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ServiceNow (NOW) is seeing favorable earnings estimate revision activity and has a positive Zacks Earnings ESP heading into earnings season.
To boost its endpoint security service capabilities, Palo Alto Networks (PANW) acquired Israel-based company Secdo. The deal may give the company access to Secdo’s advanced EDR (endpoint detection and response) features, which include unique data collection and visualization. The financial terms of the deal have not been disclosed. After completion of the deal, Palo Alto Networks could combine Secdo’s EDR technology with its Traps platform, allowing it to visualize, identify, and prevent cyber attacks.
Today I will take a look at China Auto Logistics Inc’s (NASDAQ:CALI) most recent earnings update (30 September 2017) and compare these latest figures against its performance over the pastRead More...
ServiceNow's (NOW) first-quarter 2018 results are likely to benefit from growing G2K customer base and rapid growth in non-ITSM markets.
This will be the boutique hotel's third owner since the Northwest Side property opened in 2012.
Storage company Seagate (STX) is expected to announce its fiscal 3Q18 results on May 1, 2018. Analysts expect Seagate to post revenue of $2.74 billion in fiscal 3Q18, a rise of 2.4% YoY (year-over-year) compared to its revenue of $2.67 billion in fiscal 3Q17. Wall Street has a high revenue estimate of $2.81 billion and a low estimate of $2.64 billion for the quarter, which ended in March 2018.
In 2018 there is a tech stock that is hotter than Nvidia Corporation (NASDAQ:NVDA). That stock is NetApp Inc. (NASDAQ:NTAP). NetApp stock very well could be the Nvidia of the future.
Western Digital (WDC) has returned 7.5% in the last 12 months, -12% in the last month, and 0.3% in the last five days. WDC stock rose 17% in 2016 and ~20% in 2017. Since the start of 2018, it’s risen almost 14% despite the tech sector sell-off in early February and mid-March.
Investors are always looking for growth in small-cap stocks like China Auto Logistics Inc (NASDAQ:CALI), with a market cap of US$12.92M. However, an important fact which most ignore is: howRead More...
The demand for data storage is expected to grow exponentially over the next few years driven by the adoption of 4K Ultra HD video and emerging applications, including artificial intelligence (or AI), machine learning, and data analytics. This growth in data provides an opportunity for storage companies such as WDC, Seagate (STX), NetApp (NTAP), and IBM (IBM) to expand their existing solutions portfolios by introducing new products. According to WDC, this storage product can be used by businesses to track their asset security or by retail owners to analyze shopping behavior through facial recognition.
Today we’re going to take a look at the well-established ServiceNow Inc (NYSE:NOW). The company’s stock saw a significant share price rise of over 20% in the past couple ofRead More...
Additionally, this was an improvement in sentiment as investors who seek to profit from falling equity prices reduced their short positions on February 21. Index (PMI) data, output in the Technology sector is rising.
Hybrid cloud data services provider NetApp Inc. (NASDAQ:NTAP) hosted its annual Analyst Day on April 5. The company raised its short- and long-term growth outlooks. They also added firepower to the capital returns program, adding $4 billion to the share buyback program and promising to double the dividend.10 S&P 500 Stocks to Buy Off Their Lows
The most recent earnings release Gastar Exploration Inc’s (AMEX:GST) announced in December 2017 signalled company earnings became less negative compared to the previous year’s level – great news for investorsRead More...
The extension comes as a takeover bid by former Perry Ellis International CEO and chairman George Feldenkreis remains up for consideration.
Hewlett Packard Enterprise (HPE) has returned 26.0% in the trailing-12-month period, -8.7% in the past month, and -4.7% in the trailing-five-day period. The tech sell-off seen since February has negatively impacted HPE’s stock performance.
Hewlett Packard Enterprise (HPE) expects free cash flow of $2.0 billion by the end of fiscal 2020. HPE is subject to the transition tax, which stands at 15.0%. The firm is looking to offset the transition tax via other tax attributes. HPE believes that tax costs would not impact its strong financial statements due to rigorous tax planning over the last few years.
Bully for Micron One bright spot is memory-chip giant Micron Technology (MU), which is bouncing back after being under pressure following that Sell recommendation yesterday from Timothy Arcuri of UBS. The stock is up 50 cents at $50.35, and helping the shares is a fairly upbeat endorsement this morning from Instinet’s Romit Shah, who reiterates a Buy meeting after spending two days hosting meetings between the newly installed chief financial officer, David Zinsner, and investors. Among the things Shah learned is that Zinsner "did not seem concerned that NAND ASP declines in the February period would persist,” and that the company "continues to expect DRAM suppliers to be rational about capacity expansion in an effort to sustain high margins and cash flow." Universal Display’s Bright Prospects Another relative bright spot is organic light-emitting diode technology maker Universal Display (OLED) are up $1.77, or 1.8%, at $103.10, after Oppenheimer & Co.’s Andrew Uerkwitz this morning raised his rating on the shares to Outperform from “Perform,” writing that the stock is oversold after dropping 41% this year.
Stocks swung lower Friday after a disappointing March jobs report, as Merck fails a drug test and NASA delays a Boeing-led project.
Companies with shares expected to trade actively in Friday's session include Incyte, JPMorgan, Boeing and WageWorks.
NetApp Inc. authorized the buyback of an additional $4 billion in shares of its common stock, the company said in a filing late Thursday. The authorization does not have an expiration date and does not ...