Oracle falls 5% as OpenAI clarifies $50B revenue run-rate, AI debt jitters spread
Oracle shares slid after OpenAI clarified its revenue run-rate, pressuring a stock already tied to AI data center financing and debt concerns.
FXLeaders · +11 outlets
Alphabet's Google Cloud revenue up 82% to $24.8B with Gemini app at 950M monthly users
Google's cloud unit is growing fast enough that investors are debating whether it can rival Search as Alphabet's main growth driver.
The Motley Fool · +13 outlets
Palantir Q2 revenue hits $1.935B, up 93%, as stock extends breakout to record high
Palantir's surging US commercial revenue and Rule of 40 metric have kept the stock at record highs, with Goldman upgrading it to Buy.
TradingKey · +12 outlets
IBM warns clients shifting software spend to servers and cybersecurity, dragging ADBE, CRM, NOW, MSFT
IBM's warning that clients are reallocating budgets away from software toward hardware and security renewed fears of a broader software spending slowdown.
Stocktwits · +8 outlets
Microsoft, Meta and Google silence AI spending critics as big tech capex swells to $725B
Earnings results from the largest cloud providers reassured investors that heavy AI capital spending is translating into revenue growth.
Stocktwits · +11 outlets
Palo Alto CEO calls AI-led software selloff 'paranoid', sees buying window in cybersecurity
Palo Alto Networks' CEO pushed back on the market's AI-driven selloff of software and security names, arguing it created an attractive entry point.
Stocktwits
Netflix to cut about 5% of its workforce
The layoffs come as Netflix balances growing use of AI in production against its content and cost base.
Türkiye Today · +13 outlets
Google launches enterprise Gemini agent, an AI colleague with its own email account
Google's new enterprise agent product marks a deeper push into workplace automation and prompted analysts to reaffirm the stock as a top pick.
BigGo Finance · +14 outlets
Cloudflare acquires Deno to improve its Workers programming model
The deal brings Deno's JavaScript and TypeScript runtime technology into Cloudflare's edge development platform.
TechCrunch · +9 outlets
SAP faces twin test of cloud backlog momentum and margins before October 21 results
SAP's upcoming quarterly report will be scrutinized for cloud backlog growth and margin progress amid doubts about its AI monetization.
ad-hoc-news.de · +7 outlets
Palantir upgraded to Buy as Goldman sees sovereign AI unlocking a $500B market
Goldman Sachs flagged government and sovereign AI deployments as a major new addressable market for Palantir and peers.
深潮TechFlow · +1 outlets
Microsoft enters bear market after 21% drop from peak, analysts still bullish
Microsoft shares have fallen sharply from record highs even as Wall Street consensus remains overwhelmingly positive on the name.
Stocktwits · +1 outlets
Adobe falls after Morgan Stanley downgrade cites cleaner AI monetization elsewhere
Morgan Stanley cut Adobe, arguing rivals offer clearer paths to AI-driven growth, while long-term earnings growth remains its bull case.
Stocktwits · +7 outlets
Nvidia dodges AI credit scare that is crushing Broadcom and Oracle
Nvidia shares held up while Broadcom and Oracle fell as investors grew uneasy about debt-funded AI infrastructure spending.
MarketWatch · +7 outlets
Salesforce draws second downgrade this month on balanced risk/reward
Analysts see limited upside for Salesforce absent a notable growth inflection, following a string of cautious calls.
Stocktwits · +3 outlets
Oracle insider buys $3.5 million in stock amid OpenAI-driven swings
An Oracle insider purchase signaled confidence as the stock weathered volatility tied to its OpenAI relationship and AI debt concerns.
Barron's · +3 outlets
Workday downgraded despite Q2 beat as analysts flag risk of another guidance cut
Workday's AI revenue has reached $500M, but analysts worry that growth momentum may not be enough to sustain guidance.
Stocktwits · +1 outlets
Microsoft expands India cloud footprint in battle with Google Cloud and AWS
Microsoft is deepening its India cloud presence as AWS retains its global lead with 41.8% share and rivals cluster close behind.
Stocktwits