Morgan Stanley Turns More Positive on IT Hardware, Upgrades HPE and NetApp
Morgan Stanley raises U.S. IT hardware outlook to In-Line, upgrades HPE and NetApp on AI-driven demand, while downgrading Teradata.
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Teradata’s Strong Quarter Overshadowed by Cautious Q3 Revenue Guidance
Teradata’s solid Q2 beat on revenue, EPS & cash flow was overshadowed by weak Q3 guidance. ARR grew, but near-term softness sparked a sharp sell-off.
Teradata Wins $480M Settlement Against SAP Over Trade Secret Theft
Teradata reached a $480M settlement with SAP to resolve a long-running trade secret lawsuit.
Software Stocks Slump Again: AI Fears and Weak Outlooks Hit Hard
Software stocks are falling sharply after disappointing earnings and guidance from companies like Dassault Systèmes and Unity Software, raising worries about AI disrupting traditional business models.