Latest news with #Globant
Yahoo
6 days ago
- Business
- Yahoo
Here's Why Globant (GLOB) Traded Down in Q2
Fred Alger Management, an investment management company, released its 'Alger Mid Cap Focus Fund' second-quarter 2025 investor letter. A copy of the letter can be downloaded here. Equity markets regained their strength in the second quarter of 2025. Class A shares of the fund outperformed the Russell Midcap Growth Index during the quarter. The Industrials and Energy sectors contributed to the relative performance of the strategy in the quarter, while Information Technology and Consumer Discretionary sectors detracted. In addition, please check the fund's top five holdings to know its best picks in 2025. In its second quarter 2025 investor letter, Alger Mid Cap Focus Fund highlighted stocks such as Globant S.A. (NYSE:GLOB). Globant S.A. (NYSE:GLOB) is a Luxembourg-based technology services company. The one-month return of Globant S.A. (NYSE:GLOB) was -1.55%, and its shares lost 54.28% of their value over the last 52 weeks. On July 23, 2025, Globant S.A. (NYSE:GLOB) stock closed at $90.10 per share, with a market capitalization of $3.969 billion. Alger Mid Cap Focus Fund stated the following regarding Globant S.A. (NYSE:GLOB) in its second quarter 2025 investor letter: "Globant S.A. (NYSE:GLOB) is a global technology services company that helps businesses transform digitally by creating software solutions, leveraging AI, and providing cloud-based services. Its customers primarily include large companies across North America, Latin America, and Europe. Shares detracted from performance during the quarter after the company reported weaker-than-expected fiscal first-quarter results, as revenue growth missed analyst estimates. The revenue shortfall was mainly due to clients delaying discretionary IT and digital transformation projects amid macroeconomic uncertainty, particularly within its North American segment. Management highlighted that the slowdown in non essential corporate spending—especially on projects unrelated to core operations or required digital upgrades—was the primary factor impacting new bookings and revenue growth." A close-up of an experienced game engineer's hands typing a complex code on a laptop. Globant S.A. (NYSE:GLOB) is not on our list of 30 Most Popular Stocks Among Hedge Funds. As per our database, 31 hedge fund portfolios held Globant S.A. (NYSE:GLOB) at the end of the first quarter, which was 25 in the previous quarter. Globant S.A. (NYSE:GLOB) reported solid results in Q1 2025, with revenues reaching $611 million, reflecting an 7% year-over-year growth. While we acknowledge the potential of Globant S.A. (NYSE:GLOB) as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock. In another article, we covered Globant S.A. (NYSE:GLOB) and shared the list of cheap IT stocks hedge funds are buying. In addition, please check out our hedge fund investor letters Q2 2025 page for more investor letters from hedge funds and other leading investors. READ NEXT: The Best and Worst Dow Stocks for the Next 12 Months and 10 Unstoppable Stocks That Could Double Your Money. Disclosure: None. This article is originally published at Insider Monkey. Error while retrieving data Sign in to access your portfolio Error while retrieving data Error while retrieving data Error while retrieving data Error while retrieving data
Yahoo
11-07-2025
- Business
- Yahoo
Globant, Suntory Global Spirits Partner to Deploy Gen AI Commercial Insights Agent
Globant (NYSE:GLOB) is one of the cheap IT stocks hedge funds are buying. On July 7, Globant announced a partnership with Suntory Global Spirits, which is a leader in premium spirits. The collaboration aims to build and deploy a gen AI-powered Commercial Insights Agent for Suntory Global Spirits. This AI Agent is designed to transform operations by compressing days of work into seconds and facilitating real-time decision-making. The AI-powered Commercial Insights Agent can interpret complex business questions across dashboards, reports, and unstructured documentation. By automating insight retrieval, the agent is expected to reduce operating costs associated with traditional business intelligence workflows and decrease the time-to-action. A close-up of an experienced game engineer's hands typing a complex code on a laptop. Additional benefits of the Commercial Insights Agent for Suntory Global Spirits include self-serve decision support at scale, which allows teams in different departments to independently access data insights, ask questions, or generate reports without dependencies on other teams. The agent is also trained on internal data to provide contextual GenAI recommendations. Globant (NYSE:GLOB) provides technology services worldwide. While we acknowledge the potential of GLOB as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the . READ NEXT: and . Disclosure: None. This article is originally published at Insider Monkey.
