Brand Industrial Services Inc., a scaffolding and industrial services company that does business as BrandSafway, reported sharply lower first-quarter earnings as higher costs and spending on its push into data center construction weighed on results, according to people familiar with the matter.
Image source: The Motley Fool.DATEThursday, June 11, 2026 at 5 p.m. ETCALL PARTICIPANTSChairman and Chief Executive Officer — Shantanu NarayenPresident of Digital Media — David WadhwaniPresident of Digital Experience — Anil S. ChakravarthyInterim Chief Financial Officer — Steven DayTAKEAWAYSRevenue -- $6.62 billion, an 11% increase year over year, with growth attributed to subscription bookings converting into revenue.GAAP Earnings Per Share -- $4.25, reflecting 8% year-over-year growth; in...
BOLOGNA, Italien--(BUSINESS WIRE)--Das Italian Research Centre on High Performance Computing, Big Data, and Quantum Computing (ICSC) hat heute im CINECA, einem der führenden Supercomputing-Zentren Europas, den IQM Radiance 54-Quantencomputer in Betrieb genommen, mit dem sich fortschrittliche Anwendungen in den Bereichen Optimierung, Simulation und maschinelles Lernen realisieren lassen. IQM hat kürzlich seine derzeit stattfindende Unternehmensfusion mit der Real Asset Acquisition Corp (Nasdaq:
On June 1, 2026, SoftBank Group did something it hadnt done in over two decades: it overtook Toyota as Japans most valuable company. The milestone lasted just over a week before a setback tested the companys artificial intelligence (AI) investment thesis. Bloomberg reported on June 10 that ...
METZINGEN, Deutschland (IT-Times) - Neura Robotics, ein Entwickler von kognitiver Robotik mit Sitz in Deutschland, hat in einer weiteren Finanzierungsrunde frisches Kapital von Unternehmen wie Amaz...
SANTA CLARA, Kalifornien (IT-Times) - Die Bank of America hat einen Research-Bericht zu AMD veröffentlicht und erwartet ein deutlich höheres Wachstum bei CPUs für KI-Server. Die US-Investmentbank B...
The franchise dining sector has faced a challenging year, as several franchisees have filed for bankruptcy protection to restructure debts, sell locations, and, in some cases, close down underperforming restaurants that they cant sell. Much of the problem comes from rising costs of labor and food ...
Thirty years ago, having a six-figure income meant you could live comfortably, with all the accoutrements of wealth. These days, it’s just enough to make you a regular shopper at Dollar General. As inflation continues to rise and economic headwinds continue to squeeze household budgets, the “value ...
Meta remains one of the highest-quality tech companies in the market, and the recent pullback may encourage more investors to take a closer look at its stock.
Although the revenue and EPS for Lennar (LEN) give a sense of how its business performed in the quarter ended May 2026, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.
Bislang erwirtschaftet Elon Musks Weltraumfirma SpaceX keine riesigen Umsätze und schreibt Verluste. Der Gang an die Börse macht den Konzern dennoch vom Stand weg zu einem der wertvollsten Unternehmen der USA.
LONDON--(BUSINESS WIRE)--Smartstream, der vertrauenswürdige Anbieter von Datenlösungen für führende globale Finanzinstitutionen und Unternehmen, gibt heute bekannt, dass Comrade Trustee Services Limited (CTSL), Treuhänder des Defence Force Retirement Benefit Fund in Papua-Neuguinea, mit Smartstream Air live gegangen ist, der KI-gestützten Abstimmungs- und Datenautomatisierungslösung. Dadurch konnten die Verarbeitungszeiten von acht Stunden auf unter fünf Minuten gekürzt werden. Durch den Go-Liv
Trumps announcement came after House Democrats objections to his pick of Bill Pulte as acting chief ensured that a key national security tool expires Friday.
The database giants stock dropped after capital spending came in well above its own forecast. But that spending is revenue for the companies filling its data centers.
Cash has been one of the markets safest bets over the past few years. As stocks and bonds swung and interest rates climbed, investors put money into high-yield savings accounts and money market funds, happy to earn solid returns without much risk. But even as the Fed has started cutting rates from ...
June 11 began with President Trump writing that the United States would hit Iran hard again to try to force real negotiations to end the war between Israel and the United States and Iran that erupted on Feb. 28. "Hitting Iran hard" also included a presidential threat to seize Kharg Island, a coral ...
A Springfield man pleaded guilty in federal court Wednesday to wire fraud and money laundering involving fraudulent embezzlement of his clients’ retirement funds.
Sen. Elizabeth Warren seeking answers on changes to index provider waiting periods, protections for retail investors, in a letter obtained first by CNBC.
Berlin - Politiker von Union und SPD fordern vom Bund eine stärkere Unterstützung der Kinobranche in Deutschland. Das "Zukunftsprogramm Kino" habe sich als wirksames Instrument zur Stärkung der Kin...
Berlin - Der Deutsche Städte- und Gemeindebund (DStGB) fürchtet eine weitere Belastung der Kommunen durch die Reform des Gemeinsamen Europäischen Asylsystems (GEAS), die am Freitag in Kraft treten ...
Berlin - Nach dem Reformgipfel der Regierungsspitzen mit den Sozialpartnern hat DIHK-Präsident Peter Adrian an die Geschlossenheit und Handlungsfähigkeit der Regierungskoalition appelliert, damit R...
Berlin - Der Deutsche Philologenverband (DPhV) hat eine Strategie für den Umgang mit Social Media in Schulen gefordert. "Gerade in Krisen - wenn ein Kind gemobbt wird, wenn jugendgefährdende Inhalt...
Düsseldorf - Die Union warnt vor einem Weiter-So nach dem Inkrafttreten der Reform des Gemeinsamen Europäischen Asylsystems (GEAS) am Freitag. Der innenpolitische Sprecher der Union, Alexander Thro...
Berlin - Nordrhein-Westfalens Verkehrsminister Oliver Krischer (Grüne) pocht angesichts der Totalsperrung der Bonner Nordbrücke auf mehr Tempo beim Sanieren von Autobahnbrücken in ganz Deutschland....
Oil extended declines after President Donald Trump said a peace deal with Iran could be signed as soon as the weekend following US military strikes that cast doubt over progress to end the war.
Few business leaders have been as deeply embedded in popular culture as Elon Musk, the ambitious entrepreneur who has become a central figure in internet culture and amassed a fortune that has made him the worlds first trillionaire.
A rally in Wall Street stocks extended into Asia after President Donald Trump said the US was nearing an agreement with Iran, raising hopes for a diplomatic end to the conflict. Oil dropped.
Wall Street has spent two years pricing artificial intelligence through a single lens: compute. Who has the most chips, the most data center capacity, the most cloud infrastructure? That framework has been enormously rewarding for investors who recognized it early. A different infrastructure gap is ...