The Latest Breaking News from Box Inc

The technology industry appears well-positioned for solid expansion, driven by solid demand for its products and services. Amid this backdrop, it could be wise for investors to buy tech stock, Box (BOX). However, fundamentally weak HIVE Blockchain (HIVE) and Bakkt (BKKT) could be best avoided. Let’s discuss this in detail.

What you need to know… The S&P 500 Index ($SPX ) (SPY ) today is down -0.81%, the Dow Jones Industrials Index ($DOWI ) (DIA ) is down -0.85%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is down -0.60%. U.S. stocks this morning are moderately lower on global...

Following Fed Chair Jerome Powell’s testimony on monetary policy last week and February’s job report showing more job creation than expected, the probability of the Fed increasing interest rates have risen. However, given the rosy long-term prospects of the tech industry, fundamentally strong stocks Fortinet (FTNT), Teradata (TDC), and Box…

With inflation remaining elevated, the Fed is expected to keep raising interest rates. This is expected to keep the stock market volatile. However, that should not deter long-term investors from adding fundamentally strong growth stocks Box (BOX), Extreme Networks (EXTR), and Celestica (CLS) to their watchlist, given their solid growth…

Dashed Investor optimism by the decreasing likelihood of a Fed pivot has created significant market volatility. However, amid anticipations of easing inflation, the possibility of the market bouncing back still stands. Against this backdrop, growth stocks Box, Inc. (BOX) and Extreme Networks (EXTR) might be wise portfolio additions to double…

After a challenging year, growth stocks are expected to stage a recovery this year amid easing inflation and the Fed’s downshift on monetary policy tightening. Furthermore, recent strong economic data fed investors' and economists’ hopes that the economy could achieve a soft landing. Hence, it could be wise to buy…

Following various macro headwinds hampering the tech industry’s growth last year, it is well-positioned to rebound and witness significant growth in the foreseeable future, driven by growing demand for advanced tech solutions. Thus, it could be wise to buy quality tech stocks Leidos Holdings (LDOS), Jabil (JBL), Box (BOX), and…

The gradual decline in inflation and decelerating wage growth might prompt the Fed to slow the pace of rate hikes this year, which might help growth stocks to stage a recovery. So, fundamentally strong growth stocks Salesforce (CRM), HF Sinclair (DINO), and Box (BOX), which look poised to soar in…

The technology industry is positioned for long-term growth due to the rapid adoption of new and emerging technologies and increased global tech spending. Given the industry’s bright growth prospects, it could be wise to add fundamentally strong and quality tech stocks Canon (CAJ), Jabil (JBL), and Box (BOX) to your…