Rapid7 announced its Q1 2026 financial results, reporting total revenue of $210 million and annualized recurring revenue of $832 million, slightly down year-over-year. Despite a small GAAP operating loss, the company posted a non-GAAP operating income of $24 million and generated $33 million in free cash flow, reflecting strong operational cash generation. Rapid7 emphasized its strategic focus on AI-powered security operations and recent acquisition of Kenzo Security to enhance its managed detection and response services. The company provided guidance for Q2 and full-year 2026, expecting slight revenue declines but continued profitability and cash flow growth, positioning it well amid rising cybersecurity threats.
Talk of a Tesla-SpaceX merger is intensifying as Elon Musk moves closer to taking SpaceX public. The two companies already share engineering talent and collaborate on energy, computing, and infrastructure challenges. The potential deal is largely dri...
Agora, Inc. announced its Q1 2026 financial results with revenues rising 13.5% to $37.7 million and net income increasing to $1.1 million, marking its sixth consecutive quarter of GAAP profitability. The company launched Agent Studio, a no-code platf...
TIFIN.AI has launched TIFIN Australia, a new joint venture aimed at bringing advanced AI technology to the Australian wealth management market. Led by experienced executives Marcus Price and Justin Schmitt, the platform will offer AI-native solutions...
Webco Industries reported a net income of $8.0 million for Q3 fiscal 2026, up from $5.0 million the previous year, driven by a 15.6% increase in net sales to $179.6 million. The company also saw improved gross profit margins and increased operating i...
SpaceX is set for a massive IPO with a valuation between $1.5 trillion and $1.75 trillion, but it does not meet key S&P 500 inclusion criteria such as profitability, public float, and trading history. Market strategist Jay Woods argues against changi...
