cloud

Salesforce.com, inc.'s (NYSE: CRM) second-quarter results came in better than expected. On top of an earnings and sales beat, management guided third-quarter results ahead of expectations and lifted its full-year sales guidance. Shares of Salesforce moved higher Friday and multiple analysts...

Enterprise software company VMware, Inc. (NYSE: VMW) confirmed it acquired a security startup company called Intrinsic to better position itself to the cloud. What Happened San-Francisco-based Intrinsic operates a platform that secures important data and allows software developers to securely tap...

NetApp Inc. (NASDAQ: NTAP) reported fiscal first-quarter results, which beat analyst expectations but NetApp CEO George Kurian acknowledged he's disappointed with the revenue performance -- a sentiment shared by some Street analysts. The Analysts Wells Fargo analyst Aaron Rakers maintains a...

Cloud company salesforce.com, inc. (NYSE: CRM) should be considered a core holding due to an impressive business model that showed a durable growth profile over the past decade, according to Compass Point. The Analyst Compass Point analyst Marshall Senk initiated coverage of Salesforce with a...

Cloud-as-a-service has emerged as a growth driver for many companies, which explains the huge investments made by some big-name companies such as Amazon.com, Inc. (NASDAQ: AMZN) and Alphabet Inc (NASDAQ: GOOGL) (NASDAQ: GOOG). Betting On Chinese Cloud Services As with most other innovative...

Big tech faces new scrutiny from regulatory and government bodies as the Federal Trade Commission is taking a close look at Facebook, Inc. (NASDAQ: FB)'s acquisition history. Meanwhile, the Federal Reserve reportedly paid Amazon.com, Inc. (NASDAQ: AMZN) a visit to examine its cloud business....

Intel Corporation (NASDAQ: INTC) CEO Bob Swan said in a CNBC interview the company's decision to sell its modem business to Apple Inc. (NASDAQ: AAPL) was based on its view that only serving Apple was "unattractive." 5G Strategy Intel's largest opportunity within the 5G universe is...

E-commerce giant Amazon.com, Inc. (NASDAQ: AMZN) reported second-quarter results that fell short of expectations across multiple metrics. Amazon earned $5.22 per share in the quarter on revenue of $63.4 billion. This compares to the Street's expectations of $5.58 per share and $62.4 billion....

Citrix Systems, Inc. (NASDAQ: CTXS) reported second-quarter results that fell notably short of the Street's estimates, but Wedbush says investors should accept "near-term pain for long-term gains." The Analyst Wedbush's Daniel Ives maintains a Neutral rating on Citrix Systems with...

ServiceNow Inc (NYSE: NOW) reported second-quarter results, highlighted by a modest billings beat. Revenue grew by 35% year-over-year and subscription revenue was higher by 36% year-over-year. Management lifted GAAP subscription revenue guidance for the full fiscal year from $3.243 billion to $3.25...

IBM (NYSE: IBM) reported second-quarter results, which one analyst praised for showing growth in important areas while another said cloud revenue was a "real weak spot." The Analysts KeyBanc's Arvind Ramnani maintains at Sector Weight. Morgan Stanley's Katy Huberty doesn'...

Tech giant Oracle Corporation (NYSE: ORCL) was eliminated from a contract with the U.S. government in April and has lost a legal challenge it mounted over the decision, Bloomberg reported Friday. The Pentagon eliminated Oracle from a four-way bidding process with a $10-billion cloud contract...

There is a tech offering in the pipeline that's likely to satiate growth-hungry investors. The IPO Terms San Francisco, California-based Medallia, Inc. (NYSE: MDLA) on Monday filed for a 14.50-million common stock offering at an estimated price range of $16-$18 apiece, according to the...

The quite period for Crowdstrike Holdings Inc (NASDAQ: CRWD) has come to an end after its initial public offering on June 12. Multiple analysts are now able to publicly discuss their thoughts on the cloud-delivered cybersecurity company that leverages artificial intelligence to protect customers....