News
Snowflake, Oracle, Service Now Stocks Rally As AI Trade Heats Up Again
1+ day, 43+ min ago (118+ words) Trading View Snowflake, Oracle, Service Now Stocks Rally As AI Trade Heats Up Again The rally spread across the broader software sector after executives at the Jefferies Software, Internet and AI conference discussed how businesses are increasingly integrating AI tools…...
NTNX: Q3 FY26 saw double-digit growth, record ARR, and expanded AI and cloud partnerships
1+ day, 1+ hour ago (71+ words) Trading View NTNX: Q3 FY26 saw double-digit growth, record ARR, and expanded AI and cloud partnerships Strong Q3 FY26 results with 10% revenue growth, 15% ARR increase, and robust new logo additions reflect momentum in hybrid multicloud, AI, and Kubernetes markets. Expanded partnerships and product innovation…...
Core Weave's Backlog Hits Nearly $100 B: Multi-Year Growth Secured?
1+ day, 6+ hour ago (478+ words) Core Weave's CRWV contracted revenue backlog reached $99. 4 billion at the end of the first quarter of 2026, reflecting customer commitments for its AI-cloud infrastructure. The backlog grew close to fourfold year over year and nearly 50% sequentially. These contracts provide insight into…...
Hitachi Energy India eyes bigger slice of data centre boom with 'grid-to-rack' push
1+ day, 8+ hour ago (35+ words) Trading View Hitachi Energy India eyes bigger slice of data centre boom with 'grid-to-rack' push More news from Reuters...
Key facts: Amazon $5 B to Anthropic; launches Gen AI Fund; ACCC suit
1+ day, 13+ hour ago (112+ words) Trading View Key facts: Amazon $5 B to Anthropic; launches Gen AI Fund; ACCC suit - Amazon invested $5 billion in Anthropic's $65 billion Series H, part of roughly $15 billion from hyperscalers; Anthropic's post-money valuation rose to $965 billion. 1 - Amazon (AMZN) launched the Gen AI…...
Key facts: 5 GW TPU for Anthropic; $36 B deal uses GOOG chips; NB2/Pro GA
1+ day, 13+ hour ago (142+ words) Trading View Key facts: 5 GW TPU for Anthropic; $36 B deal uses GOOG chips; NB2/Pro GA - GOOG: Google Cloud will provide Anthropic up to 5 GW of TPU compute capacity to scale Claude, boosting dedicated AI infrastructure available to Anthropic. 1 - Alphabet Class…...
PLUS Q1 Deep Dive: Revenue Growth Outpaces Margins as AI and Cloud Demand Rises
1+ day, 14+ hour ago (497+ words) IT solutions provider e Plus PLUS announced better-than-expected revenue in Q1 CY2026, with sales up 15. 7% year on year to $576. 2 million. Its non-GAAP profit of $1 per share was 2% above analysts" consensus estimates. e Plus (PLUS) Q1 CY2026 Highlights: e Plus" leadership identified broad-based demand for…...
NTAP Q1 Deep Dive: AI and Cloud Demand Drive Revenue, Operating Margins Expand
1+ day, 14+ hour ago (383+ words) Data storage company Net App NTAP reported revenue ahead of Wall Street's expectations in Q1 CY2026, with sales up 12. 5% year on year to $1. 95 billion. On top of that, next quarter's revenue guidance ($1. 83 billion at the midpoint) was surprisingly good and 8. 5% above what…...
Snowflake Jumps 39% After Raising Outlook And Signing $6 Billion AWS Deal
2+ day, 16+ min ago (211+ words) Trading View Snowflake Jumps 39% After Raising Outlook And Signing $6 Billion AWS Deal For the fiscal year ending in January 2027, Snowflake now expects product revenue to rise about 31% to $5. 84 billion, above its prior outlook of $5. 66 billion and ahead of analysts' average…...
Snowflake Surges on AWS Deal
1+ day, 23+ hour ago (194+ words) Snowflake (SNOW, Financials) finally gave investors something to cheer about. Shares jumped more than 33% after the company raised its annual revenue forecast and announced a five-year, $6 billion deal with Amazon Web Services. The agreement gives Snowflake access to AWS Graviton…...