Cloud Computing Market

The coronavirus has decimated companies across multiple sectors including airlines, energy, hospitality, and retail. At the same time, the pandemic has acted as a tailwind for tech companies, driving stocks in this sector to record highs. The broader markets entered bear market territory...

Snowflake Inc, a startup engaged in the cloud-based data warehousing business, filed for an initial public offering with the Securities and Exchange Commission on Monday. What Happened:  The company plans to list its shares on the New York Stock Exchange, under...

Amazon.com, Inc.'s (NASDAQ: AMZN) stock dropped on Friday after it issued weaker-than-expected guidance for the upcoming holiday season, but analysts remained bullish on the company and its one-day shipping buildout efforts. Amazon's third-quarter results were mixed, with earnings missing...

The cloud-based business planning and performance company Anaplan Inc. is expected this week to begin trading publicly on the New York Stock Exchange under the ticker symbol “PLAN.” The Details Anaplan intends to raise $248 million through the offering of 15.5 million shares. The shares...

Shares of Covisint (NASDAQ: COVS) became available to the public late September. After surging to $14.80, shares have returned near their IPO price, a pivotal level. Before the offering, Covisint was owned solely owned by Compuware (NASDAQ: CPWR), who now owns an 82.4 percent stake. Covisint...

When the CIA gave a $600 million cloud computing contract to Amazon (NASDAQ: AMZN) earlier this year, IBM (NYSE: IBM) appealed to the Government Accountability Office (GAO) – stating that Amazon Web Service’s (AWS) bid does not fall within the set criteria within the contract. While GAO stated...