Palantir Shares Soar as Wall St Cheers Revenue Boost From AI Push

[ad_1] (Reuters) – Palantir Technologies shares surged 18.7% in premarket trading on Tuesday, as the data and analytics company’s strong fourth-quarter revenue growth led by increased demand for its AI offerings enthused investors. Revenue from Palantir’s commercial segment rose 32% year-over-year to $284 million in the reported quarter, helping the company post $608 million in…

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Infineon Scales Back Revenue Outlook on Currency Effects

[ad_1] BERLIN (Reuters) -German chip manufacturer Infineon on Tuesday trimmed its full-year revenue guidance and forecast second-quarter revenue below market expectations after industry-wide weak demand dented its first-quarter revenue. The company now expects full-year revenue of 16 billion euros ($17.20 billion), plus or minus 500 million euros, versus its previous expectation of 17 billion euros,…

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Tencent Working on Mobile Version of Hit Console Game ‘Elden Ring’, Sources Say

[ad_1] HONG KONG (Reuters) – China’s Tencent Holdings has been working to adapt acclaimed action role-playing console game “Elden Ring” into a mobile version, three people familiar with the matter said, as it searches for a new hit to refresh its ageing stock of games. The world’s largest gaming company by revenue acquired the licensing…

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