software

Although Unity Software Inc (NYSE: U) reported Wednesday disappointing third-quarter revenues, its stock recorded gains. Benchmark On Unity Software Analyst Mike Hickey maintained a Sell rating, with a price target of $16. “U delivered disappointing F3Q22 results, missing Benchmark estimates...

Stocks and bonds in the U.S. took a hit on Thursday, continuing their response to the Federal Reserve’s hawkish stance. The S&P 500 and the Nasdaq closed over 1% lower, while yields on U.S. Treasuries across the curve saw a spike. Meanwhile, here are five stocks that witnessed...

U.S. markets closed mixed on Thursday, with the Nasdaq ending the session down over 2%, as Big Tech earnings disappointed the Street. While earnings-led stock movements are grabbing retail investors’ eyeballs in most cases, the revelation of a previously undisclosed criminal investigation is...

Cathie Wood-led ARK Investment Management bought over 23,000 shares of software maker Adobe Inc (NASDAQ: ADBE) through the ARK Next Generation Internet ETF (NYSE: ARKW), estimated to be valued at over $6.7 million based on Monday’s closing price. Adobe is the 30th largest holding in the...

Cathie Wood-led ARK Investment Management dumped over 200,000 shares of Spotify Technology SA (NYSE: SPOT) on Friday via two of the company’s exchange-traded funds (ETFs). The share sale was valued at over $18 million, based on the latest closing price. Spotify is the 27th largest...

Intuit Inc. (NASDAQ: INTU) Tuesday announced strong results for the fourth quarter and full fiscal year 2022. Here is what five analysts think. Piper Sandler On Intuit Analyst Arvind Ramnani reiterated an Overweight rating and a price target of $553. The company’s fiscal fourth-quarter beat...

Nvidia Corporation (NASDAQ: NVDA) was trading slightly lower on Thursday, in sympathy with the S&P 500, which was also trading down. The tech giant has been trading in a fairly consistent downtrend between two parallel lines since May 4 but recently settled into a triangle pattern on the daily...

New Relic Inc (NYSE: NEWR) reported fourth-quarter revenue growth of 19.2% year-over-year to $205.75 million, beating the consensus of $204.52 million. The gross margin expanded by 200 bps to 68.9%. The adjusted gross margin was 71%. Loss from operations for Q4 was $55.75 million, compared to $54....

Matterport Inc (NASDAQ: MTTR) shares are receding on Friday after an analyst at Piper Sandler tempered his expectations concerning the spatial data company. The Matterport Analyst: Weston Twigg maintained an Overweight rating for Matterport shares but reduced the price target from $10 to...

Investors who bought stocks during the COVID-19 market crash in 2020 have generally experienced some big gains in the past two years. But there is no question some big-name stocks performed better than others since the pandemic bottom. Microsoft's Big Run: One company that has been a solid...

Coupa Software Inc (NASDAQ: COUP) is among the best SMID (small and medium) capitalization SaaS (software as a service) franchises and has compelling long-term growth opportunities, according to Evercore ISI. The Coupa Software Analyst: Peter Levine upgraded the rating for Coupa Software from In...

Logitech International SA (NASDAQ: LOGI) is likely to generate a compounded annual growth rate of 8% in revenues and 10% in EBITDA between fiscal 2022 and 2026, according to BofA Securities. The Logitech International Analyst: Adam Angelov initiated coverage of Logitech International with a Buy...

Investors who have owned stocks in the past year generally have experienced some decent gains. In fact, the SPDR S&P 500 ETF Trust's (NYSE: SPY) total return in the past 12 months is 10.3%. But there is no question some big-name stocks performed better than others along the way....

Palantir Technologies Inc (NYSE: PLTR) shares are trading higher Tuesday as they look to be attempting to start an uptrend again. The stock is pushing up alongside many other popular stocks in Reddit’s WallStreetBets forum. The stock was also trending on social media earlier today....

The broad correction in high-growth software shares over the past quarter has presented opportunities to gain exposure to “category winners at attractive levels on a long-term basis,” according to BMO Capital Markets. The Software Analyst: Daniel Jester upgraded the rating for Workday...