Veeva Systems reported Q1 earnings of $2.24 per share, surpassing the expected $2.13, and revenue of $882.95 million, beating the $853.65 million forecast. Subscription revenue rose 15% year-over-year to $730.2 million. CEO Peter Gassner highlighted progress in AI integration, shifting the company towards AI-driven industry applications. Veeva raised its fiscal 2027 adjusted EPS guidance to $9.05 and revenue outlook to $3.64-$3.65 billion, above analyst estimates. Despite strong results and outlook, Veeva's stock fell 6% to $168 in after-hours trading, possibly due to profit-taking or market reactions to valuation.
Bayview Acquisition Corp shareholders approved extending the deadline to complete its initial business combination from June 19 to December 19, 2026, allowing up to six one-month extensions. Only a small number of shareholders, less than 5%, redeemed...
In 2025, Amazon overtook Walmart as the highest revenue-generating American company with $717 billion, surpassing Walmart's $713 billion. Amazon's revenue grew 12% year-over-year, boosted significantly by $129 billion from its Amazon Web Services (AW...
Coralogix, a data and AI observability platform, secured $200 million in a Series F funding round led by Advent, CPPIB, and Greenfield, bringing its total funding to $550 million. The investment will accelerate development of AI-native observability ...
Coralogix, a data and AI observability platform, secured $200 million in a Series F funding round led by Advent, CPPIB, and Greenfield, bringing total funding to $550 million. The investment supports Coralogix's expansion of its AI-native observabili...
Coralogix, a data and AI observability platform, secured $200 million in Series F funding led by Advent, CPPIB, and Greenfield, raising total funding to $550 million. The investment supports the development of AI-integrated observability tools design...
