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In the fourth quarter, the company’s revenues jumped by 48% year-over-year to $637.4 million and cash flows were $273.3 million, up from $159.7 million from the year prior. For the fourth quarter, CYBR revenues increased by 12% to $169.2 million. However, the subscription business saw an 86% spike in revenue to $88.5 million. In other […]
The revenue of Microsoft’s main cloud unit, Azure, along with the sales generated by the firm’s “other cloud services,” jumped a cumulative 31% year-over-year last quarter. The company, however did lower its overall forward guidance, saying it now expects revenue for its current first quarter of $50.5 billion to $51.5 billion. That is below the […]
The technical storage or access that is used exclusively for anonymous statistical purposes. CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 78.17% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you […]
Before looking at some chart examples, it is important to note that overbought readings are not necessarily bearish. Securities can become overbought and remain overbought during a strong uptrend. Closing levels that are consistently near the top of the range indicate sustained buying pressure. In a similar vein, oversold readings are not necessarily bullish. Securities […]
How big a company needs to be to qualify for blue chip status is open to debate. A generally accepted benchmark is a market capitalization of $10 billion, although market or sector leaders can be companies of all sizes. JPMorgan is an American multinational investment bank and financial services company that was founded in 1871 […]
