Technology

Sunbelt Securities Inc. Reduces ServiceNow (NYSE:NOW) Position
December 12, 2024 04:15 AM AEDT| By Team Kalkine MediaHighlight,Sunbelt Securities Inc. cut its ServiceNow stake by 14.5%.,Institutional investors raised their positions in the company.,ServiceNow surpassed quarter3 earnings expectations.,ServiceNow Inc. has seen changes in its institutional ownership,...

Why Did Mastech Digital Shares Drop Amid Reduced Trading Volume?
December 11, 2024 07:03 PM AEDT| By Team Kalkine MediaHighlights:,Mastech Digital, Inc. saw a decline in share value.,The stock traded lower at $14.30, dropping by 4.3%.,The trading volume was significantly below average, with a 61% drop.,Mastech Digital, Inc.,(NYSE:MHH),operates in the information tech...

Amphenol (NYSE:APH) Combining Dividend Strength with Market Confidence
December 11, 2024 04:05 AM AEDT| By Team Kalkine MediaHighlights,Amphenol shares up 173% in 5 years.,Achieved 23% CAGR, outpacing earnings growth.,Total shareholder return of 186% over 5 years.,Amphenol Corporation has delivered impressive growth over the past five years, with a 173% rise in its share p...

Tyler Technologies (NYSE:TYL)Tech Innovation in the Public Sector
December 11, 2024 03:10 AM AEDT| By Team Kalkine MediaHighlights,Tyler Technologies exceeded quarterly earnings expectations.,Over 90% of its stock is held by institutional investors.,The company boasts a market capitalization of $26.61 billion.,Tyler Technologies Inc. is a leading player in the public...

PAR Technology Co. (NYSE:PAR) Navigates Through Market Volatility
December 11, 2024 03:05 AM AEDT| By Team Kalkine MediaHighlights,PAR Technology Co. shows strong institutional backing with recent portfolio increases.,The company’s software solutions cater to the restaurant and retail industries.,PAR’s stock has seen a price range between $37.74 and $82.24 in the past...

onsemi to Acquire Qorvo’s SiC JFET Business in $115Mn Deal to Boost Power Portfolio for AI Data Centers
December 10, 2024 05:07 PM AEDT| By Team Kalkine MediaHighlights,Strategic Acquisition:,onsemi to acquire Qorvo’s Silicon Carbide Junction Field-Effect Transistor (SiC JFET) technology and United Silicon Carbide subsidiary for $115 million in cash.,Expanding Market Reach:,The deal positions onsemi to ad...

LGL Group (NYSE:LGL) Advancing Time & Frequency Solutions
December 07, 2024 03:10 AM AEDT| By Team Kalkine MediaHighlights,The LGL Group specializes in time and frequency instruments.,Electronic Instruments and Merchant Investment.,Institutional investors hold 30.28% of LGL’s shares, indicating strong support.,The LGL Group Inc. is a prominent player in the te...

Tyler Technologies (NYSE:TYL) Leading Public Sector Tech Growth
December 07, 2024 03:05 AM AEDT| By Team Kalkine MediaHighlights,Tyler Technologies leads in government tech solutions.,Solid earnings growth and financial stability.,Diverse products drive public sector success.,Tyler Technologies continues to lead in providing cutting-edge solutions that optimize gove...

Domo Reports Flat Revenue for Q3 CY2024, Despite Beating Expectations
December 06, 2024 05:58 PM AEDT| By Team Kalkine MediaHighlights,Flat Revenue Growth:,Domo’s Q3 CY2024 revenue was flat year on year, totaling $79.76 million, though it beat Wall Street’s expectations by 2.9%.,Profitability Improvement:,The company's non-GAAP loss of $0.08 per share was significantly be...

Veeva Systems Surpasses Q3 Revenue Expectations, Signals Resilient Growth in Life Sciences Software
December 06, 2024 05:51 PM AEDT| By Team Kalkine MediaHighlights,Strong Q3 Results:,Revenue rose 13.4% year-over-year to $699.2 million, exceeding market expectations. Non-GAAP EPS of $1.75 also beat consensus by 10.7%.,Future Outlook:,Veeva projects a 10.6% revenue increase in Q4 CY2024, with analysts...

