Technology stock

Why This 1 IT & Tech Stock Could Be A Great Addition To Your Portfolio

HAt Zacks, we provide our members with many different opportunities to take full advantage of the stock market, as well as how to invest in a way that leads to long-term success. One of our most popular services, Zacks Premium offers daily Zacks Ranking and Zacks Industry Ranking updates; full access to the Zacks #1 […]

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Why International Game Technology stock jumped 12.5% ​​on Tuesday

What happened Gaming Industry Supplier Shares International game technology (NYSE:IGT) jumped as much as 12.5% ​​in trading on Tuesday after the company reported earnings. Shares closed the day up 10%. So what Revenue rose 4% in the quarter to $1.05 billion and operating profit fell 3% to $252 million. But the company remained positive with […]

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WM Technology Stock: Back on track (NASDAQ:MAPS)

Ivan Balvan/iStock via Getty Images While many SPACs have fallen short of their financial targets, the market continues to overlook companies with high growth potential such as WM technology (NASDAQ: MAPS). The technology provider and the cannabis market have not has always met its financial goals, but the owner of Weedmaps continues to grow at […]

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Falling tech stocks have venture capital executives from Silicon Valley to Australia worried

“It’s tough,” Dibner said. “But it hasn’t seemed difficult to me for a long time.” This wave of concern has now reached Australia, where venture capital funds have been on a historic spending spree. They injected a record $3.6 billion into Australian start-ups in the March 2022 quarter, according to Cut Through Venture. Total investment […]

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Avid Technology Stock: Sell After Earnings Unwarranted (NASDAQ: AVID)

wundervisuals/E+ via Getty Images Investment thesis Greedy (NASDAQ: GREEDY) is a United States-based company that provides audio and video technology from editing software and compositing hardware. In 2018, the company began changing its pricing model from a perpetual to a subscription-based model. model ((SaaS)). This resulted in huge success which significantly increased its gross margin […]

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Why WM Tech Stock Is Falling Today

What happened Shares of WM technology (MAPS -7.99%)a provider of software infrastructure to the cannabis industry, slipped today after the company reported a much larger profit loss than Wall Street expected. The tech stock had fallen 13% today and was still down 7.5% as of 2:10 p.m. ET. So what WM announced a loss of […]

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Align Technology supplies on $200 million buyout

Align Technology (NSDQ:ALGN) today announced that it has entered into a new accelerated share buyback agreement worth up to $200 million. Align, based in Tempe, Ariz., may repurchase $200 million in common stock under the $1 billion share buyback program announced in May last year. CEO Joe Hogan also intends to buy $2 million worth […]

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Real estate tech stock price targets slashed ahead of earnings as home affordability deteriorates

Wall Street was more cautious on real estate tech stocks on Monday, ahead of earnings reports later this week, as some analysts cut price targets to reflect worries about housing affordability amid rising interest rates. Opendoor Technologies Inc. OPEN, +0.47%, Zillow Group Inc. Z, +2.47% ZG, +2.26% and Redfin Corp. RDFN, +1.33% all release their […]

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Why Align Technology Stock Dropped 25% This Week

What happened Alignment technology (NASDAQ:ALGN) has seen its shares fall 25% this week, according to data from S&P Global Market Intelligence. The stock is down more than 53% so far this year; it had a 52-week high of $737.45 and a low of $270.37. It closed at $360.57 last Friday and hit a weekly low […]

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Micron Technology Stock: Absolute Buy at Current Market Levels

Aguus/E+ via Getty Images Thesis Micron technology (NASDAQ: MU) is my number one recommendation for now. The stock is down around 32% from the highs seen in January and is probably one of the most undervalued stocks in the broader market. Low lineup growth has been impressive, demand for DRAM and NAND is strong, and […]

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Where will Micron Technology’s stock be in 5 years? (NASDAQ:MU)

SweetBunFactory/iStock via Getty Images micron (NASDAQ: MU) is a semiconductor stock that hasn’t kept up with the rest of the pack. While other names like Nvidia (NVDA) or AMD (AMD) have returned multiples of their stock prices during the Over the past few years, MU finds itself barely higher than it was four years ago. […]

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Industrial Technology Stock News: GTCH, HNRC, CYBL, MWXRF

There are a number of sectors that can often go unnoticed amid the rush of investors seeking opportunities in popular sectors. One of the sectors that fall into this category right now is the industrial technology sector. There are a number of companies doing commendable work in the industry and now might be the time […]

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US stock Battery Technology: the market valuation seems unjustified

