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Tag: BlackBerry Limited

  • Pre-Market Momentum Builds For BlackBerry (BB) On Strong Earnings

    Pre-Market Momentum Builds For BlackBerry (BB) On Strong Earnings

    As of the last check during pre-market trading, BlackBerry Limited (NYSE: BB) shares were on a significant increase, up 12.80% at $4.88. Following the announcement of strong financial results for the three months ending May 31, 2025, indicating a strong start to its new fiscal year, there was an early spike.

    Excellent Margin and Revenue Performance

    BlackBerry exceeded previous projections with a total revenue of $121.7 million. The non-GAAP gross margin was 75%, while the gross margin was 74%. Revenue from its QNX segment, which provides core software for embedded devices, increased by 8% year over year to $57.5 million.

    Moreover, the QNX segment exceeded forecasts with a gross margin of 81%. With $59.5 million in revenue and a 70% adjusted gross margin, Secure Communications saw a 6 percentage point rise in revenue over the previous quarter and a 4 percentage point gain over the previous year. Revenue from licensing was $4.7 million.

    Milestones of Profitability and Returns to Shareholders

    For the first time since Q4 FY22, BlackBerry achieved profitability with a GAAP net income of $1.9 million. Adjusted EBITDA exceeded projections at $16.4 million, while non-GAAP net income was $12.3 million. BB also returned $10 million to shareholders through the repurchase of 2.57 million common shares under its recently announced normal course issuer bid.

    Strategic Developments Across Business Units

    BB continues to make strides in its core segments. QNX introduced Hypervisor 8.0, based on the new SDP 8.0 architecture, supporting high-performance virtualization. WeRide launched an L2++ ADAS platform using QNX OS for Safety, while Leapmotor integrated QNX technologies in its new B10 electric SUV.

    Additionally, Direct ChassisLink Inc. (DCLI) deployed BlackBerry Radar across 100,000 chassis. BlackBerry AtHoc achieved a milestone by becoming the first critical event management solution to secure FedRAMP High authorization.

    Global Development and Innovation

    BlackBerry last month provided cybersecurity training scholarships to a large number of women cyber-defenders, people with limited educational and professional opportunities, and university instructors and students in honor of the Malaysia Cybersecurity Center of Excellence’s (CCoE) one-year anniversary.

    These changes reflect BlackBerry’s ongoing focus on innovation, security, and expanding global partnerships.

