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The Latest Breaking News from Brent Thill

Adobe Investors Will Need Patience For AI Windfall, Analyst Says

Adobe isn't likely to reap the rewards of its investments in generative artificial intelligence until late this year, an analyst says.

Investors Business Daily

Adobe Stock Plunges As Investors Grouse About Lack Of AI Lift

Adobe stock toppled Friday after the digital media and marketing software firm predicted weaker-than-expected sales for the current quarter.

Investors Business Daily

Stock Market Today: Higher Close for Stocks, Palantir Soars on AI Optimism

While the main indexes made modest moves Tuesday, Palantir Technologies soared 30% after earnings.

Kiplinger

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Meta Set To Report Earnings As Zuckerberg Faces Tough Questions In Congress

Here is what to know about Meta stock as Mark Zuckerberg testifies in Congress and Q4 earnings are due Thursday.

Investors Business Daily

IBD Stock of The Day: Microsoft Gearing Up For AI-Powered Growth

Microsoft is the IBD Stock of the Day for Wednesday, as MSFT stock is rising toward a buy point from a flat base pattern.

Investors Business Daily

Microsoft Stock Has These Major Catalysts Ahead In 2024

A host of Wall Street analysts have put Microsoft stock on their lists of top stock picks for 2024.

Investors Business Daily

Palantir Downgraded By Jefferies, Called 'Overhyped On AI'

Calling Palantir Technologies "overhyped on AI," Jefferies analyst Brent Thill on Friday downgraded PLTR stock to underperform.

Investors Business Daily

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OpenAI Circus Continues As Ousted Chief Executive Returns As Boss

Just five days after he was fired as chief executive at OpenAI, Sam Altman is back in charge of the buzzy AI startup.

Investors Business Daily

Adobe Stock Nears Buy Point After Generative AI Product News

Adobe is the IBD Stock Of The Day as the software firm continues to advance generative AI tools for creative professionals.

Investors Business Daily

Adobe's Generative AI Product Firefly Takes Flight

Creative software leader Adobe on Wednesday announced the commercial availability of its Firefly generative artificial intelligence tool.

Investors Business Daily

Palantir Shares Tumble As Analysts Question Growth And AI Pricing Strategy

Palantir stock fell after the company's second-quarter results met analyst estimates. The company announced a $1 billion buyback.

Investors Business Daily

Oracle Looks For AI Boost In Cloud Infrastructure Business

Oracle is the IBD Stock of the Day as the large-cap software stock finds support at its 21-day exponential moving average.

Investors Business Daily

Microsoft Stock Spikes To Record High On AI Pricing Details

Microsoft stock surged after the software giant detailed how it plans to monetize its innovations in artificial intelligence.

Investors Business Daily

Salesforce, IBD Stock Of The Day, Tests Fresh Buy Point

Salesforce is the IBD Stock Of The Day as the maker of customer relationship management software flirts with a buy point.

Investors Business Daily

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Investors Business Daily

Is Meta Stock A Buy After 152% Run? Here's Why There May Be More Upside

Big job cuts have turned Meta stock back into a leader. If revenue revives from an Apple ad hit, the Facebook parent may have more upside.

Investors Business Daily

Cloud Computing Sales Growth Seen Slowing In March Quarter For Tech Titans

The slowdown in cloud computing sales growth is expected to worsen when March-quarter earnings come in for Amazon, Microsoft and Google.

Investors Business Daily

Microsoft Stock Upgraded On AI News Amid Fears Of AI Stock Bubble

Microsoft stock received a flurry of price-target hikes after announcing its artificial intelligence-powered Bing search engine.

Investors Business Daily

Palantir Earnings For Fourth Quarter, Outlook Will Test 2023 Rally

Shares in Palantir rallied in January and early February after a dismal 2022. But some analysts are still cautious on the outlook for PLTR stock.

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Investors Business Daily

DocuSign CEO's Turnaround Vision Debated Amid Earnings Beat

Shares in DocuSign popped Friday after it reported earnings and revenue that topped estimates amid sharply lowered expectations.

Fortune

‘If you’re in tech, buckle up—it’s gonna be a tough ride’: The analyst who says Big Tech's layoffs show 'a new reality' sees 'more cuts' ahead

“The new reality is that demand is fading,” Jefferies analyst Brent Thill told Fortune. If we're headed for a recession, “it’s only inevitable that we’re going to have more cuts.”

Investors Business Daily

Microsoft Could Be 'Next Shoe To Drop' From Weakening PC Market

Declining sales of personal computers have slammed shares of PC makers and chip suppliers. Now Microsoft stock is in the crosshairs.

The Street

Mark Zuckerberg and Facebook Deliver Very Bad News

Social-media giant Facebook is going through one of the toughest times in its history.

Investors Business Daily

Despite A Quarterly Loss, Wall Street Satisfied With Amazon Report

Amazon stock jumped Friday after a second-quarter earnings report that, while missing earnings estimates, beat on revenue across the board.

Investors Business Daily

Amazon Amps Up Its Prime Day And Plans Another During Fall

Amazon Prime Day is back to its regularly scheduled program, following a number of earlier date changes caused by the coronavirus pandemic.

Benzinga

What's Going On With Datadog Stock Today?

Datadog Inc (NASDAQ: DDOG) shares are trading higher Thursday amid overall market strength in the technology and software sector.

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