cloud market

Cloud-based restaurant software company Toast Inc’s (NYSE: TOST) blockbuster New York Stock Exchange debut on Wednesday has made each of the three co-founders' stakes worth over $1 billion.  What Happened: Toast’s market cap soared past $30 billion on Wednesday and...

Microsoft Corp (NASDAQ: MSFT) has roped in rival Amazon.com Inc’s (NASDAQ: AMZN) top cloud executive Charlie Bell weeks after the industry veteran left his position at the e-commerce company.  What Happened: Bell, who left Amazon recently, is now listed by Microsoft as a...

Salesforce.com, Inc (NYSE: CRM) CEO Marc Benioff said Wednesday that some fellow corporate executives have been surprised by employees wanting to continue working from home, CNBC reported. What Happened: Benioff made his comments to television host Jim Cramer on “Mad Money” shortly...

Apple Inc (NASDAQ: AAPL) is set to create a program focused on making security improvements across its technology supply chains as the iPhone maker and fellow tech giants double down on cybersecurity, CNBC reported Wednesday. What Happened: The increased commitment of tech giants comes after they...

Amazon.com Inc (NASDAQ: AMZN)’s top cloud executive and company veteran Charlie Bell is leaving the company, CNBC reported on Monday, noting that the tech giant confirmed the shakeup. What Happened: Bell’s departure comes a month after Andy Jassy — who founded Amazon Web...

As the S&P 500 hit a new record closing high for the second straight day on Thursday, CNBC’s “Trading Nation” asked two traders which of the two largest S&P 500 stocks is the better buy: Microsoft Corp. (NASDAQ: MSFT) or Apple Inc. (NASDAQ: AAPL)? What Happened: Gina...

Alphabet Inc (NASDAQ: GOOGL) (NASDAQ: GOOG) subsidiary Google is promoting its cloud-based game streaming service by giving away a Stadia Premiere Edition bundle valued at $100 for free to YouTube Premium subscribers, The Verge reported Tuesday. What Happened: The offer is only available to...

If there’s one thing the market doesn’t like, it’s uncertainty. But that’s what it seems to be getting on two major fronts: the trade dispute between the U.S. and China and corporate earnings. The worries about the U.S.-China trade situation continued after President Trump...