Brad Zelnick

Microsoft Corporation's (NASDAQ:MSFT) booming AI business is stretching its cloud infrastructure to the limit, with CFO Amy Hood acknowledging that Azure's capacity shortfall likely capped revenue growth in the latest quarter. Azure Capacity Crunch Hits Growth During the company's fiscal first-...

Cloud-based data warehousing company Snowflake Inc. (NASDAQ: SNOW) reported fourth-quarter revenue Wednesday that more than doubled from a year ago and a loss that narrowed from the year-ago quarter. The full-year revenue guidance was about in-line with estimates. The Snowflake Analysts:...

Software giant Microsoft Corporation (NASDAQ: MSFT) is holding its IGNITE 2021, a gathering of developers and IT professionals, between March 2 and 4. The annual event is held virtually this year. IGNITE 2021 kicked off Tuesday with a series of announcements aimed at IT Pros, developers, data...

Zoom Video Communications Inc (NASDAQ: ZM) shares are up 13.2% this week after the company reported better-than-expected fourth-quarter earnings numbers and issued bullish guidance for 2021. For the fourth quarter, Zoom reported adjusted EPS of $1.22 on $882.5 million in revenue. Both numbers beat...

Palantir Technologies Inc (NYSE: PLTR) shares lost 12.75% Tuesday in reaction to mixed fourth-quarter results. Here's what the Street has to say.  The Palantir Analysts: Goldman Sachs analyst Christopher Merwin upgraded Palantir from Neutral to Buy and increased the price...

Shares of cloud security software companies Zscaler Inc (NASDAQ: ZS) and Crowdstrike Holdings Inc (NASDAQ: CRWD) are at record highs following the release of quarterly results. Both companies reported forecast-beating results and issued upbeat guidance for the calendar-year fourth quarter and the...

Cloud-based data warehouse company Snowflake Inc (NYSE: SNOW) reported a narrower loss and 119% revenue growth for its third quarter. Following the impressive headline numbers, the stock is moving to the upside. Credit Suisse analyst Brad Zelnick maintained a Neutral rating on Snowflake's and...

With the IPO quiet period on Palantir Technologies Inc (NYSE: PLTR) expiring, sell-side initiations of the stock are underway. The Palantir Analysts: Morgan Stanley analyst Keith Weiss initiated coverage of Palantir with an Overweight rating and $13 price target. Credit Suisse analyst...

Analysts are out with their reaction to Fastly Inc's (NYSE: FSLY) preliminary third-quarter earnings and the subsequent 30% drop in share price. Credit Suisse analyst Brad Zelnick maintains an Outperform rating on Fastly and lowers his price target from $110 to $100. Raymond James...

Unity Software (NYSE: U) saw a string of bullish calls from analysts initiating coverage Tuesday thanks to the company’s growth potential outside of its gaming business.  Unity Analysts On Its Gaming Platform: Unity has relationships with many of the top gaming companies, including...

Workday Inc (NASDAQ: WDAY) shares jumped 13% on Friday after the company reported a quarterly earnings beat and named a new co-CEO. Workday reported an adjusted EPS of 84 cents on $1.06 billion in revenue. Both numbers beat consensus analyst estimates of 66 cents and $1.04 billion, respectively....

Salesforce.com, inc. (NYSE: CRM) shares jumped 25% on Wednesday after the company reported blowout second-quarter earnings numbers and exceeded expectations with its full-year guidance. Salesforce reported second-quarter EPS of $1.44 on $5.15 billion in revenue. Both numbers exceeded consensus...

Shopify Inc (NYSE: SHOP) has been a key beneficiary of the accelerating adoption of online shopping during coronavirus lockdowns. The e-commerce company is scheduled to report second-quarter results Wednesday, July 29. Credit Suisse On Shopify: Analyst Brad Zelnick maintained a Neutral rating...

Cybersecurity company Crowdstrike Holdings Inc (NASDAQ: CRWD) reported first-quarter results Tuesday highlighted by an 89% year-over-year subscription growth, $686 million in annual recurring revenue and improving free cash flow from negative $16.1 million last year to positive $87 million. Here...

CrowdStrike Holdings, Inc. (NASDAQ: CRWD) reported a strong beat in its fourth-quarter earnings report Thursday. Here's how some analysts reacted to the earnings report. The CrowdStrike Analysts Credit Suisse’s Brad Zelnick maintained a Neutral rating with an unchanged $60 price...