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Zacks News
Silicon Labs (SLAB) Surges 6.2%: Is This an Indication of Further Gains?
by Zacks Equity Research
Silicon Labs (SLAB) 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.
Sabre (SABR) Stock Rallies 6% on Strong Recovery in Bookings
by Zacks Equity Research
Sabre (SABR) witnesses significant improvements in bookings with easing pandemic restrictions, more traveling and a decline in cancellation activities.
Infosys (INFY) Enters 5-Year Deal With Spirit AeroSystems
by Zacks Equity Research
In Collaboration with Spirit AeroSystems, Infosys (INFY) will provide aerostructure and systems engineering services for product development of commercial, business jet and emerging aircraft programs.
5 Solid Stocks to Buy on Surging Semiconductor Sales
by Ritujay Ghosh
Semiconductor shortage is a boon in disguise for microchip sales, helping companies like Monolithic Power Systems (MPWR), Silicon Laboratories (SLAB), Texas Instruments (TXN), Vishay Intertechnology (VSH) and STMicroelectronics (STM).
Why Did EPAM Systems (EPAM) Stock Soar 22% Last Month?
by Zacks Equity Research
While many tech companies have disappointed investors with their recent quarterly performance, EPAM Systems (EPAM) has delivered strong Q2 results, sending its shares 22.1% higher in August.
NortonLifeLock (NLOK) Avast Buyout Gets UK Regulator's Approval
by Zacks Equity Research
The Avast buyout is likely to enhance NortonLifeLock's (NLOK) product portfolio, strengthen geographical diversification and expand its presence in the Small Offices/Home Offices cyber security and very small businesses markets.
Science Applications (SAIC) Soars as Q2 Earnings Top Estimates
by Zacks Equity Research
Contributions from the newly acquired Halfaker & Associates business and the ramp-up of new and existing contracts aid Science Applications' (SAIC) second-quarter fiscal 2023 performance.
MongoDB (MDB) Q2 Earnings Beat Estimates, Revenues Jump Y/Y
by Zacks Equity Research
MongoDB's (MDB) second-quarter fiscal 2023 results reflect steady user growth on the back of the robust uptake of Atlas.
Nutanix (NTNX) Q4 Loss Narrower Than Estimated, Revenues Beat
by Zacks Equity Research
Nutanix (NTNX) delivers record growth in ACV billings in fiscal 2022, primarily driven by strong demand for its hybrid multi-cloud software solutions.
NVIDIA (NVDA) Falls 7% as US Halts Top AI Chip Sales to China
by Zacks Equity Research
Though NVIDIA (NVDA) does not sell products to customers in Russia, the new licensing requirements are going to significantly hurt its data center chip sales in China.
Ambarella (AMBA) Q2 Earnings Match Estimates, Revenues Beat
by Zacks Equity Research
Ambarella's (AMBA) second-quarter fiscal 2023 results reflect the strong performance of the automotive and security camera businesses.
Hewlett Packard (HPE) Q3 Earnings Match, Revenues Top Estimates
by Zacks Equity Research
Hewlett Packard's (HPE) fiscal Q3 results reflect gains from accelerated digital transformation amid ongoing remote working trends worldwide.
CrowdStrike (CRWD) Beats on Q2 Earnings and Revenue Estimates
by Zacks Equity Research
CrowdStrike's (CRWD) Q2 fiscal 2023 results reflect the benefits of the growing demand for the cybersecurity solution portfolio. Solid customer growth remains an upside, and net new ARR growth accelerates to new heights.
HP (HPQ) Meets Earnings Estimates, Misses Revenues in Q3
by Zacks Equity Research
Though the declining demand for Chromebooks and the weakening demand for consumer PCs hurt HP Inc.'s (HPQ) Q3 revenues, favorable pricing, disciplined cost management and a better product mix drive earnings higher.
SAIC Wins $400M Worth of Space & Intelligence Deals in Q2
by Zacks Equity Research
SAIC wins contracts worth approximately $400 million in fiscal Q2 from the space and intelligence communities, which involve services in systems integration and delivery work areas.
Marvell (MRVL) Q2 Earnings & Revenues Top Estimates, Up Y/Y
by Zacks Equity Research
Marvell's (MRVL) fiscal Q2 performance reflects solid demand for its chip in the data center end market and contributions from all other end markets.
Science Applications (SAIC) Secures Navy Contract Worth $163M
by Zacks Equity Research
Science Applications (SAIC) grabs a $163-million U.S. Navy contract to support the designing, development, integration and modernization of shore networks, network components and network service solutions.
Intuit's (INTU) Earnings and Revenues Surpass Estimates in Q4 (Revised)
by Zacks Equity Research
Intuit's (INTU) fiscal Q4 results reflect strong improvement in the do-it-yourself category, solid customer growth and robust revenues from the Credit Karma and Mailchimp businesses.
5 Reasons Why You Should Invest in Fortinet (FTNT) Stock Now
by Zacks Equity Research
Fortinet (FTNT) is a stock that investors may consider adding to their portfolio amid the current stock market volatilities and gain from its upside potential.
NVIDIA (NVDA) Tumbles on Weak Q2 Earnings, Dim Q3 Guidance
by Zacks Equity Research
Along with supply-chain issues, NVIDIA's (NVDA) second-quarter performance reflects a negative impact of the weakening demand for its chips used in the gaming end market.
Salesforce (CRM) Q2 Earnings Beat, Stock Falls on Guidance Cut
by Zacks Equity Research
Accelerated digitalization, the rapid adoption of cloud-based solutions and strategic acquisitions result in Salesforce's (CRM) better-than-anticipated Q2 performance.
Autodesk (ADSK) Q2 Earnings & Revenues Beat Estimates, Up Y/Y
by Zacks Equity Research
Autodesk's (ADSK) Q2 results reflect benefits from strong growth in subscriptions, robust renewal rates and accelerated digital sales.
6 Reasons Why You Should Invest in Palo Alto (PANW) Stock Now
by Zacks Equity Research
Palo Alto (PANW) is a stock that investors may consider adding to their portfolio amid the current stock market volatilities and gain from its upside potential.
Intuit's (INTU) Earnings and Revenues Surpass Estimates in Q4
by Zacks Equity Research
Intuit's (INTU) fiscal Q4 results reflect strong improvement in the do-it-yourself category, solid customer growth and robust revenues from the Credit Karma and Mailchimp businesses.
Tyler (TYL) & Kentucky Extend Payment Services Deal for a Year
by Zacks Equity Research
Tyler's (TYL) NIC extends its 19-year relationship with the Commonwealth of Kentucky and is likely to continue to provide more than 300 services and payment processing solutions for state government agencies.