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Dexcom plunges as revenue forecast cut spooks investors

BUZZ-Dexcom plunges as revenue forecast cut spooks investors Updates ** Medical device maker Dexcom's DXCM.O shares s lumped nearly 40% to $64.80 after co slashed its annual revenue forecast ** Stock touched a four-year low of $64.37 in early trading on Friday, with nearly $17 billion of the co's market value set to be wiped out if losses hold ** The glucose monitor maker attributed the outlook cut to the fallout from a revamp of its salesforce but which some analysts said raised questions about
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Dexcom plunges as revenue forecast cut spooks investors

UPDATE 4-Dexcom plunges as revenue forecast cut spooks investors Updates shares in paragraph 1-2 By Bhanvi Satija July 26 (Reuters) - Dexcom DXCM.O shares closed more than 40% lower on Friday after the glucose monitor maker slashed its annual revenue forecast due to the fallout from a salesforce revamp, prompting some analysts to question its long-term prospects .
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IBM climbs after beating revenue estimates, forecasting software business growth

BUZZ-IBM climbs after beating revenue estimates, forecasting software business growth ** Shares of IT software and consultancy services provider IMB IBM.N gain 4.1% to $191.54 premarket ** Co reports Q2 revenue of $15.77 bln, above analysts' estimates of $15.62 bln - LSEG data ** Raises forecast for its software business, sees high-single-digit percentage growth vs mid-single-digit earlier, as clients spend more on AI ** J.P.
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Google parent Alphabet beats Q2 revenue, profit estimates on strong ads, cloud

UPDATE 5-Google parent Alphabet beats Q2 revenue, profit estimates on strong ads, cloud Adds background, capex estimate, details on AI and Waymo in paragraphs 1-3, 6, 10-16, 21 By Greg Bensinger and Yuvraj Malik July 23 (Reuters) - Alphabet GOOGL.O beat second-quarter revenue and profit estimates on Tuesday, driven by a rise in digital advertising sales and healthy demand for its cloud computing services, but flagged that capital expenses would remain high for the year .
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Nike hires former Salesforce executive as CIO in tech division shakeup - Bloomberg News

MEDIA-Nike hires former Salesforce executive as CIO in tech division shakeup - Bloomberg News -- Source link: https://tinyurl.com/4v2c2c8b -- Note: Reuters has not verified this story and does not vouch for its accuracy
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Sustainable Switch: What are Kamala Harris’ ESG views?

Sustainable Switch: What are Kamala Harris’ ESG views? By Sharon Kimathi Energy and ESG Editor, Reuters Digital sharon.kimathi@thomsonreuters.com Hello! As United States Vice President Kamala Harris is potentially poised to become the Democratic presidential nominee in the November election, we break down her views and actions related to some key environment, social and governance topics.
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What are Harris' business views? Friendly to Big Tech, aggressive in climate fight

EXPLAINER-What are Harris' business views? Friendly to Big Tech, aggressive in climate fight Updates section on Wall Street supporters with information from source WASHINGTON, July 22 (Reuters) - U.S. Vice President Kamala Harris is potentially poised to become the Democratic presidential nominee in the November election. Here are her views and actions related to some key business topics.
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What are Harris' business views? Friendly to Big Tech, aggressive in climate fight

EXPLAINER-What are Harris' business views? Friendly to Big Tech, aggressive in climate fight Updates section on Wall Street supporters with information from source WASHINGTON, July 22 (Reuters) - U.S. Vice President Kamala Harris is potentially poised to become the Democratic presidential nominee in the November election. Here are her views and actions related to some key business topics.
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What are Harris' business views? Friendly to Big Tech, aggressive in climate fight

EXPLAINER-What are Harris' business views? Friendly to Big Tech, aggressive in climate fight Adds sections on Wall Street, Pharma, additions to Climate and Energy WASHINGTON, July 22 (Reuters) - U.S. Vice President Kamala Harris is potentially poised to become the Democratic presidential nominee in the November election. Here are her views and actions related to some key business topics.
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What are Harris' business views? Friendly to Big Tech, aggressive in climate fight

EXPLAINER-What are Harris' business views? Friendly to Big Tech, aggressive in climate fight Adds sections on Wall Street, Pharma, additions to Climate and Energy WASHINGTON, July 22 (Reuters) - U.S. Vice President Kamala Harris is potentially poised to become the Democratic presidential nominee in the November election. Here are her views and actions related to some key business topics.
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Harris' business views: friendly to Big Tech, aggressive in climate fight

EXPLAINER-Harris' business views: friendly to Big Tech, aggressive in climate fight Updates headline WASHINGTON, July 21 (Reuters) - U.S. Vice President Kamala Harris is potentially poised to become the Democratic presidential nominee in the November election. Here are her views and actions related to some key business topics. TECH REGULATION As California attorney general, Harris sued eBay EBAY.O in 2012, alleging anticompetitive hiring practices surrounding a no-poaching agreement with Intuit
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Harris' business views: friendly to Big Tech, aggressive in climate fight

