A report that OpenAI's annualized revenue estimate was revised down triggered a broad selloff in AI infrastructure names, particularly Oracle, Nvidia and CoreWe

The agent can plan and execute tasks across business apps, delegate to subagents and carry its own workplace identity.

Oracle is turning to private credit and Wall Street lenders to fund its AI data center buildout as its debt load grows.

Financed AI buildout names sold off broadly, with CoreWeave down 7% and Nebius down 6% in the session.

Software shares have recovered from AI disruption fears, though some names like Adobe, Salesforce and Trade Desk hit 52-week lows earlier.

CrowdStrike and Palo Alto Networks reached record highs as investors favored security names over software.

The call comes as software stocks have rebounded to 2026 highs after earlier AI disruption worries faded.

Google Cloud's backlog topped $500 billion even as higher spending weighed on the stock.

Adobe is deepening AI partnerships as its stock trades below some valuations and follows its Q2 earnings call.

Analysts flagged slower backlog growth relative to subscription revenue as Workday expands its AI push.

Rising AI costs weighed on software names as investors reassessed the expense of AI features.

The fixed-margin structure could pressure Oracle's cloud economics as AI chip costs rise.

The upgrade lifted Palantir while Salesforce and ServiceNow held steady.

The target increase cites AI momentum, Azure reporting changes and year-end catalysts.

Shared Microsoft 365 plans that include 1 TB of OneDrive storage per family member face a significant reduction.

Analysts weigh Salesforce's cash position and new buy recommendation against its year-to-date decline.

Microsoft's India expansion comes as it competes for enterprise cloud workloads across the region.

The developer of Hermes Agent raised a $90 million Series B.