cloud technology

Salesforce.com, inc. (NYSE: CRM) will announce its fiscal second-quarter results on August 31 after the market close, and D.A. Davidson expects the company to report an in-line EPS, while projecting revenue above consensus. Analyst Take The brokerage expects non-GAAP EPS of $0.22, which matched the...

UBS’ Steven Fisher believes building a cloud-based platform and retrofitting equipment are key to the vision of Deere & Company (NYSE: DE). Fisher maintains a Neutral rating on the company with a price target of $87. Precision Ag Business At its investor meeting on August 29, Deere...

Alibaba Group Holding Ltd (NYSE: BABA) is worth $130 per share, at least according to a sum-of-the-parts analysis conducted by Rob Sanderson of MKM Partners. Sanderson's calculations derived a value for Alibaba's Commerce business at $94 per share, the Cloud business at $18 with a marked-to-market...

Argus’ Stephen Biggar believes Twilio Inc (NYSE: TWLO) shares are fully valued at present, trading at the top end of the peer-group range. Biggar initiated coverage of the company with a Hold rating. Losses Ahead The analyst believes, following the strong run-up of the stock since its June...

Just how good is Amazon.com, Inc. (NASDAQ: AMZN)'s AWS segment? According to Trip Chowdhry of Global Equities Research, the answer may be summed up as epic and historical. Amazon reported its second-quarter results after Thursday's market close and said that its AWS segment saw a year-over-year...

Oracle Corporation (NYSE: ORCL) has announced a huge deal to expand its cloud business by buying NetSuite Inc (NYSE: N) for $9.3 billion. “Oracle and NetSuite could applications are complementary and will coexist in the marketplace forever,” Oracle CEO Mark Hurd said in a statement....

Shares of LogMeIn Inc (NASDAQ: LOGM), a provider of cloud-based service offerings that allow businesses and individuals to connect to their workplace, surged higher by nearly 20 percent on Wednesday after the company announced a merger agreement with Citrix Systems, Inc. (NASDAQ: CTXS) Related...

With the director of the Office of Management and Budget, Sylvia Burwell, refusing to guarantee that the Obamacare website would be completely working by December 15, the pressure is on. So far the Obama administration’s best response has been to announce a “tech surge” involving the “best and...