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Grid Dynamics Holdings, Inc. - $GDYN STOCK NEWS

Welcome to our dedicated page for Grid Dynamics Holdings news (Ticker: $GDYN), a resource for investors and traders seeking the latest updates and insights on Grid Dynamics Holdings stock.

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Rhea-AI Summary
Grid Dynamics Holdings, a leader in enterprise-level digital transformation services and solutions, proudly announced it has earned the Analytics on Microsoft Azure Advanced Specialization from Microsoft, showcasing the company's exceptional technical capabilities in designing, building, deploying, and running cloud-based enterprise analytics solutions. The program helps accelerate clients' development and adoption of cloud-based analytics solutions, providing guidance, resources, and funding, and supports the migration and modernization of existing customer data estates. This significant advancement underscores the dynamic and growing alliance between Grid Dynamics and Microsoft, fostering closer collaboration on large-scale, complex cloud analytics platforms leveraging Power BI, Azure's Data and AI Services, and the newly announced Microsoft Fabric solution platform.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
5.03%
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none
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Rhea-AI Summary
Grid Dynamics Holdings, Inc. (Nasdaq: GDYN) announced that it will ring the Opening Bell at the Nasdaq Stock Market on November 17, 2023. The Company's CEO, Leonard Livschitz, will lead the ceremony. Additionally, Grid Dynamics will host its first-ever Analyst & Investor Day on November 16, 2023 at the Nasdaq MarketSite.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
7.53%
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none
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Rhea-AI Summary
Grid Dynamics Holdings, Inc. reported third quarter 2023 revenue of $77.4 million, with non-retail industry verticals representing 65.7% of revenue. Retail was the largest vertical, accounting for 34.3% of revenue. The Technology, Media and Telecom vertical decreased by 1.5% on a sequential basis. The Finance vertical grew by 8.2% on a sequential basis. The CPG and Manufacturing vertical decreased by 11.1% and 39.8% on a sequential and year-over-year basis, respectively.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
9.27%
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Rhea-AI Summary
Grid Dynamics introduces GenAI Intelligent Document Processing Starter Kit to automate complex workflows and boost productivity. The starter kit enables companies in various industries to summarize information, answer questions, validate compliance, and make decisions. It leverages GenAI technology to automate tasks that traditional IDP and RPA methods cannot handle. This release expands Grid Dynamics' suite of enterprise GenAI solutions and supports the company's growth strategy.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-4.39%
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none
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Rhea-AI Summary
Grid Dynamics introduces Generative AI Product Data Starter Kit to address challenges in product catalog attribution and content creation
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-3.75%
Tags
AI
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Rhea-AI Summary
Grid Dynamics Holdings, Inc. announces details for its first-ever Analyst & Investor Day
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
2.28%
Tags
conferences
Rhea-AI Summary
Grid Dynamics earns Infra and Database Migration to Microsoft Azure Specialization, strengthening partnership with Microsoft.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
3.19%
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partnership
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Rhea-AI Summary
Grid Dynamics Holdings, Inc. to host video conference call to discuss Q3 2023 financial results
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
7.22%
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-
Rhea-AI Summary
Grid Dynamics releases updated Analytics Platform with advanced features for enterprise clients, strengthening market position
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.1%
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none
Rhea-AI Summary
Grid Dynamics Holdings, Inc. to host Analyst & Investor Day on November 16, 2023. Management will discuss GigaCube initiative and long-term strategy.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.84%
Tags
conferences
Grid Dynamics Holdings, Inc.

Nasdaq:GDYN

GDYN Rankings

GDYN Stock Data

752.97M
56.08M
27.43%
73.63%
3.66%
Data Processing, Hosting, and Related Services
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United States of America
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About GDYN

grid dynamics is an engineering it services company known for transformative, mission-critical cloud solutions for retail, finance and technology sectors. we’ve architected some of the busiest ecommerce services on the internet and have never had an outage during the peak season. founded in 2006 and headquartered in san ramon, california with offices throughout the us and eastern europe, we focus on big data analytics, scalable omnichannel services, devops, and cloud enablement. customers hire grid dynamics for highly complex and innovative projects for two reasons: experienced and super-smart engineers backed by industry-specific blueprints; and a collaborative engineering culture where all team members speak the same language, share the same values, and solve problems together. our team consists of exceptionally passionate software engineers and scientists who love tackling difficult problems and have developed a track record for innovation and quality with nearly every one of our cu