http://www.streetinsider.com Latest StreetInsider.com News Articles en-us Copyright 2024, StreetInsider.com rss@streetinsider.com (SI RSS) rss@streetinsider.com (SI RSS) Tue, 03 Dec 2024 14:15:30 -0500 http://blogs.law.harvard.edu/tech/rss http://www.streetinsider.com/images/rss_logo.gif http://www.streetinsider.com 143 28 0 1 2 3 21 22 23 Saturday Sunday http://www.streetinsider.com/Investing/Broadcom+initiated+at+Hold+by+HSBC/24060013.html <p>Investing.com -- HSBC initiated coverage on Broadcom (NASDAQ:AVGO) with a Hold rating and a price target of $160 per share on Tuesday, citing limited upside to FY25 earnings amid slowing momentum in key segments and potential headwinds in FY26.</p> <p dir="ltr">Broadcom is a significant player in the AI sector, driven by its custom silicon and AI networking (switch) business. </p> <p dir="ltr">While FY24 application-specific integrated circuit (ASIC) revenue is expected to grow by 185% year-over-year, HSBC forecasts a sharp deceleration to 23% growth in FY25, citing slower expansion in chip-on-wafer-on-substrate (CoWoS) capacity allocation. </p> <p dir="ltr">“We expect ASIC revenue growth to fall to 23% y-o-y in http://www.streetinsider.com/Investing/Broadcom+initiated+at+Hold+by+HSBC/24060013.html Tue, 03 Dec 2024 14:15:30 -0500 AAPL AMD AVGO NVDA VMW http://www.streetinsider.com/Investing/Broadcom+initiated+at+Hold+by+HSBC/24060013.html <p>Investing.com -- HSBC initiated coverage on Broadcom (NASDAQ:AVGO) with a Hold rating and a price target of $160 per share on Tuesday, citing limited upside to FY25 earnings amid slowing momentum in key segments and potential headwinds in FY26.</p> <p dir="ltr">Broadcom is a significant player in the AI sector, driven by its custom silicon and AI networking (switch) business. </p> <p dir="ltr">While FY24 application-specific integrated circuit (ASIC) revenue is expected to grow by 185% year-over-year, HSBC forecasts a sharp deceleration to 23% growth in FY25, citing slower expansion in chip-on-wafer-on-substrate (CoWoS) capacity allocation. </p> <p dir="ltr">“We expect ASIC revenue growth to fall to 23% y-o-y in http://www.streetinsider.com/Investing/Broadcom+initiated+at+Hold+by+HSBC/24060013.html Tue, 03 Dec 2024 14:15:30 -0500 AAPL AMD AVGO NVDA VMW http://www.streetinsider.com/Investing/Broadcom+initiated+at+Hold+by+HSBC/24060013.html <p>Investing.com -- HSBC initiated coverage on Broadcom (NASDAQ:AVGO) with a Hold rating and a price target of $160 per share on Tuesday, citing limited upside to FY25 earnings amid slowing momentum in key segments and potential headwinds in FY26.</p> <p dir="ltr">Broadcom is a significant player in the AI sector, driven by its custom silicon and AI networking (switch) business. </p> <p dir="ltr">While FY24 application-specific integrated circuit (ASIC) revenue is expected to grow by 185% year-over-year, HSBC forecasts a sharp deceleration to 23% growth in FY25, citing slower expansion in chip-on-wafer-on-substrate (CoWoS) capacity allocation. </p> <p dir="ltr">“We expect ASIC revenue growth to fall to 23% y-o-y in http://www.streetinsider.com/Investing/Broadcom+initiated+at+Hold+by+HSBC/24060013.html Tue, 03 Dec 2024 14:15:30 -0500 AAPL AMD AVGO NVDA VMW http://www.streetinsider.com/Investing/Broadcom+initiated+at+Hold+by+HSBC/24060013.html <p>Investing.com -- HSBC initiated coverage on Broadcom (NASDAQ:AVGO) with a Hold rating and a price target of $160 per share on Tuesday, citing limited upside to FY25 earnings amid slowing momentum in key segments and potential headwinds in FY26.