Previous close | 36.72 |
Open | 36.72 |
Bid | 37.00 x 0 |
Ask | 37.02 x 0 |
Day's range | 36.66 - 37.10 |
52-week range | 27.25 - 37.52 |
Volume | |
Avg. volume | 1,497,409 |
Market cap | 26.946B |
Beta (5Y monthly) | 0.92 |
PE ratio (TTM) | 58.76 |
EPS (TTM) | N/A |
Earnings date | N/A |
Forward dividend & yield | 0.97 (2.65%) |
Ex-dividend date | 20 May 2024 |
1y target est | N/A |
DXC Technology (NYSE: DXC), a leading Fortune 500 global technology services provider, will work with Ferrovial (NASDAQ: FER), one of the world's leading infrastructure companies, and Microsoft to jointly develop the generative Artificial Intelligence (AI) platform Quercus.
Ferrovial (Nasdaq: FER), a leading global infrastructure company, today announced Q1 results for the first time after being listed simultaneously in Spain, the Netherlands and the U.S. Adjusted EBITDA amounted $276 million in the first quarter of 2024, a 37.6% like-for-like growth versus Q1 2023, due to the solid growth of the Toll Roads and Construction divisions. Revenue increased by 3.5% in like-for-like terms to $2 billion in the period.
Ferrovial has teamed up with U.S. technology consulting firm DXC Technology to jointly develop the platform known as Quercus to accelerate and scale the adoption of Generative Artificial Intelligence (AI) across the infrastructure company's businesses and assets. DXC will oversee maintaining, developing, and marketing Quercus, which is based on a Ferrovial Generative AI project. Microsoft will provide the technology base for scaling up the platform.