Latest news with #ITstocks
Yahoo
11-07-2025
- Business
- Yahoo
Indian equity benchmarks open lower, dragged down by IT stocks
(Reuters) -India's equity benchmarks opened lower on Friday, weighed down by information technology stocks after Tata Consultancy Services reported weaker-than-expected earnings and fresh U.S. tariffs on Canada added to global trade concerns. The Nifty 50 fell 0.39% to 25,255.5 points, while the BSE Sensex lost 0.44% to 82,820.76 as of 9:15 a.m. IST. Ten of the 13 major sectors declined at open. The broader small- and mid-caps traded flat. The IT index fell 2%, dragged by a 2% drop in TCS. On Thursday, the software services provider reported its first-quarter earnings after market hours, missing revenue estimates as its clients stayed cautious about non-essential spending amid tariff-related uncertainty. Meanwhile, Trump said on Thursday that the U.S. would impose a 35% tariff on imports from Canada next month and announced plans for blanket tariffs of 15% or 20% on most other trade partners.
Yahoo
01-07-2025
- Business
- Yahoo
Informa TechTarget, Salesloft Partner to Accelerate Revenue with Data-Driven Prospecting
TechTarget Inc. (NASDAQ:TTGT) is one of the best IT stocks to buy according to analysts. On June 23, Informa TechTarget announced a partnership and integration with Salesloft, which is a Revenue Orchestration Platform. The collaboration aims to help mutual customers grow revenue by enabling precise and data-driven prospecting, as well as efficiently engaging prospects who are actively in a buying journey. The core of this integration is to streamline workflows between Informa TechTarget's Priority Engine intent data platform and Salesloft's engagement capabilities. Priority Engine provides insights into actively researching buyers and buying groups by using its trusted editorial communities, which include 220+ highly targeted technology-specific websites and over 50 million permissioned first-party audience members. A woman in a virtual conference room speaking to a global audience on a webcast. The integration allows sales teams to easily and automatically push 'Active Prospects' from Priority Engine directly into relevant and topically aligned Salesloft cadences every week, thereby reducing the time between identifying intent signals and initiating sales outreach. By delivering active and permissioned contacts into Salesloft cadences, the integration helps sellers engage the right people with the right message at the right time. TechTarget Inc. (NASDAQ:TTGT) provides purchase intent-driven marketing and advertising campaigns in North America, the UK, and internationally. While we acknowledge the potential of TTGT as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the . READ NEXT: and . Disclosure: None. This article is originally published at Insider Monkey. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
29-06-2025
- Business
- Yahoo
Telos (TLS) Secures Defense Deals as B. Riley Sees Undervalued Cyber Play
Telos Corporation (NASDAQ:TLS) is one of the 10 best debt-free IT penny stocks to buy. Recent developments indicate that Telos Corp (NASDAQ:TLS) continues to build on its strengths in secure communications and cyber governance, even as the stock faces pressure following a recent downward revision in its price target. An engineer in front of a complex network security system, monitoring for potential threats. Around mid-May, a B. Riley analyst lowered his price target on Telos to $3.75 from $4.50, while maintaining a Buy rating. The analyst highlighted that the company's Q1 results exceeded consensus on both revenue and adjusted EBITDA. The company also reaffirmed its full-year guidance. According to him, the stock's decline after results appear more of an overreaction and doesn't reflect the company's improving fundamentals. He also believes that this decline undermines the fact that Telos anticipates a stronger performance in the second half of 2025. Meanwhile, Telos secured two key government contracts, in the first two weeks of June, that reinforce its relevance in national security-focused IT solutions. The first is a $3.7 million contract renewal with the U.S. Air Force Intelligence Community for continued use of its Xacta platform. This extension allows the Air Force to automate and manage cyber compliance across sensitive networks, an area where Telos has built a solid track record. Additionally, Telos was awarded a $14 million, five-year contract from the Defense Information Systems Agency (DISA) to support the Organizational Messaging Service (OMS). Through its Automated Message Handling System, Telos will continue providing secure and efficient message delivery across the Department of Defense, allied military partners, and federal agencies. These contract wins highlight Telos' established relationships with defense clients and its ongoing role in managing mission-critical communication infrastructure. Telos Corporation (NASDAQ:TLS) delivers cybersecurity, secure mobility, and identity management solutions to government and commercial clients. While we acknowledge the potential of TLS as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock. READ NEXT: The Best and Worst Dow Stocks for the Next 12 Months and 10 Best Tech Stocks to Buy According to Billionaires. Disclosure: None.
