Microsoft reported quarterly earnings that impressed investors and showed how resilient the company is even as it spends heavily on AI. Some investors have been uneasy about the company’s aggressive spending on AI, while others have demanded it. During this quarter, Microsoft reported that it spent $20 billion on capital expenditures, nearly double what it … Read more
Insurance and reinsurance broker Aon reported today that year-to-date it has seen a 13% increase in catastrophe bond issuance volumes for the deals it has placed, while President Eric Andersen said the company remains agnostic as to form of coverage placed for clients, saying each has its place in the reinsurance capital stack.Aon said in … Read more
Airtel, India’s second-largest telecom operator, on Friday denied any breach of its systems following reports of an alleged security lapse that has caused concern among its customers. The telecom group, which also sells productivity and security solutions to businesses, said it had conducted a “thorough investigation” and found that there has been no breach whatsoever … Read more
By Thomas Kerr, CFA NASDAQ:HTCR READ THE FULL HTCR RESEARCH REPORT On August 14, 2024, HeartCore (NASDAQ:HTCR) reported 2nd quarter 2024 monetary outcomes which confirmed revenues beneath expectations regardless of 20% natural development within the core software program enterprise. Revenues within the quarter have been $4.1 million in comparison with $5.1 million within the 2nd … Read more
