Dogecoin (CRYPTO: DOGE) rolled over along with leader cryptocurrency’s Bitcoin (CRYPTO: BTC) and Ethereum (CRYPTO: ETH) Sept. 7 just prior to El Salvador adopting Bitcoin as legal tender.
On September 2 the Shibu-Inu themed alt-coin broke up from a descending trendline that had been holding it down since its Aug. 16 high of 35 cents and soared up almost 10% higher. Technically speaking the break of the trend should have carried the crypto higher but Bitcoin’s sharp decline caused Dogecoin to plumet 30%.
On Sunday Dogecoin was behaving bullishly, trading higher in line with Bitcoin and Ethereum although on lower than average volume. When a large impulsive move up or down takes place in a stock or crypto it is usually followed by a multi-day period of consolidation to allow for new patterns to develop.
See Also: Dogecoin's Climb To $1 By Year-End: A Possibility Or A Pipedream?
The Dogecoin Chart: Since closing the day on Sept. 7 at the 25-cent mark Dogecoin has spent the past 5 days consolidating the move. In its consolidation Dogecoin has settled under another descending trendline –trading lower into a tightening range while holding above a key support level at 23 cents.
Hot Tech Stocks To Invest In Right Now: CVENT, INC.(CVT)
Cvent, Inc. (Cvent), incorporated on August 20, 1999, is a cloud-based enterprise event management company. The Company provides solutions for both sides of the events and meetings value chain, such as event and meeting planners, through its Event Cloud, and hoteliers and venues, through its Hospitality Cloud. The Company’s integrated, cloud-based solution addresses the entire event lifecycle by allowing event and meeting planners to automate and streamline the process of planning, organizing and executing events for organizations of all sizes and industries.
The Company’s Hospitality Cloud provides hotels and venues with a solution suite to create, manage and measure demand for their group meetings. For the event and meeting planner side of the value chain, which includes corporations, associations, not-for-profits, Government agencies and universities, events and meetings are an integral way to build relationships with customers, prospects, employees and partners. Enterprise events and meetings include external events, such as conferences, tradeshows, and customer summits, as well as internal functions, such as sales meetings, training seminars and team-building events. Meeting planners use its solutions to identify the appropriate venue, secure a competitive proposal from the hotel or venue, manage budgets, market the event, send invitations, utilize pre-event surveys, establish a social media presence for the event, process registrations, manage fee collections, build an event-specific mobile application, manage event logistics, such as travel and lodging, survey and engage attendees, and analyze event results and survey feedback following the event.
The Company offers planners a platform that addresses the entire lifecycle of events and meetings, including budgeting, planning, venue sourcing, marketing, management and measurement of meetings. It offers approximately six product categories, on two integrated clouds, the Event Cloud and the Hospitality Cloud. The Event Cloud includes the following five product categories, including event management software, enterprise solutions software, mobile event applications, pre- and post-event feedback management software, and onsite event solutions. The Hospitality Cloud includes three product categories, including group marketing solutions, group demand management, and group business intelligence for hotels and venues.
The Company provides solution, which includes the functionalities, such as Event Management, Enterprise Solutions, Mobile Event Applications, Feedback Solutions, Onsite Event & Conference Solutions and its Event Cloud Customers. The Company serves an array of events and conferences, from small events with 50 attendees to large conferences with 20,000 attendees, by offering varying levels of management software and other services based on each planner’s specific business requirements.
The Company offers Enterprise solutions, which provide large enterprise customers with the ability to manage the event life-cycle on a single platform. This includes providing visibility and compliance in line with a Strategic Meetings Management Program (SMMP). Its enterprise customers hold hundreds or thousands of events and meetings annually, many of which are hosted at off-site locations such as hotels. In addition to all of the services offered to its event and conference management customers, its Enterprise platform also helps enterprises manage their meetings and event programs. The Company offers planners the ability to generate and customize native applications for both business and consumer events on multiple operating systems, including Android, iPhone operating system (iOS) and the Web. Its applications are often used by planners and attendees to: provide schedule and location information; create personalized schedules and access them within the application; facilitate interaction among attendees, speakers and exhibitors; participate during sessions with live polling and surveys; conduct real-time messaging to build relationships and disseminate information; access rich media content, such as video, pictures and Internet radio; access presentations and other meeting materials; connect with integrated social media tools, such as Facebook, Twitter and LinkedIn, and deliver advertising and targeted messaging.
The Company’s feedback solutions enable its customers to streamline the way they collect information both pre- and post-event. Event and conference management customers can collect attendee feedback using its survey capabilities, which provides analytics and insights useful for future events. Additionally, over 1,200 enterprises and approximately 15,000 active users utilize its software to solicit feedback from employees, measure customer satisfaction, capture sales leads and test product ideas. It also provide onsite solutions to help events and large conferences run smoothly and engage attendees. Onsite features include onsite registration and session check-in functionality, badge printing, payment processing, mobile application integration and attendee engagement, social engagement solutions and exhibitor analytics.
