Newsfeeds Archive - Page 488 of 503

1 minute read

Palo Alto Networks Is Much More Than Just A Firewall, Has 38% Potential Upside According To This Analyst

August 1, 3:23 PM

Wolfe Research analyst Joshua Tilton initiated coverage on Palo Alto Networks Inc (NASDAQ:PANW) with an Outperform rating and price target of $700. Palo…

PANW

1 minute read

What Do Analyst Expect From Earnings of Fintech Stocks Block and Marqeta

By Anusuya Lahiri

August 1, 3:14 PM

The general tone from the payments/banking reports "held the line" of a constructive consumer bias in what KeyBanc analyst Josh Beck saw as more of a "rear-view" lens as the next potential catalyst likely linked to improved macro/out-year model clarity.

AFRM

2 minute read

Rotate From US Tech Sector To China’s Alibaba, Baidu, JD; This Analyst Recommends Investors

By Anusuya Lahiri

August 1, 3:09 PM

The Politburo hosted a conference on economic development late last week, assessing current economic conditions and planning for 2H22.

BABA

1 minute read

RBC Segregates Walled Garden Advertisers Like Amazon, Google From Open-Internet Players Like Magnite, PubMatic, Tremor & Trade Desk

By Anusuya Lahiri

August 1, 3:05 PM

RBC Capital analyst Matthew Swanson acknowledged that earnings to date from walled-garden advertisers split into two groups, and stocks have reacted accordingly, showing investors willing to reward upside against negative sentiment into earnings.

AMZN

1 minute read

Taboola.com and PubMatic Get Downgraded By Analyst Who Considers The Trade Desk Better Positioned In AdTech Space

By Anusuya Lahiri

August 1, 3:03 PM

Ahead of AdTech prints, KeyBanc analyst Justin Patterson lowered estimates across three stocks, downgraded Taboola.com Ltd (NASDAQ:TBLA) and PubMatic, Inc (NASDAQ:PUBM) to Sector Weight, and lowered…

PUBM

1 minute read

It Will Take Time For eBay To Win Back Lost Consumer Mind Share From Alibaba And Others, This Analyst Says While Initiating Coverage

By Anusuya Lahiri

August 1, 12:28 PM

Needham analyst Anna Andreeva initiated coverage on eBay Inc (NASDAQ:EBAY) with a Hold rating. Andreeva expressed optimism over eBay’s innovative initiatives brought…

BABA

1 minute read

Ceragon Networks Misses Q2 Due To Supply Chain, Semiconductor Crisis; Reiterates Outlook

By Anusuya Lahiri

August 1, 9:28 AM

Ceragon Networks Ltd (NASDAQ:CRNT) reported second-quarter FY22 revenue growth of 3.1% year-on-year to $70.7 million, missing the consensus of $72.4 million.…

CRNT

1 minute read

Turkey’s Leading Mobility App Looks To Go Public Via SPAC Merger With Galata Acquisition

By Anusuya Lahiri

August 1, 9:10 AM

Callaway Capital-led special purpose acquisition company (SPAC) Galata Acquisition Corp (NYSE:GLTA) agreed to combine with Marti Technologies Inc, Turkey’s leading mobility app. Marti’s…

GLTA

1 minute read

ON Semiconductor Tops Q2 Backed By Vehicle Electrification, ADAS, Energy Infra, Factory Automation

By Anusuya Lahiri

August 1, 9:02 AM

ON Semiconductor Corp (NASDAQ:ON) reported second-quarter FY22 revenue growth of 25% year-on-year to $2.09 billion, beating the consensus of $2.01 billion.…

1 minute read

Google Shares Plans To Boost Productivity Amid Uncertainty; Does Not Rule Out Layoffs

By Anusuya Lahiri

August 1, 7:37 AM

Alphabet Inc (NASDAQ:GOOG) (NASDAQ:GOOGL) Google launched a new effort called “Simplicity Sprint” to drive efficiency and improve employee focus…

GOOG