Crowded Tech Hedge Fund Positions

Slack co-founder: We will be more aggressive with acquisitions

Yahoo Finance catches up quickly with Slack co-founder Stewart Butterfield in the wake of the company announcing its sixth-ever acquisition.

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  Why Slack Stock Jumped Today

  Motley Fool
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  Stock Markets Rebound Wednesday as Slack, Zoom Vie for Workplace Collaboration Supremacy

  Motley Fool

UMC Reports Sales for June 2020

United Microelectronics Corporation (NYSE: UMC; TWSE: 2303) ("UMC"), today reported unaudited net sales for the month of June 2020.

OneConnect Company Selected for the 2020 CB Insights China Fintech 50 List

OneConnect Financial Technology Co., Ltd. ("OneConnect Company" or the "Company") (NYSE: OCFT), was selected on June 29 for the 2020 CB Insights China Fintech 50 List, which recognizes the best fintech enterprises in China.

Ping Identity Announces Upsize and Pricing of Follow-on Offering of Common Stock by Selling Shareholders

Ping Identity Holding Corp. (NYSE: PING) ("Ping Identity"), the Intelligent Identity solution for the enterprise, today announced the upsize and pricing of a public follow-on offering of 8,977,968 shares of its common stock by certain selling shareholders at $32.00 per share. Certain of the selling shareholders have also granted the underwriters a 30-day option to purchase up to an additional 1,346,695 shares of common stock on the same terms and conditions. The offering was upsized from the previously announced offering size of 7,500,000 shares of Ping Identity’s common stock. This offering will not dilute ownership of any existing investors. Ping Identity will not receive any proceeds from the sale of shares by the selling shareholders, and will not issue any shares of its common stock in the offering. The offering is expected to close on July 13, 2020, subject to customary closing conditions.

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  GoHealth, Inc. Announces Launch of Initial Public Offering

  PR Newswire
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  Acceleron Announces Closing of Public Offering of Common Stock and Exercise of Underwriters’ Option to Purchase Additional Shares

  Business Wire

Here's How Atlassian Stock Gained 50% in the First Half of 2020

The cloud-based collaboration and project management specialist was already on a roll when the coronavirus pandemic arrived with even more rocket fuel.

These 3 Tech Stocks Are Absurdly Overvalued Right Now

Over the last few decades, the tech industry has remained on the cutting edge, bringing new and innovative technologies to society. This has generated heavy demand in the market for some tech stocks. Consequently, some tech names have risen to absurd valuations.

Got $3,000 to Invest? These 3 Stocks Could Deliver Explosive Gains

The same amount invested in Netflix on this date in 2005 would be worth a whopping $602,000, and the same $3,000 investment in Shopify five years ago would be worth approximately $97,500 at today's prices. Here's why Cloudflare (NYSE: NET), Impinj (NASDAQ: PI), and HUYA (NYSE: HUYA) are top stocks for risk-tolerant investors seeking massive returns. You may not have heard of Cloudflare, but it's a virtual certainty that you've visited websites that depend on the company's technology.

Is Fastly Stock a Buy?

Earlier this year, you probably wouldn't have guessed that Fastly (NYSE: FSLY) was a monster stock in the making. Over a period of just 25 days between mid-February and mid-March, Fastly lost more than 50% of its value. After such unprecedented gains, should investors consider adding Fastly stock to their portfolios right now, or has that ship already sailed?

Why HubSpot Surged 41.5% in the First Half of 2020

Shares of HubSpot (NYSE: HUBS) rose 41.5% during the first half of 2020, according to data from S&P Global Market Intelligence. A combination of steady subscription revenue and low interest rates helped contribute to HubSpot's rise. In addition, HubSpot reported first-quarter earnings that beat analyst expectations, while giving optimistic commentary on the future, fueling further gains.

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  Why Barrick Gold Stock Rocketed 50% Higher in the First Half of 2020

  Motley Fool
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  Why Anheuser-Busch InBev Tumbled 39.7% in the First Half of 2020

  Motley Fool

Why Dropbox Stock Climbed 21.6% in the First Half of 2020

Shares of Dropbox (NASDAQ: DBX) gained 21.6% in the first six months of the year, according to data from S&P Global Market Intelligence. Dropbox reported results for the fourth quarter in February and posted sales and earnings that topped the market's expectations. The average analyst targets, as polled by Refinitiv, had earnings of $0.14 per share on revenue of $443 million.

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  Can NIU TECHADR (NIU) Run Higher on Rising Earnings Estimates?

  Zacks
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  Earnings Estimates Rising for Papa John's (PZZA): Will It Gain?

  Zacks

JinkoSolar to Supply Over 300 Modules for Chile's Solar Park

For 2020, JinkoSolar (JKS) projects total solar module shipments of 18-20 GW, indicating an improvement of 35% year over year.

5 Growth-Focused Cloud Stocks to Buy Amid Coronavirus Crisis

Here we choose five cloud-focused technology stocks that are well poised to grow amid the coronavirus crisis.

