-
Palantir's Q&A Platform For Investors Is Open All Weekend Ahead Of Q4 Earnings On Tuesday
Saturday, February 13, 2021 - 7:31am | 388Read More...Big-data analytics company Palantir Technologies Inc (NYSE: PLTR) is scheduled to release fourth-quarter earnings Feb. 16, and the Denver-based company wants to hear from shareholders. What Happened: Palantir opened a shareholder Q&A platform to be used in its upcoming earnings call. The...
-
MongoDB, Tencent Collaborate To Provide SaaS For Tencent Cloud Users
Wednesday, February 3, 2021 - 2:58pm | 213Read More...MongoDB, Inc. (NASDAQ: MDB) partners with Tencent Holdings (OTC: TCEHY) to deploy Tencent’s global cloud infrastructure on MongoDB’s database. Tencent will offer high-tech data processing pipelines secured by advanced encryption controls under the...
-
4 Atlassian Analysts On The Q2 Print, Outlook
Friday, January 29, 2021 - 3:04pm | 620Read More...Trello's parent company Atlassian Corporation PLC (NASDAQ: TEAM) reported Thursday afternoon with fiscal-second quarter results that came in better than expected, as the company has continued to add new customers during the COVID-19 pandemic. Here's how some of the Street's...
-
Microsoft Hits New All-Time High As Q2 Cloud, Azure Business Overshadow Xbox Release
Tuesday, January 26, 2021 - 4:30pm | 263Read More...Microsoft Corporation (NASDAQ: MSFT) reported second-quarter earnings after the stock hit a new all-time high on Tuesday. What Happened: Revenue increased 17% year-over-year to $43.1 billion for Microsoft, beating street consensus estimates of $40.2 billion. Net income increased 33% year-over-year...
-
3 Top Cloud Software Picks From Goldman Sachs Among 12 Initiations
Friday, January 22, 2021 - 11:55am | 594Read More...Plenty of opportunity exists in the $1-trillion global cloud software market, but investors should be careful about how they approach the space, according to Goldman Sachs. The Cloud Analyst: Kash Rangan initiated coverage of 12 cloud software stocks with the following ratings:...
-
Winning With WCLD In 2021: How Cloud Computing Stocks Can Deliver More Upside
Monday, January 4, 2021 - 5:29pm | 582Read More...In 2020, the technology sector was hot, but many cloud computing equities were simply scintillating, a theme that's still in its early innings. What Happened: For investors that like the idea of cloud exposure, but don't like the idea of stock picking in this segment, there are three...
-
JD.com To Spin Off Cloud, AI Segment, Focus On Core Retail Business
Wednesday, December 30, 2020 - 9:50am | 448Read More...Chinese online retailer JD.Com Inc (NASDAQ: JD), which recently spun off its health unit through a $3.5-billion IPO in Hong Kong, confirmed Wednesday that it plans to splinter its technology unit. What Happened: Nasdaq-listed JD.com's board has authorized the company to explore the...
-
Why Needham Likes Cloud Stock Anaplan In 2021
Monday, December 28, 2020 - 1:51pm | 338Read More...Cloud-based software stocks have done well amid the work-from-home and study-from-home environment necessitated by the COVID-19 pandemic in 2020. Despite the pricier valuation of the category, an analyst at Needham picked one of the stocks as a recovery play in 2021. The Anaplan Analyst: Needham...
-
Why Rosenblatt Is Bullish On Splunk, Dynatrace
Thursday, December 17, 2020 - 3:00pm | 485Read More...Rosenblatt Securities initiated coverage of software stocks Splunk Inc (NASDAQ: SPLK) and Dynatrace Inc (NYSE: DT) with bullish ratings Thursday. The Analyst: Blair Abernethy initiated coverage of Splunk with a Buy rating and $196 price target. The analyst also initiated coverage of Dynatrace...
-
BofA Reinstates Coverage Of Cloud Stocks, Names Top Picks For 2021
Wednesday, December 16, 2020 - 12:16pm | 586Read More...Cloud services is one segment that has gotten a big boost in 2020 due to the pandemic, with many cloud stocks up big year-to-date. On Wednesday, BofA Securities reinstated coverage of five cloud stocks and named its top picks in the group. The Cloud Analyst: Brad Sills reinstated coverage...
-
Will Cloudera Or Fastly Stock Grow More By 2022?
Monday, December 14, 2020 - 11:00am | 447Read More...Every week, Benzinga conducts a sentiment survey to find out what traders are most excited about, interested in or thinking about as they manage and build their personal portfolios. We surveyed a group of over 250 Benzinga investors on whether they think shares of Fastly Inc (NYSE: FSLY) or...
-
Jim Cramer: Salesforce Has 100% Upside After Buying Slack
Friday, December 4, 2020 - 12:33pm | 395Read More...Salesforce.com, inc.'s (NYSE: CRM) $27.7-billion acquisition of Slack Technologies Inc (NYSE: WORK) has received some pushback from analysts, but CNBC's Jim Cramer says the deal is "brilliant" and will double Salesforce's stock. What Happened: Salesforce has shown impressive...
-
Cramer On Layoffs At 3M, Elsewhere: Investors Must Separate 'Stocks From People'
Thursday, December 3, 2020 - 3:19pm | 433Read More...3M Company (NYSE: MMM) joins the growing list of large-cap companies laying off thousands of workers — but investors should view this favorably, according to CNBC's Jim Cramer. Tough Action: Companies are making tough decisions to fire workers by the thousands, and it comes at a time...
-
5 Former SPACs That Are Now Penny Stocks Under $5
Sunday, November 1, 2020 - 10:05am | 1344Read More...One of the hottest investment trends of 2020 has been the rise of specialty purpose acquisition companies, commonly known as SPACs. Companies like DraftKings (NASDAQ: DKNG), Virgin Galactic Holdings (NYSE: SPCE), Repay Holdings Corp. (NASDAQ: RPAY) and Immunovant Inc. (NASDAQ: IMVT) has seen...
-
Azure, Xbox Growth Lead Way For Microsoft's Q1 Beat
Tuesday, October 27, 2020 - 3:34pm | 356Read More...Microsoft Corporation (NASDAQ: MSFT) reported strong growth in its fiscal first quarter, led by its Azure and Xbox product offerings. What To Know: The company reported year-over-year sales growth of 12% to $37.2 billion for the first quarter. Earnings came in at $1.82 per share. Both...
