Tag Archives: bad-request

Cornerstone OnDemand ‘Positive Pipeline’ Aids Outlook

Cornerstone OnDemand (CSOD) stock jumped as much as 11% Friday despite reporting lower-than-expected Q2 earnings Thursday. The company’s sales and billings beat Wall Street views, boosting shares. The maker of performance management software said Q2 billings rose 30% from Q2 2014, to $91.3 million. Analyst Jack Andrews of D.A. Davidson told clients that was in line with his estimate but well ahead of Wall Street’s consensus of $85.5 million. He

Tesla Stock Cut To Sell On Cash Worry; Robot Debuts

Tesla Motors (TSLA) stock got downgraded from hold to sell Friday by S&P Capital IQ analyst Efraim Levy, who says he’s “concerned about near-term margin pressure and cash flow needs,” though he expects “rapid automotive profit growth” through 2017. “A lot of it is from the capex,” Levy said of his concerns in an interview with IBD. On Tesla’s recent earnings call, he said, “the company didn’t quite say they would … need to issue additional

Nvidia Beats, But Intel Fees Nearing End Of Line

Nvidia (NVDA) stock gapped up Friday after the chipmaker late Thursday reported Q2 revenue that trumped Wall Street’s forecast. At least five analysts hiked Nvidia’s price target Friday. For its fiscal Q2 ended July 26, Nvidia reported $1.15 billion revenue, up 4.6% from the year-earlier quarter and beating the $1.01 billion consensus of 30 analysts polled by Thomson Reuters. Nvidia said sales of its GeForce chip, used in PC gaming, rose 51% in Q2