Get Real: Tesla Bears and the ‘Tariff Man’
The Dow Jones Index needs a Santa Claus rally this year. Instead, the Dow Jones might have to contend with the “Tariff Man.”
Workday Stock Tanks despite Earnings Beat
Shares of on-demand human resources and financial management company Workday (WDAY) fell close to 6% in early market trading today.
Where Stanley Druckenmiller Is Bullish
Last week, Duquesne Family Office, managed by Stanley Druckenmiller, filed its Q3 13F with the SEC. We’ll look at the fund’s top holdings, buys, and sells.
Adobe, Workday, and ServiceNow Fall Due to Downgrades
Adobe (ADBE), Workday (WDAY), and ServiceNow shares have lost significant market value in early-market trading today. Adobe stock has fallen close to 4%.
Workday Stock Slumps 6% despite Strong Results
Workday stock is slumping despite posting a robust set of quarterly numbers. The stock is down about 6.1% so far today, in line with its peers.
ServiceNow Stock Slumps on Q2 Earnings
Enterprise software company ServiceNow (NOW) saw its stock fall over 5.0% in after-hours trading today after the company reported its Q2 earnings results.
Here’s How Workday Performed in the Most Recent Quarter
Workday, a cloud-based human capital management vendor, announced its results for the first quarter of fiscal 2020 on Tuesday, May 28.
A Look at Zoom’s Most Prominent Customers
Zoom Video Communications (ZM) serves customers of all sizes, from sole businesses to Fortune 50 organizations.
Why Oracle’s Revenue Growth Is Getting Sluggish
Software giant Oracle (ORCL) topped revenue estimates of nearly $9.62 billion by 0.3% in the third quarter of fiscal 2019.
Should You Look beyond FAANG Stocks for Returns?
The FAANG stocks (Facebook, Amazon, Apple, Netflix, and Google) have all been showing signs of slowing down in the last couple of quarters after years of breathtaking growth.
Where Druckenmiller Suggests Investing amid Market Fluctuation
Stanley Druckenmiller shared his views on markets and the economy with Bloomberg TV in December.
Cloud Services Could Boost Global IT Spending
Sentiment toward technology stocks has soured, causing the tech-heavy NASDAQ Composite to fall ~13% since October.
Some Cloud Stocks Have Surged Even Though Markets Have Declined
Cloud infrastructure stocks took a beating on November 19, 2018, as part of a broader market sell-off.
Why Jeff Bezos Loves Startups
According to the data compiled by Thomson Reuters, early-stage companies make up ~53.8% of Bezos Expeditions’ total investments.
Jeff Bezos’s Three Key Investments in the Tech Sector
According to the data compiled by Reuters, the technology sector makes up ~43.5% of Bezos Expeditions’ total investment portfolio.
Should You Follow Jeff Bezos and Invest in Uber and Airbnb IPOs?
Bezos invested about $37 million in the American ride-hailing service provider Uber in 2011.
How Jeff Bezos’s Workday and Domo Investments Fared in 2018
Twitter stock surged by about 73% in the first trading day after its IPO to $44.90.
How Jeff Bezos Became the Richest Man on the Planet
Amazon’s (AMZN) founder and CEO, Jeff Bezos, is in the news today, but this time it’s not because of Amazon or his investments.
What Should Workday Investors Expect?
For its third quarter of fiscal 2019, which ended October 31, Workday reported revenue of $743.2 million, representing an increase of 33.8% YoY.
Why Oracle Considers the AT&T Deal One of the Biggest
Last year, Oracle and AT&T entered into an agreement through which Oracle will migrate thousands of existing Oracle databases on AT&T’s network to Oracle cloud.
Why Oracle Believes It Is the Number One ERP Cloud Player
SAP (SAP) continues to be the largest player in the ERP market with revenue of over $7 billion in 2017. Oracle is another top player.
Why Payroll Could Be Huge Business for Square
After making the service available nationwide in the United States, Square recently launched an employee benefits feature tied to the service.
ServiceNow to Acquire FriendlyData: Will It Help?
On October 10, ServiceNow (NOW) announced it will acquire start-up company FriendlyData. It didn’t reveal the financial terms of the deal.
Oracle Introduces New Security and Risk Management Solution Tool
On October 4, Oracle (ORCL) introduced an AI-driven security and risk management solution tool for corporate customers.
Oracle Expands Its Retail Product Features
Oracle (ORCL) seems to be making rapid investments in its retail cloud service triggered by higher demand across the retail industry.
