Top related persons:
Top related locs:
Top related orgs:

Search resuls for: "Informatica"


25 mentions found


Here's a rapid-fire update on all 33 stocks in Jim Cramer's Charitable Trust, the portfolio we use for the CNBC Investing Club. Broadcom : Broadcom's AI business, which includes co-designing custom chips for tech giants such as Club holding Alphabet, is booming. The newspaper reported April 12 that Salesforce was in talks to buy Informatica, which sent the Club holding's shares plunging. Wells Fargo : Another trim is due for our Wells Fargo position after a great run for the bank stock, Jim argued. As a subscriber to the CNBC Investing Club with Jim Cramer, you will receive a trade alert before Jim makes a trade.
Persons: Jim Cramer's, Jim, Johnson, Abbott, Andy Jassy, Bausch, Salesforce, Salesforce didn't, Tom Jorden, We've, It's, Walt Disney, Nelson Peltz's, Bob Iger's, Estee Lauder, there's, Eaton, We're, he's, Locker, he'd, Vimal Kapur, Linde, Eli Lilly, Eli Lilly's, TikTok, Joe Biden, Morgan Stanley, Morgan Stanley's, Ted Pick, Jensen Huang, Nikesh Arora, haven't, Laxman Narasimhan, Sands, Stanley Black, Decker, TJ Maxx, TJX, Wells, Jim Cramer, Angela Weiss Organizations: Jim Cramer's Charitable Trust, CNBC, Club, Apple, Abbott Laboratories, Johnson, Web Services, Broadcom, VMWare, GE Healthcare, GE, Bausch Health, Costco Wholesale, Costco, Street, Informatica, Coterra, DuPont De Nemours, DuPont, Walt, Disney, Ford, GM, Philips, Siemens, Google, Honeywell, Linde, Facebook, Meta, Microsoft, Nvidia, Investors, AMD, Oregon State University, Palo Alto Networks, UnitedHealth, Procter & Gamble, Constellation Brands, Constellation, Modelo, TJX, Marshalls, Home Goods, Wynn Resorts, Jim Cramer's Charitable, New York Stock Exchange, Afp, Getty Locations: China, Informatica, Ford, Estee, U.S, mater, Palo, Corona, Wells Fargo, Wells, Macao, New York City
META YTD mountain Meta Platforms YTD Meta has the biggest tailwind on Earth being dangled in front of it — the newly signed law that says Chinese company ByteDance must sell TikTok or face a U.S. ban on the short-form video platform. AMZN YTD mountain Amazon YTD Amazon is also in the loved category but reports this coming Tuesday. NVDA YTD mountain Nvidia YTD I have no idea how Nvidia got to be a fence-sitter. AVGO YTD mountain Broadcom YTD Broadcom is iffy. CRM YTD mountain Salesforce YTD Salesforce has become mighty complicated.
Persons: I'm, Mark Zuckerberg, Meta, Andy Jassy, It's, Claude AI, Jensen Huang, Nvidia's, hasn't, it's, Hock Tan, Salesforce, Marc Benioff, what's, that's, Jim Cramer's, Jim Cramer, Jim, Carlos Barria Organizations: Microsoft, Meta, he's, Google, Amazon, Services, Nvidia, Broadcom, Blackwell, VMWare, calvary, PayPal, Informatica, Apple, CNBC, Facebook Locations: U.S, Oregon, Informatica, China, Menlo Park , California
Enterprise data management company Informatica is not currently in talks to be acquired, the company said Monday, after earlier reports suggested that Salesforce was interested in a roughly $10 billion deal. Informatica shares slumped more than 7% on the news, while Salesforce shares rose around 1%. The acquisition would have been Salesforce's largest since the 2021 deal to purchase Slack. Salesforce's investors also reacted negatively to the idea of the deal, sending shares down more than 7% when news of the potential purchase first broke. Salesforce CEO Marc Benioff's voracious appetite for mergers and acquisitions was one of the factors that drew a flurry of activists in 2023 seeking to rein in the company's spending.
