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 …
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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 …
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Gold futures moved Thursday lower in volatile trading that saw prices in both directions up as much as 2%. Federal Reserve Chairman Jerome Powell announced changes to the central bank’s policy framework in a speech at the Jackson Hole Economic Symposium that were seen as offering a more accommodative monetary …
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Apple shares rise for the fifth straight trading session after Morgan Stanley analyst Katy Huberty slammed in with an increasingly Bullish view of the company’s prospects. Huberty increased its price target on Apple’s stock AAPL, + 1.81% to $ 520 from $ 431 in a Monday note to clients. The …
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“ ‘They know that overhauling the festivities – that is, continuing to speculate in companies that have gigantic values relative to the cash they are likely to generate in the future – will eventually bring pumpkins and mice. However, they hate to miss a single minute of what one Helluva …
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