Cloudera reported its results the other day. In a few words, the results were far better than feared. The outlook was a bit better than had been anticipated, and the tenor of the call was decidedly upbeat. The company went out of its way to talk about one investor concern: the commentary from Talend on…
I will try to make this as short as possible and long as necessary. Some subscribers like my efforts in terms of diction; all subscribers are going to like it better if I can produce profitable picks. I think the recent crash is epochal in nature. I have seen my share of crashes such as…
In the wake of a very strong recommendation on the part of an analyst at Needham regarding Cloudera I made a trading call to subscribers the other day. Cloudera shares were around $14.50 at the time I made my call; today, in the wake of the earnings release from Hortonworks (HDP), and the market tumble,…
This morning, the Needham analyst raised his rating and his price target to a street high $31/share. Readers should be aware that HDP, which is merging with Cloudera, is going to report results on 11/8. The Needham analyst has been in his post for some time now. It would be incredible if he did not…
It was announced after the close of the market on October 3, 2018 that Cloudera and Hortonworks will merge. While described as a merger of equals, in essence, Cloudera will wind up as the surviving company. The transaction is an all-stock deal, and each Hortonworks shareholder will receive 1.3 shares in the combined business. Hortonworks…
Nutanix This afternoon, after the close, Nutanix announced-again-that it had closed the largest deal in its history with a DoD customer for more than $20 million. The deal was one of 46 transactions that of greater than $1 million that closed during the company’s Q4. Nutanix, during the course of the call, indicated that it…
Wednesday was an afternoon filled with tech earnings reports. There were far too many to cover with any degree of rigor in a single post. Just to note-all of the earnings beat, most of the guidance was a raise, and earnings improvements were part of the process. Earnings of note that I follow that fell…
Avalara Avalara, a recent IPO whose shares appreciated by 46% its first day of trading have appreciated a further 13% so far today. The share price appreciation was based on a decision by the Supreme Court that lets states collect sales tax from online retailers. Avalara, for those unfamiliar with the name is a company…
Cloudera-Can it return to hyper-growth? Cloudera (CLDR) is one of several big data names that burst upon the investment firmament over the past couple of years and has already seen a decade’s worth of share price volatility. In particular, Cloudera went public in April 2017. The shares went sold at $15, opened at $18 and…