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

Search resuls for: "ServiceNow"


25 mentions found


Wall Street expects these "tenbagger" stocks that enjoyed a meteoric rise over the past decade to continue their big gains. The term was first coined by legendary investor Peter Lynch, an avid baseball fan who compared a stock's growth prospects to two home runs and a double in the sport. With that in mind, CNBC Pro searched for tenbagger stocks from the past decade that analysts believe will continue to make outsized gains. What's more, they have a 2022 estimated earnings per share growth rate of more than 20%, and an estimated annual long-term EPS growth rate of more than 20%. Its 2022 earnings per share growth estimate is 66%, while its annual long-term share growth is forecasted to be 26%.
Here are the people leading the e-commerce company through its next phase. Leinwand was previously senior vice president of engineering at Slack, and before that he was CTO at ServiceNow. Tia Silas, chief human resources officerTia Silas, Shopify's chief talent officer. John Asante, chief information-security officerJohn Asante, Shopify's chief information-security officer. Bobby Morrison, chief revenue officerMorrison joined Shopify as chief revenue officer — a new role for Shopify, reporting to the COO — in August.
Cloud computing company ServiceNow could be the next tech stalwart, according to MoffettNathanson. Analyst Sterling Auty upgraded shares of ServiceNow to outperform from market perform, saying the stock could soar 50%, after a better-than-expected earnings report bolstered his outlook on the company. "ServiceNow's September results are a welcome change after the disappointing results from Microsoft (MSFT, MP, Auty) and we expect them to help drive broader software higher," Auty wrote in a Thursday note titled "Megacap Investors Have New Home." The analyst expects the positive outlook for the rest of this year and next will help ServiceNow outperform, and gain share against other mega-cap tech companies. "Over the last 5-7 years we have watched investors rotate focus among a small group of megacap ($50B+ market cap) software stocks (Microsoft, Salesforce.com [CRM, Not Rated], Adobe [ADBE, MP, Auty] Intuit [INTU, OP, Ader], and ServiceNow)," Auty wrote.
Here are Thursday's biggest calls on Wall Street: Barclays reiterates Apple as equal weight Barclays said it sees "upside to consensus" heading into Apple earnings on Thursday. Morgan Stanley downgrades Meta to equal weight from overweight Morgan Stanley said in its downgrade of Meta after its earnings report on Wednesday that it sees "execution uncertainty and lower free cash flow." Goldman Sachs reiterates Boeing as buy Goldman said it sees "a lot upside" in shares of Boeing. Morgan Stanley reiterates Tesla as overweight Morgan Stanley said in a note to clients on Thursday that it think internal combustible engines will be around longer than investors think. Bank of America reiterates Ford as buy Bank of America said it likes the automaker's execution after its third-quarter earnings report on Wednesday. "
In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailServiceNow CEO: The economic environment is tough, but we are built for all-weather conditionsServiceNow CEO Bill McDermott joins 'Squawk on the Street' to break down the company's third-quarter earnings report, which beat Wall Street's estimates on Wednesday.
IBM is among the oldest and largest computer companies in the world and has more than 350,000 employees. These offers must be equal to what US employees earn making them a great guide to employee salaries at the company. When Insider analyzed IBM salary data in 2021, the highest offer was to an engineering program director, earning $335,000. A technical team lead, for instance, earned $57,500 in Monroe, LA, and as much as $114,500 in Parsippany, NJ. Insider has also compiled a database of salaries across other big tech companies like Google, Apple, Tesla, Amazon, and more.
Organizations: & & $, & $, & $
Three Stock Lunch CAT, MCD and NOW
  + stars: | 2022-10-27 | by ( ) www.cnbc.com   time to read: 1 min
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailThree Stock Lunch CAT, MCD and NOWLee Munson, president and CIO of Portfolio Wealth Advisors, joins 'Power Lunch' to share his picks for the three stock lunch: Caterpillar, McDonalds and ServiceNow, three names moving higher after topping Q3 estimates,
McDonald's — The fast-food giant's shares got a 2.8% lift after the company beat earnings expectations for its most recent quarter. Align Technology — The Invisalign maker saw its shares tumble 18% after it posted disappointing earnings for the most recent quarter. Credit Suisse — Shares of the Swiss bank plummeted 19.5% after Credit Suisse posted a greater-than-expected loss for the third quarter. ServiceNow — The stock jumped 13% after ServiceNow surpassed earnings expectations in its most recent quarter. Comcast — The media giant's stock rose 4.8% after topping analysts' earnings expectations for the third quarter.
