cloud

Twilio Inc (NYSE:TWLO) reported second-quarter financial results after the market close on Thursday. Here’s everything you need to know. Q2 Earnings: Twilio's second-quarter revenue increased 4% year-over-year to $1.08 billion, beating the consensus estimate of $1.06 billion,...

Meta Platforms Inc. (NASDAQ:META) is collaborating with tech giants NVIDIA Corp. (NASDAQ:NVDA), Amazon.com Inc (NASDAQ:AMZN) Web Services (AWS), Alphabet Inc.‘s (NASDAQ:GOOG), (NASDAQ:GOOGL) Google Cloud and Microsoft Corp. (NASDAQ:MSFT) Azure to advance its open-source Llama AI model. What...

Analysts at Wedbush Securities have sounded an optimistic note about Amazon.com Inc.’s (NASDAQ:AMZN) prospects, thanks to its performance in the retail segment. They are also bullish on Amazon’s rising operating margins, growth of the Amazon Web Services business, and AI monetization....

Editor’s Note: This story has been updated with additional details. A widespread Microsoft Corp. (NASDAQ:MSFT) cloud service disruption on Thursday led to the grounding and cancellation of flights for several airlines, including Frontier Group Holdings Inc. (NASDAQ:ULCC), Allegiant Travel...

As Google parent Alphabet Inc (NASDAQ:GOOG) (NASDAQ:GOOGL) is reportedly near a historic $23-billion acquisition of cloud security startup Wiz Inc, the move is being touted as a strategic “poker move” that could set the stage for a seismic shift in the Big Tech M&A landscape....

Shares of Atlassian Corp (NASDAQ:TEAM) were climbing in early trading on Tuesday. Enterprise customers are likely to drive "the next wave of cloud migrations," triggering accelerated cloud growth, according to Piper Sandler. The Analyst: Rob Owens upgraded the rating for Atlassian from Neutral to...

Okta Inc (NASDAQ:OKTA) reported fiscal first-quarter financial results Wednesday after the bell. Here’s a look at key metrics and highlights from the quarter. Q1 Earnings: Okta reported first-quarter revenue of $617 million, which was up 19% year-over-year and came in ahead of analyst...

Box, Inc. (NYSE:BOX) reported its first-quarter financial results after the bell Tuesday. Here's a look at the highlights from the report.  The Details: Box reported quarterly earnings of 39 cents per share which beat the analyst consensus estimate of 36 cents by 8.33%. Quarterly sales came in...

Amazon.com Inc (NASDAQ:AMZN) has consistently shown growth across its diverse business segments, from e-commerce to cloud computing. While the bullish outlook for the Seattle-based company is well-documented, understanding the potential risks is crucial for a balanced investment strategy. A recent...

Snowflake Inc (NYSE:SNOW) reported financial results for the first quarter after the market close on Wednesday. Here’s a look at the key metrics from the quarter. Q1 Earnings: Snowflake said first-quarter revenue increased 33% year-over-year to $828.7 million, beating the consensus...

Fastly, Inc. (NYSE:FSLY) reported its first-quarter financial results after the bell Wednesday. Here's a look at the details.  The Details: Fastly reported quarterly sales of $133.52 million which beat the analyst consensus estimate of $133.1 million and represents a 13.57% increase over sales of $...

Microsoft Corp (NASDAQ:MSFT), Alphabet Inc (NASDAQ:GOOG) (NASDAQ:GOOGL), and Meta Platforms Inc (NASDAQ:META) have each made significant strides in cloud capital expenditure (capex) and artificial intelligence (AI) investments. According to a JPMorgan research report, these actions bode well for AI...

Microsoft Corp. (NYSE:MSFT) will report its fiscal Q3 2024 earnings Thursday, after market close, marking the most pivotal earnings report for the week. The world’s largest corporation has a market of nearly $3 trillion and is currently “in a unique position to scale Gen-AI revenue...

Snowflake Inc (NYSE:SNOW) shares are heating up after the market close on Wednesday following insider buying from the company’s new CEO. What Happened: In a new regulatory filing released Wednesday after the bell, newly appointed Snowflake CEO Sridhar Ramaswamy disclosed the purchase of 31,...

Last week, earnings from Microsoft Corporation (NASDAQ: MSFT), Google-parent Alphabet (NASDAQ: GOOG)(NASDAQ: GOOGL), Apple Inc (NASDAQ: AAPL) and Meta Platforms (NASDAQ: META) closed out January.  Amazon stock rose more than 8% on Thursday in after-hours trading as the e-commerce and...