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Zacks News
SONY's PlayStation 5 Surpasses 50M Units in Sales Since Launch
by Zacks Equity Research
SONY's PlayStation 5 sales gain from the addition of immensely popular games like Marvel's Spider-Man 2, Baldur's Gate 3, Alan Wake 2 and EA SPORTS FC 24.
Ansys (ANSS) & BMW Partner to Launch AVxcelerate Autonomy
by Zacks Equity Research
Ansys (ANSS) unveils AVxcelerate Autonomy to replace physical tests with virtual simulations.
Telefonica (TEF) Secures $2.2B for Spain Government's Buyout
by Zacks Equity Research
Telefonica (TEF) is reportedly receiving a significant investment worth $2.20 billion from the Spanish government.
Lumen (LUMN) Reportedly Needs Time to Close Restructuring Deal
by Zacks Equity Research
Lumen (LUMN) seeks to extend the deadline by one month, with a closing date of Jan 31, 2024, per Bloomberg.
Badger Meter (BMI) Gains 39.9% YTD: Will the Trend Continue?
by Zacks Equity Research
Badger Meter's (BMI) performance benefits robust demand across business segments coupled with improving supply-chain dynamics.
Woodward (WWD) Appears Primed for Uptrend With 40.6% YTD Gain
by Zacks Equity Research
Woodward's (WWD) performance gains from steady demand trends in the Aerospace and Industrial segments. Weak Defense OEM sales owing to lower guided weapons sales remain a concern.
Cadence (CDNS) Stock Gains 69% YTD: Will the Uptrend Last?
by Zacks Equity Research
Cadence's (CDNS) performance is driven by strength across all segments due to higher customer demand.
Keysight (KEYS) Validates Fortinet's NGFW Against DDoS Threats
by Zacks Equity Research
Keysight's (KEYS) cybersecurity test platform is expected to help Fortinet tackle the escalating threat of cyber-attacks.
Fortive (FTV) Stock Gains 10.6% YTD: Will the Trend Continue?
by Zacks Equity Research
Fortive's (FTV) performance gains from strong revenue growth across Intelligent Operating Solutions and Precision Technologies business segments.
IBM Improves NATO's Cybersecurity With Advanced Threat Management
by Zacks Equity Research
IBM cybersecurity services to improve NATO's security oversight and enable efficient management of potential issues across its network.
NETGEAR (NTGR) Launches Smart Switches to Improve Connectivity
by Zacks Equity Research
NETGEAR (NTGR) unveils the S3600 Series Smart Switches to meet the rising bandwidth demand for applications and devices.
Panasonic (PCRFY) & Sila Unite to Enhance EV Battery Technology
by Zacks Equity Research
Panasonic (PCRFY) collaborates with Sila to improve electric vehicle performance and reduce charging duration.
BlackBerry (BB) Scraps IPO Plan for IoT Unit, Appoints New CEO
by Zacks Equity Research
BlackBerry (BB) to separate the IoT and Cybersecurity businesses into standalone entities. However, it will no longer pursue IPO for the IoT business.
Watts Water (WTS) to Acquire Josam Company to Boost Growth
by Zacks Equity Research
Watts Water's (WTS) acquisition of Josam Company is expected to close in January 2024, subject to customary closing conditions.
WiSA's (WISA) E Software Solution Continues to Gain Traction
by Zacks Equity Research
WiSA (WISA) unveils that its WiSA E software will be implemented to expand accessibility for wireless audio connectivity.
Guidewire (GWRE) Q1 Earnings & Revenues Beat Estimates, Up Y/Y
by Zacks Equity Research
Guidewire's (GWRE) first-quarter performance benefits from higher subscription and support revenues.
Ciena (CIEN) Q4 Earnings & Revenues Top Estimates, Up Y/Y
by Zacks Equity Research
Ciena's (CIEN) fiscal fourth-quarter performance is driven by increasing demand momentum, especially from cloud provider customers.
Axcelis (ACLS) Purion Shipments Continue to Gain Traction
by Zacks Equity Research
Axcelis (ACLS) recently announces that it shipped Purion XE high energy and Purion H high current implanters to various fabs in Korea and China.
Viasat (VSAT) & Airbus Partner to Enhance Aircraft Connectivity
by Zacks Equity Research
Viasat (VSAT) collaborates with Airbus to enhance the aircraft capabilities of the Irish Defense Forces.
NetApp (NTAP) Appears Primed for Uptrend With 49% YTD Growth
by Zacks Equity Research
Despite soft macroeconomic conditions, NetApp (NTAP) expects strength in product, and hyper-scaler first-party and marketplace services to cushion revenue performance.
Ansys' (ANSS) RaptorX Receives Samsung Foundry Certification
by Zacks Equity Research
Ansys' (ANSS) RaptorX solution is certified by Samsung Foundry for enhanced product reliability and performance.
WIX & ISX Financial Partner to Enhance Open Banking Solutions
by Zacks Equity Research
WIX collaborates with ISX Financial to improve the payment experience for both merchants and customers.
Blackbaud (BLKB) Gains 41% YTD: Will the Uptrend Continue?
by Zacks Equity Research
Blackbaud's (BLKB) performance benefits from robust organic growth and extensive cost-cutting measures.
Generac (GNRC) & Wallbox Partner to Improve Distribution Network
by Zacks Equity Research
Generac (GNRC) collaborates with Wallbox to enhance its distribution capacity in the United States.
Axcelis' (ACLS) Logistics Center to Boost Warehouse Operations
by Zacks Equity Research
Axcelis' (ACLS) new facility boasts advanced technologies including AI-powered autonomous mobile robots and enterprise-level warehouse automation.