Workday downgraded by multiple analysts after buyout report, stock slides
Analysts from Deutsche Bank, BTIG, and others downgraded Workday following reports of a potential Silver Lake buyout, citing overly optimistic growth expectatio
Barron's · +9 outlets
Salesforce borrowed $25B for buybacks, cut cash flow growth guidance in half
Salesforce spent a record $27 billion on buybacks in a single quarter as CEO Marc Benioff fights the 'SaaSpocalypse,' but cash flow growth guidance was halved.
The Globe and Mail · +3 outlets
Alphabet earnings rise 24% as Google Cloud backlog hits $514B
Alphabet posted strong earnings with cloud backlog surging, while CEO Sundar Pichai raised capex guidance to $205 billion.
Yahoo Finance · +6 outlets
ECB warns AI tech stock valuations echo past market bubbles
The European Central Bank cautioned that AI tech stock valuations resemble past bubble patterns, while Goldman Sachs warns of a potential 'earnings bubble.'
The Cryptonomist · +6 outlets
Oracle plans more layoffs as AI spending surges
Oracle is conducting additional layoffs while simultaneously ramping AI-related capital spending.
TradingView · +14 outlets
Adobe trades at 10 times forward earnings despite record revenue and AI-driven ARR surge
Adobe's low valuation multiple versus its AI-driven growth has analysts debating whether the stock is a value play or a value trap.
NAI500 · +14 outlets
Hive Digital signs $350M GPU cloud services pact with enterprise customer
Hive Digital secured a $350 million multi-year GPU cloud contract expected to add $70 million in annual recurring revenue, pushing shares higher.
TipRanks · +14 outlets
Oracle, software stocks fall as AI trade seesaws
Software stocks declined broadly as the AI-driven rotation showed signs of volatility.
Barron's · +1 outlets
Atlassian shares surge after strong cloud revenue growth
Atlassian reported strong cloud migration results, with analysts comparing its momentum against Salesforce.
sekbernews.id · +14 outlets
ServiceNow stock holds firm after earnings beat, autonomous security and Brazil AI push
ServiceNow's stock remained steady following its July earnings beat, with new AI-driven initiatives in security and Brazil expansion.
AD HOC NEWS · +7 outlets
Palantir trades at 74x sales; history shows what happens to software stocks at that multiple after a blowout quarter
Palantir's extreme valuation multiple draws comparisons to past software stock peaks, raising questions about sustainability.
The Globe and Mail · +3 outlets
SAP's dual-pronged AI offensive: billion-euro acquisitions plus partner ecosystem play
SAP is pursuing AI growth through major acquisitions and a partner-led ecosystem strategy; its stock has risen over 31% in 30 days.
AD HOC NEWS
Goldman Sachs sees no valuation bubble in tech but warns of possible earnings bubble
Goldman Sachs argues tech valuations are not in bubble territory but warns that inflated earnings expectations could pose risks.
indiagazette.com · +14 outlets
US corporate AI spending accelerates but earnings impact remains limited
Enterprise AI spending is rising rapidly but has yet to translate into broad earnings improvements for software companies.
ET CIO · +13 outlets
Oracle partners deeper with AWS as cloud competition intensifies
Oracle is deepening its partnership with Amazon Web Services, signaling a multi-cloud strategy.
Yahoo Finance · +4 outlets
Alibaba earnings preview: AI cloud Qwen and Lingxi Games sale in focus
Alibaba is set to report earnings on August 20 with cloud revenue expected up 38% while operating profit may fall 84%.
MEXC · +8 outlets
IBM stock holds firm after $17.16B quarter as infrastructure revenue falls
IBM reported quarterly revenue of $17.16 billion while infrastructure revenue declined, drawing investor focus to its software and AI strategy.
AD HOC NEWS
NICE posts another earnings beat as AI-driven software sees enterprise demand
NICE reported strong quarterly results driven by AI-powered contact center solutions and growing enterprise adoption.
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