</p> <p dir="ltr">Broadcom is a significant player in the AI sector, driven by its custom silicon and AI networking (switch) business. </p> <p dir="ltr">While FY24 application-specific integrated circuit (ASIC) revenue is expected to grow by 185% year-over-year, HSBC forecasts a sharp deceleration to 23% growth in FY25, citing slower expansion in chip-on-wafer-on-substrate (CoWoS) capacity allocation. </p> <p dir="ltr">“We expect ASIC revenue growth to fall to 23% y-o-y in http://www.streetinsider.com/Investing/Broadcom+initiated+at+Hold+by+HSBC/24060013.html Tue, 03 Dec 2024 14:15:30 -0500 AAPL AMD AVGO NVDA VMW http://www.streetinsider.com/Investing/Broadcom+initiated+at+Hold+by+HSBC/24060013.html <p>Investing.com -- HSBC initiated coverage on Broadcom (NASDAQ:AVGO) with a Hold rating and a price target of $160 per share on Tuesday, citing limited upside to FY25 earnings amid slowing momentum in key segments and potential headwinds in FY26.</p> <p dir="ltr">Broadcom is a significant player in the AI sector, driven by its custom silicon and AI networking (switch) business. </p> <p dir="ltr">While FY24 application-specific integrated circuit (ASIC) revenue is expected to grow by 185% year-over-year, HSBC forecasts a sharp deceleration to 23% growth in FY25, citing slower expansion in chip-on-wafer-on-substrate (CoWoS) capacity allocation. </p> <p dir="ltr">“We expect ASIC revenue growth to fall to 23% y-o-y in http://www.streetinsider.com/Investing/Broadcom+initiated+at+Hold+by+HSBC/24060013.html Tue, 03 Dec 2024 14:15:30 -0500 AAPL AMD AVGO NVDA VMW http://www.streetinsider.com/General+News/Broadcom+initiated+at+Hold+by+HSBC/24060013.html <p>Investing.com -- HSBC initiated coverage on Broadcom (NASDAQ:AVGO) with a Hold rating and a price target of $160 per share on Tuesday, citing limited upside to FY25 earnings amid slowing momentum in key segments and potential headwinds in FY26.</p> <p dir="ltr">Broadcom is a significant player in the AI sector, driven by its custom silicon and AI networking (switch) business. </p> <p dir="ltr">While FY24 application-specific integrated circuit (ASIC) revenue is expected to grow by 185% year-over-year, HSBC forecasts a sharp deceleration to 23% growth in FY25, citing slower expansion in chip-on-wafer-on-substrate (CoWoS) capacity allocation. </p> <p dir="ltr">“We expect ASIC revenue growth to fall to 23% y-o-y in http://www.streetinsider.com/General+News/Broadcom+initiated+at+Hold+by+HSBC/24060013.html Tue, 03 Dec 2024 14:15:30 -0500 AAPL AMD AVGO NVDA VMW http://www.streetinsider.com/General+News/Broadcom+initiated+at+Hold+by+HSBC/24060013.html <p>Investing.com -- HSBC initiated coverage on Broadcom (NASDAQ:AVGO) with a Hold rating and a price target of $160 per share on Tuesday, citing limited upside to FY25 earnings amid slowing momentum in key segments and potential headwinds in FY26.</p> <p dir="ltr">Broadcom is a significant player in the AI sector, driven by its custom silicon and AI networking (switch) business. </p> <p dir="ltr">While FY24 application-specific integrated circuit (ASIC) revenue is expected to grow by 185% year-over-year, HSBC forecasts a sharp deceleration to 23% growth in FY25, citing slower expansion in chip-on-wafer-on-substrate (CoWoS) capacity allocation. </p> <p dir="ltr">“We expect ASIC revenue growth to fall to 23% y-o-y in http://www.streetinsider.com/General+News/Broadcom+initiated+at+Hold+by+HSBC/24060013.html Tue, 03 Dec 2024 14:15:30 -0500 AAPL AMD AVGO NVDA VMW http://www.streetinsider.com/General+News/Broadcom+initiated+at+Hold+by+HSBC/24060013.html <p>Investing.com -- HSBC initiated coverage on Broadcom (NASDAQ:AVGO) with a Hold rating and a price target of $160 per share on Tuesday, citing limited upside to FY25 earnings amid slowing momentum in key segments and potential headwinds in FY26.