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The Latest Breaking News from MarketBeat

InterDigital Eyes $1B ARR by 2030 as 6G, AI Video and Patent Push Take Center Stage

InterDigital (NASDAQ:IDCC) executives outlined the company’s licensing model, growth targets and patent-enforcement strategy during an appearance at the J.P. Morgan TMC conference, emphasizing the company’s role in wireless, video compression and artificial intelligence research. Liren Chen, InterD

MarketBeat

IAC Conference Highlights People Inc. Pivot, AI Licensing Upside and MGM Bet

IAC (NASDAQ:IAC) is continuing its transformation from a holding company into People Incorporated, with executives describing the shift as a continuation of a strategy outlined earlier this year that includes asset sales, cost reductions and a sharper focus on People Inc. and MGM Resorts Internation

MarketBeat

Horizon Quantum Computing Pte. CEO Says Software Is Key to Quantum's Next Leap

Horizon Quantum Computing Pte. (NASDAQ:HQ) is positioning itself as a software-focused company in the quantum computing sector, aiming to build a hardware-agnostic development environment that can help developers write code for multiple types of quantum computers, Chairman and CEO Dr. Joseph Fitzsim

MarketBeat

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Honeywell International Nears June 29 Split With 'All Green Lights,' Reaffirms Outlook

Honeywell International (NASDAQ:HON) is on track to complete its planned separation on June 29, the first day of the third quarter, Chief Financial Officer and Senior Vice President Mike Stepniak said at an investor conference. Stepniak said the company is in the “final stages” of separating and de

MarketBeat

GSI Technology Bets on Edge AI as APU Projects Point to 2027 Revenue Ramp

GSI Technology (NASDAQ:GSIT) is positioning its associative processing unit, or APU, technology for artificial intelligence workloads at the edge rather than in data centers, Vice President of Sales and Investor Relations Didier Lasserre said during a company presentation. Lasserre, who said he has

MarketBeat

Gilead Sciences Highlights Trodelvy Lung Data, Long-Acting HIV Pipeline at RBC Conference

Gilead Sciences (NASDAQ:GILD) Chief Medical Officer Dietmar Berger outlined several upcoming clinical and regulatory priorities across oncology, inflammation and HIV during a discussion with RBC Capital Markets senior biotech analyst Brian Abrahams. Berger said Gilead is focused on advancing Trodel

MarketBeat

Amylyx Stock: Why the Full Pipeline Story Matters

Amylyx stock has surged on pipeline progress, but investors should understand the risks and long-term catalysts driving AMLX shares

MarketBeat

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GlobalFoundries Eyes AI, Data Center Growth as It Targets 40% Margins

GlobalFoundries (NASDAQ:GFS) Chief Financial Officer Sam Franklin said the company is positioning itself around data center demand, physical AI, silicon photonics, supply-chain diversification and custom silicon as it looks to expand revenue and margins over the next several years. Speaking with JP

MarketBeat

Gaia Leans on AI, Community Features to Boost Streaming Revenue and Retention

Gaia (NASDAQ:GAIA) Chief Financial Officer Ned Preston told investors at the LD Micro Invitational that the company is leaning on its niche streaming model, expanding artificial intelligence tools and new community features to drive higher average revenue and retention while maintaining a focus on f

MarketBeat

Fortinet Sees AI Data Centers, OT Security and Sovereign SASE Fueling Pipeline

Fortinet (NASDAQ:FTNT) executives said demand for AI-related data center security, operational technology protection and sovereign SASE offerings is contributing to a stronger pipeline, while the company continues to see product growth supported by firewall demand. Speaking at a J.P. Morgan-hosted

MarketBeat

JFrog Says AI Experimentation Fuels Cloud Growth, but Usage Visibility Stays Cloudy

JFrog (NASDAQ:FROG) executives said the company’s cloud business is benefiting from rising software usage tied in part to artificial intelligence experimentation, but management emphasized that it is maintaining a conservative forecasting approach because customer usage patterns remain uncertain. S

MarketBeat

Fermi Co-Founder Seeks Board Shake-Up, Strategic Review for Project Matador

Fermi (NASDAQ:FRMI) co-founder and largest shareholder Toby Neugebauer said he is calling for a special shareholder meeting to elect a new board majority, arguing that the company should evaluate strategic alternatives alongside its current tenant strategy for Project Matador. On a shareholder upda

