Software
2 underappreciated areas are powering CrowdStrike’s next growth wave and its stock
CrowdStrike is setting the standard for modern cybersecurity and enjoying a well-deserved, incredible year for its stock. It’s a leader in a competitive industry, with rivals, such as fellow Club name Palo Alto Networks , all vying for companies’ ever-expanding cyber budgets. Despite strong earnings Wednesday evening, Palo Alto shares dropped sharply in Thursday’s big […]
Read More
Adobe to buy Semrush for $1.9 billion, sending marketing platform’s shares up 70%
Adobe CEO Shantanu Narayen speaks during an interview with CNBC on the floor at the New York Stock Exchange on Feb. 20, 2024. Brendan Mcdermid | Reuters Adobe said Wednesday that it reached a deal to acquire search engine marketing platform Semrush for $1.9 billion to boost its tools for marketers in the age of […]
Read More
Intuit to pay OpenAI over $100 million for model access, ChatGPT integrates with TurboTax
Michael Nagle | Bloomberg | Getty Images Tax software provider Intuit has agreed to pay OpenAI more than $100 million in a multiyear deal to use the artificial intelligence startup’s large language models to bolster its financial products. Intuit shares climbed 3% on Tuesday. By using OpenAI’s technology inside GenOS, its internal AI system, Intuit […]
Read More
Intuit to pay OpenAI over $100 million a year for model access, ChatGPT integrates with TurboTax
Michael Nagle | Bloomberg | Getty Images Tax software provider Intuit has agreed to pay OpenAI more than $100 million a year to use the artificial intelligence startup’s large language models to bolster its financial products. Intuit shares climbed 2% premarket following the news. By using OpenAI’s technology inside GenOS, its internal AI system, Intuit […]
Read More
10 cybersecurity terms investors should know, and 2 industry-leading stocks to buy
2025 is proving to be a defining year for cybersecurity, with the rise of artificial intelligence that can both defend and attack computer networks. A surge in ransomware attacks and data breaches disrupting businesses worldwide has investors looking for cyber companies – such as portfolio names Palo Alto Networks and CrowdStrike – that can turn […]
Read More
Founder Eric Gillespie fired from Govini board after child sex solicitation arrest
Anton Petrus | Moment | Getty Images Govini has fired Eric Gillespie from its board of directors after the founder was charged with attempting to solicit sexual contact with a minor online. “The actions of one depraved individual should not in any way diminish the hard work of the broader team and their commitment to […]
Read More
Wall Street cools on Oracle’s buildout plans as debt concerns mount: ‘AI sentiment is waning’
Oracle CEO Clay Magouyrk speaks at a Q&A following a tour of the OpenAI data center in Abilene, Texas, U.S., Sept. 23, 2025. Shelby Tauber | Reuters Two months ago, Oracle’s stock had its best day since 1992, soaring 36% to a record after the company blew away investors with its forecast for cloud infrastructure […]
Read More
AMD stock soars 10% on strong growth projections as CEO Su calls AI spending ‘the right gamble’
Advanced Micro Devices‘ CEO Lisa Su shut down concerns over Big Tech’s elevated spending during an interview with CNBC’s “Squawk Box” on Wednesday and said investing in more computing will accelerate the pace of innovation. “I don’t think it’s a big gamble,” she said. “I think it’s the right gamble.” Shares soared 10%. Many of […]
Read More
Palantir CEO Karp twice slams short sellers as stock suffers worst week since April
Palantir co-founder and CEO Alex Karp attends meetings at the U.S. Capitol in Washington on Oct. 18, 2023. Jonathan Ernst | Reuters With Palantir’s stock plummeting more than 11% this week despite a better-than-expected earnings report, CEO Alex Karp took aim at investors betting against the software company. Karp, who co-founded Palantir in 2003, went […]
Read More
Microsoft forms superintelligence team under AI chief Suleyman ‘to serve humanity’
Mustafa Suleyman, CEO of Microsoft AI and then CEO and co-founder of Inflection AI, speaks during the Axios BFD event in New York on Oct. 12, 2023. Brendan Mcdermid | Reuters Microsoft on Thursday said it’s forming a team that will be tasked with performing advanced artificial intelligence research. Mustafa Suleyman, CEO of the Microsoft […]
Read More