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.
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.
Exxon Mobil Corporation ( NYSE:XOM ) has announced that it will be increasing its dividend from last year's comparable...
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.
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 […]
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.
(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...
Mention high-yield dividend stocks, and one tends to think of stodgy companies that distribute the vast majority of their profits to shareholders via dividends -- sometimes to the detriment of the company's ability to grow. The company has also focused more recently on maintaining a solid balance sheet and supporting a stable and growing dividend. Here's why Kinder Morgan stock is a no-brainer energy stock to buy for 2023.
The 99-year-old investing legend has spoken.
Shares of enterprise-software company Atlassian (NASDAQ: TEAM) plunged on Friday morning after it reported financial results for the second quarter of its fiscal 2023. In Q2, Atlassian generated revenue of nearly $873 million, up almost 27% year over year. Atlassian was able to add more than 4,000 net new customers during Q2, which is encouraging.
Yahoo Finance Live’s Jared Blikre breaks down how stocks are trading.
Week to date, shares of home marketplace company Opendoor Technologies (NASDAQ: OPEN) were up 37.4% through Thursday's market close, according to data provided by S&P Global Market Intelligence, after investors jumped back into high-risk stocks. The stock has cratered from a high of $11.39 in the last year all the way to under $1 per share, but it has recovered on the hope that the housing market won't be as bad as feared. It certainly helps that investors are bidding up a lot of the tech stocks that have gotten crushed over the past year.
These high-octane income stocks, with yields ranging from 4.3% to 15.4%, have been bought hand over fist by billionaire investors.
Zacks.com users have recently been watching Home Depot (HD) quite a bit. Thus, it is worth knowing the facts that could determine the stock's prospects.
Ford Motor Co. late Thursday reported mixed quarterly results, with Chief Executive Jim Farley saying that the auto maker left $2 billion in profit on the table, referring to the company's full-year losses.
Shares of Nordstrom (NYSE: JWN), the department store chain, were rocketing higher on reports that activist investor Ryan Cohen had taken a stake in the company. Cohen is the co-founder of Chewy and may be best known for helping to send GameStop stock skyrocketing in 2021 as he took a stake in the company and pushed for a board shake-up and other changes. According to The Wall Street Journal, which first reported the news, Cohen has amassed a stake in the company that makes him one of the five biggest shareholders outside the Nordstrom family.