Persons: Salesforce, Slack, Amit Walia, Marc Benioff's Organizations: Informatica, Street
Tesla , Li Auto — Tesla shares declined nearly 4%, hitting a 52-week low, following announcements of price cuts. Verizon reported $33 billion in revenue, slightly under the $33.32 billion figure penciled in by analysts, per FactSet. Informatica — The enterprise data management company tumbled nearly 9% after acquisition talks with Salesforce broke down. Salesforce shares inched higher by less than 1%. Riot Platforms — The bitcoin miner rallied 14% following the " halving" event , in which bitcoin mining rewards were cut in half.
Persons: Li Auto, Li, CNBC's David Faber, Salesforce, Crypto, Coinbase, MicroStrategy, UnitedHealth's OptumRx, Cardinal Health's, Zions, , Jesse Pound, Samantha Subin, Michelle Fox, Alexander Harring Organizations: Tesla, Reuters, Li Auto, Verizon Communications, Verizon, Paramount Global, Sony, Informatica, JPMorgan, Health Locations: China
Jefferies hosted a conference to bring together late-stage tech founders, investors and bankers. NEW LOOK Sign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. AdvertisementAs bankers and venture capitalists nibbled on caviar sushi and sipped champagne and sake this week at Nobu Malibu, there was a gleeful mood at the beachside closing dinner of the Jefferies Private Internet Conference. After a Covid pause, Jefferies resumed this conference in 2022 to bring together late-stage tech founders, investors, and bankers. Related story"Beyond typical deal considerations, AI has emerged as the single biggest new influence today in tech M&A," according to Greenberg.
Persons: Jefferies, , Cameron Jefferies, Jason Greenberg, Greenberg, Goldman Sachs, David Solomon, Reddit, Marc Andreessen, Rich Handler, Andreessen Horowitz, Neerav, Goldman, JP Morgan Chase, we've, Lester Organizations: Service, Jefferies Private Internet Conference, Technology, Media, Telecom Investment Banking, Jefferies, Global Technology, Informatica, Epic, Venture, Jefferies Private Locations: Neerav Kingsland
Every weekday the CNBC Investing Club with Jim Cramer holds a "Morning Meeting" livestream at 10:20 a.m. Following back-to-back declines of more than 1%, the S & P 500 moved further into oversold territory, according to the S & P 500 Short Range Oscillator, an indicator we follow closely in volatile markets . In a dispatch from vacation Tuesday, Jim Cramer sent us his market thoughts to pass along to members: "Throughout this year we have been scaling out positions into strength. As a subscriber to the CNBC Investing Club with Jim Cramer, you will receive a trade alert before Jim makes a trade. THE ABOVE INVESTING CLUB INFORMATION IS SUBJECT TO OUR TERMS AND CONDITIONS AND PRIVACY POLICY , TOGETHER WITH OUR DISCLAIMER .
Persons: Jim Cramer, Morgan Stanley, Jim Cramer's, Jim Organizations: CNBC, Club, Dow, UnitedHealth Locations: Informatica
People pass by the Salesforce Tower and Salesforce.com offices in New York City on March 7, 2019. Salesforce stock fell 5% Monday after reports over the weekend that the cloud software company is in advanced talks to buy data-management firm Informatica. The price being weighed is below Informatica's closing stock price on Friday of $38.48, according to The Wall Street Journal, which first reported the talks on Friday. It would also be its largest deal since purchasing workplace chat developer Slack for nearly $28 billion in 2021, Salesforce's largest acquisition to date. Before paying for Slack, Salesforce bought data visualization company Tableau for $15.3 billion in 2019, and MuleSoft for $6.5 billion in 2018.
Persons: Slack, Salesforce Organizations: Informatica, Wall Street, Reuters Locations: New York City, Redwood City , California
Goldman Sachs — Goldman Sachs shares jumped 3.3% in premarket trading after the company beat Wall Street's first-quarter earnings expectations . Goldman posted earnings of $11.58 per share on revenue of $14.21 billion for the period, fueled by its trading and investment banking businesses. Analysts surveyed by LSEG had called for earnings of $8.56 per share on revenue of $12.92 billion, meanwhile. Analyst Erik Woodring thinks the market is "mis-pricing" Logitech's outlook and forecasts only 3% annual revenue growth through fiscal year 2027. Masimo — The health tech stock rose more than 2% following an upgrade to buy from hold at Stifel.
