Broadcom CEO Hock Tan. Lucas Jackson | Reuters Broadcom’s quarterly results and guidance sailed past Wall Street estimates. It didn’t matter. The chipmaker’s shares plummeted 11% on Friday, their worst day since January, as investors ran for the exits on the artificial intelligence trade. Oracle dropped 4.5% a day after plunging 10% following its earnings … Read more
Oracle CEO Clay Magouyrk appears on a media tour of the Stargate AI data center in Abilene, Texas, on Sept. 23, 2025. Kyle Grillot | Bloomberg | Getty Images Oracle on Friday pushed back against a report that said the company will complete data centers for OpenAI, one of its major customers, in 2028, rather … Read more
Oracle CEO Clay Magouyrk, center, speaks on a media tour of the Stargate data center in Abilene, Texas, on Sept. 23, 2025. Stargate is a collaboration of OpenAI, Oracle and SoftBank, with promotional support from President Donald Trump, to build data centers and other infrastructure for artificial intelligence throughout the US. Kyle Grillot | Bloomberg … Read more
Jyoti Bansal, co-founder and CEO of Harness, speaks at the company’s Unscripted conference in London on Sept. 25, 2025. Harness Almost nine years ago, Jyoti Bansal sold AppDynamics to Cisco for $3.7 billion just as the software startup was set to go public. Bansal’s latest venture, Harness, is now worth substantially more than that, after … Read more
Oracle shares sank 11% in extended trading on Wednesday after the database software maker reported lower quarterly revenue than expected despite booming demand for its artificial intelligence infrastructure. AI-related stocks were hit following the report with, chipmakers Nvidia and Advanced Micro Devices each dropping about 1% and cloud provider CoreWeave sliding more than 3%. Here’s … Read more
A general view of the Microsoft office building is seen in Cologne, Germany, on November 18, 2025. Nurphoto | Nurphoto | Getty Images Microsoft said Thursday that it will increase the prices of Office productivity software subscriptions for commercial and government clients on July 1. The company’s Office applications, which include Word, Excel, PowerPoint and … Read more
Salesforce CEO Marc Benioff delivers the keynote address at the start of the Dreamforce conference in San Francisco on Oct. 14, 2025. Jessica Christian | San Francisco Chronicle | Getty Images Salesforce reported better-than-expected earnings on Wednesday and topped Wall Street estimates with its revenue guidance for the fourth quarter. The stock rose 3% in … Read more
Microsoft pushed back on a report Wednesday that the company lowered growth targets for artificial intelligence software sales after many of its salespeople missed those goals in the last fiscal year. The company’s stock sank more than 2% on The Information report. A Microsoft spokesperson said the company has not lowered sales quotas or targets … Read more
Mateusz Slodkowski | SOPA Images | Lightrocket | Getty Images Amazon’s cloud unit on Tuesday announced AI-enabled software designed to help clients better understand and recover from outages. DevOps Agent, as the artificial intelligence tool from Amazon Web Services is called, predicts the cause of technical hiccups using input from third-party tools such as Datadog … Read more
The Workday Inc. pop-up pavilion ahead of the World Economic Forum (WEF) in Davos, Switzerland, on Saturday, Jan. 19, 2025. Hollie Adams | Bloomberg | Getty Images Shares of software maker Workday slid nearly 8% on Wednesday as analysts lowered their price targets, citing a lack of a upside after the company revised its full-year … Read more