  • 49 Stocks Making Sharp Moves in Pre Market Session

    49 Stocks Making Sharp Moves in Pre Market Session

    BlackBerry Limited (BB) stock soared 21.29% to $8.49 in the pre-market trading following the announcement of its multi-year, global agreement with Amazon Web Services, Inc. (AWS). The most recent rating by TD Securities, on April 01, 2020, is a Hold.
    Gores Metropoulos Inc. (GMHI), a Shell Companies company, dropped about -3.71% at $16.37 in pre-market trading Wednesday.
    Carnival Corporation & Plc (NYSE: CCL) shares are trading up 2.48% at $20.65 at the time of writing. The firm recently reported Peter C. Anderson as a Section 16 Named Executive Officer. Company’s 52-week ranged between $7.80 to $51.94. Analysts have a consensus price target of $31.
    Guardion Health Sciences Inc. (GHSI) is up more than 2.11% at $0.3 in pre-market hours Wednesday December 02, 2020. The stock had jumped over 11.71% to $0.29 in the last trading session.
    Advaxis Inc. (ADXS) grew over 0.85% at $0.32 in pre-market trading today. The healthcare company recently announced closing of $9.2 million public offering.
    Before the trading started on December 02, 2020, RiceBran Technologies (RIBT) is down -5.56% to reach $0.68. It has been trading in a 52-week range of $0.37 to $2.43.
    Sundial Growers Inc. (SNDL) stock moved up 5.75 percent to $0.69 in the pre-market trading and the company recently announced elimination of senior secured second lien convertible notes.
    Kaixin Auto Holdings (KXIN) is up more than 4.55% at $7.35 in pre-market hours Wednesday December 02, 2020. The stock had jumped over 8.32% to $7.03 in the last trading session.
    Moleculin Biotech Inc. (MBRX) lost over -7.83% at $0.9125 in pre-market trading Wednesday December 02, 2020 after declaring that the US Food and Drug Administration (FDA) has approved its request for a “Rare Pediatric Disease” designation for its drug candidate WP1066.
    Jaguar Health Inc. (JAGX) stock plunged -5.83% to $0.4313 in the pre-market trading. The most recent rating by Rodman & Renshaw, on July 11, 2017, is a Buy.
    Auris Medical Holding Ltd. (EARS) stock plunged -17.97% to $4.29 in the pre-market trading after reporting positive efficacy data from testing AM-301 in vitro. The most recent rating by Euro Pacific Capital, on October 08, 2018, is a Buy.
    Before the trading started on December 02, 2020, Sunworks Inc. (SUNW) is up 9.88% to reach $4.67. It has been trading in a 52-week range of $0.29 to $8.50.
    China Automotive Systems Inc. (NASDAQ: CAAS) shares are trading down -4.95% at $8.25 at the time of writing after the firm declared that its shipped approximately 120,000 units from its portfolio of electric power steering products for use in Chinese electric vehicles during 2020. Company’s 52-week ranged between $1.42 to $10.50.
    Tilray Inc. (NASDAQ: TLRY) shares are trading up 1.61% at $8.2 at the time of writing. Company’s 52-week ranged between $2.43 to $22.95. Analysts have a consensus price target of $4.77.
    Ocugen Inc. (OCGN) lost over -8.87% at $0.3101 in pre-market trading Wednesday December 02, 2020. The company recently reported that leading independent proxy firms ISS and Glass Lewis recommended Ocugen stockholders vote “FOR” reverse stock split and authorized shares amendment proposals.
    AMC Entertainment Holdings Inc. (AMC) is up more than 2.41% at $4.25 in pre-market hours Wednesday December 02, 2020. The stock had dropped over -2.81% to $4.15 in the last trading session.
    Before the trading started on December 02, 2020, JetBlue Airways Corporation (JBLU) is down -4.67% to reach $14.7 following the declaration of its pricing of common stock offering. It has been trading in a 52-week range of $6.61 to $21.65.
    Before the trading started on December 02, 2020, Uxin Limited (UXIN) is down -3.65% to reach $1.32. It has been trading in a 52-week range of $0.72 to $3.10.
    Li Auto Inc. (NASDAQ: LI) shares are trading up 1.78% at $35.48 at the time of writing after announcing that the Company delivered 4,646 Li ONEs in November 2020. Company’s 52-week ranged between $14.31 to $47.70. Analysts have a consensus price target of $45.60.
    Aurora Cannabis Inc. (ACB) stock soared 3.59% to $10.1 in the pre-market trading. The most recent rating by Jefferies, on November 16, 2020, is an Underperform.
    Tantech Holdings Ltd (TANH), a Household & Personal Products company, dropped about -3.24% at $1.79 in pre-market trading Wednesday after reporting the launch by its subsidiary, Shangchi Automobile Co., Ltd., of its newest highly innovative driverless and autonomous street sweeper.
    Corbus Pharmaceuticals Holdings Inc. (NASDAQ: CRBP) shares are trading down -5.52% at $1.37 at the time of writing. Company’s 52-week ranged between $0.91 to $9.78. Analysts have a consensus price target of $3.
    iBio Inc. (IBIO) is up more than 19.31% at $1.73 in pre-market hours Wednesday December 02, 2020 after revealing that it has entered into its first Statement of Work (“SoW”) under a Master Services Agreement with ATB Therapeutics to produce its bioengineered antibody-toxin fusion proteins using iBio’s FastPharming® System. The stock had dropped over -2.68% to $1.45 in the last trading session.
