Here you will find all the articles with the tag: stock market.
Salesforce is engaged in a hefty battle at the board level with several activist shareholders. These believe that Salesforce is performing far below its potential and that things must improve. Revenue and especially profit needs to go up. One of the demands of Elliot Management, the largest activis... Read more
2 months ago
Arm has informed customers that it will adjust its licensing model and introduce new pricing calculations for its chip technology. With this, Arm would like to boost its stock market value ahead of its upcoming IPO. The Financial Times writes based on sources. Whereas Arm currently bases royalti... Read more
3 months ago
Softbank posted a record loss of €23 billion. The tech investor wants to buy back a large amount of shares in response. Softbank, like other tech companies, is experiencing the consequences of a stagnant tech market. Softbank saw a slight revenue increase of 0.4 percent in its first fiscal qua... Read more
10 months ago
Salesforce presented its first-quarter fiscal results. The organization exceeded expectations, lifted its full-year profit guidance and sent the stock flying in after-hours trading. The company reported revenue of $7.4 billion, a 24 percent increase from last year. “We had another great quarte... Read more
1 year ago
DevOps vendor JFrog announced its first quarter's financial report. Revenue grew to 64 million dollars, up 41 percent from last year. JFrog's shares skyrocketed following the announcement. Shlomi Haim, the CEO and co-founder of JFrog, said that they had signified a great fiscal start to 2022 wi... Read more
1 year ago
Zendesk onboarded advisors from Qatalyst Partners to explore a potential sale. This is reported by Bloomberg based on insider sources. Zendesk might go private. Though Zendesk and Qatalyst Partners refused to comment, Bloomberg sources indicate that potential buyers were found and contacted. In... Read more
1 year ago
Although Snowflake generated a hefty turnover in the past fiscal year, its share prices fell drastically. Furthermore, Snowflake announced the acquisition of Streamlit, an open source framework for building and sharing data applications. The annual figures for the fiscal year of 2022 show that S... Read more
1 year ago
Tech stocks are feeling most of the pressure from a recent market selloff, highlighting how an extended downturn in the sector could impact the broader equity indexes. Monday saw a sharp drop which caused the S&P technology sector to go down 6.7% since the overall S&P 500 closed at a rec... Read more
2 years ago
Qualtrics’ shares have jumped more than 45% in its trading debut after the company sold 51.7 million shares on Thursday night in an initial public offering. It managed to raise more than $1.5 billion. The shares were priced at $30 per share. Listed under the ticker symbol XM, the company share... Read more
2 years ago
Data-analysis company Databricks appears to be planning to make its stock market debut next year. This is according to anonymous sources. According to the anonymous sources, that have spoken to Bloomberg, the discussions are still at an early stage. The company is said to have already spoken to ... Read more
3 years ago
