AI-driven productivity gains help offset wage hikes, supporting IT margins despite pressure from investments and large-deal transitions.
Paul Shoukry, CEO of Raymond James, joined "Squawk on the Street" to discuss the company's latest earnings report.
SAP gave investors the number they wanted. Europe’s biggest software company said cloud revenue grew 22% to €6.28 billion in the second quarter, beating forecasts, SAP announced. Its cloud backlog, a measure of future sales, jumped 26%. The stock rose more th…
Intel posts 25% higher year-over-year sales and above-the-guidance earnings, and confirms that its 14A technology is on-track to start high volume ramp in 2028.
Jenna O'Malley/PitchBook News AI is getting more expensive, and most PE firms lack a framework for tracking their spending. But the costs aren't only financial: overreliance on AI is also dulling deal teams' judgment and producing diligence work that reads as…
