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  • uploads///NETFLIX
    Consumer

    Netflix, Alteryx, and Okta Lead Tech Losses Today

    In the September quarter, Netflix sales rose 30% to $5.2 billion. The company’s sales were marginally below the estimates of $5.3 billion.

    By Adam Rogers
  • uploads///TTD
    Technology & Communications

    TTD, OKTA, NOW, and TWLO Lead Tech Losses Today

    High-growth tech firms have lost significant market value in the first half of October. TTD, NOW, OKTA, and TWLO are all trading lower today.

    By Adam Rogers
  • uploads///CRWD
    Financials

    CRWD Tanks 9.5% after Citi Initiates Coverage with ‘Sell’

    CrowdStrike (CRWD) fell 9.5% today to close at $54.52. Analyst Walter Pritchard initiated coverage on CRWD with a “sell” rating and a target price of $43.

    By Adam Rogers
  • uploads///Snap stock
    Consumer

    Snap Stock Is in Free Fall: What’s Ahead?

    Following a five-day slide, Snap fell over 4% on Thursday at 11:24 AM EDT. However, Snap stock has gained 186.75% year-to-date.

    By Sophia Nicholson
  • uploads///OVERVALUED
    Technology & Communications

    Overvalued Tech Stocks Lose Market Value Again Today

    Overvalued tech stocks such as Alteryx and Twilio lost market value yesterday. They’re also sliding today as investors are wary about valuations and growth.

    By Adam Rogers
  • uploads///overvalued
    Technology & Communications

    Overvalued Tech Stocks Have Taken a Beating Today

    The Technology Select Sector ETF (XLK) has fallen 0.8% on the day. Several tech stocks are trading in the red, particularly the overvalues stocks.

    By Adam Rogers
  • uploads///INVESTORS
    Consumer

    Can Investors Expect a ‘Black Monday’ Tomorrow?

    Tech and semiconductor stocks have significant exposure to China during this trade war. Investors should expect these stocks to trade lower on Monday.

    By Adam Rogers
  • uploads///Alteryx
    Company & Industry Overviews

    How Long Can Alteryx Continue to Crush the Market?

    Data science and analytics company Alteryx has been on an absolute tear. The stock was listed in March 2017, and it’s up a whopping 800% since then.

    By Adam Rogers
  • uploads///tech stocks
    Technology & Communications

    Tech Stocks: Are They Attractive after Recent Pullback?

    Tech stocks led the sell-off. Investors have been concerned about a slowdown in tech spending after NetApp’s preliminary guidance on August 2.

    By Adam Rogers
  • uploads///
    Company & Industry Overviews

    What’s ServiceNow’s Valuation?

    ServiceNow is slated to achieve GAAP profitability in fiscal 2020, and the company has a forward 2020 PE ratio of 265x.

    By Adam Rogers
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