Jacobs, Palantir Technologies Expand Partnership

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Jacobs, Palantir Technologies Expand Partnership

(RTTNews) - Jacobs Solutions, Inc. (J) and Palantir Technologies Inc. (PLTR) announced Wednesday an expansion of their partnership, focused on leveraging Palantir's AI capabilities to commercialize new AI solutions spanning critical infrastructure, advanced facilities, supply chain management and more.

Building on Jacobs' use of domain-specific algorithms with Foundry in its water sector, the company is now incorporating Palantir AIP to unlock unprecedented speed, greater efficiency and more informed decision-making for their clients - with security, control and auditability at the forefront.

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Jacobs Confirms Appointment Of Bob Pragada As New CEO

Jacobs Confirms Appointment Of Bob Pragada As New CEO

Following its leadership succession plan previously announced in September, Jacobs Solutions Inc. (J) confirmed on Tuesday that Bob Pragada has been appointed as Chief Executive Officer, effective January 24, 2023. He is expected to join the Company's Board of Directors upon certification of the results of its Annual Meeting later in the day.
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Jacobs Engineering Guides Q4 Adj. EPS Below Estimates - Update

Jacobs Engineering Guides Q4 Adj. EPS Below Estimates - Update

While reporting financial results for the third quarter on Monday, professional services provider Jacobs Engineering Group Inc. (JEC) provided its adjusted earnings outlook for the fourth quarter and reiterates its full-year 2022 outlook.
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German Economy Recovers On Spending, Investment

German Economy Recovers On Spending, Investment

The German economy recovered in the first quarter driven by higher private consumption and investment, flash data from Destatis revealed on Wednesday. Gross domestic product grew 0.2 percent sequentially, offsetting the 0.2 percent fall in the preceding quarter. The rate also matched economists' expectations. The calendar-adjusted GDP posted an annual fall of 0.2 percent.
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