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How Far Could CRM Stock Swing In A Year?
Trefis4d agoneutral
How Far Could CRM Stock Swing In A Year?

Salesforce (CRM) stock trades at about $236 after returning about 58% over three months. Its options now price a range over roughly a year that runs from about $152 to about $368. The bottom of that band is a price the stock has already traded through within the past year, and the market is pricing the band a little calmer than the stock has actually moved.

Can This Number Push IBM Stock Higher?
Trefis4d agoneutral
Can This Number Push IBM Stock Higher?

The number worth watching at International Business Machines (IBM) is its annual recurring revenue. It kept growing through a weak quarter. You may expect the story here to be the missed second quarter or the falling stock. It is not. So how big is this recurring revenue business, and how fast is it growing.

Tempus AI (TEM) Has a $75 Goldman Sachs Target, But Its Data Business Faces a Bigger Test
Insider Monkey4d agoneutral
Tempus AI (TEM) Has a $75 Goldman Sachs Target, But Its Data Business Faces a Bigger Test

Goldman Sachs’ Neutral initiation of Tempus AI, Inc. (NASDAQ:TEM) on September 21 puts the company’s fastest-growing businesses under different tests: diagnostics offers visible near-term growth, while the data and applications segment faces renewal risk as several major contracts approach extensions over the next two years. The timing is notable because Tempus AI, Inc. (NASDAQ:TEM) announced […]

NerdWallet, Sezzle, Tradeweb Markets, and Bread Financial Shares Are Falling, What You Need To Know
StockStory4d agobearish
NerdWallet, Sezzle, Tradeweb Markets, and Bread Financial Shares Are Falling, What You Need To Know

A number of stocks fell in the afternoon session after investors kept bidding the group lower after last week’s Federal Reserve hike. On September 16, the Fed raised the federal funds target range by 25 basis points to 3.75%–4.00%, its first increase since 2023, according to the Federal Reserve’s FOMC statement. The Fed said economic activity and domestic spending remain resilient, but stressed that inflation is still elevated and that the increase is intended to support a return to its 2% infla

Jim Cramer Notes Snowflake (SNOW) “Caught Fire in Recent Months”
Insider Monkey4d agoneutral
Jim Cramer Notes Snowflake (SNOW) “Caught Fire in Recent Months”

While speaking about software platforms during the September 17 episode of Mad Money, Jim Cramer shared his recent takeaways from catching up with Snowflake Inc. (NYSE:SNOW), as he commented: While we were out in San Francisco, I got a chance to catch up with Snowflake, the software company that gives customers a platform to store, […]

LPL Financial, Northern Trust, Ameriprise Financial, Morgan Stanley, and Paymentus Stocks Trade Down, What You Need To Know
StockStory4d agoneutral
LPL Financial, Northern Trust, Ameriprise Financial, Morgan Stanley, and Paymentus Stocks Trade Down, What You Need To Know

A number of stocks fell in the afternoon session after investors kept bidding the group lower after last week’s Federal Reserve hike. On September 16, the Fed raised the federal funds target range by 25 basis points to 3.75%–4.00%, its first increase since 2023, according to the Federal Reserve’s FOMC statement. The Fed said economic activity and domestic spending remain resilient, but stressed that inflation is still elevated and that the increase is intended to support a return to its 2% infla

Boeing, GoGo test satellite-linked military drone in challenge to Starlink
Reuters4d agoneutral
Boeing, GoGo test satellite-linked military drone in challenge to Starlink

WASHINGTON, Sept 22 (Reuters) - Boeing's drone subsidiary Insitu and aviation Wi-Fi provider Gogo have successfully tested a military drone ‌using satellite communications, the companies said on Tuesday, underscoring growing ‌efforts by governments and defense firms to reduce reliance on Elon Musk's Starlink. Gogo Special Missions, ​the military and government arm of Gogo, and Insitu integrated a modified version of Gogo's Galileo HDX antenna onto Insitu's Integrator drone, a mid-sized uncrewed