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Box Integrates with ChatGPT to Enhance Enterprise Content Intelligence
Box announced it is bringing enterprise content and AI together to power more intelligent, actionable ways of working in ChatGPT. With the new integration, users can securely access and engage with their most important business content stored in Box directly from ChatGPT, making it easy to discover the right information, generate insights, and create new content. By putting files in the ChatGPT Library, Box and OpenAI are providing a frictionless way to leverage enterprise knowledge while maintaining Box's enterprise-grade security, permissions, and governance. "The next era of enterprise AI will be defined by how effectively AI can understand the content and context that power a business," said Aaron Levie, co-founder and CEO of Box. "The opportunity is to move beyond simply giving AI access to content and create experiences where the right files and information are at the center of how people interact with AI. By bringing Box and ChatGPT together, we're making enterprise knowledge a seamless and secure part of the AI experience, opening up entirely new ways for people to engage with their content and get work done."
Nasdaq Composite Rebounds, Micron Up 2.5%
Major indices rebounded from Monday's sell-off, led by tech-heavy Nasdaq Composite, as AI CapEx-themed trade showed some clear resurgence. Semiconductors, Computer Hardware, Communication Equipment, and Memory stocks traded notably firmer. Micronbounced 2.5%, Seagateand Western Digitalwere up over 3%, while Nvidia- heading into tomorrow's earnings - was up 2.2% on the day. Meanwhile, investors rotated out of Energy names - the worst performing sector in the S&P 500 today - as WTI Crude Oil pulled back by over $6 to $81 a barrel as the White House moves to exert greater economic pressure on Tehran to resolve the standoff over the Strait of Hormuz. In the opening hour of the evening session, index futures are flat heading into Wednesday's PCE inflation report as well as a tech earnings-rich afterhours session.In fixed income, although commentary regarding the efficacy of the "Bessent put" announced last Wednesday remains mixed, Treasuries are notably higher this week. On Tuesday, the yield on the 10-year note fell another 7 basis points to 4.64%. The perceived "dollar debasement" from the U.S. Treasury action is also keeping the greenback under pressure while supporting precious metals - gold briefly broke above $4,750 overnight, though silver remains capped below $70 per ounce.Check out this evening's top movers from around Wall Street, compiled by The Fly.HIGHER AFTER EARNINGS -Semtechup 3.4%HEICO Corporationup 2.4%DOWN AFTER EARNINGS -Qfin Holdingsdown 12.8%Intuitdown 9.3%nCinodown 5.6%Zoom Communicationsdown 4.0%Electromeddown 2.0%Boxdown 0.6%ALSO LOWER -Spyre Therapeuticsdown 10.1% after results from RA sub-study of SKYWAY basket trial
Sees Q3 Revenue Roughly $329M
Sees Q3 revenue roughly $329M, consensus $324.47M.
Raises FY27 Revenue View to Approximately $1.29B
Raises FY27 revenue view to roughly $1.29B from $1.28B, consensus $1.28B.
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