Technology
Unlocking AMD’s Potential for 2H 2024: Key Reasons to Watch
August 01, 2024 12:00 AM PDT| By Team Kalkine MediaHeadlines,- Revenue Growth: AMD’s Q2 revenue surged 9% year-over-year, reaching $5.8 billion.,- Higher Margins: The company saw an increase in its gross profit margin by over 300 basis points.,- Earnings Improvement: Earnings per share (EPS) grew by...
Microsoft (MSFT) vs. Alphabet (GOOGL): Which 'Magnificent Seven' Stock is the Better
July 31, 2024 04:51 PM PDT| By Team Kalkine MediaHighlights:,Impressive Growth and Market Position,: Microsoft (MSFT) has demonstrated strong financial performance and innovation, leading to a 879.8% return over the last decade. The company's early investment in AI and the rapid growth of its cloud...
AMD Q2 2024 Earnings: Strong Revenue Growth Offset by Segment Challenges
July 31, 2024 06:05 AM PDT| By Team Kalkine MediaAdvanced Micro Devices (,AMD,), renowned for its high-performance computing products, released its Q2 2024 financial results on July 30. The company reported revenue of $5.835 billion, surpassing management’s midpoint expectation of $5.7 billion by 2...
Lumen Technologies Shares Surge on Fiber Supply Deal with Corning
July 31, 2024 06:04 AM PDT| By Team Kalkine MediaShares of Lumen Technologies (,LUMN,) experienced a dramatic surge today, driven by positive news from Corning (GLW). Corning announced that it will sell 10% of its fiber capacity to Lumen for the next two years. This announcement led to an extraordi...
Harmonic Shares Surge After Beating Q2 Estimates Despite Revenue Decline
July 31, 2024 05:57 AM PDT| By Team Kalkine MediaShares of Harmonic (,HLIT,) experienced a dramatic increase today, soaring by over 21%, following the company's announcement of its second-quarter earnings results. Although Harmonic reported a decline in revenue and earnings compared to the previous...
Microsoft (NASDAQ:MSFT) Shares Drop: Cloud Miss and Key Price Levels
July 31, 2024 04:23 AM PDT| By Team Kalkine Media1. Microsoft Shares Dip on Cloud Revenue Miss,Microsoft,(NASDAQ:MSFT),shares experienced a nearly 3% decline in Tuesday's extended trading session. This drop occurred despite the tech giant reporting better-than-expected quarterly results. The main r...
How ASML(NASDAQ: ASML), Holding Stock Gained Today?
July 31, 2024 12:00 AM PDT| By Team Kalkine MediaShares of ASML Holdings (NASDAQ:ASML), the world's leading provider of semiconductor manufacturing equipment, were on the rise today, driven by several positive factors. As of 10:18 a.m. ET on Wednesday, the stock had climbed 7.4%. This boost was fue...
Can Amazon Recover After Q2 Earnings Amid Broader Tech Downturn?
July 31, 2024 12:00 AM PDT| By Team Kalkine MediaHeadlines,Market Performance: The "Magnificent 7" tech stocks, including Amazon, have seen a downturn amid broader market concerns about valuations.,Amazon's Position: Amazon's stock has dropped 9.7% from recent highs, nearing correction territory, p...
Stocks Jump on Chip Stock Strength and Fall in Bond Yields
July 31, 2024 12:00 AM PDT| By Team Kalkine MediaThe,S&P 500,Index ($SPX) (SPY) is up by +1.18%, while the Dow Jones Industrials Index ($DOWI) (DIA) is down by -0.09%, and the Nasdaq 100 Index ($IUXX) (QQQ) has risen by +2.29% today.,US stocks are generally performing well, with the S&P 500 and Nas...
Time to Explore Opportunities in Super Micro Computer Stock
July 31, 2024 12:00 AM PDT| By Team Kalkine MediaHeadlines:,AI-Driven Growth: Super Micro Computer is well-positioned to benefit from the growing demand for AI servers, thanks to its advanced hardware solutions.,Index Inclusions: The company's inclusion in both the S&P 500 and Nasdaq-100 this year...
