Sep 5, 2025 2:15 PM Eastern Daylight Time Then, on August 18, 2025, Quantum disclosed that its CEO would be resigning from the role after only five months in the position. Law Offices of Howard G. Smith Encourages Quantum Corporation (QMCO) Investors To Inquire About Securities Fraud Class Action Share BENSALEM, Pa.--(BUSINESS WIRE)--Law Offices of Howard G. Smith announces that a class action lawsuit has been filed on behalf of investors who purchased Quantum Corporation ("Quantum†or the "Company†) (NASD ...

CASE DETAILS: According to the Complaint, the Company made false and misleading statements to the market. Flywire exaggerated the sustainability of its revenue growth. The Company misled investors about the negative impact of restrictions on visas and permits. Based on these facts, Flywire's public statements were false and materially misleading throughout the class period. If you are a shareholder who suffered a loss, contact us to participate. Sep 5, 2025 1:27 PM Eastern Daylight Time Flywire Corporation ...

Key Takeaways Aon signed a multi-year partnership as the official partner of Scuderia Ferrari HP.The collaboration began at the Italian Grand Prix in Monza in 2025.Aon posted 13% y/y revenue growth in H1 2025, driven by strong global business.A global professional services provider, Aon plc (AON) has announced its multi-year partnership deal as the official partner of Scuderia Ferrari HP, the most legendary and successful team of Formula One. The collaboration kicked off at the 2025 Italian Grand Prix in Mo ...

-       The agreement includes Wealthspire Advisors, Fiducient Advisors, Newport Private Wealth and related platforms -       Transaction reinforces Aon's focus on core Risk Capital and Human Capital capabilities and presence in the middle market-       Madison Dearborn Partners to support further growth of businesses to meet evolving client needs-       Purchase price estimated to be $2.7 billion at time of close, which is expected in Q4 2025DUBLIN and CHICAGO, Sept. 3, 2025 /PRNewswire/ -- Aon plc (NYSE: ...

Core Points - Science Applications International Corp. (SAIC) is set to release its second quarter fiscal year 2026 results on September 4, 2025, before market open [1] - A conference call to discuss the operational and financial results will take place at 10:00 a.m. Eastern time, which will be webcast to the public [2] - SAIC is a Fortune 500 mission integrator with a focus on technology and innovation across defense, space, civilian, and intelligence markets [3] - The company has approximately 24,000 employees and annual revenues of about $7.5 billion [4]

Core Insights - Cognizant has set a GUINNESS WORLD RECORDS title for the most participants in an online generative AI hackathon, with 53,199 associates participating and producing 30,601 working prototype projects [1][2][6] - The event aimed to democratize innovation and enhance AI literacy across the enterprise, involving associates from various business functions [3][5] Group 1: Event Details - The Vibe Coding event took place over ten days, engaging over 53,000 Cognizant associates from 40 countries [1][2] - Participants created a diverse range of submissions, including an HR wellness companion app and a brand compliance checking app [2] - The event featured a "Vibe Coding Hub" that provided access to coding platforms and tutorials, created within 24 hours [3] Group 2: Vibe Coding Concept - "Vibe coding," a term coined by AI researcher Andrej Karpathy, emphasizes creativity over syntax, allowing participants to describe their intent in natural language [4] - This approach lowers barriers to innovation, making software creation accessible to a broader audience [4] Group 3: Strategic Implications - Cognizant's CEO emphasized that the initiative is about preparing the workforce for the AI economy, enabling everyone to innovate with AI [5] - The event is seen as a rehearsal for the future of work, empowering individuals to create prototypes and products independently [5][6] - Over 250,000 associates registered for the Cognizant Global Vibe Coding Community, which will continue to foster innovation [6] Group 4: Commitment to AI - Cognizant has committed to a $1 billion investment in AI and aims to upskill one million people with new digital skills, including AI, by the end of 2026 [7]

