cloud

Cisco Systems, Inc. (NASDAQ: CSCO) reported broadly in-line FQ1 results, but announced weak guidance for FQ2. Expressing concern around Cisco’s market share contraction and limited exposure to cloud, Goldman Sachs’ Simona Jankowski said in a report that Juniper Networks, Inc. (NYSE:...

In 2006, Amazon.com, Inc. (NASDAQ: AMZN) made its web-scale application infrastructure, which was until then being used for its own e-commerce platform, available to external users. With this move, the company marked the beginning of the public cloud movement. “This business, Amazon Web...

Cloud seems to be the "in thing" now. Most technology companies are climbing onto the cloud bandwagon, convinced of the future it has in terms of both prospects and potential. Top tech companies such as Amazon.com, Inc. (NASDAQ: AMZN) are leveraging the cloud and reaping the benefit. Against this...

Brian White of Drexel Hamilton has downgraded Tableau Software Inc (NYSE: DATA) to Hold from Buy following the tepid third-quarter revenue and “chilling” outlook that suggests the company has lost its competitive advantage in the crowded cloud market. Mixed Q3 Tableau reported third-...

Nutanix Inc (NASDAQ: NTNX), a provider of an enterprise cloud platform, saw its shares trade for the first time on the public market on September 30. Nutanix's stock opened trading at $26.50 after pricing its IPO at $16 per share. On Wednesday, shares opened at $29.40, and after one hour, the stock...

Twilio Inc (NYSE: TWLO) shares are now down 34.7 percent in the past month after skyrocketing more than 300 percent from their IPO price in a matter of months. One of the biggest bearish drivers in recent weeks has been the company’s 7 million-share secondary offering completed last week. For...

Microsoft Corporation (NASDAQ: MSFT) shares closed up over 4 percent in a weak Friday session following an earnings report that Bank of America describes as strong “across the board.” Analyst Kash Rangan is particularly impressed by Microsoft’s cloud numbers and management...

Microsoft Corporation (NASDAQ: MSFT) shares are soaring more than 4.0 percent in a weak session on Friday following a strong Q3 earnings report. William Blair analyst Jason Ader believes the company’s cloud computing numbers are most impressive of all. Following the report, Ader has upgraded...

BTIG’s Edward Parker started coverage of Nutanix Inc (NASDAQ: NTNX) with a Neutral rating, as he advises investors to wait for a better entry point. Nutanix is a leading provider of hyper-converged infrastructure (HCI), in which storage and computing assets are collapsed into a single tier....

Amazon.com, Inc. (NASDAQ: AMZN)'s Amazon Web Services (AWS) and VMware, Inc. (NYSE: VMW) revealed a tactical partnership to create and deliver a flawlessly integrated hybrid offering. This would give their customers a "full software-defined data center experience (SDDC)." The two companies...

Cloud9 Technologies, a provider of secure communications platforms for financial institutions, closed on a $30 million funding round led by JPMorgan Chase & Co. (NYSE: JPM). ICAP plc (ADR) (OTC: IAPLY), Barclays PLC (ADR) (NYSE: BCS) and Point72 Ventures also participated in the round, as well...

Previewing the fiscal second-quarter results of Alibaba Group Holding Ltd (NYSE: BABA), SunTrust noted that core profitability remains strong, despite the near-term investments headwinds. The firm sees strong investor sentiment and business momentum, based on the company's analyst day takeaways...

JPMorgan said in a research note on Monday that the market is undervaluing salesforce.com, inc. (NYSE: CRM), which it terms as the most valuable cloud asset. Analyst Mark Murphy said conversations with more than a dozen industry contacts reinforce his confidence in the favorable long-term outlook...

Apple Inc. (NASDAQ: AAPL) is looking to dominate the fast growing and lucrative cloud market, but a change to the company's corporate structure is needed first. According to a Bloomberg report, Apple is looking to bring together its internet services groups into one single campus so it can better...