Core Viewpoint - IBM reported strong earnings but faced a significant stock decline due to concerns over slowing growth in its software segment, particularly in cloud services [2][3][5] Financial Performance - IBM's adjusted earnings per share were $2.65, exceeding the consensus estimate of $2.45 [2][5] - Revenue reached $16.33 billion, surpassing the anticipated $16.09 billion [2][5] Stock Performance - IBM's stock experienced a 7% decline in after-hours trading following the earnings report [2][5] - The stock price fluctuated, with a recent increase of 1.94% to $287.51, having a low of $281.35 and a high of $289.13 on the same day [4] - Over the past year, IBM's stock ranged from a high of $301.04 to a low of $203.51, with a current market capitalization of approximately $267.8 billion [4] Analyst Ratings - UBS maintained a "Sell" rating for IBM and adjusted its price target to $210 from $200 [1][5]

IBM shares dropped nearly 7% in premarket trading on Thursday after a decline in growth in its core cloud software segment spooked investors over Big Blue's ability to seize the booming demand for clo... ...

Cloud software provider Salesforce said on Monday it would invest $15 billion in San Francisco over the next five years to support artificial intelligence innovation and workforce development in the city. ...

Salesforce said on Wednesday it would spend $1 billion in Mexico over the next five years, as the cloud software provider looks to expand its operations and drive artificial intelligence adoption. ...

Core Insights - Intapp Inc (NASDAQ: INTA) experienced an 11.1% increase in stock price, reaching $41.02, following better-than-expected fiscal fourth-quarter results and an upward revision of its full-year revenue forecast, driven by growing cloud revenue [1] - The company announced a $150 million share repurchase program, indicating confidence in its financial position [1] Stock Performance - Prior to the recent rebound, Intapp's stock had been declining since mid-June, marking its ninth consecutive weekly loss, and is down 36.4% year to date from a record high of $77.74 on February 14 [2] - Analysts have mixed opinions on the stock, with UBS lowering its price target to $72 from $83, while Barclays raised its target to $47 from $44 [3] - The 12-month consensus price target stands at $61.43, which represents a significant premium over current stock levels [3] Options Activity - Intapp's stock has seen an increase in options trading, with daily options volume reaching eight times its usual amount, indicating heightened interest [3] - The August 45 call option has emerged as the most popular, with new positions being opened [3]

Core Viewpoint - Nutanix, Inc. will report its financial results for the fiscal fourth quarter and fiscal year 2025 on August 27, 2025, after U.S. markets close [1] Group 1: Financial Reporting - The financial results will cover the period ending July 31, 2025 [1] - A conference call and earnings webcast will be held on the same day at 4:30 p.m. EDT / 1:30 p.m. PDT to discuss the results [2] - Interested parties can register for the conference call to receive dial-in details and a unique PIN number [2] Group 2: Investor Relations - The conference call will be available for live streaming on the Nutanix Investor Relations website [2] - An archived replay of the webcast will be accessible shortly after the call on the same website [3] Group 3: Company Overview - Nutanix is a global leader in cloud software, providing a single platform for running applications and managing data [4] - The company aims to reduce complexity and simplify operations for organizations, allowing them to focus on business outcomes [4] - Nutanix is recognized for its role as a pioneer in hyperconverged infrastructure, trusted by companies worldwide for hybrid multicloud environments [4]

Core Viewpoint - Sprout Social (SPT) has been upgraded to a Zacks Rank 1 (Strong Buy), indicating a positive earnings outlook that could lead to increased buying pressure and stock price appreciation [1][3]. Earnings Estimates and Stock Price Movement - The Zacks rating system is based on changes in earnings estimates, which are strongly correlated with near-term stock price movements [4][6]. - Rising earnings estimates for Sprout Social suggest an improvement in the company's underlying business, which should encourage investors to push the stock price higher [5][8]. Zacks Rank System - The Zacks Rank system classifies stocks into five groups based on earnings estimates, with Zacks Rank 1 stocks historically generating an average annual return of +25% since 1988 [7][9]. - Only the top 5% of Zacks-covered stocks receive a "Strong Buy" rating, indicating superior earnings estimate revisions and potential for market-beating returns [10]. Recent Performance of Sprout Social - Analysts have raised their earnings estimates for Sprout Social, with the Zacks Consensus Estimate increasing by 13.8% over the past three months [8]. - The expected earnings per share for the fiscal year ending December 2025 is $0.73, reflecting no year-over-year change [8].

Core Insights - Blackbaud has appointed Bill Fort as senior vice president of North America sales, focusing on enhancing customer value for social impact organizations [1][3] - Fort brings 25 years of experience in software sales leadership, previously serving as area vice president of sales at Salesforce [3][4] - Blackbaud is dedicated to providing software solutions for the nonprofit and education sectors, with over $100 billion raised, granted, or managed annually through its platforms [5] Company Overview - Blackbaud is the leading software provider focused on social impact, serving nonprofits, educational institutions, and socially responsible companies [5] - The company operates in multiple countries, including the United States, Australia, Canada, Costa Rica, India, and the United Kingdom, supporting users in over 100 countries [5] - Blackbaud has received recognition from Newsweek, Quartz, and Forbes for its responsible business practices and employee satisfaction [5]

Core Viewpoint - Nutanix, Inc. will report its financial results for the third quarter of fiscal year 2025 on May 28, 2025, after U.S. markets close [1] Group 1: Financial Reporting - The financial results will cover the period ending April 30, 2025 [1] - A conference call and earnings webcast will be held on the same day at 4:30 p.m. EDT / 1:30 p.m. PDT to discuss the results [2] - Interested parties can register for the conference call to receive dial-in details and a unique PIN number [2] Group 2: Investor Relations - The conference call will be webcast live on the Nutanix Investor Relations website [2] - An archived replay of the webcast will be available shortly after the call on the same website [3] Group 3: Company Overview - Nutanix is a global leader in cloud software, providing a single platform for running applications and managing data [4] - The company aims to reduce complexity and simplify operations for organizations, allowing them to focus on business outcomes [4] - Nutanix is recognized for its role as a pioneer in hyperconverged infrastructure and is trusted by companies worldwide for hybrid multicloud environments [4]

Core Insights - Snowflake's shares increased by 13% in premarket trading following the release of better-than-expected financial results and a positive outlook driven by strong demand for AI products [2][4] - The company reported fiscal 2025 Q4 adjusted earnings per share (EPS) of $0.30, with revenue rising 27% year-over-year to $986.8 million, surpassing analyst expectations of $0.18 EPS and $957.6 million in revenue [2][3] Financial Performance - Product revenue reached $943.3 million, reflecting a 28% increase and exceeding estimates [3] - For the current quarter, Snowflake projects product revenue between $955 million and $960 million, indicating a year-over-year growth of 21%-22% [3][4] Market Outlook - Management highlighted improved visibility into upcoming AI product launches, which are expected to drive significant growth acceleration in the second half of the fiscal year [3][4] - Citi analysts maintain a "buy" rating on Snowflake's stock, indicating confidence in the company's future performance [3]