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Sell-Side Still Optimistic On Zscaler After Q1 Earnings Results
Wednesday, December 4, 2019 - 11:46am | 528Analysts remained upbeat on cloud security company Zscaler Inc. (NASDAQ: ZS) after strong first-quarter results, even as investors appeared more skeptical sending the stock down, likely on mixed second-quarter guidance. Zscaler beat Street expectations on revenue, billings, and non-GAAP EPS in the...
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Mixed Reactions To Tesla's Cybertruck: Is Futuristic Design A Sales Driver Or Just Weird?
Friday, November 22, 2019 - 12:45pm | 751If it's not polarizing, it's probably not coming from Elon Musk and Tesla Inc. (NASDAQ: TSLA). Tesla watchers once again can't agree, this time on Tesla's new "Cybertruck," unveiled to much fanfare on Thursday night. "Blade Runner Design Eye Popping," said one...
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Microsoft In The Clouds With Q1 Earnings Report On Continued Strong Azure Performance
Thursday, October 24, 2019 - 11:44am | 641For Microsoft Corporation (NASDAQ: MSFT), the future is getting less cloudy every quarter — it’s in the cloud. With Azure cloud services again boosting the balance sheet, with some help from Windows subscription growth, Microsoft reported a robust first quarter, with earnings and...
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The Street's Reaction To Apple's New Products: 'Meh On Phones But Wow, Streaming Is Really Cheap'
Wednesday, September 11, 2019 - 11:39am | 882While Apple Inc. (NASDAQ: AAPL) watchers zoned in Cupertino’s new iPhone and Apple TV+ unveil, reaction from analysts was a bit muted, though generally positive, with most saying the company did the expected with upgrades of existing products. One excited exception was for the unexpectedly...
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Lyft's Quarter Shows Ride-Sharing Market Strength, May Be Good Sign For Uber
Thursday, August 8, 2019 - 12:40pm | 818Lyft Inc.'s (NASDAQ: LYFT) strong quarter and acceleration toward profitability shows the overall ride-sharing market is rolling along nicely in the United States, which may bode well for Uber Technologies Inc (NYSE: UBER), sell-side analysts said. Lyft’s results in just its second...
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Wedbush: Antitrust Interest In Tech Companies Mostly Noise, Breakups Unlikely
Wednesday, July 24, 2019 - 11:44am | 493Tech giants in the FAANG group should weather Justice Department antitrust scrutiny over the long term, Wedbush said Wednesday after a report of a broadening probe. What Happened The Wall Street Journal first reported the Justice Department will investigate tech antitrust questions, likely...
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The Dell-EMC Deal Still An Overhang For VMware
Wednesday, January 27, 2016 - 9:30am | 374Shares of VMware, Inc. (NYSE: VMW) have declined 43.29 percent over the last six months, reaching a low of $48.79 on January 25. Daniel H. Ives of FBR & Co. has maintained a Market Perform rating on the company, while lowering the price target from $73 to $59. Ives mentioned the...
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Tim Cook 'Ripped The Band-Aid' Off Apple's Guidance
Wednesday, January 27, 2016 - 8:27am | 405Despite a slight recovery over the last few trading days, shares of Apple Inc. (NASDAQ: AAPL) have lost 7 percent since December 28. FBR & Co’s Daniel H. Ives maintained an Outperform rating for the company, while reducing the price target from $150 to $130. While Apple’s...
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FBR's Daniel Ives Defends Apple, Says 'Buckle The Seat Belts'
Wednesday, January 13, 2016 - 9:57am | 395Apple Inc. (NASDAQ: AAPL) shares have declined 18.92 percent over the past six months, dropping to a low of $96.45 on January 7. FBR’s Daniel H. Ives has maintained an Outperform rating on the company. Heading into the “much anticipated” FY1Q16 earnings report, scheduled...
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The Best Names To Play In Next-Gen Cybersecurity...
Wednesday, January 6, 2016 - 9:20am | 509Shares of Palo Alto Networks Inc (NYSE: PANW), Check Point Software Technologies Ltd. (NASDAQ: CHKP) and Proofpoint Inc (NASDAQ: PFPT) have been under pressure over the past month. FBR & Co’s Daniel H. Ives expressed optimism regarding cybersecurity demand into 2016. Ives...
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FBR Increasingly Positive On Microsoft Following Windows 10 Adoption Data
Monday, January 4, 2016 - 3:43pm | 346Microsoft Corporation (NASDAQ: MSFT) announced on Monday morning, ahead of tech event CES 2016, that 200 million devices have adopted and are now running on Windows 10 – its latest OS, launched last July. After the upbeat announcement, FBR & Co. analyst Daniel H. Ives decided to...
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FBR: Apple Growth Fears 'Overblown'
Monday, January 4, 2016 - 11:00am | 299Apple Inc. (NASDAQ: AAPL) shares have lost 19 percent in the last six months. FBR & Co’s Daniel H. Ives maintained an Outperform rating for the company. Concerns over China’s growth and softer-than-expected demand for the iPhone 6s appear overblown, Ives stated. Apple...
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Demand In Cybersecurity Sector 'White Hot'; Palo Alto Remains Clear Winner
Wednesday, December 30, 2015 - 3:11pm | 575In a report published Wednesday, Daniel H. Ives of FBR & Co. shared an update on the state and outlook for the tech industry. Although the analyst expects attention to continue to concentrate around many of the same next-generation software technologies that garnered attention in previous years...
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Microsoft's 'Best Cloud Days Are Ahead'
Wednesday, December 30, 2015 - 3:01pm | 501In a report issued Wednesday, FBR & Co.’s Daniel H. Ives shared an update on the state and prospects for the technology, media and telecom industry. Although the firm expects attention to continue to concentrate around many of the same next-generation software technologies that garnered...
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Notable Tech Analyst Highlights Top 10 M&A Marriages For '16
Wednesday, December 30, 2015 - 10:34am | 614FBR & Co’s Daniel H. Ives said that the Software sector could be characterized by M&A, growth and cloud spending in 2016. Next-gen technology vendors seem to be the winners, at the expense of traditional tech vendors, Ives added. Analyst Daniel Ives said that investor...