SentinelOne announced it will reduce its full-time workforce by 8% to prioritize investments in artificial intelligence and data, causing its shares to fall 12%. CEO Tomer Weingarten described the layoffs as a strategic move to streamline operations and enhance performance, not a reaction to market pressures. The company expects a one-time $25 million charge from the layoffs and provided revenue guidance below analyst expectations for both the current quarter and full year. This move aligns with broader tech industry trends where companies like Wix, Cisco, and Block are also cutting jobs to reallocate resources toward AI innovation.
Actuate Therapeutics presented data at ASCO 2026 showing that elraglusib, combined with gemcitabine/Abraxane or FOLFIRINOX, significantly improves median overall survival in patients with metastatic pancreatic ductal adenocarcinoma, especially those ...
Kinross Gold Corporation published its 2025 Sustainability Report showcasing its commitment to responsible mining through significant economic contributions of $4.9 billion to host countries and strong performance in environmental, social, and govern...
Hewlett Packard Enterprise (HPE) shares surged over 7% in premarket trading, reaching a new 52-week high as investors anticipate the company's Q2 earnings report due after market close on June 1. Analysts expect earnings per share of 54 cents, up 42%...
US stock futures rose following weekend US strikes in Iran targeting radar and command sites in response to aggressive Iranian actions, including the downing of a US drone. The S&P 500 ended May at a record high, supported by strong performances in t...
Auddia Inc. announced a 12-month partnership between its AI-driven Discovr Radio platform and Beatcave, Canada's leading independent music community. Discovr Radio becomes Beatcave's official membership partner, offering independent artists guarantee...
