Technology stock

Nykaa, IIMA Collaborate to Establish Research Chair in Consumer Technology; inventory slippage ~2%

Indian Institute of Management Ahmedabad (IIMA), one of the world’s leading management institutes, has signed an agreement with Nykaa to establish the “Nykaa Chair in Consumer Technology”. Professor Errol D’Souza, Director of IIMA, and Falguni Nayar, IIMA graduate and Founder and CEO of Nykaa, announced the news on the Institute’s campus. The Chair was established […]

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A $3.3 million bet on this tech title? 3 Stocks Insiders Buy – Ivanhoe Electric (AMEX:IE), Spok Holdings (NASDAQ:SPOK)

Although US stocks closed higher on Monday, there were a few notable insider trades. When insiders buy stocks, it indicates their confidence in the prospects of the company or that they view the stock as a bargain. Either way, this signals an opportunity to go long on the title. Insider buying should not be considered […]

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Aspen Technology Stock – Internet Software

Dilok Klaisataporn/iStock via Getty Images Today’s chart belongs to software company Aspen Technology (AZPN). I found the stock by first sorting Barchart’s best stocks to buy list by the percentage closest to its 52-week high, then using the Flipchart feature to review charts for consistent price appreciation. Since the Trend Spotter signaled a buy on […]

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Tesla, Dell and 1 Other Tech Stock Insiders Sell – Dropbox (NASDAQ:DBX), Dell Technologies (NYSE:DELL)

U.S. crude oil futures traded lower this morning Thursday. Investors, meanwhile, focused on some notable insider trades. When insiders sell shares, it indicates that they are concerned about the prospects of the company or that they consider the stock to be overvalued. Either way, this signals an opportunity to go short on the stock. Insider […]

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What’s Behind Seagate Technology Stock’s Outperformance Against Broader Markets Since 2017?

September 1, 2022 by The Trefis team Seagate Technology (NASDAQ: STX) the share price has increased by around 1.5x from $42 at the end of 2017 to around $64 currently, mainly due to the favorable evolution of its earnings per share and its P/ S. During this period, the company recorded only a 4% increase […]

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Avid Technology Stock: An Attractive Game with Strong Catalysts (NASDAQ: AVID)

mixer For the media and entertainment industries to thrive, there must be a variety of tools they can use to create, edit and manage the content they seek to convey to the masses. A company dedicated to providing some of this support is Greedy technology (NASDAQ: GREEDY). In recent years, the company’s turnover has been […]

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(CMPO), CommScope (COMM) – A $10.2 million bet on this tech stock? 3 stocks insiders buy

Although US stocks closed lower on Monday, there were a few notable insider trades. When insiders buy stocks, it indicates their confidence in the prospects of the company or that they view the stock as a bargain. Either way, this signals an opportunity to go long on the title. Insider buying should not be considered […]

Technology stock

Syrma SGS Technology share closes up 42% on trading day, market cap above Rs 5,500 cr

Shares of Syrma SGS Technology ended Friday at a premium of more than 42% on the first trade to the issue price of Rs 220. The shares closed up 19.48% from the price of Rs 262 opening on BSE today. Previously, the stock debuted at Rs 262, up 19.09% from the issue price. During the […]

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Is it too late to buy GigaCloud tech stock?

GigaCloud Technology (GCT -13.75%) has taken investors on a wild ride since its August 18 IPO. The Chinese e-commerce solutions company went public at $12.25, started trading at $19.20 and closed at $15.69 on day one. But the next day it shot up to $60 and closed at $48.01. These post-IPO gains were staggering. But […]

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This tech stock jumped 55% after the second quarter results; Here are 96 greatest movers of yesterday

© 2022 Benzinga.com. Benzinga does not provide investment advice. All rights reserved. Disclosure of announcements: Rate information is obtained by Bankrate from listed institutions. Bankrate cannot guarantee the accuracy or availability of the rates shown above. Institutions may have different rates on their own websites than those displayed on Bankrate.com. The listings that appear on […]

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BlackSky Technology stock rises after revenue forecast was raised on strong demand (NYSE:BKSY)

Ignatiev BlackSky technology (NYSE: BKSY) stock hit a 10-week high on Wednesday after the geospatial intelligence provider raised its revenue forecast for the fiscal year due to strong demand and large multi-year contracts. BKSY expects revenue of $62-66 million in 2022, up 88% YoY in mid-range, from consensus estimate of $63.75 million. His earlier forecast […]

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Here’s why Micron Technology stock fell 4% despite investment plans

Manufacturer of computer memory and data storage Micron Technology, Inc. (NASDAQ: MU) recently announced that it will invest $40 billion in the United States over the next decade to expand advanced memory manufacturing in phases. Despite the euphoria surrounding the upcoming investment, the company’s shares fell almost 4%. Indeed, the company expects to report lower […]

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Micron Technology Stock Tumbles on Lower Q4 Chip Sales Forecast

Updated 1:34 PM EST Micron Technology (MU) – Get the report from Micron Technology Inc. Shares fell on Tuesday after the chipmaker lowered its short-term revenue forecast amid what it described as “macroeconomic factors and supply chain constraints” that blunted global demand . Micron said its new chief financial officer, Mark Murphy, will speak at […]

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What’s behind Microchip Technology Stock’s triple rally since late 2017?

