Ciena (NYSE:CIEN), the Hanover, Maryland supplier of high-speed optical networking systems and software to carriers, cloud providers and enterprises, is rallying in Thursday's session with no new announcement of its own. A week of bullish research on AI networking appears to be driving a …
Concentrix (NASDAQ:CNXC), the Newark, California provider of customer experience services spun off from SYNNEX in 2020, is rebounding sharply in Thursday's session after sliding on itsEarningsreport. IT services names rallied as Accenture's (NYSE:ACN) stronger-than-expected results eased fears over client spending and AI disruption.
Coherent (NYSE:COHR), the Saxonburg, Pennsylvania maker of lasers, transceivers and compound-semiconductor materials formed by the 2022Mergerof II-VI and the original Coherent, is surging in Thursday's session. Lumentum (NASDAQ:LITE) rose about 9% on the same reports, so the move is spread across the optical group.
Digi International (NASDAQ:DGII), the Hopkins, Minnesota provider of IoT connectivity products and services, is edging lower in Thursday's session after announcing a definitive agreement to buy sensor maker Disruptive Technologies. The shares are down 3.74% at $73.38, pulling back after reaching $78.64 earlier in …
Everforth (NYSE:EFOR), formerly known as ASGN and based in Glen Allen, Virginia, provides IT consulting and staffing to commercial enterprises and federal agencies. It is jumping in Thursday's session after Accenture (NYSE:ACN) reported stronger-than-expected fiscal fourth-quarter results and an above-consensus fiscal 2027 outlook that …
Globant (NYSE:GLOB), the digitally native technology services firm founded in Buenos Aires and headquartered in Luxembourg, is trading sharply higher in Thursday's session afterGappingup. Accenture's (NYSE:ACN) fiscal fourth-quarter revenue of $18.7 billion topped the roughly $18.0 billion consensus, easing worries about client spending and …
Alphabet (NASDAQ:GOOGL) is under pressure in Thursday's session after a federal judge ruled the company must face roughly $3.2 billion in damage claims from publishers over its ad-tech business. The ruling overshadows the rollout of Gemini 4 Argon, the AI model that had lifted …
Grindr (NYSE:GRND), the social networking and dating app for the LGBTQ+ community with nearly 16 million average monthly users, is sliding in Thursday's session after announcing its first major acquisition. The market appears to be questioning the cash outlay andMargindilution, and the stock had …
Guidewire Software (NYSE:GWRE), the San Mateo, California provider of the cloud platform used by property and casualty insurers worldwide, is jumping in Thursday's session after a filing revealed a new multi-year contract. A top-10 U.S. insurer will run its personal lines book on Guidewire …
Innodata (NASDAQ:INOD), a Ridgefield Park, New Jersey data engineering and AI services company, is jumping in Thursday's session without a company announcement behind it. Accenture's (NYSE:ACN) stronger-than-expected fiscal fourth-quarter results and record bookings eased fears that AI would erodeDemandfor IT services, and Innodata climbed …