As companies tighten their budgets ahead of a potential recession, enterprise software spending is likely to slow in 2023. That has consequences for many stocks in the group. KeyBanc Capital Markets a...
Tag: Software
Dell to cut 6,650 jobs, report says
Dell Technologies will join the ranks of technology companies slashing jobs as the computer maker will shed 6,650 positions, according to a published report on Monday. Citing a company spokesman after...
Wall Street wants to know when ‘GTA VI’ is going to drop, too.
The biggest question for Take-Two Interactive Software Inc. executives would be the same for gamers and Wall Street analysts: When is the next “Grand Theft Auto” going to drop? Take-Two’s TTWO, -4.74%...
Charlie Munger would be more bullish on bitcoin if he had time to study it, Michael Saylor says
“‘Charlie and the other critics, the members of the Western elite … are continually prodded for an opinion on bitcoin, and they haven’t had the time to study it.’” — Michael Saylor, co-founder and CEO...
MacWhisper Is The Free Transcription Software I’ve Been Waiting For
MacWhisper’s graphical user interface on the Mac MacWhisper / Matt Novak Are you looking for Mac software to transcribe audio files into written text files? There are plenty of paid tools, like ...
‘Patience will be rewarded.’ Here’s why Wall Street is not panicked over Amazon’s earnings slump.
Amazon.com Inc.’s worst annual loss ever was triggering a gentle gallop toward the exits among investors on Friday, but Wall Street analysts were stoic, urging patience on the long-term value offered ...
The =nil; Foundation Says Its New Software Is Rocket Fuel for Zero-Knowledge Developers
LLVM, which stands for “low-level virtual machine,” refers to a set of open-source code libraries that developers use to “compile” their human-readable code into a format that can be interpreted by a ...
Bill.com stock drops 20% as weak revenue forecast overshadows earnings beat
Bill.com Holdings Inc. shares dropped in the extended session Thursday after the business automation software company’s revenue outlook struggled to exceed Wall Street expectations. Bill.com BILL, +8....
Amazon earnings: What to expect
Amazon.com Inc. is expected to deliver a profit for its holiday quarter, but not enough to offset its losses from earlier in 2022. Even with Amazon AMZN, +6.95% projected to report about $2 billion in...
Genius Group stock soars toward 5 1/2-month high after plan to issue $10 NFT coupons to shareholders
Shares of Genius Group Ltd. GNS, +33.02% soared 28.1% toward a 5 1/2-month high in premarket trading Thursday, after the the Singapore-based education company, said it will reward its shareholders by ...
Crypto Tracking Software to be Adopted by South Korea in 2023’s First Half
Some features of cryptocurrency make it the best tool for money laundering, and authorities worldwide are working to curb the problem. Recently the Ministry of Justice in South Korea announced its pla...
Tech stocks are having their best January in decades — here’s why that may not be a good sign
Technology stocks are on quite a tear to start 2023, but that could actually be an ominous signal. The Nasdaq Composite Index COMP, +0.95% is up 11% so far this month, on track for its best January pe...
Best Crypto Tax Software In The United Kingdom
Top Crypto Tax Software in the UK Crypto Tax Software: What Is It? Crypto tax software is a program that helps you prepare taxes for your earnings on crypto assets. It allows you to calculate your pro...
What will the Fed and Jerome Powell do next week?
Jittery U.S. investors are still in “bad news is good news” mode because they want to see interest rates decline. And they expect to get what they want, as shown by the inverse yield curve. Two-year U...
Bitcoin miner Gryphon going public via deal to buy cannabis software company Akerna
Gryphon Digital Mining is going public in a deal to buy Akerna Corp. in an all-stock transaction. Privately-held Gryphon, which claims to be a carbon neutral bitcoin miner, will buy the publicly...
IBM’s layoffs aren’t helping the stock, as analysts still fret about cash flow
International Business Machines Corp. shares slumped Thursday after analysts picked apart Big Blue’s free cash flow results and outlook amid layoffs, and found a “mixed blessing” in the company’s driv...
Axway Software: Upward Revision of 2022 Annual Targets
PARIS–(BUSINESS WIRE)–Regulatory News: Axway (Paris:AXW) today announces an upward revision of its organic growth and profitability guidance for the fiscal year ended December 31, 2022. While the comp...
G2 Sees Continued Growth in 2022, Reaching 2 Million Software Reviews
During its 10th year in business, the world’s largest software marketplace continues momentum with launch of Market Intelligence solution and 27% employee growth CHICAGO–(BUSINESS WIRE)–G2, the world’...
IBM posts biggest annual sales increase in more than a decade, announces layoffs
International Business Machines Corp. increased revenue more than 6% in 2022, the biggest sales increase for Big Blue in more than a decade, but its stock fell in extended trading Wednesday. Chief Exe...
Microsoft, Texas Instruments, Tesla, Intuitive Surgical, and More Market Movers
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Opinion: Microsoft gave Wall Street hope, but then the cloud forecast turned dark
Microsoft Corp. sparked a relief rally for the cloud Tuesday, then rained on that parade after less than two hours of joy. Microsoft MSFT reported slightly disappointing holiday-quarter results, but t...
Biden targets stock buybacks — do they help you as an investor?
There seem to be two camps when it comes to stock buybacks. On one hand, share buybacks can reduce a company’s share count, which increases profit per share and hopefully supports a rising stock price...