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Zacks News
Onto Innovation's (ONTO) DragonFly G3 System Gains Momentum
by Zacks Equity Research
Onto Innovation (ONTO) recently announces that it finalizes over $100 million in orders for Dragonfly G3 inspection system. The deliveries are scheduled through the first quarter of 2024.
Markets Await Jobs Data
by Zacks Equity Research
Markets Await Jobs Data
Pre-Markets Up as Challenging August Dwindles
by Mark Vickery
Today we do not have any major economic reports scheduled, but this week will be an eventful one.
Should You Invest in Salesforce.com (CRM) Based on Bullish Wall Street Views?
by Zacks Equity Research
According to the average brokerage recommendation (ABR), one should invest in Salesforce.com (CRM). It is debatable whether this highly sought-after metric is effective because Wall Street analysts' recommendations tend to be overly optimistic. Would it be worth investing in the stock?
Salesforce (CRM) to Report Q2 Earnings: What's in the Offing?
by Zacks Equity Research
While digital transformation and the growing adoption of generative AI-enabled solutions are likely to have boosted Salesforce's (CRM) top line in Q2, cost-cutting initiatives are expected to have driven the bottom line.
Palo Alto Networks and Ciena have been highlighted as Zacks Bull and Bear of the Day
by Zacks Equity Research
Palo Alto Networks and Ciena are part of the Zacks Bull and Bear of the Day article.
Vishay (VSH) Unveils Haptic Actuators, Boosts Inductors Line
by Zacks Equity Research
Vishay (VSH) introduces a new series of IHPT solenoid-based haptic actuators. It has collaborated with Immersion Corporation to bundle the new series with the latter's licenses for haptic technology.
Intuit's (INTU) Q4 Earnings Beat Expectations, Sales Rise Y/Y
by Zacks Equity Research
Intuit's (INTU) fiscal fourth-quarter results reflect robust revenues from the Online and Desktop Ecosystem business segments.
Zacks Industry Outlook Highlights Adobe, Salesforce and Synopsys
by Zacks Equity Research
Adobe, Salesforce and Synopsys are part of the Zacks Industry Outlook article.
NVIDIA (NVDA) Q2 Datacenter Sales Surge on Generative AI Boom
by Zacks Equity Research
NVIDIA's (NVDA) datacenter end-market revenues more than doubled in Q2, mainly benefiting from growing investments in generative AI technology.
Marvell (MRVL) Surpasses Q2 Earnings and Revenue Estimates
by Zacks Equity Research
Marvell's (MRVL) second-quarter performance reflects the negative impact of customer inventory reduction actions and a weakening enterprise market due to the ongoing macroeconomic uncertainty.
NetApp (NTAP) & Google Roll Out New Managed Storage Service
by Zacks Equity Research
NetApp (NTAP) states that through Google Cloud NetApp Volumes service, it is extending the ONTAP storage and data management capabilities to Google Cloud customers
American Software (AMSWA) Q1 Earnings and Revenues Top Estimates
by Zacks Equity Research
American Software (AMSWA) delivered earnings and revenue surprises of 33.33% and 0.34%, respectively, for the quarter ended July 2023. Do the numbers hold clues to what lies ahead for the stock?
Texas Instruments (TXN) Boosts Analog Segment With Latest Move
by Zacks Equity Research
Texas Instruments (TXN) adds new current sensors and integrated shunt solutions to its portfolio offerings.
3 Software Stocks to Watch for in a Flourishing Industry
by Vaishali Doshi
Computer Software industry participants like Adobe (ADBE), Salesforce (CRM) and Synopsys (SNPS) benefit from steady digital transformations and strong adoption of cloud computing despite macroeconomic turbulence.
Autodesk (ADSK) Soars 5% on Q2 Earnings Beat, Raised Guidance
by Zacks Equity Research
Autodesk's (ADSK) strong revenue and earnings growth in the second quarter of fiscal 2024 reflects the benefits of new business growth, resilient subscription renewal rates and a strong competitive position.
NVIDIA (NVDA) Soars 7% as Q2 Earnings & Revenues Beat Estimates
by Zacks Equity Research
NVIDIA's (NVDA) Q2 non-GAAP earnings surge 429% year over year and 148% sequentially, mainly driven by higher revenues, an increased gross margin and lower operating expenses as a percentage of sales.
NetApp (NTAP) Q1 Earnings & Revenues Top Estimates, Fall Y/Y
by Zacks Equity Research
NetApp's (NTAP) first-quarter fiscal 2024 performance is hurt by weak IT spending environment.
Analog Devices (ADI) Q3 Earnings & Revenues Miss, Fall Y/Y
by Zacks Equity Research
Analog Devices' (ADI) results for the fiscal third quarter reflect weakness across communications and consumer markets.
MACOM (MTSI) To Acquire Wolfspeed's Radio Frequency Business
by Zacks Equity Research
MACOM (MTSI) has agreed to acquire the radio frequency business of Wolfspeed for $125 million.
Pure Storage (PSTG) Expands Collaboration With Microsoft
by Zacks Equity Research
Pure Storage (PSTG) adds that Pure Cloud Block Store for Azure VMware Solution is now in preview in 16 Azure regions globally.
Salesforce.com (CRM) Dips More Than Broader Markets: What You Should Know
by Zacks Equity Research
In the latest trading session, Salesforce.com (CRM) closed at $206.76, marking a -1.09% move from the previous day.
Carrier (CARR) Boosts HVAC Offerings With Outdoor Air System
by Zacks Equity Research
Carrier (CARR) expands its line of WeatherExpert packaged rooftop units with a high outdoor air system.
Zoom (ZM) Q2 Earnings Beat, Customer Growth Drives Revenues
by Zacks Equity Research
Zoom's (ZM) second-quarter fiscal 2024 results reflect growth in Enterprise customers, which drives the top line.
Vishay (VSH) Expands Its Diodes Offerings With Latest Move
by Zacks Equity Research
Vishay (VSH) launches R3T2FPHM3, a two-in-one surface-mount solution for automotive applications.