Why Oracle’s ERP Product Holds the Key to Its SaaS Cloud Success
Oracle (ORCL) continues to boost its ERP (enterprise resource planning) product portfolio, mostly through acquisitions and launching new products.
Can Workday Meet Its Subscription Revenue Target?
Workday (WDAY) exited the fiscal first quarter of 2019 with a subscription revenue backlog of $5.2 billion.
Comparing Workday’s Valuations with Its Peers
In the last year, Workday stock has gained 31.9%. In the last month, its stock has risen 5.4%.
How Workday’s New Acquisition Impacts Its Free Cash Flow Growth
Workday (WDAY) completed its acquisition of Adaptive Insights for $1.55 billion on August 1 in an all-cash transaction.
Workday’s Stock Price Showing an Upside Trend
Workday stock is trading 46.0% higher than its 52-week low of $95.35 and 2.3% lower than its 52-week high of $142.45.
Why Did Cisco Acquire Duo Security?
Last week, Cisco (CSCO) agreed to acquire cybersecurity unicorn Duo Security for $2.35 billion in cash.
IBM Boosts Its Maintenance, Repair, and Operations Service
IBM (IBM) recently bought MRO (maintenance, repair, and operations) inventory software company Oniqua.
How Oracle’s Soar Could Increase Migration to the Cloud
Last week, at the Oracle Conference Center on June 5, Oracle launched a new offering for Oracle Cloud SaaS (software-as-a-service) called Oracle Soar.
Workday and Adaptive Insights Ink ~$1.6 Billion Acquisition Deal
Workday (WDAY) announced on June 11 that it entered into an agreement to buy Adaptive Insights for ~$1.6 billion
4 After-Hours Movers
Costco Wholesale Corporation (Nasdaq: COST), ULTA Beauty Inc. (Nasdaq: ULTA), Lululemon Athletica Inc. (Nasdaq: LULU), and Workday Inc. (Nasdaq: WDAY) are on the move in the after-hours trading session. Here’s what you need to know.
How Workday May Benefit from the Acquisition of SkipFlag
Enterprise cloud application provider Workday (WDAY) bought startup SkipFlag in January. However, the details of the deal haven’t been disclosed.
Workday Generates Strong Business Growth outside the US
In the last five years, Workday’s international business grew at a CAGR (compound annual growth rate) of 57%.
Workday’s Professional Services Unit’s Performance Trend
In fiscal 2018, Workday’s Professional Services revenues came in at ~$355.5 million compared with $285.0 million in fiscal 2017.
What Analysts Recommend for Workday Stock
On May 2, 39 analysts tracked Workday (WDAY) stock. Five analysts gave “strong buy” recommendations, and seven gave “buy” ratings.
Workday Maintained Solid Deferred Revenue Growth
At the end of fiscal 4Q18, Workday generated deferred revenues of nearly $308.0 million.
Can Higher Investments Create Value for Workday?
Workday expects its capital expenditure for fiscal 2019 to be ~$200.0 million compared with $141.5 million in fiscal 2018, driven by the opening of new data centers in the US and Europe.
Identifying Workday’s Key Business Drivers
Workday’s (WDAY) fiscal 4Q18 revenues increased 33% year-over-year to $582.5 million.
How Adobe Is Positioned in the Application Software Space
On March 13, 2018, SAP (SAP) with a market cap of $132.2 billion was the world’s largest player by market capitalization in the software space, followed by Adobe and ServiceNow (NOW)
Workday Stock Fell despite Earnings Beat
The stock of technology (QQQ) company Workday (WDAY) fell 13.5% in the week ended December 1, 2017, to close at $100.52.
A Look at Oracle’s Cloud Enterprise Resource Planning Prospects
According to a new report by research firm MarketsandMarkets, the global enterprise resource planning (or ERP) market is set to expand at a healthy annual rate in the next few years.
How IBM’s Global Business Services Performed in 2Q17
IBM’s Global Business Services segment saw its revenues fall 3.7% to $4.1 billion in 2Q17.
Chart in Focus: Salesforce’s Cash Flow in 2017
Salesforce has cash, cash equivalents, and marketable securities of ~$2.2 billion. Its total debt is $1.8 billion.
Amazon–Workday Deal Signals Strategy to Bring Rivals to AWS
The recent deal between Amazon (AMZN) and Workday (WDAY) hints at a strategy to create AWS customers among Amazon’s rivals.
