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Unity Stock Jumps After Jefferies Upgrade—Here's What Changed
Wednesday, July 16, 2025 - 11:54am | 416Unity Software Inc. (NYSE:U) stock gained momentum on Wednesday after Jefferies analyst Brent Thill raised the price target from $29 to $35 while maintaining a Buy rating. Over the past three months, seven analysts have issued ratings on Unity, ranging from bullish to somewhat bearish, with four...
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Elon Musk's xAI Forced Employees To Install Surveillance Software, Here's What Happened Next
Sunday, July 13, 2025 - 3:11pm | 463The artificial intelligence startup, xAI, backed by Elon Musk, is facing backlash from its employees over the introduction of a controversial workforce management system. What Happened: The company has been encouraging its staff to install a software called Hubstaff on their personal laptops....
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Dan Ives Says Market Is 'Massively Underestimating' This AI Play, Urges Investors To Look Beyong Mag 7
Thursday, June 19, 2025 - 8:01am | 670Dan Ives‘ new artificial intelligence exchange-traded fund (ETF) holds securities beyond the Magnificent 7 stocks, as he believes in looking past valuations for investments in the technology sector. What Happened: The Dan IVES Wedbush AI Revolution ETF (NYSE:IVES), managed by the Wedbush...
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Adobe Q2 Earnings: Revenue Beat, EPS Beat, Raised FY Guidance, Continued Investments In AI Innovation
Thursday, June 12, 2025 - 4:30pm | 516Adobe Inc (NASDAQ:ADBE) released financial results for the second quarter on Thursday after the bell. Here’s a look at the key details from the print. Q2 Earnings: Adobe reported second-quarter revenue of $5.87 billion, beating analyst estimates of $5.79 billion, according to Benzinga...
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AppLovin, Salesforce, Other Software Stocks Rally On Tariff Relief
Monday, May 12, 2025 - 4:10pm | 404AppLovin Corp (NASDAQ:APP), Salesforce, Inc. (NYSE:CRM), Datadog, Inc. (NASDAQ:DDOG) and Atlassian Corporation (NASDAQ:TEAM) stocks traded higher Monday after the U.S. and China agreed to a temporary reduction in most tariffs on each other’s goods. What To Know: The trade deal will lower U.S...
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Stock Of The Day: Where Will The ServiceNow Rally End?
Friday, April 25, 2025 - 11:24am | 479Trading in shares of ServiceNow, Inc. (NYSE:NOW) is quiet on Friday. This comes after Thursday's rally of more than 15%. The company reported earnings of $4.04 per share, which was ahead of consensus estimates of $3.83. If the stock keeps moving ahead, there is a good chance it can stall out around...
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IBM Q1 Earnings Preview: AI, Acquisitions, New Products In Focus
Wednesday, April 23, 2025 - 11:04am | 779International Business Machines (NYSE:IBM) is likely to highlight its AI business segments, recent product launches and a new acquisition when the company reports its first-quarter financial results after the market close Wednesday. Here are the analyst estimates, analyst commentary and key items...
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SAP Shares Climb On Better-Than-Expected Q1 Results
Tuesday, April 22, 2025 - 5:25pm | 341SAP SE (NYSE:SAP) released its first-quarter results after Tuesday's closing bell. Here's a look at the key figures from the report. The Details: SAP reported quarterly revenue of 9.01 billion euros ($9.48 billion), beating analyst estimates, according to Benzinga Pro. Earnings of 1.44 euros ($1....
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Top Analyst Sees 'Unprecedented Traction' For PLTR Stock After NATO Agreement: 'Another Validation Sign'
Tuesday, April 15, 2025 - 8:05am | 1389Wedbush analyst Daniel Ives reiterated confidence in Palantir Technologies Inc.‘s (NASDAQ:PLTR) growth prospects after the software firm disclosed a deal with the North Atlantic Treaty Organization amid its growing “federal and commercial” portfolio. What Happened: Ives said in a...
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Tariff Impact? Not For Software Provider DoubleVerify, Here's Why
Friday, April 4, 2025 - 3:34pm | 386Needham analyst Laura Martin reiterated a Buy rating on the shares of DoubleVerify Holdings Inc (NYSE:DV) with a price forecast of $22. On April 2, President Trump announced reciprocal tariffs, including a 10% hike on all countries except Mexico and Canada, with higher rates for select nations with...
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Adobe Analysts Highlight AI Growth, Demand Trends: 'Could Mark An Inflection' In Investor Perception
Thursday, March 13, 2025 - 11:18am | 484Adobe Inc (NASDAQ:ADBE) analysts highlight the company's AI opportunities and future growth after the company beat revenue and earnings per share estimates in the first quarter. The Adobe Analysts: Goldman Sachs analyst Kash Rangan reiterated a Buy rating on Adobe with a $640 price target. JPMorgan...
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Snowflake 'One Of The Most Compelling Stories In Software' Ahead Of Earnings: Analyst
Tuesday, November 19, 2024 - 3:45pm | 422As the software industry nears a crossroads, one industry analyst expressed confidence in a few big names ahead of third-quarter earnings season. The Software Analyst: D.A. Davidson analyst Gil Luria reiterated Buy ratings for Palo Alto Networks Inc (NASDAQ:PANW), Couchbase Inc (NASDAQ:BASE) and...
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EPAM Inks Strategic Deals, Enjoys Robust Tax Benefits: Analyst
Friday, November 8, 2024 - 1:24pm | 426Scotiabank analyst Divya Goyal maintains a Hold rating on software firm EPAM Systems, Inc (NYSE:EPAM) with a price target of $245. EPAM delivered third-quarter 2024 results that surpassed internal and consensus forecasts, outperforming the company’s prior guidance. Revenue reached $1.168...
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Department Of Justice Investigates SAP, Carahsoft In $2B Price-Fixing Probe
Wednesday, September 25, 2024 - 12:37pm | 513The U.S. Department of Justice (DOJ) is investigating German software giant SAP SE (NYSE:SAP) and U.S. reseller Carahsoft Technology. What Happened: The DOJ is investigating two companies over allegations of conspiring to overcharge U.S. government agencies. The civil probe, which has been ongoing...
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Docusign Q2 Earnings Preview: Investors Look For AI Growth, Results That Beat Estimates
Wednesday, September 4, 2024 - 4:06pm | 737Software company Docusign Inc (NASDAQ:DOCU) could share more on its goal of improving profitability and recent company expansions when the company announces second-quarter financial results after market close Thursday. Earnings Estimates: Analysts expect Docusign to report second-quarter revenue of...