Technology

CrowdStrike Raises Margin Targets. Here’s What Wall Street Thinks.

CrowdStrike Holdings raised its targets for subscription gross margins and operating margins, leaving Wall Street optimistic about the security software company. At a briefing at Fal.Con, CrowdStrike (ticker: CRWD) said it was raising its new target model of subscription gross margin to 82% to 85% of revenue, up 400 basis points from its previous target, and boosting its operating margin target to 28% to 32%, up 900 basis points. The company said the timeframe for meeting those targets was three to five years.

CrowdStrike Raises Margin Targets. Here’s What Wall Street Thinks. Read Post »

Texas Instruments (NASDAQ:TXN) Increases Quarterly Dividend From $1.24 Per Share To $1.30

Texas Instruments Incorporated (TI) (NASDAQ:TXN) today said it will raise its quarterly cash dividend 5%, from $1.24 per share to $1.30, or $5.20 annualized. The higher dividend will be payable November 14, 2023, to stockholders of record on October 31, 2023, contingent upon formal declaration by the board of directors at its regular meeting in October.

Texas Instruments (NASDAQ:TXN) Increases Quarterly Dividend From $1.24 Per Share To $1.30 Read Post »

Oracle (NYSE:ORCL) Repeats 2026 Outlook, Signs $1.5B AI Contract With a Cloud Provider

Oracle reaffirms its forecast of $65 billion in revenue by FY 2026 Projected 8% revenue growth for fiscal 2024 excluding Cerner, or 7% including Cerner Non-GAAP operating margin for FY 2024 expected to reach 43% Oracle CEO sees stock selloff as an opportunity to repurchase shares Demand for capacity in the company’s cloud computing business remains strong Oracle has multiple billion-dollar customers and offers AI training at lower prices than competitors There is a shortage of GPU chips for Oracle’s cloud computing expansion

Oracle (NYSE:ORCL) Repeats 2026 Outlook, Signs $1.5B AI Contract With a Cloud Provider Read Post »

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