Shares of Bill.com Holdings (NYSE: BILL), the payments specialist for small and medium-sized businesses (SMBs), were taking a dive today after the company posted strong results in its fiscal second quarter but offered disappointing guidance for the current period. Bill.com, which is a software-as-a-service company that helps SMBs handle payments and back-office accounting, said core revenue rose 49% in the quarter, and total revenue jumped 66% to $260 million, which beat estimates at $243.5 million. CEO Rene Lacerte said, "We delivered strong second-quarter results and achieved another quarter of non-GAAP profitable growth as we executed on our strategy to be the essential financial operations platform for SMBs."
As of 12:59 p.m. ET, the stock was up 21.9%. Last night, DA Davidson analyst Gil Luria raised his rating on the AI-focused software-as-a-service (SaaS) stock to "buy," saying C3.ai is "a truly scarce asset in a critical software arena," and that the generative AI could be a "killer app" for artificial intelligence. The analyst endorsement was the latest piece of good news for C3.ai, whose shares have surged this week as investors look for ways to get exposure to the artificial intelligence boom.
The Oracle of Omaha has spent over $63 billion since mid-2018 buying a stock that doesn't show up in Berkshire Hathaway's 13F filings or investment portfolio.
Palantir makes data analytics software used by government and commercial customers. In a regulatory filing overnight, the company disclosed that on Jan. 29 Chief Accounting Officer Jeffrey Buckley announced plans to step down as soon as Palantir's 2022 10-K is filed. Palantir also said that Chief Operating Officer Shyam Sankar was named chief technology officer and Chief Legal Officer Ryan Taylor was named chief revenue officer.
In this article, we discuss 15 best dividend leaders to buy according to hedge funds. If you want to see more stocks in this selection, check out 5 Best Dividend Leaders to Buy According to Hedge Funds. First Trust Morningstar Dividend Leaders Index Fund (NYSE:FDL) is based on the 100 highest yielding stocks that have […]
Yahoo Finance's Pras Subramanian breaks down Ford earnings.
JMP Securities, a Citizens Company, Equity Research Analyst Nick Jones sits down with Yahoo Finance Live to dissect Amazon's latest earnings report and unit sales in the greater tech environment.
Electric vehicle (EV) battery company QuantumScape (NYSE: QS) got a boost this week thanks to the Federal Reserve. On Wednesday the Fed increased interest rates by just 25 basis points in response to elevated, but slowing, inflation. Electric vehicle stocks have been plummeting over the past year as investors have become worried about a potential recession.
The stock market had a rough year in 2022, but the technology sector bore the brunt of the pessimism, with the Nasdaq-100 index falling by 33%. The semiconductor industry is a good example. The pandemic triggered chip shortages across the world in 2020 and 2021, which gave manufacturers pricing power and drove monumental growth.
Yes, there's math. No, it's not that hard.
A Cambridge biotech is set to become at least the 10th Massachusetts biotech company to shut down since the start of 2022, following the death of a patient in a clinical trial.
(Bloomberg) -- A Japanese maker of flying motorbikes will list on the Nasdaq stock exchange and start trading as early as Friday in New York, making it the fifth company from the Asian nation to join the tech-heavy bourse, according to people familiar with the matter. Most Read from BloombergMerck Covid Drug Linked to New Virus Mutations, Study SaysAdani Crisis Deepens as Stock Rout Hits $108 BillionHong Kong to Give Away 500,000 Air Tickets to Revive TourismAdani’s $108 Billion Crisis Shakes In
Shares of SoFi Technologies (NASDAQ: SOFI) have surged almost 70% since the start of 2023, but they're still down sharply from their highs. Is the worst over for investors, and this is the beginning of the next bull run for stocks, including SoFi? In the video below, Motley Fool contributors Jeff Santoro and Jason Hall break down why a bull market would almost surely mean good things for SoFi, and why it's worth buying.
Some investors rely on dividends for growing their wealth, and if you're one of those dividend sleuths, you might be...
“A cryptocurrency is not a currency, not a commodity, and not a security,” Munger said Wednesday in a WSJ op-ed. “It’s a gambling contract."
A brutal bear market may have put some investors off stocks. The emotional pain of seeing one's assets lose considerable value was undoubtedly too much for some investors to bear. Knowing this, investors may want to consider taking advantage of discounted prices in stocks such as MercadoLibre (NASDAQ: MELI), Zscaler (NASDAQ: ZS), Snowflake (NYSE: SNOW), and Shopify (NYSE: SHOP).
Ukraine unveiled a criminal case on Friday against the boss of Russia's Wagner mercenary company, and promised to track down and prosecute the company's fighters who try to flee abroad. Wagner, run by businessman Yevgeny Prigozhin, an ally of President Vladimir Putin, has recruited thousands of fighters, including convicts from Russian prisons, to wage war in Ukraine. Prigozhin says his group is pivotal in recent battles in the east of Ukraine, among the bloodiest of the war.
Shares of Twist Bioscience (NASDAQ: TWST) were sinking 17.5% as of 11:18 a.m. ET on Friday. The steep decline came after the synthetic DNA maker announced its fiscal 2023 first-quarter results. Twist reported Q1 revenue of $54.2 million, up 29% year over year.
The year has started well for stock market investors, no doubt of that. The S&P 500 has jumped 9%, and the NASDAQ is up nearly 17%. While this doesn’t reverse last year’s losses, the gains, prompted by several releases of positive economic data, do indicate a shift to more positive investor sentiment. But there is always a voice of caution, and today it’s coming from JPMorgan strategist Marko Kolanovic, who warns that the stock rally likely won’t last – and that it has only postponed, not ended,
Bitcoin's sudden stability is “very suspicious” says John Griffin, finance professor at the University of Texas McCombs School of Business. “The same mechanism we saw in 2017 could be at play now in the still unreal Bitcoin market.”