Latest news with #cloudsoftware
Yahoo
30-07-2025
- Business
- Yahoo
Verisk to buy AccuLynx for $2.4 billion
(Reuters) -Verisk agreed to acquire cloud-based software platform AccuLynx for $2.35 billion in cash, it said on Wednesday, as the data analytics and technology company aims to strengthen its tools for property claims. The move comes amid increasing digitization across insurance-related industries, with companies seeking to reduce manual processes and accelerate turnaround times on claims. The acquisition is expected to add to Verisk's revenue growth and adjusted EBITDA margin, and also to adjusted EPS by year-end 2026. The deal, expected to close by the end of the third quarter, will be funded through a combination of cash on hand and committed debt financing, Verisk said.
Yahoo
28-07-2025
- Business
- Yahoo
What You Need to Know Ahead of Oracle's Earnings Release
Austin, Texas-based Oracle Corporation (ORCL) offers products and services that address enterprise information technology environments worldwide. With a market cap of $688.5 billion, the company offers Oracle Cloud software as a service, including various cloud software applications. ORCL is expected to release its Q1 2026 earnings on Monday, Sept. 8. Ahead of this event, analysts project ORCL to report earnings of $1.15 per share, which represents a 2.5% decline from $1.18 in the same quarter last year. The company has surpassed or matched Wall Street's bottom-line estimates in three of the past four quarters, while missing on one occasion. More News from Barchart Warren Buffett Warns Inflation Turns Business Into 'The Upside-Down World of Alice in Wonderland' But Weeds Out 'Bad Businesses' Why GOOGL Stock May Be the Market's Next Big Winner Alphabet Posts Lower Free Cash Flow and FCF Margins - Is GOOGL Stock Overvalued? Tired of missing midday reversals? The FREE Barchart Brief newsletter keeps you in the know. Sign up now! For fiscal 2025, analysts forecast ORCL to report an EPS of $5.31, marking a 20.7% increase from $4.40 reported in fiscal 2024. Moreover, in fiscal 2026, its earnings are expected to grow 13.8% year-over-year to $6.04 per share. ORCL stock has grown 77.9% over the past 52 weeks, outperforming the Technology Select Sector SPDR Fund's (XLK) 22.7% surge and the S&P 500 Index's ($SPX) 18.3% uptick during the same time frame. On July 17, Oracle advanced nearly 1% in pre-market trading after Scotiabank initiated coverage of the stock with an "Outperform" rating and a $300 price target. Analysts' consensus view on ORCL is highly optimistic, with an overall "Strong Buy" rating. Out of 36 analysts covering the stock, opinions include 25 "Strong Buys," one 'Moderate Buy,' and ten "Holds.' ORCL currently trades above its average analyst price target of $236.57. On the date of publication, Kritika Sarmah did not have (either directly or indirectly) positions in any of the securities mentioned in this article. All information and data in this article is solely for informational purposes. This article was originally published on Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Wall Street Journal
23-07-2025
- Business
- Wall Street Journal
IBM Second-Quarter Results Rise on Consulting, Infrastructure Strength
International Business Machines posted higher sales and profit in the second quarter as cloud software sales jumped and its consulting business rebounded. The tech company on Wednesday posted a profit of $2.19 billion, or $2.31 a share, in the quarter ended June 30, up from $1.83 billion, or $1.96 a share, a year earlier.
Yahoo
21-07-2025
- Business
- Yahoo
Own AMPL stock? This Is the 1 Thing to Watch Now.
Key Points The cloud software company recently launched new AI agents. Earlier this month, the company acquired Kraftful, an AI startup. At a market cap of $1.5 billion, Amplitude still has considerable upside potential. 10 stocks we like better than Amplitude › Amplitude (NASDAQ: AMPL) caught a lot of attention from investors when it debuted in 2021. At the time, the cloud software company, which is focused on product analytics, was growing rapidly and tech stocks were still booming from the pandemic-driven tailwinds. However, Amplitude tumbled in the tech crash in 2022. The stock plunged and growth has slowed as many of its customers realized that they overestimated their need for its services, much like they did with most other software products, as the tech industry lost some of its primacy in the economic reopening following the pandemic lockdowns. The company was forced to lay off employees and retrench, and after some acquisitions and with the headwinds from the customer spend rationalization finally rolling off, Amplitude looks as strong as it's been in a long time. In fact, the stock has surged of late, up 56% over the last year as investors have responded to the company's momentum in its product lineup. However, there's one thing investors should be watching now. What can Amplitude do with AI? Amplitude, which still trades in a small-cap range at a market cap of less than $2 billion, is arguably as well-positioned as any company of its size to capitalize on AI technology. The company helps businesses discover and understand how customers use their digital products, like websites, apps, and other devices so they can learn what's working and make improvements. In the digital era, that's a valuable tool, and it could be greatly enhanced with artificial intelligence, which has the power to automate insights that now require a human to glean through data analysis. The company introduced its new Amplitude AI agents in June, which will do things like pull dashboards, run queries, test hypotheses, and determine which leads are the most promising. Among the specific AI agent templates are website conversion agents, onboarding agents, feature adoption agents, and monetization