As activist investors loom, what’s next for Box?
Activist investors will only sit still for so long, and when they take action, it usually involves one of two approaches: Replace the leadership team or induce a sale. Box could be facing troubled times if a Reuters story from last week is.....»»
In Tesla Autopilot probe, U.S. prosecutors focus on securities, wire fraud
U.S. prosecutors are examining whether Tesla committed securities or wire fraud by misleading investors and consumers about its electric vehicles’ self-driving capabilities, three people familiar with the matter told Reuters. .....»»
Tim Cook: Apple has advantages that will set its generative AI apart from the competition
Following on from the announcement of Apple’s second quarter fiscal 2024 results, Apple CEO Tim Cook joined the company’s chief financial officer Luca Maestri on a call with investors. During this call, Cook again teased Apple’s upcoming genera.....»»
Apple charms investors with record $110B stock buyback, dividend hike
Alongside disclosing its earnings for Q2 2024, Apple also announced that it is increasing the dividend it pays to shareholders by 4%, and is also buying back more stock in one program than ever before.Apple ParkDuring its quarterly earnings report, A.....»»
Apple reversed its stock trajectory for the year in 30 minutes
Apple stock was having a tough year after some early gains — until investors erased the loss after Thursday's earnings report.Apple's share price has risen following its latest earnings reportInvestment firm Bernstein was right when it told clients.....»»
iPhone demand is falling, claims component supplier Skyworks
Apple supplier Skyworks has been regarded as a proxy for Apple's iPhone demand, and the company may have some bad news for investors.Apple's iPhone 15 ProSkyworks does not break down its earnings by customer, but it has been a longtime partner for Ap.....»»
Why Germany ditched nuclear before coal—and why it won’t go back
The past year has seen record renewable power production nationwide. Enlarge / Jürgen Trittin, member of the German Bundestag and former environment minister, stands next to an activist during an action of the environmental orga.....»»
Sublime Security secures $20 million to strengthen cloud email security and visibility
Sublime Security has raised $20 million in Series A funding, led by Index Ventures with participation from previous investors Decibel Partners and Slow Ventures. Cybersecurity visionary and Crowdstrike Co-founder & former CTO Dmitri Alperovitch is al.....»»
Dropzone AI raises $16.85 million to combat advanced AI attacks
Dropzone AI has raised $16.85 million in Series A funding. Theory Ventures led the round, adding to their cohort of existing investors Decibel Partners, Pioneer Square Ventures, and In-Q-Tel (IQT). Carta CISO Garrett Held, Head of Security at Postman.....»»
BforeAI raises $15 million to stop attacks before they occur
BforeAI has secured $15 million in Series A funding led by SYN Ventures, with renewed participation from early investors Karma Ventures, Karista, Addendum Capital, and a new investment from the Partnership Fund for New York City. BforeAI autonomously.....»»
Prophet Security emerges from stealth and raises $11 million
Prophet Security emerged from stealth with $11 million in seed financing led by Bain Capital Ventures (BCV) with participation from several security leaders and angel investors. At the core of the company’s unveiling is Prophet AI for Security Oper.....»»
Tesla asks investors to approve Musk’s $56 billion pay again
Tesla asks investors to approve Musk’s $56 billion pay again; it's the same compensation package that was voided by a Delaware court early this year......»»
Stellantis’ $39 million pay for CEO Carlos Tavares draws investor ire amid job cuts
At Tuesday’s annual general meeting, advisory firms Glass Lewis and Proxinvest are urging investors to vote against approving the €36.5 million ($39 million) total compensation package, up almost 60 percent from 2022 levels......»»
Researchers say "loss avoidance" is all the rage in private equity
Private equity (PE) is known as a "high-risk, high-return" asset class. But as risk-averse institutional investors continue to up their stake in PE, private fund managers are expected to provide metrics that characterize the riskiness of their portfo.....»»
Team develops method to help investors predict firms" decision-making, optimize portfolios, generate greater returns
Top management teams at most businesses are charged with maximizing shareholder wealth, making any actions that impede this goal their sole responsibility......»»
Psychological health of investors and stock market linked, study finds
A recent study by two Ball State University faculty members has found a clear and robust link between local stock market downturns and an increase in antidepressant use among investors......»»
Clocks going forward can catch investors napping: How investors" reactions are affected by sleep disruption
Clocks losing an hour in spring significantly affects how investors respond to companies that reveal unexpected levels of earnings, research shows......»»
Should the SEC ditch quarterly reporting?
In the minds of some, the manifold ills of corporate capitalism have a single source: short-termism. Because investors increasingly ignore long-term value in favor of quarterly returns, corporate managers are thought to have no choice but to adopt a.....»»
Apple schedules Q2 2024 earnings release for May 2 ahead of WWDC
Apple has just announced that it will release its earnings report for the second quarter of fiscal 2024 on Thursday, May 2. As usual, the company will release its Q2 2024 earnings report and then hold a conference call with investors and analysts to.....»»
StabilityAI chief resigns, raising doubts about AI start-up’s future
Resignation comes in wake of legal woes, battles with investors. Enlarge (credit: Lionel Bonaventure via Getty) The future of StabilityAI, once seen as among the world’s most promising artificial intelligence start-ups.....»»
Reddit share value 86% up on IPO price; may be good sign for tech sector
Redditors who took advantage of their privileged access to stock ahead of the IPO have seen Reddit share value rocket from $34 to $59.80 by yesterday’s close – an 86% increase. Early private investors have seen even greater returns, with OpenA.....»»