Duncan Riley
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Shares in Akamai Technologies Inc. surged more than 26% in late trading today after the cybersecurity and cloud computing company reported in-line first-quarter results and disclosed a $1.8 billion, seven-year commitment from a leading U.S.-based frontier model provider for its cloud infrastructure …
Block raises 2026 outlook after first-quarter earnings beat, accelerating gross profit growth
Shares of Block Inc. rose more than 8% in late trading today after the financial services company beat earnings expectations, accelerated gross profit growth and raised its full-year outlook on the back of a deepening artificial intelligence push inside the business. For …
Cloudflare beats on earnings, but 20% AI-driven layoffs and weak guidance send shares down
Shares in Cloudflare Inc. plunged more than 16% in late trading today after the content delivery network and security company beat fiscal 2026 first-quarter estimates but issued second-quarter revenue guidance that fell short of expectations. It also announced plans to cut about …
‘Infrahub’ maker OpsMill raises $14M to give AI agents a single view of enterprise infrastructure
Infrastructure data management startup OpsMill SAS announced today that it has raised $14 million in new funding to expand its infrastructure data management platform aimed at making enterprise information technology environments ready for artificial intelligence-driven automation. Founded in 2023, OpsMill develops software …
Corgi raises $160M at $1.3B valuation to expand AI-native insurance platform
Corgi Insurance Inc., an artificial intelligence-native insurance carrier built for startups, revealed today that it has raised $160 million in new funding at a $1.3 billion valuation to expand its startup insurance products, develop its technology further and move into new verticals. …
Amplitude shares slide after revenue beat, earnings miss and softer profit outlook
Shares of Amplitude Inc. dropped sharply in late trading today after the analytics company reported a mixed fiscal 2026 first quarter that beat on revenue but missed slightly on adjusted earnings, even as it raised its full-year revenue outlook. For the quarter …
Fortinet shares surge on first-quarter earnings beat and raised outlook
Shares of Fortinet Inc. surged more than 15% in late trading today after the cybersecurity company reported strong beats in revenue and earnings in its fiscal 2026 first quarter and lifted its full-year outlook. For the quarter that ended on March 31, …
Atlassian opens Teamwork Graph and pushes Rovo into agentic execution at Team ’26
Atlassian Corp. today unveiled a sweeping set of artificial intelligence updates at its annual Team ’26 conference, headlined by the broad opening of its Teamwork Graph and the evolution of its Rovo AI assistant from a helper into an agent that can …
Tanium and ServiceNow launch joint solution to automate endpoint patching and remediation
Cybersecurity software provider Tanium Inc. today announced a new partnership with ServiceNow Inc. to deliver a joint autonomous information technology solution, ITOM AI Prime powered by Tanium. The joint offering integrates the Tanium Autonomous IT Platform with ServiceNow IT Operations Management AI Prime into …
Security training startup Herd Security raises $3M to expand AI capabilities
Security training platform startup Herd Security Inc. today announced that it has raised $3 million in new funding to expand product development across new training categories in human resources and artificial intelligence, optimize its AI-powered video generation capabilities and grow its partnership …