-
Why Atlassian Shares Are Surging After Hours Thursday
Thursday, August 4, 2022 - 5:51pm | 392Shares of software company Atlassian Corporation are surging Thursday after reporting fourth quarter financial results and first quarter guidance. What Happened: Atlassian Corporation (NASDAQ: TEAM) reported fourth-quarter revenue of $759.8 million, up 36% year-over-year. The revenue...
-
Why These Paymentus Analysts Are Lowering Price Targets After Q2 Earnings
Thursday, August 4, 2022 - 3:46pm | 504Cloud based bill payment company Paymentus Holdings (NYSE: PAY) saw shares fall after reporting second-quarter financial results after the market close Wednesday. Analysts are sizing up the company’s guidance and contract delays. The Paymentus Analysts: Goldman Sachs analyst Will Nance...
-
5 Short Squeeze Candidates To Watch: Vinco Ventures, Camber Energy, Katapult And More
Monday, September 27, 2021 - 10:49am | 682Potential short squeeze plays have gained steam in 2021 with new retail traders looking for the next GameStop Corp (NYSE: GME) and AMC Entertainment Holdings Inc (NYSE: AMC), two stocks that attracted strong interest and saw shares spike. A short squeeze can occur when a heavily shorted stock rises...
-
Why Did Fastly Shares Fall 20% After Earnings?
Wednesday, August 4, 2021 - 5:35pm | 455Cloud platform company Fastly Inc (NYSE: FSLY) reported second-quarter financial results including a discussion on an outage in June and what's to come for the company. What Happened: Revenue of $85 million for Fastly was up 14% year-over-year. The company’s gross margin fell from 61.7%...
-
Microsoft Q4 Highlights: Earnings Top Estimates, Commercial Cloud Revenue Up 36% And More
Tuesday, July 27, 2021 - 4:21pm | 389Technology giant Microsoft Corporation (NASDAQ: MSFT) reported earnings after the market close on Tuesday. Here are the key things to know from the report. What Happened: Fourth quarter revenue was $46.2 billion, up 21% year-over-year and ahead of the Street consensus of $44.1 billion. ...
-
The Street Debates Box: Buy The Dip Or Expect More Declines?
Wednesday, August 29, 2018 - 3:14pm | 649Cloud storage provider Box Inc (NYSE: BOX) reported Tuesday its second-quarter results, which showed multiple concerning metrics, including a slowdown in billings growth and a slightly weak outlook for the third quarter. The Analyst KeyBanc Capital Markets' Rob Owens maintains an Overweight...
-
Nutanix Analysts See Tremendous Long-Term Potential
Tuesday, October 25, 2016 - 3:49pm | 293Nutanix Inc (NASDAQ: NTNX), a $4 billion valued provider of enterprise cloud platforms, has seen its stock dip more than 17 percent since its recent initial public offering. Now that the quiet period has ended, research firms are beginning to release their analysis of the stock. Jayson Noland...
-
What Happened To Twilio On Its IPO Debut?
Thursday, June 23, 2016 - 12:25pm | 181Investors and traders looking to make a quick profit on a hot IPO have been disappointed in 2016 as new IPO listings, particularly in the technology sector, have been extremely rare. In fact, only one technology company, Secureworks Corp (NASDAQ: SCWX) saw its stock trade on the market for the...
-
InterCloud Gains 27%, Company Announces Sale Of Certain Assets For $24 Million
Friday, February 19, 2016 - 11:11am | 344Shares of InterCloud Systems Inc (NASDAQ: ICLD), a nano-cap provider of cloud networking orchestration and automation, surged higher by more than 27 percent early Friday morning after the company announced the sale of its online data backup related business assets to KeepItSafe. InterCloud noted...
-
NVIDIA's Deal With Alibaba Highlights Cloud Opportunity
Friday, January 22, 2016 - 11:34am | 209Shares of NVIDIA Corporation (NASDAQ: NVDA) were trading higher by more than 2 percent on Friday as investors and traders were encouraged by the prospects of its new partnership with Alibaba Group Holding Ltd (NYSE: BABA)'s cloud unit, AliCloud. Mark Lipacis of Jefferies commented in a note...
-
Shares Of Mitel Higher Following Encouraging Q4 Guidance Update
Friday, January 22, 2016 - 10:07am | 199Shares of Mitel Networks Corp (NASDAQ: MITL) were trading higher by nearly 7 percent early Friday morning after the company revised its fourth quarter guidance and offered a business update. Mitel announced after Thursday's market close it will make a $25 million payment against its...