BRAZIL – 2021/12/14: In this photo illustration the Microchip Technology logo is displayed on a … [+] smartphone. (Photo Illustration by Rafael Henrique/SOPA Images/LightRocket via Getty Images) SOPA Images/LightRocket via Getty Images Microchip Technology Inc. (NASDAQ: MCHP) the stock price jumped about 3.2 times from $22 at the end of 2017 to over $70 currently, […]

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Is Spotify Technology Stock Recession Proof?

Many investors probably own shares of Spotify Technology (PLACE 3.85%) because they know his service. Streaming is gaining traction in the entertainment industry, so Spotify seems like a good bet. But with the stock price down 50% year-to-date, investors are likely wondering how resilient Spotify’s business might be in the face of an economic downturn. […]

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Amkor Technology stock gains 7% on second quarter earnings and record revenue

Amkor technology (NASDAQ: AMKR) shares gained after the company reported second-quarter earnings that beat Wall Street estimates. On Monday, the Arizona-based semiconductor packaging supplier reported record second-quarter revenue of $1.5 billion (+7.1% year-on-year) and earnings per share of 0, $51 (in line with prior year quarter), citing strength in the advanced packaging segment. Revenue increased […]

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Why New Eastern Education & Tech Stock Jumped This Week

What happened New Eastern Education and Technology (EDU 0.71%) shareholders beat a booming market this week. Shares of the Chinese education services specialist were up 17% through Friday afternoon, according to data provided by S&P Global Market Intelligence, compared with a 4% rise in the S&P500. That rally added to a meteoric rebound for the […]

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This 1 IT & Tech Stock Could Beat Earnings: Why It Should Be On Your Radar – July 29, 2022

Quarterly financial reports play a vital role on Wall Street, helping investors see how a company has performed and what might happen in the near term. And among all the parameters and results to consider, revenue is one of the most important. The profit figure itself is key, of course, but a beat or miss […]

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These 2 Huge Headwinds Are Aligning Tech Stock

Alignment technology (NASDAQ:ALGN) has achieved tremendous success in aligning the teeth of millions of people. But it’s a different story when it comes to the company’s ability to match Wall Street expectations. On Wednesday, Align released its second quarter results. Analysts were looking for second-quarter revenue of $984.2 million and adjusted earnings of $2.23 per […]

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Why This #1 IT & Tech Stock Could Be A Great Addition To Your Portfolio – July 27, 2022

At Zacks, we provide our members with many different opportunities to take full advantage of the stock market, as well as how to invest in a way that leads to long-term success. One of our most popular services, Zacks Premium offers daily Zacks Ranking and Zacks Industry Ranking updates; full access to the Zacks #1 […]

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Why Spotify Technology Stock Jumped on Wednesday

What happened Shares of Spotify Technology (PLACE -1.97%) were up 11.8% as of 1:20 p.m. ET Wednesday after the music streamer reported better-than-expected second-quarter results. Investors were pleased with the company’s growth in revenue and monthly active users, as well as its outlook for the current quarter. The stock is still down 49% year-to-date, but […]

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Is Seagate Technology stock a buy it now?

Share price Seagate Technology Holdings (NASDAQ: STX) fell 8% on July 22 after the hard drive maker released its fourth quarter results. Its revenue fell 13% year-over-year to $2.63 billion, significantly missing analysts’ estimates of $160 million. Its adjusted net income fell 24% to $355 million, or $1.59 per share, which also missed Wall Street […]

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Micron Technology stock slides after downgrade

The Bear Note came as a result of reduced production from Seagate Technology Micron Technology, Inc. (NASDAQ:MU) is down 2.6% at $62.02 at last check, after Morgan Stanley downgraded the “underweight” stock from “equal weight”. The bearish rating came on the heels of Seagate Technology’s (STX) missed fourth-quarter results and plans to cut production as […]

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Are Micron Technology Stock Earnings Stable Enough To Support Its Dividend (NASDAQ:MU)

nazarethman Micron Technology, Inc. (NASDAQ: MU) has been an attractive investment opportunity over the past few years, as it has benefited from a number of coinciding trends. From accelerating cloud computing and chip shortages to high memory demand for mobile devices and graphic products. However, even as the company’s memory and storage products rode the […]

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United Internet Technology Stock to Buy Zone

United Internet AG is a global Internet services company. Founded in 1988, based in Montabaur, Germany, and trading under the symbol $UTDI in Frankfurt, it is part of the TecDax index. United Internet initially comprises two units, Access and Applications. It notably owns the main Internet service providers in Germany as well as the main […]

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Credo Technology Stock rebounds

Data Infrastructure Networking Licensing and Solution Provider Credo Technology Stock (NASDAQ:CRDO) only slightly down (-3%) over the year. It’s worth noting that the fabless semiconductor company only recently went public in January 2022, but shares have held up due to its strong 90% revenue growth. As a provider of broadband connectivity solutions for the data […]

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Shares of Enjoy Technology soar 400% to become the latest bankrupt company to stage a massive rally

Take advantage of technology is the last company to file for Chapter 11 Bankruptcy and then watch its share price soar. The home retailer run by former Apple executive Ron Johnson went public via SPAC less than a year ago. Enjoy Technology stock has climbed 400% from its post-bankruptcy low as investors bet the stock […]

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Here’s why Micron Technology stock fell 25% in June

