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TECHNOLOGY
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Updated: 2:01 PM EDT, May 3, 2024
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Press Releases about TECHNOLOGY
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Is Extreme Networks' forecast a sign of industry woes?
November 02, 2023
Following a promising Q1 performance, Extreme Networks issued disappointing guidance, hinting at a potential industry-wide downturn for networking companies.
Via
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Profits come after ignorance Is highest: A PayPal story
November 02, 2023
PayPal is dealing the cards for the next rally, and management feels there's a flush in the works, so get ready to close the market's mispricing soon
Via
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As Shutterstock earnings push on, can the stock reach $80?
November 02, 2023
Shutterstock shares are declining by 7.5% after rallying as much as 22.0% the day prior, as you will find out soon, the decline is completely unjustified
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Could 7 tech giants drag down the broader market?
October 31, 2023
The so-called Magnificent Seven tech giants may drive the wider market lower amid concerns about rising interest rates and Treasury yields
Via
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AI, federal government revenue boost ServiceNow Q3 results
October 30, 2023
ServiceNow reported strong Q3 results, EPS of $2.92 per share and revenue of $2.288 billion. Federal government contracts and generative AI apps helped performance.
Via
MarketBeat
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Texas Instruments' tepid revenue view drags down techs
October 26, 2023
Texas Instruments gapped down as the chipmaker's weak revenue forecast sent the tech sector lower. TI said all customer sectors except automotive were down.
Via
MarketBeat
AI-Infused Earnings Propel Arista Networks to Sector Leadership
October 25, 2023
Arista Networks is the price-performance leader within the computer networking sub-industry. Arista is expected to grow EPS and revenue when it next reports.
Via
MarketBeat
Tech Titans Upcoming Earnings: Shaping the Markets Fate
October 25, 2023
This week, the technology sector (QQQ) enters a critical phase as major global tech companies release their quarterly earnings.
Via
MarketBeat
Topics
ETFs
Is Super Micro Computer an Unsung Hero of AI-Driven Growth?
October 23, 2023
Super Micro Computer's latest earnings report highlights its strength in AI infrastructure. The company anticipates strong growth in fiscal year 2024
Via
MarketBeat
Topics
Artificial Intelligence
Exposures
Artificial Intelligence
Picture This: AI Ignites Double-Digit Revenue Growth at Adobe
October 20, 2023
Adobe bucks the tech downtrend with a 66.43% gain, thanks to AI-powered software and a shift to subscription-based models. Sales grew at double-digit rates.
Via
MarketBeat
Topics
Artificial Intelligence
Exposures
Artificial Intelligence
Economic Angst Shakes Up Techs: Chip Stocks Lead the Plunge
October 16, 2023
Economic jitters and rising interest rates caused wide tech sector declines on October 13. Chip stocks, being cyclical, suffered most, compounding tech's woes
Via
MarketBeat
Topics
Artificial Intelligence
Exposures
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Rising Bond Yields Fuel Surge in Tech and Growth Stocks
October 05, 2023
Amid rising bond yields, investors shift from dividend stocks to tech and consumer sectors, driven by earnings potential and shifting risk perceptions.
Via
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Topics
Bonds
Exposures
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New iPhones Hot In A Bad Way, But Apple Stock Chart is Bullish
October 02, 2023
Despite a 31.92% YTD gain, Apple declined nearly 9% in September, its largest monthly decline this year, driven by overheating complaints about the iPhone 15.
Via
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Big Tech Titans Feel the Chill as AI Stocks Slide
September 27, 2023
Tech stocks, driven by AI enthusiasm, face a slump as investors demand AI-generated revenue, not just promises. Rising interest rates are adding to tech's woes.
Via
MarketBeat
Topics
Artificial Intelligence
Exposures
Artificial Intelligence
AI Race Accelerates with Amazon's Investment In Anthropic
September 26, 2023
Amazon's $4 billion stake in Anthropic signals a strong push into the AI space. Amazon aims to use Anthropic's generative AI models for enhanced applications.
Via
MarketBeat
Topics
Artificial Intelligence
Exposures
Artificial Intelligence
These are the Top 3 Sectors for 3rd Quarter Profit Growth
September 11, 2023
The Q3 earnings reporting is approaching quickly and the news will not all be good; These are the top sectors to watch for growth.
