Topic
software industry
13 stories related to this topic, newest first.
ai21 days ago
Nvidia CEO Jensen Huang Says Agentic AI Will Require More Software Tools, Despite Sharp Stock Declines at Salesforce, SAP and Atlassian
Jensen Huang told attendees at Computex on Monday that agentic AI will increase demand for software tools rather than eliminate software companies.
marketwatch.comfinance23 days ago
ZoomInfo Board Member Buys 27,500 Shares for $98,980
Board member Domenic Maida purchased 27,500 shares of ZoomInfo Technologies on May 28. The transaction was disclosed in a Form 4 filing with the U.S. Securities and Exchange Commission.
business-standard.comai30 days ago
SAS Institute Faces AI Competition and Leadership Transition
SAS Institute, the analytics software firm founded in 1976, reported just over $3 billion in annual revenue. The company is preparing for a leadership change as its 83-year-old CEO considers retirement.
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benzinga.comfinance34 days ago
ServiceNow stock rises toward yearly high as software sector gains
ServiceNow shares rose sharply on Tuesday, heading for their best single-day performance in a year. The move coincided with broader gains across the software sector.
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ai43 days ago
Palantir Faces Competition From AI Models as CEO Warns Against Slop
Palantir Technologies Chief Executive Alex Karp has criticized low-quality AI output he calls "slop." Investors and some employees worry the company risks losing business to newer artificial intelligence models. The Wall Street Journal reported on the internal and market concerns…
hedgeco.networld45 days ago
Private Credit Investors to Inject $100 Million Into Medallia in Restructuring
A group of private credit investors led by Blackstone is preparing to inject at least $100 million of fresh funds into Medallia. The transaction is part of a restructuring that will give the investors control of the software maker. The development was reported by Bloomberg.
finance.yahoo.comfinance48 days ago
Palantir Customer Base Grows 31% Year-on-Year to Reach 615 in US Commercial Segment
Palantir reported significant growth in its customer account base, expanding 31% year-on-year and 6% sequentially. The U.S. commercial customer count hit 615, up 42% from the previous year and 8% from the prior quarter. The company anticipates rising expenses in 2026 while commit…
FI
cnbc.comfinance51 days ago
Atlassian Shares Jump Over 28% After Q3 Earnings Beat Wall Street Expectations
Atlassian reported fiscal third-quarter earnings that surpassed analyst estimates, with adjusted earnings per share of $1.75 and revenue of $1.79 billion. The software company's cloud and data center segments showed strong growth, prompting a significant stock surge. CEO Mike Can…
Bloombergai59 days ago
Europe's Biggest Software Company Reports Cloud Revenue Growth Beating Estimates
Europe's biggest software company announced revenue growth from its cloud services that exceeded analysts' estimates. This followed the integration of artificial intelligence agents into the services. The development highlights ongoing advancements in AI integration within the so…
Cnbcai60 days ago
ServiceNow Tops Q1 2026 Earnings Estimates and Lifts Guidance, But Shares Fall 12%
ServiceNow reported first-quarter 2026 earnings that exceeded consensus estimates on revenue and profit, prompting the company to raise its full-year guidance. Despite the positive results, shares fell 12% following the announcement. CEO Bill McDermott highlighted AI-driven produ…
ibtimes.co.ukfinance72 days ago
US Private Equity Firms Increase Exposure to Software and Technology Services Deals
Private equity firms in the United States have doubled the share of their deals targeting software and technology services companies over the past 15 years. This sector now accounts for 49% of all private equity deals, approaching a near-record level. Firms have invested hundreds…
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Semaforfinance72 days ago
Shares of Software Companies Decline Amid AI Advances in Data Processing
Shares of software companies focused on data processing have declined as artificial intelligence models from major tech firms expand into this area. Semafor reported that AI powerhouses are competing with established data processing providers. The development affects companies se…
Substrate placeholder — needs reviewworld74 days ago
Perforce Software Agrees Debt Restructuring Deal with Junior Lenders
Perforce Software has reached an agreement with a group of junior lenders to extend repayment deadlines for its debt obligations. The deal permits these lenders to gain seniority in the creditor hierarchy. This arrangement addresses upcoming debt maturities reported by @business.
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