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cloud-computing: Archive

Zacks Equity Research

Meta Platforms' (META) Q3 Earnings Beat, Revenues Up Y/Y

Meta Platforms' (META) third-quarter 2023 performance benefits from higher advertising revenues and expanding user base.

EGANNegative Net Change PINSPositive Net Change FSLYPositive Net Change METANegative Net Change

Zacks Equity Research

IBM Beats Q3 Earnings Estimates on Resilient Cloud Demand

A healthy demand for hybrid cloud and AI solutions with a client-focused portfolio and broad-based growth help IBM beat third-quarter 2023 earnings estimates.

IBMPositive Net Change ANETNegative Net Change BANDNegative Net Change

Zacks Equity Research

Can Solid Revenue Improvement Aid Arista (ANET) Q3 Earnings?

Solid demand for cloud networking solutions and portfolio strength is likely to enable Arista (ANET) record higher revenues year over year in the third quarter of 2023.

INTCNegative Net Change SIMONegative Net Change ANETNegative Net Change METANegative Net Change

Mark Vickery

Big Earnings Beats for Microsoft, Visa, Snap & Others

Microsoft (MSFT) shares gained +4% on better-than-expected results, while Alphabet (GOOGL) sold off on a miss in its cloud business.

BAPositive Net Change TXNNegative Net Change MSFTPositive Net Change VPositive Net Change IBMPositive Net Change GOOGLPositive Net Change SNAPPositive Net Change METANegative Net Change

Derek Lewis

Meta & Amazon Earnings Loom: A Closer Look

Both companies have enjoyed positive top and bottom line estimate revisions, with each also expected to post sizable growth relative to the same period last year. Will shares pop?

AMZNPositive Net Change METANegative Net Change

Ethan Feller

Amazon is Growing Earnings at a Freakish Pace

Amazon is projected to grow its EPS faster than any other Mega Cap technology stock over the next 3-5 years

AMZNPositive Net Change MSFTPositive Net Change GOOGLPositive Net Change METANegative Net Change

Zacks Equity Research

Atlassian (TEAM) Gains From Digital Transformation & Buyouts

Atlassian (TEAM) is experiencing remarkable growth, driven by rising demand for its cloud-based solutions and sustained focus on strengthening its product portfolio through acquisitions and partnerships.

ADBEPositive Net Change GOOGLPositive Net Change TEAMNegative Net Change DBXPositive Net Change

Zacks Equity Research

Will Solid AWS Momentum Aid Amazon's (AMZN) Q3 Earnings?

Amazon's (AMZN) third-quarter 2023 performance is expected to have benefited from AWS' portfolio strength and expanding customer base.

AMZNPositive Net Change DELLNegative Net Change OXYPositive Net Change AMATNegative Net Change

Ethan Feller

Alphabet Earnings Preview: The Best Mega Cap Tech Stock in the Market?

Alphabet, along with the rest of the rest of the Mega Cap technology sector has enjoyed a stellar performance in 2023, rallying 69% YTD

AMZNPositive Net Change MSFTPositive Net Change GOOGLPositive Net Change

Derek Lewis

Microsoft & Alphabet Earnings: What Key Metrics Say

Earnings season shifts into a much higher gear this week, with big tech taking center stage. What metrics should investors keep tabs on?

MSFTPositive Net Change GOOGLPositive Net Change

Zacks Equity Research

Will Google Cloud Strength Aid Alphabet's (GOOGL) Q3 Earnings?

Alphabet's (GOOGL) third-quarter performance is expected to have benefited from its solid Google Cloud momentum.

DELLNegative Net Change AMATNegative Net Change GOOGLPositive Net Change ANETNegative Net Change

Zacks Equity Research

Azure Cloud Strength to Aid Microsoft's (MSFT) Q1 Earnings

Microsoft's (MSFT) fiscal first-quarter 2024 performance is likely to have been aided by continued momentum in the Azure cloud platform and advancements in generative AI to sustain growth.

