Oracle shares surged after CEO Safra Catz announced bold growth projections for the company’s cloud business, fueled by artificial intelligence. The company expects its AI-driven cloud revenue to soar to $144 billion, reinforcing Oracle’s position as a major competitor in the rapidly expanding cloud market. AI Driving Cloud Growth Artificial intelligence has become the biggest […]
Tag: Stock
Adobe Stock Downgraded as ‘AI Is Eating Software’ Fears Grow.
Adobe shares fell sharply this week after analysts downgraded the stock, warning that artificial intelligence (AI) could disrupt its core software business. The downgrade reflects growing market concerns that generative AI tools are reshaping the creative industry faster than traditional software companies can adapt. AI’s Disruption of Creative Tools Generative AI platforms are increasingly capable […]
