Jefferies Slashes Ratings on Four Software Stocks Amid AI Concerns
Jefferies downgraded Workday, DocuSign, Monday.com, and Freshworks to Hold due to AI risks hitting app software hard.
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OpenAI Scales Back AI Ambitions: $600 Billion Compute Target by 2030, Eyes $280 Billion
OpenAI scales back its massive compute spending target to ~$600B by 2030 (from earlier $1.4T talk), eyes over $280B revenue, closes in on $100B+ funding round with Nvidia, Amazon, and more.
Claude Code Security Hits the Market — And Sends Cyber Stocks Tumbling
Cybersecurity stocks such as CrowdStrike and Cloudflare fell sharply after Anthropic launched Claude Code Security—an AI feature that scans code for vulnerabilities—raising concerns that AI could disrupt demand for traditional security software.
Google Flexes Financial Muscle: Investing in Neoclouds to Break Nvidia's AI Grip
Google ramps up its challenge to Nvidia by investing in startups like Fluidstack ($100M) and backing data-center partners to expand adoption of its cost-effective TPU AI chips amid supply challenges.
Akamai Q4 2025 Earnings: Beat Expectations, But AI Memory Crunch Hits Q1 Profit Outlook
Akamai smashed Q4 revenue and profit forecasts thanks to strong security & cloud growth, but warned of higher memory chip costs from the AI boom. Q1 profit guidance missed Wall Street estimates.
Figma Stock Jumps After Crushing Q4 Results & Massive 2026 Outlook
Figma blew past Wall Street forecasts with strong Q4 2025 sales and gave huge guidance for 2026. Shares are surging.