Cloudflare (NET) closed the latest trading day at $78.59, indicating a -0.34% change from the previous session's end. This move lagged the S&P 500's daily gain of 0.54%. At the same time, the Dow added 0.72%, and the tech-heavy Nasdaq gained 0.65%. The the stock of web security and content delivery company has fallen by 4.02% in the past month, lagging the Computer and Technology sector's gain of 3.3% and the S&P 500's gain of 4.86%. Market participants will be closely following the financial results of Clo ...

I 1 Sundry Photography Introduction & Investment Thesis I last wrote about Cloudflare (NYSE:NET) in May, where I upgraded my rating from a "hold" to a "buy." My thesis was predicated on my belief that the selloff had created an attractive investment opportunity as the company continued to execute well to gain market share among enterprise customers while expanding its sales capacity to go after larger deals with greater momentum. Since then, the stock has climbed close to 20%, outperforming the S&P 500 by m ...

VANCOUVER, BC, Aug. 29, 2024 /PRNewswire/ - Luca Mining Corp. ("Luca" or the "Company") (TSXV: LUCA) (OTCQX: LUCMF) (Frankfurt: Z68) is pleased to announce its financial results for the six months ended June 30, 2024. Highlights Record Net Quarterly Revenue for Q2 2024 of US$18.2 million, up 49% from Q2 2023. Total Net Revenue for the six months ended June 30, 2024, of US$34.5 million, an increase of 33% over the same 2023 period. Positive Net Earnings of US$4.7 million for Q2 2024, an increase of 217% over ...

Wall Street analysts are forecasting rapid sales growth for Shopify and Cloudflare. Stocks are often valued based on earnings or cash flow, but both metrics are ultimately limited by sales. For that reason, strong sales growth often goes hand-in-hand with share-price appreciation, and analysts anticipate strong sales growth from Shopify (SHOP -0.56%) and Cloudflare (NET -0.47%) in the coming years. Shopify reported $7.7 billion in revenue during the last 12 months. Wall Street expects sales to increase 94% ...

This cybersecurity company is scratching the surface of a huge opportunity and is growing at an impressive pace. The cybersecurity industry has enjoyed secular growth over the past few years as companies and governments have been shoring up their defenses to ward off bad actors and prevent breaches. This explains why global cybersecurity spending has jumped from $34 billion in 2017 to $79 billion last year. Annual cybersecurity spending is expected to jump once again in 2024, reaching $87 billion. More impo ...

Sakorn Sukkasemsakorn Risky assets are not a good investment to prepare for the recession but these periods may allow a good entry point in the mentioned asset class. If the US economy will avoid the recession, we have to exploit declining rates, which have historically been positive for the stock market and small-cap companies are amongst the best performers in these conditions. I tend to avoid investing and valuing companies like Net Power(NYSE:NPWR), but I personally appreciate the business opportunities ...

Trading Symbol: TSX: SVM NYSE AMERICAN: SVM VANCOUVER, BC, Aug. 13, 2024 /PRNewswire/ - Silvercorp Metals Inc. ("Silvercorp" or the "Company") (TSX: SVM) (NYSE American: SVM) reported its financial and operating results for the three months ended June 30, 2024 ("Q1 Fiscal 2025"). All amounts are expressed in US dollars, and figures may not add due to rounding. HIGHLIGHTS FOR Q1 FISCAL 2025 Mined 343,847 tonnes of ore, milled 307,696 tonnes of ore, and produced approximately 1,146 ounces of gold, 1.7 million ...

Cloudflare Today | --- | --- | |----------------------|-------| | | | | | | | NET | | | Cloudflare | | | $78.12 | | | +0.42 (+0.54%) | | | 52-Week Range $53.88 | | | ▼ | | | $116.00 | | | Price Target $92.29 | | | Add to Watchlist | | Content delivery network (CDN) service provider Cloudflare, Inc. NYSE: NET reported a solid Q2 2024 earnings report, resulting in a 6% gain the following day. This is impressive, considering the Nasdaq composite index fell nearly 418 points that day. Cloudflare is a one-stop s ...

FOX REPORTS FULL YEAR FISCAL 2024 REVENUES OF $13.98 BILLION, NET INCOME OF $1.55 BILLION, AND ADJUSTED EBITDA OF $2.88 BILLION NEW YORK, Aug. 6, 2024 /PRNewswire/ -- Fox Corporation (Nasdaq: FOXA, FOX; "FOX" or the "Company") today reported financial results for the three and twelve months ended June 30, 2024. Commenting on the results, Executive Chair and Chief Executive Officer Lachlan Murdoch said: "Fiscal 2024 was another successful year for FOX with very clear achievements across our portfolio, includ ...

IT leader Cloudflare Inc (NYSE:NET) is moving 3.2% higher to trade at $76.74 this morning, after the company posted better-than-expected second-quarter results and raised its full-year outlook. The equity now expects earnings between 70 and 71 cents per share, with a 2024 profit of 61 cents per share. On the charts, while the shares have struggled over the past few months, they remain 18% higher year over year, with support below at the 320-day moving average. Today, Cloudflare stock is on track for its bes ...