</p> <p dir="ltr">Broadcom is a significant player in the AI sector, driven by its custom silicon and AI networking (switch) business. </p> <p dir="ltr">While FY24 application-specific integrated circuit (ASIC) revenue is expected to grow by 185% year-over-year, HSBC forecasts a sharp deceleration to 23% growth in FY25, citing slower expansion in chip-on-wafer-on-substrate (CoWoS) capacity allocation. </p> <p dir="ltr">“We expect ASIC revenue growth to fall to 23% y-o-y in http://www.streetinsider.com/General+News/Broadcom+initiated+at+Hold+by+HSBC/24060013.html Tue, 03 Dec 2024 14:15:30 -0500 AAPL AMD AVGO NVDA VMW http://www.streetinsider.com/General+News/Broadcom+initiated+at+Hold+by+HSBC/24060013.html <p>Investing.com -- HSBC initiated coverage on Broadcom (NASDAQ:AVGO) with a Hold rating and a price target of $160 per share on Tuesday, citing limited upside to FY25 earnings amid slowing momentum in key segments and potential headwinds in FY26.</p> <p dir="ltr">Broadcom is a significant player in the AI sector, driven by its custom silicon and AI networking (switch) business. </p> <p dir="ltr">While FY24 application-specific integrated circuit (ASIC) revenue is expected to grow by 185% year-over-year, HSBC forecasts a sharp deceleration to 23% growth in FY25, citing slower expansion in chip-on-wafer-on-substrate (CoWoS) capacity allocation. </p> <p dir="ltr">“We expect ASIC revenue growth to fall to 23% y-o-y in http://www.streetinsider.com/General+News/Broadcom+initiated+at+Hold+by+HSBC/24060013.html Tue, 03 Dec 2024 14:15:30 -0500 AAPL AMD AVGO NVDA VMW http://www.streetinsider.com/General+News/Broadcom+initiated+at+Hold+by+HSBC/24060013.html <p>Investing.com -- HSBC initiated coverage on Broadcom (NASDAQ:AVGO) with a Hold rating and a price target of $160 per share on Tuesday, citing limited upside to FY25 earnings amid slowing momentum in key segments and potential headwinds in FY26.</p> <p dir="ltr">Broadcom is a significant player in the AI sector, driven by its custom silicon and AI networking (switch) business. </p> <p dir="ltr">While FY24 application-specific integrated circuit (ASIC) revenue is expected to grow by 185% year-over-year, HSBC forecasts a sharp deceleration to 23% growth in FY25, citing slower expansion in chip-on-wafer-on-substrate (CoWoS) capacity allocation. </p> <p dir="ltr">“We expect ASIC revenue growth to fall to 23% y-o-y in http://www.streetinsider.com/General+News/Broadcom+initiated+at+Hold+by+HSBC/24060013.html Tue, 03 Dec 2024 14:15:30 -0500 AAPL AMD AVGO NVDA VMW http://www.streetinsider.com/Investing/Oppenheimer+initiates+coverage+of+these+5+storage%26amp%3Binfrastructure+stocks/23973408.html <p>Investing.com -- Oppenheimer analysts initiated coverage on five key storage and infrastructure stocks on Wednesday, offering insights into their growth potential within the industry.</p> <p dir="ltr"><strong>Rubrik</strong> was started at Perform, reflecting Oppenheimer’s view that Rubrik’s security-focused data storage strategy is well-positioned to benefit from the rising threat of data breaches and the shift to as-a-service platforms. </p> <p dir="ltr">However, they stated: “We expect Rubrik to remain at an operating loss for the next three years and begin coverage on the sidelines until we have a clear line of sight to operating profitability four to six quarters out.”</p> <p dir="ltr"><strong>Pure Storage (NYSE:PSTG)</strong> received an Outperform rating with a http://www.streetinsider.com/Investing/Oppenheimer+initiates+coverage+of+these+5+storage%26amp%3Binfrastructure+stocks/23973408.html Wed, 13 Nov 2024 14:02:28 -0500 CVLT NTAP NTNX PSTG RBRK VMW http://www.streetinsider.com/Investing/Oppenheimer+initiates+coverage+of+these+5+storage%26amp%3Binfrastructure+stocks/23973408.html <p>Investing.com -- Oppenheimer analysts initiated coverage on five key storage and infrastructure stocks on Wednesday, offering insights into their growth potential within the industry.