Zocha_K/E+ via Getty Images Investment thesis It’s been almost four months since I last covered the lithium-ion battery recycling business American Battery Technology Company (OTCQB:ABML) and I think now is a good time to take another look at the business. given that its market valuation has doubled since the end of February. Construction of ABML’s […]

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Why Micron Technology shares fell more than 2% today

What happened Memory chip maker shares Micron Technology (MU -2.19% ) fell 2.2% today. In fact, the stock is down about 10% since Micron announced its earnings on the evening of March 29. This was a strong quarterly update, which exceeded expectations and showed Micron’s momentum continuing throughout this year as the world continues to […]

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Micron Technology stock remains a buy despite global chip shortage

Memory chips are an important part of semiconductor manufacturing. They are a commodity, meaning prices are highly dependent on supply and demand, but also an indicator of the direction of the semiconductor industry as a whole, as they are used in the construction of more complex computer systems. Micron Technology (MU -1.60% ) is one […]

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Marvell Technology Stock: Buy the Drop (NASDAQ:MRVL)

gorodenkoff/iStock via Getty Images Marvell technology (NASDAQ:MRVL) is a semiconductor device manufacturer with a broad portfolio. From around 2007 to early 2020, the stock price tended to hover below $20 per share, reflecting difficulties competing with companies like Qualcomm (QCOM). In 2020, the stock price took off, peaking at $93.85 on December 8, 2021. Since […]

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PAR Tech Stock: Future Growth Potential (NYSE:PAR)

ake1150sb/iStock via Getty Images Thesis PAR technology (NYSE: BY) serves in the software and hardware solutions business for restaurants, while maintaining a somewhat independent government segment, providing technology solutions to defense and intelligence institutions. Integrating more recurring revenue into its overall sales mix, PAR shows strong growth prospects, mainly in the catering segment. In this […]

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This Top Computer and Technology Stock is a #1 (Strong Buy): Why It Should Be on Your Radar

OWhether you’re a growth, value, income or momentum investor, building a successful investment portfolio takes skill, research and a bit of luck. How do you find the right combination of stocks that will generate returns that could fund your retirement, your children’s school fees, or your short- and long-term savings goals? Enter the Zacks rank. […]

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Why RLX Tech Stock Is Soaring Today

What happened Shares of RLX Technology (RLX -2.37% ) are booming in today’s commerce. Shares of the Chinese e-cigarette company were up about 27.9% at 1:30 p.m. ET Tuesday. After a day of brutal selling yesterday, RLX is enjoying some rebound momentum. Chinese stocks were hit by their worst daily decline since 2008 on Monday, […]

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Why Evolv Technology Stock Plunged 45.8% on Tuesday

What happened Shares of Evolution Technology (EVLV 6.35% ) plunged as much as 45.8% in trading on Tuesday after the security firm released its fourth-quarter financial results. Shares closed the day down 43.1%. So what Total revenue for the fourth quarter of 2021 was $6.8 million, up 236% year-over-year, and orders booked jumped 201% to […]

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PAX Global Technology Stock: Still Very Under Cloud (OTCMKTS: PXGYF)

ljubaphoto/E+ via Getty Images The ongoing slump at PAX Global Technology (OTCPK:PXGYF) recall a semi-famous quote (often misattributed to Mark Twain or Winston Churchill) that “a lie can travel halfway around the world while the truth puts on its boots”. Reports of a serious security breach of corporate endpoints, including their use in cyberattacks, and […]

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Why RLX Tech Stock Was Plunging Today

What happened Shares of RLX Technology (RLX -36.33% ) fell sharply today after the Chinese vaping company released its fourth quarter results this morning. Ongoing tensions around vaping regulations in China and broader fears over Chinese equities appeared to be the main reasons for the selloff today. As of 1:25 p.m. ET, the stock was […]

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CDT environmental technology stock: IPO in the United States for a rural approach (pending: CDTG)

DSCimage/iStock via Getty Images A quick overview of CDT Environmental Technology Investment Holdings CDT Environmental Technology Investment Holdings Limited (CDTG) has applied to raise $12.28 million in an IPO of its common stock, according to an F-1/A registration statement. The company designs, sells, installs and services wastewater treatment systems in China. CDTG is a small […]

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AMD vs. Micron Technology Stock: Which is the Best Buy?

