cloud computing

Global Equities Research analyst Trip Chowdhry sees the cloud services provided by Amazon.com, Inc. (NASDAQ: AMZN) and Microsoft Corporation (NASDAQ: MSFT) as the end of the road for Palo Alto Networks Inc (NYSE: PANW). According to Chowdhry, Palo Alto simply won’t be able to compete with its...

salesforce.com, inc. (NYSE: CRM), the Customer Success Platform, revealed that it launched Service Cloud Lightning Snap-ins to support enterprises provide connected, personalized service across any device. According to the company, with Service Cloud Lightning Snap-ins, Businesses of any size could...

Credit Suisse sees two challenges for Rackspace Hosting, Inc. (NYSE: RAX), and slashed its price target by $2 to $20 after the company reported mixed first-quarter results. Analyst Sitikantha Panigrahi said the cloud service company would find it difficult to retain its existing public cloud...

In the eyes of some so-called experts, the First Trust ISE Cloud Computing Index Fund (First Trust Exchange-Traded Fund II (NASDAQ: SKYY)) is the epitome of a niche exchange-traded fund. Niche or not, SKYY, the lone ETF dedicated to the cloud computing industry, is somewhat reflective of that...

Morgan Stanley said that while a shallower transition to cloud computing is likely to allow Oracle Corporation (NYSE: ORCL) to return to growth in both EPS and revenue for fiscal 2017, the strategy may leave Oracle as mainly a legacy IT vendor in the new cloud-computing universe. Analyst Keith...

In a new report, Macquarie analyst Ben Schachter discussed Alphabet Inc (NASDAQ: GOOGL) (NASDAQ: GOOG)’s major push into cloud computing. Macquarie believes Google’s GCP is a good position to make an aggressive run at cloud market leaders Amazon.com, Inc. (NASDAQ: AMZN)’s AWS and...

Rackspace Hosting, Inc. (NYSE: RAX) shares have plunged 63.65 percent over the past one year, touching a low of $16.76 on February 11. Michael Bowen of Pacific Crest has downgraded the rating on the company to Sector Perform. Bowen expects the absence of near-term growth catalysts within...

In a new report, Oppenheimer analyst Timothy Horan explained why he expects cloud adoption to accelerate in a major way in 2016. According to Horan, the cloud is now entering the steepest part of its "s-curve" adoption cycle, and Oppenheimer anticipates a 20 percent boost in cloud capex in 2016 as...

In a new report, Pacific Crest analyst Brent Bracelin discussed the huge opportunities in cloud computing and which stocks will be the beneficiaries. According to Bracelin, 2016 will be the beginning of the next major business cloud adoption cycle, and top 20 cloud capex could rise 21 percent this...

International Business Machines Corp. (NYSE: IBM) confirmed it had acquired live-video streaming service Ustream on Wednesday in a deal worth $130 million. Big Blue's latest purchase is expected to help the company improve its cloud-computing services, a business that the firm has been focusing on...

Stifel recently issued a company note on PROS Holdings, Inc. (NYSE: PRO) after the company announced preliminary 4Q15 results that met revenue and exceeded EPS expectations, but missed projected bookings targets. Currently, Stifel has downgraded PROS Holdings to Hold, while a price target is...

As technology continues to advance, consumers are demanding more and more of their devices to offer some type of connectivity element. From washing machines to light bulbs, manufacturers are working to integrate technology into their products in order to give consumers a more streamlined experience...

Summit Research issued a company report on Barracuda Networks Inc (NYSE: CUDA) downgrading the IT security company following their third consecutive billings miss. Currently, Summit Research rates Barracuda at Hold and lowered the price target from $32 to $15. Srini Nandury, an analyst at Summit...

Cybersecurity was a hot topic over the past year after several high profile public and private sector attacks brought attention to the growing problem of information breaches. Most investors who picked up cybersecurity stocks at the beginning of 2015 saw sizable gains, leaving many to question...

Shares of International Business Machines Corp. (NYSE: IBM) have lost nearly 25 percent year to date. James Schneider of Goldman Sachs initiated coverage of IBM with a Neutral rating and $160 price target. Schneider said it is "too early" to be positive on the stock but he could be "...