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Top related persons:
Globant - 3 Dell - 2 Reddit - 2 Doximity - 2 Hakyung Kim - 2 Yun Li - 2 Jesse Pound - 2 Leonardo Olmos - 1
Top related locs:
Asia Airbnb ZS China Wall Silicon greenbacks Buenos Aires
Top related orgs:
Bloomberg - 3 UBS - 2 Accenture - 2 Nvidia - 2 Bank of America - 2 Microsoft - 2 Meta - 2 Apple - 2

Search resuls for: "Globant"


7 mentions found


☆ UBS says this little-known IT stock is primed to rally nearly 40%
  + stars: | 2024-05-28 | by ( Lisa Kailai Han | ) www.cnbc.com   time to read: +2 min
Globant's key business fundamentals should give it a leg up over its peers, according to UBS. However, this updated price forecast still implies that Globant could rally 38% from its Friday close. Shares of Globant have slipped 29% year to date, but UBS analyst Leonardo Olmos attributed this underperformance to external factors outside of the company's control. GLOB YTD mountain GLOB YTD chart "Tainted by peers' guides reduction, GLOB is now trading at 15% discount to history. "We estimate the Digital Studios represents 70% of GLOB's sales and it could be a proxy for the relevance of digital transformation to GLOB," Olmos wrote.
Persons: Leonardo Olmos, GLOB, Olmos, Globant, " Olmos Organizations: UBS, Accenture, Digital Studios
☆ Here are Tuesday's biggest analyst calls: Nvidia, Meta, Dell, Amazon, Apple, CrowdStrike, Netflix, Airbnb & more
  + stars: | 2024-05-28 | by ( Michael Bloom | ) www.cnbc.com   time to read: +7 min
UBS upgrades Globant to buy from neutral UBS said it sees "demand stabilization" for the IT and software development company. Wedbush upgrades Airbnb to outperform from neutral Wedbush said investors should buy the dip in shares of Airbnb. Morgan Stanley reiterates CrowdStrike as a top pick Morgan Stanley raised its price target on the stock to $422 per share from $372. Morgan Stanley reiterates Microsoft and Meta as overweight Morgan Stanley said in its analysis of large-cap institutional ownership that Microsoft is most under-owned and Meta the most over-owned. " Morgan Stanley reiterates Amazon as overweight Morgan Stanley said the e-commerce giant has a "widening" competitive advantage. "
Persons: Melius, Truist, Mizuho, Hannifin, it's, Futu, Steve Steinour, Zach Wasserman, Huntington, NCLH, Wells, Morgan Stanley, CrowdStrike, Dell, John Donovan, JMP, Guggenheim Organizations: Nvidia, Parker, Mizuho, Argus, UBS, JPMorgan, NASDAQ, 38ppt, " Bank of America, Bank of America, RBC, Netflix, &, Deutsche Bank, Deutsche, Citi, DuPont, Department of Justice, TAM, Guggenheim, Microsoft, Meta, Apple Locations: Asia, Airbnb, ZS, China
☆ Stocks making the biggest moves premarket: GameStop, Reddit, Take-Two Interactive Software and more
  + stars: | 2024-05-17 | by ( Sarah Min | ) www.cnbc.com   time to read: +3 min
Take-Two Interactive Software — Shares of the video game company were down more than 2% after an update about the timing of the new Grand Theft Auto game. Doximity also reported in line revenue guidance for the first quarter. Expected revenue of $585 million to $589 million was weaker than the $590.2 million consensus estimate. The information technology company expects earnings of 55 cents to 60 cents per share in the first quarter, weaker than the FactSet consensus estimate of 76 cents earnings per share. Revenue guidance of $3.1 billion to $3.150 billion was less than the anticipated $3.3 billion.
Persons: Reddit, Doximity, Globant, FactSet, Goldman Sachs, — CNBC's Brian Evans, Michelle Fox, Hakyung Kim, Yun Li, Jesse Pound, Pia Singh Organizations: GameStop, OpenAI, Bloomberg, Globant SA, FactSet, Citigroup, DXC Technology
☆ Stocks making the biggest moves midday: GameStop, Reddit, Advanced Micro Devices, Robinhood and more
  + stars: | 2024-05-17 | by ( Alex Harring | ) www.cnbc.com   time to read: +4 min
