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China's press and publication regulator has issued new rules on applications for publishing online games in China, signalling a possible acceleration in the handing out of formal approvals. China stopped granting licences to monetize online games in March 2018, hurting the industry and developers such as Tencent Holdings Ltd and NetEase Inc. It started up approvals again in December, only to ask local governments to pause on submitting applications in February. Gaming market research and consulting firm Niko Partners said the administration had explained the new rules to industry insiders earlier in the month, saying it was grinding through a backlog of applications submitted last year.
FireEye (FEYE) has been upgraded to a Zacks Rank 2 (Buy), reflecting growing optimism about the company's earnings prospects. This might drive the stock higher in the near term.
In the latest trading session, Vishay Intertechnology (VSH) closed at $20.38, marking no change from the previous day.
How Are Cybersecurity Stocks Trading Compared to Valuations?(Continued from Prior Part)Stock returns Cybersecurity (HACK) stock FireEye (FEYE) has taken investors on a volatile ride over the last few years. The stock generated returns of -16% in the
German car parts maker Continental and French rival Valeo have joined Daimler and Bury Techologies to seek an EU antitrust investigation into Nokia's patent licensing practices for cars, the Finnish tech company said on Wednesday. Last month, German carmaker Daimler and Bury complained to the European Commission about Nokia's patents essential to car communications.
FireEye (FEYE) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.
HealthEquity (HQY) reported earnings 30 days ago. What's next for the stock? We take a look at earnings estimates for some clues.
The Delaware Supreme Court has ruled that a lower court erred when it used the “efficient markets hypothesis” to value a company acquired by Hewlett-Packard, in a case closely watched by hedge funds who challenge corporate buyout prices in the state where most American companies are domiciled. The ruling is the latest in the Delaware court system’s back and forth over the fair value of Aruba Networks, a Silicon Valley company acquired by HP for $3bn in 2015 at $24.67 per share. Travis Laster, vice-chancellor, had ruled in 2018 that the fair value of Aruba was its average trading price in the month before rumours of the acquisition sent the shares up.
Here Are Some Secrets behind NVIDIA's Success(Continued from Prior Part)NVIDIA’s go-to-market partners NVIDIA (NVDA) has been strengthening its products by working alongside industry partners to identify the applications where AI (artificial
Here Are NVIDIA's Key Growth Catalysts(Continued from Prior Part)NVIDIA’s investments NVIDIA (NVDA) has been leveraging its platform strategy and product segmentation strategy to improve its profits while keeping its expenses in check. Its
International Business Machines Corp reported a bigger-than-expected drop in first-quarter revenue on Tuesday, hurt by tapering demand for its mainframe computers and a stronger dollar, sending its shares down about 3 percent. The technology giant's revenue at all its main business units except cloud, which has been the centerpiece of its turnaround strategy, missed analysts' estimates. IBM's cloud and cognitive segment, which includes analytics, cybersecurity and artificial intelligence, fell 1.5 percent to $5.04 billion in the quarter, but beat FactSet estimates of $4.18 billion.
The Yokneam, Israel-based company said it had profit of 87 cents per share. Earnings, adjusted for one-time gains and costs, came to $1.59 per share. The results beat Wall Street expectations. The average ...
International Business Machines Corp reported a bigger-than-expected drop in quarterly revenue on Tuesday, an indication that its efforts to pivot to newer businesses such as cloud, analytics, software and services remained patchy at best. Under Ginni Rommetty's stewardship, the company has shed many of its traditional hardware businesses and beefed up the growth areas through deals such as its $34 billion deal for Red Hat Inc, by far the company's biggest acquisition. Shares of the technology services giant have gained about 18 percent since Jan.22, when it reported its fourth-quarter results.
Are These Tech Stocks Overvalued after Nearing 52-Week Highs?(Continued from Prior Part)Stock returnsCybersecurity (HACK) stock Fortinet (FTNT) has generated returns of 68% in the last 12 months. The stock easily outperformed broader markets last
Are These Tech Stocks Overvalued after Nearing 52-Week Highs?(Continued from Prior Part)Stock returnsTechnology hardware company Cisco Systems (CSCO) has generated returns of 31% in the last 12 months. The stock was volatile last year but managed to
Here Are NVIDIA's Key Growth Catalysts(Continued from Prior Part)NVIDIA in data science NVIDIA (NVDA) is the preferred choice for hyperscalers and HPC (high-performance computing). It powers 127 of the top 500 fastest supercomputers in the world