News & Events zu Guidewire Software Inc (GWRE)GWREGuidewire Software Inc

Nvidia Partners with Safe Superintelligence for Long-Term Growth

Catch up on the top artificial intelligence news and commentary by Wall Street analysts on publicly traded companies in the space with this daily recap compiled by The Fly.INVESTMENT, PARTNERSHIP:Safe Superintelligence and Nvidiaannounced a long-term partnership to accelerate SSI's strategic growth. Nvidia has additionally made an investment in SSI. For SSI, Nvidia's substantial investment combined with access to the next-generation Nvidia Vera Rubin platform will allow SSI to increase its compute by an order of magnitude. The two companies will also collaborate on the technical advancement of Nvidia's current and future compute platforms, leveraging SSI's unique insights into the future of AI. For the last two years, SSI has been quietly advancing a new research direction to unlock a powerful and robustly aligned artificial intelligence. Nvidia entered this partnership to accelerate SSI's next stage of growth after obtaining rare access into the company's closely guarded research.$250B BACKSTOP:Nvidia is in discussions to provide $250B backstop for OpenAI for a data center project, Anissa Gardizy, Amrith Ramkumar, and Corrie Driebusch of The Wall Street Journal reports. This would help OpenAI lease a 10-gigawatt project that Softbank'ssubsidiary is developing in southern Ohio, people familiar with the matter told the Journal.CHINESE AI MODELS:OpenAI and Anthropic are urging U.S. regulators to restrict Chinese open-source AI models over intellectual property concerns, while Microsoft, Nvidia, and startup founders argue that open-source AI promotes innovation, security, and competition, The New York Times' Mike Isaac, Kate Conger, Ana Swanson, and Meaghan Tobin.AI-DRIVEN SOFTWARE DISPLACEMENT:RBC Capital notes that bear debates on AI and software center on three pillars, namely AI-built displacement of incumbent software; AI creating pricing pressure, due to lower barriers to entry; and disruption from AI-native vendors. While the firm acknowledges the latter two, it introduces its RBC Software TCO Calculator, available as an interactive dashboard, to better understand the first point. The key flaw behind the "AI replacing software" bear case is comparing the cost of building a custom solution versus the annual subscription costs from the vendor, RBC argues, saying that for a Total Cost of Ownership conversation, one needs to look at Build, Run, Maintain, Risk and Quality Gap. The firm applied its framework to 14 companies in its coverage universe, including Salesforce, Workday, HubSpot, Microsoft, Intuit, ServiceNow, Adobe, Shopify, Asana, DocuSign, ZoomInfo, Guidewire, Nice, and Veeva. The names with the greatest defensibility with RBC's dashboard are Microsoft, HubSpot, Intuit, Shopify, and Guidewire.AGENTIC AI CHIP DESIGN:Synopsysannounced new autonomous agentic AI workflows for chip design, developed in collaboration with Microsoftand available for evaluation on Microsoft Discovery. AI is fundamentally reshaping engineering, and Synopsys is building a comprehensive, open agentic AI stack to increase engineering autonomy and accelerate product design from silicon to systems. This week at the 2026 DAC Chips to Systems Conference, Synopsys is showcasing new fully autonomous workflows powered by AgentEngineer technology, extending agentic AI from task automation to long-running engineering execution. Synopsys, AMD, and Microsoft are enabling AI-powered design workflows that combine large-scale reasoning, domain expertise, and cloud-scale compute to accelerate the development of the next generation of AI infrastructure silicon. Today's milestone builds on the existing collaboration and previously announced agentic specification to RTL workflow, marking the first EDA applications available for evaluation on Microsoft Discovery. Customers can request evaluation access through Synopsys. AMD is actively evaluating the application of autonomous workflows to accelerate the development of their next-generation products.COLLABORATION:At the 2026 DAC Chips to Systems Conference, Synopsysannounced advancements to agentic AI for engineering in collaboration with Nvidia. Synopsys has developed fully autonomous, long-running agentic capabilities for chip design and electronics system design enabled with Nvidia Nemotron on Nvidia's accelerated computing platform and secured by the Nvidia OpenShell runtime. "AI is fundamentally reshaping engineering, and Synopsys is at the forefront of this transformation, enabling fully autonomous agents across every stage of silicon and systems development," said Ravi Subramanian, Chief Product Management Officer at Synopsys. "Our close collaboration with Nvidia continues to accelerate the development of next-generation AI technologies by combining Synopsys' domain expertise spanning EDA and CAE with Nvidia's advanced AI infrastructure and technologies. Together, we are enabling a new class of autonomous engineering workflows that elevate productivity, unlock deeper insights, and help customers innovate faster."UBER PARTNERSHIP:Alphabet'sWaymo is weighing options to split from its Uberpartnership, with the relationship between both parties souring amid an intense lobbying battle over the future of self-driving taxis, the Financial Times' Rafe Rosner-Uddin. The robotaxi company has held internal discussions about endings its current deals with Uber, which operates services in Austin and Atlanta, the author says, citing multiple people familiar with the matter. Waymo has already told Uber that it intends to enter these markets independently in January 2028 when their contract allows, the author notes.

