Ethereum Cofounder And Early Bitcoin Adopter Reveals Surprise Crypto Exit And Issues A Stark Warning Despite Huge Price RallyFive9, Inc closed up 0.6% to $177.60 on Friday, ending the day at 347.7k trades – before soaring over $10 per share by Monday’s close to end the first day of the week at $188.12 per share with nearly 11.3 million trades on the books. This substantive jump saw Five9 trade near 200x forward earnings on the day.
Currently, Five9’s forward 12-month revenue is expected to grow by 3.33%. Our AI rates this cloud tech company B in Technicals and C in Growth, Low Volatility Momentum, and Quality Value.AT&T, Inc nudged down 0.3% Friday to $28.34 per share, ending the day with 26.2 million trades on the books. The stock is down over 1.5% for the year and trading close to 9x forward earnings.AT&T and Dish Network.
Unsurprisingly, AT&T’s new partnership with Dish also thrust this media conglomerate into the spotlight as it attempts to transition to a nationwide wireless operator. While Dish has discussed multiple times building a competitive network to challenge AT&T, Verizon, and T-Mobile’s wireless service, the conversation has ultimately run nowhere.
The bulk of IBM’s revenue came from three crucial segments. Global Technology Services raked in over a third of the total, with another third going to the Cloud & Cognitive Software business . Meanwhile, a slightly smaller portion flowed in from IBM’s Global Business Services consulting unit. But systems revenue – including hardware sales – only contributed $1.71 billion, meeting consensus.