Zscaler (NASDAQ: ZS) Report Reveals Surge in Ransomware Attacks and Record-Breaking Payouts
July 30, 2024 01:56 AM PDT| By Team Kalkine MediaZscaler, Inc. (NASDAQ: ZS), a leader in cloud security, has released its Zscaler ThreatLabz 2024 Ransomware Report, providing an in-depth analysis of the ransomware threat landscape from April 2023 through April 2024. The report reveals a concerning...
Tesla Faces Massive Recall: 1.85 Million Vehicles Impacted by Safety Concern
July 30, 2024 12:00 AM PDT| By Team Kalkine MediaHeadlines:,Tesla Initiates Major Recall for 1.85 Million Vehicles Due to Safety Flaw,Over-the-Air Update Addressing Hood Latch Issue Highlights Advances and Challenges in Automotive Technology,Quality Control and Supplier Management Questions Arise f...
Zynex (NASDAQ: ZYXI) Releases Q2 2024 Financial Results and Business Update
July 28, 2024 11:00 PM PDT| By Team Kalkine MediaZynex, Inc. (,NASDAQ: ZYXI,), a leading medical technology company specialising in non-invasive medical devices for pain management, rehabilitation, and patient monitoring, has announced its financial and operational results for the second quarter en...
Investors Hit the Brakes as This Year's 'Everything Rally' Falters
July 26, 2024 03:00 AM PDT| By Team Kalkine MediaHeadlines:,Wall Street’s Losses Intensify as Megacap Stocks Retreat,Market Volatility Surges Amid Earnings Anxiety and Global Tensions,Geopolitical Risks and White House Uncertainty Add to Market Complexity,Investors are moving away from some of this...
How Oracle Could Leverage AI to Break into the $1 Trillion Market Cap Club
July 26, 2024 01:26 AM PDT| By Team Kalkine MediaHeadlines:,Oracle’s Generative AI Focus Could Boost Its Market Cap Significantly,The Company’s Robust Growth and AI Contracts Point to a Strong Future,Projected Revenue Growth Could See Oracle Join the $1 Trillion Club by 2032,Recent advancements in...
Tech Stocks Plunge Leads to Sharp Declines in US and Asian Markets
July 25, 2024 10:31 AM PDT| By Team Kalkine MediaHeadlines:,US and Asian financial markets experience significant declines due to a major sell-off in technology shares, particularly AI-related stocks.,Prominent companies like Nvidia, Alphabet, Microsoft, Apple, and Tesla see,substantial,drops,,impa...
Roper Technologies (Nasdaq:ROP) Reveals Q2 2024 Results and Updates Full-Year Guidance
July 24, 2024 11:55 PM PDT| By Team Kalkine MediaRoper Technologies, Inc. (,Nasdaq:ROP,) has released its financial results for the second quarter ending June 30, 2024, showing significant progress in various key metrics. The company's performance highlights its resilience and strategic growth, des...
OneStream IPO: Finance Software Firm Debuts on Nasdaq
July 24, 2024 12:00 AM PDT| By Team Kalkine MediaSummary:,- OneStream, a software firm from Detroit, launches its IPO today.,- The company, founded in 2012, offers financial software solutions.,- OneStream’s shares will be listed on Nasdaq under the ticker “OS.”,- The IPO includes 24.5 million Clas...
Cybersecurity Stocks to Keep an Eye On: CrowdStrike Falters and Google-Wiz Deal Unravels
July 24, 2024 12:00 AM PDT| By Team Kalkine MediaSummary:,- Increased interest in cybersecurity stocks is fueled by high-profile hacking incidents and the rise of artificial intelligence (AI).,- Despite positive trends for some companies, the sector faces challenges, including a recent decline in o...
Intuitive Reports (Nasdaq: ISGR) Strong Q2 2024 Financial Results with 14% Revenue Growth
July 22, 2024 10:45 PM PDT| By Team Kalkine MediaIntuitive (,Nasdaq: ISRG,), a global technology leader in minimally invasive care and a pioneer in robotic-assisted surgery, has announced robust financial results for the second quarter ending June 30, 2024. The company reported a significant increa...