Yahoo
08-07-2025
- Business
- Yahoo
GLOB & Suntory Global Spirits Launch AI Commercial Insights Agent
Globant S.A. GLOB recently joined forces with Suntory Global Spirits, the global leader in premium spirits, to roll out a cutting-edge Commercial Insights Agent. This artificial intelligence (AI)-powered solution is transforming how teams across the beverage giant gather insights, make decisions and execute strategy in real-time, compressing days of analysis into seconds. Traditionally, commercial teams in large organizations have relied on business intelligence (BI) teams to access, interpret and present insights from numerous reports, dashboards and unstructured data, which leads to long wait times and high operational costs. Globant's Commercial Insights Agent seeks to eliminate these delays. By leveraging generative AI, the AI-powered agent can handle complex business queries across different data formats—structured dashboards, static reports and even unstructured documentation—more quickly. The agent empowers teams, particularly in sales, marketing and product management, to independently explore data and obtain real-time insights without relying on analysts or data science teams. This initiative breaks down silos and removes bottlenecks, accelerating the speed of execution across the addition to simple data retrieval, the agent provides contextual recommendations, backed by a generative AI engine trained on Suntory's internal data. The system offers tailored responses that account for the specific business context. Suntory Global Spirits plans to use it as a template for other AI-powered use cases, such as brand planning optimization, commercial forecasting and innovation pipeline management. By using a strong GenAI foundation, Suntory is becoming an AI-first company, where all areas from operations to innovation are enhanced through intelligent companies navigate increasingly complex markets and data environments, those that adopt generative and agentic AI are likely to surpass competitors in agility, responsiveness and insight-driven growth. This trajectory aligns with Globant's vision of the AI-powered enterprise, where every business process is improved or reimagined by intelligent software agents working seamlessly with human teams. Globant S.A. price-consensus-chart | Globant S.A. Quote Globant continues to transform businesses with leading-edge technology and AI-powered innovations. In June, the company introduced a groundbreaking approach to IT services with the launch of AI Pods—a first-of-its-kind subscription model for AI-powered services. AI Pods provide access to intelligent solutions for engineering, product definition, design and testing at scale, all under a flexible, token-based subscription system designed to disrupt traditional IT the last reported quarter, GLOB achieved 7% year-over-year top-line growth driven by secular trends in AI-related opportunities and strong business momentum. Its goal is a 100-client, client-centric model, a strategic initiative to maximize value from its top 100 clients through cross-industry innovation and subscription services. Ongoing innovations in AI Pods, Enterprise AI Platform and AI Studios are major the company is facing a tough macroeconomic environment. Since February, the risk of a U.S. recession has increased. Consumer spending is down, and trade tariffs have created uncertainty for many customers. In the United States, pipeline conversion has slowed and growth in some Latin American countries has been weaker than expected. At present, GLOB carries a Zacks Rank #5 (Strong Sell). Shares of the company have lost 49.5% against the Zacks Internet - Software and Services industry's growth of 41.8% in the past year. Image Source: Zacks Investment Research Some better-ranked stocks from the broader technology space are NETGEAR, Inc. NTGR, TaskUs, Inc. TASK and Cognizant Technology Solutions Corporation CTSH. NTGR currently sports a Zacks Rank #1 (Strong Buy), and TASK and CTSH carry a Zacks Rank #2 (Buy). You can see the complete list of today's Zacks #1 Rank stocks earnings beat the Zacks Consensus Estimate in the trailing four quarters, the average surprise being 179.12%. In the last reported quarter, NTGR delivered an earnings surprise of 105.71%. Its shares have gained 105.7% in the past earnings beat the Zacks Consensus Estimate in two of the trailing four quarters, matched in one and missed in the other, the average surprise being 6.39%. In the last reported quarter, TASK delivered an earnings surprise of 18.75%. Its shares have risen 20.2% in the past earnings beat the Zacks Consensus Estimate in the trailing four quarters, the average surprise being 6.38%. In the last reported quarter, CTSH delivered an earnings surprise of 3.36%. Its shares have grown 19.2% in the past year. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Cognizant Technology Solutions Corporation (CTSH) : Free Stock Analysis Report NETGEAR, Inc. (NTGR) : Free Stock Analysis Report Globant S.A. (GLOB) : Free Stock Analysis Report TaskUs, Inc. (TASK) : Free Stock Analysis Report This article originally published on Zacks Investment Research ( Zacks Investment Research
Yahoo
07-07-2025
- Business
- Yahoo
Suntory Global Spirits chooses Globant to build a Commercial Insights AI Agent and unlock Business Intelligence at Scale
