Stock Market stories - Page 3

DroneShield posts record AUD $92.9 million quarterly revenue, up 1,091%, driven by SaaS growth and new product launches, with positive operating cash flow.

Only 25% of mid-market firms have fully deployed AI, yet stock valuations assume full adoption, revealing a gap between hype and reality in AI investment.

Nebius Group has raised USD $4.3 billion to enhance its AI infrastructure and support expansion into Asia, focusing on biotech and drug discovery.

Blackpearl has acquired US AI firm B2B Rocket, boosting its annual recurring revenue to NZD $17.5m as it targets the US small and medium business sector.

Datadog joins the S&P 500 after reporting USD $2.8 billion revenue, marking a 26% rise as cloud and AI markets expand globally.

CrowdStrike's Q1 revenue rose 20% to USD $1.10bn with ARR growing 22% to USD $4.44bn, reflecting strong subscription and cash flow performance.

Freshworks has unveiled impressive Q4 results, with revenues reaching USD $194.6 million, marking a 22% increase year-on-year and signalling robust growth.

Sophos has acquired Secureworks for USD $859 million, solidifying its position as a top cybersecurity provider with enhanced comprehensive services.

Tiger Brokers, celebrating a decade in business, launches 24-hour trading in US stocks and ETFs for New Zealand investors.

Exxon Mobil – the largest United States oil and gas company – suffered the hardest hit, losing a market cap of US$82.02 billion in the last six months.

As the COVID-19 coronavirus pandemic continues to lead many market sectors into turbulence, the energy sector has not escaped unscathed.