Tech
Arista Networks: Strong Analyst Support and Upward Price Target Revisions
December 19, 2024 09:45 PM AEDT| By Team Kalkine MediaHeadlines,Arista Networks' stock receives solid support from brokers,Multiple analysts set higher price targets for ANET,Arista Networks attracts positive ratings despite recent adjustments,Arista Networks, Inc.,(NYSE:ANET),has gained significant att...
Why Are AI Firms Like Vultr Attracting Billions in Funding?
December 19, 2024 08:05 PM AEDT| By Team Kalkine MediaHighlights,Vultr raised $333mn to expand its global data center network.,Investment targets include enhancing AI capabilities using GPUs from AMD and Nvidia.,Strategic partnerships position Vultr amid rising demand for AI-driven infrastructure.,Cloud...
What Led to Tencent Losing Board Representation at Epic Games?
December 19, 2024 07:52 PM AEDT| By Team Kalkine MediaHighlights,Two Tencent-appointed board members resigned from Epic Games' board.,DOJ raised legal concerns citing antitrust law violations.,Epic plans to appoint independent directors as replacements.,Tencent',(OTC:TCEHY),s involvement with Epic Games...
Sangamo Therapeutics, Inc. (Nasdaq: SGMO) Enters License Agreement with Astellas Pharma Inc. for Novel STAC-BBB Capsid for Neurological Diseases
December 19, 2024 07:32 PM AEDT| By Team Kalkine MediaHighlights,Sangamo and Astellas forge a groundbreaking partnership to treat neurological diseases.,Astellas gains exclusive worldwide rights to use STAC-BBB capsid for gene therapies.,Sangamo to receive $20 million upfront, with potential for $1.3 bi...
Himax Technologies, Inc. (Nasdaq: HIMX) to Showcase Cutting-Edge 3D Naked-Eye Display Solutions at CES 2025
December 19, 2024 07:26 PM AEDT| By Team Kalkine MediaHighlights,Himax introduces groundbreaking 3D naked-eye display technology for AR/VR applications.,Company to present low-latency, high-performance solutions for immersive 3D experiences.,Himax also showcases its latest 3D Time of Flight (ToF) visual...
Why Is Gorilla Technology Group's Stock Making Headlines This Week?
December 19, 2024 06:37 PM AEDT| By Team Kalkine MediaHighlights,Gorilla Technology operates in advanced tech and cybersecurity solutions globally.,The company’s stock spans diverse highs and lows in its trading performance.,Gorilla Technology features strong liquidity metrics with balanced debt managem...
Why Is Trane Technologies Making a Bold Move in HVAC Innovation?
December 19, 2024 06:24 PM AEDT| By Team Kalkine MediaHighlights,Trane Technologies to acquire BrainBox AI for sustainable HVAC solutions.,BrainBox AI reduces energy use and emissions in commercial buildings globally.,Acquisition expected to close in early 2025, strengthening building management capabil...
Shift4 Payments (NYSE:FOUR) Financial Strength and Expansion Plans
December 19, 2024 04:46 AM AEDT| By Team Kalkine MediaHighlights,Shift4 Payments has seen a significant boost in its stock price target.,The company is showcasing strong growth metrics with increasing market capital.,Shift4 Payments has maintained solid financial ratios, including a high current ratio.,...
Dynatrace (NYSE:DT) Shows Potential with Strong Capital Growth
December 19, 2024 04:42 AM AEDT| By Team Kalkine MediaHighlights,Dynatrace achieves 6.7% return on capital employed.,The company has increased capital employed by 47%.,A noticeable 116% total return over five years demonstrates strong performance.,Dynatrace Holdings LLC. has demonstrated significant gro...
Earnings Update Rogers Co. (NYSE:ROG) Exceeds Expectations
December 19, 2024 04:24 AM AEDT| By Team Kalkine MediaHighlights,State Street Corp raises stake in Rogers Co. by 1.2%.,Rogers surpasses quarterly EPS and revenue estimates.,Rogers excels in advanced electronics and EV materials.,Rogers Corporation continues to make strides in the,NYSE Technology Stocks,...
Why Are These Two Tech Giants Creating Buzz Before Year-End?
