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The Latest Breaking News from Patrick Walravens

Salesforce Loses Top Artificial Intelligence Executive, Says Analyst

A top Salesforce artificial intelligence executive, Clara Shih, has left amid changes in its strategy. Salesforce stock has gained 26% in 2024.

Investors Business Daily

Analysts overhaul Oracle stock price targets as shares hit record high

Legacy software group Oracle has reinvented itself into a cloud computing leader thanks to the surge in AI investment.

The Street

Analysts reboot Snowflake stock price target after earnings

This is what could happen next to Snowflake shares.

The Street

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Analysts revamp Salesforce stock price targets after earnings

Salesforce shares are set to shed more than $40 billion in value following a disappointing earnings update.

The Street

Analysts revamp Oracle price targets after Q3 earnings and Nvidia deal tease

Oracle CEO Safra Catz teased 'very nice announcements' with Nvidia over the coming days.

The Street

Atlassian Performs Despite Macro Headwinds: 4 Analysts On Q4 Print, Outlook

Shares of Atlassian Corp (NASDAQ: TEAM) surged in early trading on Friday

Zenger

ZoomInfo Technologies Plunges On Mixed Q2 Earnings And Weak Guidance

Analysts express concerns over software sales and downward revenue revisions

Zenger

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Salesforce Leaps On Possible Board Changes Following Activist Stake

Salesforce is said to be mulling big board changes following news that activists have taken stakes in the enterprise software group.

The Street

Why 5 Twilio Analysts Are Slashing Price Targets After Earnings

Shares of Twilio Inc (NYSE: TWLO) Thursday tumbled on disappointing quarterly revenue and projections. BofA Securities On Twilio

Benzinga

Not Succeeding? You're Trying Too Hard, Says Top Tech CEO

Some company founders talk about the brilliance of their business idea. But not Zendesk CEO and co-founder Mikkel Svane. Simple ideas are often best.

Investors Business Daily

5 Adobe Analysts React To Earnings Beat, Guidance Miss, Figma Acquisition

Adobe Inc (NASDAQ: ADBE) shares traded lower by another 4.5% on Friday after the stock dropped 17% on Thursday, its worst day since 2010.

Benzinga

8 Coupa Software Analysts Weigh In After Stock Spikes Following Upbeat Q2 Results

Shares of Coupa Software Inc (NASDAQ: COUP) spiked in Tuesday's after-hours session, after the company reported upbeat financial results and announced a $100 million buyback. Wells Fargo On Coupa Software

Benzinga

Analysts Continue To See Upside In Salesforce Post Q2 Beat Despite Challenging Macros

Salesforce, Inc (NYSE:CRM) clocked 22% revenue growth to $7.72 billion in Q2, beating consensus. The EPS of $1.19 topped the consensus. The board approved a buyback of up to $10 billion. The Q3 and FY guidance were below the consensus. Mizuho analyst Gregg Moskowitz reiterated a Buy and cut the price target from $245 to $235.…

Benzinga

Zoom Had Disappointing Quarter, Faces Transition Year: Here's Why Some Analysts Are Cutting Price Targets

Video communications company Zoom Video Communications Inc (NASDAQ: ZM) reported earnings per share (EPS) that beat Street estimates and revenue which missed Street estimates on Monday. Analysts sized up the latest quarterly report and the company’s guidance.

Benzinga

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Benzinga

Analysts Remain Cautious Over SAP Post Q2 Results

Analysts remained divided with a cautious tone over SAP SE's (NYSE:SAP) prospects post Q2 results. Barclays analyst Raimo Lenschow saw SAP managing expectations into Q2, and the move lower in consensus halved the adj. EBIT miss. He found the FY guidance cut was unexpected, though, especially following reiterations in the quarter, and could not…

Benzinga

6 Adobe Analysts React To Q2 Earnings Beat, Guidance Cut, Heightened Execution Risks

Adobe Inc (NASDAQ: ADBE) shares traded slightly higher on Friday after the company's full-year guidance disappointed Wall Street.

The Street

Adobe Stock Slides As Muted Cloud Sales Forecast Offsets Q2 Earnings Beat

"Everybody would have knowledge that it's an uncertain macroeconomic environment. But we believe that we will continue to win by delivering great innovative products," said CEO Shantanu Narayen.

The Street

Stocks Bump Higher, Biden on Recession, Twitter, Adobe And The Golden State Warriors - Five Things To Know

Stock futures bump higher but growth worries persist; Biden insists recession not 'inevitable', but Americans 'really down'; Twitter shares higher after Elon Musk town hall; Adobe shares slump after muted cloud sales outlook and the Golden State Warriors win fourth NBA title in eight years

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Benzinga

Not All Cloud Cloud Companies Are Equal: 4 Analysts Cautious On Oracle After Q4, Here's Why

Shares of Oracle Corporation (NYSE: ORCL) are trading higher Tuesday after the company reported fourth-quarter earnings results after market close Monday.

Benzinga

Here's How Analysts View Braze Post Q1 Beat

Analysts acknowledged Braze, Inc's (NASDAQ:BRZE) Q1 beat amid macro headwinds. Piper Sandler analyst Brent Bracelin maintained Braze with an Overweight and cut the price target from $65 to $42 based on lower growth assumptions given increasing external risks. Despite increasing macro headwinds, BRZE delivered another strong quarter. Increasing investments in direct-to-consumer (DTC) and first-party data stacks have…

Benzinga

7 Coupa Software Analysts React To Q1 Earnings Beat: 'Lots Of Noise Around Billings'

Coupa Software Inc (NASDAQ: COUP) shares traded higher by 1.8% on Tuesday after the company reported strong earnings numbers and record subscription revenues in the first quarter.

Benzinga

9 Salesforce Analysts React To Q1 Earnings Beat: 'Next Quality Software GARP Stock'

Salesforce Inc (NYSE: CRM) shares jumped Wednesday morning after the company reported first-quarter earnings and raised its profit forecast.

Benzinga

Zoom Beats Estimates, But Could Have Rough Year: What 8 Analysts Have To Say

Quarterly revenue and earnings per share from Zoom Video Communications (NASDAQ: ZM) came in better than anticipated from analysts. Here are the key takeaways from analysts on what’s next for the video technology company.

Benzinga

'Still A Second-Half Story': Twilio Analysts React To Mixed Q1 Earnings

Twilio Inc (NYSE: TWLO) shares dropped 2.7% on Thursday after the company reported conservative second-quarter guidance.

People

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