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Governments And Banks Are Trying To Reduce Their Reliance On Big Tech
Thursday, November 14, 2019 - 2:16pm | 728Read More...The rise of Big Tech has a lot of people concerned. But while the spread of misinformation and election interference has garnered most of the headlines, the real concern shared by governments and business leaders around the world is where our data is being stored. German Chancellor Angela Merkel...
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Microsoft Trades Higher On $10B Cloud Computing Deal With Pentagon
Monday, October 28, 2019 - 7:59am | 221Read More...Microsoft Corporation (NASDAQ: MSFT) shares are trading higher following confirmation the company has won $10 billion cloud computing contract from the Pentagon. The Joint Enterprise Defense Infrastructure Cloud (JEDI) contract will modernization the Pentagon and is meant to make its technology...
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Cloud Competitors: How Amazon Web Services, Microsoft Azure's Quarterly Performance Stacks Up
Friday, October 25, 2019 - 3:13pm | 512Read More...Big tech companies have found varying degrees of success with cloud services. Amazon.com, Inc. (NASDAQ: AMZN), with its Amazon Web Services is often viewed as the pioneer in cloud computing. The online retail giant made a prudent decision when it decided to diversify into the cloud, an...
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Amazon's Stock Falls After Q3 Earnings Miss, Lower Sales Forecast
Thursday, October 24, 2019 - 4:14pm | 288Read More...Amazon.com, Inc. (NASDAQ: AMZN) posted mixed third-quarter results Thursday, with the e-commerce platform reporting earnings of $4.23 per share, missing a $4.60 Street estimate, and sales of $69.98 billion that beat a $68.79-billion estimate. The company reported a 4.5% operating margin in the...
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Cloud Competition: Is Digital Ocean The Next AWS?
Wednesday, October 2, 2019 - 4:36pm | 445Read More...Founded in 2012, Digital Ocean is a leading cloud service offering virtual private servers and managed databases. Initially primarily focused on small independent developers and hobbyists, the company is quickly adding products such as managed Kubernetes and databases such as PostgreSQL that seem...
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Big Tech Faces Big Scrutiny: FTC Looking Into Facebook, Federal Reserve Pays Amazon A Visit
Friday, August 2, 2019 - 9:27am | 421Read More...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....
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Analysts Aren't Shaken By Amazon's Q2 Earnings
Friday, July 26, 2019 - 11:21am | 698Read More...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....
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JEDI Masters: Amazon, Microsoft Battle To Build Pentagon's 'War Cloud'
Wednesday, July 10, 2019 - 3:09pm | 550Read More...Who will be the military’s Jedi master? That’s not a metaphor: The U.S. Court of Federal Claims heard a case Wednesday that will play a part in determining which of the country’s largest cloud computing companies will get to build the future of military data handling; the Pentagon...
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Amazon Resolves External Connection Issues With AWS
Monday, June 24, 2019 - 10:53am | 205Read More...Amazon.com, Inc. (NASDAQ: AMZN) confirmed there were connectivity issues due to AWS that have now been resolved, according to Reuters. In an update posted by Bleepingcomputer.com, Amazon's outage caused load time issues on Amazon.com and browsers experienced trouble connecting. Amazon...
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Analysts React To Amazon's Q1: Everyone Remains A Bull
Friday, April 26, 2019 - 11:55am | 1222Read More...Amazon.com, Inc. (NASDAQ: AMZN) reported a notable beat on the profit line in its first-quarter results, although management's operating profit outlook for the second quarter fell short of expectations. Here is a summary of how some of the Street's top analysts reacted to the print. The...
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Amazon Wins Another Bull After KeyBanc Upgrades Stock
Friday, March 15, 2019 - 11:16am | 366Read More...Amazon.com, Inc. (NASDAQ: AMZN) accelerated its profitability over the last few years, and one analyst suspects targeted efforts to improve retail margins will drive an impending inflection. The Rating KeyBanc Capital Markets analyst Edward Yruma upgraded Amazon from Sector Weight to Overweight...
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Pivotal Still Sees Plenty Of Growth Opportunities At Amazon
Monday, January 7, 2019 - 10:10am | 404Read More...Amazon.com, Inc. (NASDAQ: AMZN) is more than just one of the world's largest retailers as it also operates one of the world's biggest software business and has exposure to a fast-growing and high-margin advertising business, according to Pivotal. The Analyst Pivotal Research Group's...
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Why An AWS Spin-Off Could Be Amazon's Best Strategic Move
Thursday, December 6, 2018 - 2:11pm | 546Read More...Big U.S. tech companies are facing increasing regulatory scrutiny for their size and influence in the American economy. New York University marketing professor Scott Galloway said on Monday that spinning-off its Amazon Web Services cloud business could be the perfect solution for Amazon.com, Inc. (...
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KeyBanc Sees 'Significant Runway' For AMD In Cloud Data Processors
Monday, November 26, 2018 - 4:05pm | 544Read More...Following Advanced Micro Devices, Inc. (NASDAQ: AMD)’s announcement surrounding the availability on both Amazon.com, Inc. (NASDAQ: AMZN)’s Amazon Web Services and Microsoft Corp. (NASDAQ: MSFT)’s Azure, the company’s instance count is expected to accelerate, according...
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Victor Anthony Says Buy Into Amazon's Weakness, Raises Target To $2,225
Tuesday, October 30, 2018 - 12:28pm | 365Read More...Amazon.com, Inc. (NASDAQ: AMZN) has been one of the hottest stocks in the market over the past several years, but the fun has been on pause for Amazon investors in the past month. Amazon's stock has tanked by 24 percent, but one analyst says the sell-off is an obvious buying opportunity. The...
















