In a year when the U.S. issued the smallest number of patents since 2018, Korean electronics giant Samsung Electronics nosed past IBM with the most new patents, the first time in 29 years that IBM fai...
Tag: Computer Services
Snowflake Is a Great Cloud Stock to Buy on the Dip, Says Wells Fargo
Investors should buy Snowflake shares because companies are going to need the cloud-software data warehousing company’s services even as the economy slows down, Wells Fargo Securities says. On Friday,...
CES 2023: AMD, Nvidia, auto applications get the hype, but analysts say this one chip maker ruled
As CES 2023 draws to a close, much of the attention in the chip world was lauded on companies like Advanced Micro Devices Inc. and Nvidia Corp. but a lower profile chip maker appears better positioned...
Why a Long-Term Investor Is Sticking With Tesla and Cloud Shares
Everything about the investment approach at Baillie Gifford screams patience. Founded more than 110 years ago, the Scottish portfolio management firm, which oversees $250 billion, is a believer in the...
These Stocks Had a Terrible 2022. The New Year Should Be Better.
Videogame maker Take-Two Interactive Software is known for two things: Grand Theft Auto, and did I already say Grand Theft Auto? The stock was down 43% in 2022, making it the group’s worst performer. ...
Opinion: 11 predictions for money, technology, stocks and crypto for 2023
Here are some 2023 predictions for financial markets, the economy and stocks. I’ve spent the last year and a half being cautious in the wake of the Bubble-Blowing Bull Market that finally ended early ...
ChatGPT is called ‘an iPhone moment in AI,’ but will it make money like the iPhone?
ChatGPT is the latest product of artificial intelligence to take away Silicon Valley’s breath (and venture-capital investments), but it is also yet another AI advancement that has not proved its abili...
Bill Miller Is Still Bullish on Bitcoin—and a Lot More
Professional athletes like to retire after a good run. Legendary value investor Bill Miller is taking a different route. Miller, 72, is sticking with the plan he announced in January to hang up his in...
Amazon stock still a ‘compelling opportunity’ despite cloud concerns, says JPMorgan
Sentiment toward Amazon.com Inc.’s stock “is at a multiyear low,” according to JPMorgan analyst Doug Anmuth, but he thinks investors aren’t giving the e-commerce giant enough credit. A main source of ...
Oracle Stock Rises on Strong Earnings
Oracle shares were moving higher late Monday after the company posted better-than-expected financial results for its latest quarter. The enterprise software giant continued to see success in shifting ...
DocuSign stock shoots higher after big earnings beat
Shares of DocuSign were flying higher in aftermarket action Thursday after the e-signature company topped expectations with its latest financial results. The company posted a fiscal third-quarter net ...
Snowflake stock drops after sales forecast that CFO admits is ‘conservative’
Shares of Snowflake Inc. fell more than 5% in after-hours trading Wednesday, when the data-software company’s executives announced quarterly revenue that topped expectations but came up shy with their...
Okta stock jumps 15%, CEO promises profit as sales reps get on same page
Okta Inc. executives on Wednesday 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 concerns stemm...
Cloud software is suffering a cold November rain. Can Snowflake and Salesforce turn it around?
The week after Thanksgiving could determine if cloud software is still too fat or if there are some tasty leftovers for Wall Street. Autodesk Inc. ADSK, +1.82% signaled a slowdown in business spending...
Employers Rethink Need for College Degrees in Tight Labor Market
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Stock Market Looks Poised to Rally as Bond Yield Falls
Text size Michael Nagle/Bloomberg The worst may be over for the stock market. Key equity indexes continued their autumn rally, and there could be more gains before the end of the year, helped by conti...
New CIO Wants Cisco to Be a Model for Hybrid Work
Fletcher Previn, Cisco Systems Inc.’s new chief information officer, said he is working to help position the networking-equipment maker as a leader in hybrid work. “Everybody being remote in the pande...
Opinion: These five technology stocks give investors more reward for their risk
Earnings season for the technology sector is just about over. It’s been a mixed bag. Slower economic growth and higher interest rates put a damper on revenue. Some of the biggest names in tech have co...
Buy Apple and IBM Stock Ahead of Earnings, Says Analyst
With tech earnings season now dead ahead, investors are tweaking their portfolios ahead of what could be a tumultuous period for the group, with the Street anticipating generally weak guidance for 202...