What happened Shares of Micron Technology (MU 1.13%) fell 25.1% in June, according to data provided by S&P Global Market Intelligence. The stock fell sharply earlier this month as investors and analysts are currently nervous about the semiconductor space. And towards the end of June, Micron announced financial results that sent the stock falling further. […]

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Is Micron Technology Stock a Buy After Earnings? Not even close (NASDAQ:MU)

vzphotos/iStock Editorial via Getty Images Investment thesis Micron Technology, Inc. (NASDAQ: MU) signaled its FQ3’22 gain card much to the market’s dismay, as the harsh realities of industry stockpiling and weaker demand finally hit home. We had previously warned of such potential headwinds in our may article that PC and Mobile could cause more problems […]

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Enjoy Technology stock explodes after bankruptcy filing

Yahoo Finance Live anchors discuss how Enjoy Technology shares are trading after the bankruptcy filing. Video transcript BRIAN SOZZI: And last but not least here– and that’s a name that I really pushed, Brad. I pushed to have it in this section. This is Enjoy Technologies. This is a ticker that has been hot, hot, […]

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This tech stock offers a 460% final dividend, 3-day ex-date: check details

Personal finance oi-Kuntala Sarkar | Updated: Wednesday, July 6, 2022, 11:17 AM [IST] MphasiS announced a final dividend of 460% on April 29, 2022. The company’s ex-dividend date is within three days, July 5, 2022. Share performance on NSE – MphasiS The current market price of MphasiS stood at Rs. 2,239.90 fell by 2.36% till […]

Technology stock

PAR Tech Stock: Still Expensive (NYSE: PAR)

AsiaVision/E+ via Getty Images Investment thesis PAR technology (NYSE: BY) has been one of the winners of the pandemic. Its stock rose from around $11 in March 2020 to over $88 in February 2021, which is an 800% increase in one year. However, the company got caught in the high-growth tech sector, and the stock […]

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Is Micron Technology Stock a buy it now?

Micron Technology (MU -2.95%) released its third-quarter earnings report on June 30. The memory chipmaker’s revenue rose 16% year-over-year to $8.64 billion, in line with analysts’ expectations. Its adjusted net income rose 35% to $2.94 billion, or $2.59 per share, which also beat consensus guidance by $0.15. Micron’s growth rates were steady, but its forecasts […]

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Why Micron Technology Stock Is Falling Today

What happened Shares of Micron Technology (MU -2.95%) were slipping this morning after the company released its third quarter results. The company beat analysts’ consensus earnings and revenue estimates for the quarter, but the company’s guidance for the coming quarter disappointed investors. As a result, the tech stock was down 5% at 12:20 p.m. ET. […]

Technology stock

Horizon Technology Stock: Put That 10.4% Yield on Your Radar (NASDAQ:HRZN)

porcorex/iStock via Getty Images It’s true that high yield investing has gotten pretty easy in recent weeks, with even some blue chip names like Altria (MO) posting a yield of nearly 9%. It’s easy to get jaded, though, because you can accept that it’s the new standard, particularly given the current inflationary environment. If history […]

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GSI Technology Stock: Reflexivity of Legacy Business Limits

jiefeng jiang/iStock via Getty Images Posted on the Value Lab 6/29/22 GSI technology (NASDAQ: GSIT) is one of many stocks still dependent on capital markets that has suffered as stock reflexivity has hurt the fundamental outlook for shareholders. The company is a long way from becoming cash positive again with its new APU business dominating […]

Technology stock

Micron Technology stock before earnings: buy or sell?

Micron Technology (MU -0.34%) has been battered in the stock market in 2022, with the chipmaker’s stock prices down 37% so far despite a string of impressive quarterly results and its meteoric growth. Investors, however, are hoping for a turnaround from the memory specialist when it releases its third-quarter fiscal 2022 earnings report on Thursday, […]

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Is Micron Technology stock a buy ahead of upcoming earnings? (NASDAQ:MU)

RUNSTUDIO/DigitalVision via Getty Images One of the challenges of analyzing the memory market is that we get data and guidance every three months, and the period in between is largely devoid of financial news. micron (NASDAQ: MU), with its fiscal quarter differing by one month from its counterpart’s calendar quarter, provides an additional set of […]

Technology stock

Amkor Tech Stock: The Pros Outweigh the Cons (NASDAQ:AMKR)

kynny/iStock via Getty Images Amkor technology (NASDAQ: AMKR) continues to post strong quarterly numbers and still trades at some of the lowest multiples for a tech stock, but June was a month to forget. AMKR was already in a hole, however Year-to-date losses increased significantly in June. Additionally, the charts suggest the door has been […]

Technology stock

What’s behind Microchip Technology Stock’s outstanding outperformance since 2018?

