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A Challenge To Amazon, As Microsoft And FedEx Enter Multiyear Collaboration
Wednesday, May 20, 2020 - 4:27pm | 711Read More...Microsoft Corporation (NASDAQ: MSFT) and FedEx Corporation (NYSE: FDX) will join forces in a multiyear technology and logistics partnership, the companies announced this week. The collaboration, to involve new product development, will combine the global digital and logistics network of FedEx with...
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How Amazon Web Services Stacked Up Against Microsoft's Azure
Saturday, May 2, 2020 - 9:15am | 783Read More...Microsoft Corporation (NASDAQ: MSFT) reported strong fiscal third-quarter results and Amazon.com, Inc. (NASDAQ: AMZN) beat on the top-line in its first quarter, but the e-commerce platform's earnings took a hit from higher fulfillment costs. A common theme that ran through the quarterly results...
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Microsoft Analysts On Redmond's Q3 Beat: 'A Core Growth Holding'
Thursday, April 30, 2020 - 11:47am | 880Read More...Microsoft Corporation (NASDAQ: MSFT) reported strongly quarterly results Wednesday, and the Street is bullish. The Microsoft Analysts Morgan Stanley analyst Keith Weiss maintained an Overweight rating and lifted the price target from $180 to $198. BofA Securities analyst Kash Rangan reiterated...
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Blue Chip Stocks Resisting COVID-19
Tuesday, April 28, 2020 - 11:13am | 798Read More...Blue chips are the mature companies that are the pillars of their industries. In addition to posting strong results quarter after quarter, these are also the companies that continue doing well even in times of economic downturns. Historically, blue chip stocks include IBM (NYSE: IBM),...
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Docusign CEO Attributes Stock Gains To Work-From-Home Reality
Wednesday, April 8, 2020 - 9:57am | 410Read More...Docusign Inc (NASDAQ: DOCU) is among the few strocks trading higher for 2020, and the company is benefiting from the work-from-home trend, CEO Dan Springer said Tuesday on CNBC's "Fast Money." DocuSign's Headwinds, Tailwinds DocuSign is able to satisfy companies' needs...
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IBM Is Getting Ready To Fight For A Place In The Cloud Universe
Tuesday, April 7, 2020 - 1:05pm | 831Read More...It all started when International Business Machines Corporation (NYSE: IBM) joined forces with the open-source software giant Red Hat. The deal was closed in July 2019, after IBM acquired Red Hat for $34 billion. This deal, one of IBM's biggest acquisitions ever, aimed to help the company...
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Instinet On CIO Spending: Switch To Cloud 'Already Evident'
Friday, April 3, 2020 - 7:44am | 340Read More...The coronavirus is now impacting how chief investment officers set their spending budgets as the majority of those surveyed by Instinet suggest a decline in IT spending in 2020. The Analyst Jeffrey Kvaal and other Instinet analysts discuss findings from a semi-annual CIO survey. The Thesis Instinet...
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Analyst Says Microsoft Is Relatively Well-Positioned For A Crisis
Thursday, April 2, 2020 - 11:39am | 417Read More...For investors scouting around for resilient stocks in the face of the COVID-19 crisis, Microsoft Corporation (NASDAQ: MSFT) could be a good bet, according to a Morgan Stanley analyst. The Microsoft Analyst Keith Weiss has an Overweight rating on Microsoft with a $180 price target. The Microsoft...
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Cramer Declares Microsoft The 'Best Tech Stock' To Buy Right Now
Tuesday, March 31, 2020 - 1:45pm | 378Read More...The cloud computing industry is undergoing a "magnificent bull market" and one tech company stands out above others: Microsoft Corporation (NASDAQ: MSFT), according to CNBC's Jim Cramer. Cramer Says Microsoft 'Huge Beneficiary' Of Trend Tens of millions of workers are...
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Why This Microsoft Analyst Says A Security Awakening Is 'Real,' Company A 'Core Growth Holding In Cloud'
Wednesday, February 26, 2020 - 6:02pm | 437Read More...After attending meetings at the RSA Conference 2020 being held this week in San Francisco, one analyst at Piper Sandler came away convinced about the prospect the security segment holds for Microsoft Corporation (NASDAQ: MSFT). The Microsoft Analyst Brent Bracelin maintained an Overweight rating on...
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RingCentral Hits New All-Time High: Here's What The Street Has To Say
Tuesday, February 11, 2020 - 2:20pm | 607Read More...RingCentral Inc (NYSE: RNG) reported fourth-quarter results which sent shares flying to new all-time highs. Here is a summary of how some of the Street's top analysts reacted to the print. Review Ring's fourth quarter was highlighted by a subscription revenue beat of 5% versus a historical...
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Twilio's 2020 Outlook Has Investors Worried: What Does The Street Think?
Thursday, February 6, 2020 - 3:20pm | 543Read More...Cloud communications platform provider Twilio Inc (NYSE: TWLO) reported fourth-quarter results that came in better than expected, but 2020 guidance has some investors concerned. Here is a summary of how some of the Street's top analysts reacted to the print. The Analysts Wells Fargo analyst...
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OK Google, How Is The Street Reacting To Alphabet's Q4 Earnings?
Tuesday, February 4, 2020 - 2:40pm | 671Read More...Alphabet Inc (NASDAQ: GOOG) (NASDAQ: GOOGL) reported mixed fourth-quarter earnings results. A handful of Wall Street analysts offered their take on the quarter and what's next for Google and YouTube. Notably, the company disclosed YouTube advertising revenue, which came in at topped $15 billion...
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Analyst: Microsoft Is Poised To Transform Into 'Cloud Behemoth'
Monday, January 27, 2020 - 5:11pm | 444Read More...Software giant Microsoft Corporation (NASDAQ: MSFT) is scheduled to release its fiscal year 2020 second-quarter results Wednesday after the market close. One analyst at Wedbush is confident of the company outperforming, riding on its cloud strength. The Analyst Wedbush analyst Daniel Ives...
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8 Cloud Stocks To Own In 2020
Monday, January 27, 2020 - 10:00am | 1222Read More...One of the highest-growth secular tech trends of the 2020s will be cloud computing. Gartner projects global public cloud revenue will grow 17% in 2020 to $266.4 billion. Software-as-a-service (SaaS) is the largest segment, which Gartman projects will account for $116 billion in spending this year....
