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Freshworks forecasts third-quarter revenue above estimates as AI drives strong demand

UPDATE 1-Freshworks forecasts third-quarter revenue above estimates as AI drives strong demand Adds stock movement in paragraph 1 By Jaspreet Singh July 30 (Reuters) - Software firm Freshworks FRSH.O forecast third-quarter revenue above Wall Street estimates on Tuesday, expecting a surge in demand for its AI -powered services, sending its shares up 12.6% in extended trading.
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Freshworks forecasts third-quarter revenue above estimates as AI drives strong demand

Freshworks forecasts third-quarter revenue above estimates as AI drives strong demand By Jaspreet Singh July 30 (Reuters) - Software firm Freshworks FRSH.O forecast third-quarter revenue above Wall Street estimates on Tuesday, expecting a surge in demand for its AI -powered services as customers ramp up digitization. Enterprise clients turn to Freshworks for its integrated platform that helps them manage customer interactions, sales and support, thereby reducing dependency on multiple products.
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U.S. STOCKS AbbVie, NYCB, Warner Bros Discovery

BUZZ-U.S. STOCKS ON THE MOVE-AbbVie, NYCB, Warner Bros Discovery Eikon search string for individual stock moves: STXBZ The Day Ahead newsletter: https://refini.tv/3LI4BU7 The Morning News Call newsletter: https://refini.tv/3dKUyB8 Wall Street's main indexes rose on Thursday, with the Nasdaq and the S&P reversing early losses while the Dow and small-cap stocks outperformed, as stronger-than-expected GDP data provided some relief after the previous session's tech mauling.
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U.S. STOCKS Universal Health Services, Robert Half, Lazard

BUZZ-U.S. STOCKS ON THE MOVE-Universal Health Services, Robert Half, Lazard Eikon search string for individual stock moves: STXBZ The Day Ahead newsletter: https://refini.tv/3LI4BU7 The Morning News Call newsletter: https://refini.tv/3dKUyB8 Wall Street's main indexes were mixed on Thursday as investors assessed stronger-than-expected GDP data and remained cautious after suffering a tech mauling in the previous session.
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S&P 500 top and bottom performing stocks at about 12:00 p.m. EDT

BUZZ - S&P 500 top and bottom performing stocks at about 12:00 p.m. EDT S&P 500 .SPX Top Performers Percent Change Molina Healthcare Inc MOH.N +16.7% ServiceNow Inc NOW.N +13.8% CBRE Group Inc CBRE.N +10.7% Pool Corp POOL.OQ +9.5% Tyler Technologies Inc TYL.N +8.8% Bottom Performers Percent Change Edwards Lifesciences Corp EW.N -28.8% Ford Motor Co
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