BRAZIL – 2021/12/14: In this photo illustration the Microchip Technology logo is seen on a … [+] smartphone. (Photo Illustration by Rafael Henrique/SOPA Images/LightRocket via Getty Images) SOPA Images/LightRocket via Getty Images Microchip Technology Inc. (NASDAQ: MCHP) The stock price jumped about 3.3 times from $18 at the end of 2018 to almost $60 currently, […]

Technology stock

Why Micron Technology’s stock fell this week

What happened Since the start of the week, the shares of Micron Technology (NASDAQ:MU) were down 13.7% as of 10:34 a.m. ET on Friday, according to data provided by S&P Global Market Intelligence. The decline in the stock price was due to the market selling off this week after the Federal Reserve raised the federal […]

Technology stock

BlackSky Technology Stock Alert – GuruFocus.com

NEW YORK, May 16, 2022 (GLOBE NEWSWIRE) — Kehoe Law Firm, PC is investigating whether certain officers or directors of Osprey Technology Acquisition Corp. (“Osprey”), now known as BlackSky Technology Inc. (“BlackSky”) (:BKSY)breached their fiduciary duties of disclosure, candor and duty of good faith, and whether Osprey shareholders suffered damages as a result. BLACKSKY STOCK […]

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Koolearn tech stock rises as live stream goes viral

By Clarence Leong Chinese company Koolearn Technology Holding Ltd. continued its recent surge and rose as much as 51% on Thursday as investors crowded into live e-commerce. Shares of the Beijing-based company rose 51% to HK$25.00 in early trading, more than quadrupling from Friday’s closing price of HK$6.23. Shares of its parent, New Oriental Education […]

Technology stock

Micron Technology stock plummets after being downgraded again

Text size Micron was downgraded earlier this month by Piper Sandler. The time of dreams Micron Technology’s stock slipped on Monday after the memory chip supplier secured its second downgrade in less than two weeks, despite being one of the cheapest stocks in the market. Summit Insights analyst Kinngai Chan downgraded his rating to Hold […]

Technology stock

Why This 1 IT & Tech Stock Could Be A Great Addition To Your Portfolio

HAt Zacks, we provide our members with many different opportunities to take full advantage of the stock market, as well as how to invest in a way that leads to long-term success. One of our most popular services, Zacks Premium offers daily Zacks Ranking and Zacks Industry Ranking updates; full access to the Zacks #1 […]

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MRVL gains 4.8% in pre-market after beating profits

Marvell Technology reported adjusted EPS of $0.52 on revenue of $1.45 billion. MRVL’s stock is down more than 36% year-to-date. Marvell beat consensus EPS by 1 cent and revenue by $20 million. Marvell Technology (MRVL) stock was up nearly 5% in premarket Friday after reporting first-quarter results on Thursday evening which beat expectations but offered […]

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Is Verb Technology Stock a Buy Under $1?

Verb Technology Company, Inc. (VERB) in Newport Beach, California, develops Software-as-a-Service application platforms globally. The company recently announced its partnership with Momentum Factor to provide direct selling businesses with the first-of-its-kind social compliance solution. The stock is down 23.8% in the past month and 76.8% in the past nine months to close yesterday’s trading session […]

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Despite stagnant revenue growth, how has Seagate Technology stock outperformed the S&P since 2018?

May 11, 2022 by The Trefis team Seagate Technology (NASDAQ: STX) the share price has more than doubled from $39 at the end of 2018 to over $80 currently, mainly due to the favorable development of its P/S multiple. During this period, the company saw only an 8% increase in revenue, but a substantial drop […]

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Why International Game Technology stock jumped 12.5% ​​on Tuesday

What happened Gaming Industry Supplier Shares International game technology (NYSE:IGT) jumped as much as 12.5% ​​in trading on Tuesday after the company reported earnings. Shares closed the day up 10%. So what Revenue rose 4% in the quarter to $1.05 billion and operating profit fell 3% to $252 million. But the company remained positive with […]

Technology stock

WM Technology Stock: Back on track (NASDAQ:MAPS)

Ivan Balvan/iStock via Getty Images While many SPACs have fallen short of their financial targets, the market continues to overlook companies with high growth potential such as WM technology (NASDAQ: MAPS). The technology provider and the cannabis market have not has always met its financial goals, but the owner of Weedmaps continues to grow at […]

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Falling tech stocks have venture capital executives from Silicon Valley to Australia worried

“It’s tough,” Dibner said. “But it hasn’t seemed difficult to me for a long time.” This wave of concern has now reached Australia, where venture capital funds have been on a historic spending spree. They injected a record $3.6 billion into Australian start-ups in the March 2022 quarter, according to Cut Through Venture. Total investment […]

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Avid Technology Stock: Sell After Earnings Unwarranted (NASDAQ: AVID)

wundervisuals/E+ via Getty Images Investment thesis Greedy (NASDAQ: GREEDY) is a United States-based company that provides audio and video technology from editing software and compositing hardware. In 2018, the company began changing its pricing model from a perpetual to a subscription-based model. model ((SaaS)). This resulted in huge success which significantly increased its gross margin […]

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Why WM Tech Stock Is Falling Today

What happened Shares of WM technology (MAPS -7.99%)a provider of software infrastructure to the cannabis industry, slipped today after the company reported a much larger profit loss than Wall Street expected. The tech stock had fallen 13% today and was still down 7.5% as of 2:10 p.m. ET. So what WM announced a loss of […]

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Singularity Future Technology Stock Slumps on Short Hindenburg Report By Investing.com

© Reuters. ‘Obvious total scam’: Singularity Future Technology (SGLY) shares tumble on Hindenburg’s succinct report Shares of Singularity Future Technology Ltd (NASDAQ:) are down nearly 30% today after the company was the subject of a new brief report from Hindenburg Research. The focus of the report is Singularity CEO Yang Jie, who allegedly ran a […]

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Cognizant Technology stock hits near 7-month low on tight forecasts