December 18, 2024 09:26 PM AEDT| By Team Kalkine MediaHighlights,Palantir and MicroStrategy to join Nasdaq-100 index on December 23.,Palantir excels with AI-driven U.S. commercial revenue growth.,MicroStrategy thrives with significant Bitcoin treasury holdings.,The technology sector has seen notable mom...
Could Recent Leidos Updates Signal Challenges for Defense Data Providers?
December 18, 2024 09:19 PM AEDT| By Team Kalkine MediaHighlights,Leidos awarded GEOINT contract by NGA's Office of Geography.,Contract includes topographic and open-source data support for NGA analysts.,Value up to $107 million over five years if fully extended.,Leidos,(NYSE:LDOS),operates in the defens...
Is the Nasdaq Index Secretly Transforming Gaming Technologies for Good?
December 18, 2024 07:43 PM AEDT| By Team Kalkine MediaHighlights,Nasdaq Index significantly influences the technology sector.,Leading Nasdaq companies drive advancements in gaming technologies.,Emerging technologies like AI and VR enhance gaming experiences.,The,technology sector,, a cornerstone of the...
Could This Cryptographic Development Redefine Cybersecurity in 2025?
December 18, 2024 06:24 PM AEDT| By Team Kalkine MediaHighlights,WISeKey is advancing quantum-resistant cryptographic solutions for digital security.,Quantum RootKey integrates Post-Quantum Cryptography with Hardware Security Modules.,New Quantum Lab focuses on secure solutions across diverse industries...
SK hynix Unveils High-Capacity 61TB SSD for AI Data Centers with Plans for 244TB by 2025
December 18, 2024 04:43 PM AEDT| By Team Kalkine MediaHighlights,New Milestone:,SK hynix launches the PS1012 U.21 SSD with a 61TB capacity, leveraging cutting-edge QLC technology for AI data centers.,Record-Breaking Speeds:,Gen5 PCIe doubles bandwidth, delivering sequential read speeds of 13GB/s, twice...
What’s Causing Nvidia to Drop Despite Market Optimism?
December 17, 2024 07:21 PM AEDT| By Team Kalkine MediaHighlights,Nvidia (NVDA) experiences notable price shifts despite other semiconductor entities advancing.,Elevated valuation metrics prompt questions about recent performance within the market.,Modified product launch timelines coincide with dynamic...
What’s Behind the Recent Volatility in Ambarella’s Stock Performance?
December 17, 2024 07:10 PM AEDT| By Team Kalkine MediaHighlights,Ambarella operates within the semiconductor and image processing sector.,Current stock price stands at $76.22 with a market cap of $3.18B.,Recent insider transactions show a slight decrease in director holdings.,Ambarella,(NASDAQ:AMBA),is...
Why Did Embecta’s Stock Suddenly Surge Beyond Expectations?
December 17, 2024 06:26 PM AEDT| By Team Kalkine MediaHighlights,EMBC opened at $19.99 with a market capitalization of $1.16 billion.,The stock's 50-day SMA is $15.96 and 200-day SMA is $14.71.,EMBC's one-year range spans from $9.93 to $21.48.,Embecta,(NASDAQ:EMBC),operates within the technology sector,...
Mitek Systems Reports Q4 FY24 Revenue Growth, Expects $170-180mn of Revenue in FY25
December 17, 2024 12:51 PM AEDT| By Team Kalkine MediaHighlights,Q4 FY24 revenue grew by 15% year-over-year to $43.2 million.,GAAP operating income of $7.7 million, compared to a loss of $3.3 million in Q4 FY23.,Full-year revenue for FY24 remains stable at $172.1 million, with expectations for FY25 reve...
Red Cat Holdings Highlights Strategic Wins and Expanding Market Presence IN Q2FY25, Projects $80-$120mn revenue in CY25
December 17, 2024 12:45 PM AEDT| By Team Kalkine MediaHighlights,In Q2FY25, RCAT secured a significant U.S. Army Short Range Reconnaissance (SRR) Program of Record win.,Announced a strategic partnership with Palantir Technologies for drone software integration.,Closed a $1 million contract with the U.S....