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Donald Trump - 2 Joe Biden - 2 Infinera - 2 — - 1 Jesse Pound - 1 Baird - 1 Brennan Crowley - 1 — CNBC's Michelle Fox - 1
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Trump Media & Technology - 2 Nokia - 2 JPMorgan - 2 Realty Trust - 2 Nike — Nike - 1 SAP - 1 BMO Capital Markets - 1 Nike - 1

Search resuls for: "Infinera"


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☆ Stocks making the biggest moves premarket: Nike, Trump Media & Technology, Infinera
  + stars: | 2024-06-28 | by ( Samantha Subin | ) www.cnbc.com   time to read: +1 min
Nike — Nike shares sank more than 14% after the athletic retailer posted disappointing revenue for the recent quarter and cut its guidance, saying it expects sales to drop 10% in the current period. Trump Media & Technology — Shares of Trump Media & Technology jumped more than 10% on the heels of the first presidential debate between former president Donald Trump and President Joe Biden. JPMorgan upgraded Digital Realty Trust to overweight, saying that shares look poised to benefit from AI and cloud growth. SAP — SAP rose about 1% before the bell. BMO Capital Markets upgraded shares to outperform and lifted its price target, citing "high visibility" into bookings and revenue.
Persons: Donald Trump, Joe Biden, Infinera, —, Jesse Pound Organizations: Nike — Nike, Trump Media & Technology, Nokia, JPMorgan, Realty Trust, SAP, BMO Capital Markets
☆ Stocks making the biggest moves midday: Trump Media, Kura Sushi, Nike and more
  + stars: | 2024-06-28 | by ( Lisa Kailai Han | ) www.cnbc.com   time to read: +2 min
Nike — The athletic apparel giant plummeted 19% after the firm posted fourth-quarter revenue of $12.61 billion, which came below the $12.84 billion forecast by analysts surveyed by LSEG. Trump Media & Technology — Shares of Trump Media & Technology Group declined about 2%, reversing an earlier gain on the heels of the first presidential debate between former President Donald Trump and President Joe Biden. Infinera — Shares of the networking solutions supplier rallied 18% after Nokia announced its plans to acquire the company for $2.3 billion. Kura Sushi USA — The sushi company plunged 25% after posting disappointing preliminary revenue figures for the third quarter. Digital Realty Trust — The real estate investment trust moved 2% higher following an upgrade at JPMorgan to overweight from neutral.
Persons: Donald Trump, Joe Biden, Infinera, Baird, Brennan Crowley, — CNBC's Michelle Fox, Alex Harring, Samantha Subin Organizations: Nike, LSEG, Trump Media & Technology, Trump Media & Technology Group, Nokia, SAP —, BMO Capital, Digital Realty Trust, JPMorgan, Realty Trust
☆ Exclusive: Semiconductor manufacturer Infinera explores sale -source
  + stars: | 2023-03-14 | by ( Milana Vinn | ) www.reuters.com   time to read: +1 min
March 14 (Reuters) - Infinera Corp (INFN.O), a U.S. manufacturer of semiconductors for the telecommunications industry that competes with China's Huawei, is exploring options that include a sale of the company, according to a person familiar with the matter. The San Jose, California-based company, which has a market value of $1.6 billion, is working with investment bank Centerview Partners on a sale process that will launch in a few weeks, the source said. There is no certainty that Infinera will reach any deal, added the source, who requested anonymity because the deliberations are confidential. Infinera and Centerview did not respond to requests for comment. Infinera makes optical semiconductors and networking equipment for fixed line and mobile telecommunications networks.
☆ As Deal Making Picks Up, Tech Chiefs Worry About Software Integration
  + stars: | 2023-01-27 | by ( Angus Loten | ) www.wsj.com   time to read: +6 min
That is a potentially costly process that can require overhauling existing enterprise tech stacks, or even hiring high-priced experts to manage new IT tools, analysts said. SHARE YOUR THOUGHTS How can tech executives smooth the integration of new digital tools when their vendors make acquisitions? Hewlett Packard Enterprise this month said it acquired Pachyderm and would integrate new software tools into its enterprise-tech platform. HPE this month said it acquired Pachyderm, a San Francisco-based software startup, and would integrate the new software tools into its enterprise-tech platform. “Our existing customer base will want to know they won’t be forced to replace an existing technology they already buy,” Mr. Hotard said.
☆ Tech Chiefs Fear ‘Frankenstein’ Software Integrations
  + stars: | 2023-01-25 | by ( Angus Loten | ) www.wsj.com   time to read: +6 min
Microsoft Corp. this month said it plans to incorporate AI into all of its enterprise software, while boosting its multibillion-dollar investment in OpenAI, the startup behind chatbot ChatGPT. That is a potentially costly process that can require overhauling existing enterprise tech stacks, or even hiring high-priced experts to manage new IT tools, analysts said. Hewlett Packard Enterprise this month said it acquired Pachyderm and would integrate new software tools into its enterprise-tech platform. HPE this month said it acquired Pachyderm, a San Francisco-based software startup, and would integrate the new software tools into its enterprise-tech platform. “Our existing customer base will want to know they won’t be forced to replace an existing technology they already buy,” Mr. Hotard said.
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