ServiceNow upgraded after earnings
  + stars: | 2022-10-27 | by ( ) 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 EmailServiceNow upgraded after earningsThe "Halftime Report" traders debate the biggest analyst calls of the day.
Watch CNBC's full interview with ServiceNow CEO Bill McDermott
  + stars: | 2022-10-27 | by ( ) www.cnbc.com   time to read: 1 min
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailWatch CNBC's full interview with ServiceNow CEO Bill McDermottServiceNow CEO Bill McDermott joins 'Squawk on the Street' to break down the company's third-quarter earnings report, which beat Wall Street's estimates on Wednesday. McDermott discusses how the company is prepared to weather potential economic turbulence and more. "The innovation cycle for digital transformation has just begun," McDermott tells CNBC. "Yes, the environment is tough, and we are built for all weather conditions."
Meta — The social media stock dropped 22.8% after Meta reported an earnings miss and a weaker-than-expected fourth-quarter forecast. Meta reported earnings of $1.64 per share on revenue of $27.71 billion. Caterpillar — Shares popped 5.1% after Caterpillar reported earnings that beat on the top and bottom lines. Caterpillar was expected to earn $3.16 per share on revenue of $14.33 billion, according to consensus estimates from Refinitiv. The defense company reported revenue of $8.97 billion, compared to forecasts of 9.13 billion, according to consensus estimates compiled by Refinitiv.
Horrifying free cash flow of less than $1 billion at the Club holding. Raised full-year adjusted free cash flow goal to $9.5 billion to $10 billion, a $3.44 billion increase. As a subscriber to the CNBC Investing Club with Jim Cramer, you will receive a trade alert before Jim makes a trade. Jim waits 45 minutes after sending a trade alert before buying or selling a stock in his charitable trust's portfolio. If Jim has talked about a stock on CNBC TV, he waits 72 hours after issuing the trade alert before executing the trade.
Stock futures rose in overnight trading Wednesday as investors seemed to brush off disappointing results from Meta Platforms . Futures tied to the Nasdaq 100 traded 0.13% higher, while S&P 500 futures gained 0.21%. The Dow is on pace for its fourth positive week in a row since its five-week streak ended in November 2021. "Remember, the market is a forward-looking mechanism and the earnings reports tell us what happened in the past. Along with earnings, investors have their sights on an advanced reading of third-quarter gross domestic product expected to offer further clues into the state of the U.S. economy.
Check out the companies making headlines after the bell:Meta Platforms — The Facebook parent plunged more than 13% after missing earnings estimates for the third quarter. Meta beat revenue estimates, posting a better-than-expected decline year-over-year but shared disappointing guidance for the fourth quarter. ServiceNow — The software stock soared 12.4% postmarket as earnings per share came in 12 cents ahead of Wall Street expectations. Align Technology — The maker of Invisalign dental straighteners toppled 16.8% after missing earnings estimates for the recent quarter. O'Reilly Automotive — Shares gained more than 3% after hours following a beat on revenue and earnings for the third quarter.
The tech earnings season will hit its stride after the bell on Tuesday, with Alphabet and Microsoft reporting. There have been five straight weeks of inflows for tech funds, and eight for communications services funds, according to Bank of America. Most ETFs are market-cap weighted, meaning that the large tech names that are already present in most investors' portfolios have a big impact on the funds. One way to mitigate this is an equal-weighted ETF, like Invesco's S & P 500 Equal Weight Technology ETF (RYT). Some stocks typically thought of as "tech" names, such as Meta Platforms, are classified by some firms as communications services or consumer discretionary and are not always included in information technology ETFs.
Here are Monday's biggest calls on Wall Street: Jefferies downgrades Williams-Sonoma to underperform from hold Jefferies said it's concerned about a softer macro environment. Wells Fargo reiterates Disney as overweight Wells said it continues to like the stock heading into earnings in early November. " Bank of America downgrades Meta to neutral from buy Bank of America said it's concerned about an ad spending slump heading into earnings later this week. Mizuho reiterates Coinbase as neutral Mizuho said it's staying neutral on Coinbase as losses continue to "linger" on the company's platform. Bank of America reiterates Apple as neutral Bank of America said it sees a balanced risk-reward heading into Apple earnings later this week.
