Software: Latest News and Analysis

Inc
Meta Poaches Salesforce Exec to Build AI Business Tools
Meta, the parent company of Facebook and Instagram, has hired away Salesforce’s head of AI to run a new product group dedicated to developing AI-powered tools for business.
Yahoo
1 Growth Stock Down 68% to Buy Before Its Turnaround, According to Wall Street
The stock has since declined by about 68% from that record high, but Wall Street sees a turnaround on the horizon. Among the 45 analysts who follow the company, the median price target is $169 per ...
Business Insider
AI is helping one software security company send 5 times the number of threat alerts in record time
With AI, Black Duck can send faster notifications to users when their software is at risk and potentially exploitable.
Business Insider
Assembly Software Neos Named “Overall Practice Management Solution Provider of the Year” In 2024 LegalTech Breakthrough Awards Program
The mission of the annual LegalTech Breakthrough Awards program is to conduct the industry’s most comprehensive analysis and evaluation of the top technology companies, solutions and products in the ...
Investor's Business Daily
Snowflake Delivers Q3 Earnings, Revenue Beat. Software Maker Raises Full-Year Guidance.
Snowflake stock popped amid third quarter Snowflake earnings and revenue that topped estimates. The software marker raised full year guidance.
Yahoo Finance
1 Wall Street Analyst Thinks ServiceNow Is Going to $1,230. Is It a Buy Around $1,023?
ServiceNow (NYSE: NOW) is one of the biggest software companies on the stock market, and it's also been a top performer for much of its history. Among the applications that businesses use it for ...
Business Insider
Cautious Outlook: Workday’s Struggles Amidst Macroeconomic Challenges and Decelerating Growth
Monness analyst Brian White has maintained their neutral stance on WDAY stock, giving a Hold rating on November 14.Don't Miss our Black Friday ...
Yahoo Finance
Workday Recognized as a Leader in 2024 Gartner® Magic Quadrant™ for Financial Planning Software for Third Year in a Row
Workday, Inc. (NASDAQ: WDAY), a leading provider of solutions to help organizations manage their people and money, has been positioned by Gartner, Inc. as a Leader in the 2024 Gartner Magic Quadrant ...
MarketWatch
Snowflake’s stock flies higher as software company’s outlook impresses
Snowflake’s last three earnings reports spurred negative stock reactions, but investors seem to like the company’s upbeat guidance this time around
Reuters
Snowflake lifts product revenue forecast, enters AI deal with Anthropic
Data analytics provider Snowflake on Wednesday raised its annual product revenue forecast and said it has teamed up with AI firm Anthropic to build up its cloud services, sending its shares surging around 19% in extended trading.
Business Insider
ServiceNow price target raised to $1,070 from $980 at Mizuho
Mizuho analyst Gregg Moskowitz raised the firm’s price target on ServiceNow (NOW) to $1,070 from $980 and keeps an Outperform rating on the ...
Yahoo Finance
Datadog is among the best stocks to own for 2025: TD Cowen
Datadog (NASDAQ:DDOG) has been mentioned by analysts at TD Cowen as one of the top stocks to own heading into 2025. The research underscores Datadog's strength as a market leader in the observability ...
Business Insider
Snowflake’s Strategic Edge in AI: A Buy Rating Amid Robust Demand and Market Positioning
In a report released today, Mark Murphy from J.P. Morgan assigned a Buy rating on Snowflake (SNOW – Research Report), with a price target of ...
Yahoo Finance
Salesforce Plans Layoffs at Acquisition Own in Strategy Shift
Salesforce Inc. is planning to cut workers at Own, the data management startup it acquired for about $2 billion.Most Read from BloombergParis to Replace Parking Spaces With TreesNew York’s Transit ...
VentureBeat
OpenText expands AI capabilities to improve enterprise productivity and ROI
OpenText expands its enterprise AI portfolio while demonstrating ROI through real-world implementations and a 30-day proof-of-concept program.
SiliconANGLE
MongoDB and Microsoft expand partnership to advance AI applications and data analytics
Database company MongoDB Inc. today announced an expanded partnership with Microsoft Corp. that includes new integrations aimed at enhancing artificial intelligence application development, real-time ...
