Earnings

Palantir shares surge 15% after company posts strong earnings and outlook

Alex Karp, chief executive officer of Palantir Technologies Inc., during a Bloomberg Technology television interview during the FoundryCon event in Palo Alto, California, US, on Thursday, March 7, 2024.  David Paul Morris | Bloomberg | Getty Images Palantir shares surged more than 15% in extended trading on Monday after the software company reported fourth-quarter earnings…

Earnings

Alphabet-backed fintech GoCardless halves losses, targets first annual profit in 2026

Hiroki Takeuchi, co-founder and CEO of GoCardless. Zed Jameson | Bloomberg | Getty Images Financial technology unicorn GoCardless more than halved losses in 2024 and said it’s aiming to reach full-year profitability by 2026. The London-based startup, which helps businesses collect recurring payments such as subscriptions, reported a net loss of £35.1 million ($43.8 million)…

Earnings

Eaton reports mixed results but makes clear its AI data center business is still full steam ahead

Published Fri, Jan 31 20252:39 PM ESTUpdated 42 Min Ago Zev Fima@zevfima Power management company Eaton in Pleasanton, California. Smith Collection | Archive Photos | Getty Images Eaton on Friday delivered mixed fourth-quarter results Friday, but the electrical components and power systems company made clear that its fast-growing data center business isn’t slowing down despite the…