cloud computing

Nutanix Inc (NASDAQ: NTNX) reported fiscal first quarter results that exceeded estimates after the close Thursday. Billings rose a solid 32 percent year-over-year to $315.3 million and deferred revenue climbed 48 percent to $408.8 million. The company issued upbeat bottom-line guidance, while...

Cloud content management and file sharing services provider Box Inc (NYSE: BOX) reported 16 percent revenue growth and 26 percent billings growth Wednesday after the close. The bottom line revealed a narrower net loss of 13 cents per share on a non-GAAP basis, in line with the consensus....

Given salesforce.com, inc. (NYSE: CRM)’s large market opportunity, continued market share gains across product lines, cross-sell and up-sell opportunities of new offerings, and a boost in operating leverage, Credit Suisse perceives significant potential to boost operating cash flow in the...

Gone are the days when the First Trust Cloud Computing ETF (NASDAQ: SKYY) was assailed as a niche fund, too narrowly focused to make it in the hyper-competitive world of exchange-traded funds. SKYY turned six years old earlier this month, and the lone ETF dedicated to the fast-growing cloud...

Instead of producing a Triple Crown winner, this year's Belmont will be void of the winner of the Kentucky Derby (Always Dreaming) and the Preakness Stakes (Cloud Computing), as well as the runner-up of the Preakness (Classic Empire). In just another testament to the grueling nature and timing...

Reviewing Amazon.com, Inc. (NASDAQ: AMZN)'s first-quarter results, Oppenheimer said it believes investments in cloud will help the company stave off competition from Alphabet Inc (NASDAQ: GOOG) (NASDAQ: GOOGL) and Microsoft Corporation (NASDAQ: MSFT). Smallest EBIT Margin Growth At AWS Analysts...

Microsoft Corporation (NASDAQ: MSFT)'s Azure collection of integrated cloud services will help its Intelligent Cloud business generate more than 10 percent growth in fiscal 2018, BMO Capital Markets analyst Keith Bachman estimated Friday. “Moreover, we believe Microsoft’s advantage in...

Among a few tech companies speculated to be readying for an IPO is Dropbox. The software-as-a-service, or SaaS company, offers cloud storage, file synchronization, personal cloud and client software. The News A Bloomberg report, citing people familiar with the plan, said on Thursday Dropbox is...

Amazon.com, Inc. (NASDAQ: AMZN) faced a setback Tuesday due to an outage at its cloud computing platform — Amazon Web Services, or AWS. Does this development open a window for competing platforms to pick up market share? Outage Brings Down Internet Services Amazon said its cloud service...

Cloud computing has been one of the major themes in the tech world and on Wall Street in the past couple of years, but is it too late to be investing in the cloud in 2017? According to Pacific Crest analyst Brent Bracelin, there is still plenty of money to be made on the cloud. In a new report,...

Cloud service provider Akamai Technologies, Inc. (NASDAQ: AKAM) has been identified as a potential takeover target by investment research firm Oppenheimer. Cloud Computing And Akamai The cloud computing industry has been horizontally structured for the past 16 years, but Oppenheimer is expecting...

Deutsche Bank upped his price target on Microsoft Corporation (NASDAQ: MSFT) shares to $75 following upbeat tone from the company on cloud computing/technology at a meeting with Deutsche Bank analysts. The Cloud The commercial cloud (Office 365, Azure, Dynamics Online) business of Microsoft is now...

Oracle Corporation (NYSE: ORCL) is scheduled to report its fiscal year 2017 second-quarter results on December 15 after market close. D.A. Davidson’s Jack Andrews maintains a Buy rating on the company, with a price target of $52. Fundamentals Remain Healthy Andrews believes Oracle’s...

In 2006, Amazon.com, Inc. (NASDAQ: AMZN) made its web-scale application infrastructure, which was until then being used for its own e-commerce platform, available to external users. With this move, the company marked the beginning of the public cloud movement. “This business, Amazon Web...

Cloud seems to be the "in thing" now. Most technology companies are climbing onto the cloud bandwagon, convinced of the future it has in terms of both prospects and potential. Top tech companies such as Amazon.com, Inc. (NASDAQ: AMZN) are leveraging the cloud and reaping the benefit. Against this...