</p> <p dir="ltr"><strong>Rubrik</strong> was started at Perform, reflecting Oppenheimer’s view that Rubrik’s security-focused data storage strategy is well-positioned to benefit from the rising threat of data breaches and the shift to as-a-service platforms. </p> <p dir="ltr">However, they stated: “We expect Rubrik to remain at an operating loss for the next three years and begin coverage on the sidelines until we have a clear line of sight to operating profitability four to six quarters out.”</p> <p dir="ltr"><strong>Pure Storage (NYSE:PSTG)</strong> received an Outperform rating with a http://www.streetinsider.com/Investing/Oppenheimer+initiates+coverage+of+these+5+storage%26amp%3Binfrastructure+stocks/23973408.html Wed, 13 Nov 2024 14:02:28 -0500 CVLT NTAP NTNX PSTG RBRK VMW http://www.streetinsider.com/Investing/Oppenheimer+initiates+coverage+of+these+5+storage%26amp%3Binfrastructure+stocks/23973408.html <p>Investing.com -- Oppenheimer analysts initiated coverage on five key storage and infrastructure stocks on Wednesday, offering insights into their growth potential within the industry.</p> <p dir="ltr"><strong>Rubrik</strong> was started at Perform, reflecting Oppenheimer’s view that Rubrik’s security-focused data storage strategy is well-positioned to benefit from the rising threat of data breaches and the shift to as-a-service platforms. </p> <p dir="ltr">However, they stated: “We expect Rubrik to remain at an operating loss for the next three years and begin coverage on the sidelines until we have a clear line of sight to operating profitability four to six quarters out.”</p> <p dir="ltr"><strong>Pure Storage (NYSE:PSTG)</strong> received an Outperform rating with a http://www.streetinsider.com/Investing/Oppenheimer+initiates+coverage+of+these+5+storage%26amp%3Binfrastructure+stocks/23973408.html Wed, 13 Nov 2024 14:02:28 -0500 CVLT NTAP NTNX PSTG RBRK VMW http://www.streetinsider.com/Investing/Oppenheimer+initiates+coverage+of+these+5+storage%26amp%3Binfrastructure+stocks/23973408.html <p>Investing.com -- Oppenheimer analysts initiated coverage on five key storage and infrastructure stocks on Wednesday, offering insights into their growth potential within the industry.</p> <p dir="ltr"><strong>Rubrik</strong> was started at Perform, reflecting Oppenheimer’s view that Rubrik’s security-focused data storage strategy is well-positioned to benefit from the rising threat of data breaches and the shift to as-a-service platforms. </p> <p dir="ltr">However, they stated: “We expect Rubrik to remain at an operating loss for the next three years and begin coverage on the sidelines until we have a clear line of sight to operating profitability four to six quarters out.”</p> <p dir="ltr"><strong>Pure Storage (NYSE:PSTG)</strong> received an Outperform rating with a http://www.streetinsider.com/Investing/Oppenheimer+initiates+coverage+of+these+5+storage%26amp%3Binfrastructure+stocks/23973408.html Wed, 13 Nov 2024 14:02:28 -0500 CVLT NTAP NTNX PSTG RBRK VMW http://www.streetinsider.com/Investing/Oppenheimer+initiates+coverage+of+these+5+storage%26amp%3Binfrastructure+stocks/23973408.html <p>Investing.com -- Oppenheimer analysts initiated coverage on five key storage and infrastructure stocks on Wednesday, offering insights into their growth potential within the industry.</p> <p dir="ltr"><strong>Rubrik</strong> was started at Perform, reflecting Oppenheimer’s view that Rubrik’s security-focused data storage strategy is well-positioned to benefit from the rising threat of data breaches and the shift to as-a-service platforms. </p> <p dir="ltr">However, they stated: “We expect Rubrik to remain at an operating loss for the next three years and begin coverage on the sidelines until we have a clear line of sight to operating profitability four to six quarters out.”