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Another Cloud Computing ETF Arrives
Wednesday, April 17, 2019 - 8:34am | 564Read More...The cloud computing industry is experiencing rapid growth, but for nearly eight years, just one exchange traded fund was dedicated to cloud stocks: the First Trust Cloud Computing ETF (NASDAQ: SKYY). What Happened SKYY got some competition with the Tuesday debut of the Global X Cloud Computing ETF...
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The Sell-Side's Takeaways From Amazon's Investor Letter
Friday, April 12, 2019 - 2:22pm | 590Read More...E-commerce giant Amazon.com, Inc. (NASDAQ: AMZN)'s annual shareholder letter focused mostly on its large size, scale and multiple initiatives ahead that could result in "multibillion-dollar failures." RBC's 5 Takeaways The five main takeaways from the letter penned by CEO Jeff...
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The Street Reacts To Cloudera's Earnings, Concerning Guidance
Thursday, March 14, 2019 - 11:50am | 518Read More...Enterprise data cloud company Cloudera Inc (NYSE: CLDR) on Wednesday reported its first earnings report since closing its acquisition of Hortonworks and disappointed investors with concerning guidance. Here is a summary of how some of the Street's top analysts reacted to the print. The Analysts...
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Juniper Networks Buys Mist Systems For $405M: 2 Analyst Takes
Tuesday, March 5, 2019 - 4:38pm | 527Read More...Networking developer Juniper Networks, Inc. (NYSE: JNPR) has reached an agreement to acquire Mist Systems, a cloud-managed wireless network solution company often described as "the Waze for Wi-Fi" for $405 million. The Analysts Piper Jaffray's James Fish maintains a Neutral...
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The Street Remains Bullish On Salesforce Despite Concerning Guidance
Tuesday, March 5, 2019 - 1:15pm | 866Read More...Salesforce.com, inc. (NYSE: CRM) reported fourth-quarter results that came in better than expected, but management's outlook for the first quarter missed on both the revenue and EPS lines. Here is a summary of how some of the Street's top analysts reacted to the report. The Analysts Bank...
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Sell-Side Likes Splunk's Q4 Earnings, Outlook
Friday, March 1, 2019 - 4:50pm | 441Read More...Big data software company Splunk Inc (NASDAQ: SPLK) reported strong fourth-quarter earnings, which prompted three Street analysts to turn incrementally bullish on the stock. Raymond James: The Numbers Splunk's fourth-quarter report is highlighted by multiple beats driven by license upside and...
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Analysts Debate What To Do With VMware After Cloud Stock Reaches New Altitudes
Friday, March 1, 2019 - 4:11pm | 838Read More...Enterprise software company VMware, Inc. (NYSE: VMW) reported fourth-quarter results Thursday that which expectations and helped push the stock to new all-time-highs. Here's how VMWare analysts on the Street reacted. The Analysts Wedbush's Daniel Ives maintains an Outperform rating on...
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The Street Reacts To Palo Alto Hitting New Highs
Wednesday, February 27, 2019 - 1:58pm | 556Read More...Cybersecurity company Palo Alto Networks Inc (NYSE: PANW) reported a top- and bottom-line beat in its fiscal second-quarter results, sending shares to new highs. Here is a summary of how some of the Street's top analysts reacted to the print. Guggenheim: Strong Quarter Palo Alto's report...
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These Analysts Remain RingCentral Bulls
Wednesday, February 13, 2019 - 4:02pm | 450Read More...RingCentral, Inc. (NYSE: RNG) reported fourth-quarter results Monday, which prompted Oppenheimer and Raymond James to turn incrementally bullish on the stock. The Analysts Oppenheimer's Brian Schwartz maintains an Outperform rating on RingCentral with a price target lifted from $101 to $117....
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What You Need To Know About Thoma Bravo's Acquisition Of Ellie Mae
Tuesday, February 12, 2019 - 10:45am | 380Read More...Shares of Ellie Mae Inc (NYSE: ELLI) soared more than 20 percent Tuesday after the cloud-based platform provider for the mortgage industry agreed to sell itself to private equity investment firm Thoma Bravo. What Happened Ellie Mae agreed to sell itself to Thoma Bravo for $3.7 billion, or $99 per...
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Was Amazon's Q4 A Game-Changing Thesis? The Street Debates
Friday, February 1, 2019 - 11:38am | 1116Read More...Amazon.com, Inc. (NASDAQ: AMZN) reported a clean beat across the board in its fourth-quarter results but management's commentary during the conference call spooked some investors. Here is a summary of how some of the Street's top analysts reacted to the print and conference call. The...
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Should Investors Buy The Dip In Juniper Networks? The Street Debates
Wednesday, January 30, 2019 - 6:26pm | 758Read More...Juniper Networks, Inc. (NYSE: JNPR) reported preliminary fourth-quarter results Tuesday that came in below expectations and were delivered alongside a concerning outlook. Here's how five analysts reacted. The Analysts Wells Fargo's Aaron Rakers maintains a Market...
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Morgan Stanley Downgrades Nvidia, Faces 'More Significant Challenges' Than Expected
Tuesday, January 29, 2019 - 10:38am | 402Read More...Nvidia Corporation (NASDAQ: NVDA)'s concerning pre-announcement shows the company faces "more significant challenges" than previously expected, according to Morgan Stanley. The Analyst Morgan Stanley's Joseph Moore downgraded Nvidia from Overweight to Equal-Weight with a...
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3 Catalysts That Make Alibaba A Top Mega-Cap Pick At MKM
Friday, January 25, 2019 - 4:04pm | 448Read More...Despite an ongoing trade war with the U.S. government, Chinese e-commerce giant Alibaba Group Holding Ltd (NYSE: BABA) remains a top mega-cap stock pick at MKM Partners for three key reasons. The Analyst Rob Sanderson maintains a Buy rating on Alibaba's stock with an unchanged $245 price...
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KeyBanc Finds Multiple Reasons To Turn Bullish On Akamai Technologies
Wednesday, January 9, 2019 - 12:14pm | 395Read More...KeyBanc downgraded Akamai Technologies, Inc. (NASDAQ: AKAM) from a bullish stance in 2016, but the research firm sees multiple reasons for investors to become constructive on the stock again. The Analyst KeyBanc Capital Markets' Brandon Nispel upgraded Akamai Technologies from Sector Weight to...
















