Box reported better-than-expected Q1 results and raised its full-year revenue growth guidance to 9% year-over-year, signaling strong sales momentum. The company expects a pro forma EPS of $1.56 and a 28% operating margin for fiscal year 2027. Despite concerns about AI-driven SaaS disruption, Box's core file storage and collaboration services remain essential for enterprise IT, supporting its value proposition. The stock trades at relatively low multiples, suggesting it may be undervalued amid the current AI-focused market concentration on semiconductor stocks.
US stock futures increased following a tech-led rally, with the Nasdaq advancing while the Dow Jones fell in the previous session. The Federal Reserve is almost certain to keep interest rates unchanged in June, according to CME Group's FedWatch tool....
US stock futures increased following a Memorial Day break, supported by defensive US strikes on Iranian missile sites and optimism over AI-driven earnings growth. Key stocks like Elbit Systems and Intuitive Machines saw notable gains due to new contr...
This week, investors focus on key economic data including Core PCE inflation and GDP figures, which will influence Federal Reserve rate expectations and Treasury yields. Fed officials' speeches may further sway market views on monetary policy. Earnin...