Blue Planet Studio/iStock via Getty Images Cognitive technology (NASDAQ: CTSH) the stock slipped to a nearly 7-month low on Thursday after the IT company lowered its forecast in its First Quarter Earnings Report. The CTSH expects 2022 adj. EPS of $4.45-$4.55 vs. previous outlook of $4.46-$4.60. The consensus estimate is $4.56. 2022 revenue is expected […]

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Why Avid Technology Stock Crashed Today

What happened Shares of Greedy Technology (greedy 0.87%) were trading down 20.6% at 2:36 p.m. ET Thursday after the company reported first-quarter results that were at the lower end of management’s previous guidance. At this point in the session, the Nasdaq fell 5.4%, mainly due to macroeconomic concerns. So what Overall, Avid Technology continues to […]

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Align Technology supplies on $200 million buyout

Align Technology (NSDQ:ALGN) today announced that it has entered into a new accelerated share buyback agreement worth up to $200 million. Align, based in Tempe, Ariz., may repurchase $200 million in common stock under the $1 billion share buyback program announced in May last year. CEO Joe Hogan also intends to buy $2 million worth […]

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Real estate tech stock price targets slashed ahead of earnings as home affordability deteriorates

Wall Street was more cautious on real estate tech stocks on Monday, ahead of earnings reports later this week, as some analysts cut price targets to reflect worries about housing affordability amid rising interest rates. Opendoor Technologies Inc. OPEN, +0.47%, Zillow Group Inc. Z, +2.47% ZG, +2.26% and Redfin Corp. RDFN, +1.33% all release their […]

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Why Align Technology Stock Dropped 25% This Week

What happened Alignment technology (NASDAQ:ALGN) has seen its shares fall 25% this week, according to data from S&P Global Market Intelligence. The stock is down more than 53% so far this year; it had a 52-week high of $737.45 and a low of $270.37. It closed at $360.57 last Friday and hit a weekly low […]

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Micron Technology Stock: Absolute Buy at Current Market Levels

Aguus/E+ via Getty Images Thesis Micron technology (NASDAQ: MU) is my number one recommendation for now. The stock is down around 32% from the highs seen in January and is probably one of the most undervalued stocks in the broader market. Low lineup growth has been impressive, demand for DRAM and NAND is strong, and […]

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Why Align Tech Stock Today

What happened Shares of Alignment technology (ALGN 3.54%) were down 17% as of 2:36 p.m. ET Thursday. The sharp decline came after orthodontic aligner maker Invisalign announced its first-quarter results after the market closed on Wednesday. Align reported first-quarter revenue of $973.2 million, up 8.8% year-over-year. The company posted adjusted earnings of $168.7 million, or […]

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Where will Micron Technology’s stock be in 5 years? (NASDAQ:MU)

SweetBunFactory/iStock via Getty Images micron (NASDAQ: MU) is a semiconductor stock that hasn’t kept up with the rest of the pack. While other names like Nvidia (NVDA) or AMD (AMD) have returned multiples of their stock prices during the Over the past few years, MU finds itself barely higher than it was four years ago. […]

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Industrial Technology Stock News: GTCH, HNRC, CYBL, MWXRF

There are a number of sectors that can often go unnoticed amid the rush of investors seeking opportunities in popular sectors. One of the sectors that fall into this category right now is the industrial technology sector. There are a number of companies doing commendable work in the industry and now might be the time […]

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US stock Battery Technology: the market valuation seems unjustified

Zocha_K/E+ via Getty Images Investment thesis It’s been almost four months since I last covered the lithium-ion battery recycling business American Battery Technology Company (OTCQB:ABML) and I think now is a good time to take another look at the business. given that its market valuation has doubled since the end of February. Construction of ABML’s […]

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Why Micron Technology shares fell more than 2% today

What happened Memory chip maker shares Micron Technology (MU -2.19% ) fell 2.2% today. In fact, the stock is down about 10% since Micron announced its earnings on the evening of March 29. This was a strong quarterly update, which exceeded expectations and showed Micron’s momentum continuing throughout this year as the world continues to […]

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Micron Technology stock remains a buy despite global chip shortage

Memory chips are an important part of semiconductor manufacturing. They are a commodity, meaning prices are highly dependent on supply and demand, but also an indicator of the direction of the semiconductor industry as a whole, as they are used in the construction of more complex computer systems. Micron Technology (MU -1.60% ) is one […]

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Marvell Technology Stock: Buy the Drop (NASDAQ:MRVL)

gorodenkoff/iStock via Getty Images Marvell technology (NASDAQ:MRVL) is a semiconductor device manufacturer with a broad portfolio. From around 2007 to early 2020, the stock price tended to hover below $20 per share, reflecting difficulties competing with companies like Qualcomm (QCOM). In 2020, the stock price took off, peaking at $93.85 on December 8, 2021. Since […]

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PAR Tech Stock: Future Growth Potential (NYSE:PAR)

ake1150sb/iStock via Getty Images Thesis PAR technology (NYSE: BY) serves in the software and hardware solutions business for restaurants, while maintaining a somewhat independent government segment, providing technology solutions to defense and intelligence institutions. Integrating more recurring revenue into its overall sales mix, PAR shows strong growth prospects, mainly in the catering segment. In this […]

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This Top Computer and Technology Stock is a #1 (Strong Buy): Why It Should Be on Your Radar

OWhether you’re a growth, value, income or momentum investor, building a successful investment portfolio takes skill, research and a bit of luck. How do you find the right combination of stocks that will generate returns that could fund your retirement, your children’s school fees, or your short- and long-term savings goals? Enter the Zacks rank. […]

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Why has Seagate Technology’s inventory doubled since 2018 despite only 7% sales growth?