Why Did Workday Stock Rise in January 2017?
Workday (WDAY) stock rose 25% in January 2017.
How Do Analysts View Workday?
Shares of Workday (WDAY) rose 10.2% during the week ended January 6, 2017—a positive start so far in 2017, after shares fell more than 17% in 2016.
What Could Drive Oracle’s SaaS and PaaS Revenue Growth?
Despite facing several hurdles, Oracle (ORCL) completed its acquisition of NetSuite in November 2016.
How Does Adobe Measure Up in the Application Software Space?
Adobe (ADBE) was trading at a forward EV-to-EBITDA multiple of ~22x on December 16, 2016.
Did Amazon Just Top Oracle’s Claim of Competitiveness in the Cloud?
In late September 2016, as expected, Oracle (ORCL) launched its 2nd generation of its IaaS (information-as-a-service) offering, Oracle Bare Metal Cloud.
How SAP Plans to Break Away from the Competition
If competition was responsible for the 19.0% YoY fall in net profit that SAP SE (SAP) reported for 3Q16, then the company is now putting competitors on notice.
Morgan Stanley on Workday: Analytics Markets Could Drive Growth
Morgan Stanley estimates $60 billion of addressable market prospects for Workday (WDAY) due to its recent expansion into the analytics education market.
How Adobe’s Document Cloud Contributed to Its Fiscal 3Q16 Results
Adobe’s Document Cloud performance in 3Q16 So far in this series, we’ve discussed Adobe’s (ADBE) performance in fiscal 3Q16. We also looked at Adobe’s increased Creative Cloud subscriptions, which enabled the company’s Digital Media segment to report a 29% revenue growth in fiscal 3Q16. Document Cloud (or DC) also contributed to Digital Media’s record revenue […]
How Oracle’s Cloud Offerings Performed in Fiscal 1Q17
Oracle’s cloud offerings consist of SaaS, PaaS and IaaS rose 59% to $969 million in fiscal 1Q17. In constant currency terms, the rise was 61%.
What Are Analysts’ Recommendations for Adobe’s Stock?
Of the 28 analysts covering Adobe (ADBE) stock, there were no “sell” recommendations, ~75% of the analysts recommended a “buy,” and 25% recommended a “hold.”
The Word on the Street: What Analysts Are Recommending for SAP’s Stock
Of the 14 analyst recommendations for SAP stock, there is only one “sell.” Most recommendations on the stock were “buys,” representing approximately 64%.
What Are Analyst Recommendations for Adobe Stock?
Adobe’s double-digit revenue growth and consistently improving margins with reasonable debt levels have led to a rise in Adobe stock.
Why Oracle Expects Improved Software and Platform Growth Ahead
Oracle now expects 65% or higher growth in its cloud SaaS (software-as-a-service) and PaaS (platform-as-a-service) space in fiscal 2017.
How Optevia Acquisition Will Boost IBM’s Strategic Imperatives
IBM’s strategic imperatives relate to the company’s investment in cloud, analytics, mobile, social, and security technologies.
Cloud Hogged the Limelight in Oracle’s Fiscal 3Q16 Results
The cloud was at the center of attention in Oracle’s results, standing strong next to the absence of growth in overall revenues.
What Caused Splunk’s Shares to Surge 10%?
For fiscal 1Q17, Splunk expects revenue between $172 million and $174 million, which exceeds analysts’ estimates of $170.8 million.
Intuit Shares Fell Steeply after August Divestiture Announcement
Intuit shares fell steeply, nearly 19%, in August 2015. This followed the company’s fiscal 4Q15 results and the announcement of the divestiture of three of its software products.
Workday’s Financial Outlook for Fiscal 4Q16
For fiscal 4Q16, Workday expects its revenue to be $317–$320 million—a rise of 40%–41% on a YoY basis. Its guidance failed to meet analysts’ expectation.
Decoding Workday’s Subscription and Billings Growth
In fiscal 3Q16, Workday’s subscription services grew 48% to $242.7 million. However, compared to the previous two quarters, the subscription growth fell.
Workday Plans to Expand and Enhance Its Customer Base
Acquiring new enterprise customers, improving its geographical presence, and expanding its community of channel partners are part of Workday’s strategy.
Analyzing Workday’s Expanding Product Portfolio
In September 2015, Workday announced Workday Learning. It provides job training and professional development resources.
How Will IBM Benefit from Its Meteorix Acquisition?
