Tag: Software

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.

Shares of Hewlett Packard Enterprises dropped in postmarket trading after the company said it has commenced a public offering of $1.35 billion of Series C mandatory company convertible preferred stock. The stock was down 5.2% to $16.68 on Monday. Shares have increased 3.7% since the beginning of the year.

Oracle shares rose 9% in extended trading on Monday after the database software vendor reported fiscal first-quarter results that topped Wall Street estimates.

Hewlett Packard Enterprise Co. reported weaker-than-expected margins, suggesting lower profitability than anticipated in its closely watched business of selling servers for artificial intelligence work.

Okta Inc.’s stock tumbled 9% in after-hours trade Wednesday, after the secure-identity cloud company’s fiscal second-quarter earnings beat estimates, but guidance was mixed.

Despite crashing millions of its customers’ computers two weeks before the July quarter’s end, CrowdStrike Holdings beat forecasts for the quarter’s revenue and profit.

Shares bounce back after the company gives a new longer-term growth forecast

However, shares of the firm fell more than 7% in extended trading. D.A. Davidson analyst Gil Luria attributed the drop to the company not pairing the rise in revenue projections with a rise in margin forecast.

Synopsys posted slightly higher-than-expected revenue in its latest quarter as it benefits from companies racing to invest in artificial intelligence.