Hybrid Cloud

NetApp Inc. (NASDAQ: NTAP) reported fiscal first-quarter results, which beat analyst expectations but NetApp CEO George Kurian acknowledged he's disappointed with the revenue performance -- a sentiment shared by some Street analysts. The Analysts Wells Fargo analyst Aaron Rakers maintains a...

IBM (NYSE: IBM) reported second-quarter results, which one analyst praised for showing growth in important areas while another said cloud revenue was a "real weak spot." The Analysts KeyBanc's Arvind Ramnani maintains at Sector Weight. Morgan Stanley's Katy Huberty doesn'...

Tech giant IBM (NYSE: IBM) reached an agreement to acquire open source cloud software provider Red Hat Inc (NYSE: RHT) for $190 per share in cash, representing a premium of more than 60 percent compared to Red Hat's Friday closing price of $116.68. Once the deal is complete, Red Hat will be...