CrowdStrike (CRWD) is up 9% to start the week after delivering strong first-quarter earnings on the top and bottom lines. The stock is now up 154% in the past year and 51% through 2024 thus far. The cybersecurity company reported a 33% growth in revenue to $921 million, easily surpassing the forecast it set [...]
Dropbox (DBX) delivered a solid first-quarter performance with results surpassing the consensus on the top and bottom lines. However, one analyst who boasts a 100% success rate trading DBX actually lowered his price target on the stock - and we found 2 reasons ourselves to hold off on this opportunity for the time being. [...]
Much of the conversation surrounding the AI revolution focuses on names like Nvidia, AMD, Palantir, and other stocks that have captured the limelight by capitalizing on this emerging technology. However, there is reason to believe Microsoft (MSFT) could prove to be the real winner of the “AI arms race” in the long run. No, [...]
Shares of Adobe (ADBE) are down more than 14% Friday morning after the company delivered its first-quarter earnings for fiscal 2024. The company delivered on earnings, but its outlook for the quarters to come left much to be desired and spurred negative investor sentiment. Adobe’s results included an 11% growth in revenue to $5.18 [...]
Shares of Oracle Corp. (ORCL) are up more than 11% this Tuesday morning after the company delivered solid Q3 earnings, outpacing analysts on the bottom line despite coming up a bit short on the top line. The company grew revenue 7% to 13.28 billion, but this fell just shy of the $13.3 billion analysts [...]
Shares of Crowdstrike (CRWD) are up more than 15% Wednesday morning after the company delivered Q4 earnings that topped analyst expectations on both the bottom and top lines. The company also announced news of an acquisition alongside its guidance for the year ahead. The cybersecurity company brought in revenue of $845 million, a 33% [...]
After starting the year strong, Palo Alto Networks (PANW) took a 25% dip yesterday after the market closed. The stock faced a sell-off after investors were warned that the company was rethinking its 2024 revenue forecast. The company is seeing its customers tighten budgets for IT security spending, which put a wrench in its [...]
by Leslie N. Masonson, MBA StoneCo Ltd (Nasdaq: STNE), was founded in 2000 in George Town, the Cayman Islands, where it is currently headquartered. The company offers financial technology and software applications to its 2.6 million customers and partners in the area of electronic commerce, and especially online, in-store and through mobile channels. Their [...]
Oracle (ORCL) delivered second-quarter earnings after the market closed Monday, and the results sent shares lower in extended trading. They picked up from there this morning when the bell opened and the stock fell 11%. The software company fell short of expectations for revenue, delivering just $12.94 billion compared to the consensus of $13.05 [...]
by Leslie N. Masonson, MBA GigaCloud Technology, Inc. (Nasdaq:GCT), was incorporated in 2006 in Walnut Creek, California where it is currently headquartered. It has $584 million in annual sales and a market capitalization of $440 million with 764 full-time employees. Previously, it was known as Oriental Standard Human Resources Holdings Limited with a name [...]