Via
MarketBeat
Can the S&P 500 Triumph over September's Infamous Jinx?
September 08, 2023
September's market performance aligns with historical trends, as major S&P 500 components, including Apple, Amazon, Nvidia, and Alphabet, lead the index lower.
Via
MarketBeat
Topics
Stocks
Exposures
US Equities
Is CrowdStrike's Surge A Sign Of Cybersecurity Revival?
September 05, 2023
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MarketBeat
Dividend Stocks Lag Behind 2023 Market Rally as AI Stocks Surge
August 11, 2023
Dividend stocks are underperforming as AI stocks surge. However, over the long haul, dividend stocks will almost certainly contribute more to total S&P return.
Via
MarketBeat
Topics
Artificial Intelligence
Stocks
Exposures
Artificial Intelligence
US Equities
Nvidia Is Down, But AI Chip Juggernaut Not Down For The Count
August 10, 2023
Nvidia broke its 50-day line for the first time since January. The pullback is likely to offer a buy opportunity, but investors should avoid jumping too soon.
Via
MarketBeat
Topics
Artificial Intelligence
Exposures
Artificial Intelligence
3 Tech-Focused ETFs: Unleashing The Power Of Innovation
August 01, 2023
Taking a closer look at top-performing tech-focused ETFs like QQQ, XLK, and ARKK and unlocking the potential of innovation and diversification.
Via
MarketBeat
Topics
ETFs
Cloud Computing Giant ServiceNow In Buy Zone After AI News
July 31, 2023
ServiceNow beat Q2 earnings views. The cloud computing giant's AI-driven platform is gaining traction and the company boosted its full-year revenue outlook.
Via
MarketBeat
Topics
Artificial Intelligence
Exposures
Artificial Intelligence
Will Cloudflare Go Back Into Rally Mode After Q2 Earnings Report?
July 25, 2023
Cloudflare shares are up 6% in the past three months, rebounding from a decline after its Q1 report. The company guided toward 650% EPS growth this year.
Via
MarketBeat
Is Samsung's Warning Of A Chip Glut Hurting DRAM Maker Micron?
July 11, 2023
Amid a chip glut and weakening demand, Samsung Electronics foresees a sharp 96% profit decline in Q2. Shares of S&P 500 DRAM maker Micron are also struggling.
Via
MarketBeat
Topics
Stocks
Exposures
US Equities
Will Consumer Discretionary Continue Defying The Doubters In Q3?
July 03, 2023
Is the consumer discretionary setting up for further gains in Q3? Investors have been putting money into the sector, which suggests optimism about spending.
Via
MarketBeat
Topics
Artificial Intelligence
Economy
Exposures
Artificial Intelligence
Interest Rates
Rising Optimism: Analysts Say "Buy" Despite Earnings Uncertainty
June 27, 2023
Analysts are bullish ratings despite disappointing EPS estimates. Beaten-down energy has the most analyst "buy" ratings.
Via
MarketBeat
Industrials Shine As Ametek, Cintas, Eaton Trade At New Highs
June 20, 2023
Industrial stocks Ametek, Cintas, and Eaton emerge as price leaders, driven by sustainability, digitization, and onshoring trends. All are trading at new highs.
Via
MarketBeat
Topics
ETFs
What To Expect From The 2nd Quarter Earnings Cycle
June 14, 2023
The Q2 earnings reporting cycle starts soon and will bring volatility to the market; sector rotation will pick up steam, and AI will be a major theme.
Via
MarketBeat
Topics
Artificial Intelligence
Exposures
Artificial Intelligence
Shopify Soars 6% On Logistics Sale; EPS Forecast To Grow 715%
June 07, 2023
Shopify surged 6.24% to $63.66 in heavy volume as investors respond positively to the sale of its logistics business and a potential turnaround in earnings.
Via
MarketBeat
Analysts Have "Buy" Rating On This Mid-Cap Dividend Achiever
May 15, 2023
Mid-cap industrial-sector stock Donaldson is a steady gainer, returning 32.44% in the past year. It has a 36-year track record of increasing its dividend.
Via
MarketBeat
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