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Bank of America: Technology stocks are only one "terrible non-farm report" away from collapsing.
Since the historical high point on July 10th, the market cap of companies in the Nasdaq 100 index has evaporated $2.6 trillion. Analyst Michael Hartnett of Bank of America believes that signs of an economic slowdown will put further pressure on technology stocks, but remains optimistic on the bond market for the second half of the year.
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The Rise of Blockchain Market: $248.9 Billion Industry Dominated by Tech Giants - AWS, Oracle, IBM, Huawei, Accenture & TCS
Oracle Signs Deal to Use Italy's Rai Way Data Centres
New Azul Survey and Report on Oracle Java Usage, Pricing and Migration Finds 86% of Users Migrating Off Oracle Java, Citing Reasons Including Cost, Uncertainty and Audit Risk
Express News | Salam Taps Oracle to Optimize Business Operations and Innovate With New Service Offerings
Express News | Rai Way Spa - One Possible Development Directions of Collaboration Concerns Area of Cybersecurity and Disaster Recovery
Express News | Rai Way Spa - Oracle to Offer to Corporate Customers Possibility of Using Its Engineered Systems, Database Solutions, and Disaster Recovery Technologies
Express News | Rai Way Spa - Oracle and Rai Way Announce Intention to Collaborate to Support Italian Companies on Adoption of Artificial Intelligence
Bybit Surges to Second Place in Derivatives Market, Solidifying Position as Global Crypto Trading Leader
Soochow initiates 'buy' rating for Inspur Digi Ent. with a target price of 7.7 Hong Kong dollars.
Soochow Securities released a research report and first covered Inspur Digi Ent (00596) with a "buy" rating, expecting revenue of 10.1/12/14 billion yuan and net income of 0.39/0.53/0.75 billion yuan in 2024/2025/2026, with a target price of 7.7 Hong Kong dollars. The bank is bullish on the company's market space and business advantages as a leading state-owned background ERP vendor. Soochow Securities' main points are as follows: state-owned background ERP vendors have unique advantages in domestication to replace Inspur. Inspur Digi Ent is one of the leading domestic ERP vendors, serving industries such as construction, food, pharmaceuticals, and chemicals.
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Oracle (ORCL) Announces New User Experience Capabilities in HCM
Oracle Power Bolsters Board With Industry Expert