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Oracle Accelerates Cloud Migration With Oracle Cloud Lift Services Launch
Wednesday, March 31, 2021 - 11:17am | 198Read More...Oracle Corp (NYSE: ORCL) rolled out a novel Oracle Cloud Lift Services for quicker migration of workloads to Oracle Cloud Infrastructure (OCI) at no extra cost to the existing and new global Oracle Cloud customers. Oracle's new program offers a single point of contact for...
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Why Analysts See More Upside To Baidu Stock Over The 200% Surge In Past Year
Tuesday, March 23, 2021 - 5:46am | 517Read More...Chinese internet firm Baidu Inc.’s (NASDAQ: BIDU) U.S.-listed shares have rallied more than 200% over the past year. Analysts now see further upside for the Chinese technology giant’s shares as it lists in Hong Kong, according to a report by CNBC. What Happened: Shares of Baidu made...
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5 Stocks Top Analysts Are Heavily Bullish On Heading Into April
Monday, March 22, 2021 - 6:19am | 964Read More...Despite inflation fears as the economy reopens after a wider COVID-19 vaccination rollout, there are stocks that analysts are highly bullish on. Here’s a list of best-performing Wall Street analysts’ top five stocks with “Buy” ratings, as compiled by TipRanks. Amazon...
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TA In Advanced Talks For Acquiring Advent's Unit4 Software Business: Bloomberg
Friday, March 19, 2021 - 10:00am | 263Read More...Private equity firm TA Associates was in advanced discussions to acquire Advent International owned enterprise software company Unit4 NV for over $2 billion, Bloomberg reports. Last year, Advent renewed plans to divest Netherlands-based Unit4 after receiving...
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Why Upstart Holdings Stock Jumped 48% Today
Wednesday, March 17, 2021 - 11:14pm | 573Read More...Shares of Upstart Holdings Inc. (NASDAQ: UPST), an artificial intelligence lending platform, surged 48% in extended trading on Wednesday. What Happened: The surge followed Upstart’s announcement that it has agreed to acquire Prodigy Software, Inc., a provider of cloud-based automotive...
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From Amazon Towards Microsoft — Why 'Tide Is Shifting In The Cloud Arms Race'
Tuesday, March 16, 2021 - 4:25am | 501Read More...Microsoft Corporation (NASDAQ: MSFT) is poised to chip away further market share from Amazon.com, Inc (NASDAQ: AMZN) cloud subsidiary Amazon Web Services, according to Wedbush Securities. The Microsoft Analyst: Wedbush analyst Daniel Ives maintained his Outperform rating and $300 price target...
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Proofpoint To Acquire Data Security Provider InteliSecure For $62.5M
Monday, February 22, 2021 - 1:11pm | 291Read More...Cybersecurity company Proofpoint, Inc. (NASDAQ: PFPT) inked an agreement to acquire data security provider InteliSecure, Inc for $62.5 million in cash to consolidate its cloud-based people-centric security platform. The acquisition is expected to close during the first...
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CrowdStrike To Acquire XDR Company Humio For $400M
Thursday, February 18, 2021 - 10:34am | 235Read More...CrowdStrike Holdings, Inc. (NASDAQ: CRWD) is set to acquire cloud log management and observability technology provider Humio for $400 million to expand its eXtended Detection and Response (XDR) capabilities. "The combination of real-time analytics and smart filtering built...
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Palo Alto Networks To Acquire Cloud Security Company Bridgecrew For $156M
Tuesday, February 16, 2021 - 11:31am | 262Read More...Palo Alto Networks Inc (NYSE: PANW) inked an agreement to acquire developer-first cloud security company Bridgecrew for $156 million in cash to deliver security across the full application lifecycle. The company’s Prisma Cloud customers will gain from a single...
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Accenture Acquires UK-Based Infinity Works To Bolster Its Cloud And Engineering Competences
Tuesday, February 16, 2021 - 10:37am | 253Read More...Accenture Plc (NYSE: ACN) has acquired cloud and digital transformation consultancy Infinity Works to bolster the cloud delivery and engineering capabilities of Accenture Cloud First in the U.K. The financial terms of the acquisition remain undisclosed. This week, Accenture acquired U.K...
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Cloud Solution Provider Cloopen Group Raises $320M In Upsized IPO
Tuesday, February 9, 2021 - 1:19pm | 215Read More...Chinese cloud-based communications solution provider Cloopen Group Holding Limited (NYSE: RAAS) priced 20 million shares at $16 per share in its upsized initial public offering (IPO) to rake $320 million in offering proceeds. Cloopen provides cloud-based communications...
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Lightspeed POS Clocks High Q3 Transaction Volume Growth, Shares Spike
Thursday, February 4, 2021 - 11:36am | 295Read More...Lightspeed POS Inc. (NYSE: LSPD) reported third-quarter revenue growth of 79% year-over-year to $57.6 million, thanks to the growing adoption of its cloud-based platform for omnichannel strategies by small and medium-sized businesses. Revenue growth excluding the ShopKeep and...
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ON24 Prices IPO At $50, Raises $316M
Wednesday, February 3, 2021 - 10:11am | 188Read More...Cloud computing platform maker ON24, Inc. (NYSE: ONTF) has priced 8.56 million shares at $50 per share in an initial public offering (IPO), collecting gross proceeds of $315.7 million. The IPO included 2.24 million offered by the existing shareholders. The underwriters have a...
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Amazon, Microsoft 'Cloud Arms Race Hitting Another Gear' With Bezos Replacement: Wedbush
Wednesday, February 3, 2021 - 2:36am | 457Read More...The elevation of Amazon.com, Inc (NASDAQ: AMZN) executive Andy Jassy, who heads Amazon Web Services, to the position of CEO represents that "cloud arms race" with rival Microsoft Corporation (NASDAQ: MSFT) is "hitting another gear," as per Wedbush analyst Daniel Ives....
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Wedbush Raises Target As It Predicts Cloud Services Will Lift Microsoft Above Wall Street Estimates
Sunday, January 24, 2021 - 3:23pm | 408Read More...Microsoft Corporation (NASDAQ: MSFT) likely will beat Wall Street's expectations, and the software giant's cloud computing capabilities around Azure will be a key factor in its success, a Wedbush analyst said on Sunday. What Happened: Wedbush Analyst Daniel Ives has an outperform...