    Norwegian Cruise Line Holdings Ltd. (NYSE: NCLH) shares are trading up 2.09% at $23.42 at the time of writing. Company’s 52-week ranged between $7.03 to $59.78. Analysts have a consensus price target of $26.
    Moderna Inc. (MRNA) stock soared 6.09% to $149.6 in the pre-market trading. The biotechnology firm reported recently, that the primary efficacy analysis of the Phase 3 study of mRNA-1273 conducted on 196 cases confirms the high efficacy observed at the first interim analysis. The most recent rating by Wells Fargo, on November 23, 2020, is an Equal weight.
    Switchback Energy Acquisition Corporation (SBE) is down more than -4.16% at $28.13 in pre-market hours Wednesday December 02, 2020. The stock had dropped over -12.67% to $29.35 in the last trading session.
    Novavax Inc. (NVAX) grew over 4.84% at $129.44 in pre-market trading today after declaring COVID-19 vaccine clinical development progress.
    Before the trading started on December 02, 2020, Eastman Kodak Company (KODK) is up 3.88% to reach $7.5. It has been trading in a 52-week range of $1.50 to $60.00.
    ReneSola Ltd (SOL), a Solar company, dropped about -11.66% at $6.97 in pre-market trading Wednesday after releasing its third quarter 2020 financial results.
    Acasti Pharma Inc. (ACST) stock plunged -9.56% to $0.3301 in the pre-market trading. The most recent rating by Oppenheimer, on September 01, 2020, is a Perform.
    Pfizer Inc. (PFE) stock moved up 3.73 percent to $40.88 in the pre-market trading after the firm and BioNTech SE reporting that the Medicines & Healthcare Products Regulatory Agency (MHRA) in the U.K. has granted a temporary authorization for emergency use for their COVID-19 mRNA vaccine (BNT162b2), against COVID-19.
    Gevo Inc. (NASDAQ: GEVO) shares are trading down -3.17% at $1.83 at the time of writing. Company’s 52-week ranged between $0.46 to $2.91.
    Fisker Inc. (FSR) is down more than -3.41% at $17.55 in pre-market hours Wednesday December 02, 2020. The company recently reported that that Henrik Fisker, chairman and chief executive officer of Fisker, will participate in the Credit Suisse Eighth Annual Virtual Industrials Conference. The stock had dropped over -6.24% to $18.17 in the last trading session.
    Nxt-ID Inc. (NXTD) grew over 43.17% at $0.587 in pre-market trading today.
    Before the trading started on December 02, 2020, Bloom Energy Corporation (BE) is down -6.58% to reach $23.0 and the company will host virtual analyst day on December 16, 2020. It has been trading in a 52-week range of $3.00 to $28.24.
    Ocean Power Technologies Inc. (OPTT), a Electrical Equipment & Parts company, dropped about -3.54% at $2.45 in pre-market trading Wednesday.
    Nikola Corporation (NKLA) stock soared 4.38% to $18.13 in the pre-market trading after signing MOU with General Motors. The most recent rating by Loop Capital, on November 20, 2020, is a Buy.
    Vaxart Inc. (VXRT) gained over 3.92% at $7.95 in pre-market trading Wednesday December 02, 2020.
    salesforce.com inc. (CRM) lost over -4.16% at $231.3 in pre-market trading Wednesday December 02, 2020 after introducing service cloud workforce engagement to help contact centers thrive in an all-digital, work-from-anywhere world.
    InVivo Therapeutics Holdings Corp. (NVIV), a Biotechnology company, rose about 2.42% at $0.635 in pre-market trading Wednesday.
    FuelCell Energy Inc. (FCEL) stock plunged -20.11% to $7.23 in the pre-market trading following the publication pricing of its underwritten public offering of 34,518,539 shares of its common stock, at a public offering price of $6.50 per share. The most recent rating by JP Morgan, on November 19, 2020, is a Neutral.
    Pershing Square Tontine Holdings Ltd. (PSTH), a Shell Companies company, rose about 2.34% at $26.25 in pre-market trading Wednesday.
    Virgin Galactic Holdings Inc. (NYSE: SPCE) shares are trading up 4.37% at $29.59 at the time of writing after reporting its new flight window since it paused the spaceflight preparations in response to state guidelines from the New Mexico Department of Health to reduce the spread of COVID-19. Company’s 52-week ranged between $7.14 to $42.49. Analysts have a consensus price target of $19.
    Second Sight Medical Products Inc. (EYES) stock moved down -8.0 percent to $1.38 in the pre-market trading.
    BioNTech SE (BNTX) grew over 7.36% at $122.4 in pre-market trading today after declaring that it will hold a press conference including a video webcast on Wednesday, December 2, 2020, to provide an update on the status of the COVID-19 vaccine development program of its lead vaccine candidate BNT162b2.
    Sogou Inc. (SOGO), a Internet Content & Information company, rose about 3.09% at $8.68 in pre-market trading Wednesday.
    Tellurian Inc. (TELL) is down more than -4.29% at $1.56 in pre-market hours Wednesday December 02, 2020 and the firm recently declared the appointment veteran CEO and adds industry experts to board of directors. The stock had jumped over 9.40% to $1.63 in the last trading session.
    Arlo Technologies Inc. (ARLO) lost over -3.48% at $6.66 in pre-market trading Wednesday December 02, 2020.
    Before the trading started on December 02, 2020, ZoomInfo Technologies Inc. (ZI) is down -3.57% to reach $46.22 as the firm announced pricing of secondary offering of shares of class a common stock. It has been trading in a 52-week range of $30.83 to $64.40.

