Sridhar Ramaswamy, CEO of Snowflake, helps ring The Closing Bell at the New York Stock Exchange on Sept. 30, 2025. NYSE The “SaaSpocalypse” may not be over. But for now at least, fears of software’s demise have cooled. Software stocks soared this week, driven by strong results from Snowflake and Okta, signaling that some companies … Read more
Software stocks popped on Thursday after Snowflake said it plans to spend $6 billion on compute from Amazon and topped earnings estimates on artificial intelligence momentum. Shares of the software maker surged 35% and headed for its best day ever. The company is expanding its use of Amazon’s in-house chips for AI. Along with the … Read more
An Android character is displayed in front of a building on the Google headquarters campus on July 23, 2025 in Mountain View, California. Justin Sullivan | Getty Images Alphabet‘s stock is up 140% over the past year, with a cloud business that is growing faster than Amazon’s and Microsoft’s. But 18 months ago, the Google … Read more
Cerebras Systems, a maker of artificial intelligence chips, priced its IPO at $185 a share on Wednesday, above the expected range, according to a statement. The deal comes as investors gear up for what’s expected to be a very busy year for new AI offerings. The IPO reeled in $5.55 billion for Cerebras, which is … Read more
Google Cloud CEO Thomas Kurian speaks at the Google Cloud Next event in San Francisco, April 9, 2019. Michael Short | Bloomberg | Getty Images All three top cloud infrastructure providers surpassed analyst estimates in earnings reports late Wednesday, but Google was the standout, generating its fastest growth rate on record. Google is chasing Amazon … Read more
Microsoft’s Vice Chair and President Brad Smith (L) and Japan’s Prime Minister Sanae Takaichi pose before their meeting at the Prime Minister’s Office in Tokyo on April 3, 2026. Kazuhiro Nogi | Afp | Getty Images Shares of Sakura Internet surged as much as 20.2% Friday after Microsoft said it has begun discussions with the … Read more
Oracle Corp. signage on the floor of the New York Stock Exchange (NYSE) in New York, US, on Wednesday, Dec. 31, 2025. Michael Nagle | Bloomberg | Getty Images Oracle rose in premarket trading on Wednesday as the multinational tech conglomerate looks to cut thousands of jobs to free up cash to build AI data … Read more
Microsoft has been hit with a fresh probe into its business software ecosystem by the British competition regulator, as Europe steps up its efforts to diversify tech stacks and increase digital sovereignty. The U.K.’s Competition and Markets Authority announced on Tuesday it is launching a “strategic market status (SMS) investigation” into the tech giant’s suite … Read more
Artificial intelligence marketing firm Braze emerged Wednesday as a top performer Wednesday, and Goldman Sachs thinks there’s even more room to run. The bank updated lowered it price target on the stock to $40 from $45. However, that still implies 122% upside from Tuesday’s close. It also maintained its buy rating on the stock. “We … Read more
The prolonged market dry spell we have endured since February is finally starting to show cracks, revealing some actionable setups as equities try to build a base. That said, with the Cboe Volatility Index still lingering in the 20s, this is not the time to go heavy. Trading volume and frequency must remain strictly controlled. … Read more