International Business Machines (IBM) … too much of a good thing. IBM is up twice as much as the market the past 12 months (and, per chance, twice as much as the S & P 500 Technology Sector and the NASDAQ 100 Index). The stock is trading in an… Article Source https://www.cnbc.com/2024/10/11/ibm-shares-are-the-most-stretched-in-20-years-so-it-may-be-time-to-sell-says-carter-worth.html
Oracle Corporation (NYSE:ORCL) shareholders have had their patience rewarded with a 27% share price jump in the last month. Looking back a bit further, it’s encouraging to see the stock is up 63% in the last year. Following the firm bounce… Article Source https://simplywall.st/stocks/us/software/nyse-orcl/oracle/news/market-participants-recognise-oracle-corporations-nyseorcl-e
On Friday, BofA Securities maintained its Buy rating on Broadcom Limited (NASDAQ:) shares, affirming a $215.00 price target. The endorsement follows a meeting at Broadcom’s headquarters, attended by CEO Hock Tan, CFO Kirsten Spears, and IR head… Article Source https://www.investing.com/news/company-news/bofa-keeps-broadcom-shares-as-top-pick-cites-sales-projections-93CH-3660256
Hewlett Packard Enterprise Company HPE shares are trading higher on Friday. BofA Securities analyst Wamsi Mohan maintained a Buy rating at a price target of $24.00. On Thursday, at HPE’s AI Day, the company introduced the industry’s first… Article Source https://www.benzinga.com/analyst-ratings/analyst-color/24/10/41294150/whats-going-on-with-hewlett-packard-enterprise-shares-friday
On Friday, Citi reaffirmed its Neutral stance on HP (NYSE:) Enterprise (NYSE:HPE) shares, maintaining a price target of $20.00. The firm’s assessment follows a recent visit to HPE’s Wisconsin facility, which is instrumental in assembling and… Article Source https://www.investing.com/news/company-news/citi-sustains-neutral-rating-on-hpe-shares-sees-ai-potential-93CH-3660228
Amazon (AMZN) stock closed 3% lower Monday as Wells Fargo (WFC) analysts downgraded shares, noting that the company’s strength in the cloud services market won’t be enough to stave off other hurdles to its profit margins. Wells Fargo analyst Ken… Article Source https://finance.yahoo.com/news/amazon-stock-sinks-as-wells-fargo-downgrades-shares-200931181.html
Cathie Wood’s Ark Invest Swoops In To Buy AMD Shares As Nvidia Looms Large Benzinga and Yahoo Finance LLC may earn commission or revenue on some items through the links below. On Wednesday, Cathie Wood-led Ark Invest made a significant move in the… Article Source https://finance.yahoo.com/news/cathie-woods-ark-invest-swoops-110106424.html
Cisco has revealed that Webex Contact Center seats surged by 75 percent in FY24. That growth spans industries but is particularly pronounced within the financial services, healthcare, and retail sectors. In… Article Source https://www.cxtoday.com/contact-centre/cisco-enjoys-a-75-percent-surge-in-ccaas-seats-shares-plans-for-the-webex-contact-center/
Tobam Acquires 11,006 Shares of Broadcom Inc. (NASDAQ:AVGO) MarketBeat Article Source https://www.marketbeat.com/instant-alerts/nasdaq-avgo-sec-filing-2024-10-11/
An HSBC analyst increased the price target for Oracle Corporation (NYSE: NYSE:) shares to $180 from $166 while reiterating a “Buy” rating. The adjustment reflects the analyst’s expectation that Oracle’s revenue growth will consistently reach… Article Source https://www.investing.com/news/company-news/oracle-shares-price-target-raised-by-hsbc-on-cloud-growth-prospects-93CH-3659341