  • BlackBerry Limited (NYSE: BB) stock flying high in the pre-market

    BlackBerry Limited (NYSE: BB) stock flying high in the pre-market

    Shares of BlackBerry Limited (NYSE: BB) up more than 20% to trade at $8.44 in early hours trading as the company confirmed that it would be hosting a fireside investors chat on Wednesday, December 2, 2020, to discuss the company’s new Intelligent Vehicle Data Platform for the production and promotion of BlakBerry’s Intelligent Vehicle Data Platform, IVY with Amazon Web Services, Inc. (AWS), an Amazon.com, Inc.’s (NASDAQ: AMZN) company. Automakers may use this knowledge to provide responsive driver and passenger experience services.

    “Data and interconnectedness open up new avenues for innovation in the automotive industry, and BlackBerry and AWS share a common vision to provide better insights for autos and developers in order to provide consumers with new services,” said John Chen, Chief Executive Officer, and CEO, BlackBerry. “Without sacrifices to protection, safety or consumer privacy, this softwareplatform promises to contribute to the inventiveness of the vehicles and helps to develop new apps, services and opportunities. Our partnership with AWS will be extended to implement this vision and deliver BlackBerry IVY.”

    “AWS and BlackBerry are constantly making it possible for every automaker of Amazon, Inc.’s Amazon Web Services, CEO Andy Jassy told BlackBerry that we will provide automakers with insights, skills, agility through our joint efforts with BlackBerry. The Amazon Web Services Inc. As car manufacturers aspire to advance in their digital transformations, BlackBerry IVY helps them to develop their brands and set the benchmark for automotive connected service.”

    Charles Eagan, BlackBerry’s Chief Technology Officer, and Vito Giallorenzo, Senior Vice President, Corporate Development & Strategic Partnerships at BlackBerry in conversation with Tim Foote, BlackBerry Investor Relations.

  • 15 Stocks In Software – Infrastructure Industry You Should Add In Your Bucket

    15 Stocks In Software – Infrastructure Industry You Should Add In Your Bucket

    Software Infrastructure Industry is considered to be an important industry as it helps the organization run smoothly by automating the processes in the organizations. Software is ubiquitous and is helpful in reducing time and also save costs. The software helps in increasing staff productivity, minimizing manual error, and improve security management.

    Every sector including manufacturing, entertainment, healthcare, software development, technology all is experiencing change because of fast digital transformation. Half of 2020 is passed and half is underway and the new trends in the software industry are also in process. There are various trends in software development that will take the center stage in 2020 and 2021. Trends include the Internet of Things (IoT), Artificial Intelligence, and Big data, etc.

    There are few leading companies in the Software Infrastructure Industry yo should add to your portfolio:

    Microsoft Corporation (NASDAQ: MSFT)

    Microsoft Corporation (NASDAQ: MSFT) shares were trading down -4.96% at $202.68 at the time of writing on Wednesday. Microsoft Corporation (NASDAQ: MSFT) share price went from a low point around $132.52 to briefly over $232.86 in the past 52 weeks, though shares have since pulled back to $202.68. MSFT market cap has remained high, hitting $1523.33B at the time of writing, giving it a price-to-sales ratio of more than 10.

    Microsoft Corporation (MSFT) has earlier announced that the fiscal year 2021 first-quarter financial results are available on its Investor Relations website. If we look at the recent analyst rating MSFT, UBS resumed coverage on MSFT shares with a Buy rating and a $230.72 price target, which implies room for 28.04% upside momentum this year.

    Palantir Technologies Inc. (NYSE: PLTR)

    Palantir Technologies Inc. (PLTR) last closed at $10.85, in a 52-week range of $8.90 to $11.42. Palantir Technologies Joins The Trinity Challenge. Palantir Technologies Inc. (PLTR) has announced that it has joined Trinity College Cambridge’s ‘The Trinity Challenge’ as a member. Palantir Technologies Inc.’s market cap has remained high, hitting $18.24 Billion at the time of writing.

    Oracle Corporation (NYSE: ORCL)

    Oracle Corporation (NYSE: ORCL) stock drop by -2.61% to $55.59 after Pennsylvania State University Joins Oracle Academy to Help Students Become Cloud Developers and Technology Leaders. The most recent rating by UBS, on October 14, 2020, is at a Neutral. Oracle Corporation (ORCL) revealed new cloud services to help mid-sized banks fighting money laundering and outsmart financial crime.

    Limelight Networks Inc. (NASDAQ: LLNW)

    Limelight Networks Inc. (NASDAQ: LLNW) shares headed falling, lower as much as -6.36%. The most recent rating by B. Riley Securities, on October 23, 2020, is at a Buy. Limelight Networks Inc. (LLNW) has shared record revenue of $59.2 million for the third quarter of 2020, up 15 percent, compared to $51.3 million in the third quarter of 2019.

    FireEye Inc. (NASDAQ: FEYE)

    FireEye Inc. (NASDAQ: FEYE) rose 0.25% after gaining more than $0.04 on Wednesday. It has moved up 87.33% from its 52-weeks low and moved down -22.98% from its 52-weeks high. FireEye Inc. (FEYE) has earlier announced the financial results for the third quarter ended September 30, 2020. It has reported a revenue of $238 million as compared to the revenue of $226 million.

