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The Latest Breaking News from Blair Abernethy

MongoDB Stock Soars, 9 Analysts Hike Estimates After Blockbuster Results

MongoDB Inc (NASDAQ:MDB) shares climbed in early trading on Tuesday after the company reported upbeat fiscal third-quarter results.

Benzinga

Snowflake's New 'AI-Driven Migration' Tech Could Speed Up Cloud Moves By 4x, Analyst Says

Snowflake Inc (NYSE:SNOW) is expected to post strong third-quarter growth as enterprises increasingly tap its data platform to power artificial intelligence and Agentic AI applications.

Benzinga

Autodesk's Strong Quarter Validates Analyst Optimism As Infrastructure, AI Drive Gains

Autodesk, Inc (NASDAQ:ADSK) posted a strong third quarter with double-digit revenue and billings growth, expanded profitability, and a higher full-year outlook as demand for its Architecture, Engineering, and Construction (AEC) and cloud-based design tools continues to surge.

Benzinga

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Datadog Posts 'Great' Q3 Beat, Analysts Praise 'Compounding Growth Ahead'

Shares of Datadog Inc (NASDAQ:DDOG) came under pressure in trading on Friday, despite an upbeat third-quarter results on Thursday.

Benzinga

Cadence Design Systems Outperforms Q3 Expectations Driven By Hardware, China

Shares of Cadence Design Systems Inc (NASDAQ:CDNS) remain under pressure on Tuesday, despite the company’s upbeat third-quarter results.

Benzinga

Snowflake's Palantir Deal Is Key To Unlock Massive AI, Government Data Opportunities: Analyst

Snowflake Inc. (NYSE:SNOW) deepened its artificial intelligence (AI) push with a new partnership with Palantir Technologies Inc. (NYSE:PLTR), aiming to simplify and accelerate enterprise AI development across industries.

Benzinga

Gitlab Analysts Praise Strong Revenue But Caution On Guidance

Investor sentiment around tech stocks remains volatile as companies navigate changing market dynamics and investor expectations. Amid this backdrop, Gitlab Inc.‘s (NASDAQ:GTLB) recent financial performance and strategic adjustments highlight the challenges and opportunities facing tech firms today.

Benzinga

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Autodesk Stock Soars As Analysts Cheer Q2 Beat, 'Continued Momentum'

Autodesk Inc (NASDAQ:ADSK) shares rallied in early trading on Friday after the company reported upbeat fiscal second-quarter results.

Benzinga

Snowflake Analysts Raise Forecasts As Stock Jumps To 52-Week High On Strong Results

As the demand for data-driven insights and cloud-based solutions intensifies, companies providing these services are experiencing significant growth and investor interest. Snowflake Inc. (NYSE:SNOW), a leader in data cloud services, is at the forefront of this trend, capturing attention with its robust financial performance and strategic innovation.

Benzinga

MongoDB Scores Best Day Ever After Earnings Beat—Here's What Wall Street Thinks

MongoDB Inc. (NASDAQ:MDB) is enjoying its biggest one-day rally since going public in 2017.

Benzinga

MongoDB Anticipates AI Expansion—Are Traditional Systems A Barrier?

As technology companies navigate an ever-evolving market landscape, investors closely watch their financial performance to gauge overall industry health. This week, MongoDB Inc. (NASDAQ:MDB) prepares to unveil its latest financial results, potentially setting new benchmarks for software growth trajectories.

Benzinga

Pegasystems Affirms Outlook As Cloud Strategy Powers Momentum

Pegasystems Inc. (NASDAQ:PEGA) exceeded expectations in its fiscal second-quarter 2025 results, demonstrating strong momentum driven by its cloud strategy.

Benzinga

GitLab Bets Big On AI Code Explosion — And Wall Street's Buying In

In a rapidly evolving tech landscape where cloud computing and generative AI are reshaping industries, GitLab Inc. (NASDAQ:GTLB) finds itself at the forefront of this transformation.

Benzinga

Datadog Is A Top Observability Player Leveraging Its Scale, Analysts Hail Company After 5th Dash Conference

Datadog, Inc (NASDAQ: DDOG) held its 5th Dash Conference over two days in New York, unveiling over a dozen new products and features.

Benzinga

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Benzinga

Analysts Cut Price Targets On Splunk After Q2 Performance, Lower ARR Outlook

Splunk Inc (NASDAQ: SPLK) clocked 32% revenue gro

Benzinga

6 Analysts Offer Takes on Snowflake's 'Truly Impressive' Q2 Earnings, Revenue Beat

Shares of Snowflake Inc. (NYSE: SNOW) soared in after-hours trading on Wednesday, after the Bozeman, Montana-based company reported its quarterly revenues ahead of expectations.

Benzinga

Rosenblatt Sees Splunk 'Attractive' At Current Levels - Read Why

Last week, Splunk Inc (NASDAQ: SPLK) held its annual conference, during which it made several products and partner announcements.

Benzinga

Here's What Influenced Analysts At Snowflake Summit

Analysts were impressed by Snowflake Inc's (NYSE: SNOW) Summit user conference in Las Vegas, which included an Investor Day briefing.

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Benzinga

Here's How Analysts Reacted To Microsoft's Outlook Revision

Microsoft Corp (NASDAQ:MSFT) updated its Q4 and FY23 guidance due to recent unfavorable currency headwinds. Microsoft cited an incremental $460 million headwind from FX to its total revenue guidance issued in late April, representing slightly less than a 100bps delta on total revenue. Microsoft now expects revenue of $51.94 billion - $52.74 billion…

Benzinga

Why Autodesk Shares Are Gaining Today

Analysts appreciated Autodesk, Inc (NASDAQ: ADSK) for growing amid macro headwinds.

Benzinga

Rosenblatt Upgrades Snowflake, But Cuts Price Target

Snowflake Inc (NYSE: SNOW) could deliver an in-line or marginally better-than-projected quarter, when it reports results after the closing bell on Wednesday, according to Rosenblatt.

Benzinga

6 Microsoft Analysts Praise Q3 Earnings Beat, Azure Acceleration, Office 365 Momentum

Microsoft Corporation (NASDAQ: MSFT) shares traded higher by 7.2% on Wednesday after the company reported an across-the-board earnings beat and demonstrated impressive sales momentum.

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