NYSEARCA:IGV - American Stock Exchange - US4642875151 - ETF - Currency: USD
Oppenheimer analyst Jason Helfstein, maintained an Outperform rating for Alphabet and raised the price target from $215 to $225.
ServiceNow’s board authorized additional repurchases of up to $3 billion of the company’s common stock.
Oracle unveils new AI agents and generative AI features in Oracle Fusion Cloud Sales to enhance sales engagement & streamline processes. Gartner predicts B2B sales teams using generative AI will cut prospecting & customer-meeting prep time by over 50%.
Exane BNP Paribas analysts said the stock now prices Adobe’s near-term risk of rising competition from creative apps.
Oracle stock, along with Salesforce and Microsoft, are top big enterprise software picks for Evercore ISI analysts heading into 2025.
Confluent stock is up 5% and flirting with a breakout above a handle buy point as investors return to enterprise software stocks.
The rally in software stocks, led by Palantir stock, will continue in 2025, says a Jefferies analyst, amid improved earnings estimates.
The tech sector is up 78% in the last two years, crushing the performance of the S&P 500.
MongoDB stock and shares of fellow data software firm Elastic jumped after Snowflake reported strong results.
Most of these stocks have been growing powerfully, and a few seem reasonably or attractively valued.
Microsoft Corp. shares have lost their luster in the past few months, with some investors cooling on the artificial-intelligence trade and looking for better value elsewhere in the sector.