IBM’s Global Business Services will acquire Meteorix, a consulting and implementation services provider for companies looking to deploy Workday software.
Oracle’s 1Q16 Cloud Business: Performance at a Glance
Oracle’s 1Q16 cloud revenue rose by approximately 29% on a YoY basis to reach $611 million, though in constant currency terms, this growth was 34%.
Lone Pine Capital Raises Its Stake in Autodesk
Autodesk is aiming for growth from emerging markets. It noted that it saw revenues up 14% from emerging markets in fiscal 2015.
Key Takeaways from Oracle’s Fiscal 3Q15 Earnings
On March 17, 2015, Oracle announced its fiscal 3Q15 quarterly earnings. Its EPS beat analysts’ estimates. However, its revenue fell short of analysts’ estimates.
Informatica targets ‘billion dollar’ cloud integration market
Informatica’s target opportunities include cloud integration, master data management, data integration for next-generation analytics, and data security.
Luxor Capital starts position in IAC
Christian Leone’s Luxor Capital Group initiated a position in IAC (IACI) during the third quarter of 2014.
Highlights of Luxor Capital Group’s holdings for 3Q14
This article discusses some of Luxor Capital Group’s holdings for the third quarter of 2014.
Citadel Advisors adds position in Actavis Plc
Citadel Advisors increased its position in Actavis Plc by $378 million for 3Q14. Actavis has operations in more than 60 countries.
Citadel Advisors add new position in Liberty TripAdvisors
Liberty TripAdvisors is a new position for Citadel Advisors in the third quarter. It accounts for 0.23% of the total portfolio.
Analyzing Citadel Advisors’ positions for 3Q14
Citadel Advisors LLC is a financial institution and hedge fund. It’s based in Chicago. It was founded in 1990 by Kenneth C. Griffin.
Must-know: Is Oracle stock worth your time and investment?
Oracle (ORCL), like other leading technology players, is making great efforts to transition from a hardware supplier and developer to a complete cloud solutions provider.
Why cloud business models differ from on-premise software
In SaaS, services like access to online software applications, with training and technical support, sell on a subscription basis.
Investing in IBM: A must-know business overview
Based in New York, International Business Machines Corporation (IBM) is a globally diversified information technology company. It’s present in more than 170 countries.
Must-know: Enterprise resource planning
Salesforce.com (CRM), SAP AG (SAP), Oracle (ORCL), IBM Corp. (IBM), Microsoft (MSFT), and SAS Institute Inc. (SAS) are the leading players in this market.
Overview: What is enterprise software?
Enterprise resource planning (ERP) is a product domain-focused software solution that manages and integrates all facets of business.
Why did Halvorsen’s Viking Global boost its position in Illumina?
Viking Global Investors significantly increased its position in Illumina (ILMN) last quarter. The position, which accounted for 0.88% of Viking’s total 4Q 2013 portfolio, is now the fund’s third largest position, at 5.53% of the 1Q 2014 portfolio.
Andreas Halvorsen’s Viking Global buys a new stake in Workday
Viking Global Investors disclosed a new position in Workday Inc. (WDAY) last quarter. The position accounts for 1.20% of Viking’s total portfolio.
Viking Global buys a new stake in Regeneron Pharmaceuticals
Viking Global Investors revealed a brand new position valued at around $315 million in Regeneron Pharmaceuticals (REGN) last quarter. The position accounts for 1.32% of Viking’s total portfolio.
Andreas Halvorsen and Viking Global Investors’ 1Q 2014 positions
In its latest 13F filing, Andreas Halvorsen’s Viking Global Investors disclosed new positions. The size of the portfolio increased to $23.8 billion in 1Q 2014 from $21 billion in 4Q 2013.
SuccessFactors and Ariba acquisitions benefit SAP’s cloud business
With the acquisition of SuccessFactors and Fieldglass, SAP has further increased its presence in the HR cloud solution market.
Why Salesforce shares fell after earnings despite revenue growth
Shares plunged at the end of February despite Salesforce beating Street estimates with its results for the fiscal fourth quarter ended January 31, 2014.
Must-know: Why Box Inc.’s valuation has increased so rapidly
Here, we’ll look at the valuation structure of the company and how its valuation has changed over time.
A quick look at Box Inc.’s ownership structure ahead of its IPO
Here, we’ll discuss the ownership structure of Box Inc. and how its valuation stacks up against its similar competitor, Dropbox.