Technology

Wedbush’s Top Picks in the Observability Tech Field

Posted: September 20, 2019 at 12:05 pm

The term “observability” is being used to describe next-generation approaches to observing and troubleshooting complex distributed systems with high cardinality of its various entities and a high potential for “unknown-unknowns” ...
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Analyst Sees Big Upside in Nuance Communications After the Spin-Off

Posted: September 20, 2019 at 11:20 am

Nuance Communications Inc. (NASDAQ: NUAN) is planning to spin off its auto business into a new public company, Cerence, which will begin trading on October 1. Ahead of this spin-off, ...
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Why This Analyst Is Still on the Sidelines About Oracle

Posted: September 20, 2019 at 10:15 am

Oracle Corp. (NYSE: ORCL) kicked off its analyst meeting by reiterating its expectation to accelerate revenues in the 2020 fiscal year and even more in the following year. The main ...
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You’re Most Likely to Get Caught on Camera in This American City

Posted: September 19, 2019 at 2:35 pm

Welcome to Atlanta, Georgia. If you’re strolling along Peachtree Street, enjoying the zoo or the botanical garden, catching a Braves game at SunTrust Park, visiting CNN Center or the World ...
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Ping Identity: Another Red-Hot IPO

Posted: September 19, 2019 at 1:25 pm

Ping Identity Holding Corp. (NYSE: PING) was another IPO that had an incredible Thursday. Shares entered the market at $18.75, well above the $15 pricing. The company originally announced that ...
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Datadog Enters the Market With a Bang

Posted: September 19, 2019 at 12:35 pm

Datadog Inc. (NASDAQ: DDOG) entered the markets with a bang on Thursday. Shares went out at $40.35, after pricing at $27 per share, above the expected price range. The company ...
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Why China Could Bring the Upside Surprise for Apple and the iPhone 11

Posted: September 18, 2019 at 1:25 pm

Apple Inc. (NASDAQ: AAPL) is on the verge of releasing its newest generation of iPhone, the iPhone 11 and iPhone 11 Pro. While the United States is a huge market ...
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CDW Set to Break Into the S&P 500

Posted: September 18, 2019 at 10:40 am

CDW Corp. (NASDAQ: CDW) shares jumped on Wednesday after the firm announced that it would be joining the S&P 500. The stock will take the place of Total System Services ...
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Why Adobe’s Record Quarter Wasn’t Enough for Investors

Posted: September 17, 2019 at 4:28 pm

Adobe Inc. (NASDAQ: ADBE) released its fiscal third-quarter earnings report after the markets closed on Tuesday. The firm posted $2.05 in earnings per share (EPS) and $2.83 billion in revenue, ...
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What to Expect When Adobe Reports After the Close

Posted: September 17, 2019 at 11:35 am

Adobe Inc. (NASDAQ: ADBE) is scheduled to release its fiscal third-quarter financial results after the markets close on Tuesday. The consensus estimates are calling for $1.97 in earning per share ...
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Are Investors Overreacting to Corning’s Business Update?

Posted: September 17, 2019 at 10:40 am

Corning Inc. (NYSE: GLW) shares dipped on Tuesday after the firm provided an early update on its third-quarter performance. Unfortunately, the firm is reducing expectations for two of its business ...
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Datadog Lifts the Expected Price Range for IPO

Posted: September 17, 2019 at 10:10 am

Datadog has registered an amended S-1 form with the U.S. Securities and Exchange Commission (SEC) regarding its initial public offering (IPO). The company now expects to price its 24.0 million ...
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Apple Becomes Best-Performing Dow Stock of 2019

Posted: September 14, 2019 at 9:10 am

Apple Inc. (NASDAQ: AAPL), which struggled with investors earlier this year, posted an impressive share price increase after it launched the new iPhone 11 and Apple TV+. The rally last ...
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CloudFlare Enters the Market With a Bang

Posted: September 13, 2019 at 12:15 pm

CloudFlare Inc. (NYSE: NET) entered the market with a bang on Friday. Shares went out at $19.53, well above the announced $15 per share. This ultimately was above where the ...
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Why Analysts Are Sidelined on Oracle After Earnings

Posted: September 13, 2019 at 10:50 am

Oracle Corp. (NYSE: ORCL) released fiscal first-quarter financial results after markets closed Wednesday. Overall the report was not received well, not necessarily for the results but CEO Mark Hurd is ...
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