TechCrunch
Meta hires Salesforce’s CEO of AI, Clara Shih, to lead new business AI group
Meta hired Salesforce's CEO of AI, Clara Shih, to lead a new organization building AI tools for businesses that use Meta's apps to reach consumers, ...
Yahoo
Microsoft Developing New Recovery Tool in Response to CrowdStrike Disaster
At the Microsoft Ignite event, the company revealed the new Quick Machine Recovery feature. Quick Machine Recovery was developed as a response to the CrowdStrike incident. The idea is that IT workers ...
Yahoo Finance
CrowdStrike: Positioned for Growth Amidst Short-Term Challenges
Thus, as mentioned previously, I believe that CrowdStrike is positioned well to benefit in a time where enterprises are increasingly looking to consolidate its cybersecurity infrastructure. As a ...
Business Insider
Snowflake announces expanded partnership with Microsoft
Snowflake (SNOW) announced at Microsoft Ignite an expanded partnership with Microsoft (MSFT) to establish a new Snowflake Power Platform ...
Business Insider
CrowdStrike Holdings (CRWD) Gets a Buy from RBC Capital
In a report released on November 17, Matthew Hedberg from RBC Capital maintained a Buy rating on CrowdStrike Holdings (CRWD – Research Report), ...
Business Insider
New Buy Rating for Snowflake (SNOW), the Technology Giant
In a report released on November 17, Matthew Hedberg from RBC Capital maintained a Buy rating on Snowflake (SNOW – Research Report), with a price target of $175.00. The company’s shares closed ...
Business Insider
Gitlab (GTLB) Receives a Rating Update from a Top Analyst
RBC Capital analyst Matthew Hedberg maintained a Buy rating on Gitlab (GTLB – Research Report) on November 17 and set a price target of $73.00.
Yahoo Finance
Salesforce plans layoffs at Own amid acquisition strategy shift
Some roles will be eliminated by 31 January 2024 at Own, while others will be “transitional”, lasting three to 12 months.
Yahoo Finance
Atlassian Corporation: a Stock with AI Potential Posed for Further Growth
Despite an expensive valuation, growth catalysts could potentially boost the stock in the quarters and years ahead.
The Verge
FromSoftware parent company confirms Sony’s acquisition interest
Reports that Sony was in talks to acquire Kadokawa, the Japanese media conglomerate that owns Elden Ring developer FromSoftware, have been confirmed. Kadokawa has released a short statement ...
Business Insider
EQS-News: Circus SE to further extend its AI-solutions with intended acquisition of AI-software provider Campo Group
With this intended acquisition, Circus strengthens its leadership in AI-based solutions, powering fully autonomous operations in the global food service market. By integrating Campo’s advanced ...
Business Insider
Salesforce price target raised to $340 from $310 at JPMorgan
JPMorgan analyst Mark Murphy raised the firm’s price target on Salesforce (CRM) to $340 from $310 and keeps an Overweight rating on the shares.
Business Insider
Cautious Outlook for Salesforce Amid Constrained Buying Environment and Uncertain Growth Prospects
Wells Fargo analyst Michael Turrin has maintained their neutral stance on CRM stock, giving a Hold rating on November 14.Don't Miss our Black ...
Barron's
Delta Expects 2025 Capacity Growth of Up to 4%. The Stock Is Trading Lower.
Delta stock fell 2.6% to $63.04 in premarket trading Wednesday. Through Tuesday’s close, shares have jumped 61% this year. “We are introducing a three-to-five-year financial f ...
Business Insider
Prompt Security Raises $18M Series A to Accelerate Its Mission to Secure GenAI in Enterprises
Backed by Jump Capital and Okta, the company reports a fivefold increase in customers, counting Fortune 500s among themNEW YORK, NY / ACCESSWIRE ...
Yahoo Finance
GoodTime Recognized as a Top 100 Software Company for 2024
The Software Report has named GoodTime in its annual ranking of the world’s Top 100 Software Companies for 2024, recognizing GoodTime’s innovation, growth, and leadership in transforming talent ...