Nasdaq Plummets Nearly 4% as Semiconductor Stocks Weaken

The major averages closed sharply lower, with the weakness concentrated in semiconductor and AI-related stocks that sent the Nasdaq down nearly 4%. Yesterday's sharp post-earnings selloff in Broadcom has raised concerns that expectations for the AI trade may have become too aggressive. The U.S. economy added 172,000 jobs in May, well above forecasts of 85,000, and the stronger-than-expected jobs report appears to be reinforcing the "higher-for-longer" interest-rate narrative as well.Meanwhile, reports indicate that efforts to ease tensions involving Iran have stalled, while uncertainty remains around shipping activity through the Strait of Hormuz. Oil prices have pulled back from their recent peaks, but are still on track for a weekly gain.Get caught up quickly on the top news and calls moving stocks with these five Top Five lists.1. STOCK NEWS:The S&P Dow Jones Indicesproposed a new change to the S&P 500 that would deny SpaceXAdditionally, SpaceX entered into a $920M per monthwith GoogleLululemon, citing "headwinds" and additional actions to reposition where neededDocuSignprovided areport for Q1Guidewirealso provided areport for Q32. WALL STREET CALLS:Teslato Neutral at JPMorgan and to Hold at Erste GroupChipotleto Overweight at JPMorganCrowdStriketo Hold at BerenbergLululemonto Underperform at BNP Paribas and to Neutral at BTIGCraig-Hallumon Aurora Innovation, initiated with a Buy3. AROUND THE WEB:Metais weighing raising tens off billions in a new share sale to finance its AI efforts, FT reportsAdditionally, Meta will charge up to $200 per month for its "Hatch" AI agent, The Information saysApollo Global Managementno longer intends to make a takeover offer for Bodycote, ending discussions for the over $2.04B proposal, WSJ saysAppleis expected to introduce a modern version of its chatbot, Siri, that will look more like ChatGPT when the company hosts its annual developer conference next week, WSJ reportsSingapore Airlines is in discussions with Airbus and Boeingto potentially purchase at least 50 jets, Reuters reports4. MOVERS:Concrete Pumpinggained afterand raising its guidance for FY26Merlinrose after completing thefor its C-130J autonomy program with the U.S. Special Operations CommandServiceTitanwas higher afterKeel Infrastructurewas lower after announcing aPlanet Labsfell afterand providing guidance for Q25. EARNINGS/GUIDANCE:G-III Appareland raised its guidance for FY27ABMand backed its guidance for FY26Cooper Companies, with CEO Al White commenting, "We delivered a strong second quarter"Torrid, with EPS and revenue beating consensusSamsaraand raised its guidance for FY27INDEXES:The Dow fell 695.15, or 1.35%, to 50,866.78, the Nasdaq lost 1,121.52, or 4.18%, to 25,709.43, and the S&P 500 declined 200.57, or 2.64%, to 7,383.74.

Major U.S. Stocks Broadly Lower at Noon, Semiconductor and AI Stocks Under Pressure

The major movers were broadly lower near noon, with the weakness concentrated in semiconductor and AI-related stocks following yesterday's sharp selloff in Broadcom, which raised concerns that expectations for the AI trade may have become too aggressive. The U.S. economy added 172,000 jobs in May, well above forecasts of 85,000, and the stronger-than-expected jobs report appears to be reinforcing the "higher-for-longer" interest-rate narrative.Meanwhile, reports indicate that efforts to ease tensions involving Iran have stalled, while uncertainty remains around shipping activity through the Strait of Hormuz. Oil prices have pulled back from their recent peaks, but are still on track for a weekly gain.Get caught up quickly on the top news and calls moving stocks with these five Top Five lists.1. STOCK NEWS:The S&P Dow Jones Indicesproposed a new change to the S&P 500 that would deny SpaceXLululemoncut its, citing "headwinds" and additional actions to reposition where neededDocuSignprovided areport for Q1Guidewirealso provided areport for Q3U.S. nonfarm payrolls rose a better-than-forecast 172,000 in May as the2. WALL STREET CALLS:Teslato Neutral at JPMorgan and to Hold at Erste GroupChipotleto Overweight at JPMorganCrowdStriketo Hold at BerenbergLululemonto Underperform at BNP Paribas and to Neutral at BTIGCraig-Hallum bullish on Aurora Innovation,with a Buy3. AROUND THE WEB:Apollo Global Managementno longer intends to make a takeover offer for Bodycote, ending discussions for the over $2.04B proposal, WSJ saysAppleis expected to introduce a modern version of its chatbot, Siri, that will look more like ChatGPT when the company hosts its annual developer conference next week, WSJ reportsAirbusis falling behind on deliveries of the A321XLR, Bloomberg saysSingapore Airlines is in discussions with Airbus and Boeingto potentially purchase at least 50 jets, Reuters reportsSpaceX'swebsite and IPO marketing documents were inaccessible in Hong Kong and mainland China on Friday, Reuters says4. MOVERS:Concrete Pumpinggains afterand raising its guidance for FY26Merlinup after completing thefor its C-130J autonomy program with the U.S. Special Operations CommandServiceTitanhigher afterKeel Infrastructurelower after announcing aPlanet Labsfalls afterand providing guidance for Q25. EARNINGS/GUIDANCE:G-III Appareland raised its guidance for FY27ABMand backed its guidance for FY26Cooper Companieswith CEO Al White commenting, "We delivered a strong second quarter"Torridwith EPS and revenue beating consensusSamsaraand raised its guidance for FY27INDEXES:Near midday, the Dow was down 0.54%, or 277.66, to 51,284.27, the Nasdaq was down 2.33%, or 624.54, to 26,206.41, and the S&P 500 was down 1.36%, or 103.28, to 7,481.03.