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Doximity

All articles tagged with #doximity

business18 days ago•7 min saved

Doximity climbs 55% on AI optimism despite earnings miss

Doximity's stock jumped roughly 55% after its fiscal Q1 miss, as CEO Jeff Tangney highlighted a heavy AI investment plan and a 'once-in-a-generation' AI opportunity in medicine. The company’s Ask AI model reportedly outpaced rivals like Anthropic’s Fable 5 in a Stanford-Harvard study, and scribe note usage surged 10x year over year. The quarter showed adjusted earnings of 29 cents on $156.6 million revenue (vs 30 cents and $151.8 million expected), while Q2 revenue guidance was $170–$171 million, underscoring investor optimism about AI-driven growth.

via Barron's|

#ai #business #docs

business3 months ago•3 min saved

Cisco's AI revamp sparks rally as POET leads Thursday's stock movers

Stock futures edged higher as investors weighed U.S.-China diplomacy; Cisco jumped on AI restructuring and raised guidance, boosting its shares and sentiment for AI infrastructure plays, while POET Technologies jumped about 24%. Doximity and Enovix slid on weaker guidance and profitability concerns, with Take-Two, Kodiak Gas Services and Bullish among other movers.

via Seeking Alpha|

#business #canadian-solar #cisco-systems

business3 months ago•4 min saved

Tech-driven rally paves new market highs as inflation data stirs caution

Tech stocks led a rally that sent the S&P 500 and Nasdaq to closing records, while futures hinted at mixed moves after hours as April’s producer price index surprised to the upside. Cisco jumped after strong quarterly results and job cuts, Doximity sank on weak guidance, and Cerebras priced its AI chip IPO above expectations, highlighting AI-sector enthusiasm. Investors eye April retail sales, price data, and jobless claims ahead of more earnings this week.

via CNBC|

#business #cisco-systems #doximity

stock-market3 years ago•0 min saved

"Market Movers: Upstart, Penn, Marqeta, Lyft, Doximity, Rivian, Akamai, and More"

Several stocks are making significant moves in the stock market, including Upstart, Penn, Marqeta, Lyft, and Doximity.

via Barron's|

#doximity #lyft #marqeta

finance3 years ago•4 min saved

Wall Street Eyes Debt Ceiling Negotiations as Stock Futures Rise

Stock futures are slightly higher as investors await news on the U.S. debt ceiling negotiations. The Dow led the major indexes down with a 1% drop in Tuesday's regular session. Treasury Secretary Janet Yellen reiterated her warning that the government needs to raise the limit immediately as the country faces the possibility of defaulting as early as June 1. In addition to tracking any updates on debt ceiling negotiations, investors will watch for data on housing starts and building permits on Wednesday. Western Alliance and Keysight shares rose in after-hours trading, while Doximity slid after issuing weak guidance for the current quarter.

via CNBC|

#debt-ceiling-negotiations #doximity #finance