Technology

Why Did Zscaler's Quarterly Revenue Surge Over Last Year’s Levels?
December 23, 2024 08:46 PM AEDT| By Team Kalkine MediaHighlights,Zscaler specializes in cybersecurity, emphasizing cloud security solutions for businesses.,Revenue for the quarter increased compared to the same period last year.,Earnings results reflected improved performance and exceeded market expecta...

Intelligent Living Application Group Inc. (NASDAQ: ILAG) Reports Mixed Financial Performance for H1 2024 with Revenue Growth
December 23, 2024 04:14 PM AEDT| By Team Kalkine MediaHighlights,Revenue increased by 131.1% year-over-year, reaching $4.47 million.,Gross profit surged by over 5700%, marking a significant improvement in profitability.,Despite growth, the company recorded a net loss of $2.25 million, though improved fr...
Faraday Future (Nasdaq: FFIE) Secures $30 Million Financing to Accelerate Growth and FX Strategy Development
December 23, 2024 02:56 PM AEDT| By Team Kalkine MediaHighlights,Faraday Future receives $30 million financing to boost growth and develop FX strategy.,FX prototype mules to arrive in Los Angeles for testing and development.,The company aims to target the U.S. mainstream market with affordable AIEVs.,Fa...

TDS: Strong Performance and Growth Ahead
December 23, 2024 03:48 AM AEDT| By Team Kalkine MediaHeadlines,Strong performance: Telephone and Data Systems sees impressive price surge, reaching yearly highs.,Stable valuation: Stock trading slightly above intrinsic value, indicating reasonable pricing.,Growth prospects: Projected profit growth sugg...

Analyzing EnerSys:Current Valuation and Future Opportunities
December 23, 2024 02:18 AM AEDT| By Team Kalkine MediaHeadlines,EnerSys,(NYSE:ENS),has seen notable price fluctuations recently, sparking interest among market observers.,The company's current valuation aligns closely with its intrinsic value, suggesting limited immediate price adjustments.,High volatil...

Brady Corporation's Institutional Influence: A Key Factor in Its Future
December 23, 2024 02:05 AM AEDT| By Team Kalkine MediaHeadlines,Institutional Ownership Dominates Brady Corporation,Top Ten Shareholders Hold a Significant Stake,Recent Insider Selling Raises Questions,Institutional investors play a pivotal role in the ownership dynamics of Brady Corporation,(NYSE:BRC),...

Exploring Rubrik's (NYSE:RBRK) Market Movements and Hedge Fund Interest
December 21, 2024 04:05 AM AEDT| By Team Kalkine MediaHighlights,Significant share sale by Brian K. McCarthy.,Rubrik's recent stock performance and trading volume.,Institutional investors’ growing stake in Rubrik.,Rubrik, Inc. saw notable activity as Brian K. McCarthy sold 28,485 shares, drawing attenti...

Accenture (NYSE:ACN) Sees Positive Market Reaction After Earnings
December 21, 2024 03:18 AM AEDT| By Team Kalkine MediaHighlights,Accenture sees 7.1% stock increase after strong earnings.,The company reports better-than-expected revenue and earnings per share.,Accenture maintains a solid position in the technology sector.,Accenture plc. a leading player in the global...

C3.ai (NYSE:AI) Shows Strong Institutional Interest and Insider Action
December 21, 2024 03:17 AM AEDT| By Team Kalkine MediaHighlights,ai sees insider transactions with notable share sales.,Institutional investors continue to hold a significant stake in C3.ai.,ai’s market performance is driven by insider and institutional movements.,C3.ai Inc. a leading provider of enterp...

Vishay Intertechnology (NYSE:VSH) Underperforms in Latest Earnings Report
December 21, 2024 03:11 AM AEDT| By Team Kalkine MediaHighlights,Vishay Intertechnology reports a 13.9% year-over-year revenue decline.,Institutional investors hold 93.66% of Vishay Intertechnology’s shares.,Company missed earnings expectations, reporting $0.08 per share for the quarter.,Vishay Intertec...

Vertiv (NYSE: VRT) Acquires Assets and Technologies of BiXin Energy Technology to Expand Cooling Solutions Portfolio
December 20, 2024 11:44 PM AEDT| By Team Kalkine MediaHighlights,Vertiv strengthens its portfolio with high-capacity cooling solutions for AI and compute applications.,The acquisition enhances Vertiv's presence in Asia, leveraging BSE’s established brand and patents.,Partnership with BSE expands Vertiv'...

Humacyte (NASDAQ: HUMA) Receives FDA Full Approval for SYMVESS, a First-in-Class Bioengineered Vascular Conduit
December 20, 2024 11:40 PM AEDT| By Team Kalkine MediaHighlights,SYMVESS is FDA-approved for urgent revascularization to prevent limb loss in adults.,Clinical trials showed high patency rates and low amputation/infection rates for SYMVESS.,Humacyte is prepared for immediate commercial launch, with a tra...

Cloudflare's Analyst Ratings: Mixed Perspectives Emerge
December 20, 2024 09:29 PM AEDT| By Team Kalkine MediaHeadlines,Analysts Adjust Price Targets for Cloudflare,(NYSE:NET),Research Firms Share Mixed Opinions on Cloudflare's Performance,Cloudflare, Inc. has received a consensus rating from analysts, who have largely adopted a neutral stance on the stock....

Is GigaMedia Losing Momentum After Crossing Its 200-Day Moving Average?
December 20, 2024 08:14 PM AEDT| By Team Kalkine MediaHighlights,GigaMedia Limited shares exceeded their 200-day moving average in trading.,The stock’s 200-day moving average was $1.36, reaching a high of $1.46.,Recent trading saw GigaMedia Limited shares close at $1.45 with 5,000 shares traded.,GigaMed...

Why Did Rubrik’s CFO Reduce Their Stake Amid Market Activity?
December 20, 2024 07:37 PM AEDT| By Team Kalkine MediaHighlights,CFO divested shares of Rubrik, Inc. in a notable transaction.,Post-transaction holdings of CFO reflect significant equity stake.,Transaction details disclosed through regulatory filing.,Rubrik, Inc.,(NASDAQ:RBRK),, operating in the data ma...

Elastic Gains Momentum with Increased Institutional Backing
December 20, 2024 04:58 PM AEDT| By Team Kalkine MediaHeadlines,Orion Portfolio Solutions LLC takes a position in Elastic.,Hedge fund activity shows increased interest in Elastic.,Institutional investors own the majority of Elastic’s shares.,Orion Portfolio Solutions LLC recently made a strategic move b...

The Value of Dynatrace, Inc. (NYSE:DT) Stock Amid Market Movements
December 20, 2024 06:19 AM AEDT| By Team Kalkine MediaHighlights,Dynatrace’s stock has seen significant fluctuations on the NYSE.,Stock is currently trading below its intrinsic value, with room for growth.,The company anticipates substantial profit growth in the coming years.,Dynatrace Holdings LLC. has...

AMETEK Sees Significant Stake Changes Among Institutional Investors
December 20, 2024 04:20 AM AEDT| By Team Kalkine MediaHeadlines,XTX Topco Ltd reduces AMETEK,(NYSE:AME),stake by 87.3%,Institutional investors boost AMETEK holdings during the 3rd quarter,AMETEK remains a popular choice among institutional investors,XTX Topco Ltd Reduces AMETEK Stake,XTX Topco Ltd made...

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...