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  Oracle Autonomous Database Now Available in Customer Datacenters

  PR Newswire
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  Oracle offers to put its new cloud technology inside customer data centers

  Reuters

Dropbox (DBX) Gains As Market Dips: What You Should Know

Dropbox (DBX) closed at $22.44 in the latest trading session, marking a +0.09% move from the prior day.

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  Pctel (PCTI) Stock Sinks As Market Gains: What You Should Know

  Zacks
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  Johnson & Johnson (JNJ) Stock Moves -0.09%: What You Should Know

  Zacks

Cloudflare Announces Date of Second Quarter 2020 Financial Results

Cloudflare, Inc. (NYSE: NET), the security, performance, and reliability company helping to build a better Internet, today announced that it will report its financial results for the second quarter ended June 30, 2020 after the U.S. market closes on Thursday, August 6, 2020.

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  New Mountain Finance Corporation Schedules its Second Quarter 2020 Earnings Release and Dividend Announcement

  Business Wire
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  The Wendy's Company to Report 2020 Second Quarter Results on August 5

  PR Newswire

These 3 Stocks Are Absurdly Overvalued Right Now

Explosive revenue growth and exposure to attractive markets don't turn these stocks into investment opportunities.

Why the Earnings Surprise Streak Could Continue for Atlassian Corporation PLC (TEAM)

Atlassian Corporation PLC (TEAM) 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.

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  Dominion Energy (D) Outpaces Stock Market Gains: What You Should Know

  Zacks
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  Wells Fargo (WFC) Gains But Lags Market: What You Should Know

  Zacks

CSIQ vs. FSLR: Which Stock Should Value Investors Buy Now?

CSIQ vs. FSLR: Which Stock Is the Better Value Option?

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  HIW or DLR: Which Is the Better Value Stock Right Now?

  Zacks
• P/E Ratio Insights for AT&T

  Benzinga

Why StoneCo Stock Rose 22% in June

StoneCo quickly returned to growth as Brazil relaxed coronavirus guidelines. And the country reopened more activities in June.

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  Why Shares of Apache Jumped 25% in June

  Motley Fool
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  Why Halliburton's Stock Rallied 10% in June

  Motley Fool

First Solar (FSLR) in Focus: Stock Moves 7.1% Higher

First Solar (FSLR) saw a big move last session, as its shares jumped more than 7% on the day, amid huge volumes.

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  Should Value Investors Buy United States Cellular (USM) Stock?

  Zacks
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  What Makes Ameresco (AMRC) a New Strong Buy Stock

  Zacks

Tech Rally Drives Nasdaq to New High: 5 Stocks to Buy Right Now

The rally in technology stocks has been aiding the Nasdaq Composite. Here we have picked five technology stocks that are well poised to grow as economic activities gain momentum in the United States.

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  Tech shares drive Wall Street higher

  Thomson Reuters
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  US Stock Market Overview – Stocks Rally Led by the Nasdaq Which Notched Up another Record High

  FX Empire

How Risky Is Fastly?

This cloud service provider's stock is up by more than 650% in less than four months. Is the stock a safe bet?

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  Busy weekend for first responders

  ABC 10 News San Diego
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  Lady Gaga Rocks a 'Chromatica'-Themed Face Mask for Her Latest Instagram Selfie

  Harper's Bazaar

Better Buy: Slack Technologies vs. Datadog

Slack (NYSE: WORK) and Datadog (NASDAQ: DDOG) were both major software IPOs last year. Datadog, which arrived via a traditional IPO last September, helps companies analyze their full infrastructure -- including cloud services, servers, apps, services, and more -- on a single real-time dashboard. Both companies provide innovative services, but investors clearly favored Datadog over Slack.

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  Why Slack Stock Jumped Today

  Motley Fool
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  Stock Markets Rebound Wednesday as Slack, Zoom Vie for Workplace Collaboration Supremacy

  Motley Fool

Dow Jones Futures: Apple, Amazon Lead Coronavirus Stock Market Rally; Tesla 'Very Close' To Full Self-Driving, Musk Claims

Apple and Amazon led Wednesday's stock market rally as Fortinet, gold stocks and several others broke out. Tesla and rival Nio rose early Thursday after finally falling Wednesday.

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  Dow Jones Searches for Direction as Apple Stock Rallies; IBM Acquires Automation Company

  Motley Fool
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  Market Recap: Wednesday, July 8

  Yahoo Finance Video

3 Things Fastly Stock Bulls Need to Happen Soon

Cloud computing stocks have held up very well during the coronavirus crisis, as enterprises across the globe accelerate their transition to remote operations and e-commerce. With more people than ever needing to access information remotely, Fastly (NYSE: FSLY) has seen demand for its content delivery network services rise dramatically. Fastly's stock doubled in just four weeks during June and early July, and investors appear more excited than ever about the company's ability to capitalize on its edge cloud computing expertise.