A shakeup of MicroStrategy Inc.’s executive suite has crypto traders weighing the consequences for bitcoin as Michael Saylor drops his role as chief executive officer. MicroStrategy’s MSTR, +12.73% shares jumped Read more
Tag: Enterprise Management Software
MicroStrategy racks up $1 billion loss, says CEO will leave that post
MicroStrategy Chief Executive Michael Saylor will be stepping down from that post and focusing on his board role, a change announced Tuesday as the software company that has made big Read more
Stanley Black & Decker leads S&P 500 decliners after tool maker’s weak quarter leads it to slash guidance
Shares of Stanley Black & Decker Inc. tumbled 13.7% Thursday to lead S&P 500 decliners after the tool maker’s second-quarter earnings fell far short of estimates, it slashed its guidance Read more
ServiceNow’s stock is down after it announced revenue slightly shy of estimates
ServiceNow Inc.’s stock dipped 7% in extended trading Wednesday after the software company reported fiscal second-quarter revenue that fell short of Wall Street analysts’ forecasts. ServiceNow NOW, +6.10% reported earnings Read more
Fidelity Is Launching Bitcoin 401(k)s. Fintech Start-Ups Are in the Market Too.
Bitcoin IRA lets users invest in 65 cryptocurrencies. Yuriy Kopilets/Dreamstime.com Fidelity Investments made waves in the retirement-planning industry when it became the first of the major record-keepers to roll out Read more
Palantir stock’s ‘strength will prove unsustainable,’ analyst says in downgrade
Palantir Technologies Inc. shares are up nearly 50% from their May lows, but one analyst worries that “this strength will prove unsustainable.” Monness, Crespi, Hardt & Co. analyst Brian White Read more
SAP posts higher revenue, but lowers annual forecast as Russia’s war in Ukraine harms profit
SAP SE on Thursday posted higher revenue for the second quarter as its cloud business continued to grow, but the war in Ukraine harmed operating profit, prompting the German business-software Read more
SAP posts higher revenue, but lowers annual forecast as Russia’s war in Ukraine harms profit
SAP SE on Thursday posted higher revenue for the second quarter as its cloud business continued to grow, but the war in Ukraine harmed operating profit, prompting the German business-software Read more
Qualtrics stock dips after earnings miss
Qualtrics International Inc. stock dipped 1.7% in extended trading Wednesday after the software company reported second-quarter revenue that beat Wall Street analysts’ estimates but reported a larger loss than expected. Read more
Stable value funds have become today’s most popular 401(k) investment, but they come with complex risks
Amid market mayhem, retirement plan participants are pouring money into a 401(k) investment option that is widely seen as a safe haven yet comes with a convoluted set of potential Read more