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According to Goldman Sachs, not all software stocks are losers after the recent debacle in software stocks. Software companies have been among the most oversold stocks in the S&P 500 index in recent weeks and continued to weigh on the overall market during trading Tuesday. The group has come under fire over concerns that artificial intelligence tools could disrupt the traditional “per-seat” subscription model used by traditional software giants, displacing their own products and squeezing companies’ pricing power. Analyst Gabriela Borges wrote in a note to clients on Monday that the rapidly evolving nature of agent technology ultimately makes it…
Automattic’s website hosting platform, WordPress.com, will include the WordPress AI assistant, the company announced Tuesday. This feature is designed to work within a website and understand its content and layout, allowing site owners to make changes using natural language commands. New tools allow you to adjust your site’s layout, style, and other patterns by issuing commands to your AI assistant. You can see your changes reflected on your site as you work. These instructions don’t have to be precisely customized prompts, the company says. Instead, you can use more general language such as “make this section feel more modern or…
palo alto networks Shares fell 6% after the bell on Tuesday after beating Wall Street’s fiscal second-quarter expectations but disappointing guidance.Here’s how the company performed against LSEG’s estimates:Earnings per share: $1.03 per share excluding items (94 cents expected) Revenue: $2.59 billion ($2.58 billion expected)The cybersecurity company expected fiscal third-quarter earnings to be lackluster in the range of 78 cents to 80 cents, falling short of LSEG’s forecast of 92 cents. Sales are expected to reach between $2.94 billion and $2.95 billion, exceeding expectations of $2.6 billion.The company said sales increased 15% from $2.3 billion in the same period last year.…
James Van Der Beek renews wedding vows before wife Kimberly Van Der Beek passes awayJames Van Der Beek and Kimberly Van Der Beek didn’t wait for the final milestone. On February 11, just days before his death at the age of 48, the Dawson’s Creek star and his wife of 15 years renewed their marriage vows in a bedside service at their home in Texas. “We decided two days ago, our friend gave us a new ring, we filled our bedroom with flowers and candles, and we renewed our vows from bed,” Kimberly told People magazine in an interview published…
Every weekday, Jim Cramer’s CNBC Investment Club releases the Homestretch, a practical afternoon update to coincide with the last hour of trading on Wall Street. The Dow, S&P 500 and Nasdaq rose in afternoon trading Tuesday after bouncing back and forth earlier in the session. As concerns persist that artificial intelligence will harm business, the usual suspects have come under fire again these days: enterprise software. Salesforce fell more than 3%, while CrowdStrike and Palo Alto Networks fell more than 4.5% and 2%, respectively. We can’t defend Salesforce here, just hold it. But as we have said repeatedly, our cybersecurity…
The European Parliament has reportedly blocked lawmakers from using AI tools built into work devices, citing cybersecurity and privacy risks from uploading sensitive communications to the cloud. Congress’ IT department said it could not guarantee the security of data uploaded to the AI companies’ servers and that the full scope of information shared with the companies was “still being evaluated,” according to an email reviewed by Politico. As such, the email said, “We believe it is safer to disable such features.” For example, uploading data to AI chatbots such as Anthropic’s Claude, Microsoft’s Copilot, and OpenAI’s ChatGPT means that U.S.…
Tesla Europe has announced plans to add xAI’s Grok, an AI chatbot, to its vehicle infotainment systems in the UK and eight other European markets.It remains to be seen whether the addition of this technology will revive European interest in buying Teslas.Elon Musk’s automaker has seen a 27% drop in EV sales in Europe, according to data from the European Automobile Manufacturers Association (ACEA). Tesla’s decline came as Europeans continued their strong push for battery electric vehicles. According to ACEA, BEVs are the only type Tesla makes and accounted for 17.4% of the overall European market in 2025. China’s BYD…
Dana Eden, an Israeli producer best known for co-creating the Apple TV show “Tehran,” was found dead Sunday in Athens, where the show’s fourth season was being filmed, Greek police said. Eden, 52, was found dead in a hotel room after several attempts by relatives to contact him were unsuccessful. Police said her death was being treated as a suicide, according to Reuters. “We mourn the loss of a friend and partner of Israel Public Broadcasting Corporation’s long line of works, series and programs,” Kang said in a statement. Kang said Eden was in Greece to oversee the “complex and…
Emilia Clarke’s brain aneurysmEmilia Clarke, who filmed battle scenes for Game of Thrones, published an essay in The New Yorker in 2019 titled “A Battle for My Life.”After suffering a severe headache at the gym, the actress writes, “I made it to the bathroom and fell to my knees feeling very, very sick.” “During that time, the pain was getting worse with shooting, stabbing, squeezing pain. On some level, I knew what was happening: my brain was damaged.”She was taken to the hospital for a brain scan.”The diagnosis was swift and ominous: a subarachnoid hemorrhage (SAH) is a life-threatening type…
Vinicius Junior scored a stunning second-half winning goal as Real Madrid beat Benfica 1-0 in the Champions League play-off first leg, but the night was overshadowed by the Brazilian accusing Benfica’s Gianluca Prestianni of hurling a racist slur at him.The alleged incident occurred on Tuesday at the Estadio da Luz five minutes into the second half, just after Vinicius put Real ahead, before referee François Letexier halted the match for 11 minutes under FIFA’s anti-racism regulations.Recommended stories list of 4 itemsend of listTelevision footage showed the Argentine winger covering his mouth with his shirt and making comments that Vinicius and…