cloud computing

Nutanix Inc (NASDAQ:NTNX) shares are trading higher in Wednesday’s after-hours session on the heels of the company’s fiscal fourth-quarter financial results. Here’s a rundown of the print. Q4 Revenue: $547.95 million, versus estimates of $536.94 million Q4 EPS: 27 cents, versus...

Governments in Asia, the Middle East, Europe, and the Americas are pouring billions into new domestic AI computing facilities, presenting a significant growth opportunity for tech companies like NVIDIA Corp (NASDAQ:NVDA). This trend, advocating for sovereign AI investments, is expected to generate...

Amazon.com Inc (NASDAQ:AMZN) has consistently shown growth across its diverse business segments, from e-commerce to cloud computing. While the bullish outlook for the Seattle-based company is well-documented, understanding the potential risks is crucial for a balanced investment strategy. A recent...

A top Morgan Stanley fund manager has identified a stock that could potentially benefit from the increasing power demands of artificial intelligence (AI). What Happened: Aaron Dunn, who manages the Morgan Stanley U.S. Value Fund, has highlighted the growing power needs of AI as a potential...

Amazon.com Inc‘s (NASDAQ:AMZN) cloud computing arm, Amazon Web Services (AWS), is set to make a substantial investment in Japan. What Happened: AWS has announced plans to invest 2.26 trillion yen ($15.24 billion) in Japan by 2027. This investment is aimed at expanding the cloud computing...

Global X’s investment chief, Jon Maier, reflects on the investment landscape for 2024, which is shaping up to be particularly interesting, thanks to AI-related stocks, cloud computing, cybersecurity, emerging markets, and small caps for potential growth. What Happened: Maier, who is...

Amazon.com Inc‘s (NASDAQ:AMZN) recent announcement about teaming up with Malaysia-based startup Aerodyne opens up a $15 billion opportunity window for the company. Aerodyne ranked first among the top 40 remote sensing companies in the world last year by German market research company, Drone...

Snowflake Inc (NYSE: SNOW) shares were climbing in early trading on Thursday after the company reported upbeat third-quarter results. The results came amid an exciting earnings season. Here are some key analyst takeaways from the earnings release. Oppenheimer On Snowflake Analyst Ittai Kidron...

PagerDuty, Inc. (NYSE: PD) shares are trading lower in Monday's after-hours session after the company announced a proposed private placement of $350 million of convertible senior notes. What To Know: PagerDuty announced its intention to offer a $350 million principal amount of convertible...

U.S. stocks ended in the green on Wednesday with the Nasdaq Composite marking a gain of around 75 points on Wednesday. The Dow Jones Industrial Average edged up by 0.11%, settling at 34,890.24, while the NASDAQ climbed by 0.54% to reach 14,019.31. Not to be left behind, the S&P 500 also...

As the global tech sector grapples with supply chain disruptions, NVIDIA Corporation (NASDAQ:NVDA) has reportedly made a bold move to triple the production of its highly sought-after H100 AI processor for the year 2024. This strategic response comes as supply chain challenges...

The retail earnings season starts this week, with Walmart, Inc. (NYSE:WMT) and Target, Inc. (NYSE:TGT) releasing their quarterly results on Wednesday and Thursday, respectively. What Happened: Ahead of the earnings, CNBC Mad Money host Jim Cramer offered his take on the shares of the retail giant...

U.S. stocks ended in the green on Tuesday, with the Nasdaq Composite rising more than 80 points. The Dow traded up 0.08% to 35,438.07 while the NASDAQ rose 0.61% to 14,144.56. The S&P 500 also rose, gaining 0.28% to 4,567.46. These are the top stocks that gained the attention of retail traders...

The U.S. is preparing to restrict Chinese companies from accessing to U.S. cloud-computing services from Amazon.com, Inc (NASDAQ: AMZN) and Microsoft Corp (NASDAQ: MSFT).  What Happened: If the new rule is implemented, it would mandate U.S. cloud-service providers to obtain...

This story was originally published on the Benzinga India portal. In an ambitious move, Amazon (NASDAQ: AMZN) announced on Thursday its plans to pour $12.7 billion to bolster its cloud infrastructure in India by 2030. This comes as the e-commerce behemoth redoubles efforts to...