Teradata (NYSE:TDC) Boosts Returns with Efficient Capital Use
December 06, 2024 04:25 AM AEDT| By Team Kalkine MediaHighlights,Teradata's ROCE has increased by 395% over the past five years.,The company has reduced its capital usage by 35%, improving efficiency.,A rise in current liabilities is funding Teradata's growing operations.,Teradata Corp has demonstrated...

Riskified Ltd. (NYSE:RSKD) Earnings Beat and Institutional Confidence
December 06, 2024 04:05 AM AEDT| By Team Kalkine MediaHighlights,Analyst Consensus mixed ratings for Riskified.,Earnings Beat Riskified exceeded earnings expectations.,Institutional Interest: 59% of Riskified’s shares are held by institutions.,Riskified Ltd., a provider of e-commerce risk management sol...

Institutional Strength Drives Clearwater Analytics (NYSE:CWAN)
December 06, 2024 04:00 AM AEDT| By Team Kalkine MediaHighlights,Oppenheimer raises Clearwater Analytics target to $40.,50% of Clearwater Analytics shares are held by institutional investors.,Clearwater Analytics continues to expand its financial data management solutions.,Clearwater Analytics Holdings...

Janux Therapeutics (NASDAQ: JANX) Announces Pricing of $350 Million Public Offering
December 05, 2024 09:20 PM AEDT| By Team Kalkine MediaHighlights,Janux Therapeutics (NASDAQ: JANX) has priced a $350 million public offering, consisting of 5,317,460 shares of common stock priced at $63.00 per share and 238,095 pre-funded warrants priced at $62.999 per warrant.,The offering, set to clos...

Fluke Reliability (NYSE: FTV) Survey Reveals Strong Shift Towards AI Adoption in Manufacturing to Address Labor Shortages
December 05, 2024 09:14 PM AEDT| By Team Kalkine MediaHighlights,79% of manufacturers are using AI to address high-skilled labor shortages, according to a recent survey by Fluke Reliability.,The study, which surveyed over 600 senior decision-makers across the US, UK, and Germany, found that 90% of respo...

Helport AI (Nasdaq: HPAI) to Participate in iAccess Alpha Virtual Best Ideas Winter Conference 2024
December 05, 2024 09:10 PM AEDT| By Team Kalkine MediaHighlights,Helport AI (NASDAQ: HPAI), an AI technology leader, will participate in the iAccess Alpha Virtual Best Ideas Winter Conference 2024.,The company’s Chief Financial Officer, Tao Ke, will present on Tuesday, December 10, 2024, at 1:00 p.m. ET...

LG Electronics Partners with Ambarella (NASDAQ: AMBA) to Showcase Advanced Driver Monitoring System at CES 2025
December 05, 2024 07:42 PM AEDT| By Team Kalkine MediaHighlights,LG Electronics and Ambarella will unveil their latest in-cabin solution at CES 2025, enhancing vehicle safety with AI-powered driver monitoring.,The collaboration integrates Ambarella's CV25 AI system-on-chip (SoC) into LG’s Driver Monitor...

Silicon Labs (NASDAQ: SLAB) Ships Four Million FG23 SoCs for Smart Electricity Meters in India’s Advanced Metering Initiative (AMI)
December 05, 2024 07:36 PM AEDT| By Team Kalkine MediaHighlights,Silicon Labs has shipped four million FG23 SoCs for smart electricity meters as part of India's AMI program.,The FG23 SoC, using Wirepas RF mesh technology, ensures ultra-reliable, scalable, and efficient smart metering solutions.,The tech...

Salesforce (NYSE:CRM) Stock Performance and Institutional Support
December 05, 2024 05:41 AM AEDT| By Team Kalkine MediaHighlights,Strong institutional stake impacts Salesforce’s stock movements.,Multiple price target increases reflect a positive market outlook.,Revenue growth persists despite a slight EPS miss, showing strong fundamentals.,Salesforce.com Inc, a leadi...

Understanding SAP SE’s (NYSE:SAP) Stock Performance and Analyst Outlook
December 05, 2024 03:45 AM AEDT| By Team Kalkine MediaHighlights,SAP SE ADR receives an average rating from analysts..,Analysts have raised SAP’s price target, with some estimates up to $300.,Institutional ownership remains strong, with significant hedge fund activity.,SAP SE, a global leader in enterpr...