Tag: Technologys

Seagate Technology’s stock surges toward a record after double upgrade at BofA

by  on  in Technology Evolution

Shares of Seagate Technology PLC
STX,
+0.92%
jumped 2.1% toward a record high in midday trading Thursday, to buck the selloff in its technology peers and the broader stock market, after BofA Securities analyst Wamsi Mohan swung to bullish from bearish on the data storage company, citing the nearing of an “inflection” in revenue trajectory and industry profitability. Mohan raised his rating to buy from underperform, while lifting his stock price target to $90 from $54. He said he expects capacity additions to moderate, pricing to normalize and mass capacity hard-disk drives (HDD) to drive improvement in revenue, mix and

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Why SolarEdge Technology’s Stock Could Have Dark Days Ahead

by  on  in Technology Evolution

The valuations of companies across the solar power industry have soared this year — and with those higher stock prices come higher expectations for growth.

High expectations are exactly why SolarEdge Technology’s (NASDAQ:SEDG) shares got pummeled during the last month. And if it’s starting to lose market share, those shares may continue their slide.

Roof with solar installation on partly cloudy day.

Image source: Getty Images.

What SolarEdge reported in Q3

For starters, we should ground this discussion in some metrics from 2020’s third quarter. Management announced that SolarEdge’s revenue fell by 17.6% to $338.1 million in the quarter, as the number of power optimizer units shipped declined

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“Technology’s been coming for black people since the beginning” says Charlene Prempeh

by  on  in Techology Advancement

Exposing and tackling racism in technology is the goal of UK initiative A Vibe Called Tech. Dezeen spoke to founder Charlene Prempeh about the responsibility companies have in protecting the black community on and offline.



a man sitting on a suitcase

© Provided by Dezeen


Launched in 2018, A Vibe Called Tech explores the impact that technology has on black people in the UK. Prempeh’s work spans across the various forms that technology takes, from social media platforms to artificial intelligence (AI) and biometric devices.

Black people aren’t being considered when technologies are developed

The initiative aims to outline the myriad ways that technology reinforces racial

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What Does GSI Technology’s (NASDAQ:GSIT) CEO Pay Reveal?

by  on  in Technology Development

Lee-Lean Shu has been the CEO of GSI Technology, Inc. (NASDAQ:GSIT) since 1995, and this article will examine the executive’s compensation with respect to the overall performance of the company. This analysis will also look to assess whether the CEO is appropriately paid, considering recent earnings growth and investor returns for GSI Technology.

See our latest analysis for GSI Technology

Comparing GSI Technology, Inc.’s CEO Compensation With the industry

Our data indicates that GSI Technology, Inc. has a market capitalization of US$154m, and total annual CEO compensation was reported as US$843k for the year to March 2020. That’s a notable

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Did Silicon Motion Technology’s (NASDAQ:SIMO) Share Price Deserve to Gain 45%?

by  on  in Technology Development

It hasn’t been the best quarter for Silicon Motion Technology Corporation (NASDAQ:SIMO) shareholders, since the share price has fallen 16% in that time. But at least the stock is up over the last five years. However we are not very impressed because the share price is only up 45%, less than the market return of 95%.

View our latest analysis for Silicon Motion Technology

While the efficient markets hypothesis continues to be taught by some, it has been proven that markets are over-reactive dynamic systems, and investors are not always rational. One way to examine how market sentiment has changed

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