Sergei Pivovarov/iStock via Getty Images Semiconductor companies Advanced Micro Devices, Inc. (AMD) and Micron Technology, Inc. (NASDAQ: MU) are two of the most popular stocks on Seeking Alpha with almost 700,000 subscribers between them. There are also a significant number of articles written about them and the table below shows how SA authors rank each […]

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Why international gaming tech stocks fell 16.8% on Tuesday

What happened Gaming Industry Supplier Shares international game Technology (NYSE:IGT) fell 16.8% in trading on Tuesday after the company released its fourth quarter 2021 financial results. Shares ended the day down 13.8%. So what Revenue for the quarter rose 19% to $1.05 billion as the gaming industry generally recovered from the pandemic. The company went […]

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Buy this tech stock for a 23% return in 1 year: Emkay Global suggests

Target price The current market price (CMP) of Mphasis is Rs. 2952. Emkay Global has estimated a target price for the stock at Rs. 3650. The stock is expected to offer a 23.6% upside in 1 year. Stock market outlook Current market price (CMP) 2952 Target price Rs.3650 1 year back 23.60% Business performance The […]

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International Game Technology Stock: First Share Repurchase (NYSE:IGT)

This article was written by To follow Unique stock ideas taken from fund letters published by Seeking Alpha. Additional disclosure: Additional Information: The use of the MSCI ACWI in this document has not been chosen to represent an appropriate benchmark against which to compare the performance of an investor in the Mittleman Global Value Equity […]

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Why Did WM Tech Stock Rise Today

What happened Shares of WM technology ( PLANS 27.56% ) were up 25% as of 2:53 p.m. ET Thursday after posting strong growth in the fourth quarter. Revenue accelerated to 22% growth over the prior year quarter. Excluding certain retailers in Canada who failed to provide valid license information and were removed from the Weedmaps […]

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Align technology stock: strong across the board; Valuation remains somewhat worrying (ALGN)

Edwin Tan/E+ via Getty Images Thesis Align Technology, Inc. (ALGN) is a global manufacturer of innovative dental devices with a strong track record of growth and financial performance. As the dental care industry is expected to grow and become more supportive of technologically advanced products, the company is expected to increase its market share and […]

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Top 5 FTSE dividend-paying tech stocks for 2022

Investing in stocks has become an important strategy to secure a better future in today’s world and investing in tech stocks has become a favorite among investors with high visibility on growth prospects. Right now, tech stocks in the growth sector are in a consolidation phase, with the inflation rate unexpectedly jumping to a record […]

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Why Micron Technology Stock Is Rising Today

What happened Shares of Micron Technology (NASDAQ:MU) rose in early trading on Thursday, rising as high as 7.4% in early trading before settling into a 5% gain at the time of this writing. Keep in mind that this price surge came after yesterday’s big gain, as well as the tech sector’s comeback from its January […]

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Should you add DXC tech stocks to your portfolio in 2022?

DXC technology (DXC) helps multinational organizations run critical systems and operations while modernizing IT, optimizing data structures, and ensuring security and scalability across public, private, and hybrid clouds. The stock of the Concern based in Mc Lean, Virginia gained 15.9% in price over the past month. However, the company reported weak financials in the last […]

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Why Quotient Tech Stock Crashed Today

What happened Shares of Quotient Technology (NYSE: QUOT) lost a lot of ground on Thursday morning, trading down 11% at 11:30 a.m. ET, against a 0.1% drop in the S&P500. The fall followed the marketer’s fourth quarter earnings release. So what Investors were disappointed with the latest reports from Quotient Technology, which offers consumer packaged […]

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KULR Tech Stock: Rapid Revenue Growth, Still Bullish (NASDAQ: KULR)

MF3d/E+ via Getty Images introduction In 2021, I wrote over 30 bearish SA articles on OTC companies and only two bullish ones. I was bullish on Byrna Technologies (NASDAQ:BYRN) and KULR Technology Group (NASDAQ:KULR). Unfortunately, the stock prices of both haven’t fared well since their Nasdaq move and that could be due to sentiment, bad […]

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This tech stock is down 44% from its highs. Is it time to hook it up to your wallet?

Not too long ago, the phrase “I’m going to work from home tomorrow” often drew an eye roll or an exasperated sigh from bosses. Remote work, it was feared, was nothing more than an unofficial vacation day. Then COVID arrived. A survey by Owl Labs found nearly 70% of full-time employees were working remotely during […]

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Bank of America lowers its price target

Spotify shares tumble nearly 4% on Tuesday as spitting Joe Rogan remains in the headlines. SPOT stock has been down since last week’s earnings. Bank of America is now adding to the woes by reducing the price target to $262. Shares of Spotify (SPOT) remain under pressure with another big drop on Tuesday. The stock […]

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SPOT, Joe Rogan spat rumbles

Spotify shares ended Monday down 1.67%. Argument over Joe Rogan podcast rumbles as Spotify CEO speaks out. SPOT’s CEO says silencing Joe isn’t the answer. Spotify (SPOT) shares have been booming (see what I did there) all over the place lately, as tech and growth names take a hit and investor enthusiasm for the sector […]

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What technology value will attract investors?

