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tech-stocks: Archive

Sheraz Mian

Earnings Growth Poised to Accelerate

A big part of this year's earnings growth is expected to come from margins reversing last year's declines and starting to expand again. The revisions trend continues to show positivity, with expectations for 2024 Q2 and full-year 2024 modestly moving higher.

AAPLPositive Net Change NVDANegative Net Change TSLANegative Net Change

Sheraz Mian

Earnings Growth Poised to Accelerate

A big part of this year's earnings growth is expected to come from margins reversing last year's declines and starting to expand again. The revisions trend continues to show positivity, with expectations for 2024 Q2 and full-year 2024 modestly moving higher.

AAPLPositive Net Change NVDANegative Net Change TSLANegative Net Change

Mark Vickery

Another Flat Day with Big Afternoon Earnings: ARM, ABNB & More

Over the past week or so of trading, the major indices have been treading water.

ARMNegative Net Change TTDNegative Net Change ABNBNegative Net Change

Shaun Pruitt

2 Tech Stocks to Consider After Impressive Q1 Earnings Beats

Boasting a Zacks Rank #1 (Strong Buy), here are two tech stocks to consider after crushing Q1 EPS estimates on Tuesday, May 7.

ANETPositive Net Change HEARPositive Net Change

Zacks Equity Research

UBER's Q1 Loss Wider Than Estimates, Revenues Increase Y/Y

UBER's first-quarter 2024 revenues improve year over year.

GOOGLNegative Net Change LYFTPositive Net Change UBERNegative Net Change

Zacks Equity Research

Jack Henry (JKHY) Q3 Earnings & Revenues Top Estimates, Up Y/Y

Jack Henry's (JKHY) third-quarter fiscal 2024 results benefit from strength across the Core, Complementary, Payments and Corporate segments.

BMIPositive Net Change JKHYNegative Net Change GOOGLNegative Net Change ANETPositive Net Change

Zacks Equity Research

RingCentral (RNG) Q1 Earnings Top Estimates, Revenues Up Y/Y

RingCentral's (RNG) first-quarter 2024 results benefit from a robust product portfolio and strong subscription revenue growth.

NVDANegative Net Change RNGPositive Net Change BWPositive Net Change AKTSNegative Net Change

Zacks Equity Research

DigitalOcean (DOCN) to Post Q1 Earnings: What's in Store?

DigitalOcean's (DOCN) first-quarter 2024 performance is likely to reflect benefits from a robust product portfolio and strong demand for its cloud services.

NVDANegative Net Change APositive Net Change AMATPositive Net Change DOCNNegative Net Change

Zacks Equity Research

CrowdStrike (CRWD) Upgrades Falcon Next-Generation SIEM Solution

CrowdStrike (CRWD) upgrades its Falcon Next-Generation SIEM solution to improve the speed, data visualization capability and monitoring performance.

CRMPositive Net Change NVDANegative Net Change ANETPositive Net Change CRWDPositive Net Change

Zacks Equity Research

Will Healthy Revenue Growth Boost Akamai's (AKAM) Q1 Earnings?

Akamai (AKAM) is expected to report a top-line expansion year over year, backed by healthy demand trends in several verticals.

NVDANegative Net Change AKAMPositive Net Change CCOIPositive Net Change SONYNegative Net Change

Zacks Equity Research

Micron Technology (MU) Announces Availability of New Product

Micron Technology (MU) announces the availability of Crucial LPCAMM2. It is a laptop memory form factor that has LPDDR5X mobile memory integrated into it.

CRMPositive Net Change MUPositive Net Change NVDANegative Net Change ANETPositive Net Change

Sweta Killa

Apple ETFs in Focus Post New iPad Launch

Apple (AAPL), during a virtual launch event, unveiled a new lineup of iPads for the first time in two years.

AAPLPositive Net Change QQQNegative Net Change XLKPositive Net Change FTECPositive Net Change IYWPositive Net Change VGTPositive Net Change

Shuvra Shankar Dey

Should You Buy GigaCloud Technology (GCT) Ahead of Q1 Earnings?

We expect GigaCloud Technology (GCT) to report strong top and bottom lines in the first quarter of 2024.