Seagate Technology (NASDAQ: STX) The stock price has gained 137% from around $38 at the end of 2018 to over $90 currently, mainly due to the favorable development of its P/S multiple. However, the company only saw a 7% increase in revenue during this period, but earnings per share rose, helped by a 23% drop […]

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Why RLX Tech Stock Is Soaring Today

What happened Shares of RLX Technology (RLX -2.37% ) are booming in today’s commerce. Shares of the Chinese e-cigarette company were up about 27.9% at 1:30 p.m. ET Tuesday. After a day of brutal selling yesterday, RLX is enjoying some rebound momentum. Chinese stocks were hit by their worst daily decline since 2008 on Monday, […]

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Why Evolv Technology Stock Plunged 45.8% on Tuesday

What happened Shares of Evolution Technology (EVLV 6.35% ) plunged as much as 45.8% in trading on Tuesday after the security firm released its fourth-quarter financial results. Shares closed the day down 43.1%. So what Total revenue for the fourth quarter of 2021 was $6.8 million, up 236% year-over-year, and orders booked jumped 201% to […]

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PAX Global Technology Stock: Still Very Under Cloud (OTCMKTS: PXGYF)

ljubaphoto/E+ via Getty Images The ongoing slump at PAX Global Technology (OTCPK:PXGYF) recall a semi-famous quote (often misattributed to Mark Twain or Winston Churchill) that “a lie can travel halfway around the world while the truth puts on its boots”. Reports of a serious security breach of corporate endpoints, including their use in cyberattacks, and […]

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Why RLX Tech Stock Was Plunging Today

What happened Shares of RLX Technology (RLX -36.33% ) fell sharply today after the Chinese vaping company released its fourth quarter results this morning. Ongoing tensions around vaping regulations in China and broader fears over Chinese equities appeared to be the main reasons for the selloff today. As of 1:25 p.m. ET, the stock was […]

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CDT environmental technology stock: IPO in the United States for a rural approach (pending: CDTG)

DSCimage/iStock via Getty Images A quick overview of CDT Environmental Technology Investment Holdings CDT Environmental Technology Investment Holdings Limited (CDTG) has applied to raise $12.28 million in an IPO of its common stock, according to an F-1/A registration statement. The company designs, sells, installs and services wastewater treatment systems in China. CDTG is a small […]

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AMD vs. Micron Technology Stock: Which is the Best Buy?

Sergei Pivovarov/iStock via Getty Images Semiconductor companies Advanced Micro Devices, Inc. (AMD) and Micron Technology, Inc. (NASDAQ: MU) are two of the most popular stocks on Seeking Alpha with almost 700,000 subscribers between them. There are also a significant number of articles written about them and the table below shows how SA authors rank each […]

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Why international gaming tech stocks fell 16.8% on Tuesday

What happened Gaming Industry Supplier Shares international game Technology (NYSE:IGT) fell 16.8% in trading on Tuesday after the company released its fourth quarter 2021 financial results. Shares ended the day down 13.8%. So what Revenue for the quarter rose 19% to $1.05 billion as the gaming industry generally recovered from the pandemic. The company went […]

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Buy this tech stock for a 23% return in 1 year: Emkay Global suggests

Target price The current market price (CMP) of Mphasis is Rs. 2952. Emkay Global has estimated a target price for the stock at Rs. 3650. The stock is expected to offer a 23.6% upside in 1 year. Stock market outlook Current market price (CMP) 2952 Target price Rs.3650 1 year back 23.60% Business performance The […]

Technology stock

International Game Technology Stock: First Share Repurchase (NYSE:IGT)

This article was written by To follow Unique stock ideas taken from fund letters published by Seeking Alpha. Additional disclosure: Additional Information: The use of the MSCI ACWI in this document has not been chosen to represent an appropriate benchmark against which to compare the performance of an investor in the Mittleman Global Value Equity […]

Technology stock

Why Did WM Tech Stock Rise Today

What happened Shares of WM technology ( PLANS 27.56% ) were up 25% as of 2:53 p.m. ET Thursday after posting strong growth in the fourth quarter. Revenue accelerated to 22% growth over the prior year quarter. Excluding certain retailers in Canada who failed to provide valid license information and were removed from the Weedmaps […]

Technology stock

Align technology stock: strong across the board; Valuation remains somewhat worrying (ALGN)

Edwin Tan/E+ via Getty Images Thesis Align Technology, Inc. (ALGN) is a global manufacturer of innovative dental devices with a strong track record of growth and financial performance. As the dental care industry is expected to grow and become more supportive of technologically advanced products, the company is expected to increase its market share and […]

Technology stock

Top 5 FTSE dividend-paying tech stocks for 2022

Investing in stocks has become an important strategy to secure a better future in today’s world and investing in tech stocks has become a favorite among investors with high visibility on growth prospects. Right now, tech stocks in the growth sector are in a consolidation phase, with the inflation rate unexpectedly jumping to a record […]

Technology stock

Why Micron Technology Stock Is Rising Today

What happened Shares of Micron Technology (NASDAQ:MU) rose in early trading on Thursday, rising as high as 7.4% in early trading before settling into a 5% gain at the time of this writing. Keep in mind that this price surge came after yesterday’s big gain, as well as the tech sector’s comeback from its January […]

Technology stock

Should you add DXC tech stocks to your portfolio in 2022?