Recent earnings in the technology sector have given us some surprises, but the general theme of a difficult operating environment has been a constant. However, among social media stocks, while FB lagged due to weaker-than-expected fourth-quarter results, Snap (BREAK) and Pinterest (PINS) bucked this trend. Meanwhile, tech giant Alphabet (GOOGL) delivered fourth-quarter numbers that beat […]

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Why Spotify Technology Stock Dropped 18.9% Today

What happened Music streaming and podcast company shares Spotify Technology (NYSE: SPOT) fell 18.9% in early trading Thursday after reporting fourth quarter results. Shares were down 15.9% at 11:50 a.m. ET today and rebounding near a 52-week low. So what Spotify saw a 24% increase in revenue in the quarter to $2.7 billion, as the […]

Technology stock

New to investing? This IT and Tech Stock 1 Could Be the Perfect Starting Point

HAt Zacks, we provide our members with many different opportunities to take full advantage of the stock market, as well as how to invest in a way that leads to long-term success. The Zacks Premium Service, which provides daily Zacks Ranking and Zacks Industry Ranking updates; full access to the Zacks #1 ranking list; Equity […]

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Marvell Technology Stock: Thoughts on Insider Selling (NASDAQ: MRVL)

FroggyFrogg/iStock via Getty Images People are supposed to be afraid of the unknown, but ignorance is bliss when knowledge is so scary. ”― Laurell K. Hamilton In this article we play Marvell Technology (MRVL) as we begin the new month of February. January was tough for technology companies and most of the market. The NASDAQ […]

Technology stock

This 1 IT & Tech Stock Could Beat Earnings: Why It Should Be On Your Radar

JTwo factors often determine stock prices over the long term: earnings and interest rates. Investors can’t control the latter, but they can focus on a company’s results each quarter. The profit figure itself is key, of course, but a beat or miss on the bottom line can sometimes be just as important, if not more […]

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Why Spotify Technology Stock Jumped 13.5% on Monday

What happened Shares of the music and podcast streaming company Spotify Technology (NYSE: SPOT) jumped as high as 13.6% on Monday as growth stocks rallied well across the board. Shares closed with a 13.5% gain, near their high for the day. So what The biggest news for Spotify today is the company’s handling of the […]

Technology stock

Align Technology Stock Soars on Bullish Analyst Coverage

Morgan Stanley launched ALGN coverage with an “overweight” rating Align Technology, Inc. (NASDAQ:ALGN) is up, up 4.1% to trade at $482.93 at last check, after Morgan Stanley launched coverage of the stock with an “overweight” rating, citing the recovery of the dental market from the disruptions pandemic. Additionally, ALGN received an upgrade from UBS to […]

Technology stock

Motilal Oswal Recommends Buying This Tech Stock For A 29% Yield

Target price The current market price (CMP) of Mphasis is Rs. 3025. Motilal Oswal has estimated a target price for the stock at Rs. 3900. The company is expected to offer a 29% upside in 1 year. Stock market outlook Current market price (CMP) Rs. 3025 Target price Rs.3900 1 year back 29.00% Business Performance […]

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IBM, MSFT and Intel forecasts rise despite falling tech stock prices

Tech companies began reporting quarterly results this week, signaling continued IT spending. Despite the steep decline in technology stock prices in January, IBM, Microsoft and Intel are reporting continued growth in IT spending. All three companies reported that revenue and earnings for their most recent fiscal quarters exceeded expectations. More importantly, they issued an encouraging […]

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Immersion: A High-Risk Haptic Tech Stock (NASDAQ: IMMR)

Passionate photographer. Travel the world to capture moments and beautiful photos. User Sony Alpha/iStock editorial via Getty Images Investment thesis Immersion society (NASDAQ: IMMR) (also IMMR from now on) splits people in half. According to some investors, they strongly believe in its strong future or are very skeptical due to its many problems and mismanagement. […]

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Micron Technology Stock Forecast: What to Watch for in 2022 (NASDAQ:MU)

