Page 5 - Mark Moerdler News Today

Data center building complexes are changing the face of rural America, using tremendous energy, and delaying some utilities' shift away from fossil fuels.

Dan Durn, finance chief of software firm Adobe, says November-quarter financial results will be strong. Analysts like the growing breadth and depth of its...

It hopes to seize on AI to transform the future of work

Workday failed to wow Wall Street with its long-term view, and that's weighing on shares of the software company Thursday.

It hopes to seize on AI to transform the future of work | Briefing

Cisco Systems Inc. agreed to buy Splunk Inc. in a deal valued at about $28 billion, representing its biggest acquisition yet and a massive push into

The deal will immediately boost earnings—and it provides some new growth options for Splunk.

The technology sector isn't known for its dividends. For one, many tech companies prioritize reinvesting their profits into research and development to fuel innovation and stay competitive. The industry also is characterized by rapid growth and evolution, and companies often prefer to retain earnings to fund expansion and new ventures. But one tech company has been delivering not just steady but increasing dividends to investors year after year: Microsoft Corp. (NASDAQ:MSFT) Don’t Mi...

Microsoft Corp.‘s MSFT artificial intelligence (AI) cloud-computing services may yield higher profits than initially anticipated, according to financial…