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Harmonic (HLIT) Augments Liquidity With New Credit Facility https://www.zacks.com/stock/news/2201451/harmonic-hlit-augments-liquidity-with-new-credit-facility?cid=CS-ZC-FT-analyst_blog|company_news_tech_sector-2201451 Dec 22, 2023 - The new credit facility augments Harmonic's (HLIT) liquidity and enables it to better focus on its multi-year growth plan.
Adobe (ADBE) Cancels Figma Buyout, Frees Up $6 Billion in Cash https://www.zacks.com/stock/news/2201205/adobe-adbe-cancels-figma-buyout-frees-up-6-billion-in-cash?cid=CS-ZC-FT-analyst_blog|company_news_tech_sector-2201205 Dec 21, 2023 - Adobe (ADBE) abandons Figma acquisition due to mounting regulatory pressure. This gives the company room for Artificial Intelligence ("AI") innovations and buy backs.
Nokia (NOK) Divests Non-Core Assets to Optimize CNS Portfolio https://www.zacks.com/stock/news/2201119/nokia-nok-divests-non-core-assets-to-optimize-cns-portfolio?cid=CS-ZC-FT-analyst_blog|company_news_tech_sector-2201119 Dec 21, 2023 - Nokia (NOK) inks disinvestment deal to offload its Device Management and Software Management business. The company aims to drive investment in key growth areas such as SaaS, 5G core and Network as a Code.
Application Software Segment Aids Roper (ROP) Amid Cost Woes https://www.zacks.com/stock/news/2201086/application-software-segment-aids-roper-rop-amid-cost-woes?cid=CS-ZC-FT-analyst_blog|zer_report_update-2201086 Dec 21, 2023 - Roper (ROP) stands to benefit from the solid momentum in the Application Software unit, driven by strength across its Deltek and Aderant businesses. However, cost inflation remains a concern.
Viasat (VSAT), Safran Team Up to Boost Rocket Telemetry System https://www.zacks.com/stock/news/2200606/viasat-vsat-safran-team-up-to-boost-rocket-telemetry-system?cid=CS-ZC-FT-analyst_blog|company_news_tech_sector-2200606 Dec 20, 2023 - By enhancing the InRange rocket telemetry system, Viasat (VSAT) is seeking to boost commercial prospects in the market of launch operators and spaceports.
Arista Networks (ANET) Stock Declines While Market Improves: Some Information for Investors https://www.zacks.com/stock/news/2200231/arista-networks-anet-stock-declines-while-market-improves-some-information-for-investors?cid=CS-ZC-FT-tale_of_the_tape|yseop_template_6v1-2200231 Dec 19, 2023 - The latest trading day saw Arista Networks (ANET) settling at $236.70, representing a -0.88% change from its previous close.
IBM Boosts Hybrid Cloud & AI Portfolio With Strategic Buyout https://www.zacks.com/stock/news/2200056/ibm-boosts-hybrid-cloud-ai-portfolio-with-strategic-buyout?cid=CS-ZC-FT-analyst_blog|company_news_tech_sector-2200056 Dec 19, 2023 - IBM is aiming to enhance its hybrid cloud and AI product offerings by acquiring Software AG's iPaaS businesses.
Looking for Stocks to Buy in 2024? Here are 3 Strong Picks https://www.zacks.com/stock/news/2199243/looking-for-stocks-to-buy-in-2024-here-are-3-strong-picks?cid=CS-ZC-FT-stocks_in_the_news|investment_ideas-2199243 Dec 18, 2023 - The stock market looks primed for a solid 2024 as the math on cash and bonds changes and more investors join the party, worried they might miss out on another prolonged rally.
Alphabet (GOOGL) to Add New Features to Google Messages https://www.zacks.com/stock/news/2198200/alphabet-googl-to-add-new-features-to-google-messages?cid=CS-ZC-FT-analyst_blog|company_news_tech_sector-2198200 Dec 14, 2023 - Alphabet (GOOGL) is set to launch a new in-app contacts page for Google Messages with Material 3 carousel, bolstering its Android offerings.
Adobe (ADBE) Q4 Earnings & Revenues Beat Estimates, Rise Y/Y https://www.zacks.com/stock/news/2198090/adobe-adbe-q4-earnings-revenues-beat-estimates-rise-y-y?cid=CS-ZC-FT-analyst_blog|earnings_article-2198090 Dec 14, 2023 - Adobe's (ADBE) fiscal fourth-quarter results benefit from the strong momentum across Creative Cloud, Document Cloud and Experience Cloud.

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