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Why MicroStrategy Is Trading Lower Today
Tuesday, June 22, 2021 - 9:25am | 353Read More...MicroStrategy Inc (NASDAQ: MSTR) is trading lower Tuesday morning amid continued weakness in Bitcoin (CRYPTO: BTC). What Happened: MicroStrategy announced that it purchased an additional 13,005 Bitcoin for approximately $489 million in cash at an average price of approximately $37,...
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Why Elastic Is Trading Higher Today
Thursday, June 3, 2021 - 8:39am | 348Read More...Elastic NV (NYSE: ESTC) is trading higher Thursday morning after the company announced better-than-expected financial results. What Happened: Elastic reported a quarterly earnings loss of 8 cents, which beat the estimate for a loss of 16 cents. The company reported quarterly revenue of $177.6...
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Why Veeva Systems Is Trading Higher Today
Friday, May 28, 2021 - 1:21pm | 310Read More...Veeva Systems Inc (NYSE: VEEV) is trading higher Friday morning after the company announced better-than-expected earnings results and received price target increases from multiple analysts. What Happened: Veeva Systems reported first-quarter earnings of 91 cents per share, which beat the estimate...
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Elastic's Quiet Period Ends: What The Street Thinks
Tuesday, October 30, 2018 - 2:15pm | 620Read More...Shares of Netherlands-based Elastic NV (NYSE: ESTC), the company behind Elasticsearch and the Elastic Stack, rose nearly 100 percent on its trading debut in early October. The Street is offering first takes on the stock now that the quiet period has come to an end. The Analysts...
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Citi Out Bullish On Cision, Says Company Is Keyed Into 'Critical' Digital Marketing Trend
Thursday, August 2, 2018 - 11:14am | 342Read More...Last week, public relations and media software company Cision Ltd. (NYSE: CISN) announced its acquisition of visual recognition technology from ShareIQ. Citi evaluated Cision's stock ahead of its Aug. 8 second-quarter earnings report. The Analyst Citi analyst Tyler Radke...
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Citigroup Expands Big Data Coverage, Names Alteryx, Tableau Software, Talend As Top Picks
Thursday, June 28, 2018 - 11:16am | 614Read More...Citigroup reshuffled its coverage of big data and analytics software stocks, initiating four stocks — including two new top picks — and updating their views on another four. The Analyst Analyst Tyler Radke assumed coverage of the group and named Alteryx Inc (...
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Are We Sure Salesforce Could Buy Twitter Even If It Wanted To?
Thursday, October 6, 2016 - 10:00am | 388Read More...Although salesforce.com, inc. (NYSE: CRM) CEO Marc Benioff indicated his interest in Twitter Inc (NYSE: TWTR), Citi Research believes that a deal could be possible. However, the brokerage thinks that such a deal would put great constraints on salesforce over the next three-plus years. Therefore, it...
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VMware Q1 Will Be 'No Drama,' Says Citi
Tuesday, April 21, 2015 - 3:02pm | 402Read More...Citi commented on VMware, Inc. (NYSE: VMW) Monday ahead of its Q1 results on Tuesday following the market close. Analysts Walter H. Pritchard and Tyler Radke expected a quarter with “no drama" as checks suggested that business had been strong and that overall revenue guidance had...
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3 Tech Giants Citi Is Watching
Friday, March 13, 2015 - 2:04pm | 404Read More...Citi is keeping a close eye on three of the world's largest tech enterprises: Intel Corporation (NASDAQ: INTC), Hewlett-Packard Company (NYSE: HPQ) and Oracle Corporation (NYSE: ORCL). Citi analysts Walter H Pritchard and Tyler Radke said that aside from the currency, Oracle's Q3...
