Category: Tech

One of the most lauded workplace communication apps is making headlines…

Its large-scale security resets may indicate some liability.

Reports show that Slack, one of the most popular platforms for enterprise messaging, will reset passwords for 65,000 users. That’s a lot more than the company usually handles at one time, piquing the interest of some security professionals.

Continue reading “Slack Takes on Compromised Passwords”

Oracle, a leader in technology, is now trading ex-dividend as of today.

At the end of the month, Oracle holders who bought in prior to Monday will receive the dividend payment of $0.24 per share. Others will have to wait.

That July 31 payout is over 25% bigger than the last dividend payment with a current dividend yield of 1.61%.

Oracle’s current earnings per share is marked at $3.01 with projected earnings growth next year around 10%, or almost double the industry average.

Continue reading “Oracle’s Ex-Dividend Date Moves Top Tech Stock”

The company’s shares are rebounding thanks to unexpected market changes. 

After a rocky start to 2019, things are finally starting to look up for memory-chip manufacturer Micron…

Trade war tensions have eased with China and the company can continue doing business with Huawei. Micron released its third-quarter earnings report and beat investor expectations.

Continue reading “Things Are Looking Up for Micron … But It’s Too Soon to Celebrate”

U.S. tech giant Nvidia is continuing a multi-session rally…

It moved the stock about 4% over a day’s time, with much bigger gains over the month.

Part of the enthusiasm in Nvidia stock revolves around the company’s DGX-Ready hosting program.

Continue reading “Nvidia Announces Data Center Service as NVDA Climbs”

Verizon’s shares fell on Monday after being downgraded by Citi.

Verizon’s shares fell more than 1% on Monday after being downgraded by Citi. Citi downgraded the company from buy to neutral but maintained its $62 price target.

Verizon is the second-largest wireless carrier in the U.S. The company’s shares have done well over the past year and are up more than 12% from a year earlier. But according to Citi analyst, Michael Rollins, this may not be enough for the company to remain competitive long-term.

Continue reading “Citi: Rough Road Ahead for Verizon”