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Altair Engineering Inc. - $ALTR STOCK NEWS

Welcome to our dedicated page for Altair Engineering news (Ticker: $ALTR), a resource for investors and traders seeking the latest updates and insights on Altair Engineering stock.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Altair Engineering's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Altair Engineering's position in the market.

Rhea-AI Summary
Altair to release Q3 2023 financial results and outlook
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End-of-Day
-1.71%
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Rhea-AI Summary
Altair releases Altair HyperWorks 2023, a transformative update to its design and simulation platform
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End-of-Day
-1.07%
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Rhea-AI Summary
Altair acquires OmniQuest, an optimization software company, to enhance its optimization leadership in the market. Genesis, OmniQuest's flagship product, is widely used in the automotive and Formula 1 sectors for agile engineering processes and specialized tools. Genesis offers various analysis capabilities and supports equivalent static load method (ESLM).
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.38%
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Altair named to Newsweek's 'America's 100 Most Loved Workplaces' list and Fortune's 'Best Workplaces in Technology' list for 2023.
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0.19%
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Altair integrates Ultra Librarian CAD model library into its ECAD verification and multiphysics solutions, giving users access to over 16 million symbols, footprints, and 3D models. The integration saves time and improves accuracy, leading to more efficient workflows and cost savings.
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End-of-Day
-2.5%
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Altair CEO and CFO to participate in fireside chat at Goldman Sachs conference
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End-of-Day
0.89%
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conferences
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Altair SLC now available on Google Cloud Marketplace, reducing costs and improving efficiency.
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Rhea-AI Sentiment
End-of-Day
0.38%
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Rhea-AI Summary
Altair, a global leader in computational science and AI, released results from a survey revealing the widespread use of digital twin technology in the banking and financial industries. The survey showed that the BFSI sector is among the leading adopters of digital twins, using them for security, fraud detection, behavioral prediction, and more. Key findings include 71% of BFSI respondents leveraging digital twin technology and the top three applications being optimizing business processes, digitally monitoring real-time behavior, and predicting future behavior using predictive analytics.
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Rhea-AI Sentiment
End-of-Day
-0.73%
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Rhea-AI Summary
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End-of-Day
-0.73%
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conferences
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Rhea-AI Sentiment
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-9.59%
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Altair Engineering Inc.

Nasdaq:ALTR

ALTR Rankings

ALTR Stock Data

7.51B
26.36M
1.43%
103.66%
4.13%
Software Publishers
Information
Link
United States of America
TROY

About ALTR

altair is focused on the development and broad application of simulation technology to synthesize and optimize designs, processes and decisions for improved business performance. privately held with more than 2,500 employees, altair has more than 45 offices in 24 countries throughout north america, south america, europe and asia/pacific. with a 30-year track record for product design, advanced engineering software, on-demand computing technologies and enterprise analytics solutions, altair consistently delivers a competitive advantage to more than 5,000 corporate clients representing the automotive, aerospace, government and defense, and consumer products verticals. altair also has a growing client presence in the life sciences, financial services and energy markets.