The Company’s Hospitality Cloud is created to provide a spectrum of cloud-based solutions across the hotel group sales lifecycle. The Hospitality Cloud consists of marketing solutions and software-as-a-service (SaaS) software enabling hotels, convention and visitor bureaus (CVBs), and other event venue owners to generate demand for meetings and events, manage. Its Hospitality Cloud solutions are separated into approximately three pillars, which include group marketing solutions; Group Demand Management and Group Business Intelligence.
The Company’s group marketing solutions consist of three online marketplaces, such as The Cvent Supplier Network (CSN), EliteMeetings.com and SpeedRFP.com that allow suppliers to directly connect and establish relationships with the hundreds of thousands of planners who use these tools to research destinations, find venues and source group business. These three domains are designed to support the sourcing needs of a range of meeting planners. The CSN, which connects tens of thousands of professional meeting planners with approximately 240,000 venues featured in its database. EliteMeetings.com serves as a commission-free RFP-generating tool and a vehicle for sourcing upscale properties. SpeedRFP (www.SpeedRFP.com), is another commission-free sourcing Website, with a focus on ease-of-use, and is thus focused on planners in the social, military, education, religious and fraternal (SMERF) market.
Cvent’s solutions for Group Demand Management provide hotel sales personnel with the tools they need to manage, prioritize, and track a group business leads. Cvent’s solutions for Group Demand Management consist of the components, which include Lead Scoring, Routing and Escalation Rules, and SpeedRFP Widget. Cvent’s Lead Scoring software allows hoteliers to configure a scoring strategy based on the individual needs of their hotel. Routing and Escalation Rules ensure that the correct users are automatically assigned to leads based on a range of factors, including geographies, lead dates, lead size, organization type and a number of other factors. The SpeedRFP Widget provides white-label technology for group business sourcing on hundreds of hotel Websites and enables those clients to manage all of their electronic leads through one central interface.
Cvent provides packaged analytics to hotels, enabling sales and marketing leaders on property to track and analyze their own group business performance and to compare that performance with their competitive set. Its analytic solutions equip on-site hotel sales professionals with the tools to make business decisions for group planning and management.
The Company competes with Lanyon, eTouches, Doubledutch and Quickmobile.
- [By Logan Wallace]
CyberVein (CVT) is a token. Its launch date was March 4th, 2018. CyberVein’s total supply is 2,147,483,648 tokens and its circulating supply is 1,060,404,496 tokens. CyberVein’s official Twitter account is @cyberveingroup and its Facebook page is accessible here. The official website for CyberVein is www.cybervein.org.
- [By Stephan Byrd]
CyberVein (CURRENCY:CVT) traded up 12.6% against the US dollar during the one day period ending at 18:00 PM ET on October 5th. CyberVein has a market capitalization of $20.74 million and $59,268.00 worth of CyberVein was traded on exchanges in the last 24 hours. One CyberVein token can now be purchased for about $0.0196 or 0.00000297 BTC on cryptocurrency exchanges including HitBTC, OKEx, IDEX and Bit-Z. Over the last seven days, CyberVein has traded down 12.5% against the US dollar.
- [By Logan Wallace]
CyberVein (CURRENCY:CVT) traded 7.6% lower against the US dollar during the one day period ending at 21:00 PM E.T. on June 9th. One CyberVein token can now be purchased for about $0.0625 or 0.00000853 BTC on major exchanges including Bit-Z, HitBTC and IDEX. CyberVein has a total market cap of $56.75 million and $10.82 million worth of CyberVein was traded on exchanges in the last 24 hours. During the last seven days, CyberVein has traded up 5.3% against the US dollar.
Hot Tech Stocks To Invest In Right Now: LightPath Technologies, Inc.(LPTH)
LightPath Technologies, Inc. designs, develops, manufactures, and distributes optical components and assemblies. It offers precision molded glass aspheric optics, infrared aspheric lenses, GRADIUM glass lenses, and other optical materials used to produce products that manipulate light. The companys products are used for various applications in industries, including defense products, medical devices, laser aided industrial tools, automotive safety applications, barcode scanners, optical data storage, hybrid fiber coax datacom, telecom, machine vision and sensors, and others. LightPath Technologies, Inc. sells its products directly to customers in North America and China, as well as through distributors and channel partners in Europe, the United States, and internationally. The company was founded in 1985 and is headquartered in Orlando, Florida.