DXC technology (DXC) helps multinational organizations run critical systems and operations while modernizing IT, optimizing data structures, and ensuring security and scalability across public, private, and hybrid clouds. The stock of the Concern based in Mc Lean, Virginia gained 15.9% in price over the past month. However, the company reported weak financials in the last […]

Technology stock

Why Quotient Tech Stock Crashed Today

What happened Shares of Quotient Technology (NYSE: QUOT) lost a lot of ground on Thursday morning, trading down 11% at 11:30 a.m. ET, against a 0.1% drop in the S&P500. The fall followed the marketer’s fourth quarter earnings release. So what Investors were disappointed with the latest reports from Quotient Technology, which offers consumer packaged […]

Technology stock

KULR Tech Stock: Rapid Revenue Growth, Still Bullish (NASDAQ: KULR)

MF3d/E+ via Getty Images introduction In 2021, I wrote over 30 bearish SA articles on OTC companies and only two bullish ones. I was bullish on Byrna Technologies (NASDAQ:BYRN) and KULR Technology Group (NASDAQ:KULR). Unfortunately, the stock prices of both haven’t fared well since their Nasdaq move and that could be due to sentiment, bad […]

Technology stock

This tech stock is down 44% from its highs. Is it time to hook it up to your wallet?

Not too long ago, the phrase “I’m going to work from home tomorrow” often drew an eye roll or an exasperated sigh from bosses. Remote work, it was feared, was nothing more than an unofficial vacation day. Then COVID arrived. A survey by Owl Labs found nearly 70% of full-time employees were working remotely during […]

Technology stock

Bank of America lowers its price target

Spotify shares tumble nearly 4% on Tuesday as spitting Joe Rogan remains in the headlines. SPOT stock has been down since last week’s earnings. Bank of America is now adding to the woes by reducing the price target to $262. Shares of Spotify (SPOT) remain under pressure with another big drop on Tuesday. The stock […]

Technology stock

SPOT, Joe Rogan spat rumbles

Spotify shares ended Monday down 1.67%. Argument over Joe Rogan podcast rumbles as Spotify CEO speaks out. SPOT’s CEO says silencing Joe isn’t the answer. Spotify (SPOT) shares have been booming (see what I did there) all over the place lately, as tech and growth names take a hit and investor enthusiasm for the sector […]

Technology stock

What technology value will attract investors?

Recent earnings in the technology sector have given us some surprises, but the general theme of a difficult operating environment has been a constant. However, among social media stocks, while FB lagged due to weaker-than-expected fourth-quarter results, Snap (BREAK) and Pinterest (PINS) bucked this trend. Meanwhile, tech giant Alphabet (GOOGL) delivered fourth-quarter numbers that beat […]

Technology stock

Why Spotify Technology Stock Dropped 18.9% Today

What happened Music streaming and podcast company shares Spotify Technology (NYSE: SPOT) fell 18.9% in early trading Thursday after reporting fourth quarter results. Shares were down 15.9% at 11:50 a.m. ET today and rebounding near a 52-week low. So what Spotify saw a 24% increase in revenue in the quarter to $2.7 billion, as the […]

Technology stock

New to investing? This IT and Tech Stock 1 Could Be the Perfect Starting Point

HAt Zacks, we provide our members with many different opportunities to take full advantage of the stock market, as well as how to invest in a way that leads to long-term success. The Zacks Premium Service, which provides daily Zacks Ranking and Zacks Industry Ranking updates; full access to the Zacks #1 ranking list; Equity […]

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Marvell Technology Stock: Thoughts on Insider Selling (NASDAQ: MRVL)

FroggyFrogg/iStock via Getty Images People are supposed to be afraid of the unknown, but ignorance is bliss when knowledge is so scary. ”― Laurell K. Hamilton In this article we play Marvell Technology (MRVL) as we begin the new month of February. January was tough for technology companies and most of the market. The NASDAQ […]

Technology stock

This 1 IT & Tech Stock Could Beat Earnings: Why It Should Be On Your Radar

JTwo factors often determine stock prices over the long term: earnings and interest rates. Investors can’t control the latter, but they can focus on a company’s results each quarter. The profit figure itself is key, of course, but a beat or miss on the bottom line can sometimes be just as important, if not more […]

Technology stock

Why Spotify Technology Stock Jumped 13.5% on Monday

What happened Shares of the music and podcast streaming company Spotify Technology (NYSE: SPOT) jumped as high as 13.6% on Monday as growth stocks rallied well across the board. Shares closed with a 13.5% gain, near their high for the day. So what The biggest news for Spotify today is the company’s handling of the […]

Technology stock

Align Technology Stock Soars on Bullish Analyst Coverage

Morgan Stanley launched ALGN coverage with an “overweight” rating Align Technology, Inc. (NASDAQ:ALGN) is up, up 4.1% to trade at $482.93 at last check, after Morgan Stanley launched coverage of the stock with an “overweight” rating, citing the recovery of the dental market from the disruptions pandemic. Additionally, ALGN received an upgrade from UBS to […]

