Cloud-software stocks continued to sell off Monday, following one of the space’s worst weeks ever, although not as fast as Friday selloff as a few beaten-up stocks received upgrades and Read more
Tag: Computer Peripherals
The cloudburst is upon us: Cloud-software stocks suffering worst declines on record
The lining in cloud-software stocks Friday was blood red instead of silver. Forecasts from former software darlings this week added to fears about businesses cutting back on capital spending in Read more
Opinion: Technology stocks are booming, and these four companies have staying power for years to come
Shares of technology companies from chip makers to FAANGs slumped for a third quarter at the end of September, as softer revenue, profit warnings and fading CEO confidence added to Read more
Micron stock downgraded amid ‘steepening price declines’
Mizuho analyst Vijay Rakesh is concerned about memory demand and its impact on pricing, trends that he thinks could weigh on shares of Micron Technology Inc. and Western Digital Corp. Read more
Could a tough macro environment speed up Western Digital’s breakup?
Western Digital Corp., which is considering a breakup of its hard disk drive and flash businesses, is also wrestling with a tough macroeconomic environment. On Friday Western Digital Corp. WDC, Read more
Opinion: Step aside FAANMGs, this newer crop of tech companies are the ones to watch for the next decade
Investors have had a change of heart after selling technology stocks for the better part of eight months. There has been a trend reversal after bellwether tech companies reported Read more
Corsair Gaming stock falls as revenue outlook comes up short
Corsair Gaming Inc. shares fell in the extended session Thursday after the gaming-gear company forecast second-quarter revenue well below the Wall Street consensus while offering a hint of a more Read more
Seagate stock drops as lower consumer demand triggers earnings, outlook miss
Seagate Technology Holdings PLC shares dropped in the extended session Thursday after the data-storage-device company said a slowdown in consumer demand led to quarterly results and an outlook that fell Read more
Super Micro stock soars more than 20% as outlook hiked before earnings for second consecutive quarter
Super Micro Computer Inc. shares rallied in the extended session Wednesday after the server and data-storage company hiked its outlook for a second quarter in a row just before its Read more