Duncan Riley
Latest from Duncan Riley
Asana tops earnings expectations as operating loss swings to profit
Shares of Asana Inc. rose more than 8% in late trading today after the work management company reported earnings and revenue beats in its fiscal 2026 fourth quarter. For the quarter that ended on Jan. 31, Asana reported adjusted earnings per share of eight cents, up from breakeven in the same quarter of the previous ...
AI memory gold rush sparks high-speed bot assault on DDR5 inventory
A new report out today from cyberfraud protection startup DataDome SAS warns that surging demand for DDR5 memory, fueled by the artificial intelligence boom, has triggered a wave of automated scalping activity that is overwhelming online retailers and distorting supply. The report details how bots are now hitting DDR5 RAM product pages nearly six times more ...
Autodesk tops earnings estimates as billings surge 33%
Shares in Autodesk Inc. rose more than 5% in late trading today after the computer-aided design company reported earnings and revenue ahead of expectations in its fiscal 2026 fourth quarter and also provided stronger-than-expected guidance for the year ahead. For the quarter that ended on Jan. 31, Autodesk reported adjusted earnings per share of $2.85, ...
Zscaler stock drops after solid quarter fails to excite investors
Shares in Zscaler Inc. fell more than 9% in late trading today despite the cloud security company reporting beats in its fiscal 2026 second quarter and providing an outlook ahead of expectations, as investors were looking for something more upbeat from the company. For the quarter that ended on Jan. 31, Zscaler reported adjusted earnings ...
Block rallies after Dorsey slashes 40% of workforce in AI-native reset as earnings top estimates
Shares of Block Inc. surged more than 23% in late trading today after the financial services company announced that it was laying off more than 4,000 people from its approximately 10,000-person workforce alongside an earnings beat in its fiscal fourth quarter. For the quarter that ended on Dec. 31, Block reported adjusted earnings per share ...
Versa rolls out Sovereign SASE-as-a-Service to keep data and control planes within national borders
Versa Networks Inc. today announced the general availability of Sovereign SASE-as-a-Service, a fully managed sovereign secure access service edge offering delivered from infrastructure operated entirely within an organization’s legal jurisdiction. The solution has been designed to provide comprehensive SASE functionality, with the entire data, control and management planes contained within that same jurisdiction, a requirement ...
Google brings robotics software company Intrinsic in-house to accelerate physical AI
Google LLC announced today that it’s bringing robotics software company Intrinsic Innovation LLC into its core operations to accelerate development of physical artificial intelligence as part of its push to extend AI beyond digital applications and into real-world industrial environments. The move folds Intrinsic, a company that in 2021 was spun out of X, Alphabet Inc.’s ...
C3 AI shares plunge as earnings miss, shrinking sales and weak outlook rattle investors
Shares in C3.ai Inc. cratered more than 20% in late trading today after the artificial intelligence software maker fell well short of expectations in its fiscal 2026 third quarter. It also gave fourth-quarter guidance that was well below expectations amid declining revenue and continued operating losses that raise fresh concerns about the company’s growth trajectory. ...
Zoom shares sink after earnings miss and weaker fiscal 2027 outlook
Shares in Zoom Communications Inc. slumped nearly 3% in late trading today after the online communications company fell short of fiscal fourth-quarter earnings expectations and also missed on its first quarter and full-year earnings outlooks. For the quarter that ended on Jan. 31, Zoom reported adjusted earnings per share of $1.44, up from $1.41 per ...
Nutanix rallies on strong quarter and AMD investment as Everpure tops estimates
Shares of Nutanix Inc. and Everpure Inc., formerly Pure Storage Inc., both rose in late trading today as the companies whose products are often bought together impressed investors with earnings beats in their respective quarters. Nutanix’s shares, up about 15%, may have been buoyed as well by a new enterprise artificial intelligence deal with Advanced ...









