|Day Low/High||190.28 / 194.81|
|52 Wk Low/High||117.24 / 194.81|
An $11 billion deal to buy cloud HR software firm Ultimate Software is the latest in a string of major software M&A transactions. More are likely on the way.
Here's why these companies do well in a choppy environment.
Whether this is the end of the slump is still up for debate, but the crash since October has been brutal and all bear markets end the same way.
As the market has encountered a bit of volatility and tech stocks began to falter overall, many cloud companies have outpaced the market on the way down.
Let's see how far this breakout can carry.
Use it to your advantage or don't use it at all.
There are some solid individual names in tech, but traders must be selective.
Recent earnings reports from several major software firms suggest business trends remain pretty good for the group.
They might be the best tech stocks to own going from now until the end of the year.
I can see this group bottoming a heck of a lot faster than others.
At market tops there is often a disconnect between the fundamentals and the share price action.
What the Fed needs to see is how many jobs are really in jeopardy from a digitized world and how digitization is keeping inflation in check.
Let's check out some upgrades, downgrades and more.... Upgrades: * Domino's Pizza at Maxim Group to a Buy with a new $310 price target, up from $305 * Workday at Bernstein fetches a new Outperform rating Downgrades: * Lennar and Meritage are hit wit...
Can we possibly have had a huge sell-off and then a rally to be in the black?
When rates get to where they have to go we are going to have a slowdown that will be regarded as stagflationary.
There's always a tendency when we see these tech sell-offs to play pin the tail on the reason.
Investors don't know how to price in the impact of the Senate Intelligence Committee hearings on tech stocks.
Some stocks can't go up forever and others deserve a little time in the sun too.
Today's slight pullback was actually a positive as it allowed for some much needed consolidation.
We've looked at an updated daily chart of WDAY this morning.
September tends to be a positive month for NKE.
They are are all strong companies riding a giant secular wave that's still early despite many a doubter.
Damon Fletcher, who was named Tableau's permanent CFO last month, talks to TheStreet about the analytics vendor's new products, competition and more.
With Microsoft about to post earnings, we took a look back at when Jim Cramer called the Cloud Kings, the new FAANG.
Cloud stocks, unlike most of tech, are less exposed to Chinese revenue and tariffs.
When you get no instant retaliation from China and instead get the companies trying to crack into China see their stocks rallying, it emboldens you to think, wow, I don't want to be cross-wise with this one.
Last night Red Hat reported weak results - with billings failing to meet consensus expectations. Reflecting disappointing bookings and foreign exchange headwinds, forward guidance was lowered. Red Hat's press release commentary (following , and disa...