software stocks

Technology giant International Business Machines (NYSE: IBM) reported second-quarter financial results after the market close Monday. Here are the key highlights. What Happened: IBM reported second-quarter revenue of $15.5 billion, up 9% year-over-year. The total came in ahead of a Street estimate...

Shares of Oracle Corporation (NYSE: ORCL) are trading higher Tuesday after the company reported fourth-quarter earnings results after market close Monday. Here are what analysts had to say about the company’s latest report and what’s ahead. The Oracle Analysts: Bank of America analyst...

After a nice upward move on the day of the Fed rate hike, the market has retreated sharply in the three subsequent sessions. The sell-off isn't quite done yet, according to Redpoint Ventures. The Fall: Between Wednesday and Monday, the SPDR S&P 500 ETF Trust (NYSE:...

Artificial intelligence software company C3.ai Inc (NYSE: AI) reported quarterly results and guidance on Thursday. Here’s the reaction from analysts. The C3.AI Analysts: Morgan Stanley analyst Sanjit Singh issued an Underperform rating and price target of $31. JMP analyst Patrick...

Cathie Wood-led Ark Invest has been piling up shares in the New York-based software automation company UiPath Inc (NYSE: PATH), a stock that has continuously slumped in the past few months. The popular investment first bought shares in UiPath in April just after it made a trading debut on the New...

KeyBanc analyst Michael Turits sees Five9 Inc (NASDAQ: FIVN) as one of the best-positioned names in the communications-software space. The Five9 Analyst: Turits upgraded the firm’s rating from sector weight to overweight and issued a price target of $200, an upside of about 25% to...

Cloud-based restaurant software company Toast Inc’s (NYSE: TOST) blockbuster New York Stock Exchange debut on Wednesday has made each of the three co-founders' stakes worth over $1 billion.  What Happened: Toast’s market cap soared past $30 billion on Wednesday and...

BlackBerry Ltd (NYSE: BB) shares rose over 6% in the after-hours trading on Wednesday after the company beat quarterly revenue expectations. What Happened: BlackBerry’s second-quarter earnings per share came in at a negative $0.06, which beat the estimated EPS of negative $0.07. See Also: How...

Chris Harvey, the head of equity strategy at  Wells Fargo Securities, on Friday told CNBC he believes the software sector is a crowded place and that media and entertainment are set to see a record rally. Bearish On Software: Harvey has downgraded the rating on software groups to underweight...

Software and customer service company HubSpot Inc (NYSE: HUBS) reported fourth-quarter earnings after close Thursday and announced it had passed two important milestones. What Happened: Fourth-quarter revenue of $252.1 million was up 35% year-over-year and came in ahead of Street consensus of $236....