cloud

Wall Street gets a broad AI demand check after Wednesday's close, with Salesforce Inc. (NYSE:CRM), Snowflake Inc. (NYSE:SNOW), Marvell Technology Inc. (NASDAQ:MRVL) and HP Inc. (NYSE:HPQ) all scheduled to report earnings.  CRM stock is moving ahead of earnings. See the price action here....

Fastly Inc (NASDAQ:FSLY) shares are moving higher Monday afternoon, up 145% over the past month, despite no company-specific news driving the session, as traders appear to continue reacting to the company's strong February earnings report. What do analysts think of FSLY stock? Here’s what...

Speaking at the HKU Business School Edward K Y Chen Distinguished Lecture, Alibaba Group Holdings (NYSE:BABA) chairman Joe Tsai said the company built its cloud business out of urgent need—not strategy—as rising reliance on U.S. technology vendors put its future profitability at risk. Alibaba...

On Thursday, Alibaba Group Holding Ltd. (NYSE:BABA) said that it will raise $3.2 billion through a zero-coupon convertible bond. Alibaba shares slipped 2.16% in Wednesday's regular session and declined a further 0.40% in after-hours trading, according to Benzinga Pro data. Funding Cloud And Global...

Alphabet Inc.'s (NASDAQ:GOOG) (NASDAQ:GOOGL) Google has deepened its artificial intelligence and cloud ambitions with a $9 billion investment in Virginia infrastructure by 2026, following reports of a $10 billion cloud services deal with Meta Platforms Inc. (NASDAQ:META). Google Bets Big On AI Data...

Microsoft Corp. (NASDAQ:MSFT) continues to solidify its position as a frontrunner in monetizing artificial intelligence (AI), driving substantial gains for investors, explains Nigam Arora as he raises his price target on the Windows maker. What Happened: According to a recent note from the Arora...

On Thursday, Wedbush analyst Dan Ives said that Microsoft Corporation (NASDAQ:MSFT) is outpacing competitors like Amazon.com, Inc. (NASDAQ:AMZN) and Alphabet Inc.'s (NASDAQ:GOOG) (NASDAQ:GOOGL) Google in the cloud and hyperscaling sectors. What Happened: Ives, who has become more bullish on...

Alibaba Group Holding (NYSE:BABA) Alibaba Cloud Intelligent Group founder Wang Jian said the future of artificial intelligence belongs to young people to solve the most challenging problems, transcending human expectations. During a speech, Want said he expects AI to develop at a pace beyond people...

Snowflake Inc (NYSE:SNOW) is gearing up to report its first-quarter results on Wednesday, May 21. Of the 13 datapoints collected on the company ahead of its quarterly results, nine were positive and four cautious, according to Citizens. The Snowflake Analyst: Analyst Patrick Walravens reiterated a...

Microsoft Corp. (NASDAQ:MSFT) is getting closer to a $4 trillion market cap, with Goldman Sachs lifting its 12-month price target from $480 to $550. The firm cited a growing conviction in the tech giant’s AI-first strategy and expanding enterprise cloud dominance. The stock, currently...

Snowflake Inc. (NYSE:SNOW), a cloud-based data storage provider, will report its first-quarter results on Wednesday, May 21. According to Goldman Sachs, Snowflake's fundamentals are strengthening, and the company is likely to report strong quarterly results and guidance. The Snowflake Analyst:...

Amazon.com Inc (NASDAQ:AMZN) reported first-quarter financial results after market close Thursday. Here are the key highlights. What Happened: Amazon.com reported first-quarter net sales of $155.7 billion, up 9% year-over-year. The net sales beat a Street consensus estimate of $155.04 billion...

On Wednesday, Microsoft Corporation (NASDAQ:MSFT) says its focus on cloud services and customer-centric solutions could help the company not just survive a recession, but grow through it. What Happened: During Microsoft's third-quarter earnings call, CEO Satya Nadella addressed a question about how...

Nvidia Corp. (NASDAQ:NVDA) has consistently achieved record revenue over the years, and analysts project continued growth. However, its investments in neo cloud companies may impact revenue, according to an analyst. What Happened: This analyst, who was a former public equity investor in Nvidia on...

Cisco Systems Inc. (NASDAQ:CSCO) exceeded analyst expectations for the second quarter that ended on Jan. 25 and raked over $700 million in artificial intelligence orders in the six months. Massive demand from web-scale clients and inference potential were the central themes that are expected to...