Limelight Networks upgraded to Buy from Hold at Craig-Hallum 07:38 LLNW Craig-Hallum analyst Jeff Van Rhee upgraded Limelight Networks to Buy from Hold with a price target of $4.00, up from $3.50. Van Rhee sees the current valuation and sentiment as reflecting near-peak or peak pessimism and finds current numbers more credible than is implied in shares, the analyst tells investors in a research note. Additionally, he is a believer that the base business has been stabilized and is increasingly convinced in the logic of the move to pivot into the AppOpps space. SailPoint initiated with a Buy at DA Davidson 17:01 SAIL DA Davidson analyst Rudy Kessinger initiated coverage of SailPoint with a Buy rating and $62 price target. Identity Governance & Administration is becoming more business critical than ever, Kessinger told investors in a research note, adding that it is a $20B+ total available market that is just over 1% penetrated by SailPoint. Additionally, the analyst cited other catalysts for the best-of-breed company, including new AI products that can yield a meaningful average revenue per user uplift are in the early innings of adoption, a model transition to recurring revenue that is nearly complete, and conservative guidance and likely upside to Q3 results.
Corsair Gaming sees Q3 revenue around $391M, consensus $484.1M 16:24 CRSR Andy Paul, CEO, commented, "We continue to see 2021 as a strong growth year over the exceptional results from 2020 and building on the acceleration of gamers and streamers buying gear for the first time or upgrading faster than in the past. We are several years ahead of our growth expectations before our IPO in 2020, and we believe that this is setting a new base for us to grow on. Despite this backdrop of growth, we believe that our 2021 net revenue has been held back at least 10% by global logistics and supply chain issues, especially by the lack of affordable GPUs in the retail channel. After a slower start to the third quarter of 2021, we have seen a return to more typical seasonal ordering with September being the strongest month in the quarter." Plug Power establishes long-term guidance of $3B in annual sales by 2025 16:05 PLUG Guidance coming as part of Plug Power's 2021 Plug Symposium presentations taking place today. UK Travel ban to US to be lifted Nov 8th!
THE POOL IS STILL OPEN! Not many can swim in Oct. Global warming or failure of the pool company to come close it? I jacked the heat all night we are up to 80. At 83 I go in. This will be the last swim of the summer. I feel the same way about this stk rally. /
Stoney you've been saying that all year lol. And don't give me this "rolling correction" bs. That's CNBC vernacular reserved for when they get it all wrong. The S&P is the S&P. The Naz is the Naz. The Dow is the Dow. I don't care if 3 stocks make up the entire shebang... the general direction continues to be up. Of course it's not gonna be a straight line. Just because stocks that have no earnings, nor are forecast to have earnings until the year2099, that trade at 40X sales pull back because idiot bagholders buy into the hype... doesn't mean the broader indexes won't continue up. Whatever. Did you see SCCO's close the other day? $59.50-----> $67 In 3 days. Another 10%'r ... delivered courtesy of GBA's Master Savant.
Colin Powell is dead from Covid. Fully vaccinated.-- WE ARE HERE OCT 18th<-------------------------------------------
Well it's D Day Van and I don't know what to do. I'll hold out for a turn around tues but the software is saying Red Alert and this is the date we came up with...
Uranium on the move again. Sprott buying more than all the mines in their effort to create a shortage is driving this.
Netflix sees $900M windfall from 'Squid Game' ahead of earnings Oct. 18, 2021 4:02 AM ET Netflix, Inc. (NFLX) Airlines losing pricing power with demand easing: Sector Watch Airline stocks bucked the trend last week, finishing in the red, compared with a 1.8% gain in the S&P 500(NYSEARCA:SPY). The U.S. Global Jets ETF(NYSEARCA:JETS)ended down 1.7%. Spirit(NYSE:SAVE)fell nearly 8%, while Southwest(NYSE:LUV)lost 6.6% and Delta(NYSE:DAL)dropped 5.5%. United(NASDAQ:UAL), down 2.4%, and American(NASDAQ:AAL), off 0.5%, fared better. The latest consumer inflation report showed a 6.4% month-over-month drop in air fares for September,following declines in August and July. To gauge demand, DataTrek Research looked at the fare trends for roundtrip, nonstop flights from New York to Orlando for the holiday periods. Thanksgiving weekNov. 24 - Dec. 1 June 15 - $389 July 15 - $355 Sept. 28 - $177 Oct. 14 - $183 Christmas weekDec. 22 - Dec. 29 June 15 - $261 July 15 - $368 Sept. 28 - $468 Oct. 14 - $449 "Ticket pricing for Thanksgiving declined over Q3 along with the slowdown in the US economy," DataTrek co-founder Jessica Rabe writes. "By contrast, ticket prices for Christmas climbed into the Fall, perhaps as algorithms tried to maximize pricing for eager early buyers of an especially busy period for air travel." "Even with these contrasting trends, airline pricing power has clearly stalled out (in the case of Thanksgiving) or pulled back (for Christmas) over the last couple of weeks." Google searches for "JetBlue," "United Airlines," "American Airlines," "Delta Airlines" and "Expedia," on average, are down 21% from 2019, compared with down 11% in mid-July and down 8% in mid-June. Traveler throughput was 1.82M in the first week of October, down from 2.37M in the comparable 2019 period, although lifting of restrictions for the U.K. and Europe should boost international travel. "US airlines seem to have lost pricing power over the last few months in line with the slowdown in US economic growth and what’s proven to be a persistent shift in US consumer spending patterns," Rabe says. "Both airline ticket pricing and Google search data – a forward indicator of intent - show only tepid US interest in flying over the holidays," she adds. "That’s potentially worrisome for early 2022 given that holiday air travel typically correlates with the strength of consumer demand in the coming months." While DataTrek expects near-term choppiness in airline stocks, it is positive on the group over eight to 12 months. "During that timeframe, international and business travel demand should improve and Americans should feel more comfortable with longer distance trips especially if mask mandates ease," they say. Watch that X mas number of $449 for NY to Orlando*****
In potential upside for Communications Services reports,Iridium Communications(NASDAQ:IRDM)is facing expected record net adds though the stock is only in line with where it was heading into the second quarter. The firm expects revenue and OEBITDA about 2-3% above consensus for this quarter TuSimple Holdings(NASDAQ:TSP)should provide updates on a CFIUS investigation and the Driver Out test within the coming three months, and perhaps as soon as the earnings report - with positive outcomes possible from either or both catalysts. Aside from NFLX only two ideas: A) IRDM- Reports tomorrow. Buy Today>>>>>>>>>>>>> B) TSP- Reports Nov 3rd..... Be in by then.