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Technology Stocks
Salesforce Leans on AI Acquisitions, not Headcount Growth
Salesforce’s (NYSE: CRM) recently announced first quarter results that soared past market expectations. The company recently made a few acquisitions to continue its growth trajectory.
>>>Alphabet’s Silent Layoffs help AI Expansion
Alphabet (Nasdaq: GOOG) recently announced its first quarter results that soared past market expectations. The performance helped the stock climb 10% in the after-hours session. The stock has already climbed nearly 25% so far this year.
>>>Atlassian Self-Funds AI Development Through Layoffs
Enterprise collaboration solutions provider Atlassian (Nasdaq: TEAM) recently announced its third quarter results that continue to outpace market expectations. The stock soared 29% in the after-hours trading session post the result announcement.
>>>Microsoft Offers Voluntary Retirements Instead of Layoffs
Microsoft (Nasdaq: MSFT) announced its third quarter results that outpaced market expectations. But its outlook for the current quarter was not that impressive.
>>>Amazon’s Layoffs Helping Fund Growth
Last week, Amazon (NASDAQ: AMZN) announced its quarterly results that continued to outpace market expectations. The company is investing significantly in future offerings and recently announced the acquisition of Globalstar, the biggest acquisition it has ever made. Earlier this week, it also announced plans to launch its logistics network to all businesses.
>>>Meta’s AI Push is Driving Layoffs
Earlier this week Meta (Nasdaq: META) announced its first quarter results that outpaced the market. But disappointing usage metrics sent the stock down 7% in the after-hours trading session.
>>>IBM Consulting Business Should Yield Success
Earlier this week IBM (NYSE:IBM) announced its quarterly results that outpaced market expectations. But a conservative guidance driven by uncertainty around AI sent the stock falling 6% in the after-hours trading session.
>>>Block’s Layoffs are a Sign of Times to Come
Recently, Square’s owner Block (NYSE: XYZ) was in the news for the massive layoffs announced at the organization as it adopts AI for its operations. Block firmly believes in the advancements in AI tools that are showing it how to operate more efficiently.
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