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Amazon Stock's Recent Pullback Offers 'Unique Opportunity': Analyst
Tuesday, April 1, 2025 - 1:18pm | 353Amazon.com, Inc. (NASDAQ:AMZN) shares are down 9% over the last month, but WestPark Capital analyst Curtis Shauger sees a buying opportunity in the stock's recent pullback. Expert Ideas: Shauger initiated coverage on Amazon stock with a Buy rating and $280 price target based on the company's...
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Google To Launch Blockchain Node Engine For Ethereum Developers
Thursday, October 27, 2022 - 11:46am | 443Software giant Alphabet Inc. (NASDAQ: GOOGL) announced a cloud-based node engine service for Ethereum (CRYPTO: ETH) developers and projects. The tech will allow customers to automatically maintain and monitor their nodes. Blockchains, which function as decentralized databases, include transaction...
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AWS Still Leads Race, Google Grows Fastest: How Cloud Market Shaped Up In Q1
Monday, May 2, 2022 - 10:34am | 410The worldwide cloud market grew at a robust clip in the first quarter, and the big three vendors dominated, according to a new report released by Canalys. Cloud Spending Maintains Red-Hot Pace: First-quarter cloud infrastructure spending climbed 34% year-over-year and about 12% from the previous...
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Cloud Competition: Is Digital Ocean The Next AWS?
Wednesday, October 2, 2019 - 4:36pm | 445Founded in 2012, Digital Ocean is a leading cloud service offering virtual private servers and managed databases. Initially primarily focused on small independent developers and hobbyists, the company is quickly adding products such as managed Kubernetes and databases such as PostgreSQL that seem...
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Goldman Sees Google Cloud Market Share Up 6.5x In 4 Years
Thursday, November 17, 2016 - 9:34am | 301Goldman Sachs’ Heather Bellini believes Google Cloud Platform (GCP) “has the technical capabilities and innovative services required to potentially increase market share from 3 percent in CY16 to 13 percent in CY20, becoming the #3 vendor over the next 5-10 years.” Bellini...
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At A New All-Time High, Salesforce's Outlook Is Exciting Wall Street Analysts
Thursday, November 19, 2015 - 11:59am | 1075Shares of salesforce.com, inc. (NYSE: CRM) spiked higher by more than 6 percent on Thursday. Salesforce's stock hit a new all-time high of $82.90 on Thursday. Investors and traders bought the stock following a better-than-expected Q3 and encouraging outlook, but are Wall Street...
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Look Out Amazon & Microsoft – Google's Having a Cloud Storage Fire Sale!
Wednesday, March 26, 2014 - 11:12am | 557Google (NASDAQ: GOOG), by dropping cloud computing costs by a third and storage rates by two thirds, made a big statement about the fact it considers profit margins to be too fat. When was the last time a company said that? At its Google Cloud Platform event in San Francisco, Tuesday, the...