AMZNPositive Net Change MSFTPositive Net Change MCOPositive Net Change GOOGLPositive Net Change

Zacks Equity Research

Hewlett Packard (HPE) Falls on FY23 GAAP EPS Outlook Cut

Hewlett Packard (HPE) stock declines in the pre-market trade today as the company lowered its fiscal 2023 GAAP diluted net earnings per share forecasts.

NVDANegative Net Change SPLKPositive Net Change PANWPositive Net Change HPENegative Net Change

Ethan Feller

Is Microsoft Stock a Buy Going into Earnings?

I think investors should keep a close eye on next week¿¿¿s earnings report from Microsoft as it may set the stock, and broader market, up for that year-end rally

GOOGPositive Net Change AMZNPositive Net Change MSFTPositive Net Change

Zacks Equity Research

Palo Alto (PANW) Unveils Unified Code to Cloud Intelligence

Palo Alto (PANW) unveils the industry's first integrated Code to Cloud intelligence that offers a single trusted platform for developers and security teams.

NVDANegative Net Change SNPSNegative Net Change SPLKPositive Net Change PANWPositive Net Change

Zacks Equity Research

Will Healthy Top-Line Improvement Buoy IBM's Q3 Earnings?

IBM is expected to have recorded higher aggregate revenues year over year in third-quarter 2023 primarily driven by healthy cloud demand.

INTCNegative Net Change IBMPositive Net Change SIMONegative Net Change METANegative Net Change

Zacks Equity Research

TD SYNNEX's (SNX) Hyve Solutions Unveils Hercules 9120 Platform

TD SYNNEX's (SNX) wholly owned subsidiary, Hyve Solutions Corporation, unveils its Hercules 9120 ultra-high-density mass storage platform, which contains 768 hard drives per rack.

INTCNegative Net Change AMDNegative Net Change NVDANegative Net Change SNXNegative Net Change

Zacks Equity Research

Micron (MU) Introduces Its 7500 NVMe SSD for Data Centers

Micron (MU) introduces the high-performance and low-latency Micron 7500 NVMe SSD, featuring 232-layer NAND technology.

MUNegative Net Change NVDANegative Net Change SPLKPositive Net Change PANWPositive Net Change

Zacks Equity Research

Infosys (INFY) Extends Digital Services JV With Temasek

Infosys (INFY) extends its joint venture with Temasek, after successfully completing the five years of partnership.

INFYPositive Net Change NVDANegative Net Change SNPSNegative Net Change PANWPositive Net Change

Zacks Equity Research

CyberArk (CYBR) Unveils New Security Features Within ISP

CyberArk (CYBR) introduces new cloud access security features within its Identity Security Platform.

AMATNegative Net Change SPLKPositive Net Change PANWPositive Net Change CYBRPositive Net Change

Zacks Equity Research

Microsoft (MSFT) May Contest IRS Claim of $28.9B in Back Taxes

Microsoft (MSFT) receives a tax notice from the U.S. Internal Revenue Service requesting the added payment of $28.9 billion in relation to its 2004 to 2013 tax years.

AMZNPositive Net Change AAPLPositive Net Change MSFTPositive Net Change ATVINegative Net Change

Zacks Equity Research

What Makes HubSpot (HUBS) an Enticing Investment Option Now?

With healthy fundamentals and upward estimate revisions, HubSpot (HUBS) appears to be an enticing investment option at the moment.

MSINegative Net Change ANETNegative Net Change HUBSPositive Net Change UINegative Net Change

Ethan Feller

Bull of the Day: Palo Alto Networks (PANW)

Palo Alto Networks continues to gain traction thanks to secular trends in Cloud Services and AI

PANWPositive Net Change

Zacks Equity Research

AMD Expands Open AI Software Capabilities With Nod.ai Buyout

AMD expands its open AI software capabilities with the recently announced acquisition of Nod.ai, a provider of compiler-based automation software.

AMDNegative Net Change MSFTPositive Net Change DELLNegative Net Change NVDANegative Net Change

Derek Lewis

Bull of the Day: Amazon (AMZN)

Market heavyweight Amazon has helped lead the market's surge in 2023, with shares up more than 50%. Can the rally continue into year-end?

AMZNPositive Net Change