Microsoft lowers AI software sales quota
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Datadog, Inc. demonstrates accelerating revenue growth, outperforming software peers amid AI-driven sector volatility. Read why DDOG stock is a Hold.
The software company's shares gained 5% in offhours trading after it raised full-year guidance, saying its A
The effectiveness of AIP is encouraging the rapid adoption of the platform. Palantir management pointed out on the company's November earnings call that enterprises tend to scale up AIP deployment across their entire business following the initial deployment. That's in addition to the new customers that AIP is helping Palantir attract.
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Software is ubiquitous and has become the focal point of technological innovation. Apart from running devices and applications, its usage has been extended to managing infrastructure. The Zacks Computer Software industry participants are well-positioned to ...
MongoDB also hiked its full-year forecast amid increased usage on its cloud database platform Atlas, an indicator of robust AI demand. In response to the triple play, at least 25 brokerages have lifted their price targets, the highest coming from Morgan Stanley to $670.
Figma now trades at a price-to-sales ratio of approximately 15, based on its estimated 2025 revenue. Aside from Palantir Technologies trading at astronomical valuations, broader sentiment among software stocks is currently relatively low, due to the same AI disruption fears that have weighed on Adobe.
US stock futures were in a holding pattern on Thursday as Wall Street waited for fresh data to test baked-in expectations that the Federal Reserve will deliver a December rate cut. Buoying stocks is the growing conviction that the Fed will shift toward easing at its policy meeting next week,
Roper remains a buy due to its diversified software portfolio, resilient organic growth, and proven M&A-driven value creation model. AI disruption poses risks but also creates acquisition opportunities as software valuations potentially decline. Recent ...