    Akamai Technologies Inc. (NASDAQ: AKAM)

    Akamai Technologies Inc. (NASDAQ: AKAM) last closed at $97.40, in a 52-week range of $75.18 to $120.00. Analysts have a consensus price target of $124.65. Akamai Technologies Inc. (AKAM) earlier announced that it has been recognized by Gartner as a Leader in the 2020 Magic Quadrant for Web Application Firewalls for the fourth year in a row.

    Square Inc. (NYSE: SQ)

    Square Inc. (NYSE: SQ) stock drop by -2.27% to $167.13. The most recent rating by Wolfe Research, on September 29, 2020, is at an Outperform. Square Inc. (SQ) has announced that it is scheduled to release financial results for the third quarter of 2020 on November 5, 2020. The company will host the conference call on the same day.

    NortonLifeLock Inc. (NASDAQ: NLOK)

    NortonLifeLock Inc. (NASDAQ: NLOK) shares headed falling, lower as much as -1.83% after 1 in 5 Americans Have Shared Disinformation. The most recent rating by Argus, on August 21, 2020, is at a Buy. NortonLifeLock Inc. (NLOK) announced it was named one of America’s Most JUST Companies, which recognizes companies for its commitment to serving its workers, customers, communities, the environment, and shareholders.

    BlackBerry Limited (NYSE: BB)

    BlackBerry Limited (NYSE: BB) fall -5.77% after losing more than -$0.28 on Wednesday. BlackBerry Limited (BB) has revealed a partnership to speed up Ontario’s economic recovery, after the impact of the COVID-19 pandemic. It has announced that it will participate in the Ontario Made program, managed by CME, aimed at promoting locally made products.

    Dropbox Inc. (NASDAQ: DBX)

    Dropbox Inc. (NASDAQ: DBX) last closed at $18.61, in a 52-week range of $14.55 to $24.14. Analysts have a consensus price target of $28.11. Dropbox Inc. (DBX) has announced that it will release its financial results for the third quarter ended 30 September 2020 after the market close on November 5, 2020. It has traded up 27.90% from its 52-weeks low and traded down -22.91% from its 52-weeks high.

    Adobe Inc. (NASDAQ: ADBE)

    Adobe Inc. (NASDAQ: ADBE) stock drop by -4.51% to $456.97. The most recent rating by DZ Bank, on September 17, 2020, is at a Buy. Adobe Inc. (ADBE) has revealed significant innovation across its Creative Cloud applications and services. In addition to ground-breaking new features like Neural Filters in Photoshop, the company shared major updates to its flagship applications including Lightroom, Premiere Pro, and Illustrator.

    CrowdStrike Holdings Inc. (NASDAQ: CRWD)

    CrowdStrike Holdings Inc. (NASDAQ: CRWD) fall -1.43% after losing more than -$1.91 on Wednesday. CrowdStrike Holdings Inc. (CRWD) has earlier revealed the new CrowdStrike Falcon X Recon module that will offer customers an increased level of situational awareness through the deep, broad collection of data from digital sources.

    Cloudflare Inc. (NYSE: NET)

    Cloudflare Inc. (NYSE: NET) last closed at $54.76, in a 52-week range of $15.05 to $61.86. Analysts have a consensus price target of $48.46. Cloudflare Inc. (NET) has earlier announced that it has dropped Cloudflare One, a comprehensive, cloud-based network-as-a-service solution for the workforce. This company has a market capitalization of $16.74 billion at the time of writing.

    Nutanix Inc. (NTNX)

    Nutanix Inc. (NTNX) stock soar by 0.08% to $24.56 after Nutanix Empowers UK Institute to Leap with Confidence. The most recent rating by Robert W. Baird, on August 28, 2020, is at a Neutral. Nutanix Inc. (NTNX) has revealed that that Highland Bank, a privately-held, business-focused bank implemented Nutanix hyper-converged infrastructure (HCI) to enable employees to work from anywhere in response to the COVID-19 pandemic, as well as increase the flexibility and reliability of their infrastructure.

    Box Inc. (NYSE: BOX)

    Box Inc. (NYSE: BOX) shares headed falling, lower as much as -0.80%. The most recent rating by Craig Hallum, on May 28, 2020, is at a Buy. Box Inc. (BOX) has traded up 86.00% from its 52-weeks low and traded down -27.25% from its 52-weeks low. This company has a market capitalization of $2.52 billion at the time of writing.

