Oracle shares whipsaw after OpenAI revenue clarification; stock falls then rebounds
Clarification of OpenAI's revenue figures and Oracle's rising debt to fund AI chip purchases drove sharp swings in Oracle shares, dragging peers like Broadcom a
Yahoo Finance · +8 outlets
Software stocks stage broad comeback as 'SaaSpocalypse' fears fade
After months of AI-disruption selling, software shares rallied sharply, with cybersecurity and SaaS names outperforming on renewed AI revenue optimism.
Yahoo Finance · +8 outlets
Alphabet's Google Cloud revenue grew 82% to $24.8B; Gemini app hits 950M monthly users
Pichai's reported cloud growth and Gemini scale raised the question of whether Google Cloud is becoming a larger growth driver than Search.
The Motley Fool · +9 outlets
Snowflake and Datadog jump as AI software names rally
Snowflake rose about 6% on its AI Marketplace launch while Datadog and other AI-linked software names surged amid improved sentiment on AI returns.
Invezz · +14 outlets
Oracle flagged for AI data center debt risk and 'fixed margin' cloud deals
Analysts warned that Oracle locked in fixed-margin cloud contracts before GPU prices surged and faces mounting debt pressure from AI data center buildouts.
TIKR.com · +10 outlets
Google Cloud unveils Gemini enterprise agent, expands partner push
Google Cloud rolled out a Gemini agent for workplace tasks and signed new enterprise partners including Zip, CaixaBank, and LTM to drive adoption.
Yahoo Finance · +14 outlets
Zscaler jumps 6% on reaffirmed outlook and IBM security pact; peers gain
Zscaler's reaffirmed revenue guidance and IBM security partnership lifted cybersecurity shares, with Palo Alto and CrowdStrike also rising.
24/7 Wall St. · +1 outlets
Wells Fargo raises Microsoft price target to $725 on AI strength
The raised target cites Azure AI momentum and upcoming reporting changes, alongside Microsoft's expanded India cloud footprint.
The Sunday Guardian · +5 outlets
ServiceNow rises on analyst upgrade as AI service desk rollout expands
An analyst upgrade and the company's AI service desk rollout supported ServiceNow shares, though valuation versus peers like Palantir remains a debate.
Simply Wall Street · +5 outlets
Adobe Q2 earnings call; analysts debate slowing subscription growth
Adobe's Q2 call and analyst notes focused on decelerating subscription growth even as the company reported record Prime Day-related e-commerce spending data.
Fortune · +8 outlets
Software and mining stocks lift FTSE 100 as telecoms slide on SpaceX threat
UK equities recovered on strength in software and mining shares, while telecom names fell on competitive fears tied to SpaceX.
BBN Times · +6 outlets
JPMorgan names four software stock picks as rally builds
JPMorgan's software selections came as institutional investors rotated back into the sector after a prolonged selloff.
TradingView · +2 outlets
AWS holds 41.8% cloud lead as three rivals tie within 0.6%
New market share data shows AWS still dominant while Azure, Google Cloud and others cluster tightly behind.
shattered.io
Qualys posts strong revenue beat on cloud platform momentum
Qualys' revenue beat and cloud platform traction lifted its shares alongside other infrastructure software names.
Yahoo Finance · +2 outlets
Alibaba chairman Joe Tsai urges Europe to back open source AI
Tsai's call for European open source AI support came as Nomura retained a Buy rating on Alibaba, citing AI cloud growth.
Simply Wall Street · +6 outlets
BofA upgrades French stocks, downgrades software on underperformance
Bank of America's sector call reflects shifting relative value as software lagged broader European indices.
Investing.com India · +2 outlets
Linus Torvalds says AI coding works for him, but not for running Linux
The Linux creator's comments add a prominent voice to the debate over AI-assisted software development.
ZDNET