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Zacks News
Stocks to Tap the Hot Wall Street Stories
by Sweta Killa
Herein we discuss some hot events of 2023 so far in detail along with some stocks that investors can tap to make the most of the trends.
Strength Seen in Pros Holdings (PRO): Can Its 11.3% Jump Turn into More Strength?
by Zacks Equity Research
Pros Holdings (PRO) was a big mover last session on higher-than-average trading volume. The latest trend in earnings estimate revisions might not help the stock continue moving higher in the near term.
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.
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
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.
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.
Dolby (DLB) Gains 20.2% YTD: Will the Upward Trend Last?
by Zacks Equity Research
Dolby's (DLB) performance benefits from increasing adoption of Dolby Atmos, Dolby Vision and new imaging patents.
Analyzing Itron (ITRI) Gains 31% YTD: Will the Uptrend Last?
by Zacks Equity Research
Itron (ITRI) is benefiting from higher software license sales, easing of supply-chain issues and strong operational execution.
SAP Stock Jumps 33.2% YTD: Will the Upward Trend Continue?
by Zacks Equity Research
SAP's performance is gaining from continued momentum in its cloud business.
Axcelis (ACLS) Surges 109% YTD: Will the Uptrend Continue?
by Zacks Equity Research
Axcelis Technologies' (ACLS) performance is gaining from robust customer demand for Purion suite of products.
DecisionPoint (DPSI) Q2 Earnings & Revenues Top Estimates
by Zacks Equity Research
DecisionPoint's (DPSI) second-quarter performance benefits from acquisitions and cross-selling opportunities.
FLEX Stock Soars 24.3% YTD: Will the Momentum Continue?
by Zacks Equity Research
FLEX's performance benefits from continued demand for its solutions in automotive, healthcare and industrial verticals.
Cadence (CDNS) Stock Gains 40.7% YTD: Will the Uptrend Last?
by Zacks Equity Research
Cadence (CDNS) is benefitting from strong demand for its diversified portfolio across all segments.
Onto Innovation (ONTO) Q2 Earnings Miss, Revenues Fall Y/Y
by Zacks Equity Research
Onto Innovation's (ONTO) second-quarter top line performance is affected by delayed shipments of three lithography system.
SONY Beats on Q1 Earnings, Lifts Revenue Guidance
by Zacks Equity Research
SONY's first-quarter fiscal 2023 performance benefits from solid momentum in G&NS and Music sales
Pegasystems (PEGA) Q2 Earnings: Taking a Look at Key Metrics Versus Estimates
by Zacks Equity Research
While the top- and bottom-line numbers for Pegasystems (PEGA) give a sense of how the business performed in the quarter ended June 2023, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.
Pegasystems (PEGA) Lags Q2 Earnings and Revenue Estimates
by Zacks Equity Research
Pegasystems (PEGA) delivered earnings and revenue surprises of -80% and 3.66%, respectively, for the quarter ended June 2023. Do the numbers hold clues to what lies ahead for the stock?
Pegasystems (PEGA) Surges 14.1%: Is This an Indication of Further Gains?
by Zacks Equity Research
Pegasystems (PEGA) saw its shares surge in the last session with trading volume being higher than average. The latest trend in earnings estimate revisions may not translate into further price increase in the near term.
Zacks.com featured highlights Howard Hughes, Vertex, TechTarget and Pegasystems
by Zacks Equity Research
Howard Hughes, Vertex, TechTarget and Pegasystems have been highlighted in this Screen of The Week article.
Discard These 4 Toxic Stocks to Enhance Portfolio Performance
by Lavina Shahu
Detection and removal of toxic stocks is the key to a healthy portfolio. Stocks that investors may sell right away include HHC, VERX, TTGT and PEGA.
Pegasystems (PEGA) Misses Q1 Earnings and Revenue Estimates
by Zacks Equity Research
Pegasystems (PEGA) delivered earnings and revenue surprises of -30.30% and 7.24%, respectively, for the quarter ended March 2023. Do the numbers hold clues to what lies ahead for the stock?
Manhattan Associates (MANH) Q1 Earnings and Revenues Top Estimates
by Zacks Equity Research
Manhattan Associates (MANH) delivered earnings and revenue surprises of 23.08% and 10.35%, respectively, for the quarter ended March 2023. Do the numbers hold clues to what lies ahead for the stock?
Maxar (MAXR) Inches Closer to Takeover by Advent International
by Zacks Equity Research
Maxar (MAXR) is yet to obtain other customary closing approvals to conclude the acquisition by Advent by late April or early May 2023.
Maxar (MAXR) Secures Stage 2 Contract for RF Remote Sensing
by Zacks Equity Research
Maxar (MAXR) receives a Stage 2 contract extension by NRO to provide commercial RF data to the U.S. government.
Cadence (CDNS) Launches EMX Designer to Reduce Design Time
by Zacks Equity Research
Cadence (CDNS) unveils EMX Designer to help customers improve their productivity and reduce design cycle times.