</p> <p dir="ltr"><strong>Pure Storage (NYSE:PSTG)</strong> received an Outperform rating with a http://www.streetinsider.com/Investing/Oppenheimer+initiates+coverage+of+these+5+storage%26amp%3Binfrastructure+stocks/23973408.html Wed, 13 Nov 2024 14:02:28 -0500 CVLT NTAP NTNX PSTG RBRK VMW http://www.streetinsider.com/Investing/Oppenheimer+initiates+coverage+of+these+5+storage%26amp%3Binfrastructure+stocks/23973408.html <p>Investing.com -- Oppenheimer analysts initiated coverage on five key storage and infrastructure stocks on Wednesday, offering insights into their growth potential within the industry.</p> <p dir="ltr"><strong>Rubrik</strong> was started at Perform, reflecting Oppenheimer’s view that Rubrik’s security-focused data storage strategy is well-positioned to benefit from the rising threat of data breaches and the shift to as-a-service platforms. </p> <p dir="ltr">However, they stated: “We expect Rubrik to remain at an operating loss for the next three years and begin coverage on the sidelines until we have a clear line of sight to operating profitability four to six quarters out.”</p> <p dir="ltr"><strong>Pure Storage (NYSE:PSTG)</strong> received an Outperform rating with a http://www.streetinsider.com/Investing/Oppenheimer+initiates+coverage+of+these+5+storage%26amp%3Binfrastructure+stocks/23973408.html Wed, 13 Nov 2024 14:02:28 -0500 CVLT NTAP NTNX PSTG RBRK VMW http://www.streetinsider.com/General+News/Oppenheimer+initiates+coverage+of+these+5+storage%26amp%3Binfrastructure+stocks/23973408.html <p>Investing.com -- Oppenheimer analysts initiated coverage on five key storage and infrastructure stocks on Wednesday, offering insights into their growth potential within the industry.</p> <p dir="ltr"><strong>Rubrik</strong> was started at Perform, reflecting Oppenheimer’s view that Rubrik’s security-focused data storage strategy is well-positioned to benefit from the rising threat of data breaches and the shift to as-a-service platforms. </p> <p dir="ltr">However, they stated: “We expect Rubrik to remain at an operating loss for the next three years and begin coverage on the sidelines until we have a clear line of sight to operating profitability four to six quarters out.”</p> <p dir="ltr"><strong>Pure Storage (NYSE:PSTG)</strong> received an Outperform rating with a http://www.streetinsider.com/General+News/Oppenheimer+initiates+coverage+of+these+5+storage%26amp%3Binfrastructure+stocks/23973408.html Wed, 13 Nov 2024 14:02:28 -0500 CVLT NTAP NTNX PSTG RBRK VMW http://www.streetinsider.com/General+News/Oppenheimer+initiates+coverage+of+these+5+storage%26amp%3Binfrastructure+stocks/23973408.html <p>Investing.com -- Oppenheimer analysts initiated coverage on five key storage and infrastructure stocks on Wednesday, offering insights into their growth potential within the industry.</p> <p dir="ltr"><strong>Rubrik</strong> was started at Perform, reflecting Oppenheimer’s view that Rubrik’s security-focused data storage strategy is well-positioned to benefit from the rising threat of data breaches and the shift to as-a-service platforms. </p> <p dir="ltr">However, they stated: “We expect Rubrik to remain at an operating loss for the next three years and begin coverage on the sidelines until we have a clear line of sight to operating profitability four to six quarters out.”</p> <p dir="ltr"><strong>Pure Storage (NYSE:PSTG)</strong> received an Outperform rating with a http://www.streetinsider.com/General+News/Oppenheimer+initiates+coverage+of+these+5+storage%26amp%3Binfrastructure+stocks/23973408.html Wed, 13 Nov 2024 14:02:28 -0500 CVLT NTAP NTNX PSTG RBRK VMW http://www.streetinsider.com/General+News/Oppenheimer+initiates+coverage+of+these+5+storage%26amp%3Binfrastructure+stocks/23973408.html <p>Investing.com -- Oppenheimer analysts initiated coverage on five key storage and infrastructure stocks on Wednesday, offering insights into their growth potential within the industry.