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Adobe CEO on AI innovation, expanding AI strategy and revenue growth
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Adobe (ADBE) Q2 earnings report 2024

Shantanu Narayen, CEO of Adobe being interviewed by Jim Cramer Linda Dimyan | CNBC Adobe shares jumped 15% in extended trading on Thursday after the design software maker reported earnings and revenue that topped estimates. Here’s how the company did in comparison with LSEG consensus: Earnings per share: $4.48 adjusted, vs. $4.39 expected Revenue: $5.31...

CFRA: RPO growth was the highlight in Oracle's Q4 results
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Larry Ellison is $19 billion richer as Oracle rallies most since 2021

Larry Ellison, chairman and co-founder of Oracle Corp., speaks during the Oracle OpenWorld 2017 conference in San Francisco on Oct. 1, 2017. David Paul Morris | Bloomberg | Getty Images Oracle Chairman Larry Ellison is almost $19 billion richer after the software maker he founded in 1977 forecast double-digit revenue growth for the fiscal year,...

Trade Tracker: Jim Lebenthal buys more Oracle and Bill Baruch buys some SPY put spreads and sells AMD
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Oracle (ORCL) Q4 earnings report 2024

Larry Ellison, co-founder, chairman and chief technology officer of Oracle, speaks during the Oracle OpenWorld conference in San Francisco on Oct. 1, 2017. David Paul Morris | Bloomberg | Getty Images Oracle shares jumped as much as 11% in extended trading on Tuesday after the software maker announced cloud deals with Google and OpenAI, despite...

MongoDB unveils new AI program: Here's what to know
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MongoDB (MDB) Q1 earnings report 2025

MongoDB CEO Dev Ittycheria. Scott Mlyn | CNBC MongoDB stock sank as much as 26% in extended trading on Thursday after the database software maker issued light guidance for the quarter and reduced its forecast for the full fiscal year. Here is how the company did, compared to the LSEG consensus: Earnings per share: 51...

Salesforce bets even bigger on artificial intelligence
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Salesforce (CRM) Q1 earnings report 2025

Marc Benioff, CEO of Salesforce, appears on a panel at the World Economic Forum in Davos, Switzerland, on Jan. 18, 2024. Stefan Wermuth | Bloomberg | Getty Images Salesforce shares plummeted as much as 17% in extended trading on Wednesday after the cloud software vendor reported weaker-than-expected revenue and issued guidance that trailed Wall Street’s...

Cisco CEO Chuck Robbins: $28 billion Splunk deal will be a significant financial growth driver
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Cisco (CSCO) Q3 earnings report 2024

Chuck Robbins, chief executive officer of Cisco, participates in a Bloomberg interview at the World Economic Forum in Davos, Switzerland, on Jan. 17, 2024. Stefan Wermuth | Bloomberg | Getty Images Cisco reported earnings and revenue for the fiscal third quarter that topped Wall Street’s estimates, even with sales dropping from a year earlier. The...

Reddit shares climb on revenue beat in first quarterly report since IPO
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Reddit (RDDT) Q1 2024 earnings

Reddit CEO Steve Huffman hugs mascot Snoo as Reddit begins trading on the New York Stock Exchange (NYSE) in New York on March 21, 2024.  Timothy A. Clary | AFP | Getty Images Reddit shares rallied 14% in extended trading on Tuesday after the company released quarterly results for the first time since its IPO...

Cloud players can monetize AI quicker than other companies, says CFRA's Zino on Microsoft earnings
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AWS Q1 earnings report 2024

Adam Selipsky, CEO of Amazon Web Services, speaks during the Bloomberg Technology Summit in San Francisco on June 22, 2023. David Paul Morris | Bloomberg | Getty Images Amazon said Tuesday that revenue from its cloud unit grew 17% year over year in the first quarter, a more rapid rate than Wall Street had expected....

A quiet meme stock rally? Reddit, GameStop and Supermicro surge
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Super Micro (SMCI) Q3 earnings report 2024

Lisa Su, chair and CEO of Advanced Micro Devices, left, and Charles Liang, CEO of Super Micro Computer, speak at the AMD Advancing AI event in San Jose, California, on Dec. 6, 2023. David Paul Morris | Bloomberg | Getty Images Super Micro shares slipped as much as 8% in extended trading on Tuesday after...

IBM's in-office ultimatum: Move near office or leave company
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IBM Q1 earnings report 2024: IBM to acquire HashiCorp

IBM CEO Arvind Krishna appears at the World Economic Forum in Davos, Switzerland, on Jan. 16, 2024. Stefan Wermuth | Bloomberg | Getty Images IBM shares slipped as much as 6% in extended trading on Wednesday after the hardware, software and consulting provider said it would acquire cloud software maker HashiCorp and reported first-quarter revenue...