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Zacks News
Teradata (TDC) Expands Cloud Offering With VantageCloud Lake
by Zacks Equity Research
Teradata (TDC) unveils VantageCloud Lake to provide scalability and durability, and maximize the consumption cost for workload management and workload isolation.
NetApp (NTAP) Extends Existing Partnership With VMware (VMW)
by Zacks Equity Research
NetApp (NTAP) collaborates with VMware (VMW) to help customers reduce the cost and risk of modernizing data-intensive workloads in multi-cloud environments.
SONY Plans to Tap Mobile Gaming Market With Savage Game Buyout
by Zacks Equity Research
Sony announces the acquisition of Savage Game Studios for an undisclosed amount to further bolster its mobile gaming efforts.
JOYY (YY) Q2 Earnings Beat Estimates, Revenues Decline Y/Y
by Zacks Equity Research
JOYY's (YY) second-quarter 2022 results hurt by global macroeconomic uncertainties and the seasonality impact of the Ramadan holiday in the Middle East.
Vishay's (VSH) New Inductor Boosts Passive Component Offering
by Zacks Equity Research
Vishay (VSH) introduces the IHSR-6767GZ-5A inductor, which is likely to drive momentum across high-current filtering applications.
SONY Raises Price of PS5 Amid Global Economic Challenges
by Zacks Equity Research
SONY announces raising the price of its PlayStation 5 (PS5) console due to rising inflation and weakness in yen.
Onto Innovation (ONTO) Sets Up Training Center to Aid Clients
by Zacks Equity Research
Onto Innovation (ONTO) announces a new training center in South Korea to aid its clients across Asia in utilizing its diversified portfolio of solutions.
VMware (VMW) Q2 Earnings Beat Estimates, Revenues Rise Y/Y
by Zacks Equity Research
VMware's (VMW) second-quarter fiscal 2023 results reflect top-line growth, driven by robust Subscription & SaaS revenues.
PayPal (PYPL) Expands Portfolio With Grant Payments Launch
by Zacks Equity Research
PayPal (PYPL), in partnership with the National Philanthropic Trust and Vanguard Charitable, unveils Grand Payments to help grant makers make quick and secure online donations to charities.
Jack Henry (JKHY) to Unveil Financial Crimes Defender Platform
by Zacks Equity Research
Jack Henry (JKHY) announces plans to launch a financial crimes platform to help financial institutions detect fraud and protect their businesses.
DOMO's Loss Narrows in Q2, Revenues Fall Shy of Estimates
by Zacks Equity Research
DOMO's second-quarter fiscal 2023 results reflect top-line growth, driven by an upside in the subscription business segment.
BOX Q2 Earnings Match Estimates and Revenues Increase Y/Y
by Zacks Equity Research
BOX's second-quarter fiscal 2023 results reflect gains from the growing adoption of Content Cloud, aided by strong multi-product offerings and successful deals.
NetApp (NTAP) Q1 Earnings & Revenues Top Estimates, Up Y/Y
by Zacks Equity Research
NetApp (NTAP) first-quarter performance benefits from strong revenue growth for the Hybrid and Public Cloud business segments.
Garmin (GRMN) Expands Customer Base With Arctic Cat Selection
by Zacks Equity Research
Textron's Arctic Cat chooses Garmin's (GRMN) Tread navigators to outclass the new Wildcat XX Black Hills Edition side-by-side vehicles.
Aspen's (AZPN) Artificial IoT Solutions Used by Birla Carbon
by Zacks Equity Research
Aspen Technology's (AZPN) AIoT solution being leveraged by Birla Carbon to scale enterprise visibility across nine manufacturing sites globally.
Lumen's (LUMN) Sale of ILEC to Brightspeed Approved by FCC
by Zacks Equity Research
Lumen Technologies' (LUMN) sale of the company's ILEC operations in 20 states to Brightspeed has been approved by FCC.
4 Giant Converging U.S. Tech Groups
by John Blank
Can 4 monster U.S. tech groups keep the S&P500 afloat?
Should Investors Retain CDW Stock Post Q2 Earnings Release?
by Zacks Equity Research
CDW performance is gaining from solid demand for its hardware and software products. However, high debt load and increasing expenses are major concerns.
SONY Reportedly Faces Lawsuit Due to Higher Pricing in UK
by Zacks Equity Research
Sony faces lawsuit due to overpricing millions of PlayStation customers in the UK, per a Financial Times report.
Blackbaud (BLKB) Acquires Kilter to Support TeamRaiser App
by Zacks Equity Research
Blackbaud (BLKB) announces the acquisition of Kilter to expand activity-based peer-to-peer fundraising engagement.
Vishay's (VSH) New Products Aid Discrete Semiconductor Portfolio
by Zacks Equity Research
Vishay (VSH) introduces four FRED Pt Gen 5 600 V Ultrafast rectifiers, which are likely to drive its momentum across industrial applications.
Zoom (ZM) Q2 Earnings Beat, Revenue Growth Hits New Low
by Zacks Equity Research
Zoom's (ZM) second-quarter fiscal 2023 results reflect lower revenue growth. The company trims the annual outlook.
The Zacks Analyst Blog Highlights Arista Networks, STMicroelectronics and Extra Space Storage
by Zacks Equity Research
Arista Networks, STMicroelectronics and Extra Space Storage are included in this Analyst Blog.
Jackson Hole: Global Week Ahead
by John Blank
How big will future rate hikes be? How strong is the economy? What about quantitative tightening? Investors hope the Federal Reserve may shed light on those questions when central banking heavyweights meet on Aug. 25-27 for their annual symposium.
Should Investors Retain America Movil (AMX) in their Portfolio?
by Zacks Equity Research
America Movil (AMX) expects to gain from increasing broadband client base. However, increasing costs and leveraged balance sheets remain a concern.