Technology Stocks

Roper (ROP) & Seagate (STX) stocks rally after Q3 reports

 Roper (ROP) & Seagate (STX) stocks rally after Q3 reports

Highlights Roper Technologies, Inc. (NYSE: ROP) saw its revenue increase 22% to US$1.46 billion in the third quarter of 2021, and gross profit grew 23% YoY. Seagate Technology Holdings (NASDAQ: STX) had a net income of US$526 million, a 13...

Read More...
What’s in store for Facebook in 2022 after a year of hurdles?

What’s in store for Facebook in 2022 after a year of hurdles?

Highlights Facebook reportedly plans to rebrand itself to grow beyond its social media image. The company is spending heavily to build a “Metaverse” and give the best of both the virtual and digital world experience to millions of u...

Read More...
Facebook (FB) stock shrugs off recent losses, jumps 3% on Europe job plan

Facebook (FB) stock shrugs off recent losses, jumps 3% on Europe job plan

The Facebook Inc (NASDAQ: FB) stock was up more than 3% in intraday trading, hours after it announced plans to hire up to 10,000 specialists in Europe to help develop a metaverse. The FB stock traded at US$334.935 at 1:32 pm ET on Monday. Faceboo...

Read More...
Taiwan chipmaker TSMC's Q3 net profit jumps 13.8% on global demand

Taiwan chipmaker TSMC's Q3 net profit jumps 13.8% on global demand

Highlights  The revenue for the July-September period surged 22.6% YoY to US$14.88 billion. TSMC's third-quarter profit rose 13.8% to US$5.56 billion (or 156.3 billion Taiwanese dollars). TSMC has raised its revenue guidance for 2021 to a...

Read More...
Datadog (DDOG) shakes off inflation worries, posts solid YTD gains

Datadog (DDOG) shakes off inflation worries, posts solid YTD gains

Highlights Datadog, Inc’s (NASDAQ: DDOG) trading volume more than doubled to 5,645,099 on Wednesday from the previous close. Its 90-day average volume is 2,537,110. The stock changed hands generously with a turnover of 866.90 million. Da...

Read More...
CrowdStrike (CRWD), Vimeo (VMEO) stocks jump on new offerings, earnings

CrowdStrike (CRWD), Vimeo (VMEO) stocks jump on new offerings, earnings

Highlights CrowdStrike Holdings, Inc. (NASDAQ: CRWD) stock was close to its 52-week highest price on Wednesday. It showcased new offerings at the 5th annual Fal.Con 2021 conference on Oct 12. Vimeo, Inc. (NASDAQ: VMEO) revenue increased by 33% ...

Read More...
Earnings update: Infosys revenue up 20%, Wipro net income jumps 18%

Earnings update: Infosys revenue up 20%, Wipro net income jumps 18%

Highlights Infosys Limited ADR (NYSE: INFY) posted revenue of US$4 billion, a 20.7% increase YoY, and earning per share diluted of US$0.17, reflecting growth of 13% YoY. Wipro Limited (NYSE: WIT) earned gross revenue of US$2.7 billion, a 3...

Read More...
HubSpot (HUBS) stock steals the show after launching payments platform

HubSpot (HUBS) stock steals the show after launching payments platform

Highlights HubSpot, Inc. (NYSE: HUBS) launched a new end-to-end payment solution, called HubSpot Payments. HubSpot is partnering with Stripe to help power the HubSpot Payments. HUBS was founded in 2006. The stock gained 138% in one year. ...

Read More...
SoFi (SOFI), Alibaba (BABA) stocks rally on positive news

SoFi (SOFI), Alibaba (BABA) stocks rally on positive news

Highlights SoFi Technologies, Inc. (SOFI) stock rose after analysts gave an "overweight" rating. SoFi Technologies will release its third-quarter fiscal 2021 results on Nov 10. Alibaba Group Holding Ltd.’s (NYSE: BABA) revenue grew 34% Y...

Read More...
Paltalk (PALT) & Matterport (MTTR): Two trending stocks on Thursday

Paltalk (PALT) & Matterport (MTTR): Two trending stocks on Thursday

Highlights Paltalk, Inc. (PALT) stock gained 593% in a year based on its closing price of US$6.93 on Oct 6. Matterport, Inc. (MTTR) on Thursday said that real estate firm Cushman & Wakefield adopted its technology solution that helped save ...

Read More...
Palantir (PLTR) stocks climb after US$823Mn army contract

Palantir (PLTR) stocks climb after US$823Mn army contract

Highlights Palantir Technologies Inc. (NYSE: PLTR) has been selected to deliver Army’s intelligence data fabric and analytics foundation under Army’s Capability Drop 2 (CD-2) program. The indefinite-delivery, indefinite-quantity (I...

Read More...