ServiceNow plunges about 19% on Q3 earnings miss and weak Q4 revenue outlook, dragging software peers lower
ServiceNow's guidance revived investor fears that AI spending will erode traditional enterprise software demand, sending the stock toward its largest single-day
Yahoo Finance · +15 outlets
Alphabet Q3 revenue rises 25% to $127.6B with Google Cloud up 103%, but shares fall on profit, cash burn miss
Cloud revenue more than doubled, but heavier AI capital spending pushed free cash flow negative and pulled the stock down sharply, reigniting worries about AI c
Y100 WNCY · +15 outlets
Microsoft Q1 revenue rises 19% to $92.3B as Azure grows 48%, beats estimates and discloses Azure revenue of $33.2B
Microsoft's Azure disclosure showed the cloud unit closing in on AWS, and the company said it recorded $10B in revenue from its OpenAI arrangements in the quart
TechCrunch · +9 outlets
Oracle shares jump about 11% after investor day targets $225B FY30 revenue and $30B free cash flow by FY29
Oracle's long-term guidance and clearer financing plan eased investor concerns about the scale of its AI capital spending and debt.
Investing.com · +15 outlets
Fortinet slides after service revenue forecast misses, dragging cybersecurity stocks lower
Fortinet's softer services outlook added to signs that investors have stopped rewarding security vendors simply for beating earnings.
Yahoo Finance · +6 outlets
Google Cloud closes in on Microsoft Azure as Microsoft wins investor confidence on earnings
Cloud growth rates from both Alphabet and Microsoft put the two units' relative scale in focus for investors weighing AI infrastructure spend.
The Information · +14 outlets
Musk-linked startup says its AI agents hacked Anthropic
The claim adds to scrutiny of AI agent security as autonomous systems gain wider enterprise deployment.
Türkiye Today · +14 outlets
Alphabet's weak print drags US futures lower, with Amazon earnings next in the firing line
Traders read Alphabet's results as a warning about AI spending returns ahead of Amazon's report.
investingLive · +5 outlets
SAP shares drop as ServiceNow and Fortinet results weigh on European software names
SAP fell in sympathy with the weaker US software prints, reflecting broad pressure on enterprise software valuations.
Investing.com · +3 outlets
Wall Street analysts split on ServiceNow after selloff, with target cuts at Morgan Stanley, Wells Fargo, Mizuho, Truist and TD Cowen
Several banks trimmed ServiceNow price targets on softer revenue guidance while others reiterated Buy ratings, highlighting disagreement over how much AI risk i
Investing.com India · +14 outlets
AI trade sorts software stocks into winners and losers as earnings season ramps up
Diverging results are separating AI beneficiaries from names seen as exposed to AI disruption.
Yahoo Finance · +10 outlets
OpenAI reportedly looks beyond Nvidia and plans to buy Google AI chips
A reported shift in chip sourcing would reduce OpenAI's dependence on a single supplier.
Invezz · +14 outlets
Oracle, Intel and IBM decline to back blockchain-based stock trading
Major technology vendors are staying out of tokenized equity trading infrastructure despite industry push.
Yahoo Finance · +11 outlets
Bernstein calls Microsoft a must-own as software crowding sits at historic lows
The note argues crowded-trade reversals favor large-cap software names like Microsoft.
Moomoo
Anthropic adds Claude Enterprise tools to track AI ROI
The features aim to help enterprises justify spending on AI assistants by surfacing usage and cost data.
ZDNET · +13 outlets
Semiconductor stocks lose momentum as S&P 500 takes market lead
Rotation out of chips suggests the AI trade is broadening beyond semiconductors.
Yahoo Finance · +14 outlets
IBM edges higher on new AI agent controls
IBM added governance features for enterprise AI agents as vendors race to address deployment risk.
TradingView
Apple unveils touchscreen OLED MacBook Pros with M5 Pro and Max chips
The laptops bring iPhone display features to Apple's professional notebook line.
ZDNET