The sale comes after GameStop shares surged earlier this week in a brief revival of the meme-stock trade. Reddit — The social media stock popped 12% after Reddit announced a partnership with OpenAI. Take-Two Interactive — Shares of the video game publisher were up about 1% after its quarterly report showed stronger-than-expected bookings. Revenue guidance of $3.1 billion to $3.15 billion was also softer than the $3.3 billion expected by Wall Street. JD.com — The Chinese e-commerce stock advanced 2.2% on the heels of a Macquarie upgrade to outperform from neutral.
Persons: Reddit, OpenAI, Doximity, Globant, DXC, Tilray, Coinbase, JD.com, Macquarie, Jefferies, Yun Li, Jesse Pound, Samantha Subin, Hakyung Kim Organizations: GameStop, OpenAI, Reuters, Microsoft, Nvidia, Bloomberg Law, Globant SA, Technology, FactSet, Wall, Bank of America, Macquarie, DuPont de Nemours, Jefferies
☆ A tech company with 30,000 workers is bucking the trend of enforced RTO and letting its employees be completely flexible
  + stars: | 2024-04-15 | by ( Alexandra Bacon | ) www.businessinsider.com   time to read: +3 min
Globant, a software company with nearly 30,000 employees, is letting its workers stay fully remote. AdvertisementWhile many tech companies have enforced workers' return to the office, software company Globant is allowing its nearly 30,000 employees to remain fully remote. Related storiesOther companies haven't been so favorable on remote work and have enforced RTO mandates for at least part of the working week . AdvertisementWhile Dell told employees that if they went fully remote, they would not be considered for promotion. Those who enforce RTO mandates say that it boosts productivity and facilitates collaboration, improving the company's bottom line.
Persons: Bloomberg he's, —, Martin Migoya, Migoya, haven't, Dell, Dan Schawbel, millennials Organizations: Bloomberg, Service, Apple, Meta, Google, Katz Graduate School of Business
☆ Argentina is already dollarizing - these businesses have switched to greenbacks as the peso is worth a fraction of a penny
  + stars: | 2023-08-23 | by ( Filip De Mott | ) www.businessinsider.com   time to read: +3 min
And more businesses are accepting dollars as payment as the peso crashes. AdvertisementAdvertisementE-commerce giant MercadoLibre, consulting firm Accenture, software developer Globant, and fintech firm Ualá offer partial pay in greenbacks, according to reports. In addition to staff salaries, the private sector is increasingly accepting dollars as a form of payment as well. For example, US website firm GoDaddy stopped accepting Argentinian peso payments in June, changing to dollars. He also suggested Argentina would be better off pegging its currency to the Brazilian real instead of the greenback.
Persons: Javier Milei, fintech's, GoDaddy, ZonaProp, Robin Brooks Organizations: Service, Bloomberg, Accenture Locations: Wall, Silicon, greenbacks, Buenos Aires, Argentina
☆ These are Morgan Stanley's favorite Latin American stocks
  + stars: | 2023-03-03 | by ( Fred Imbert | ) www.cnbc.com   time to read: +3 min
Latin America stocks are off to a solid start this year, and Morgan Stanley sees some names in the region posting strong gains in the near term. Latin American stocks got a boost last year as commodity prices rose due to the global economic reopening and the Ukraine-Russia war breaking out. Brazilian bank Itau Unibanco made the list, with Morgan Stanley expecting a total return of 54% this year, including dividends. "We think Itaú's strategic foresight and operational capabilities represent a meaningful competitive advantage in the marketplace," Morgan Stanley said in the note. However, Morgan Stanley said Credicorp "remains a top-class banking franchise that could navigate the current challenging based on management's execution capabilities."
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