This has been the year of reckoning for Big Tech stocks — even those of companies that have continued to grow sales by double digits. Below is a list of Read more
Tag: Computer Services
Okta stock jumps 15%, CEO promises profit as sales reps get on same page
Okta Inc. executives on Tuesday said they will report an adjusted profit in the fourth quarter and, in a surprise, predicted profitability for all of next fiscal year, trumping profit Read more
Twitter’s advertiser exile is TikTok, Reddit and Snapchat’s gain, data suggests
In the two weeks since Elon Musk tried to reassure advertisers that Twitter wouldn’t turn into a “free-for-all hellscape” under his ownership, at least a few aren’t taking him at Read more
AMD launches 18 models of new Epyc data-center chip at a time when it might be ‘more important than ever’
Advanced Micro Devices Corp. showed off Thursday how it plans to keep embedded and data-center sales on the uptick while the chip industry undergoes an unprecedented dropoff in PC demand. Read more
The 10 most influential investors in the market today
With stocks and bonds both plunging in 2022, it has been a difficult year for investors. Amid the bear market, the trades and moves of some investors have stood out. Read more
Why Okta, Twilio and Salesforce are bucking the trend of cloud-software stocks’ slide
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
The end of the pandemic earnings boom is in sight as holiday forecasts disappoint
Large corporations’ seemingly ceaseless profit growth during the COVID-19 pandemic appears to be coming to an end this holiday season, as the post-lockdown rebound grates up against rising prices, recession Read more
Opinion: A switch to ‘premium’ can keep you invested amid the tech wreck in stocks
It seems as if the stock market is punishing all technology companies regardless of performance. That underlines a set of opportunities for long-term investors. There were many eyes on this Read more
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
Cloudflare stock drops more than 10% after results, outlook top Street view
Cloudflare Inc. shares fell in the extended session Thursday even after the cybersecurity company’s results and forecast topped the Wall Street consensus. Cloudflare NET, +0.86% shares dropped as much as Read more