On August 26, Citi kept a Buy rating and lifted its target to $40 from $37, Morgan Stanley stayed at Equal Weight with $36 (from $33), UBS held Neutral and moved to $37 from $29, and RBC Capital Markets maintained Underperform with a $26 …
Revenue of $74.4 million compared with $66.1 million in fiscal 2025 and with the company's guidance of $73 million. Subscription and support revenue grew 8.7% to $35.8 million, about 48% of the total, and services revenue rose 3.3% to $33.6 million. License fees were …
Apple (NASDAQ: AAPL) has set October 28 for a "Pro and tell" launch event in Los Angeles, the third product showcase of John Ternus's short tenure as chief executive. Invitations reached media and analysts on Monday. Attention centres on a possible MacBook Pro with …
The scenario points to the less-discussed half of the quantum threat. Most attention has gone to stolen secrets. Carvalho’s warning is about forged proof of who is speaking. He includes banks, power grids, military command systems andBitcoinamong the systems that rely on mathematics a …
Figma shares closed at $21.49 on Oct. 16, down 6.5% on the day, after AI-financing fears spread across software stocks. That is about 35% below its $33 IPO price from July 2025 and far under the first-day highs above $100. Adobe fell 2.6% to …
Semiconductors were among the hottest trades of 2026, which makes the reversal sharp. The Philadelphia Semiconductor Index fell 3.83% on Friday, October 16, 2026, extending a losing run that one data provider counts at eight sessions. Advanced Micro Devices lost 5.95%, Intel 5.79%, Micron …
Even security stocks with strong demand were sold on Friday, October 16, 2026 as AI financing worries spread. Palo Alto Networks (NASDAQ:PANW) fell about 7.6% to roughly USD 343, a day after Citi raised its price target to USD 440. SentinelOne sank about 9%, …
The Nasdaq Composite fell 2.14% to 26,140.03 on October 16, 2026, its worst week since June at 4.48% lower, while the S&P 500 lost 1.09% to 7,659.44 and the Dow slipped 0.34% to 52,002.41 in published market data. Palantir Technologies (NASDAQ:PLTR) fell 7.22%, and …
Super Micro Computer (NASDAQ:SMCI) fell 9.86%, more than any other S&P 500 constituent on October 16, 2026, in a session when the Nasdaq Composite lost 2.14%. The three suppliers that fell next were Flex at 8.16%, Coherent at 7.06% and Hewlett Packard Enterprise at …
Western Digital (NASDAQ:WDC) fell 6.86% on Friday, October 16, 2026, while Seagate fell 7.50% and Sandisk fell 6.85% in a session when the Nasdaq Composite lost 2.14%. No company announcement explaining the move was found. Storage stocks rebounded in premarket trading on Monday, with …