The Edge
Meta and Microsoft are making big moves in opposite directions after earnings
It’s a tale of two different megacaps so far this earnings season when it comes to artificial intelligence. Meta Platforms surged after showing signs that investments in AI is boosting the bottom line, while Microsoft shares dropped as the company struggled to justify recent spending plans to investors and showed a slowdown in its cloud […]
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IBM jumps 8% on earnings beat
Chairman, President and CEO of IBM Arvind Krishna attends the 55th annual World Economic Forum meeting in Davos, Switzerland, on Jan. 22, 2025. Yves Herman | Reuters IBM reported better-than-expected fourth-quarter results on Wednesday and issued a forecast that slightly topped estimates. Here how the company did compared to LSEG consensus estimates: Earnings per share: $4.52 […]
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Intel stock drops 14% as manufacturing troubles overshadow earnings beat
The Intel logo is visible at the India Mobile Congress 2025 in Delhi, India, on October 11, 2025. Kabir Jhangiani | Nurphoto | Getty Images Intel shares plunged 14% Friday after the chipmaker issued lackluster guidance and warned of a supply shortage. During a fourth-quarter earnings call with analysts on Thursday, CEO Lip-Bu Tan said […]
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Meta to begin rolling out Threads ads globally
Nurphoto | Nurphoto | Getty Images Facebook and Instagram parent company Meta on Wednesday said it will begin to show advertising on its Threads micro-blogging service to all users globally starting next week. “With ads on Threads, businesses can authentically join this conversation while finding new ways to connect with the people most interested in […]
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ServiceNow inks deal with OpenAI to boost its AI software stack
Bill McDermott, CEO of ServiceNow (L), and Sam Altman, CEO of OpenAI. Reuters ServiceNow signed a three-year deal with OpenAI to use its artificial intelligence models to give businesses access to AI agents, the companies announced on Tuesday. As part of the deal, ServiceNow will integrate GPT-5.2 into its enterprise workflow platform and create AI […]
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CrowdStrike buys identity security startup SGNL for $740 million in latest deal push
Founder and CEO of CrowdStrike George Kurtz speaks during the Live Keynote Pregame during the Nvidia GTC (GPU Technology Conference) in Washington, DC, on Oct. 28, 2025. Jim Watson | AFP | Getty Images CrowdStrike announced Thursday that it is buying identity management startup SGNL in a deal valued at nearly $740 million as the […]
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ServiceNow acquiring cybersecurity startup Armis for nearly $8 billion
Signage outside the ServiceNow headquarters in Santa Clara, California, US, on Thursday, Sept. 4, 2025. David Paul Morris | Bloomberg | Getty Images ServiceNow will acquire cybersecurity startup Armis in a cash deal valued at $7.75 billion, the company said Tuesday. The enterprise software company said the deal will bolster its cybersecurity capabilities in the […]
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Oracle stock jumps 7% as cloud provider joins investor group to run TikTok’s U.S. business
Oracle‘s stock jumped 7% Friday after the cloud provider joined a group of investors slated to lead TikTok’s U.S. operations. In a memo to employees Thursday, CEO Shou Zi Chew said the social media company’s U.S. division will be run by a joint venture that includes Oracle, Silver Lake, and Abu Dhabi-based MGX. The deal […]
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Micron stock pops 13% as AI memory demand soars: ‘We are more than sold out’
The Micron logo is seen displayed at the 8th China International Import Expo. Sheldon Cooper | Lightrocket | Getty Images Micron Technology‘s stock jumped 13% after the company signaled robust demand for its memory chips and blew away fiscal first-quarter estimates. During an earnings call with analysts, Micron, which makes memory storage used for computers […]
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Tech stocks set for big losing week as AI names get rocked after Nvidia earnings
Jensen Huang, NVIDIA founder and CEO, has a Q&A session at a press conference during the APEC CEO summit on October 31, 2025 in Gyeongju, South Korea. Woohae Cho | Getty Images News | Getty Images Even Nvidia CEO Jensen Huang couldn’t save the tech and artificial intelligence trade this week. The chip giant’s talismanic […]
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