applications such as medical imaging and digital signage [14]
Alphabet Stock Is Down... But Not For Long (NASDAQ:GOOGL)
Seeking Alpha· 2026-02-10 13:55
Rick is a Wall Street Journal best-selling author with over 20 years of experience trading stocks and options. The most authoritative publications, including Good Morning America, Washington Post, Yahoo Finance, MSN, Business Insider, NBC, FOX, CBS, and ABC News, cover his work. His passion is business, and he works tirelessly to deliver content in an easy-to-understand manner. In 2018, Rick wrote The Financially Independent Millennial to inspire his readers with his story about becoming financially indepen ...
Ferrari (RACE) Beats Q4 Earnings and Revenue Estimates
ZACKS· 2026-02-10 13:55
Core Viewpoint - Ferrari reported quarterly earnings of $2.49 per share, exceeding the Zacks Consensus Estimate of $2.44 per share, and showing an increase from $2.28 per share a year ago, indicating a positive earnings surprise of +2.05% [1] Financial Performance - The company achieved revenues of $2.1 billion for the quarter ended December 2025, surpassing the Zacks Consensus Estimate by 3.66%, and up from $1.85 billion year-over-year [2] - Over the last four quarters, Ferrari has consistently surpassed consensus EPS estimates and revenue estimates [2] Stock Performance and Outlook - Ferrari shares have declined approximately 9.1% since the beginning of the year, contrasting with the S&P 500's gain of 1.7% [3] - The future performance of Ferrari's stock will largely depend on management's commentary during the earnings call and the revisions of earnings estimates [3][4] Earnings Estimates - The current consensus EPS estimate for the upcoming quarter is $2.60 on revenues of $2.05 billion, and for the current fiscal year, it is $10.92 on revenues of $8.57 billion [7] - The estimate revisions trend for Ferrari was mixed prior to the earnings release, resulting in a Zacks Rank 3 (Hold) for the stock, indicating expected performance in line with the market [6] Industry Context - The Automotive - Original Equipment industry, to which Ferrari belongs, is currently ranked in the bottom 40% of over 250 Zacks industries, suggesting potential challenges for stock performance [8]