:Emerson Electric on Tuesday proposed to buy the rest of AspenTech that it does not own at a valuation of $15.1 billion, sharpening its focus on industrial automation.The company in 2021 merged its software units with smaller rival Aspen Technology to own about 55 per cent in the combined entity.Emerso

Palantir shares jumped over 12 per cent on Tuesday after the data analytics firm raised its annual revenue forecast for the third time, bolstering investor confidence that the artificial intelligence boom was fueling demand for its services.The company is among the biggest stock market winners of the gene

:Palantir shares jumped more than 14 per cent before the bell on Tuesday, after the data analytics firm raised its annual revenue forecast for the third time, bolstering investor confidence that the AI frenzy was fueling demand for its services.The company is among the biggest winners of the generative artifi

:Emerson Electric made a proposal on Tuesday to acquire the stake it does not already own in AspenTech for $240 per share in cash, doubling down on its industrial automation push.The proposal values AspenTech at $15.1 billion on an enterprise basis, Emerson said.Emerson already owns about 55 per cent o

:Palantir Technologies on Monday raised its annual revenue forecast for the third time, betting on strong spending from governments and rising demand for its software services from businesses looking to adopt generative AI technology.Shares of the data analytics company rose about 13 per cent in extended trad

Homegrown startups surpassed $1 billion in funding again across 119 deals in October

Two IT Service Companies with Positive Earnings Trends.