AWS

Amazon.com, Inc. (NASDAQ: AMZN)'s AWS segment announced a reduction in storage prices for both S3 and Glacier with effect from December 1. This follows the EC2 Compute price cut announced on November 14. “Importantly, we do not view these moves as an indication of competitive pressures or a...

Trip Chowdhry of Global Equities Research commented in a report Thursday that Cisco Systems, Inc.'s (NASDAQ: CSCO) earnings report and guidance reaffirms his prior thesis that the company is losing share to SuperCloud providers, such as Amazon.com, Inc.'s (NASDAQ: AMZN) AWS and Microsoft...

NVIDIA Corporation (NASDAQ: NVDA) reported its October quarter results ahead of expectations and announced another “spectacular” guidance, MKM Partners’ Ian Ing said in a report. He added that the company achieved strong growth in gaming and data center revenues and that “...

Previewing third-quarter results from Amazon.com, Inc. (NASDAQ: AMZN) and Alphabet Inc (NASDAQ: GOOG) (NASDAQ: GOOGL), Credit Suisse raised its price target on the shares of both companies, propelling them to the $1,000 price target club. Budget Deployment Accelerating At Alphabet Based on...

Amazon.com, Inc. (NASDAQ: AMZN)'s Amazon Web Services (AWS) and VMware, Inc. (NYSE: VMW) revealed a tactical partnership to create and deliver a flawlessly integrated hybrid offering. This would give their customers a "full software-defined data center experience (SDDC)." The two companies...

While most investors have certainly heard about cloud computing, many aren’t familiar with what cloud computing is and what the different categories of cloud computing mean. To start, cloud computing is a shift in the way computer services are provided. Instead of downloading software and...

Guggenheim commenced coverage with a Buy rating and $950 price target on Amazon.com, Inc. (NASDAQ: AMZN), citing Amazon Web Services as the key driver for the stock price. The brokerage expects the online retailer to gain from multiple factors. The following factors are listed as favorable...

The growth prospects of Amazon.com, Inc. (NASDAQ: AMZN) seem to be “accelerating more rapidly than the share price,” Argus’s Jim Kelleher said in a report. He upgraded the rating on the company from Hold to Buy, while establishing a 12-month price target of $935. Amazon’...

Just how good is Amazon.com, Inc. (NASDAQ: AMZN)'s AWS segment? According to Trip Chowdhry of Global Equities Research, the answer may be summed up as epic and historical. Amazon reported its second-quarter results after Thursday's market close and said that its AWS segment saw a year-over-year...

Half of the FANG stocks have already reported Q2 earnings, and the other two are set to report after the market close on Thursday. So far, the group has one hit and one miss this earnings season. Back on July 18, Netflix, Inc. (NASDAQ: NFLX) delivered EPS of $0.09, a big beat compared to consensus...

Microsoft Corporation (NASDAQ: MSFT) beat earnings estimates Tuesday with Microsoft Azure growing at a 102 percent rate. Azure is a cloud computing program created for developing and managing applications, and the product's massive growth has confirmed the era of superclouds, according to Global...

According to the report published Wednesday, Pacific Crest analysts (after attending the summit in Santa Clara) believe Amazon.com, Inc. (NASDAQ: AMZN)'s Amazon Web Services (AWS) continues to capitalize on the multiyear secular shift to cloud platforms. "While AWS remains a key enabler within the...

Deutsche Bank said that the notable feature of Amazon.com, Inc. (NASDAQ: AMZN)'s Web Services conference was the added emphasis on "next-gen" data analytics, Docker container, server automation (via Lambda) and IoT services. "AWS focused more on its data analytics services and the new QuickSight...

Amid a fierce battle for supremacy in video advertising dollars, Google (Alphabet Inc (NASDAQ: GOOG) (NASDAQ: GOOGL)), has bought Anvato. Anvato provides a software platform that fully automates the encoding, editing, publishing and secure distribution of video content across multiple platforms....

Red Hat Inc (NYSE: RHT) didn’t update fiscal year 2017 guidance at a recent analyst day attended by Deutsche Bank, but it did share its target of reaching $5 billion in revenues and a sustainable growth rate of 15 percent or more in the medium term. Related Link: Citi Sees 24% Upside In Red...