  • 20 Trending Stocks In Software – Infrastructure Industry You Should Be Holding Now

    20 Trending Stocks In Software – Infrastructure Industry You Should Be Holding Now

    In today’s world, we are observing the fast digital transformation that affects all life areas including business, healthcare, manufacturing, and entertainment. Software is ubiquitous and the software industry is considered to be an important industry as the new technologies are evolving with time.  The software industry has made progress rapidly. The global information technology is on pace to reach $5.2 trillion in 2020.

    There are various trends this industry is adapting to keep pace with the fast-moving technological world.  Cloud computing and artificial intelligence is now dominating the technological world today. There are various other trends such as machine learning, blockchain, and edge computing has a major impact on this industry beyond our imagination.

    Let take a quick look at the top 20 trending companies which are following new trends to compete in the market:

    ACI Worldwide Inc. (NASDAQ: ACIW)

    ACI Worldwide Inc. (NASDAQ: ACIW) shares were trading up 2.55% at $27.95 at the time of writing on Monday. ACI Worldwide Inc. (NASDAQ: ACIW) share price went from a low point around $20.03 to briefly over $39.37 in the past 52 weeks, though shares have since pulled back to $27.95. ACIW market cap has remained high, hitting $3.20B at the time of writing, giving it a price-to-sales ratio of more than 2.

    ACI Worldwide Inc. (ACIW) disclosed that it has entered into a strategic partnership with GOLDPoint Systems for installment and specialty lenders. The companies will facilitate debit card loan payments and disbursement of loan proceeds for GOLDPoint Systems’ customers through the integration of the ACI Speedpay solution into the GOLDPoint platform. If we look at the recent analyst rating ACIW, Compass Point initiated coverage on ACIW shares with a Buy rating and a $35.43 price target, which implies room for 7.48% upside momentum this year.

    Adobe Inc. (NASDAQ: ADBE)

    Adobe Inc. (NASDAQ: ADBE) last closed at $486.47, in a 52-week range of $255.13 to $536.88. Analysts have a consensus price target of $552.77. Adobe announced the appointment of Melanie Boulden to its board of directors, effective Oct. 5, 2020. The addition of Boulden expands Adobe’s board of directors from 10 to 11 members. This company has a total market capitalization of $243.37 billion.

    Akamai Technologies Inc. (AKAM)

    Akamai Technologies Inc. (AKAM) stock soar by 0.45% to $109.10. The most recent rating by Needham, on July 22, 2020, is at a Buy. Akamai Technologies Inc. (AKAM) disclosed earlier that it was named a Leader in The Forrester Wave™: Zero Trust eXtended Ecosystem Platform Providers, Q3 2020 evaluation. Forrester evaluated 15 vendors and their Zero Trust security platforms based on 19 criteria, ranking their current offering, strategy, and market presence.

    BlackBerry Limited (NYSE: BB)

    BlackBerry Limited (NYSE: BB) Shares headed rising, higher as much as 1.35%. The most recent rating by TD Securities, on April 01, 2020, is at a Hold.BlackBerry Limited has revealed BlackBerry® Protect Mobile, a new mobile threat defense (MTD) solution that extends the powerful AI-based security in BlackBerry® Protect to mobile devices. Looking at its profitability, it has a current ratio of $2.58 billion.

    Box Inc. (NYSE: BOX)

    Box Inc. (NYSE: BOX) rose 0.70% after gaining more than $0.12 on Monday. Box Inc. (BOX) has disclosed that the U.S. Department of Veterans Affairs (VA) has issued Box an Authority to Operate (ATO). The VA can leverage Box’s cloud content management platform to modernize its technical infrastructure and drive new ways to work in the cloud. This company market capitalization has remained high, hitting $2.76 billion at the time of writing.

    CleanSpark Inc. (NASDAQ: CLSK)

    CleanSpark Inc. (CLSK) last closed at $12.20, in a 52-week range of $0.97 to $15.14. CleanSpark Inc. (CLSK) earlier disclosed that it is entering the Electric Vehicle (EV) charging station space through its recently acquired, wholly-owned subsidiary GridFabric, LLC. GridFabric is an OpenADR (Automatic Demand Response) communications compliance and certification company.

    CrowdStrike Holdings Inc. (CRWD)

    CrowdStrike Holdings Inc. (CRWD) stock soar by 3.58% to $144.88. The most recent rating by Goldman, on October 05, 2020, is at a Buy. CrowdStrike Holdings Inc. has earlier disclosed that it has completed its acquisition of Preempt Security, a leading provider of Zero Trust, and conditional access technology for real-time access control and threat prevention.