EXPLAINER-Harris' business views: friendly to Big Tech, aggressive in climate fight Updates headline WASHINGTON, July 21 (Reuters) - U.S. Vice President Kamala Harris is potentially poised to become the Democratic presidential nominee in the November election. Here are her views and actions related to some key business topics. TECH REGULATION As California attorney general, Harris sued eBay EBAY.O in 2012, alleging anticompetitive hiring practices surrounding a no-poaching agreement with Intuit
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U.S. Vice President Harris' views on business issues

EXPLAINER-U.S. Vice President Harris' views on business issues WASHINGTON, July 21 (Reuters) - U.S. Vice President Kamala Harris is potentially poised to become the Democratic presidential nominee in the November election. Here are her views and actions related to some key business topics. TECH REGULATION As California attorney general, Harris sued eBay EBAY.O in 2012, alleging anticompetitive hiring practices surrounding a no-poaching agreement with Intuit INTU.O that led to a nearly $4 million
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Teleperformance falls on AI competition concerns as Salesforce unveils AI agent

BUZZ-Teleperformance falls on AI competition concerns as Salesforce unveils AI agent ** Shares in French call centre operator Teleperformance TEPRF.PA drop around 10% after rival Salesforce CRM.N announced its first fully autonomous AI agent ** The Salesforce announcement could pose a threat to Teleperformance's conventional call centre services, a
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Salesforce Announces Einstein Service Agent, Co's First Fully Autonomous AI Agent

BRIEF-Salesforce Announces Einstein Service Agent, Co's First Fully Autonomous AI Agent July 17 (Reuters) - Salesforce Inc CRM.N : SALESFORCE: ANNOUNCES EINSTEIN SERVICE AGENT, CO'S FIRST FULLY AUTONOMOUS AI AGENT SALESFORCE: EINSTEIN SERVICE AGENT IS CURRENTLY IN PILOT & TO BE GENERALLY AVAILABLE LATER THIS YEAR Source text for Eikon: [ID:] Furthe
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Hedge funds' bets on software companies hit record lows, Morgan Stanley says

HEDGE FLOW-Hedge funds' bets on software companies hit record lows, Morgan Stanley says By Carolina Mandl NEW YORK, July 15 (Reuters) - Global hedge funds' exposure to software stocks in the U.S. reached "new multi-year lows" last week after a broader sell-off in the technology sector, Morgan Stanley said in a note. "Software was the most net-sold, which continues the streak of net selling in the space since late-April and brings exposures to new multi-year lows," the bank said.
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Salesforce Cuts About 300 Jobs- Bloomberg News

BRIEF-Salesforce Cuts About 300 Jobs- Bloomberg News July 15 (Reuters) - SALESFORCE CUTS ABOUT 300 JOBS- BLOOMBERG NEWS Source text: https://tinyurl.com/e4cxuruv Further company coverage: CRM.N
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Smaller tech grapples with end of Big Tech put

BREAKINGVIEWS-Smaller tech grapples with end of Big Tech put The author is a Reuters Breakingviews columnist. The opinions expressed are his own. By Pranav Kiran TORONTO, July 12 (Reuters Breakingviews) - A jilted HubSpot HUBS.N will break many hearts. It apparently will not be acquired by Alphabet GOOGL.O , after all. Like many of its peers, the $25 billion software developer has been trading at a premium valuation, at least partly in anticipation of a larger rival scooping it up.
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Amazon dresses up its drab fashion with Saks stake

RPT-BREAKINGVIEWS-Amazon dresses up its drab fashion with Saks stake The author is a Reuters Breakingviews columnist. The opinions expressed are her own. By Jennifer Saba NEW YORK, July 10 (Reuters Breakingviews) - Amazon.com AMZN.O boss Andy Jassy is sharply pairing a tailored blazer with cheap cargo pants. The e-commerce goliath agreed to back Saks Fifth Avenue’s deal to buy rival swanky department store operator Neiman Marcus at the same time it’s considering a competitor to bargain cloth
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Amazon dresses up its drab fashion with Saks stake

BREAKINGVIEWS-Amazon dresses up its drab fashion with Saks stake The author is a Reuters Breakingviews columnist. The opinions expressed are her own. By Jennifer Saba NEW YORK, July 10 (Reuters Breakingviews) - Amazon.com AMZN.O boss Andy Jassy is sharply pairing a tailored blazer with cheap cargo pants. The e-commerce goliath agreed to back Saks Fifth Avenue’s deal to buy rival swanky department store operator Neiman Marcus at the same time it’s considering a competitor to bargain clothing
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