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Category: Enterprise


Enterprise, Finance Tech, Industries, Trading

Pinterest drops, PayPal pops after the payments platform says it is no longer exploring acquisition of social media company

October 25, 2021

Via: Markets Insider

A rumored merger between PayPal and Pinterest is no longer under consideration, and the two stocks are moving in opposite directions following the news. “In response to market rumors regarding a potential acquisition of Pinterest by PayPal, PayPal stated that […]


Enterprise, Industries

WeWork gains 9% in long-awaited trading debut 2 years after failed IPO attempt

October 21, 2021

Via: Markets Insider

WeWork stock climbed in its first day of trading Thursday, two years after its efforts to launch an initial public offering crashed. The flexible-workspace company went public through a merger with BowX Acquisition, a special purpose acquisition company, with the […]


Enterprise, Industries

Palo Alto Networks could rise 22% on the back of increased government spending to combat cyber threats, Wedbush says

October 11, 2021

Via: Markets Insider

High-profile cyber attacks against Solarwinds and Colonial Pipeline have ignited increased spending in cybersecurity that is set to benefit Palo Alto Networks stock, according to a Sunday note from Wedbush. Wedbush raised its price target on Palo Alto Networks to […]


Enterprise, Industries

Globalstar soars 68% amid speculation that upcoming iPhone 13 will include its satellite technology

August 30, 2021

Via: Markets Insider

Shares of Globalstar popped as much as 68% on Monday amid ongoing speculation that its satellite-based technologies may be included in the upcoming iPhone 13. According to MacRumors, citing an analyst note from Ming-Chi Kuo of TFI Securities, Apple may […]


Enterprise, Industries

Salesforce Sales Jump on Pandemic-Fueled Demand for Cloud Services

August 25, 2021

Via: The Wall Street Journal

Salesforce.com Inc. reported a boost in quarterly sales and again lifted its full-year outlook in a sign that companies continue their bet on cloud computing for business applications as the Delta variant of Covid-19 spreads. The business-software provider has been […]


Enterprise, Industries

Lenovo Q1 profit more than doubles to beat expectations, shares jump

August 11, 2021

Via: Investing.com

China’s Lenovo Group (OTC:LNVGY) Ltd said it expects strong demand for personal computers to continue until at least 2025 as the pandemic permanently changes how people live and work, after it reported a more than doubling in first-quarter profit. The […]


Enterprise, Industries

Lithia Motors Rises As Quarterly Results Exceed Estimates

July 21, 2021

Via: Markets Insider

Shares of auto retailer Lithia Motors, Inc. (LAD) are up more than 7% Wednesday morning following upbeat second-quarter results. Net income in the second quarter increased 292% to $305 million or $10.75 per share from $78 million or $3.38 per […]


Enterprise, Industries, Manufacturing

Tesla’s China-made car sales surged 29% in May after an April drop

June 8, 2021

Via: Markets Insider

Tesla sold 33,463 China-made electric cars in May, including exports, a 29% jump from April, according to data from the China Passenger Car Association (CPCA) on Tuesday. China’s overall passenger vehicle sales jumped 1.1% to 1.66 million cars in May […]


Enterprise, Industries

Ford stock could climb another 12% on a refreshed vehicle lineup and a boost from inflation, JPMorgan says

June 4, 2021

Via: Markets Insider

Ford stock could climb another 12% with a boost from its refreshed vehicle lineup and inflation, JP Morgan says. In a note to clients on Friday, JP Morgan analysts led by Ryan Brinkman reiterated their “overweight” rating on shares of […]


Enterprise, Industries

Nvidia extends rally after the company announces a four-for-one stock split

May 24, 2021

Via: Markets Insider

Nvidia stock extended its gains to as much as 7% on Monday after the company announced a four-for-one stock split last Friday. Management said the split will help “make stock ownership more accessible to investors and employees,” according to a […]