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Workday beats first-quarter estimates on steady software demand

Workday beats first-quarter estimates on steady software demand

May 21 (Reuters) - Workday exceeded Wall Street expectations for first-quarter revenue and profit on Thursday, as demand for its AI-powered finance and human resources software services gathered pace, sending its shares up 7% in extended trading.
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U.S. Software Stocks Rebound Amid AI Disruption Concerns

U.S. Software Stocks Rebound Amid AI Disruption Concerns

U.S. Software Stocks Rebound Amid AI Disruption Concerns
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Nvidia Reports Record Profits Amid AI Chip Demand, Faces Market Skepticism

Nvidia Reports Record Profits Amid AI Chip Demand, Faces Market Skepticism

Nvidia Reports Record Profits Amid AI Chip Demand, Faces Market Skepticism
Reuters Reuters
Nvidia forecasts quarterly revenue above estimates, announces $80 billion share buyback

Nvidia forecasts quarterly revenue above estimates, announces $80 billion share buyback

May 20 (Reuters) - Nvidia forecast second-quarter revenue above Wall Street expectations on Wednesday, and announced an $80 billion share repurchase program. Shares of the company were down over 2% in extended trading.
TheStreet TheStreet
Jensen Huang has bold new message after Nvidia Q1 beat

Jensen Huang has bold new message after Nvidia Q1 beat

There is a moment in every market cycle when a single number stops being a number and becomes a verdict. For me, that moment hinges on two things in 2026: When the Federal Reserve speaks and, more specifically, right now, when Nvidia (NVDA) reports earnings as it did on May 20. For two years, when ...
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Nvidia's Q1 Earnings Exceed Expectations Amid AI Chip Demand Surge

Nvidia's Q1 Earnings Exceed Expectations Amid AI Chip Demand Surge

Nvidia's Q1 Earnings Exceed Expectations Amid AI Chip Demand Surge
TheStreet TheStreet
Seagate stock price falls after CEO's rattling warning

Seagate stock price falls after CEO's rattling warning

A throwaway line from a CEO rarely moves an entire sector in a single afternoon. Dave Mosley managed it on Monday. Speaking at the JPMorgan Global Technology, Media and Communications Conference, as reported by Benzinga, the Seagate Technology (STX) chief was asked a simple question: would the ...
AP News AP News
Nvidia Q1 results surpass Wall Street expectations thanks to massive AI chip demand

Nvidia Q1 results surpass Wall Street expectations thanks to massive AI chip demand

Artificial intelligence chipmaker Nvidia’s quarterly results blew past Wall Street’s expectations once again, fueled by massive demand for its high-end AI chips
TheStreet TheStreet
Intuit CEO reveals shocking news about AI agents

Intuit CEO reveals shocking news about AI agents

Intuit (INTU) stock just dropped 20% on May 21 as of 1:24 PMET, but management’s latest comments suggest something much bigger is happening beneath the surface for the software industry. CEO Sasan Goodarzi said Intuit’s AI agents are already powering recommendations across the business, with AI now ...
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Anthropic Projects First Profitable Quarter Amid AI Model Success

Anthropic Projects First Profitable Quarter Amid AI Model Success

Anthropic Projects First Profitable Quarter Amid AI Model Success
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OpenAI Prepares for IPO Amidst Competitive AI Market and Legal Challenges

OpenAI Prepares for IPO Amidst Competitive AI Market and Legal Challenges

OpenAI Prepares for IPO Amidst Competitive AI Market and Legal Challenges
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OpenAI Set to File for IPO, Leading the AI Public Market Race

OpenAI Set to File for IPO, Leading the AI Public Market Race

OpenAI Set to File for IPO, Leading the AI Public Market Race