
Articles
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1 week ago |
tipranks.com | Vince Condarcuri
Tech company Dell Technologies (DELL) is set to report its first-quarter earnings results on May 29 after the market closes. Analysts are expecting earnings per share to come in at $1.71 on revenue of $23.17 billion. This equates to 34.6% and 4.2% year-over-year increases, respectively, according to TipRanks’ data.
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1 week ago |
tipranks.com | Vince Condarcuri
Grocery delivery company Instacart, also known as Maplebear (CART), has named Chris Rogers as its new CEO. This comes shortly after current CEO Fidji Simo was appointed to lead the applications team at OpenAI. Rogers has been with Instacart since 2019 and will officially take over as CEO on August 15. He will also join the company’s board of directors.
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1 week ago |
tipranks.com | Vince Condarcuri
Shares of Okta (OKTA) sank in after-hours trading after the identity management company reported earnings for its first quarter of Fiscal Year 2026. Earnings per share came in at $0.86, which beat analysts’ consensus estimate of $0.77 per share. Sales increased by 12% year-over-year, with revenue hitting $688 million and Subscription revenue making up $673 million of the total.
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1 week ago |
tipranks.com | Vince Condarcuri
Back in 2022, Elon Musk made tech giant Apple (AAPL) an offer. According to The Information, Musk pitched a deal for SpaceX’s Starlink service to power satellite connectivity for iPhones. He proposed an 18-month exclusive partnership for $5 billion upfront, followed by $1 billion in annual payments. He also warned that if they rejected the offer, he would launch a similar satellite messaging feature that would still work with iPhones.
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1 week ago |
tipranks.com | Vince Condarcuri
A strong earnings report from chipmaker Nvidia (NVDA) could help fuel a broader rally in U.S. stocks, especially with about $7 trillion still sitting in cash funds, according to BBVA strategists. Indeed, analyst Michalis Onisiforou noted that institutional investors, such as hedge funds and mutual funds, are still underexposed to tech stocks, while Trend-following funds are neutral right now.
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