Tag: Software
Chegg says benefits of AI push will ‘take time’ as sales forecast comes up short
Shares of Chegg Inc. slipped after hours on Monday, after the education-technology platform forecast first-quarter sales that were below expectations and said it was “too [Read more about this post…]
Small businesses are paying 100%+ of profits to Uncle Sam after tax-law change
Small businesses in sectors like software and manufacturing are panicking over the expiration of a critical tax deduction that they say could lead to mass [Read more about this post…]
Fourth-quarter earnings are near halfway done. Results have gotten better.
With the U.S. fourth-quarter earnings reporting season almost halfway through, the financial industry is fretting over souring consumer credit. Companies that make shoes and clothes [Read more about this post…]
Opinion: Salesforce, AMD, other non-Nvidia Big Tech stocks to watch as AI goes mainstream
In 2023, the AI winners and losers were largely defined by how they found ways to make money from the technology. Nvidia NVDA, +4.97% emerged [Read more about this post…]
Opinion: ‘The cautionary signals are off the charts.’ Ominous warnings point to a market correction – particularly in tech
Investors and traders take warning. The market looks vulnerable to a pullback. That’s the message from corporate insiders’ trading activity. So far this year they’re [Read more about this post…]
Soccer game’s popularity scores for EA — and creates a higher bar to clear for growth
Videogame maker Electronic Arts Inc. saw a modest uptick in gaming demand during the holiday season, helped by gains in its “EA Sports FC” soccer [Read more about this post…]
Microsoft Teams suffers outage affecting thousands, sparking user frustration
Microsoft Corp.’s Teams suffered an outage Friday, prompting users to take to social media to voice their frustrations with the business-communications platform. “User reports indicate [Read more about this post…]
Expect more deals in the food sector as companies grapple with low-volume world
Investors can expect to see more deal activity in the U.S. food sector in 2024, as companies are still seeking to improve the growth profile [Read more about this post…]
Alphabet, Amazon and Microsoft face FTC probe into AI ‘investments and partnerships’
The Federal Trade Commission said Thursday it will look closely at the generative-artificial-intelligence investments and partnerships of Alphabet Inc. GOOGL, +1.69% GOOG, +1.75%, Amazon.com, Inc. [Read more about this post…]
IBM’s ‘accelerating’ AI demand helps power stock higher after earnings
International Business Machines Corp.’s stock surged more than 8% higher in Wednesday’s extended session after the technology giant topped profit expectations for the latest quarter [Read more about this post…]