</p> <p dir="ltr"><strong>Rubrik</strong> was started at Perform, reflecting Oppenheimer’s view that Rubrik’s security-focused data storage strategy is well-positioned to benefit from the rising threat of data breaches and the shift to as-a-service platforms. </p> <p dir="ltr">However, they stated: “We expect Rubrik to remain at an operating loss for the next three years and begin coverage on the sidelines until we have a clear line of sight to operating profitability four to six quarters out.”</p> <p dir="ltr"><strong>Pure Storage (NYSE:PSTG)</strong> received an Outperform rating with a http://www.streetinsider.com/General+News/Oppenheimer+initiates+coverage+of+these+5+storage%26amp%3Binfrastructure+stocks/23973408.html Wed, 13 Nov 2024 14:02:28 -0500 CVLT NTAP NTNX PSTG RBRK VMW http://www.streetinsider.com/General+News/Oppenheimer+initiates+coverage+of+these+5+storage%26amp%3Binfrastructure+stocks/23973408.html <p>Investing.com -- Oppenheimer analysts initiated coverage on five key storage and infrastructure stocks on Wednesday, offering insights into their growth potential within the industry.</p> <p dir="ltr"><strong>Rubrik</strong> was started at Perform, reflecting Oppenheimer’s view that Rubrik’s security-focused data storage strategy is well-positioned to benefit from the rising threat of data breaches and the shift to as-a-service platforms. </p> <p dir="ltr">However, they stated: “We expect Rubrik to remain at an operating loss for the next three years and begin coverage on the sidelines until we have a clear line of sight to operating profitability four to six quarters out.”</p> <p dir="ltr"><strong>Pure Storage (NYSE:PSTG)</strong> received an Outperform rating with a http://www.streetinsider.com/General+News/Oppenheimer+initiates+coverage+of+these+5+storage%26amp%3Binfrastructure+stocks/23973408.html Wed, 13 Nov 2024 14:02:28 -0500 CVLT NTAP NTNX PSTG RBRK VMW http://www.streetinsider.com/General+News/Oppenheimer+initiates+coverage+of+these+5+storage%26amp%3Binfrastructure+stocks/23973408.html <p>Investing.com -- Oppenheimer analysts initiated coverage on five key storage and infrastructure stocks on Wednesday, offering insights into their growth potential within the industry.</p> <p dir="ltr"><strong>Rubrik</strong> was started at Perform, reflecting Oppenheimer’s view that Rubrik’s security-focused data storage strategy is well-positioned to benefit from the rising threat of data breaches and the shift to as-a-service platforms. </p> <p dir="ltr">However, they stated: “We expect Rubrik to remain at an operating loss for the next three years and begin coverage on the sidelines until we have a clear line of sight to operating profitability four to six quarters out.”</p> <p dir="ltr"><strong>Pure Storage (NYSE:PSTG)</strong> received an Outperform rating with a http://www.streetinsider.com/General+News/Oppenheimer+initiates+coverage+of+these+5+storage%26amp%3Binfrastructure+stocks/23973408.html Wed, 13 Nov 2024 14:02:28 -0500 CVLT NTAP NTNX PSTG RBRK VMW http://www.streetinsider.com/General+News/Oppenheimer+initiates+coverage+of+these+5+storage%26amp%3Binfrastructure+stocks/23973408.html <p>Investing.com -- Oppenheimer analysts initiated coverage on five key storage and infrastructure stocks on Wednesday, offering insights into their growth potential within the industry.