    Dropbox Inc. (NASDAQ: DBX)

    Dropbox Inc. (NASDAQ: DBX) shares headed rising, higher as much as 1.72%. The most recent rating by BofA Securities, on July 31, 2020, is at a Neutral. Dropbox Inc. (DBX) CEO and co-founder Drew Houston earlier, said that COVID has accelerated a shift to distributed work that we have been talking about for some time, and these new ways of working will not simply go away when the pandemic is over.

    FireEye Inc. (NASDAQ: FEYE)

    FireEye Inc. (NASDAQ: FEYE) rose 2.22% after gaining more than $0.27 on Monday. FireEye Inc. (FEYE)  earlier disclosed Mandiant® Advantage: Threat Intelligence the first SaaS-based offering by Mandiant Solutions to combine its Threat Intelligence with data from the frontlines of its industry-leading cyber incident response engagements, delivered through an easy-to-use management platform.

    Fortinet Inc. (NASDAQ: FTNT)

    Fortinet Inc. (FTNT) last closed at $119.09, in a 52-week range of $70.20 to $151.95. Analysts have a consensus price target of $139.50. Fortinet Inc. (FTNT) has launched its new free Information Security Awareness and Training service for organizations looking to educate employees about the increasing risks of cyberattacks. This company has a market capitalization of $19.91 billion at the time of writing.

    GoDaddy Inc. (NYSE: GDDY)

    GoDaddy Inc. (NYSE: GDDY) stock soar by 2.57% to $77.09. The most recent rating by Raymond James, on August 06, 2020, is at a Strong buy. GoDaddy Inc. (GDDY) has disclosed that customers can now sell their products on Instagram and Facebook through Websites + Marketing Ecommerce, further expanding the opportunity for them to find new customers and grow sales. As an official Facebook Marketing Partner, GoDaddy is one of the early adopters of Facebook’s Business Extension.

    Limelight Networks Inc. (NASDAQ: LLNW)

    Limelight Networks Inc. (NASDAQ: LLNW) Shares headed falling, lower as much as -1.79%. The most recent rating by Truist, on September 18, 2020, is at a Buy. Limelight Networks Inc. (LLNW) will report financial results for the third quarter of 2020 on Thursday, October 22, 2020. This company has a total market capitalization of $695.37 million at the time of writing.

    Micro Focus International plc (NYSE: MFGP)

    Micro Focus International plc (NYSE: MFGP) rose 7.48% after gaining more than $0.24 on Monday. Micro Focus International plc (MFGP) share price went from a low point around $3.11 to briefly over $16.49 in the past 52 weeks, though shares have since pulled back to $3.55. MFGP market cap has remained high, hitting $1.16 B at the time of writing.

    Microsoft Corporation (NASDAQ: MSFT)

    Microsoft Corporation (NASDAQ: MSFT) last closed at $210.38, in a 52-week range of $132.52 to $232.86. Analysts have a consensus price target of $229.83. Microsoft Corporation (MSFT) Microsoft Corp. is to build a data center hub in Greece as it invests in cloud services infrastructure in the country, a boon to an economy weakened by a decade-long debt crisis and the coronavirus pandemic.

    Cloudflare Inc. (NYSE: NET)

    Cloudflare Inc. (NYSE: NET) stock soar by 2.66% to $42.86. The most recent rating by Needham, on August 07, 2020, is at a Buy. Cloudflare Inc. (NET) has launched Cloudflare Radar, a free public tool that lets anyone view global traffic and security trends across the Internet as they happen. This company has a total market capitalization of $13.19 billion.

    NortonLifeLock Inc. (NASDAQ: NLOK)

    NortonLifeLock Inc. (NASDAQ: NLOK) shares headed rising, higher as much as 4.67%. The most recent rating by Argus, on August 21, 2020, is at a Buy. NortonLifeLock Inc. (NLOK) share price went from a low point around $13.06 to briefly over $24.40 in the past 52 weeks, though shares have since pulled back to $21.69. NLOK market cap has remained high, hitting $12.81 Billion at the time of writing.

    Nutanix Inc. (NASDAQ: NTNX)

    Nutanix Inc. (NASDAQ: NTNX) fall -0.99% after losing more than -$0.22 on Monday. Nutanix Inc. (NTNX) earlier disclosed the release of the first cloud-agnostic multi-database management solution. Era 2.0 extends the Nutanix database management solution across clouds and clusters to simplify operations, with increased scale and reduced costs for IT and database teams.

    Okta Inc. (NASDAQ: OKTA)

    Okta Inc. (NASDAQ: OKTA) last closed at $227.26, in a 52-week range of $88.66 to $231.29. Analysts have a consensus price target of $222.74. Okta Inc. (OKTA) has disclosed it will webcast the Keynote and Investor/Analyst Q&A sessions of Showcase 2020.