Various photographs/iStock Editorial via Getty Images Thesis article Micron Technology, Inc. (NASDAQ:MU) has seen its shares rise rapidly over the past two months thanks to a recovery from an unwarranted decline in the share price last fall. With macro tailwinds, Micron is gaining strength in areas such as data centers, and with strong cash flow […]

Technology stock

Here’s what makes Microchip Technology Stock a solid semiconductor game

OI think that Microchip Technology Inc. (NASDAQ: MCHP) is currently a better bet of semiconductor technology compared to Texas Instruments Incorporated (NASDAQ: TXN). MCHP shares trade at 8.1x trailing earnings, lower than TXN, whose P/S multiple is 10x. Does this gap in company valuations make sense? We don’t think so and expect Microchip Technology to […]

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SkyWater Technology Stock: Far From Reaching the Sky (NASDAQ:SKYT)

kynny/iStock via Getty Images SkyWater Technology (SKYT) piqued my interest when it became public in April last year. This semiconductor game was interestingly positioned as the industry was facing chip shortages while its “American” status brought some interesting advantages on that front as well. Besides these great benefits, the shares are down 30% since the […]

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Here’s What Makes Microchip Technology Stock a Strong Semiconductor Play – Trefis

We think that Microchip Technology Inc. (NASDAQ: MCHP) is currently a better bet of semiconductor technology compared to Texas Instruments Incorporated (NASDAQ: TXN). MCHP shares trade at 8.1x trailing earnings, lower than TXN, whose P/S multiple is 10x. Does this gap in corporate valuations make sense? We don’t think so and expect Microchip Technology to […]

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Read This Before Buying Seagate Technology Stock

We think that Edwards Lifesciences (NYSE:EW) is currently a better choice compared to Seagate Technology (NASDAQ: STX). The two companies have similar net earnings of around $1.5 billion, but Seagate’s current P/S multiple is 2x, while EW’s is nearly 15x. Do these valuations make sense? We think so, and we believe that this gap can […]

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WM Technology Stock: Extremely Cheap, Still Years of Growth Ahead

Mario Tama/Getty ImagesNews Investment thesis WM Technology (MAPS), the company behind Weedmaps, has been dominated by negative headlines in recent months, resulting in a very negative momentum that continues to this day. I would like to explain why this is an overall overreaction and why, in my opinion, there is now a great buying opportunity. […]

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Here’s More Evidence That Micron Tech Stock Could Fly Higher in 2022

While Micron Technologyit is (NASDAQ:MU) Q1 FY2022 results released on December 20, 2021 indicate the memory market will remain healthy, some market watchers believe this may not remain the case as 2022 progresses. Micron smashed estimates as its revenue and profit rose, while a promising memory market outlook helped it deliver impressive guidance. Still, there […]

Technology stock

Why the price jumped today

The share price of Integrated Media Technology Ltd (NASDAQ: IMTE) rose more than 30% in intraday trading today. That’s why it happened. The share price of Integrated Media Technology Ltd (NASDAQ: IMTE) rose more than 30% in intraday trading today. Investors Respond Positively to Integrated Media Technology Announcing the Signing of an Assignment and Assumption […]

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Sell ​​CBAK Energy Technology Stock (CBAT), Too Many Red Flags

bunhill/E+ via Getty Images Shares of CBAK Energy Technology, Inc. (CBAT) surged at the end of 2020 following news that a Chinese Haier Group customer won and developed its own lithium-ion battery technology for electric vehicles and energy storage end markets. These press releases were issued at the time of incredible hype around Chinese electric […]

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Thai Tech Company Jumped Nearly 7,000% After Switching to Bitcoin Mining, Despite Only Making 8 Coins So Far | Currency News | Financial and business news

Bitcoin Westend61 Thai company Jasmine Technology Solution announced an expansion in bitcoin mining in July. The company has grown nearly 7,000% year-to-date, the largest among global technology companies with a market value of at least $2 billion. Chairman Soraj Asavaprapha said the company will invest $98 million in more mining machinery next year. Sign up […]

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Micron Technology Stock Still Looks Like a Great Buy in 2022

Despite a global chip shortage contributing to a fantastic selling environment for chipmakers last year, Micron Technology (NASDAQ:MU) the stock has been tapping on the brakes lately. Shares of the memory maker rose just 9% just weeks into the new year, lagging the S&P 500’s nearly 22% gain. However, the company has just released a […]

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DXC Tech Stock: Great Long-Term Growth Potential (NYSE: DXC)