MarketBeat

Flywire CEO Touts Streamlining, AI Gains and Growth Runway in Complex Payments

Flywire (NASDAQ:FLYW) CEO Mike Massaro said the payments company is seeing benefits from a strategic review that focused on streamlining operations, improving data and systems, and reinvesting in priority areas. Speaking in a fireside chat with Tien-Tsin Huang, Payments and IT Services Analyst at J

MarketBeat

Flexsteel Industries Sees Outsized Growth as Margins Rise, Buybacks Cut Share Count

Flexsteel Industries (NASDAQ:FLXS) executives outlined the furniture manufacturer’s growth strategy, margin outlook and capital allocation priorities during a company presentation, emphasizing recent share gains despite a weak industry backdrop. President and CEO Derek Schmidt said the company has

MarketBeat

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Flex Pitches AI Data Center Spin-Off as Power and Cooling Growth Accelerates

Flex (NASDAQ:FLEX) executives used a J.P. Morgan fireside chat to outline the rationale for the company’s latest planned spin-off, describe the growth expectations for the business being separated and frame the remaining Flex as a large, diversified manufacturing and services platform. Revathi Adva

MarketBeat

Fiserv Targets ‘Constant Compounder’ Comeback as Clover, AI and Banking Bets Ramp

Fiserv (NASDAQ:FISV) Chief Executive Officer Mike Lyons said the payments and financial technology company is focused on returning to a “constant compounder” profile by sharpening its business mix, improving execution and investing around two major markets: banking and commerce. Speaking with J.P.

MarketBeat

Workday Validates AI Flywheel: Stock Price Recovery Begins

AI-driven SaaS implementations are not a problem, and Workday is another prime example of how AI disruption is actually good for business.

MarketBeat

Adherex Technologies’ PEDMARK Push Targets Larger AYA Market After Record Quarter

Fennec Pharmaceuticals (NASDAQ:FENC) executives outlined the company’s commercial strategy for PEDMARK, its sodium thiosulfate product used to prevent cisplatin-related hearing loss, during a fireside chat at the H.C. Wainwright 4th Annual BioConnect Investor Conference. Ram Selvaraju, managing dir

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MarketBeat

Expedia Group Marks 30 Years With AI Push, Uber and CLEAR Partnerships

Expedia Group (NASDAQ:EXPE) used a company event marking 30 years of Expedia to outline new partnerships, artificial intelligence initiatives and partner tools aimed at increasing traveler demand and simplifying travel operations. CEO Ariane Gorin said the company’s purpose remains “to help travele

MarketBeat

MarketBeat Week in Review – 05/18 - 05/22

Stocks were up sharply to end the week as NVIDIA’s forward guidance showed tangible demand to support AI infrastructure and overshadowed mixed retail reports

MarketBeat

Exelixis Eyes CABO Growth as Zanzalintinib Readouts and Potential CRC Launch Near

Exelixis (NASDAQ:EXEL) remains focused on expanding its CABO franchise while preparing for potential launches and data readouts tied to zanzalintinib, Andrew Peters, the company’s senior vice president of strategy, said during a session hosted by RBC Capital Markets. Peters said Exelixis’ guidance

MarketBeat

Enlight Renewable Energy Targets AI Data Centers, $2.1B Revenue Run Rate by 2028

Enlight Renewable Energy (NASDAQ:ENLT) used its 2026 Investor Day to outline its long-term growth strategy, emphasizing renewable power demand, expansion in the United States and Europe, operational execution and a new push into data center development. Itay Banayan, Enlight’s chief corporate devel

MarketBeat

Euronet Worldwide Pitches Payments Platform Shift, Targets 10%-15% EPS Growth

Euronet Worldwide (NASDAQ:EEFT) used its 2026 Investor Day to reposition its business as a global payments platform built around shared technology, cross-segment distribution and digital growth initiatives, while management laid out a multi-year outlook calling for continued earnings growth and marg

MarketBeat

Definium Therapeutics Eyes Key DT-120 Depression Data, Advances Anxiety Program

Definium Therapeutics (NASDAQ:DFTX) Chief Financial Officer Brandi Roberts said the company is preparing for several key clinical and regulatory milestones for DT-120, including anticipated Phase III data in major depressive disorder later this quarter and ongoing Phase III work in generalized anxie

MarketBeat

Datadog CEO Touts AI, Cloud Migration as Revenue Growth Accelerates

Datadog (NASDAQ:DDOG) CEO and co-founder Olivier Pomel said the company is benefiting from both ongoing cloud migration and the rapid expansion of artificial intelligence workloads, describing the observability and security provider as still early in a long-running market cycle. Speaking at a compa

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