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Bloomberg22d agobearish
Software Stocks Sink as IBM Miss Delivers ‘Devastating Blow’

(Bloomberg) -- Shares of software and IT services companies plunged Tuesday after International Business Machines Corp. reported preliminary results that missed analyst expectations, reigniting questions over the sector’s prospects.Most Read from BloombergUS Hits Iran With Strikes, Blockade as Trump Plans Hormuz ChargeLindsey Graham, Senate Hawk Turned Trump Ally, Dies at 71Trump Embraces Australian Retirement System Backed by Larry FinkDisney Exiting Streaming Could Spur 40% Rally: Wells FargoO

Adobe Tumbles 9% on CFO Exit, Downgrades: Is the AI Threat Now Salesforce’s Problem Too?
24/7 Wall St.54d agobearish
Adobe Tumbles 9% on CFO Exit, Downgrades: Is the AI Threat Now Salesforce’s Problem Too?

Adobe (NASDAQ:ADBE) shares are getting hammered on Friday, down 9% to $198 after the design-software giant reported a beat-and-raise quarter that investors decided to sell anyway. The move follows Thursday’s 6% drop to $218.80, stretching a brutal week into something closer to a capitulation. The selloff is striking because the numbers were strong. Adobe posted ... Adobe Tumbles 9% on CFO Exit, Downgrades: Is the AI Threat Now Salesforce’s Problem Too?

Oracle Plunges 10% After Earnings, Salesforce Slips Near 52-Week Lows as Cloud Stocks Slide
24/7 Wall St.55d agobearish
Oracle Plunges 10% After Earnings, Salesforce Slips Near 52-Week Lows as Cloud Stocks Slide

Shares of Oracle (NYSE:ORCL) are down 10% to $182.25 in early trading Thursday, following the company’s Q4 FY2026 earnings report released after the bell Wednesday. The slide is dragging on cloud and enterprise software names, with Salesforce (NYSE:CRM) stock down 1.28% to $168.80 and trading near its 52-week lows. Oracle stock closed at $201.26 Wednesday, ... Oracle Plunges 10% After Earnings, Salesforce Slips Near 52-Week Lows as Cloud Stocks Slide

Salesforce Q1 earnings beat estimates, but Q2 outlook falls flat
Yahoo Finance Video69d agobearishVIDEO
Salesforce Q1 earnings beat estimates, but Q2 outlook falls flat

Salesforce (CRM) reported first quarter results on Wednesday after the closing bell. Adjusted earnings per share (EPS) came in at $3.88 (compared to analyst estimates of $3.13), and revenue came in at $11.13 billion (compared to analyst estimates of $11.05 billion). Market Domination Overtime host Josh Lipton dives into the cloud platform operator's earnings release in the video above.