New study finds AI doesn’t reduce work — it intensifies it
The rapid adoption of AI by businesses was fueled by the promise of huge productivity boosts that could supercharge workers. A new study has found that while it did indeed boost workers’ productivity,...
Oracle rises as DA Davidson gives it a “buy” rating because of OpenAI positivity
rose after receiving an upgrade to start the week. Analysts at DA Davidson bumped up their view on the stock from “neutral” to “buy” and kept their $180 price target on the shares. That’s about 27% hi...
Why there’s a “huge vibe divergence” between tech and finance on AI
Not since Biggie Smalls and Tupac has there been an East Coast versus West Coast schism like the current perception gap over artificial intelligence. The only type of AI exposure that’s worked on Wall...
Roblox surges as it guides for stronger-than-expected full-year bookings, touts AI vision
Kid-centric gaming platform reported its fourth-quarter results after the market closed on Thursday. Its shares surged more than 20% in after-hours trading. For the full year ahead, Roblox guided for...
Roblox answers Google’s Project Genie, launching the open beta for its “4D” AI creation tool
on Wednesday launched the open beta of its “4D” AI creation model, less than a week after the launch of Project Genie, an AI-powered interactive world generator. The tool allows users to generate int...
Hims adds cancer detection test to Labs product
will add Galleri, a cancer detection test made by , to its offerings as it works to expand its Labs product. Hims said Wednesday that it would add the blood test, which says it detects signals for ove...
Tech drags down stocks as Anthropic’s AI tool threatens software companies
The S&P 500 and Nasdaq 100 sank as Anthropic’s new tools for Cowork , a computer assistant on mental steroids, triggered a sell-off in software stocks. The Russell 2000 gained. Of the BATMMAAN stocks ...
Palantir up as Wall Street gushes about Q4 report
Q4 numbers shook the stock out of a monthslong stupor Monday after the bell, and since then, Wall Street analysts have been churning out a series of laudatory reviews of the company’s performance. Her...
Claude Cowork’s plug-ins the newest reason for software stocks to crater
“Claude Cowork’s new plug-ins” have joined “Microsoft’s cloud business growth poised to decelerate by half a percentage point ” and “the launch of Claude Cowork ” as the latest reasons to send softwar...
Anthropic’s legal plug-in for Claude Cowork prompts rush out of legal software and publishing stocks
The threat of AI disruption has wreaked havoc upon software stocks over the past few months, with more powerful tools launched by Anthropic a catalyst for the selling. True to form, thanks to some new...
Palantir beats Q4 earnings and sales expectations, stock surges
Defense, intelligence, and AI software giant reported Q4 numbers that blew past expectations after the close of trading on Monday. The company, which exploded as a favorite of retail traders in 2024,...
Microsoft is the biggest drag on the US stock market since Gemini 3’s launch
is the publicly traded company that, due to its partnership with OpenAI , had a place of pride at the epicenter of the AI boom. It doesn’t have that much to show for it. Thanks to last week’s plunge f...
An options trade to benefit from a potential turnaround in beaten-down Palantir after earnings
, the richly valued AI darling, hasn’t been immune from the persistent waves of selling that have drowned software stocks. Last week, the stock broke below its 200-day moving average for the first tim...
Apple’s record quarter shows that AI doesn’t sell iPhones
may have just made a great case against AI. You may have heard : Apple has been an AI laggard for years. The company’s new AI Siri, which debuted later than other similar products, still struggles to ...
The slow burn in software stocks is erupting into an all-out bonfire
Good results? Doesn’t matter. Good guidance? Doesn’t matter. Spending a ton to augment your business with AI? You’d better believe it doesn’t matter. This earnings season, investors have decided that ...
ServiceNow CEO on the stock’s swoon: “You can give us back the market cap”
Investors have taken billions in market cap away from , and CEO Bill McDermott would very much like for it to be returned. During the conference call that followed Q4 earnings on Wednesday, McDermott ...
ServiceNow slips despite beating Q4 earnings expectations
Cloud software giant delivered better-than-expected Q4 sales and earnings after the close of trading on Wednesday, though the shares slipped in after-hours trading. The company reported: Revenue of $...
IBM beats Q4 earnings expectations, stock rises
jumped in after-hours trading after posting better-than-expected Q4 revenue and sales figures: Q4 revenue of $19.69 billion vs. the $19.21 billion FactSet consensus estimate. Adjusted earnings per sha...
Meta rises after sales, earnings beat and Q1 revenue guidance exceeds expectations
released its fourth-quarter results after the close on Wednesday, with sales coming in at a record high of $59.9 billion, well above the $58.4 billion Wall Street had expected, and earnings per share ...
Here’s what to look for in today’s Microsoft earnings report
Today after market close, will report its second-quarter earnings. Demand for the company’s Azure AI cloud computing is white-hot, and the company can’t keep up. All eyes will be watching Azure’s rev...