Technology stock

Motilal Oswal Recommends Buying This Tech Stock For A 29% Yield

Target price The current market price (CMP) of Mphasis is Rs. 3025. Motilal Oswal has estimated a target price for the stock at Rs. 3900. The company is expected to offer a 29% upside in 1 year. Stock market outlook Current market price (CMP) Rs. 3025 Target price Rs.3900 1 year back 29.00% Business Performance […]

Technology stock

IBM, MSFT and Intel forecasts rise despite falling tech stock prices

Tech companies began reporting quarterly results this week, signaling continued IT spending. Despite the steep decline in technology stock prices in January, IBM, Microsoft and Intel are reporting continued growth in IT spending. All three companies reported that revenue and earnings for their most recent fiscal quarters exceeded expectations. More importantly, they issued an encouraging […]

Technology stock

Immersion: A High-Risk Haptic Tech Stock (NASDAQ: IMMR)

Passionate photographer. Travel the world to capture moments and beautiful photos. User Sony Alpha/iStock editorial via Getty Images Investment thesis Immersion society (NASDAQ: IMMR) (also IMMR from now on) splits people in half. According to some investors, they strongly believe in its strong future or are very skeptical due to its many problems and mismanagement. […]

Technology stock

Micron Technology Stock Forecast: What to Watch for in 2022 (NASDAQ:MU)

Various photographs/iStock Editorial via Getty Images Thesis article Micron Technology, Inc. (NASDAQ:MU) has seen its shares rise rapidly over the past two months thanks to a recovery from an unwarranted decline in the share price last fall. With macro tailwinds, Micron is gaining strength in areas such as data centers, and with strong cash flow […]

Technology stock

Here’s what makes Microchip Technology Stock a solid semiconductor game

OI think that Microchip Technology Inc. (NASDAQ: MCHP) is currently a better bet of semiconductor technology compared to Texas Instruments Incorporated (NASDAQ: TXN). MCHP shares trade at 8.1x trailing earnings, lower than TXN, whose P/S multiple is 10x. Does this gap in company valuations make sense? We don’t think so and expect Microchip Technology to […]

Technology stock

SkyWater Technology Stock: Far From Reaching the Sky (NASDAQ:SKYT)

kynny/iStock via Getty Images SkyWater Technology (SKYT) piqued my interest when it became public in April last year. This semiconductor game was interestingly positioned as the industry was facing chip shortages while its “American” status brought some interesting advantages on that front as well. Besides these great benefits, the shares are down 30% since the […]

Technology stock

Here’s What Makes Microchip Technology Stock a Strong Semiconductor Play – Trefis

We think that Microchip Technology Inc. (NASDAQ: MCHP) is currently a better bet of semiconductor technology compared to Texas Instruments Incorporated (NASDAQ: TXN). MCHP shares trade at 8.1x trailing earnings, lower than TXN, whose P/S multiple is 10x. Does this gap in corporate valuations make sense? We don’t think so and expect Microchip Technology to […]

Technology stock

WM Technology Stock: Extremely Cheap, Still Years of Growth Ahead

Mario Tama/Getty ImagesNews Investment thesis WM Technology (MAPS), the company behind Weedmaps, has been dominated by negative headlines in recent months, resulting in a very negative momentum that continues to this day. I would like to explain why this is an overall overreaction and why, in my opinion, there is now a great buying opportunity. […]

Technology stock

Here’s More Evidence That Micron Tech Stock Could Fly Higher in 2022

While Micron Technologyit is (NASDAQ:MU) Q1 FY2022 results released on December 20, 2021 indicate the memory market will remain healthy, some market watchers believe this may not remain the case as 2022 progresses. Micron smashed estimates as its revenue and profit rose, while a promising memory market outlook helped it deliver impressive guidance. Still, there […]

Technology stock

Read This Before Buying Seagate Technology Stock

We think that Edwards Lifesciences (NYSE:EW) is currently a better choice compared to Seagate Technology (NASDAQ: STX). The two companies have similar net earnings of around $1.5 billion, but Seagate’s current P/S multiple is 2x, while EW’s is nearly 15x. Do these valuations make sense? We think so, and we believe that this gap can […]

Technology stock

Why the price jumped today

The share price of Integrated Media Technology Ltd (NASDAQ: IMTE) rose more than 30% in intraday trading today. That’s why it happened. The share price of Integrated Media Technology Ltd (NASDAQ: IMTE) rose more than 30% in intraday trading today. Investors Respond Positively to Integrated Media Technology Announcing the Signing of an Assignment and Assumption […]

Technology stock

Here’s 1 Big Reason to Buy Micron Technology Stock Immediately

Micron Technologyit is (MU 1.44%) The stock price jumped after the company released its fiscal 2022 first quarter results on Dec. 20, showing its revenue, earnings and guidance beat Wall Street expectations. Micron’s revenue jumped 33% year-over-year in the first quarter to $7.69 billion, while its earnings climbed to $2.16 a share from $0.78 a […]

Technology stock

Thai Tech Company Jumped Nearly 7,000% After Switching to Bitcoin Mining, Despite Only Making 8 Coins So Far | Currency News | Financial and business news

Bitcoin Westend61 Thai company Jasmine Technology Solution announced an expansion in bitcoin mining in July. The company has grown nearly 7,000% year-to-date, the largest among global technology companies with a market value of at least $2 billion. Chairman Soraj Asavaprapha said the company will invest $98 million in more mining machinery next year. Sign up […]