People pass by The Spheres in downtown Seattle, Washington, on June 25, 2025. Juan Mabromata | AFP | Getty Images On an early morning in January, Jake Linsley woke up to a text from Amazon that was lighting up his phone. “I thought it was saying, ‘Your package is delayed,’” Linsley said in an interview….
CNBC’s Jim Cramer said investors who feel they’ve missed this year’s biggest winners should be thankful for Wednesday’s market rotation. “You are getting a chance to sell the losers at a premium and switch to winners at a discount,” the “Mad Money” host said Wednesday. “So often in this market, you look back and kick…
Alphabet has squashed concerns that artificial intelligence will destroy its Google tech empire. One of its biggest weapons in the fight: homegrown silicon chips. Google’s in-house tensor processing units (TPUs) serve as the engine to the company’s Gemini chatbot, which has bolstered its image in the past year against rivals like OpenAI’s ChatGPT. They also…
Oracle CEO Clay Magouyrk, right, speaks on a media tour of the Stargate data center in Abilene, Texas, on Sept. 23, 2025. Kyle Grillot | Bloomberg | Getty Images Oracle just wrapped up its worst week on Wall Street in 25 years as concerns continue to mount about the software company’s debt load and whether…
Artificial intelligence is giving tech investors an entirely new reason to pay attention to the Federal Reserve. For years, megacap tech companies with hefty balance sheets have been able to shrug off rising rates, which tend to weigh more heavily on smaller, less-profitable peers. But companies that were once cash cows are depleting reserves and…
Sridhar Ramaswamy, CEO of Snowflake, helps ring The Closing Bell at the New York Stock Exchange on Sept. 30, 2025. NYSE The “SaaSpocalypse” may not be over. But for now at least, fears of software’s demise have cooled. Software stocks soared this week, driven by strong results from Snowflake and Okta, signaling that some companies…
Software stocks popped on Thursday after Snowflake said it plans to spend $6 billion on compute from Amazon and topped earnings estimates on artificial intelligence momentum. Shares of the software maker surged 35% and headed for its best day ever. The company is expanding its use of Amazon’s in-house chips for AI. Along with the…
Options traders are convinced the “SaaS-pocalypse” is over. Whether that’s true will likely depend on the market’s reaction to Salesforce earnings after the bell Wednesday. Volume ratios in options trading on the iShares Expanded Tech-Software Sector ETF (IGV) have been increasingly bullish throughout this month, including on Tuesday — when more than twice as many…
This photo taken on April 3, 2026 shows an exterior view of the U.S. Oracle tech corporation in Dubai, the United Arab Emirates. Iran’s Islamic Revolution Guard Corps IRGC said Thursday that it had hit a data center of the U.S. Oracle tech corporation based in Dubai, the United Arab Emirates. (Photo by Wen Xinnian/Xinhua…
Microsoft CEO Satya Nadella speaks at a company event on artificial intelligence technologies in Jakarta, Indonesia, on April 30, 2024. Dimas Ardian | Bloomberg | Getty Images Microsoft had all the pieces to win in vibe coding, thanks to the near ubiquity of GitHub, which the company bought for $7.5 billion in 2018. But repeated…
