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Sell-Side Remains Cautions On Slack Following Q3 Earnings Beat
Article By: Benzinga
Thursday, December 5, 2019 2:16 PM EST
Several analysts have weighed in on Slack following its third-quarter report. Here’s a sampling of what they’ve had to say.
In this article: MSFT, WORK
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Cloud Stocks: Will Salesforce Acquire DocuSign?
Article By: Sramana Mitra
Thursday, December 5, 2019 9:26 AM EST
Salesforce.com was the leader in the global CRM market with 19.5% market share in 2018. Its closest rival SAP was a distant second with 8.3% market share.
In this article: CRM
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Apple Price Target Raised To $300 From $250 At Citi
Article By: The Fly
Thursday, December 5, 2019 8:07 AM EST
Citi analyst Jim Suva raised his price target for Apple to $300 from $250 after "materially" increasing his sales and earnings estimates.
In this article: AAPL
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Amazon & Verizon Team Up To Provide 5G Edge Computing
Article By: Shelly Palmer
Thursday, December 5, 2019 5:21 AM EST
In engineering parlance, getting closer to the “edge” means bringing computational resources closer to the user.
In this article: VZ, AMZN
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AMD Stock Is Approaching A 20 Year Roadblock – Will History Repeat?
Article By: Beth Kindig
Thursday, December 5, 2019 4:26 AM EST
Advanced Micro Devices's stock price is up by 108% this year, making it the best-performing company in the S&P 500 this year. Its closest peer has been Nvidia, whose stock has climbed by 56%.
In this article: AMD Also: FSELX, SOX
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Micron Saying 'Q1 Uncertainty' But Lam Research Saying 'NAND Prices Inflecting Higher'
Article By: Elazar Advisors, LLC
Wednesday, December 4, 2019 3:00 PM EST
There are some short-term challenges in the next two quarters which can affect the company's earnings report later this month. But underlying pricing news is improving and that's key.
In this article: MU Also: AAPL, KLAC, LRCX
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Afiniti Is Mulling Over The Next Big Step
Article By: Sramana Mitra
Wednesday, December 4, 2019 10:36 AM EST
The global AI industry is estimated to grow at a CAGR of 37% to $190.6 billion by 2025. Washington DC-based Afiniti is a Unicorn player in this space that is expected to list soon.
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Beware Of Those Selling "Technology"
Article By: Michael Lebowitz
Wednesday, December 4, 2019 9:22 AM EST
Over the past several years, we have seen an unprecedented move among companies to characterize themselves as technology companies.
In this article: ARLO, UBER, PTON
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Google Co-Founders Brin, Page Step Down, Pichai Takes Over
Article By: Tyler Durden
Tuesday, December 3, 2019 5:30 PM EST
Page and Brin retain majority ownership of Alphabet through special voting stock. They do not plan to sell more company stock, beyond their previously disclosed plans, a spokeswoman said.
In this article: GOOG, GOOGL
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Salesforce Shares Tick Lower On Weak EPS Guidance
Article By: Benzinga
Tuesday, December 3, 2019 4:42 PM EST
Third-quarter adjusted earnings came in at 75 cents per share, beating estimates by 9 cents. Sales came in at $4.51 billion, beating estimates by $60 million.
In this article: CRM
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A Salesforce To Be Reckoned With
Article By: Interactive Brokers
Tuesday, December 3, 2019 3:00 PM EST
Market participants generally foresee a boost to cloud-based software company salesforce.com’s stock Tuesday following the release of its latest quarterly financial results after the closing bell.
In this article: CRM Also: AAPL, MSFT, XLK, SHOP, PAYC, CLOU
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Cloud Stocks: Palo Alto Targets $5B Revenue By 2022
Article By: Sramana Mitra
Tuesday, December 3, 2019 10:49 AM EST
Cyber security player Palo Alto Networks recently announced its first quarter results that outpaced market expectations
In this article: PANW
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Buying Opportunity In Arista Networks
Article By: Andres Cardenal
Monday, December 2, 2019 1:36 PM EST
Chances are that the slowdown in growth will only be temporary, and the stock could deliver attractive returns from current price levels over the long term.
In this article: ANET Also: CSCO, FB
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Cloud Stocks: VMware Builds Up With Acquisitions
Article By: Sramana Mitra
Monday, December 2, 2019 9:56 AM EST
Virtualization giant VMware recently announced a strong third quarter that beat estimates. Over the past few years, VMware has made several acquisitions that have now been integrated into its portfolio.
In this article: VMW
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Splunk Upgraded To Buy From Neutral At Goldman Sachs
Article By: The Fly
Monday, December 2, 2019 6:17 AM EST
Goldman Sachs analyst Christopher Merwin upgraded ReneSola to Buy from Neutral with a price target of $180, up from $147. The shares closed Friday down $1.78 to $149.22.
In this article: SPLK
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Stanphyl Short Netflix Due To Its Egregious Valuation
Article By: ValueWalk
Monday, December 2, 2019 3:28 AM EST
In Stanphyl Capital's letter to investors, the company states it continues to hold its short positions in Netflix "due to its egregious valuation within the context of terrible cash burn and increasing competition."
In this article: NFLX Also: DIS, W, NVTA, SQ, CVNA, ROKU
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