What Happened? A number of stocks jumped in the afternoon session after the software sector caught a massive tailwind, fueled by easing geopolitical tensions and a fresh wave of AI-driven M&A.Over the weekend, President Trump abruptly called off a planned military offensive against Iran. Yielding t…
What Happened? Shares of hospitality software provider Agilysys NASDAQ:AGYS jumped 11.6% in the afternoon session after the company reported better-than-expected second-quarter results and raised its full-year revenue guidance.For the second quarter, the hospitality software provider posted revenue…
What Happened? Shares of enterprise software company Workday NASDAQ:WDAY fell 2.5% in the morning session after two Wall Street firms issued bearish calls, highlighted by Morgan Stanley downgrading the stock from Equal Weight to Underweight. The firm slashed its price target from $185 to $145. Anal…
What Happened? Shares of digital advertising platform The Trade Desk NASDAQ:TTD fell 3.6% in the afternoon session after IBM issued a second-quarter earnings warning, suggesting that enterprise customers may be slashing software budgets to fund hardware purchases.Legacy workflow and application inc…
What Happened? A number of stocks fell in the afternoon session after IBM issued a second-quarter earnings warning, suggesting that enterprise customers may be slashing software budgets to fund hardware purchases.Legacy workflow and application incumbents like ServiceNow NYSE:NOW, Workday NASDAQ:WD…
What Happened? A number of stocks fell in the afternoon session after IBM issued a second-quarter earnings warning, suggesting that enterprise customers may be slashing software budgets to fund hardware purchases.Legacy workflow and application incumbents like ServiceNow NYSE:NOW, Workday NASDAQ:WD…
What Happened? A number of stocks fell in the afternoon session after IBM issued a second-quarter earnings warning, suggesting that enterprise customers may be slashing software budgets to fund hardware purchases. Legacy workflow and application incumbents like ServiceNow NYSE:NOW, Workday NASDAQ:W…
What Happened? A number of stocks jumped in the morning session after U.S. and international security agencies issued a joint warning about Russian state-sponsored cyber threats targeting critical infrastructure.The Cybersecurity and Infrastructure Security Agency (CISA), in collaboration with the…
The discussion highlighted the rapid rise of AI agents in enterprises, emphasizing the need for centralized, dynamic identity and access management. Okta is investing in real-time, context-aware authorization and expects industry consolidation as organizations seek unified solutions for both human…
What Happened? Shares of identity management company Okta NASDAQ:OKTA jumped 3.4% in the morning session after Scotiabank upgraded the stock to Outperform from Sector Perform and set a $165 price target.The firm views the identity and access management company as a beneficiary of artificial intelli…
(14:02 GMT) Okta Price Target Raised to $165.00/Share From $135.00 by Scotiabank
