Eric Yuan, founder of Zoom, stands in front of the Nasdaq building as the screen shows the logo of video conferencing software company Zoom after the opening ceremony on April 18, 2019 in New York City. Kenna Battenkur | Getty Images Check out the companies that make headlines after brick: …
Read More »Analysts hold workday stock rallies to record price targets on strengthening in the cloud
Workday Financial Management Desktop Product Work day Shares of Workday Inc. set new records on Friday after nearly three-quarters of analysts raised their price targets on the human resources cloud-software software company following earnings reports and outlook. WORKDAY WDAY, + 14.29% The stock rose more than 14 per cent to …
Read More »Nutanix stock rockets to the best day on record, although analysts warn of uncertainty ahead
The shares of Nutanix Inc. were up 28% on Friday morning and on track for their biggest one-day percentage gain on record, after the cloud computing company exceeded earnings expectations for its last quarter, announced a private equity investment and announced the upcoming pension of its CEO. Some analysts took …
Read More »Bill.com hits on earnings, CEO predicts trends from home ‘stay here’
Bill.com Holdings Inc. Chief Executive René Lacerte is optimistic that the COVID-19 crisis will drive a longer-term shift to remote work that increases the demand for digital accounting tools. The company already saw signs of those trends in its recently ended fiscal fourth quarter, as it added 6,700 net new …
Read More »Dell, VMware shares stand on strength of work from home (and learning)
Dell Technologies Inc. shares rose higher on Thursday as the computer company’s earnings and adjusted earnings exceeded Wall Street expectations. Dell DELL, + 0.48% shares traded 1.8% after hours after closing the regular session at $ 62.43, up about 0.5%. The company reported second-quarter net income of $ 1.1 billion, …
Read More »