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WORK News and Press, Slack Technologies Inc. Class A From 11/24/20

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Company Name: Slack Technologies Inc. Class A
Stock Symbol: WORK
Market: NYSE
Website: slack.com

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WORK - ServiceNow, Workday among software names getting bullish starts at KeyBanc

Citing the strong revenue growth potential, KeyBanc starts ServiceNow ([[NOW]] -1.8%) with an Overweight rating and $620 price target.The firm sees a continuing opportunity for ServiceNow to post revenue growth in the mid-20% range with increasing enterprise adoption.ServiceNow is packed into...

WORK - Rule Of 40 For SaaS Companies - Part IV - 3 Ways To Beat The Rule Of 40

In this series, we have been looking at the performance of SaaS (software as a service) stocks and their performance over time. The group stocks passing the Rule of 40, balancing sales growth and profitability, have been a very good bet over the last 15 years. In previous installm...

WORK - Billionaire Investor Says 'Buy REITs'

Billionaire investor Bruce Flatt is betting big on real estate and expects property prices to surge in the aftermath of this crisis. He believes that REITs are the best bargains in today's market. We present why this is a generational opportunity. We keep buying more shares of REI...

WORK - Stock Markets Fall; XPeng Drives Higher as Investors Pick Up Slack

Investors have largely shrugged off their concerns about the COVID-19 pandemic, instead trying to keep their eyes on the long-term prospects for growth across the U.S. and global economy. Moreover, with vaccines apparently on their way, many hope that they'll be able to wait out the pandemi...

WORK - Fastly, Zoom, and Slack Are Soaring as the Coronavirus Crisis Deepens

Many technology stocks rose on Friday due to alarming developments in the COVID-19 pandemic. Companies whose business growth will benefit from a return to lockdowns, safer-at-home orders, and remote-work policies saw their share prices rising. The largest gains on Friday morning include...

WORK - Rising coronavirus lockdowns, FireEye's $400M strategic investment drive software stocks higher

Software stocks are trending higher today with some of the notable names getting a pandemic-related tailwind from the tightening restrictions in the U.S. as coronavirus cases spike.The sector is also riding yesterday's news that FireEye received a $400M strategic investment led by Blackstone....

WORK - Tudor buys Ford, exits Realty Income; Microsoft stakes increased, Merck trimmed

Tudor Investment reported total fund portfolio value of $2.3B in its recent 13F filing a marginal growth from $2.02B in the previous quarter.Notable buys include Clean Energy Fuels (CLNE), First Solar (FSLR), Ford Motor (F), Hecla Mining (HL), DropBox (DBX), ADT (ADT) and Immunomedics (IMMU)....

WORK - Slack's Tricky Position, And The Software Bull Case For Tesla (Podcast)

We continue our conversation with Rajiv Sud about the tech sector, starting with a deep dive on Slack. There are several parallels with Twitter's situation that we break down, along with some ideas for marketing against Microsoft. Rajiv then shares his software-focused Tesla bull ...

WORK - Slack: The Bulls Are Typing...

From day 1, I’ve known Slack was a long-term play. I’ve been wrong on Slack so far. I have no idea if I’m right now. But the fundamentals are there. Its numbers are good, improving, and underappreciated. I’m taking every opportunity I can to pick up...

WORK - Slack Announces Date of Third Quarter Fiscal Year 2021 Financial Results

Slack Technologies, Inc. (NYSE:WORK) today announced that it will report its financial results for the third quarter of fiscal year 2021, ended October 31, 2020, following the close of the U.S. markets on Wednesday, December 9, 2020. Slack will host a conference call that day at 2:00 p....

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