agents, which help improve the nuts-and-bolts points of engagement that most businesses are trying to accomplish online. Amplitude followed that up in July with its acquisition of Kraftful, an AI-native Voice of the Customer (VoC) start-up. Amplitude will capitalize on Kraftful's proprietary large language model (LLM), which can process massive amounts of user feedback data. The acquisition will help Amplitude further lock the capabilities in the data its software is uncovering, making its product suite even more valuable for customers. What's next for Amplitude In its first quarter, Amplitude reported 12% annual recurring revenue growth and 10% overall revenue growth, an improvement from recent years. The company has seen a jump in remaining performance obligations as well, which rose 30% to $325.9 million, showing that its customers are committing to longer contracts. That's a good sign that growth momentum is returning after years of elevated churn coming off the pandemic. Amplitude has a large base of more than 4,000 customers, ranging across industries from tech to consumer to industrials, and that includes 27% of the Fortune 100, showing it's landing large companies as well. Seeing a bump from the new AI agents could take time, but the new products will almost certainly help accelerate Amplitude's growth over the long term. The company was recently rated No. 1 in product analytics by G2, a research firm, and it has gained market share from larger competitors like Google Analytics and Adobe Analytics, which are more focused on marketing analytics rather than product analytics. As a leader in an emerging niche in software at a market cap of just $1.5 billion, Amplitude has a lot of upside potential. If its new AI agents gain traction, the stock could soar. Should you buy stock in Amplitude right now? Before you buy stock in Amplitude, consider this: The Motley Fool Stock Advisor analyst team just identified what they believe are the for investors to buy now… and Amplitude wasn't one of them. The 10 stocks that made the cut could produce monster returns in the coming years. Consider when Netflix made this list on December 17, 2004... if you invested $1,000 at the time of our recommendation, you'd have $652,133!* Or when Nvidia made this list on April 15, 2005... if you invested $1,000 at the time of our recommendation, you'd have $1,056,790!* Now, it's worth noting Stock Advisor's total average return is 1,048% — a market-crushing outperformance compared to 180% for the S&P 500. Don't miss out on the latest top 10 list, available when you join Stock Advisor. See the 10 stocks » *Stock Advisor returns as of July 15, 2025 Jeremy Bowman has no position in any of the stocks mentioned. The Motley Fool has positions in and recommends Adobe. The Motley Fool has a disclosure policy. Own AMPL stock? This Is the 1 Thing to Watch Now. was originally published by The Motley Fool Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
18-07-2025
- Business
- Yahoo
Insurity Announces Tennis Legend, Musician, Philanthropist, Pop Culture Icon, and #1 New York Times Bestselling Author John McEnroe as Keynote Speaker for Excellence in Insurance 2025
HARTFORD, Conn., July 18, 2025--(BUSINESS WIRE)--Insurity, a leading provider of cloud-based software for insurance carriers, brokers, and MGAs, today announced that tennis legend, musician, philanthropist, pop culture icon, and #1 New York Times bestselling author John McEnroe will serve as the keynote speaker at its annual Excellence in Insurance conference. The event will take place October 29-31 in Carlsbad, California, bringing together top insurance and MGA executives, thought leaders, and innovators from across the property and casualty industry. John McEnroe is widely recognized for his accomplishments both on and off the tennis court. The only male player to achieve a world No. 1 ranking in both singles and doubles, he remains one of the most accomplished figures in the history of tennis. Following his athletic career, McEnroe has continued to stay at the forefront of sports and entertainment as a bestselling author, television commentator, and founder of several philanthropic and arts-focused initiatives, including the Johnny Mac Tennis Project and the John McEnroe Tennis Academy. "John McEnroe's boldness, drive, and versatility mirror the spirit of innovation and leadership that defines the P&C industry today," said Sylvester Mathis, Chief Insurance and Revenue Officer at Insurity. "His story of excellence, reinvention, and staying power resonates far beyond tennis, and we're thrilled to welcome him to the Excellence in Insurance stage." Excellence in Insurance is an exclusive forum that brings together the brightest minds in P&C insurance to exchange ideas, explore new strategies, and address the industry's most significant challenges. Through high-impact sessions, real-world insights, and peer networking, the event equips attendees with the tools to thrive in an increasingly complex and fast-moving market. To learn more about the Excellence in Insurance conference, please contact About Insurity Insurity is a leading provider of cloud-based software for insurance carriers, brokers, and MGAs. Insurity is trusted by 22 of the top 25 P&C carriers and 7 of the top 10 MGAs in the US and has over 400 cloud-based deployments. Through its best-in-class digital platform and with unrivaled industry experience and the industry's most robust analytics offerings, Insurity is uniquely positioned to deliver exceptional value, empowering customers to focus on their core businesses, optimize their operations, and provide superior policyholder experiences. Insurity is a portfolio company of GI Partners and TA Associates. For more information, visit View source version on Contacts Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