- [By Logan Wallace]
Several equities research analysts recently issued reports on ON shares. Robert W. Baird reissued a “buy” rating and set a $28.00 price objective on shares of ON Semiconductor in a research note on Wednesday, January 9th. Citigroup dropped their price objective on ON Semiconductor from $28.00 to $21.00 and set a “buy” rating for the company in a research note on Tuesday, October 30th. Nomura dropped their price objective on ON Semiconductor from $30.00 to $23.00 and set a “buy” rating for the company in a research note on Tuesday, October 30th. Craig Hallum reissued a “buy” rating and set a $25.00 price objective (down previously from $31.00) on shares of ON Semiconductor in a research note on Tuesday, October 30th. Finally, ValuEngine raised ON Semiconductor from a “sell” rating to a “hold” rating in a research note on Friday, November 2nd. One equities research analyst has rated the stock with a sell rating, seven have issued a hold rating and seven have issued a buy rating to the company. ON Semiconductor presently has an average rating of “Hold” and an average price target of $24.42.
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ON Semiconductor Company Profile
- [By Ethan Ryder]
ON Semiconductor (NASDAQ:ON) was upgraded by analysts at BidaskClub from a “sell” rating to a “hold” rating in a research note issued to investors on Tuesday.
- [By Nicholas Rossolillo]
Semiconductor stocks had a rough go of it last year, and ON Semiconductor (NASDAQ:ON) was no exception. Shares ended 2018 down 21%.
It’s not that there was anything wrong with ON’s business per se; in fact, business continued to grow at a healthy pace, capping off the year with a 9% sales gain in the fourth quarter alone. Investors chose to fret over the trade spat between the U.S. and China, and it seems the slowing economy across the Pacific is proving the worry justified.
- [By Motley Fool Transcribers]
ON Semiconductor Corp (NASDAQ:ON)Q4 2018 Earnings Conference CallFeb. 04, 2019, 9:00 a.m. ET
Prepared Remarks Questions and Answers Call Participants
Hot Tech Stocks To Invest In Right Now: Illinois Tool Works Inc.(ITW)
Illinois Tool Works Inc. manufactures and sells industrial products and equipment worldwide. It operates through seven segments: Automotive OEM; Test & Measurement and Electronics; Food Equipment; Polymers & Fluids; Welding; Construction Products; and Specialty Products. The Automotive OEM segment produces components and fasteners for automotive-related applications. The Test & Measurement and Electronics segment provides equipment, consumables, and related software for testing and measuring of materials and structures, as well as equipment and consumables used in the production of electronic subassemblies and microelectronics. The Food Equipment segment offers commercial food equipment and related services. The Polymers & Fluids segment produces adhesives, sealants, lubrication and cutting fluids, and fluids and polymers for auto aftermarket maintenance and appearance. The Welding segment produces arc welding equipment, consumables, and accessories for various industrial and commercial applications. The Construction Products segment produces engineered fastening systems and solutions. The Specialty Products segment provides beverage packaging equipment and consumables, product coding and marking equipment and consumables, and appliance components and fasteners. The company distributes its products directly to industrial manufacturers, as well as through independent distributors. Illinois Tool Works Inc. was founded in 1912 and is headquartered in Glenview, Illinois.
- [By Max Byerly]
Get a free copy of the Zacks research report on Open Text (OTEX)
For more information about research offerings from Zacks Investment Research, visit Zacks.com
- [By Dan Caplinger]
In the cloud computing industry, it’s important not to get left behind, but the rapid pace of innovation makes it hard to keep up. Open Text (NASDAQ:OTEX) has understood the threat of letting its competitors build up a lead in what it sees as the greatest opportunity it has for growth, and it wants to defend its turf and work at surpassing the competition through a combination of organic growth and smart strategic combinations.
- [By Motley Fool Transcribing]
Open Text (NASDAQ:OTEX) Q2 2019 Earnings Conference CallJan. 31, 2019 5:00 p.m. ET
Prepared Remarks Questions and Answers Call Participants
- [By Stephen Mack]
It also includes a number of companies we’ve recommended in the past and that will surely be a benefit to your portfolio. To name just a few of these…
VMware Inc. (NYSE: VMW) is a top provider of cloud computing and networking solutions to a wide range of industries. Its healthcare software, for example, allows practitioners to stay mobile and access patient information and other relevant analytics on their smartphones – without compromising the security of that data. Cisco Systems Inc. (NASDAQ: CSCO) is a Silicon Valley tech giant that’s been around for over three decades. Its founders were pioneers in connecting PCs via local area networks (LANs). More recently, it’s developed a hybrid cloud solution for Google Cloud customers, creating stiff competition for Amazon Web Services. Open Text Corp. (NASDAQ: OTEX) confirms Michael Robinson’s mantra that every company is a tech company. It provides cloud-based information analytics for just about every facet of institutions large and small, enabling them to increase efficiency, cut costs, and generate bigger profits.
The final category of SKYY’s holdings is non-pure-play cloud computing companies. These seven companies provide products and services that support cloud technology indirectly.