    Oracle Corporation (NYSE: ORCL)

    Oracle Corporation (NYSE: ORCL) stock soar by 1.24% to $59.56. The most recent rating by RBC Capital Mkts, on September 21, 2020, is at an Outperform. Paytronix Systems, Inc., the most advanced digital guest experience platform and a member of Oracle PartnerNetwork (OPN), today announced the integration of Paytronix Order & Delivery with Oracle MICROS Simphony POS.

    Anaplan Inc. (NYSE: PLAN)

    Anaplan Inc. (NYSE: PLAN) Shares headed falling, lower as much as -1.04%. The most recent rating by Needham, on August 27, 2020, is at a Buy. Anaplan Inc. (PLAN) market capitalization has remained high, hitting $8.85 billion at the time of writing.

  • Here’s 10 Trending Stocks in Software – Infrastructure Industry

    Here’s 10 Trending Stocks in Software – Infrastructure Industry

    Tech stocks have been on fire lately. It appears that they continue hitting new record-breaking highs, for quite a while. Software is everywhere & considered to be the focal point of business innovation lately. The software industry made progress rapidly. The primary mode of software deployment has moved from legacy on-premise to cloud architecture with SaaS considered to be the preferred delivery mode.

    A number of significant organizations are running on Software and provided as online services from movies to agriculture, etc. Tech stocks keep pushing new highs as time passes. A number of silicon-valley styles entrepreneurial tech companies are winning the race.

    Here some of the booming software infrastructure stocks you should add to your list.

    Nutanix Inc. (NASDAQ: NTNX) shares were trading up 29.17% at $28.03 at the time of writing on Friday. Nutanix Inc. (NASDAQ: NTNX) share price went from a low point around $11.31 to briefly over $37.86 in the past 52 weeks, though shares have since pulled back to $28.03. NTNX market cap has remained high, hitting $4.33B at the time of writing, giving it a price-to-sales ratio of more than 3.

    If we look at the recent analyst rating NTNX, Robert W. Baird downgraded coverage on NTNX shares with a Neutral rating and a $28.71 price target, which implies room for 0.68% upside momentum this year.

    Microsoft Corporation (NASDAQ: MSFT) last closed at $228.91, in a 52-week range of $132.52 to $231.15. Analysts have a consensus price target of $226.93.

    Oracle Corporation (NYSE: ORCL) stock soar by 1.22% to $57.88. The most recent rating by Argus, on June 19, 2020, is at a Hold. Oracle saw a positive change in its earning growth and has been doing great lately compares to other companies that have been seeing a negative change in its growth.

    Square Inc. (NYSE: SQ) Shares headed rising, higher as much as 0.21%. The most recent rating by Mizuho, on August 27, 2020, is at a Buy.

    Dropbox Inc. (NASDAQ: DBX) rose 2.02% after gaining more than $0.41 on Friday. Dropbox, Inc saw a sharp increase in its share price movements in the recent months.

    NortonLifeLock Inc. (NASDAQ: NLOK) last closed at $24.05, in a 52-week range of $13.02 to $24.40. Analysts have a consensus price target of $24.33.

    BlackBerry Limited (NYSE: BB) stock soar by 3.98% to $5.23. The most recent rating by TD Securities, on April 01, 2020, is at a Hold.  BlackBerry (NYSE: BB) announced the Redemption of Existing Convertible Debentures. BlackBerry has given the notice of redemption to all holders of the 3.75% debentures. BB set the outstanding principal amount of the 3.75% Debentures is US$605 million.

    Okta Inc. (NASDAQ: OKTA) Shares headed falling, lower as much as -4.79%. The most recent rating by RBC Capital Mkts, on July 06, 2020, is at an Outperform. The return on capital employed ratio of Okta Inc. has disclosed that the current assets of the company are not helping it achieving higher returns.

    Box Inc. (NYSE: BOX) fall -1.19% after losing more than -$0.24 on Friday. Box, Inc. aimed to develop a solution and strived to build a platform that engaged in managing the content in the cloud.  The company has disclosed the stellar Q2 2021 earnings report. It has reported the revenue of US 1992.3 million. Its revenue beat analysts expectation as its recorded the 11%rise in Q2 revenue.

    CrowdStrike Holdings Inc. (NASDAQ: CRWD) last closed at $118.64, in a 52-week range of $31.95 to $119.94. Analysts have a consensus price target of $112.67. The stock of CrowdStrike Holdings has moved up more than 30% over the past 12 months. Its revenue rose 85% last quarter with the increase of its subscribers base.