Persons: Goldman Sachs — Goldman Sachs, Wall, Goldman, LSEG, Morgan Stanley, Erik Woodring, Masimo, Rick Wise, there's, Lockheed Martin, Tal Liani, Canaccord Genuity, Coty, Charles Schwab —, Schwab, Elon Musk, — CNBC's Brian Evans, Michelle Fox, Sarah Min, Pia Singh Organizations: Logitech —, Stifel, Wall Street Journal, Reuters, Informatica, Medical Properties, Citi, Lockheed, JPMorgan, Cisco Systems —, Bank of America, Splunk, Coty —, Revenue, Resideo Technologies Locations: Utah, South Korea
Goldman posted earnings of $11.58 per share on revenue of $14.21 billion for the period, while analysts surveyed by LSEG had called for earnings of $8.56 per share on revenue of $12.92 billion. Analyst Erik Woodring forecast only 3% annual revenue growth through fiscal 2027, which is below consensus. Morgan Stanley initiated coverage of the social media platform at equal weight, saying shares are already trading at fair value. Deutsche Bank called Reddit a buy, while Raymond James said the social media stock is a strong buy. Trump Media & Technology Group — Shares of Trump Media plunged more than 15% after the company filed to issue up to 21.5 million shares.
Persons: Elon Musk, Tesla, Goldman Sachs, Wall, Goldman, LSEG, Morgan Stanley, Erik Woodring, Salesforce, Raymond James, Coupang, Resideo, Charles Schwab —, Schwab, Yun Li, Lisa Kailai Han, Sarah Min, Michelle Fox Organizations: Logitech —, Dow, Street Journal, Informatica, Reddit, Wall, JPMorgan, Deutsche Bank, Medical Properties, Trump Media & Technology, Trump Media, Citi, Resideo Technologies Locations: Stifel, Utah, South Korea
Every weekday the CNBC Investing Club with Jim Cramer holds a "Morning Meeting" livestream at 10:20 a.m. Salesforce shares fell more than 5% Monday after The Wall Street Journal reported that the longtime tech holding is in advanced talks to buy cloud data management company Informatica . As a subscriber to the CNBC Investing Club with Jim Cramer, you will receive a trade alert before Jim makes a trade. THE ABOVE INVESTING CLUB INFORMATION IS SUBJECT TO OUR TERMS AND CONDITIONS AND PRIVACY POLICY , TOGETHER WITH OUR DISCLAIMER . NO FIDUCIARY OBLIGATION OR DUTY EXISTS, OR IS CREATED, BY VIRTUE OF YOUR RECEIPT OF ANY INFORMATION PROVIDED IN CONNECTION WITH THE INVESTING CLUB.
Persons: Jim Cramer, Jensen, Salesforce, Jim Cramer's, Jim Organizations: CNBC, Citigroup, Nvidia, Micron, Street Journal, Informatica, The Locations: Taipei, Informatica
"We are initiating coverage of SoFi Technologies (SOFI) with a BUY rating and a $10 price target." "Weighing Robinhood's Compelling New Product Roadmap Against a Now More Demanding Stock Price / Valuation." "As a result of higher revenue and Adjusted EBITDA estimates, we are raising our price target to $230 from $160 previously, and maintaining our MP rating." Wells Fargo reiterates Alphabet as equal weight Wells lowered its price target on Alphabet to $141 per share from $144. Guggenheim reiterates Disney as buy Guggenheim raised its price target on the stock to $140 per share from $125. "
Persons: Needham, SoFi, Baird, INFA, Piper Sandler, Piper, KBW, DA Davidson, ZETA, Goldman Sachs, Goldman, it's, Carlisle, Raymond James, Jones Lang LaSalle, Eaton Deutsche, Wells, it's bullish, Tyson, Guggenheim, Tesla, Riley, Gordon Haskett Organizations: SoFi Technologies, Ecolab Inc, Citi, Zeta Global, DA, Carlisle Companies, Deutsche Bank, Eaton, Fluence, Meta, PepsiCo, Argus, JPMorgan, UW, Tyson Foods Citi, UPS, Barclays, Amazon, Disney, Guggenheim, Deutsche, Holdings, Booking Holdings, Inc, Costco, Northland, WT Locations: Northland
Here are Friday's biggest calls on Wall Street: Bank of America reiterates Meta as buy Bank of America said it's bullish on Meta adding the Broadcom CEO to its board of directors. Bank of America reiterates Nvidia as buy Bank of America said it's standing by the stock heading into earnings next week but that a pullback is possible. Baird upgrades UPS to outperform from neutral Baird said in its upgrade of UPS that the risk/reward is too attractive to ignore. Bank of America downgrades Dropbox to underperform from buy Bank of America said the "bull thesis has played out" for the data storage company. Bank of America upgrades Cellebrite to buy from neutral Bank of America said it sees business trends stabilizing for the digital intelligence company.
