As is the case with CA, Broadcom wants to significantly cut the spending of Symantec's enterprise security unit and streamline its offerings. But the unit faces a tougher competitive environment than CA's core mainframe software business.
Uber's crash on earnings does not mean the stock is totaled according to analysts covering the stock.
Uber Technologies is taking longer than anticipated to reach profitability as the differences between its business and Lyft become more pronounced.
As a serious trade I like the calls that expire next Friday.
Lyft is beginning to drive towards profitability as duopoly dynamics set in.
Steadily, the once-revered markets of Brazil, Russia, India and China have become hazardous places to do business.
Ultimately, NEWR should right the ship with its New Relic One product, but the stock may be dead money for several months, as it's now rapidly declining in both revenue growth and expansion rates before it actually hits large numbers.
Let's check out the charts and indicators.
Investments by major enterprise software firms in AI/machine learning features are growing considerably. Chip developers and cloud service providers that make a lot of these investments possibly stand to benefit.
The charts are signaling too much downside risk.