- StockStory
Couchbase (NASDAQ:BASE) Posts Better-Than-Expected Sales In Q1, Next Quarter's Growth Looks Optimistic
Database as a service company Couchbase (NASDAQ: BASE) reported Q1 CY2024 results exceeding Wall Street analysts' expectations, with revenue up 25.2% year on year to $51.33 million. The company also expects next quarter's revenue to be around $51 million, slightly above analysts' estimates. It made a non-GAAP loss of $0.10 per share, improving from its loss of $0.27 per share in the same quarter last year.
- Reuters
Amazon's Zoox to begin testing robotaxis in Austin, Miami
Zoox will deploy its retrofitted Toyota Highlander test fleet in small areas near the business and entertainment districts of the two cities, it said in a statement. The announcement comes amid an investigation by the National Highway Traffic Safety Administration (NHTSA) into 500 Zoox vehicles equipped with automated driving systems after two crashes. Austin and Miami will mark the fourth and fifth public testing locations for Zoox, having already established operations in San Francisco, Las Vegas and Seattle.
- Yahoo Finance Video
S&P 500 and Nasdaq close at record highs
All three of the major indexes (^DJI,^GSPC, ^IXIC) ended the day higher on Wednesday, with the S&P 500 and Nasdaq closing at record highs, after a weaker-than-expected ADP employment report fueled Fed rate cut hopes. One of the biggest movers of the day was Nvidia (NVDA), which closed 5% higher. The AI tech giant's market cap surpassed $3 trillion for the first time. Yahoo Finance's Julie Hyman and Jared Blikre recap Wednesday's market action. For more expert insight and the latest market action, click here to watch this full episode of Market Domination Overtime. This post was written by Stephanie Mikulich.