MANNegative Net Change OMCPositive Net Change EFXNegative Net Change GCTNegative Net Change

Zacks Equity Research

Cirrus Logic (CRUS) Q4 Earnings & Revenues Top Estimates

Cirrus Logic's (CRUS) fiscal fourth-quarter performance benefits from solid sales of smartphones amid a reduction of the general market and custom components.

BMIPositive Net Change CRUSPositive Net Change ANETPositive Net Change PINSPositive Net Change

Zacks Equity Research

TELUS (TU) Acquires Vumetric to Address Rising Cyber Threats

TELUS (TU) acquires Vumetric to offer a modern and user-focused approach to cybersecurity testing.

TUNegative Net Change BMIPositive Net Change ANETPositive Net Change PINSPositive Net Change

Nalak Das

Pick These 5 Mid-Cap Technology Stocks to Enrich Your Portfolio

We have narrowed our search to five mid-cap technology stocks that have strong potential for the rest of 2024. These are AMKR, APPF, BMI, CLS and GWRE.

BMIPositive Net Change CLSPositive Net Change GWRENegative Net Change AMKRNegative Net Change APPFNegative Net Change

Zacks Equity Research

Toast (TOST) Q1 Loss Narrower Than Expected, Revenues Up Y/Y

Toast's (TOST) first-quarter 2024 results benefit from expansion in locations, higher gross payment volume and strong growth in recurring revenues.

NVDANegative Net Change BWPositive Net Change DBXNegative Net Change TOSTPositive Net Change

Zacks Equity Research

Reddit (RDDT) Q1 Earnings Beat Estimates, Revenues Up Y/Y

Reddit's (RDDT) first-quarter 2024 results benefit from strong daily active user growth and higher ARPU.

NVDANegative Net Change BWPositive Net Change DBXNegative Net Change RDDTPositive Net Change

Aniruddha Ganguly

3 Electronics Stocks to Buy From a Prospering Industry

Electronics stocks like KLA (KLAC), Garmin (GRMN) and Trimble (TRMB) are expected to benefit from investments in infrastructure and expanded capacity despite macroeconomic headwinds.

KLACPositive Net Change GRMNNo Net Change TRMBNegative Net Change

Zacks Equity Research

Bandwidth (BAND) Q1 Earnings Beat, 2024 Guidance Raised

Healthy demand for cloud communication services in several end markets, including healthcare, retail and airline industries, leads to top-line growth year over year for Bandwidth (BAND) in the first quarter of 2024.

SIMONegative Net Change ANETPositive Net Change BANDNegative Net Change PINSPositive Net Change

Zacks Equity Research

Aspen (AZPN) Q3 Earnings & Revenues Surpass Estimates, Up Y/Y

Aspen (AZPN) reports solid fiscal third-quarter results driven by healthy performance across all revenue segments amid cautious consumer spending.

NVDANegative Net Change AZPNPositive Net Change ANETPositive Net Change PINSPositive Net Change

Zacks Equity Research

What's in the Offing for Gen Digital (GEN) This Earnings Season?

While the increased demand for cybersecurity and ID analytics solutions is expected to aid Gen Digital's (GEN) Q4 top line, higher interest expenses and the equity dilution impact are likely to have weighed on the bottom line.

NVDANegative Net Change APositive Net Change GENPositive Net Change ZSNegative Net Change

Zacks Equity Research

Twilio (TWLO) Q1 Earnings Beat, Shares Fall on Dim Outlook

While headwinds from crypto customers and the unsetting of the software component of the Zipwhip business hurt Twilio's (TWLO) Q1 top-line growth, lower expenses and a reduced share count aid the bottom line.

CRMPositive Net Change NVDANegative Net Change PAYCNegative Net Change TWLONegative Net Change

Zacks Equity Research

Arista (ANET) Beats Q1 Earnings Estimates on Solid Revenues

Healthy top-line growth led by strength in the enterprise vertical enable Arista (ANET) to beat first-quarter 2024 earnings estimates.

AKAMPositive Net Change ANETPositive Net Change KEYSPositive Net Change CCOIPositive Net Change

Supriyo Bose

3 Momentum Anomaly Stocks to Bet on as Markets Move Northward

Royal Caribbean (RCL), Super Micro Computer (SMCI) and Leidos (LDOS) are currently witnessing a short-term pullback in price. So, make sure you take full advantage of it.

RCLPositive Net Change SMCIPositive Net Change LDOSPositive Net Change