Zscaler’s Solid AI-Powered Quarter Isn’t Enough for Nervous Investors
Zscaler reports 26% revenue growth & raised FY26 guidance, yet shares fall 11% post-earnings amid AI fears in software stocks.
Zscaler reports 26% revenue growth & raised FY26 guidance, yet shares fall 11% post-earnings amid AI fears in software stocks.
Wall Street analysts from JPMorgan, Morgan Stanley, and Citi have downgraded Duolingo (DUOL) stock with big cuts to price targets, as the company shifts focus to user growth over quick profits in 2026.
X4 Pharmaceuticals receives positive CHMP opinion for mavorixafor, the potential first EU therapy for ultra-rare WHIM syndrome. EC decision expected Q2 2026.
KORE Group Holdings to go private in $726M all-cash deal with Searchlight Capital and Abry Partners. Shareholders get $9.25 per share. Expected close in 2026.
Meta abandons its most advanced in-house AI training chip (Olympus) due to design struggles and shifts focus to simpler MTIA versions while securing multi-billion deals to rent Google TPUs and buy chips from AMD & Nvidia.
Flutter, parent of FanDuel, reports Q4 misses amid prediction market pressures; shares drop as US forecasts fall short, but international outlook shines.