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If You Invested $1,000 In Oracle Stock At IPO, Here's How Much You'd Have Today
Tuesday, June 13, 2023 - 1:41pm | 501One of the largest software companies in the world hit all-time highs this week on the heels of its fourth-quarter earnings report. Here’s a look at how an investment in Oracle Corporation (NYSE: ORCL) has performed since its IPO. What Happened: Founded as Software Development...
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The Benzinga Moneymaker Series: Top 5 Stocks This Week
Thursday, December 1, 2022 - 4:44pm | 888Investors are are on the hunt for undervalued, underfollowed and emerging stocks to spot opportunity. The rise of social media and the retail trader gave way to countless methods to uncover new information. For some, this is overwhelming. Benzinga's Moneymaker Index uses a combination of...
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Unity Software Reports Q2 Earnings In Wake Of AppLovin M&A Offer: Revenue Miss, Guidance Disappointment And More
Tuesday, August 9, 2022 - 5:21pm | 441Software and gaming company Unity Software Inc (NYSE: U) reported second-quarter financial results and shared a company update after the market close Tuesday. What Happened: Unity reported second-quarter revenue of $297 million, up 9% year-over-year. The total came in below a Street consensus...
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AppLovin Offers To Acquire Unity In $20B Deal: What Investors Should Know And 3 Stocks To Watch
Tuesday, August 9, 2022 - 10:43am | 713Mobile app company AppLovin (NASDAQ: APP) wants to buy Unity Software Inc. (NYSE: U), a software and gaming platform company. Here are the details. What Happened: AppLovin submitted a non-binding proposal to combine with Unity. The Palo Alto, California-based company believes the combination would...
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Why Atlassian Shares Are Surging After Hours Thursday
Thursday, August 4, 2022 - 5:51pm | 392Shares of software company Atlassian Corporation are surging Thursday after reporting fourth quarter financial results and first quarter guidance. What Happened: Atlassian Corporation (NASDAQ: TEAM) reported fourth-quarter revenue of $759.8 million, up 36% year-over-year. The revenue...
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Why Palantir Shares Are Soaring In Tuesday's After Hours Session
Tuesday, October 5, 2021 - 5:08pm | 347One of the hottest and most well-known stocks is trading higher after the market close Tuesday. Here’s why. What Happened: Software company Palantir Technologies (NYSE: PLTR) announced Tuesday it has advanced in the awarding of an $823-million contract from the U.S. Army. The contract is for...
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Cathie Wood Can't Get Enough Of Uipath, Buys Another $17M Shares
Sunday, July 11, 2021 - 11:05pm | 321Cathie Wood-led Ark Investment Management on Friday snapped up 247,130 shares, estimated to be worth about $16.9 million, in UiPath Inc (NYSE: PATH). Shares of the New York-based software automation company closed 0.16% higher at $68.49 on Friday. The investment firm bought the shares of...
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What's Going On With Bill.com Stock?
Friday, May 7, 2021 - 4:51am | 356Bill.com Holdings Inc (NYSE: BILL) stock rallied more than 14% in the extended session after the market closed on Thursday and are continuing the momentum in the pre-market session on Friday. The shares had closed 6.5% lower at $130.33 in the regular session on Thursday. What Happened: The...
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BlackBerry Suffers Fallout Of Global Chip Shortage As It Misses On Q4 Earnings
Wednesday, March 31, 2021 - 12:55am | 589BlackBerry Ltd (NYSE: BB) braved challenges such as global chip shortage and improved the sales of its QNX car software but still missed Wall Street estimates for fourth-quarter revenue. What Happened: The Canadian company’s Q4 earnings per share fell 66.67% year-over-year to $0.03, while...
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Activist Investor Elliot Management Buys Stake In F5 Networks: WSJ
Sunday, November 8, 2020 - 11:35pm | 400Elliott Management Corp. has acquired a stake in the Seattle-headquartered technology company F5 Networks Inc (NASDAQ: FFIV), according to the Wall Street Journal. What Happened: The activist investor's purchase amounts to less than a 5% beneficial ownership and it doesn't require...
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SAP Lowers 2020 Guidance As Revenue Falls In Q3
Monday, October 26, 2020 - 3:39am | 463Software company SAP SE (NYSE: SAP) reported revenue of €6.5 billion for its third quarter on Monday, approximately 4% lower year-over-year. Its predictable revenue, that is, combined non-IFRS revenues from the cloud segment and the software support segment, for Q3 was 74%. EPS...
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Unity Raises IPO Target To Above $1.3B, Set To Become 4th Tech Listing This Week
Friday, September 18, 2020 - 12:06am | 310Video game software developer Unity Software Inc. priced its initial public offering above previous estimates on Thursday. What Happened: Unity said it planned to issue 25 million shares at $52 per share. The underwriters are entitled to a 30-day option to buy an additional 3.75 million shares...
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Video Game Software Maker Unity To Let Investor Bids Dictate IPO Offer Price
Friday, September 11, 2020 - 4:49am | 424Two weeks after Unity Software Inc initially announced its plans to go public, the company filed an amended securities registration form with the details of the offering. The update filed on Sept. 9 disclosed that the company would issue 25 million shares with an initial public offering offer ...
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Software Companies Must Broaden Offerings To Be Competitive In 2020
Thursday, March 5, 2020 - 4:40pm | 744The digital revolution hit the logistics industry hard and fast a few years ago, and companies have to work harder than ever to differentiate their offerings from all the other tools and applications flooding the market. One way to do that is capitalizing on existing products by adding features...
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D.A. Davidson: Software Fundamentals Strong Heading Into 2015 But Don't Rush To Invest
Friday, January 2, 2015 - 10:04am | 249Jack Andrews of D.A. Davidson previewed the Software industry's outlook for 2015, noting that fundamentals remain strong, although it is unclear if the outlook will be enough to boost Software stock prices in the near-term. “We caution that in early 2015 software stock performance may be muted,...