Morsa Images/DigitalVision via Getty Images DXC Technology (NYSE:DXC), a business-to-business (IT) service provider, helps businesses around the world take advantage of advances in information technology to accelerate their growth. The company offers a diverse range of IT products and solutions that are implemented in companies in various industries. Offering analytical and engineering solutions, cloud infrastructure […]

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RLX Tech Stock: A Growing Business Model (NYSE: RLX)

Kativ/E+ via Getty Images RLX Technology (NYSE:RLX) brings in $2.284 billion in cash and appears well-prepared to fund marketing efforts and product development in and out of China. Despite the new regulatory framework and negative publicity, my DCF models showed a valuation of $5.5 to $8.5. In my opinion, with FCF expected by 2030, the […]

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Which financial services technology stock is a better buy? By StockNews

© Reuters. Global Payments vs. Fiserv: Which financial services technology stock is a better buy? The fintech industry is expected to see accelerated growth over the long term given the growing adoption of online payments and the gradual adoption of digital currencies. And we believe industry leaders Global Payments (NYSE:) and Fiserv (NASDAQ:) are well […]

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OneSpan: Best Price Positioned Tech Stock (NASDAQ: OSPN)

Pgiam/iStock via Getty Images Investment thesis Rapid advances in technology in communications, information processing, organization, and logistics create frequent opportunities for uneven market prices among data systems service stocks. This makes regular reviews of these (many) issues generally a productive field for short-term capital gains. But the realization requires the coordination of various tools of […]

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Why the price went up today

Embark Technology Inc (NASDAQ: EMBK) stock price rose more than 10% in intraday trading today. That’s why it happened. The stock price of Embark Technology Inc (NASDAQ: EMBK) – a leading developer of autonomous technologies for the trucking industry – rose more than 10% in intraday trading today. Investors are reacting positively to Embark Trucks’ […]

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Why RLX Tech Stock Was Down Today

What happened Shares of RLX Technology (NYSE:RLX) slipped today after the Chinese e-cigarette company released disappointing results in its third quarter earnings report and investors reacted to news that Didi Global would delist from the New York Stock Exchange following a successful initial public offering (IPO) earlier this year. The news jolted investors and sent […]

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Why Marvell Technology Stock Jumped Today

What happened Shares of Marvell Technology (NASDAQ:MRVL) surged on Friday after the chipmaker reported better-than-expected third-quarter fiscal 2022 results. As of 3:20 p.m. ET, Marvell stock price was up more than 17%. So what Marvell’s net revenue jumped 61% year-over-year to $1.2 billion. The semiconductor company experienced strong growth in its five main business segments. […]

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Avid Technology Stock: Growing Demand for Digital Media Production (AVID)

wundervisuals/E+ via Getty Images Avid Technology, Inc. (NASDAQ: AVID) is a leader in specialized software and hardware used in digital media production. The company’s editing products such as “Pro Tools”, “Media Composer”, “Sibelius” and related content management systems are recognized as standards for professional audio and video production. The attraction here is the growth of […]

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Vectoring In On Verb Technology Stock (NASDAQ:VERB)

PixelsEffect/E+ via Getty Images Faded away. The saddest word in the language. In any language.” – Mark Slouka, God’s Fool Today we take an in-depth look at the “off the radar” name that has had an interesting journey as a public company and is deep in “Busted IPO” territory. A full analysis follows. Company presentation: […]

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Micron Technology stock is in the middle of a rally, not the end

InvestorPlace – Stock market news, stock advice and trading tips Micron Technology (NASDAQ:MU) stock is a booming game that is booming again. Since hitting its low on October 13 below $67, MU stock has been on fire. It is trading today at just over $85. They are still only up 10% for the year, compared […]

Technology stock

Why This 1 IT & Tech Stock Could Be A Great Addition To Your Portfolio

At Zacks, we provide our members with many different opportunities to take full advantage of the stock market, as well as how to invest in a way that leads to long-term success. One of our most popular services, Zacks Premium offers daily Zacks Ranking and Zacks Industry Ranking updates; full access to the Zacks #1 […]

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Why Rackspace Technology shares jumped 23% this morning

What happened Shares of Rackspace Technology (NASDAQ: RXT) posted a peak gain of 23.4% just after the opening bell on Tuesday morning. The stock cooled a bit as market makers pondered Monday night’s Street-stumping earnings report. As of 12:45 p.m. EST, Rackspace was trading up 12.6%. So what In the third quarter of 2021, Rackspace […]

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Why WM Tech Stock Crashed Today

