Enterprise
Rubrik stock rips 22% higher after blowing out earnings and boosting guidance
Rubrik shares soared 22% on Friday after the data management company posted blowout fiscal third-quarter numbers and boosted guidance. The stock, which debuted on the market in April 2024, had its second-best day on record. Revenue jumped 48% from a year earlier to $350 million, topping the $320 million average analyst estimate, according to LSEG. […]
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HPE stock sinks 9% on revenue miss and weak server numbers
Antonio Neri, President and CEO of Hewlett Packard Enterprise. Anjali Sundaram | CNBC Hewlett Packard Enterprise shares fell 5% Friday after the company reported fourth-quarter revenue that missed analyst expectations. The company reported earnings after the bell on Thursday, posting revenue of $9.68 billion, which was up 14% over the year prior but fell short […]
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Microsoft will raise prices of commercial Office subscriptions in July
A general view of the Microsoft office building is seen in Cologne, Germany, on November 18, 2025. Nurphoto | Nurphoto | Getty Images Microsoft said Thursday that it will increase the prices of Office productivity software subscriptions for commercial and government clients on July 1. The company’s Office applications, which include Word, Excel, PowerPoint and […]
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Salesforce beats on earnings, issues better-than-expected revenue forecast
Salesforce CEO Marc Benioff delivers the keynote address at the start of the Dreamforce conference in San Francisco on Oct. 14, 2025. Jessica Christian | San Francisco Chronicle | Getty Images Salesforce reported better-than-expected earnings on Wednesday and topped Wall Street estimates with its revenue guidance for the fourth quarter. The stock rose 5% in […]
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Microsoft stock sinks on report AI product sales are missing growth goals
Microsoft Chairman and Chief Executive Officer Satya Nadella (L) returns to the stage after a pre-recorded interview during the Microsoft Build conference opening keynote in Seattle, Washington on May 19, 2025. Jason Redmond | AFP | Getty Images Microsoft pushed back on a report Wednesday that the company lowered growth targets for artificial intelligence software […]
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ChatGPT outage: OpenAI’s chatbot is down for some users
OpenAI’s EMEA startups head Laura Modiano spoke at the Sifted Summit on Wednesday, 8 October. Nurphoto | Nurphoto | Getty Images OpenAI’s artificial intelligence chatbot ChatGPT is down for some users. The company said it is “currently experiencing issues,” including “increased ChatGPT error rates,” according to an update on OpenAI’s status page. “We have applied […]
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Amazon launches cloud AI tool to help engineers recover from outages faster
Mateusz Slodkowski | SOPA Images | Lightrocket | Getty Images Amazon’s cloud unit on Tuesday announced AI-enabled software designed to help clients better understand and recover from outages. DevOps Agent, as the artificial intelligence tool from Amazon Web Services is called, predicts the cause of technical hiccups using input from third-party tools such as Datadog […]
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Amazon to let cloud clients customize AI models midway through training for $100,000 a year
Attendees pass an Amazon Web Services logo during AWS re:Invent 2024, a conference hosted by Amazon Web Services, at The Venetian hotel in Las Vegas on Dec. 3, 2024. Noah Berger | Getty Images Amazon has found a way to let cloud clients extensively customize generative AI models. The catch is that the system costs […]
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OpenAI takes stake in Thrive Holdings to help accelerate enterprise AI adoption
Sam Altman, CEO of OpenAI, attends the annual Allen and Co. Sun Valley Media and Technology Conference at the Sun Valley Resort in Sun Valley, Idaho, on July 8, 2025. David A. Grogan | CNBC OpenAI on Monday announced it is taking an ownership stake in Thrive Holdings, a company that was launched by one […]
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Nvidia takes $2 billion stake in Synopsys with expanded computing power partnership
Nvidia on Monday announced it has purchased $2 billion of Synopsys‘ common stock as part of a strategic partnership to accelerate computing and artificial intelligence engineering solutions. As part of the multiyear partnership, Nvidia will help Synopsys accelerate its portfolio of compute-intensive applications, advance agentic AI engineering, expand cloud access and develop joint go-to-market initiatives, […]
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