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IBM stock was heading for its largest same-day plunge in nearly 40 years on Tuesday after the company’s preliminary second-quarter adjusted earnings and revenue missed analysts’ targets. In a letter to shareholders, CEO Arvind Krishna explained that the shortfall was largely driven by the company’s infrastructure business. “What played out was worse than our expectations,” Krishna wrote.

FurtherAI, an AI workspace tailored for the insurance sector, has been chosen by Novacore as the backbone of its underwriting operations. The integration aims to enhance Novacore's efficiency by replacing outdated systems with a platform that molds to specific underwriting workflows, enabling flexibility and growth with evolving AI models. This partnership underscores a trend in Cloud AI deployment within the insurance industry, with AI-driven tools becoming central to streamlined operations...

Tech stocks faced downward pressure Tuesday as disappointing preliminary results from IBM (NYSE:IBM) rippled across the sector, pulling shares of major software companies lower. Following IBM’s update, investors reacted sharply to the cooling sentiment in the broader software space: Accenture (NYSE:ACN): Fell 8% ServiceNow (NYSE:NOW): Dropped 6% Workday (NASDAQ:WDAY): Declined 5% Salesforce (NYSE:CRM): Slipped 5% The decline is rooted in a fundamental shift in enterprise capital expenditure (cap

ServiceNow (NYSE:NOW) is seeing investors rotate capital from AI infrastructure stocks toward application-layer software. The company recently raised its Now Assist AI contract target, signaling stronger focus on monetizing AI within its platform. Early indications suggest ServiceNow is positioning AI as a premium add-on across its workflow products. ServiceNow sits at the heart of enterprise workflows, and its Now Assist AI tools are becoming more central as companies look to coordinate...

A number of stocks jumped in the afternoon session after investors appeared to rotate into oversold enterprise software names amid profit taking in chip stocks.

A number of stocks jumped in the afternoon session after investors appeared to rotate into oversold enterprise software names amid profit taking in chip stocks.

A number of stocks jumped in the afternoon session after investors appeared to rotate into oversold enterprise software names amid profit taking in chip stocks.

A number of stocks jumped in the afternoon session after investors appeared to rotate into oversold enterprise software names amid profit taking in chip stocks.

A number of stocks jumped in the afternoon session after investors appeared to rotate into oversold enterprise software names amid profit taking in chip stocks. While the Nasdaq retreated and semiconductor leaders like Micron (-4%) sold off, major SaaS incumbents caught a strong bid.

A number of stocks jumped in the afternoon session after investors appeared to rotate into oversold enterprise software names amid profit taking in chip stocks.

A number of stocks jumped in the afternoon session after investors appeared to rotate into oversold enterprise software names amid profit taking in chip stocks.

A number of stocks jumped in the afternoon session after investors appeared to rotate into oversold enterprise software names amid profit taking in chip stocks.

Companies with solid operating margins have a competitive edge, allowing them to reinvest for sustainable expansion. The best of these businesses balance profitability with reinvestment, setting themselves up for long-term success.

PATH's six-month pullback comes as AI adoption, enterprise customer growth and profitability improve, creating a more attractive entry point.

The S&P 500 Index ($SPX ) (SPY ) today is down -0.33%, the Dow Jones Industrial Average ($DOWI ) (DIA ) is down -0.16%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is down -1.12%. September E-mini S&P futures (ESU26 ) are down -0.33%, and September E-mini Nasdaq futures...

TEAM's AI-driven cloud momentum and lower valuation give it an edge over NOW, which faces margin pressure from multiple acquisitions.

Investors in this SaaS specialist will get a big update on July 22.

In the latest trading session, ServiceNow (NOW) closed at $107.71, marking a -1.04% move from the previous day.

Cognizant scales its enterprise AI workforce and partner ecosystem. Its weak demand, competition and margin pressure cloud the stock's outlook.

(Updates with economic data, recent oil price movement, world markets' overview and corporate stock

Recent developments in the cloud AI segment within the architecture industry highlight significant growth opportunities driven by increasing urbanization and demand for efficient design processes. The market for generative AI in architecture is projected to grow rapidly, fueled by advances in CAD software and the adoption of AI-powered design tools. This evolution is further supported by trends in smart city development, sustainability mandates, and cloud-based collaboration platforms...

The software giant's stock is on the discount rack, but investors must decide if they're getting a deal or just what they paid for.

Adobe Inc. (NASDAQ:ADBE) was among the stocks Jim Cramer shared his opinions on during Mad Money. Cramer highlighted a recent change in ratings for the stock, as he said: Of late, and only of late, we’ve seen a remarkable move into what would’ve been considered more defensive software stocks before the advent of AI; I’m […]

A large international electronics company is teaming up with it for a new product.

Investors reassess AI spending as software sentiment improves and semiconductor momentum weakens despite strong long-term growth expectations.

Palantir Slides Despite AI Momentum as Risk-Off Mood Grips Markets

PATH's pullback has lowered its valuation as improving profitability, ARR growth and an upbeat outlook strengthen the long-term investment case.

Datadog joins three other Internet stocks positioned for AI-led growth as cloud demand, enterprise adoption and platform innovation gather pace in 2026.

According to the average brokerage recommendation (ABR), one should invest in ServiceNow (NOW). It is debatable whether this highly sought-after metric is effective because Wall Street analysts' recommendations tend to be overly optimistic. Would it be worth investing in the stock?

Shares in software companies are among the biggest losers in premarket trading: Salesforce (CRM), IBM (IBM) and ServiceNow (NOW) are down around 4.5% Adobe (ADBE) and Workday (WDAY) fall over 3% ...