Core Insights - Globant reported a revenue of $614.2 million for Q2 2025, reflecting a 4.5% year-over-year growth [7] - The company’s pipeline reached an all-time high of $3.7 billion, up 25% year-over-year, driven by strong demand for its AI-related offerings [2][3] - The adjusted diluted EPS for Q2 2025 was $1.53, compared to $1.51 in Q2 2024 [7] Financial Performance - Revenues for the first half of 2025 totaled $1.225 billion, compared to $1.159 billion in the same period of 2024 [16] - The adjusted operating margin for Q2 2025 was 15.0%, consistent with the previous year [7] - The company incurred a one-time charge of $47.6 million as part of its Business Optimization Plan [3][21] Market Position and Strategy - Globant is positioning itself as a full-stack AI company, focusing on AI Pods, subscription models, and the Globant Enterprise AI platform [2] - The geographic revenue breakdown for Q2 2025 showed 54.1% from North America, 19.7% from Latin America, 19.6% from Europe, and 6.6% from new markets [7] - The company served 981 customers in the last twelve months, with 339 accounts generating over $1 million in annual revenues [7][22] Future Outlook - For Q3 2025, revenues are estimated to be at least $615.0 million, indicating a slight growth [7] - The fiscal year 2025 revenue is projected to be at least $2.445 billion, implying a year-over-year growth of at least 1.2% [13] - The estimated Non-IFRS Adjusted Profit from Operations Margin for fiscal year 2025 is at least 15.0% [13]

Financial Performance - Q2 2025 - Recurring revenue for Q2 2025 was $492 million, a decrease of 2.6% compared to the proforma adjusted Q2 2024[13] - Project revenue for Q2 2025 was $36 million, a decrease of 20% compared to Q2 2024's $45 million[13] - Total revenue for Q2 2025 was $528 million, a decrease of 4% compared to the proforma adjusted Q2 2024's $250 million[13] - Adjusted Gross Profit for Q2 2025 was $205 million, a decrease of 6.4% compared to the proforma adjusted Q2 2024's $219 million, with a margin of 38.8%, down 100 bps[13] - Adjusted EBITDA for Q2 2025 was $127 million, a decrease of 0.8% compared to the proforma adjusted Q2 2024's $128 million, but the margin increased by 80 bps to 24.1%[13] Revenue Growth Drivers & Outlook - The initial 2025 outlook for revenue from new wins was ~5-7%, which was updated to ~3.5-5.5%[16] - The initial 2025 outlook for revenue from volumes was ~0-1%, which was updated to ~0%[16] - The contract renewals are expected to have a negative impact of (6.5)% on revenue, consistent with the initial outlook[16] - The overall revenue impact is projected to be between (3)% and (1)%, with revenue between $2.282 billion and $2.329 billion[16,18] - The company has 95% of projected 2025 revenue under contract[18] FY25 Outlook - Adjusted EBITDA is projected to be between $620 million and $645 million, representing a growth of 4% to 9%[18] - Adjusted EPS is projected to be between $0.58 and $0.64, representing a growth of 2% to 12%[18] - Free Cash Flow is projected to be between $250 million and $285 million, representing a growth of 13% to 29%[18]

On CNBC's "Mad Money Lightning Round," Jim Cramer recommended buying Tesla TSLA. "It's in transition from being a car company to being a technology company, and you want to be in there because the tech is worth a lot more than what it's selling for right now," he added. Tesla announced in a filing that the company approved an award of 96 million shares of restricted stock to Musk under the company's 2019 Equity Incentive Plan. The board approved the payment plan on Sunday. Ford, on July 30, reported second- ...

TEANECK, N.J., July 30, 2025 /PRNewswire/ -- Cognizant (Nasdaq: CTSH), one of the world's leading professional services companies, today announced its second quarter 2025 financial results. "Our second quarter revenue performance exceeded the high end of our guidance range, underscoring the effectiveness of our strategy to build a resilient and durable portfolio that positions us to win in the AI era," said Ravi Kumar S, Chief Executive Officer. "Our investments in talent, platforms and AI infrastructure dr ...