Cisco Systems raised annual revenue forecast on Wednesday, a sign of improving demand as the computer networking equipment maker shifts focus to cybersecurity, cloud systems and AI-driven products. Companies have ramped up investments in AI technologies which require heavy computing power,

Singapore's Grab Holdings GRAB.O raised its forecast for fiscal 2024 revenue on Monday (Nov 11), as it anticipates robust growth in its food delivery and ride-hailing businesses. US-listed shares of the company jumped over 10 per cent in extended trading.

The Southeast Asian ride-hailing company lifted its annual revenue growth forecast to 17%-18%.

Palantir, whose services include providing software to governments that visualizes army positions, posted a 40% rise in U.S. government revenue in the third quarter, which made up more than 44% of total sales of $725.5 million. Analysts on average had expected total sales of $701.1 million, according to data compiled by LSEG.

Grab Holdings raised its forecast for fiscal 2024 revenue on Monday, as it anticipates robust growth in its food delivery and ride-hailing businesses. The company expects revenue in the range of $2.76 billion to $2.

Singapore’s Grab Holdings raised its revenue forecast for fiscal 2024, signaling expectations of strong performance in its food delivery and ride-hailing sectors, particularly during the holiday season.