Globant is partnering with Suntory Global Spirits to build a generative AI-powered Commercial Insights Agent With the Agent, Suntory Global Spirits employees can access data insights and self-service intelligence, speeding up decision-making across product development, marketing, sales and strategy NEW YORK, July 7, 2025 /PRNewswire/ -- Globant (NYSE: GLOB), a digitally native company focused on reinventing businesses through innovative technology solutions, today announced a reinvention partnership with Suntory Global Spirits, the world leader in premium spirits, to build and deploy a generative AI-powered Commercial Insights Agent. By compressing days of work into seconds and supporting real-time decision-making for sales, marketing, and strategy, Globant's Commercial Insights Agent is transforming operations for the beverage company. The AI-powered agent can interpret complex business questions across dashboards, reports, and unstructured documentation for Suntory Global Spirits, eliminating the need for manual insight requests. By automating insight retrieval, the Commercial Insights Agent reduces operating costs tied to traditional business intelligence workflows and significantly reduces time-to-action. What once required multiple cycles of back-and-forth between business and analytics teams can now be executed on demand, freeing up employees to focus on higher-value strategic tasks. "Our work with Suntory Global Spirits exemplifies how visionary companies can harness the power of agentic and generative AI to fundamentally transform the way they operate," said Santiago Noziglia, Retail, CPG and Automotive AI Studio CEO at Globant. "The Commercial Insights Agent is more than a productivity tool; it's a strategic enabler that redefines how teams access knowledge, make decisions, and unlock growth. Together, we're pushing the boundaries of what's possible when building an AI-powered enterprise." Additional benefits of the Commercial Insights Agent include: Self-serve decision support at scale: Teams at Suntory Global Spirits, especially across marketing, sales and product management, can independently access data insights, ask questions, or generate reports without bottlenecks or dependencies on other teams. Contextual recommendations powered by GenAI: The Commercial Insights Agent is trained on internal data to provide contextual GenAI recommendations that speed up decision-making. AI Agent foundation: The Commercial Insights Agent is just the beginning for Suntory Global Spirits, which can now use the agent as a template for new use cases across brand planning, commercial forecasting and innovation pipelines. To learn more about Globant's AI-powered tools, visit About Globant At Globant, we create the digitally-native products that people love. We bridge the gap between businesses and consumers through technology and creativity, leveraging our expertise in AI. We dare to digitally transform organizations and strive to delight their customers. We have more than 31,100 employees and are present in 36 countries across 5 continents, working for companies like Google, Electronic Arts, and Santander, among others. We were named a Worldwide Leader in AI Services (2023) and a Worldwide Leader in Media Consultation, Integration, and Business Operations Cloud Service Providers (2024) by IDC MarketScape report. We are the fastest-growing IT brand and the 5th strongest IT brand globally (2024), according to Brand Finance. We were featured as a business case study at Harvard, MIT, and Stanford. We are active members of The Green Software Foundation (GSF) and the Cybersecurity Tech Accord. Contact: pr@ up to get first dibs on press news and updates. For more information, visit View original content to download multimedia: SOURCE GLOBANT
Yahoo
02-07-2025
- Business
- Yahoo
Globant S.A (GLOB) Announces a New Suite of AI Tools for Marketing
Globant S.A. (NYSE:GLOB) is one of the 10 Best 52-Week Low Tech Stocks To Buy According to Analysts. On June 18, Globant S.A. (NYSE:GLOB) announced the launch of Globant Fusion, which is a new suite of AI tools designed for marketing, communications, and advertising. The announcement came in at the Cannes Lions International Festival of Creativity and marks the first set of AI agents designed for full-funnel marketing. Globant S.A. (NYSE:GLOB) combined the company's GUT creative skills with its advanced AI platform allowing marketing teams to turn proven ideas into smart, scalable solutions. A close-up of an experienced game engineer's hands typing a complex code on a laptop. The new suite of tools centralizes key marketing tasks in one system. It adapts to different channels, budgets, and business needs. Globant Fusion includes AI Agents like Scale Ads, Content, Images, Video, and Landing Pages. Management noted that early clients using the tools have seen a 23% increase in click-through rates, four times more assets created, and six times faster adaptations. Globant S.A. (NYSE:GLOB) is a technology services company that designs and builds innovative software products and solutions to help businesses transform digitally. While we acknowledge the potential of GLOB as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock. READ NEXT: The Best and Worst Dow Stocks for the Next 12 Months and 10 Unstoppable Stocks That Could Double Your Money. Disclosure: None. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
