News
Synopsys Inc. reported a fiscal fourth-quarter profit of $448.7 million, or $2.39 per share, exceeding Wall Street expectations with adjusted earnings of $2.90 per share. The company posted revenue of $2.25 billion for the quarter and $7.05 billion for the full year. Synopsys provided optimistic guidance for the upcoming fiscal first quarter and the full year, projecting higher earnings and revenue.
Backblaze, Inc. will present at the Gartner IT Infrastructure, Operations, & Cloud Strategies Conference 2025, with Patrick Thomas, Head of GTM, outlining how an independent data layer can solve data sprawl and foster AI agility. The presentation will offer a strategic playbook for I&O leaders to overcome data fragmentation and vendor lock-in by adopting a vendor-neutral, S3-compatible data layer. Backblaze aims to equip organizations with a flexible foundation optimized for AI and multi-cloud initiatives, showcasing real-world examples of substantial cost reductions and improved performance.
Uber (NYSE: UBER) stock slid on December 10, 2025, due to European regulatory pressures, including potential ride-hailing license reductions and legal challenges against its algorithmic pay. Further hitting the stock was a rollback of EV incentives, disappointing ESG investors, and mixed analyst calls. Despite these headwinds, the company's Q3 2025 results show strong growth and profitability, supported by robotaxi expansion and rising advertising revenue.
Applied Materials Inc. (AMAT) stock has hit an all-time high of $273.63 USD, boasting a $216 billion market capitalization and a 60.44% one-year return. Despite a premium P/E ratio of 31.4 and appearing slightly overvalued by InvestingPro, the company's "GREAT" financial health and 21 consecutive years of dividend payments, along with recent analyst upgrades, highlight its strong performance in the semiconductor industry.
Adobe Inc. reported stronger-than-expected earnings and revenue for its fiscal 2025 fourth quarter, driven by its AI-driven tools and significant subscription revenue growth. The company also provided an optimistic forecast that exceeded analyst expectations for the upcoming fiscal year. Key business highlights included product updates with new AI features and the launch of Adobe AI Foundry and AI agents for marketers.
HP Inc. has released its 2025 Form 10-K report, revealing a 3.2% increase in total net revenue to $55,295 million, driven by growth in Personal Systems units and support services. Despite challenges like higher commodity costs and economic uncertainty, the company reported net earnings of $2,529 million and is strategically focusing on AI integration across its product portfolio and operations through its Fiscal 2026 Plan. HP aims to enhance customer satisfaction, productivity, and innovation while adapting to market dynamics and mitigating supply chain risks.
Wells Fargo's CEO announced that the bank anticipates further job reductions as it increases its adoption of artificial intelligence. The CEO believes this expansion of AI will enhance bank efficiency, though the local impact on Wells Fargo's largest employee base in Charlotte, which has approximately 27,000 workers, remains unaddressed by officials. The move comes amidst a lawsuit against the bank by former CEO Tim Sloan over stock awards.
McDonald's Netherlands recently pulled its AI-generated "It's the Most Terrible Time of the Year" ad after it received criticism, particularly in the United States. This article questions whether the decision to remove the ad was the right call and prompts readers to vote. It highlights the ongoing discussion surrounding AI-generated content in advertising.
T-Mobile US CEO Srini Gopalan has declared the company's ambition to lead the industry in 6G development, building on its 5G successes. He emphasized the critical role of AI in 6G, particularly for operational efficiencies and enabling new applications like advanced automation and robotics that require low-latency "physical AI" capabilities. Gopalan also highlighted anticipated improvements in spectrum efficiency and cybersecurity through 6G, acknowledging the early stages of global standardization efforts.
Intuitive (NASDAQ: ISRG) has announced that the U.S. FDA has cleared its da Vinci Single Port (SP) surgical system for expanded use in inguinal hernia repair, cholecystectomy, and appendectomy procedures. This expands on its existing clearances in urology, colorectal, thoracic, and transoral procedures. The da Vinci SP system allows surgeons to perform procedures through a single incision or natural orifice, offering enhanced visualization and precision, and is part of Intuitive's commitment to less invasive and profoundly better patient care.
The west must not prevaricate when it comes to seizing Russian reserves
Ruchir Sharma