CFLT News and Press, Confluent Inc. From 06/10/22

Cloud computing and software exchange traded funds trended lower early in Friday’s session after DocuSign’s (NASDAQ:DOCU) earnings-inspired 20% plunge sent tremors across the entire industry. The DOCU news became a clear-cut negative catalyst for the overall sector, putting pres...

Chase Coleman’s 13F portfolio value decreased from $45.94B to $26.64B this quarter. Tiger Global increased Li Auto, XPeng, Block, monday.com, and Toast while decreasing Amazon.com, DocuSign, Datadog, Zoom Video and Uber. The largest three positions are JD.com, Microsoft, an...

Following technology stocks will be preliminarily added/deleted to/from the Russell 3000 Index: Additions include: AvePoint (AVPT +1.0%); Bumble (BMBL +3.3%); Confluent (CFLT +0.8%); IonQ (IONQ +2.7%); Matterport (NASDAQ:MTTR +1.0%); PubMatic (PUBM +0.2%); UiPath (PATH +0.9%); ZoomInfo techno...

Confluent has pioneered a completely new category of data infrastructure called “data in motion”. The company has an elite team of founders from LinkedIn, which created Apache Kafka, used by 70% of the Fortune 500 today. Their customers include leading companies acro...

Lone Pine Capital’s 13F portfolio value decreased from $24.41B to $16.80B. The number of positions increased from 29 to 30. They added Taiwan Semi and Meta Platforms while dropping Adobe, KE Holdings, and Snowflake. The top three positions are Microsoft, Amazon, and Workday...

A bear market is cemented when an asset or index falls in value by 20% or more; by that definition, the Nasdaq-100 technology index is well and truly there with a loss of 27% from its all-time high. Some individual tech stocks are down significantly more than that, which can be inti...

Confluent (NASDAQ:CFLT) director Gerstner Brad acquired 98.5K shares at $20.28 worth ~$2M, as per its recent filing. In early May, the stock received several price target cuts amidst slowing growth. Quick look at ownership structure: For further details see: Confluent discloses share ac...

Global survey of IT and engineering leaders shows more than 3 out of 4 businesses would lose customers without access to real-time data streams More than 80% of organizations report real-time data streams are critical to building responsive business processes and rich, custome...

On May 15, institutional investment managers with more than $100 million AUM had to disclose their positions at the end of Q1 2022. I curated a list of some of the best-performing hedge funds of the past few years and looked into their holdings at the end of March 2022. Most tech ...

Stephen Mandel's Lone Pine Capital in its recent 13F filing indicated that it acquired new positions in TSMC (TSM), Meta Platforms (FB), Atlassian (TEAM) with1.40M shares, Dick's Sporting Goods (DKS) with 3.73M shares, Bill.com (BILL) 1.36M shares and Thermo Fisher (TMO) with 520,709 sha...