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Netgear reported Q2 revenue of $168.6 million and said Enterprise revenue rose 7.7% year over year. The company forecast Q3 revenue of $165 million to $175 million and non-GAAP operating margin of negative 3% to 0%.
Bitcoin traded near $83,559, down 2.3% on the day, as markets reacted to rising Treasury yields and a hawkish shift in the Fed backdrop.
Bitcoin sold off and hovered near $83,500 while U.S. stock indexes pared earlier declines after Treasury yields and oil pulled back. The move came during broader afternoon trading that also saw the Dow, S&P 500 and Nasdaq recover some ground.
Bitcoin dropped 2.9% to a session low of $82,884 as Treasury yields pushed higher and U.S. stocks weakened.
Bitcoin dropped 2.9% to a session low of $82,884 as major U.S. stock indexes and Treasury yields moved higher. The article also said Bitcoin remains more than 34% below its all-time high of $126,272.
Evercore ISI upgraded NetApp to outperform from neutral and raised its price target to 300 from 210. The firm said the company is entering a better growth and earnings setup amid AI-related demand.
Super Micro Computer, Inc. (NASDAQ: SMCI ) stock rose nearly 4% Friday as investors favored large-cap technology and artificial intelligence-linked hardware stocks. The Nasdaq gained 1.01%, while the S&P 500 rose 0.73%. The technology sector advanced about 1%. Super Micro’s gain came during a broad risk-on session. Ten
NetApp reported fiscal 2027 first-quarter EPS of $2.58, beating $2.12 consensus by 21.7%. Revenue was $2.03 billion versus $1.84 billion Street. It raised adjusted EPS guidance to $9.73-$10.03 and revenue outlook to $7.98B-$8.23B.
NetApp reported fiscal Q1 adjusted earnings of $2.58 a share on revenue of $2.03 billion, both above estimates, and raised full-year guidance. Shares fell premarket after the company said second-quarter gross margin will drop to 67% to 68%.
Snowflake rose 24.3% to $380 in premarket trading after reporting second-quarter revenue of $1.55 billion and adjusted earnings of 62 cents a share, both above analyst estimates.
NetApp reported Q1 revenue of $2.03 billion, up 30% year over year, and raised fiscal 2027 guidance to $7.975 billion-$8.225 billion for revenue and $9.73-$10.03 for EPS.
Brown-Forman is the week’s biggest expected mover, with a 15.98% implied swing ahead of Tuesday morning results. Analysts expect $915.40 million in revenue and 37 cents a share.
Nutanix said fourth-quarter revenue rose to $757 million and ARR reached $2.55 billion, with both exceeding guided metrics. Full-year fiscal 2026 revenue was $2.85 billion and free cash flow was $841 million.
In the ever-evolving and intensely competitive business landscape, conducting a thorough company analysis is of utmost importance for investors and industry followers. In this article, we will carry out an in-depth industry comparison, assessing Apple (NASDAQ: AAPL ) alongside its primary competitors in the Technology
Amidst the fast-paced and highly competitive business environment of today, conducting comprehensive company analysis is essential for investors and industry enthusiasts. In this article, we will delve into an extensive industry comparison, evaluating Apple (NASDAQ: AAPL ) in comparison to its major competitors within
In today's rapidly evolving and fiercely competitive business landscape, it is crucial for investors and industry analysts to conduct comprehensive company evaluations. In this article, we will undertake an in-depth industry comparison, assessing Apple (NASDAQ: AAPL ) alongside its primary competitors in the Technology
Apple's financial metrics are compared to its major competitors in the Technology Hardware, Storage & Peripherals industry
NetApp beats earnings expectations and provides strong guidance, boosting stock price. Strong quarterly results drive investor optimism.