AWS

Tech giant IBM (NYSE: IBM) reached an agreement to acquire open source cloud software provider Red Hat Inc (NYSE: RHT) for $190 per share in cash, representing a premium of more than 60 percent compared to Red Hat's Friday closing price of $116.68. Once the deal is complete, Red Hat will be...

Amazon.com, Inc. (NASDAQ: AMZN) shares have taken a slight hit after the company’s third-quarter earnings release. Q3 Highlights Sales totaled $56.576 billion, missing estimates of $57.1 billion. Sales increased 29.33 percent from the third quarter of 2017. Operating cash flow increased...

Amazon.com, Inc. (NASDAQ: AMZN) is expected to report third-quarter earnings Thursday. Analyst estimates call for earnings of $3.12 per share on sales of $57.1 billion. Higher Minimum Wage 'Squarely In Focus' Amazon’s growth in advertising, Amazon Web Services and third-party sales...

Salesforce.com, inc. (NYSE: CRM) CEO Marc Benioff this week introduced a new partnership with Apple Inc. (NASDAQ: AAPL), but his relationship with the iPhone maker goes back decades. What To Know Benioff's relationship with Apple dates back to the 1980s when he worked at the company as a...

This year is one of inflection for the entire cloud software space, with companies like Twilio Inc (NYSE: TWLO) expected to see a surge in demand for their products and services over the next five years, according to KeyBanc Capital Markets.  The Analyst KeyBanc's Brent Bracelin upgraded...

Morgan Stanley turned incrementally bullish on two of the four "FANG" stocks Wednesday: Amazon.com, Inc. (NASDAQ: AMZN) and Google's parent company Alphabet Inc (NASDAQ: GOOG) (NASDAQ: GOOGL). The Analyst Morgan Stanley's Brian Nowak maintains an Overweight rating on Amazon with a...

Amazon.com, Inc. (NASDAQ: AMZN) reported earnings for the second quarter Thursday. Earnings per share and sales came in at $5.07 and $5.29 billion, respectively. The company also issued guidance for Q3 just below consensus estimates, but with significantly higher operating profits. It was this...

Amazon.com, Inc. (NASDAQ: AMZN) reported Thursday its second-quarter results, which showed the true "power" of its multiple business lines, according to Morgan Stanley. The Analyst Morgan Stanley's Brian Nowak maintains an Overweight rating on Amazon with a price target lifted from $1...

Ahead of retail giant Walmart Inc (NYSE: WMT)'s annual investor day presentation, ex-Walmart U.S. CEO Bill Simon laid out some questions that might be on investor's minds. Walmart Is A Different Company Today Simon departed Walmart in 2014, and much has changed at the corporate level, the...

As Amazon.com, Inc. (NASDAQ: AMZN) evolved from online bookstore to the dominant force in e-commerce, the company had to break up its “monolithic” software, Amazon Web Services' Stephen Orban told the 2018 Benzinga Global Fintech Awards on Wednesday. The effort led to what is now...

Amazon.com, Inc. (NASDAQ: AMZN) was reported last week to be building out a health and wellness team within its Alexa division to better integrate the assistant in health care. Loup Ventures considers this program just the start of a broader, three-pronged invasion of the $3.3 trillion industry....

Cloud computing software company Nutanix Inc (NASDAQ: NTNX) saw its stock fall nearly 5 percent Friday afternoon. What Happened Nutanix had hoped to launch a public cloud platform in the bottom half of 2018 that would rival industry leader Amazon.com, Inc. (NASDAQ: AMZN)'s AWS, Bloomberg...

Former Wall Street research analyst-turned-venture capitalist Gene Munster said Amazon.com, Inc. (NASDAQ: AMZN)'s first-quarter report shows the e-commerce giant continues to flex its "profit muscle." The Expert Munster, a managing partner at Loup Ventures, commented on Amazon's...

Amazon.com, Inc. (NASDAQ: AMZN) reported first-quarter results Thursday that exceeded even the company's own expectations, according to Morgan Stanley.  The Analyst Morgan Stanley's Brian Nowak maintains an Overweight rating on Amazon's stock with a price target lifted from...

Amazon.com, Inc. (NASDAQ: AMZN) is scheduled to report its first-quarter results after Thursday's market close and now isn't the time for investors to be aggressive on the stock, according to KeyBanc. The Analyst KeyBanc Capital Markets' Edward Yruma maintains a Sector Weight rating...