Brody Ford

Snowflake Inc. gained in extended trading after the company raised its outlook for annual sales, topping analysts’ estimates, and touted rapid adoption of its AI-assisted coding tool.

Microsoft Corp. will begin disclosing quarterly sales for its Azure cloud unit, reversing course after years of criticism from Wall Street regarding a lack of information about the company’s most important growth engine.

Adobe Inc. named Anil Chakravarthy, the president of its customer experience business, as its next chief executive officer, thrusting the company veteran into a challenging competition with artificial intelligence upstarts to maintain its dominance in the market.

Adobe Inc. gave an outlook for sales that narrowly missed analysts’ estimates, renewing concerns about pressure from artificial intelligence upstarts.

(Bloomberg) -- Oracle Corp. reported growth in its cloud computing business that topped analysts' estimates, suggesting the company's large AI data center projects are helping boost its financial results.

Shortages forced the company to turn away some AI and cloud business. Now it’s planning for 38 gigawatts of data center capacity to meet demand.

The company plans to triple the size of its data center fleet by 2032

Oracle Corp. increased the scale of its planned job cuts while the company grapples with a cash crunch tied to development of large-scale data centers for artificial intelligence work.

Oracle Corp. earnings calls this year have been missing a familiar voice: Larry Ellison’s.

By Oracle increased the scale of its planned job cuts while the company grapples with a cash crunch tied to development of large-scale data centers for artificial intelligence work.