cloud computing

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...

Nutanix Inc (NASDAQ:NTNX) shares are trading higher in Wednesday’s after-hours session on the heels of the company’s fiscal fourth-quarter financial results. Here’s a rundown of the print. Q4 Revenue: $547.95 million, versus estimates of $536.94 million Q4 EPS: 27 cents, versus...

Governments in Asia, the Middle East, Europe, and the Americas are pouring billions into new domestic AI computing facilities, presenting a significant growth opportunity for tech companies like NVIDIA Corp (NASDAQ:NVDA). This trend, advocating for sovereign AI investments, is expected to generate...

Amazon.com Inc (NASDAQ:AMZN) has consistently shown growth across its diverse business segments, from e-commerce to cloud computing. While the bullish outlook for the Seattle-based company is well-documented, understanding the potential risks is crucial for a balanced investment strategy. A recent...

A top Morgan Stanley fund manager has identified a stock that could potentially benefit from the increasing power demands of artificial intelligence (AI). What Happened: Aaron Dunn, who manages the Morgan Stanley U.S. Value Fund, has highlighted the growing power needs of AI as a potential...