</p> <p dir="ltr"><strong>Rubrik</strong> was started at Perform, reflecting Oppenheimer’s view that Rubrik’s security-focused data storage strategy is well-positioned to benefit from the rising threat of data breaches and the shift to as-a-service platforms. </p> <p dir="ltr">However, they stated: “We expect Rubrik to remain at an operating loss for the next three years and begin coverage on the sidelines until we have a clear line of sight to operating profitability four to six quarters out.”</p> <p dir="ltr"><strong>Pure Storage (NYSE:PSTG)</strong> received an Outperform rating with a http://www.streetinsider.com/General+News/Oppenheimer+initiates+coverage+of+these+5+storage%26amp%3Binfrastructure+stocks/23973408.html Wed, 13 Nov 2024 14:02:28 -0500 CVLT NTAP NTNX PSTG RBRK VMW http://www.streetinsider.com/Investing/IBM+stock+momentum+to+continue%3A+Morgan+Stanley/23847198.html <p>Investing.com -- Morgan Stanley analysts believe <span itemscope itemtype="http://schema.org/Corporation"><span itemprop="name"> IBM </span></span> (NYSE:IBM)'s recent stock momentum is likely to persist through the upcoming earnings season.</p> <p>Despite maintaining an Equal-Weight rating on the stock, the firm highlights several bullish drivers that have propelled IBM to outperform the S&P 500 by 20 percentage points since its second-quarter earnings on July 24.</p> <p>In a note to clients, Morgan Stanley said, "We don't see much that is likely to derail IBM's momentum at 3Q earnings."</p> <p>They expect the company's third-quarter results and fourth-quarter guidance to meet or even slightly exceed Street estimates, providing further support for the stock.</p> <p>IBM's http://www.streetinsider.com/Investing/IBM+stock+momentum+to+continue%3A+Morgan+Stanley/23847198.html Thu, 17 Oct 2024 08:47:59 -0500 IBM VMW http://www.streetinsider.com/Investing/IBM+stock+momentum+to+continue%3A+Morgan+Stanley/23847198.html <p>Investing.com -- Morgan Stanley analysts believe <span itemscope itemtype="http://schema.org/Corporation"><span itemprop="name"> IBM </span></span> (NYSE:IBM)'s recent stock momentum is likely to persist through the upcoming earnings season.</p> <p>Despite maintaining an Equal-Weight rating on the stock, the firm highlights several bullish drivers that have propelled IBM to outperform the S&P 500 by 20 percentage points since its second-quarter earnings on July 24.</p> <p>In a note to clients, Morgan Stanley said, "We don't see much that is likely to derail IBM's momentum at 3Q earnings."</p> <p>They expect the company's third-quarter results and fourth-quarter guidance to meet or even slightly exceed Street estimates, providing further support for the stock.</p> <p>IBM's http://www.streetinsider.com/Investing/IBM+stock+momentum+to+continue%3A+Morgan+Stanley/23847198.html Thu, 17 Oct 2024 08:47:59 -0500 IBM VMW http://www.streetinsider.com/Momentum+Movers/Keybanc+Comments+on+ServiceNow+%28NOW%29%3A+%27the+suit+also+represents+a+potential+for+disruption+to+NOWs+business%27/23760274.html <p>Keybanc Comments on ServiceNow (NYSE: NOW): 'the suit also represents a potential for disruption to NOWs business'</p><p>The analyst comments "This morning Bloomberg reported that the Department of Justice has been investigating whether SAP and Carahsoft, a government-focused partner and reseller, conspired to fix prices on SAP products sold to the U S government. The civil investigation has been ongoing since 2022 and, according to the article, the violations in question are related to the False Claims Ad. an act of which Carahsoft has<br />previously alleged to hare run afoul. In 2015 Carahsoft and VMWare agreed to pay $75.5M to resolve http://www.streetinsider.com/Momentum+Movers/Keybanc+Comments+on+ServiceNow+%28NOW%29%3A+%27the+suit+also+represents+a+potential+for+disruption+to+NOWs+business%27/23760274.html Wed, 25 Sep 2024 09:31:38 -0500 NOW OKTA VMW