What happened Shares of WM technology (NASDAQ: MAPS) were down 20.6% as of 12:44 p.m. EST Friday after reporting third-quarter financial results. So what Revenue increased 9% year over year to $51 million. However, adjusted revenue increased by 46% in the United States, after excluding certain Canadian-based retailers who did not provide valid license information […]

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Why Evolv Technology Stock Jumped 17.9% Thursday

What happened Security company shares Evolv Technologies Holdings (NASDAQ: EVLV) jumped as much as 26.1% in trading on Thursday after reporting third-quarter 2021 financial results. Shares closed the day up 17.9%. So what Total revenue for the quarter increased 473% from a year ago to $8.4 million, and the total contract value of orders booked […]

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Viant Technology Stock: Can this DSP vendor turn the tide?

metamorworks/iStock via Getty Images Viant Technology Inc and the Changing Advertising Landscape Viant Technology Inc (DSP) is a digital advertising company. The company provides a platform for the purchase of targeted advertising space by agencies and businesses. They market a proprietary demand-side platform (DSP) named Adelphic that allows advertisers to plan, buy and track their […]

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Why Luokung Technology Stock Dropped Today

What happened Shares of Luokung Technology (NASDAQ: LKCO) fell today after the Chinese mapping technology firm’s first-half report indicated it could face a cash crunch. Luokung stock ended the day down 10.4%. So what The company posted revenue of $37.8 million for the first half of the year, up from $7.3 million, thanks to the […]

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Why Align Tech Stock Just Appeared

What happened Actions of the manufacturer of clear braces Alignment technology (NASDAQ:ALGN) jumped 4.1% as of 2:00 p.m. EDT Thursday after the company behind popular product Invisalign reported better-than-expected sales and earnings for its fiscal third quarter last night. Looking ahead to the third quarter, analysts had expected Align to earn $2.60 per share on […]

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Offshore wind to float on Ashtead Technology stock exchange

Offshore wind to float on Ashtead Technology stock exchange Calendar An icon of a desktop calendar. to cancel An icon of a circle with a diagonal line across it. Caret A right-pointing solid arrow icon. E-mail An icon of a paper envelope. Facebook An icon of Facebook’s “f” mark. google An icon of Google’s “G” […]

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Align Technology stock tumbles to accompany S&P 500 declines after Stifel analyst warns of ‘soft’ quarterly results

Shares of Align Technology Inc. ALGN, -2.67% fell 6.1% to a four-month low in afternoon trade on Wednesday, enough to pace the SPX of the S&P 500, +0.52% declines, after Stifel Nicolaus analyst Jonathan Block warned investors that his research suggests volumes have deteriorated in recent months. Block’s warning comes two weeks before the cosmetic […]

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What’s next for Marvell Technology Stock after rallying 8% last week?

BRAZIL – 2020/01/11: In this photo illustration the Marvell Technology Group logo seen on … [+] a smartphone. (Photo Illustration by Rafael Henrique/SOPA Images/LightRocket via Getty Images) SOPA Images/LightRocket via Getty Images Shares of Marvell Technology Inc. (NASDAQ: MRVL) gained 8% last week and is currently trading at around $65 per share. Additionally, Marvell, a […]

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Why Aspen’s Tech Stock Is Soaring Today

What happened Shares of Aspen Technology (NASDAQ:AZPN) closed Monday’s trading session up 12.3%. Industrial asset management software developer merges with software side of industrial giant Emerson Electric (NYSE: EMR) in a deal valued at around $11 billion. So what Emerson is expanding its industrial software businesses – Open Systems International (OSI) and Geological Simulation Software […]

Technology stock

Are meta materials a good tech stock to add to your portfolio?

Meta Materials Inc. (MMAT) is a Canadian smart materials and photonics company engaged in the development and manufacturing of a wide range of functional materials and nanocomposites. On June 28, 2021, the company went public through a reverse takeover dealing with the energy company Torchlight Energy Resources. The stock is down 30.6% over the past […]

Technology stock

Spotify tech stock drops despite new campaign

The streaming name is looking to boost its ad sales Spotify Technology AG (NYSE: SPOT) is down 1.9% at $228.49 this afternoon, despite the music streaming name announcing a global campaign designed to boost ad sales. The initiative aims to broaden the company’s usual focus by targeting small and medium-sized businesses. Equity faced bouts of […]

Technology stock

PTC: Best price-positioned technology stock seen by market makers (NASDAQ: PTC)

