+++ Geschäftszahlen +++: Exporte heben Gewinn von chinesischem E-Autobauer BYD an
Bertelsmann steigert Gewinn und erhöht Prognose +++ Strabag hebt dank Rekordaufträgen Jahresprognose an +++ Workday wächst dank KI-Software +++ Der Newsblog.
BYD, a Chinese electric vehicle manufacturer, reported improved business figures with its exports boosting profits. The German company Workday saw a rise in revenue due to strong demand for its AI-powered financial and human resources programs. In the second quarter, AI contributed more than 25% of their new annual contract value, increasing profits by 12.8% to $2.65 billion.
This met Wall Street expectations and forecasts for the current quarter, where the company anticipates subscription revenue of $2.52 billion. However, investors had higher hopes, causing the company's stock to fall by 5% post-market. Workday serves over 5,500 clients using at least one of their AI assistants. Despite the trend towards cloud services, the company faces challenges from a difficult economic environment.
Many clients are scrutinizing their IT budgets and delaying large software projects. Analysts believe there may be limited room for further expansion without price cuts, making it challenging to reignite growth in the financial and overseas sectors.
Written by urgent.news from Handelsblatt's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
