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” Magnificent Stock Down 78% to Buy Hand Over Fist”

“…SentinelOne (NYSE: S) specializes in automated cybersecurity software driven by AI, which reduces the workload on human operators so that fewer incidents slip through. SentinelOne stock is trading 78% below its all-time high that was set during the 2021 tech frenzy. However,… Continue Reading…

Business

“CrowdStrike Peer Ramps Up 406% Growth — And New Buy Point”

“Boosted by 406% earnings growth last quarter and strong forecasts ahead, CyberArk Software (CYBR) has set up a new potential breakout after already fueling an impressive run. As a result, CYBR stock has secured its place on the latest list of new buys… Continue Reading…

Business, Stocks

“Cisco To Acquire Software Maker Splunk In $28 Billion Cash Deal”

“Cisco Systems (CSCO) on Thursday said it will acquire software company Splunk (SPLK) for $28 billion in cash. Splunk shares surged on the news but CSCO stock fell. Cisco will buy Splunk for $157 per share, a 31% premium to the software firm’s… Continue Reading…

Business

“Elon Musk says Tesla will hike the price of FSD driver assistance software by 25% in September”

“Tesla CEO Elon Musk on Sunday announced a 25% price increase for the company’s premium driver assistance system, which is marketed under the name Full Self-Driving, or FSD. The price will increase to $15,000 from $12,000 on Sept. 5, Musk said in a… Continue Reading…

Stocks

“A Tale of 3 “Perfect 10” Stocks”

“Brunswick Corporation (BC)… Brunswick gets a Strong Buy from the analyst consensus, showing that Wall Street agrees with Altobello’s bullish take. The recent reviews break down to 9 Buys and just 2 Holds. Shares are priced at $62.11, and the $79… Continue Reading…

Business, Stocks

“Zoom shares drop following Tuesday’s 40% surge”

“Shares of Zoom dropped around 7% Wednesday morning, as investors likely took their profits from Tuesday’s stock surge.  The videoconferencing software company’s stock soared 41% on Tuesday after it reported fiscal second-quarter earnings that were better than analysts had expected and raised its full-year guidance. The company… Continue Reading…

Stocks

“Selling software service stocks on trade worries is a ‘big mistake,’ Jim Cramer says”

“Don’t give up on the entire technology sector of the market, according to CNBC’s Jim Cramer. The “Mad Money” host advised that selling off would be a poor miscalculation, urging investors to “ask yourself what you’re selling.” “If you’re dumping an ETF, be… Continue Reading…

Business

IBM Makes Biggest acquisition In Software History

“… IBM said it would buy cloud computing firm Red Hat for $34 billion — the largest software deal in history. Red Hat, which facilitates the movement of data across various cloud platforms, is an industry leader. Dimitris Mavrakis, research… Continue Reading…