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Re: 3xBuBu post# 72701

Wednesday, 05/06/2020 4:14:27 PM

Wednesday, May 06, 2020 4:14:27 PM

Post# of 72979
SAP SE, Europe’s largest software maker, said several of its cloud-computing products do not meet the company’s cybersecurity standards.

https://finance.yahoo.com/news/were-hedge-funds-sap-se-195546116.html

The vulnerabilities affect 9% of SAP’s 440,000 customers, the Walldorf, Germany-based company said Monday in a statement. It plans to fix the problems in the second quarter to meet contractually agreed or statutory security standards. There are no known breaches or security incidents that have resulted from the shortcomings, which affect products from companies that SAP acquired, including SuccessFactors Inc., Concur Technologies Inc. and Callidus Software Inc.


Beyond Meat Stock Pops 19% on a Sizzling Earnings Beat
https://www.fool.com/investing/2020/05/06/beyond-meat-stock-pops-19-on-a-sizzling-earnings-b.aspx?source=eptyholnk0000202&utm_source=yahoo-host&utm_medium=feed&utm_campaign=article&yptr=yahoo

Beyond Meat (NASDAQ:BYND), the leading maker of plant-based meat substitutes, reported strong first-quarter 2020 results after the market closed on Tuesday.

Shares of the widely followed stock, which became publicly traded in May 2019, are up a whopping 18.9% at 11:56 a.m. EDT on Wednesday.

We can attribute the stock's surge to revenue and earnings crushing Wall Street consensus estimates. Moreover, the company also posted a surprise profit, which surely delighted investors.

Here's how the quarter worked out for Beyond Meat and its investors.

Pinterest struggles to engage users during coronavirus
Shares of Pinterest fell 19% after the company released its lackluster earnings report.
https://finance.yahoo.com/video/pinterest-struggles-engage-users-during-155018357.html

But Wall Street wasn't happy with Pinterest's user growth, CNBC reported, which was up 6% year-over-year in the U.S., compared with 8% in the fourth quarter. Overall, Pinterest's growth of 26% was the same annualized growth rate it saw in the fourth quarter -- in other words, flat. This was unexpected, given Pinterest's claims of pandemic-related record usage in March and the gains other social platforms have seen, including Facebook and Snapchat.

Nutanix NTNX recently reported preliminary third-quarter fiscal 2020 results, ended Apr 30, reflecting the impacts of the coronavirus pandemic. The company anticipates third-quarter fiscal 2020 revenues to be $312-$317 million or grow 8-10% year over year. The Zacks Consensus Estimate for revenues in the fiscal third quarter stands at $308.8 million, indicating 7.37% year-over-year growth.
https://finance.yahoo.com/news/nutanix-ntnx-updates-q3-view-150803030.html

nvestors were clearly pleased that the company's performance had held up well in spite of the pandemic. But Nutanix nonetheless withdrew its guidance for the year and its business model targets for calendar 2020 due to the uncertainty around COVID-19's impact on customers and end markets. However, the company said it has thus far seen steady demand for its hybrid cloud solutions

https://www.fool.com/investing/2020/05/06/why-nutanix-stock-surged-today.aspx?source=eptyholnk0000202&utm_source=yahoo-host&utm_medium=feed&utm_campaign=article&yptr=yahoo

Nio Analyst Says Improving Sales Trajectory, Easing Liquidity Concerns Support Bullish Stance








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