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Thoughtworks Holding Inc - TWKS STOCK NEWS

Welcome to our dedicated news page for Thoughtworks Holding (Ticker: TWKS), a resource for investors and traders seeking the latest updates and insights on Thoughtworks Holding.

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 Thoughtworks Holding'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 Thoughtworks Holding's position in the market.

Rhea-AI Summary
Thoughtworks (TWKS) and Aiven collaborate to reduce CO2 emissions in the IT industry by conducting a sustainability assessment and offering tools to manage cloud emissions. They align with EU regulations and work towards sustainable software development through open source solutions.
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Rhea-AI Sentiment
End-of-Day
-1.25%
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Rhea-AI Summary
Thoughtworks (NASDAQ: TWKS) releases volume 30 of the Technology Radar, emphasizing the impact of generative artificial intelligence (GenAI) on software delivery. The report highlights the potential of AI tools to enhance engineering teams' capabilities and outcomes, covering aspects beyond code generation. Thoughtworks advises caution in using emerging tools and stresses the importance of managing risks. Key themes in volume 30 include AI-assisted software development teams, new licensing models affecting open source software, improving pull requests in continuous integration, and emerging architecture patterns for large language models.
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Rhea-AI Summary
Thoughtworks (TWKS) to participate in Morgan Stanley Technology, Media & Telecom Conference on March 4, 2024 in San Francisco. Webcast details available on the company's website. Follow on social media for updates.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-6.35%
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conferences
Rhea-AI Summary
Thoughtworks (TWKS) partners with MetalX to drive digital innovation and growth in the recycling industry. MetalX selects Thoughtworks for modernizing systems and supporting aggressive growth into new market segments. The partnership aims to build innovative closed-loop recycling solutions to meet sustainability goals.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-2.19%
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Rhea-AI Summary
Thoughtworks Holding, Inc. (NASDAQ: TWKS) reported fourth quarter revenues of $252.4 million, below guidance due to supply constraints and cautious client behavior. The company added 46 new clients and achieved $81 million in annualized cost savings. However, net loss margin was (8.9)% in Q4. Full year revenues were $1,126.8 million, with a net loss margin of (6.1)% for 2023. Thoughtworks expects Q1 2024 revenues of $241-246 million and full year revenues of $980-1,010 million.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-28.85%
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Rhea-AI Summary
Thoughtworks (NASDAQ: TWKS) will report financial results for the fourth quarter and full year 2023 on February 27, 2024. The company will host a conference call to discuss its financial results with the investment community. A live webcast of the call will be available at https://investors.thoughtworks.com.
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Rhea-AI Sentiment
End-of-Day
5.01%
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conferences earnings
Rhea-AI Summary
Thoughtworks (NASDAQ: TWKS) has been named a Top 15 Sourcing Standout by Information Services Group (ISG) in the Breakthrough 15 category for the Americas region based on annual contract value (ACV) won over the last 12 months, according to the 4Q 2023 Global ISG Index™. Thoughtworks' inclusion in the ISG Index™ is based on data the company submits to ISG each quarter. The company's regional managing director expressed gratitude for the recognition, highlighting Thoughtworks' pioneering engineering practices and its ability to help clients maximize business value from digital assets through managed services and professional services.
Rhea-AI Impact
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End-of-Day
-1.49%
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Rhea-AI Summary
Thoughtworks (TWKS) Releases Fourth Edition of Looking Glass Report on GenAI and Data Strategy
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.3%
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AI
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Rhea-AI Summary
Thoughtworks (NASDAQ: TWKS) has been positioned in the Visionaries Quadrant in the 2023 GartnerⓇ Magic Quadrant™ for Custom Software Development Services, Worldwide. The company integrates strategy, design, and engineering to deliver value to over 300 clients, including global enterprises and technology disruptors. Thoughtworks helps solve clients’ most complex problems in digital transformation, cloud, platforms, data, artificial intelligence, and customer experience, product, and design. The Gartner report evaluated 20 vendors for its report on the custom software development services market.
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0.24%
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Thoughtworks (TWKS) expands business to Switzerland, aiming to scale up in key industry verticals in the European region. The company serves financial and health services clients and partners with SMG Swiss Marketplace Group and V-Zug. Thoughtworks' clients in Switzerland gain a digital service provider with local operations and global expertise from various industries.
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End-of-Day
1.8%
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Thoughtworks Holding Inc

Nasdaq:TWKS

TWKS Rankings

TWKS Stock Data

797.15M
91.92M
8.69%
87.08%
1.08%
Data Processing, Hosting, and Related Services
Information
Link
US
Chicago

About TWKS

a community of passionate individuals whose purpose is to revolutionize software design, creation and delivery, while advocating for positive social change. we work with people and organizations who have ambitious missions - whether they are in the commercial, social or government sectors. we set up smart teams who love challenges and think disruptively to help our clients succeed. our agile development tools help our clients continuously improve and deliver quality software. we are focused on helping our industry improve, and believe in sharing what we learn. we do this by writing books, blogging, running events, talking at conferences, and championing open source. we are strong believers in the power of software and technology as tools for social change. through our social impact program, we collaborate with organizations with a humanitarian mission and broad reach, helping them use technology to make an impact. learn more at http://www.thoughtworks.com/