|Day Low/High||53.00 / 54.40|
|52 Wk Low/High||25.51 / 59.17|
WDAY looks ready to break out as traders weigh wether markets are now overbought after this 2-day run.
In their own ways, enterprise hardware and software demand are coming under pressure, as is chip demand in some end-markets.
Rate cuts and other Fed actions are motivating some tech companies to raise funds or refinance existing debt.
What we have witnessed in recent days would be Wall Street and corporate America in aggregate finding great difficulty in quantifying what is clearly at this point, unknowable.
A wide variety of tech companies are likely to see their March-quarter sales hurt by the coronavirus outbreak's impact on Chinese demand and/or manufacturing.
Reports suggest Dell Technologies is nearing a deal to sell its RSA cybersecurity business to technology focused private equity firm STG Partners LLC for more than $2 billion. This continues the hot streak of cybersecurity deals of late that not on...
The latest estimates from research firm Gartner suggest enterprise software spend could grow at a double-digit rate both this year and next.
Intel CPU shortages and the end of a business PC upgrade cycle are both likely to weigh on near-term PC demand.
Let's check a key difference between the late '90s and now, and why it's hard to get excited over this market.
AMD's latest notebook processor launches put it on much stronger footing in the market for 15-watt processors going into ultrabooks and other thin-and-light notebooks.
Beijing is intent on reducing its dependence on American hardware, software and chips. But reducing it and eliminating are two very different things.
Let me take a stab at what's going on here.
The PC giants said they now expect Intel CPU shortages to continue into 2020, with Dell indicating costlier CPUs are now also affected. That could spell a bigger opening for AMD.
China honors November 11 with an e-commerce extravaganza due to set one-day sales records. However, China's stock markets take a hit due to Hong Kong 'hitch.'
While U.S. and Chinese firms are trying to fully disengage with each other, many are trying to guarantee that they have options should economic tensions worsen.
It's far from certain that Xerox can digest HP, and it would face plenty of challenges if it did. But with Xerox's core businesses continuing to decline, the company might be feeling desperate.
EPYC processor revenue and unit sales jumping more than 50% have paced the way for AMD.
Outlining Okta's earnings prospects on Wednesday is a tale of tempting TAM and troublesome valuation.
I see VMW trading in the high $130s and my engine gets running.
I want you to be calm and collected and I will not scare you with false fears.
As NetApp tumbled and sparked a broader selloff in enterprise hardware stocks, AWS and other cloud giants are still reporting strong growth.
Traders and investors were disappointed recently when the IT company did not raise guidance and that weakness does not look like it has run its course.
This matters: Why the sudden 'weakness' across European debt markets?
Let's look at the charts of both of these companies.
Analysts now expect an earnings recession to become reality after negative Q1 growth, and ahead of projected negative Q2 growth.
It's far from certain that the Commerce Department plans to subject chip sales to Huawei to government review will lead to a full-blown sales ban.
PVTL operates in a sector of business where I want involvement.