cloud computing

Microsoft Corp. (NASDAQ:MSFT) continues to solidify its position as a frontrunner in monetizing artificial intelligence (AI), driving substantial gains for investors, explains Nigam Arora as he raises his price target on the Windows maker. What Happened: According to a recent note from the Arora...

Microsoft Corporation (NASDAQ:MSFT) has announced a $400 million investment in Switzerland to bolster its cloud computing and artificial intelligence (AI) infrastructure. What Happened:  The U.S. tech giant revealed its investment plans on Monday at a meeting between the Swiss...

Palantir Technologies Inc. (NASDAQ:PLTR) is rolling in tanks while Microsoft Corp. (NASDAQ:MSFT) is laying down cloud cables – and right now, the battlefield is tilting in favor of the war-tech disruptor. TITAN on Wheels: Palantir's AI-Powered Military Push Palantir, known for its mysterious...

Google’s parent company, Alphabet (NASDAQ:GOOGL), is paying $32 billion to buy cloud cybersecurity startup Wiz — a record deal for the company. This is not a Google Cloud power play; it’s a deal that can upend the entire cybersecurity sector and provide a new spark to ETFs invested in...

CoreWeave, a cloud computing firm backed by Nvidia Corp (NASDAQ:NVDA), is racing toward an IPO. It aims to raise $4 billion at a valuation north of $35 billion. CoreWeave could file for a U.S. listing within a week, reported Bloomberg, setting the stage for one of the year's most anticipated...

Microsoft Corp. (NASDAQ:MSFT) reported its second-quarter financial results after Wednesday's closing bell. Here's a look at the key figures from the quarter.  The Details: Microsoft reported quarterly GAAP earnings of $3.23 per share, beating the $3.11 consensus estimate. Quarterly revenue clocked...

Microsoft Corp (NASDAQ:MSFT) and Amazon.com Inc (NASDAQ:AMZN) Web Services could come under scrutiny from U.K. regulators after an independent investigation found a lack of competition in the cloud-services market. What To Know: The U.K. Competition and Markets Authority (CMA) announced Tuesday ...

As Microsoft Corp. (NASDAQ:MSFT) prepares to release its first quarter earnings on Oct. 30, the tech giant's AI and cloud services will be in the spotlight. Analysts estimate earnings per share at $3.09 and revenue of $64.48 billion. Microsoft stock is up 24.67% over the past year, 14.52% YTD....

As IBM (NYSE:IBM) gears up for its third quarter earnings report after Wednesday's market close, all eyes are on its expected EPS of $2.23 and revenue of $15.07 billion. The software giant has been riding high, boasting a year-to-date gain of 43.81%, and a whopping 70.30% surge over the past year...

In the tech world, Intel Corp (NASDAQ:INTC) is stumbling its way through a corporate reboot, while Oracle Corp (NYSE:ORCL) is racing ahead, planting a $6.5 billion artificial intelligence and cloud flag in Malaysia. Let's break down the current state of affairs for these two giants. Intel: A Tough...

The cloud battle between Oracle Corp (NYSE:ORCL) and Salesforce Inc (NYSE:CRM) is hitting new highs, and both stocks are riding the AI wave to impressive gains. But which one is winning? Let's dive into the numbers, recent moves, and what investors need to know. Oracle's Big Play: Malaysia's Mega...

Oracle Corp's (NYSE:ORCL) stock has been on fire, up a whopping 20% in September alone, riding the wave of the company's bold AI and cloud infrastructure moves. CEO Safra Catz isn't worried about AI demand—her concern is supply. Catz sees AI as the next frontier, much like GPS and IoT, and has...

The Federal Reserve’s decision to cut rates by a hefty 0.5% on Wednesday should be helpful to small- to medium-sized companies in the cloud computing space by making it easier for them to refinance debt, according to an analyst. Piper Sandler analyst James Fisher pointed to five such firms in...

Wall Street expects Oracle Corp (NYSE:ORCL) to report $1.32 in earnings per share (EPS) and $13.23 billion in revenues when the company releases first-quarter financials on Monday after market hours. Investors will likely watch its cloud service momentum amid growing AI demand. Last quarter, Oracle...

PagerDuty Inc (NYSE:PD) shares are trading lower in Tuesday’s after-hours session after the company reported mixed financial results for the second quarter. Here’s a rundown of the print. Q2 Revenue: $115.9 million, versus estimates of $116.48 million Q2 EPS: 21 cents, versus...