Wallace Witkowski, Moneyish

Wallace Witkowski


San Francisco, CA, United States

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  • Moneyish

Recent articles by Wallace:

Salesforce to acquire Slack in stock and cash deal while results top Street estimates

Salesforce.com Inc. shares declined in the extended session Tuesday after the cloud-based customer relationship-management company said it would acquire... → Read More

AMD stock rallies to record close after CEO sounds positive notes on 2021 and PC market

Advanced Micro Devices Inc.'s stock rallied toward new highs Monday after the company's chief executive said she expects continued growth in the PC market... → Read More

Roblox IPO: 5 things to know about the tween-centric gaming platform

Roblox Corp. is heading for an initial public offering amid strong momentum as millions of tweens and teenagers are glued to their mobile devices during... → Read More

Salesforce acquisition of Slack could trigger M&A wave, analyst says

Salesforce.com Inc.'s undefined acquisition of Slack Technologies Inc. undefined would be a major challenge to Microsoft Corp. undefined, one analyst said... → Read More

Micron stock surges to highest prices since the dot-com boom as analysts see cloud demand improving

Micron Technology Inc. shares rallied Monday to a 20-year high as analysts said cloud data center demand was improving, and that was a big plus for the... → Read More

Nvidia sales and profit hit records as videogame and server chips surge

Nvidia Corp.'s quarterly results blew past estimates to set records in the extended session Wednesday as sales rocketed past the $4 billion milestone for the... → Read More

Palantir stock rockets to record high as hedge funds pile in

Palantir Technologies Inc. shares surged to a record high Tuesday following further disclosures that hedge funds are establishing positions in the... → Read More

Alphabet stock surges as resurgent Google ad sales deliver earnings beat

Google parent Alphabet Inc. shares surged in the extended session Thursday after the tech giant returned to rising ad sales and topped Wall Street estimates... → Read More

In latest semiconductor megamerger, Marvell seeks data-center depth with $8 billion Inphi buy

Marvell Technology Group Ltd.'s announcement Thursday to acquire Inphi Corp. is the latest tech merger prompted by the world's COVID-19 accelerated reliance... → Read More

FireEye reports record earnings as cyberthreats remain high

FireEye Inc. reports record results in the extended session Tuesday as the cybersecurity company manages to stem sales declines in its legacy products while... → Read More

Intel stock plunges 10% after earnings show bigger sales drop than expected

Intel Corp. revenue sank more than expected in the third quarter as the company's sales of server chips suffered, sending shares down 10% in after-hours... → Read More

Asana shares surge more than 30% while Palantir still awaits first trade

Asana Inc. was the first tech stock out of the gate of the two scheduled for their first day of trade Wednesday, quickly surging more than 30%, while... → Read More

Micron nearly doubles earnings on strong memory demand

Micron Technology Inc. nearly doubled its profit and added more than $1 billion in sales from last year thanks to strong cloud and consumer sales during the... → Read More

McAfee files for return to public markets

McAfee Corp. is seeking a return to being a public company, according to a filing with the Securities and Exchange Commission late Monday. → Read More

AstraZeneca's U.S. stock falls on report of coronavirus study halt

U.S.-traded shares of AstraZeneca PLC fell in the extended session Tuesday following a report that the drug maker halted a COVID-19 vaccine study following... → Read More

Lululemon stock wobbles after earnings beat

Lululemon stock wobbles after earnings beat Lululemon Athletica Inc. LULU shares fluctuated between slight gains and losses in the extended session Tuesday... → Read More

CrowdStrike stock retreats from 2020 rally following earnings beat

CrowdStrike Holdings Inc. shares retreat from their meteoric rise in the extended session Wednesday after the cloud-based cybersecurity company tops Wall... → Read More

Nvidia launches new generation of gaming chips, announces 'Fortnite' will introduce ray tracing

Nvidia Corp. launched its new line of gaming cards on Tuesday, and detailed more games that are taking advantage of the ray-tracing technology that was... → Read More

Salesforce, Amgen, Honeywell to become new Dow Average components

Salesforce.com Inc. undefined, Amgen Inc. undefined, and Honeywell International Inc. undefined will become new members of the Dow Jones Industrial Average... → Read More

Nvidia could become the Apple of the data center, analyst contends

Nvidia Corp. could come to dominate the data center the way Apple Inc. did smartphones, according to one analyst amid several glowing reports from Wall... → Read More