Business Insider
Crowdstrike price target raised to $375 from $300 at Stifel
Stifel raised the firm’s price target on Crowdstrike (CRWD) to $375 from $300 and keeps a Buy rating on the shares ahead of the company ...
Yahoo Finance
Intuit (INTU) To Report Earnings Tomorrow: Here Is What To Expect
Tax and accounting software provider, Intuit (NASDAQ:INTU) will be reporting results tomorrow after the bell. Here’s what investors should know.
TechCrunch
AI training software firm iLearningEngines says it lost $250,000 in recent cyberattack
The US-based firm said hackers misdirected a $250,000 wire transfer payment that it hasn't been able to recover.
TechCrunch
Twenty is building an open source alternative to Salesforce
If a software product is successful enough, you’ll probably be able to find a company building an open source alternative. And yet, nobody has created a modern open source CRM product that can be ...
Business Insider
Crowdstrike price target raised to $355 from $325 at Morgan Stanley
Morgan Stanley raised the firm’s price target on Crowdstrike (CRWD) to $355 from $325 and keeps an Overweight rating on the shares. Crowdstrike ...
Yahoo Finance
Analysts adjust CrowdStrike price target ahead of earnings
The cybersecurity company CrowdStrike (CRWD) warned in its 2024 Global Threat Report that "the speed and ferocity of cyberattacks continue to accelerate as adversaries compress the time between ...
Yahoo Finance
Is ServiceNow, Inc.'s (NYSE:NOW) Latest Stock Performance A Reflection Of Its Financial Health?
ServiceNow's (NYSE:NOW) stock is up by a considerable 20% over the past three months. Since the market usually pay ...
Business Insider
Intuit’s Growth Prospects and Strategic Positioning Justify Buy Rating with $725 Target
Mizuho Securities analyst Siti Panigrahi has reiterated their bullish stance on INTU stock, giving a Buy rating yesterday.Don't Miss our Black ...
The Verge
Microsoft’s new Windows Resiliency Initiative aims to avoid another CrowdStrike incident
The Windows Resiliency Initiative includes core changes to Windows that will make it easier for Microsoft’s customers to recover Windows-based machines if there’s ever another CrowdStrike-like ...
Yahoo Finance
Atlassian Insiders Sell US$13m Of Stock, Possibly Signalling Caution
Over the past year, many Atlassian Corporation ( NASDAQ:TEAM ) insiders sold a significant stake in the company ...
Yahoo Finance
Musk's Bold Tax Revolution: Challenges For Intuit's TurboTax Empire
For Intuit, the stakes are sky-high. TurboTax has dominated the tax preparation market for years, generating billions annually, but Musk's free-filing vision could upend that dominance. The company ...
Yahoo Finance
Salesforce's (NYSE:CRM) earnings growth rate lags the 15% CAGR delivered to shareholders
If you want to compound wealth in the stock market, you can do so by buying an index fund. But the truth is, you ...
Wall Street Journal
Fintech Firm Dave Hires New Marketing Chief Amid FTC False Advertising Allegations
The Los Angeles-based personal finance company wants to expand consumers’ perception of the brand.
TechCrunch
Microsoft beefs up Windows security with new recovery and patching features
Microsoft is introducing a number changes to Windows aimed at making the operating system more robust to hacking attempts.
Business Insider
Asana initiated with a Sector Perform at Scotiabank
Scotiabank initiated coverage of Asana (ASAN) with a Sector Perform rating and $15 price target The firm says that after a “choppy year” for ...
Business Insider
Optimistic Growth Prospects for Intuit Amid SMB Health and AI Potential
Steve Enders, an analyst from Citi, maintained the Buy rating on Intuit (INTU – Research Report). The associated price target was raised ...
Business Insider
Positive Outlook for CrowdStrike Holdings Amid Challenges and Competition
Morgan Stanley analyst Hamza Fodderwala maintained a Buy rating on CrowdStrike Holdings (CRWD – Research Report) today and set a price target ...