Investors will be clearing out their losers as year end approaches, and Evercore ISI says it's time to buy some of these stocks that are being tossed like "babies in the bathwater." "2022 is likely to be a year in which tax loss selling, both at the 10/31 mutual fund year-end and into the 12/31 calendar year end, dominates flows," Evercore ISI strategists write. "As is often the case when hope is all but abandoned, particularly as so many stocks have declined so much from their Pandemic peaks, opportunity awaits." The criteria included stocks in the bottom 50 percentile of the Russell 3000 that were down 24.4% year-to-date and 40.8% from pandemic highs. The companies also have positive earnings growth in the upper 50 percentile for 2022 and 2023, as well as positive 2023 earnings revisions.
Alibaba (BABA) – Alibaba tumbled 12.3% in premarket trading after the release of weaker-than-expected China GDP data. China Tech Stocks – China-based tech stocks are under pressure after President Xi secured a third leadership term, leading to speculation of a continued crackdown on the country's tech sector. ServiceNow (NOW) – ServiceNow added 2.5% in premarket trading after Guggenheim upgraded the stock to "buy" from "neutral." Medtronic added 1% in premarket trading. Williams-Sonoma fell 2.5% in premarket action.
One approach that could help is by looking at the names most beloved by analysts heading into earnings. The e-commerce giant is slated to report earnings Thursday. Alphabet, which is set to report earnings Tuesday, has struggled in 2022, losing 30% in that time. The company is slated to report earnings Thursday. ServiceNow and Alexandria Real Estate have the most buy rating from analysts covering them at 83.5% each.
Stocks rallied this week as earnings season ramped up and is so far off to a better-than-expected start. With 20% of the S & P 500 having reported financials so far, sales results have thus far been 1.4% above expectations while earnings results are 5.4% above expectations, in aggregate. That inverse correlation between bond yields and stocks was powerful enough to trump positive earnings reports. Looking back On the earnings front, we got results from Johnson & Johnson (JNJ), Procter & Gamble (PG), and Danaher (DHR). As a subscriber to the CNBC Investing Club with Jim Cramer, you will receive a trade alert before Jim makes a trade.
Of the roughly 20% of companies that have reported quarterly results so far, 72% have beat expectations, according to FactSet data. Technology giant Apple , which is slated to report earnings Oct. 27, is also on the list. JPMorgan recently reiterated its overweight rating on shares of Apple ahead of its earnings report next week. Mastercard is another large company that's included in the list, with a 94% earnings beat rate and average earnings day move of 2%. Teledyne has an earnings beat rate of 100%, according to the Bespoke data.
The 60/40 strategy, known as a balanced portfolio, has been hit by rising bond yields — which means falling fixed income prices, as well as a sinking stock market. "The future is brighter for the 60/40," said Omar Aguilar, CEO and chief investment officer of Schwab Asset Management. "The correlation will come back to the normal levels, or the historical levels that you normally have between equities and fixed income," Aguilar said. Schwab's Aguilar advises against chasing yields in fixed income, but instead maintaining a balanced approach between credit and duration. In fixed income, the firm currently has a bond duration of four years, down from its previous seven-year duration.
Deutsche Bank upgrades NFLX to buy with a price target of $350, up from $270, sees more levers to drive growth. Microsoft (MSFT) price target lowered to $282 from $300 at Citi — estimates still too high ... ServiceNow (NOW) — expect disappointment according Citi analyst's "cautious" conversations with partners … lowered price target to $488 from $575. 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.
What I am looking at Tuesday, Oct. 18, 2022 Club holding Johnson & Johnson (JNJ) reports an impressive quarter. Activist investor Starboard takes a major stake in Club holding Salesforce (CRM), sees significant opportunity. Club holding Microsoft (MSFT) cuts people, continues to invest, but calls for slowest quarterly revenue growth in more than five years. Barclays cuts price target on Charles Schwab (SCHW) to $73 per share from $81. Barclays cuts price target on Unity Software (U) to $33 per share from $49.
ClickUp has brought on new executives as it looks to grow and prepare for an eventual IPO. Productivity and collaboration startup ClickUp has brought on new executives from competitors like ServiceNow to help it grow and prepare for an eventual IPO. From ServiceNow comes two execs: Jim Bartolomea, now ClickUp's new senior VP of people, and Marshall Tyler, ClickUp's newly-minted chief strategy officer. ClickUp's new leadership bench will be focused on "creating a predictable, scalable, and efficient revenue engine," Tommy Wang, ClickUp's chief business officer, told Insider. Jim Bartolomea is ClickUp's new senior VP of People ClickUpThat's where Bartolomea, the new senior VP of people, comes in.
Total: 25