Q1 Software Earnings Preview: AI And Vendor Consolidation Will Be Key Themes To Watch

Software companies are projected to grow their revenues and earnings by 13.5% and 15% in Q1 2024. AI and vendor consolidation are key drivers for outperforming software companies in the technology industry. The long-term growth story in select software companies remains intact despite macroeconomic uncertainties.

Notable ETF Outflow Detected - IGV, CDNS, CRWD, ROP

Oracle Bets Big On Japan's Cloud Boom With $8B Investment

Oracle Corporation plans to invest over $8 billion in the next 10 years to cater to Japan's growing demand for cloud computing and AI infrastructure. The investment will boost Oracle Cloud Infrastructure’s footprint across Japan. Oracle also plans to expand its operations significantly and support engineering teams with Japan-based personnel.

Equity Market Outlook Q2 2024: Extreme Distortions Everywhere - A Moment For Active Management

Home Market Outlook Today's Equity Market Outlook Q2 2024: Extreme Distortions Everywhere - A Moment For Active Management. Neuberger Berman: U.S. Economic growth has remained resilient and leads the world. Global Industrial Activity Is Picking Up While Early Signs Of Moderating Growth in Europe. We believe extreme market consensus presents a moment for active management.

ServiceNow cut to Neutral at Guggenheim

Tech ServiceNow cut to Neutral at Guggenheim. ServiceNow's shares to Neutral from Buy. The analysts said that ServiceNow had a great run and trades at a relatively rich valuation of about 15x Enterprise Value. The company's shares have risen 110% since October 2022.

Weekly Report: what happened at IGV last week (0408-0412)?

Tailwinds In Tech

William Blair: We are in a new demand cycle for tech hardware. Smartphones and PCs are still the largest end-markets, but their outlook is improving. AI presents a second avenue of growth for many of these Taiwanese companies, says Hiraman. The past year’s gains in Taiwan tech were primarily driven by increases in stock valuations.

IGV, LRND: Big ETF Outflows

Weekly Report: what happened at IGV last week (0401-0405)?

Snowflake: Some Challenges And More Solutions

Snowflake Inc.'s recent guidance for 22% revenue growth has disappointed investors. The company's new CEO, Sridar Ramaswamy, is seen as the right leader to address challenges and drive growth. Snowflake's AI initiative and other new products have the potential to significantly impact revenue and profit projections.

How Mega-Forces Will Reshape The Macro Regime And Investing

April 2024 Perspective

Home Market Outlook Today's Market April 2024 Perspective: Manning & Napier. The market is continuing to focus on the soft landing scenario in the equity market. Energy and Materials were the strongest performing sectors in March. The Information Technology sector has started to show signs of cracks.

Equity Outlook: Earnings Step Back Into The Market Spotlight

Too many companies with solid earnings growth haven’t been rewarded in narrow equity markets. Global equities advanced briskly in the first quarter. Earnings growth is poised to take center stage as a driver of stock returns for wider equity markets, says AllianceBernstein. The market's resilience reflects a potential turning point for equity investors.

What's Going On With Palantir & Oracle Shares After They Inked Partnership?

Palantir Technologies Inc. Inked a pact with Oracle Corporation to provide secure cloud and AI solutions to power businesses and governments worldwide. Palantir will move Foundry workloads to Oracle Cloud Infrastructure. The company will also make its AI platforms deployable across Oracle’s distributed cloud.

Should You Invest in the Invesco AI and Next Gen Software ETF (IGPT)?

Is SPDR S&P Software & Services ETF (XSW) a Strong ETF Right Now?

Sprinklr Makes Course Corrections As It Beats Expectations

Sprinklr, Inc. Has beaten revenue and earnings estimates in its FQ4 2024 financial results. The company provides its customer and employee experience management software to companies worldwide. Despite a soft fiscal 2025 outlook, the stock appears undervalued as management makes necessary course corrections. My medium-term outlook is Bullish on Sprinklr based on the company's improving fundamentals.

Weekly Report: what happened at IGV last week (0325-0329)?

IGV: Priced For Perfection At Technical Resistance (Rating Downgrade)

Cons Disc distribution & retail has the highest dispersion among S&P groups - MS

Consumer discretionary distribution & retail has the highest dispersion among S&P groups. Morgan Stanley analysts monitored the dispersion metrics of the S&p 500 and its sectors and subsectors. Dispersion measures the range of returns for a group, Morgan Stanley says. High dispersion present in auto and household, lower in utilities and energy.