cloud

Dynatrace Inc (NYSE: DT) began trading on the public market earlier this month, and on Monday two Street analysts began coverage of the software intelligence platform company with bullish ratings. The Analysts RBC Capital Markets analyst Matthew Hedberg initiated coverage of...

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...