Latest Palo Alto News
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OpenAI co-founder Sutskever sets up new AI company devoted to 'safe superintelligence'
The Associated Press (AP) — Ilya Sutskever, one of the founders of OpenAI who was involved in a failed effort to push out CEO Sam Altman, said he's starting a safety-focused artificial intelligence company. Sutskever, a respected AI researcher who left the ChatGPT maker last...
Broadcom Inc.: Fiscal Q2 Earnings Snapshot
PALO ALTO, Calif. (AP) — PALO ALTO, Calif. (AP) — Broadcom Inc. (AVGO) on Wednesday reported fiscal second-quarter earnings of $2.12 billion. The Palo Alto, California-based company said it had profit of $4.42 per share. Earnings, adjusted for one-time gains and costs, came to...
HP: Fiscal Q2 Earnings Snapshot
PALO ALTO, Calif. (AP) — PALO ALTO, Calif. (AP) — HP Inc. (HPQ) on Wednesday reported fiscal second-quarter profit of $607 million. On a per-share basis, the Palo Alto, California-based company said it had profit of 61 cents. Earnings, adjusted for one-time gains and costs, were...
Palo Alto: Fiscal Q3 Earnings Snapshot
SANTA CLARA, Calif. (AP) — SANTA CLARA, Calif. (AP) — Palo Alto Networks Inc. (PANW) on Monday reported fiscal third-quarter earnings of $278.8 million. On a per-share basis, the Santa Clara, California-based company said it had profit of 79 cents. Earnings, adjusted for stock...
Guardant Health: Q1 Earnings Snapshot
PALO ALTO, Calif. (AP) — PALO ALTO, Calif. (AP) — Guardant Health Inc. (GH) on Thursday reported a loss of $115 million in its first quarter. On a per-share basis, the Palo Alto, California-based company said it had a loss of 94 cents. Losses, adjusted for non-recurring costs and...
AppLovin: Q1 Earnings Snapshot
PALO ALTO, Calif. (AP) — PALO ALTO, Calif. (AP) — AppLovin Corp. (APP) on Wednesday reported first-quarter net income of $236.2 million, after reporting a loss in the same period a year earlier. The Palo Alto, California-based company said it had net income of 67 cents per share....
Intapp: Fiscal Q3 Earnings Snapshot
PALO ALTO, Calif. (AP) — PALO ALTO, Calif. (AP) — Intapp Inc. (INTA) on Tuesday reported a loss of $6.9 million in its fiscal third quarter. The Palo Alto, California-based company said it had a loss of 9 cents per share. Earnings, adjusted for stock option expense and...
BridgeBio Pharma: Q1 Earnings Snapshot
PALO ALTO, Calif. (AP) — PALO ALTO, Calif. (AP) — BridgeBio Pharma Inc. (BBIO) on Thursday reported a loss of $35.2 million in its first quarter. The Palo Alto, California-based company said it had a loss of 20 cents per share. Losses, adjusted to extinguish debt, were 5 cents...
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