Persons: it's, Hock Tan, NVDA, Goldman Sachs, Goldman, TD Cowen, Grosvenor, KBW, TTD, Baird, Wells, Tommy Hilfiger, Tommy, Raymond James downgrades Carvana, Raymond James, Wayfair, Oppenheimer, Morgan Stanley, Tesla, Guggenheim, SunPower, Jefferies, Eli Lilly, Roku Organizations: Bank of America, Meta, Broadcom, " Bank of America, Nvidia, Informatica, BMO, Trade, Google, U.S, UPS, JPMorgan, Daiwa, CY2025, UBS, Newell Brands, RBC, Nike, of America, Barclays, Netflix, JPMorgan downgrades Bloom Energy, BE, Pharma Locations: CY24, CY2024, Wayfair, U.S
Applovin reported 49 cents in earnings per share on $953 million of revenue. Analysts surveyed by LSEG were expecting 35 cents in earnings per share on $928 million of revenue. In the fourth quarter, Tripadvisor reported adjusted earnings of 38 cents per share on revenue of $390 million. Analysts surveyed by LSEG anticipated earnings of 22 cents a share and revenue of $374 million. NerdWallet reported a loss of 3 cents per share, while analysts were expecting 10 cents of positive earnings per share, according to LSEG.
Persons: Applovin, LSEG, Twilio, Albemarle, Tripadvisor, NerdWallet, Fastly Organizations: Cisco, Informatica — Locations: China, Informatica
Another big boost to your workplace happiness may be how well you get along with your colleagues. Having great co-workers was a common theme among the top three companies with the happiest employees, according to the latest ranking from Comparably, an employee reviews site. 3 Uber, one employee writes that "what make me happiest at work is the people." Notably missing from the company list are many tech giants including Google, Meta and Microsoft, which continued their descent from previous years and fell off the top 100 happiest companies list in 2023. Smaller organizations that top Comparably's happiest companies, meanwhile, are "able to get and act on feedback very quickly and be more adaptable to what their employees are saying," Herring adds.
Persons: Chad Herring, Herring, that's, Warren Buffett Organizations: Employees, Boston Consulting, Google, Meta, Microsoft Locations: California
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailWe're seeing the 'early tailwinds' of data in AI, says Informatica CEOAmit Walia, CEO of Informatica, discusses the role of "good data" in artificial intelligence.
Persons: Amit Walia Organizations: Informatica
Cohesity just hired a new CFO and is talking about getting ready for its IPO. Data startup Cohesity is gearing up to go public as soon as its bankers give the nod, CEO Sanjay Poonen told Insider. But when it last announced it had filed confidential IPO paperwork on December 21, 2021, its timing couldn't have been worse. Before the startup could debut, the tech IPO window was slammed shut by rising inflation and interest rates, and fears of a full-blown recession. The last splashy IPO was HashiCorp on December 9, 2021, so the window has now been closed for 20 months and counting.
Persons: Cohesity, Sanjay Poonen, IPOs, He's, it's, Poonen, Eric Brown, Srinivasan Murari, he's Organizations: Microsoft, Web Services, ARM, Electronic Arts, McAfee, Google, VMware, IBM, Cisco, Hewlett Packard Enterprise, IDC, Bloomberg Locations: Informatica
The data startup Cohesity is gearing up to go public as soon as its bankers give the nod, CEO Sanjay Poonen told Insider. But when it last announced it had filed confidential IPO paperwork, on December 21, 2021, its timing couldn't have been worse. Before the startup could debut, the tech IPO window was slammed shut by rising inflation and interest rates, as well as fears of a full-blown recession. "I can't predict the market, but, you know, if that happens, I'd say we'd be as ready as we were in 2021," Poonen said. And as the market opens up, we'll pick the right time, whether it's fall, whether it's next year," Poonen added.