Mothballs/iStock via Getty Images Investment thesis Rapid advances in technology in communications, information processing, organization, and logistics create frequent opportunities for uneven market prices among data systems service stocks. This makes regular reviews of these (many) issues generally a productive field for short-term capital gains. Among the best potential price changes right now is PTC […]

Technology stock

A tech stock for the new “normal”

H1 recurring revenue up 31% to £3.1m to account for 39% of total revenue of £7.9m. The operating loss of £1.7 million reflects greater investment in sales, marketing and product development. Net cash of £8.5 million. The accelerated pace of digital transformation brought on by the pandemic not only validates Checkiit is (CKT:52p) value proposition […]

Technology stock

Align Technology Stock is a buy on its decline (NASDAQ:ALGN)

Miguel Fernandez Castro/iStock via Getty Images Investment thesis Align Technology, Inc. (NASDAQ:ALGN), is already up more than 400% from 2020 lows. It had a stellar second quarter and will continue to grow its top line and earnings. However, a DCF analysis indicates that ALGN’s bright future is already valued at the current level. Overview: why […]

Technology stock

Which payment technology stock is a better investment?

EVERTEC, Inc. (EVTC) in San Juan, Puerto Rico, is in the transaction processing company. The Company operates through four segments: Payment Services – Puerto Rico and Caribbean; Payment Services – Latin America; merchant acquisition; and business solutions. In comparison, Atlanta, Ga. – Headquarters Global Payments Inc. (GPN) provides payment technology and software solutions for cards, […]

Technology stock

Why By Technology Stock jumped on Wednesday

What happened The past few days have been volatile for investors in this restaurant software service provider. Nominal technology ( BY -2.18% ) originally announced a public offering of shares and convertible senior notes on September 13, and today the company announced the offering price. The conversion rate for the 2027 Notes will be 12.987 […]

Technology stock

Why By Technology Stock crashed on Tuesday

What happened Nominal technology (NYSE:PAR) announced its intention to sell an additional 1.5 million shares and issue $200 million in aggregate principal amount of convertible senior notes due 2027. The notes are convertible into cash, shares or a combination of both before the close of business on April 15, 2027. Following Monday’s news, Par Technology’s […]

Technology stock

Seagate Technology stock is attractive here

Data storage solutions company Seagate technology (NYSE: STX) the stock had a great 2021 peaking at $106.22 in May, but the shares came back to reality in the mid-$80s. Manufacturers of legacy hard disk drives (HDDs) and flash drives are seeing a huge demand for storage thanks to the relentless need to store data. The […]

Technology stock

L&t Technology Stock Jumps 4% on Strong FY25 Growth Outlook

Shares of L&T Technology Ltd rose 4% on the NSE on Friday, hitting a new 52-week high of ₹4,145, following management’s robust growth outlook. At its recent analyst day, the company’s management said it was aiming to achieve $1.5 billion in FY25 revenue, along with an 18% Ebit margin. Ebit is short for Earnings Before […]

Technology stock

Why Marvell Technology Stock May Shoot Higher

Marvell Technology Groupit is ( LRVL 3.85% ) the results of the second quarter of fiscal 2022 turned out better than expected thanks to impressive growth in all its business segments. The data centers, carrier infrastructure and enterprise networking businesses particularly stood out, which was not surprising as Marvell benefits from a set of catalysts […]

Technology stock

Here’s why Micron Technology’s stock is rising again

Micron Technology (MU -4.33%) the stock has underperformed the market so far this year. Shares of the company have fallen sharply in recent months as doubts about the health of the memory market and Wall Street downgrades have taken their breath away. MU data by YCharts However, it looks like investors are finally seeing some […]

Technology stock

RLX Technology Stock: Stock is Broken (NYSE:RLX)

GoodLifeStudio/E+ via Getty Images A few months ago, we recommended returning to RLX Technology Inc. (NYSE:NYSE: RLX) for an exchange. This trade quickly triggered a stop loss and became our worst recommendation in 2021. We had a solid year before this trade. Anyway, it is still a fast growing e-vapor enterprise manufacturer in China. This […]

Technology stock

Micron Technology Stock: Powerful Memory Drivers through 2022 (NASDAQ: MU)

RUNSTUDIO/DigitalVision via Getty Images Micron technology (NASDAQ: MU) is ahead of Samsung Electronics (OTC:SSNLF) and SK Hynix in mass production of advanced DRAMs and NAND ICs. Micron currently supplies 1α nm DRAMs to AMD and Acer. Micron began mass-producing 176-layer NAND flashes for the first times around the world in November 2020. Samsung Electronics and […]