DIRS.INFO The most relevant business & tech news

☆ ServiceNow CEO Bill McDermott on Q2 beat: This is the AI platform for business transformation
▼ + stars: | 2024-07-25 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailServiceNow CEO Bill McDermott on Q2 beat: This is the AI platform for business transformationServiceNow chairman and CEO Bill McDermott joins 'Squawk on the Street' to discuss the company's quarterly earnings results, the resignation of former COO and president CJ Desai, impact of AI, and more.

Persons: Bill McDermott, CJ Desai Organizations: Q2

☆ Stocks making the biggest moves midday: Ford, Viking Therapeutics, ServiceNow and more
▼ + stars: | 2024-07-25 | by ( Sean Conlon | ) www.cnbc.com time to read: +6 min

Ford posted adjusted earnings per share of 47 cents compared to the consensus forecast of 68 cents, according to LSEG. Edwards also reported second-quarter adjusted earnings of 70 cents a share, a penny above expectations, per LSEG. Honeywell — Shares moved more than 4% lower after the industrial giant's full-year outlook missed analysts' expectations. According to LSEG, analysts were expecting earnings to come in at $2.20 per share on $15.62 billion in revenue. Northrop Grumman — The defense stock climbed more than 5% after the company beat second-quarter earnings expectations.

Persons: Ford, Molina, FactSet, Edwards Lifesciences, Edwards, CJ Desai, LSEG, RTX, AbbVie, Northrop Grumman, —, Alex Harring, Yun Li, Pia Singh, Hakyung Kim, Jesse Pound Organizations: Ford, Viking Therapeutics, U.S . Army . American Airlines, American Airlines, Honeywell —, Southwest Airlines —, Southwest, Citi, Hasbro, Revenue, Machines, Business Machines, Nasdaq

☆ Stocks making the biggest moves premarket: American Airlines, Honeywell, RTX, Ford and more
▼ + stars: | 2024-07-25 | by ( Hakyung Kim | ) www.cnbc.com time to read: +7 min

Southwest reported 58 cents in adjusted earnings per share on $7.35 billion of revenue. Analysts surveyed by LSEG were looking for a profit of 51 cents per share on $7.32 billion in revenue. RTX reported $1.41 earnings per share, ex-items, compared to analysts' estimate of $1.30 per share, according to LSEG. KLA reported adjusted earnings of $6.60 per share, higher than analysts' expectations of $6.15 per share, according to LSEG. Ford reported adjusted earnings per share of 47 cents, significantly less than the consensus forecast of 68 cents, per LSEG.

Persons: oversupply, overshadowing, AbbVie, Dow, LSEG, Northrop Grumman, Dr Pepper, ServiceNow, CJ Desai, Molina, FactSet, Edwards, Ford, —, Yun Li, Jesse Pound, Christina Cheddar Berk, Fred Imbert Organizations: Airlines —, American Airlines, Honeywell —, Southwest Airlines —, Hasbro, IBM, Northrop, LSEG, Nasdaq, KLA Corporation, U.S . Army, Molina Healthcare, Technology, Ford, Viking Therapeutics Locations: LSEG

☆ ServiceNow raises annual subscription revenue forecast on robust demand; COO resigning after government contract complaint
▼ + stars: | 2024-07-24 | by ( ) www.cnbc.com time to read: +1 min

ServiceNow raised its full-year subscription revenue forecast on Wednesday as its enterprise customers adopt artificial intelligence-enabled cloud-based software. A burgeoning demand for workflow automation and the company's continued efforts in generative AI helped ServiceNow drive growth. The company projected full-year subscription revenue between $10.575 billion and $10.585 billion, above analysts' estimate of $10.565 billion, according to LSEG data. It had previously projected between $10.560 billion and $10.575 billion for full-year subscription revenue. On an adjusted basis, the company earned $3.13 per share during the quarter, compared with estimates of a profit of $2.84 per share.

Persons: ServiceNow, CJ Desai Organizations: U.S . Army Locations: Prodapt

Search resuls for: "CJ Desai"

4 mentions found