Siemens, Germany’s largest industrial that builds the power distribution systems and cooling systems that are required for state-of-the-art data centers, on Thursday lifted its profit outlook.

Michelle Miller at AlixPartners discusses AI's pressure on software stocks, urging companies to adapt to major industry changes.

By Saqib Iqbal Ahmed and Lewis Krauskopf NEW YORK, Feb 9 (Reuters) - The software and services industry's recent plunge has ...

Software stocks may not have seen the end of their turmoil, but many industry analysts say the sell-off is overdone.

“AI is eating software. You’re seeing it,” Reitzes said in an interview with CNBC. “This is what we’ve been saying for a couple of years now. And this is an infrastructure software company that has ...

In recent weeks, a range of large “software-as-a-service” companies, including Salesforce, ServiceNow and Oracle, have seen their share prices tumble. Even if you’ve never used these companies’ ...

Search for the phrase "hot AI stocks" using your favorite search engine, and you'll no doubt see Nvidia (NVDA 1.64%) mentioned -- and for good reason. Shares of the giant chipmaker have skyrocketed ...