Oracle Corporation rings the Opening Bell at the New York Stock Exchange on Feb. 3, 2026. NYSE Oracle‘s stock surged 11% as software shares, beaten down by artificial intelligence disruption fears, clawed back some year-to-date losses. Adobe jumped about 6%, while Salesforce rallied 5%. ServiceNow, HubSpot, and Workday rallied more than 7% each. Cybersecurity stocks…
We’re not used to so many things going wrong at the same time, especially when, as the days go on, they can’t suddenly go right. Moreover, we can’t process something that seems unfathomable — a short war —when the calendar says it’s no longer short. We also can’t adjust to the notion that no matter…
Apollo Global Management‘s David Sambur told CNBC on Thursday that the selloff in software stocks from fears of artificial intelligence disruption is far from over. “I unfortunately think it’s very early,” Sambur, who is co-head of private equity, told CNBC’s “Money Movers.” Some Wall Street analysts have been comforted by the recent rebound in the…
We are fixated on two problems: the price of oil and the frailty of our banking system. We are catastrophizing at a pace I have rarely seen, accelerated by negative commentators who are rarely proven right but are always given the microphone — either because they are super-rich or because they are super-short. Too cavalier?…
Feeling disappointed by your job or job search? Two recent films might strike a chord. Park Chan-wook’s “No Other Choice” and Sam Raimi’s “Send Help” imagine what happens when workers in bad situations, whether a stagnant job market or a toxic workplace, are pushed to their limits, with murderous consequences. They offer cathartic, if violent,…
Block CEO Jack Dorsey’s move to cut nearly half the company’s workforce is shining a spotlight on a growing question for corporate America: whether advances in artificial intelligence will ultimately mean fewer workers. In an earnings call Thursday, Dorsey said Block will cut about 4,000 jobs. Dorsey framed the move as more than a cost-cutting…
Marc Benioff, chief executive officer of Salesforce Inc., during the World Economic Forum (WEF) in Davos, Switzerland, on Tuesday, Jan. 20, 2026. Krisztian Bocsi | Bloomberg | Getty Images Salesforce shares slipped 3% in extended trading on Wednesday after the customer service software maker reported healthy results and boosted its long-range revenue goal, although its…
Aneel Bhusri, co-founder of Workday, speaks at the Workday Charity Classic on the Stanford University golf course in Stanford, California, on Aug. 28, 2024. David Paul Morris | Bloomberg | Getty Images Workday shares fell 8% in extended trading on Tuesday after the human resources and finance software maker reported light quarterly guidance. Here’s how…
Software stocks made a comeback on Tuesday after Anthropic hosted its enterprise agents event, where it revealed new partnerships, quelling some investor fears that the sector could be displaced by artificial intelligence. The AI startup launched new updates to Claude Cowork that allow companies to integrate the productivity tool into a host of enterprise apps,…
Did you ever wonder what made you pass on what turned out to be a sure thing? What made you thumb your nose at something that now seems obvious to have had real value when you dissed it? Was it all that difficult to see the opportunity? Or did you remember what happened in 2007,…
