Tag: Software

Microsoft is set to go under the microscope of the nation’s top antitrust watchdog, the Federal Trade Commission, which is launching a sweeping investigation into the tech giant’s practices.

CrowdStrike Holdings reported better-than-expected third-quarter financial results on Tuesday after the cybersecurity company’s software triggered a global tech outage over the summer.

Shares in Atos soared after the beleaguered French IT company received an offer from the French government to acquire its advanced computing activities for up to 625 million euros ($651.7 million).

Snowflake Inc. gained 20% in premarket trading after the company gave a better-than-expected sales outlook, suggesting newly launched products are receiving a strong reception from customers.

SoundHound shares were down 6.9% at $7.04 in premarket trading. The company, which makes voice-technology software powered by AI, beat Wall Street’s targets for the third quarter and raised its outlook. But that wasn’t enough to keep its recent steep rally going. 

Visa is partnering with fintech company Affirm to roll out a card in the U.S. that customers can use for both debit transactions and buy now, pay later purchases, reflecting the growing demand for flexibility in payment options.

Sapiens International Corporation NV saw its shares slump more than 21% in premarket trading Monday after the company cut its annual revenue guidance and its Q3 results missed expectations.

Doximity stock soared early Friday after the online medical platform reported quarterly earnings that knocked it out of the park. Shares jumped 42% to $61.80 in premarket trading Friday, if those gains hold it will be the stock’s best ever day, according to Dow Jones Market Data.

Microsoft reported first-quarter earnings on Wednesday that beat Wall Street estimates, but the stock was falling after the company forecast higher expenses related to artificial intelligence.

Shares in SAP were up 5% at market open on Tuesday, hitting an all-time high of 221 euros ($239.21) after the German software company raised its full-year targets on a strong cloud business in the third quarter.

Microsoft is continuing to find ways to monetize its massive investments in artificial intelligence with an increasing array of software offerings for enterprises and consumers. The company’s latest effort is what it calls autonomous agents and comes as Wall Street prepares to scrutinize tech companies’ AI spending and growth.

Google filed an antitrust complaint with the European Commission Wednesday accusing Microsoft of using unfair licensing contracts to stifle competition in the multibillion-dollar cloud computing industry.

German software developer SAP SE, product reseller Carahsoft Technology Corp. and other companies are being probed by US officials for potentially conspiring to overcharge government agencies over the course of a decade.

Snowflake Inc shares fell 3% in Tuesday’s premarket session after the cloud computing company outlined plans to raise $2 billion in debt, as new CEO Sridhar Ramaswamy pushes forwards with plans to capitalize on the rise of artificial intelligence technologies.

Aύξηση EBITDA κατά 29% και καθαρής κερδοφορίας κατά 71% εμφάνισε ο Όμιλος Profile κατά το α’ εξάμηνο 2024, ενώ σημείωσε και αύξηση σε όλους τους Βασικούς Δείκτες Απόδοσης.

Microsoft just struck a deal with Constellation  Energy to receive energy from the Three Mile Island nuclear site in Pennsylvania.

BlackRock is preparing to launch a more than $30bn artificial intelligence investment fund with technology giant Microsoft to build data centres and energy projects to meet growing demands stemming from AI.

Microsoft Corp. raised its quarterly dividend 10% and unveiled a new $60 billion stock-buyback program, matching the size of a repurchase plan three years ago.

Oracle shares rose about 6% in extended trading on Thursday after the database software maker raised its fiscal 2026 revenue guidance and issued a heady forecast for the 2029 fiscal year.

Adobe reported third-quarter results on Thursday that beat Wall Street expectations for sales and earnings, but the stock slid 10% in extended trading on fourth-quarter guidance that came up short.