News
HCP
32.93
+4.82%
1.52
BUZZ-U.S. STOCKS ON THE MOVE-Viking, Alphabet, Dover
U.S. Stocks were sharply lower on Thursday. The Dow Jones Industrial Average was down 1.58% and the S&P 500 and Nasdaq Composite were also down. Meta Platforms dropped 12.7% after dour quarterly results. Newmont Corp was the top percentage gainer on the S.P. 500 and the Nasdaq.
Reuters · 7h ago
US STOCKS-Wall St loses over 1% amid fading rate-cut hopes
US STOCKS-Wall St loses over 1% amid fading rate-cut hopes. Meta Platforms plunges 13.0% after disappointing quarterly results. IBM down after HashiCorp deal, disappointing Q1 revenue Caterpillar falls on downbeat sales forecast. Indexes down: Dow 1.61%, S&P 1.30%, Nasdaq 1.77%.
Reuters · 7h ago
ETFs in Focus Post IBM's Q1 Revenue Miss, HashiCorp Deal
NASDAQ · 8h ago
UPDATE 1-IBM falls as enterprise-spending constraints choke consulting demand
IBM's shares fall more than 9% as enterprise-spending constraints choke consulting demand. The company's software business grew 5.5% in the quarter. IBM announced a $6.4 billion deal to buy cloud software company HashiCorp. Shares of the company were down 9.3% on Thursday.
Reuters · 8h ago
US STOCKS-Wall St drops as Meta Platforms, economic data weigh
US STOCKS-Wall St drops as Meta Platforms, economic data weigh. IBM down after HashiCorp deal, disappointing Q1 revenue Caterpillar falls on downbeat Q2 sales forecast. Indexes down: Dow 1.47%, S&P 1.43%, Nasdaq 2.14% U.S. Economic growth slowed more than expected in the first quarter.
Reuters · 9h ago
HashiCorp Price Target Raised to $35.00/Share From $31.00 by Scotiabank
Dow Jones · 9h ago
HashiCorp Cut to Sector Perform From Sector Outperform by Scotiabank
Dow Jones · 9h ago
Scotiabank Downgrades HashiCorp to Sector Perform, Raises Price Target to $35
Benzinga · 9h ago
IBM tumbles, but HashiCorp acquisition should create synergies: BofA
IBM tumbles 8% after announcement of $6.4B deal to acquire HashiCorp. Big Blue's first-quarter results and announcement of the acquisition should create synergies, BofA says. The acquisition is expected to close by the end of 2024.
Seeking Alpha · 9h ago
BUZZ-U.S. STOCKS ON THE MOVE-Chipotle Mexican Grill, Valero Energy, Union Pacific
Dow e-minis were down 1.14% in early trading. Chipotle Mexican Grill, Valero Energy, Union Pacific among top U.S. Stocks on the move. Meta Platforms down 15.3% after dour quarterly results. Sign of persistent inflation dampens hopes of Federal Reserve cutting interest rates.
Reuters · 9h ago
US STOCKS-Wall St set to open lower as Meta Platforms, economic data weigh
US stocks set to open lower as Meta Platforms, economic data weigh. Futures down: Dow 1.10%, S&P 1.16%, Nasdaq 1.54%. Growth stocks dragged down by Meta platforms after disappointing quarterly results. Commerce Department's snapshot of first-quarter GDP shows 1.6% growth.
Reuters · 10h ago
Technology Sector Update for 04/25/2024: XLK, XSD, META, IBM, HCP, CLS
NASDAQ · 10h ago
HashiCorp Is Maintained at Neutral by Piper Sandler
Dow Jones · 10h ago
HashiCorp: IBM's Big Deal? Cash In Now
Seeking Alpha · 10h ago
Piper Sandler Maintains Neutral on HashiCorp, Raises Price Target to $35
Benzinga · 10h ago
Analysts Offer Insights on Technology Companies: HashiCorp (HCP), Maxlinear (MXL) and NXP Semiconductors (NXPI)
TipRanks · 11h ago
BUZZ-Street View: IBM's software, consulting units to see growth ahead
IBM reports first-quarter revenue marginally below estimates. Shares down 8.6% at $168.25 in premarket trading. Analysts expect IBM's software, consulting units to see growth ahead. IBM to buy HashiCorp in a deal valued at $6.4 billion.
Reuters · 11h ago
BUZZ-U.S. STOCKS ON THE MOVE-Ford Motor, Merck, Teradyne
U.S. Stock index futures slip on Thursday morning. Dow e-minis down 0.57% ahead of the day's economic data. Ford Motor, Merck, Teradyne and Southwest Airlines are among the top gainers. Meta Platforms reports dour quarterly results and shares of growth stocks take a beating.
Reuters · 11h ago
US STOCKS-Futures falter as Meta Platforms weighs on megacaps
U.S. Stock index futures slip as Meta Platforms weighs on megacaps. Facebook-parent forecast higher expenses and lighter-than-expected revenue. Caterpillar falls on downbeat Q2 sales forecast. IBM down after Q1 revenue miss, HashiCorp deal. Dow futures down 0.58%, S&P 500 down 1.07% and Nasdaq down 1%.
Reuters · 11h ago
Analysts Offer Insights on Technology Companies: HashiCorp (HCP), ServiceNow (NOW) and Fortive (FTV)
TipRanks · 12h ago
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About HCP
HashiCorp, Inc. is a multi-cloud infrastructure automation software company. The Company’s software suite enables organizations to adopt consistent workflows and create a system of record for automating the cloud for infrastructure provisioning, security, networking, and application deployment. The Company’s commercial products include Terraform, Vault, Consul, and Nomad. Terraform is its infrastructure provisioning product that allows users to easily set up and manage information technology infrastructure. Terraform enables IT operations teams to apply an Infrastructure-as-Code approach, where processes and configuration required to support applications are codified and automated instead of being manual and ticket-based. Vault is its secrets management and data protection product. Vault is its secrets management and data protection product. Nomad is its scheduler and workload orchestrator that enables organizations to deploy and manage applications.