ServiceNow shares plunge 27% in worst day ever as cRPO growth guidance slows
ServiceNow's subscription revenue backlog guidance came in below expectations, reviving investor fears that AI agents will disrupt seat-based enterprise softwar
CNBC · +15 outlets
Alphabet misses Q3 revenue, shares fall over 10% despite Google Cloud growth of 103%
Alphabet posted its first revenue miss in four years as record capital spending and a SpaceX writedown overshadowed accelerating cloud demand.
Yahoo Finance · +14 outlets
Oracle caps new borrowing at $20B and guides to $30B free cash flow, stock slides
Oracle told investors it will fund its AI infrastructure buildout with a $20 billion financing ceiling while targeting $225 billion in long-term revenue and $30
24/7 Wall St. · +12 outlets
Fortinet plunges 20% after cutting service revenue forecast, dragging cybersecurity peers lower
Fortinet beat on earnings but cut its service revenue outlook, pulling Palo Alto Networks, CrowdStrike and other security names down with it.
24/7 Wall St. · +8 outlets
Amazon reports booming AWS cloud revenue but misses overall expectations, stock falls
Amazon's cloud unit grew strongly but the company posted negative free cash flow of $2.4 billion, and CEO Andy Jassy said AWS can become a $1 trillion revenue b
TechCrunch · +10 outlets
Microsoft posts record $92.3B quarter as Azure cloud revenue reaches $33.2B
Microsoft beat expectations on AI-driven Azure demand, contrasting with Alphabet's capex-heavy quarter that investors punished.
AI Insider · +7 outlets
Cracks emerge in AI spending boom as debt and negative cash flow raise sustainability questions
Investor skepticism is growing over the billions Big Tech is pouring into AI infrastructure, with mounting debt and free cash flow pressure weighing on the sect
TechCrunch · +14 outlets
Salesforce to buy defense tech startup Rune in $375 million cash-and-stock deal
The acquisition of AI logistics startup Rune extends Salesforce's M&A spree and bolsters its Missionforce defense platform.
TechCrunch · +12 outlets
Binance hack of $6.3B puts cybersecurity stocks in focus as Datadog sinks 12%
A multi-billion-dollar Binance breach spotlighted cyber defense spending while security and data software shares sold off alongside the broader market.
Simply Wall St · +3 outlets
Intel's stock crashes, wiping $12B from the US government's stake
Intel is being squeezed by weak PC sales as AI demand consumes memory and component supply, driving PC prices higher.
TechCrunch · +3 outlets
Software stocks slide as Fortinet and ServiceNow fail to meet lofty expectations
Reuters reported that the two security and workflow vendors' results disappointed investors, sending the sector lower.
Reuters · +10 outlets
Adobe falls 29% year to date as investors debate whether the stock is a buy
Adobe shares have dropped sharply from their 2021 record, prompting debate over valuation, cash generation, and the impact of AI on its creative software busine
Trefis · +8 outlets
Zeta Global and Commerce stocks trade down, what you need to know
AI application and commerce software stocks fell alongside ServiceNow, with Reddit leading losses among AI application names.
TradingView · +13 outlets
SAP stock drops as ServiceNow and Fortinet results weigh on European software
Weak enterprise software earnings from US peers dragged SAP shares lower even as SAP rolled out new AI automation tools.
Investing.com · +5 outlets
Cloud market share Q3 2026: AWS vs Azure vs Google
New cloud share data lands as Google Cloud crossed 24% of Alphabet revenue and Alibaba Cloud revenue growth accelerated.
https://tech-insider.org/ · +14 outlets
Tyler Technologies Q3 shows cash flow surge and cloud migration growth
Tyler Technologies reported strong cash flow and growth underpinned by cloud migration and embedded AI, though deal timing deferred some SaaS revenue.
Yahoo Finance · +1 outlets
Mistral releases Large 4 weights, ranking among top open coding models
Mistral published the weights for Large 4 with strong Artificial Analysis coding scores, intensifying open-model competition.
ZDNET
Cognizant CEO calls agentic AI the biggest enterprise opportunity since digitisation
Cognizant's Q3 earnings call centered on agentic AI as a major enterprise services growth driver.
CRN Asia