Benzinga Bulls and Bears: Palo Alto, Ciena, Lululemon
Benzinga examined the prospects for many investors’ favorite stocks over the last week — here’s a look at some of our top stories.
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12 Information Technology Stocks Moving In Thursday's After-Market Session
Gainers Samsara (NYSE:IOT) shares moved upwards by 13.5% to $44.0 during Thursday's after-market session. The company's market cap stands at $21.4 billion. As per the news, the Q2 earnings report came out
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Asana shares are trading lower after the company reported Q2 financial results and issued Q3 adjusted EPS guidance below estimates.
Shares of software companies are trading lower after August's hotter-than-expected payrolls report increased expectations that the Federal Reserve could raise interest rates at its next meeting. A stronger U.S. dollar and higher rate expectations are weighing on growth stocks by reducing investor appetite for higher-risk assets.
These Analysts Increase Their Forecasts On Asana Following Upbeat Q2 Results
Asana beats Q2 estimates and raises full-year revenue guidance, but offers soft Q3 EPS outlook; shares fall 14% as analysts lift price targets.
Castellum's Global Technology And Management Resources Subsidiary Receives $32.8M Modification To Its Current Naval Air Systems Command Program Office 290 Special Missions Contract
Castellum, Inc. (NYSE-American: CTM) ("Castellum," "CTM," or the "Company"), a cybersecurity, electronic warfare, and software services company focused on the federal government, today announced
Shares of software companies are trading higher amid sympathy with Snowflake after the company reported better-than-expected Q2 financial results, boosting sentiment across the sector. Falling Treasury yields and Fed's Waller's comments that he is inclined to support holding interest rates steady may also be supporting growth stocks by easing concerns about tighter monetary policy and improving risk appetite.