Why did US tech stocks suddenly collapse?
Goldman Sachs believes that although the revenue of tech giants such as Nvidia is growing rapidly, the cost of investing in AI is huge, causing the market to worry about the profitability and reasonable valuation of technology stocks. The fatigue of software stocks since this year may also reflect investors' concerns about AI.
Netflix Co-Founder Says You Don't Need MBA Or Investors To Start A Business: 'Search For Pain... And Fall In Love With Trying To Solve Problems'
Netflix Inc. co-founder Marc Randolph on Friday shared his unique perspective on the key ingredients for business success.What Happened: Randolph took to X, formerly Twitter, and in a series of posts
S&P 500 Marks a Loss for Holiday-shortened Week, but Finishes May With a Win
Netflix Posts On X "Unfortunately Jake Paul And Mike Tyson Will Not Face-Off On July 20 As Planned. Tyson's Recent Ulcer Flare Up Has Limited His Ability To Train Fully For The Next Few Weeks. The Fight Will Be Rescheduled For A Date Later This Year"
Netflix Posts On X "Unfortunately Jake Paul And Mike Tyson Will Not Face-Off On July 20 As Planned. Tyson's Recent Ulcer Flare Up Has Limited His Ability To Train Fully For The Next Few Weeks. The Fig
Wall Street Snaps Five-Week Winning Streak, Economic Growth Slows, Inflation Holds Steady In April: This Week In The Market
The U.S. stock market ended a five-week positive streak as investors feared that slowing economic momentum could impact the earnings outlook for American corporations.The U.S. economy grew at an annua
Atlassian Shares Are Trading Lower Amid Weakness in Some Software and IT Stocks, Possibly Following Recent Weak Guidance From Salesforce.
Atlassian Shares Are Trading Lower Amid Weakness in Some Software and IT Stocks, Possibly Following Recent Weak Guidance From Salesforce.
Buying The Dip In Salesforce? Redditors Warn Against Catching The Falling Knife, Give 5 Reasons It Might Be 'Dead Money'
Salesforce Inc (NYSE:CRM) stock witnessed a 20% stock plunge following a messy quarter with disappointing revenue and weaker guidance.Reddit user GAMorgan- at r/stocks questioned whether the current d
Scotiabank Maintains Sector Outperform on Zscaler, Lowers Price Target to $210
Scotiabank analyst Patrick Colville maintains Zscaler (NASDAQ:ZS) with a Sector Outperform and lowers the price target from $250 to $210.
Macquarie Maintains Outperform on Salesforce, Lowers Price Target to $275
Macquarie analyst Frederick Havemeyer maintains Salesforce (NYSE:CRM) with a Outperform and lowers the price target from $330 to $275.
Salesforce Analyst Ratings
Date Upside/Downside Analyst Firm Price Target Change Rating Change Previous / Current Rating 05/31/2024 20.24% Macquarie $330 → $275 Maintains Outperform 05/30/2024 13.69% Citigroup $323 → $260 Maint
Salesforce Shares Are Trading Higher as the Stock Rebounds Following Its Recent Drop.
Salesforce Shares Are Trading Higher as the Stock Rebounds Following Its Recent Drop.
A Closer Look at Paycom Software's Options Market Dynamics
Investors with significant funds have taken a bullish position in Paycom Software (NYSE:PAYC), a development that retail traders should be aware of.This was brought to our attention today through our
Tech Stocks Crumble As Wall Street's 5-Week Rally Ends; Bonds Offer Safe Haven As Growth Worries Reemerge: What's Driving Markets Friday?
Bears knocked on Wall Street's door again Friday, sending large-cap tech stocks lower despite the Fed's favorite inflation measure meeting expectations.Both the S&P 500 and the Nasdaq 100 index are se
10 Information Technology Stocks With Whale Alerts In Today's Session
This whale alert can help traders discover the next big trading opportunities.Whales are entities with large sums of money and we track their transactions here at Benzinga on our options activity scan
Investors Punished Salesforce After Earnings. See the Other Worst Recent Post-report Reactions
Benzinga's 'Stock Whisper' Index: 5 Stocks Investors Secretly Monitor But Don't Talk About Yet
Each week, Benzinga's Stock Whisper Index uses a combination of proprietary data and pattern recognition to showcase five stocks just under the surface and warrant attention.Investors are constantly o
Paycom Software Shares Are Trading Lower After the Company Announced Leadership Changes.
Paycom Software Shares Are Trading Lower After the Company Announced Leadership Changes.
Ambarella Posts Upbeat Results, Joins Gap, PagerDuty, Elastic And Other Big Stocks Moving Higher On Friday
U.S. stocks were mixed, with the Nasdaq Composite falling around 1% on Friday.Shares of Ambarella, Inc. (NASDAQ:AMBA) rose sharply during Friday's session following strong first-quarter earnings and u
What Is Fueling Netflix's Meteoric 297% Rise And The Promise Of 30 Million New Subscribers?
Netflix's stock increased by 2% on Wednesday, influenced by positive forecasts from industry analysts predicting a 30% rise.There is an expected influx of over 30 million new subscribers.Netflix's mar
Salesforce Still Confident About Becoming An AI Era Winner Despite Disappointing Quarter
On Wednesday, Salesforce Inc (NYSE:CRM) posted its first quarterly revenue miss since 2006, along with providing a softer-than-expected guidance. Despite the miss, many analysts are optimistic that th