Tue, Feb 20, 2024 3:35 PM
Hindustan Foods Consolidated December 2023 Net Sales at Rs 729.15 crore!
A Flip by Avya Verma
Confluent (NASDAQ: CFLT) is a leader in data streaming, which is the technology responsible for many of our live digital experiences. For example, it's the magic behind real-time inventory information when we shop online, which tells us whether a product is in stock before we hit the buy button. Confluent just reported its financial results for the first quarter of 2024 (ended March 31).
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Shares of Palantir Technologies dropped 8% despite the company reporting solid first-quarter results and increasing its full-year guidance. Let's look at the company's quarterly results, why the stock is falling, and whether this is a buying opportunity for long-term investors. Reaccelerating growth. Palantir reported strong first-quarter results, with revenue growing 21% to $634 million
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At any given time, there is likely a hot story in the world of investing. Right now, that hot story is undoubtedly artificial intelligence (AI). Companies of all kinds are scrambling to present themselves as being in on AI, whether it's core to their business or not. That being said, because computers, automation, and technology generally drive much of modern society.
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