Persons: Cohesity, Sanjay Poonen, IPOs, Poonen, He's, it's, Eric Brown, Srinivasan Murari, he's Organizations: Microsoft, Web Services, Electronic Arts, McAfee, Google, VMware, IBM, Cisco, Hewlett Packard Enterprise, IDC, Bloomberg Locations: Informatica
Cramer's Lightning Round: KeyCorp is a buy
  + stars: | 2023-07-20 | by ( Julie Coleman | ) www.cnbc.com   time to read: +2 min
Stock Chart Icon Stock chart icon Illumina's year-to-date stock portfolio. Stock Chart Icon Stock chart icon Compass Pathways' year-to-date stock performance. Stock Chart Icon Stock chart icon KeyCorp's year-to-date stock performance. Stock Chart Icon Stock chart icon Eaton's year-to-date stock performance. Stock Chart Icon Stock chart icon ASML Holding's year-to-date stock performance.
Persons: Eaton, you've, ASML Organizations: Verve Therapeutics, ASML, Taiwan Semi Locations: Informatica, Taiwan
Lightning Round: It's time to buy KeyCorp, says Jim Cramer
  + stars: | 2023-07-20 | by ( Jim Cramer | ) www.cnbc.com   time to read: 1 min
In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailLightning Round: It's time to buy KeyCorp, says Jim Cramer'Mad Money' host Jim Cramer weighs in on stocks including: Illumina, Compass Pathways, KeyCorp, Eaton, Verve Theraputics, Informatica and ASML.
Persons: Jim Cramer, Eaton Organizations: Verve Locations: Informatica, ASML
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailA.I. 'tremendously overhyped' in the short term, but understated long term, says Informatica CEOAmit Walia, CEO of Informatica, reviews artificial intelligence and the regulations needed to manage it.
Persons: Amit Walia Organizations: Informatica
It's not always the best technology that wins, says software CEO
  + stars: | 2023-05-19 | by ( ) www.cnbc.com   time to read: +1 min
Ahmed Walia, CEO of software company Informatica, said that learning to focus on customers and who customers are, was a "hard lesson to learn." "I learned the hard way, over many experiences, that ultimately what matters is how you help your customers," Walia told CNBC's Make It. He added that obsession with the customer could even triumph over the best technology. But what might be the biggest part of this lesson is who Walia considers a "customer." It's this mindset that Walia said helped him realize that "it's not always the best technology that wins."
Comparably published its latest iteration of the top companies to work for in the Bay Area. The ranking also included those who work remotely but noted their office is in the San Francisco Bay Area. That includes the annual ranking for the best companies to work for in the San Francisco Bay Area. Therefore, Comparably also used the ratings of those who work remotely at least part of the time, but who noted a Bay Area office. Below are the top 25 companies in the Bay Area.
With a stock price down 45% in the last year, though, it may soon find itself on the other side of the table. But it has $732 million in cash on hand, with zero debt, and analysts are projecting 16% revenue growth. This year, though, Varonis has come back to earth — its stock price has sunk over 57% in the last 12 months. However, with strong projected 2023 revenue growth of 18.6%, Zuora remains a strong target for PE firms. Its stock price has been hammered, going down about 40% this year and making it the subject of mergers-and-acquisitions chatter.
With a stock price down 45% in the last year, though, it may soon find itself on the other side of the table. But it has $732 million in cash on hand, with zero debt, and analysts are projecting 16% revenue growth. This year, though, Varonis has come back to earth — its stock price has sunk over 57% in the last 12 months. However, with strong projected 2023 revenue growth of 18.6%, Zuora remains a strong target for PE firms. Its stock price has been hammered, going down about 40% this year and making it the subject of mergers-and-acquisitions chatter.
The business Wadhwani oversees is roughly three times the size as Chakravarthy's in terms of revenue. For Wadhwani, Figma represents a risky bet on growth at a time when Wall Street is telling tech companies to tighten their belts and preserve cash. The make-or-break betIn his 15-year tenure as CEO, Narayen hasn't been shy about dealmaking, just at a smaller size. And it might be Wadhwani's make-or-break opportunity to prove he should be CEO of the fourth-biggest U.S. business software company by market cap. Shantanu Narayen, CEO, Adobe Mark Neuling | CNBCThe revenue became more predictable and less closely associated with product releases.
Total: 25