Microsoft Azure

Famed short seller Jim Chanos has a new industry he’s targeting with bets against a high growth area. Here’s why, despite the growing industry, Chanos sees pain for the market leaders. What Happened: Chanos is getting ready to place a big bet against data centers, according to a report...

The worldwide cloud market grew at a robust clip in the first quarter, and the big three vendors dominated, according to a new report released by Canalys. Cloud Spending Maintains Red-Hot Pace: First-quarter cloud infrastructure spending climbed 34% year-over-year and about 12% from the previous...

The big three cloud vendors outperformed the Big Techs this reporting season. Here's a look at how their cloud businesses fared in the quarter. Cloud Spending Buoyant In Q4: Worldwide cloud infrastructure services spending topped $50 billion in a quarter for the first time in the...

A company that works on cloud and software analytics for connected vehicles has a new platform. Here are the details. What To Know: Wejo Group Limited (NASDAQ: WEJO) announced its new Neural Edge Processing platform. The company said the new platform will help “enable intelligent handling of...

As the S&P 500 hit a new record closing high for the second straight day on Thursday, CNBC’s “Trading Nation” asked two traders which of the two largest S&P 500 stocks is the better buy: Microsoft Corp. (NASDAQ: MSFT) or Apple Inc. (NASDAQ: AAPL)? What Happened: Gina...

Microsoft Corporation (NASDAQ: MSFT) on Tuesday launched Azure Communications Services, composed of cloud-based voice and video calling, chat, and telephony features. What Happened: The new features are built natively on top of the tech giant’s Azure cloud, according to TechCrunch, which...

Channel checks indicate strong cloud deal activity related to Microsoft’s Corporation (NASDAQ: MSFT) Azure over the past month, with the work-from-home environment pushing more enterprises to shift all operations to the cloud, according to Wedbush. The Microsoft Analyst: Daniel Ives...

The National Basketball Association has signed a multi-year contract with Microsoft Corporation (NASDAQ: MSFT) to make the latter its "official technology partner," the two organizations said in a joint statement Thursday. What Happened Starting the 2020-21 season, the NBA games will be...

Microsoft Corporation (NASDAQ: MSFT) is the latest tech company to warn of a possible shortfall due to the COVID-19 virus outbreak. The Microsoft Analysts Morgan Stanley analyst Keith Weiss maintained an Overweight rating on Microsoft with a $200 price target. Wedbush analyst Daniel Ives...

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...

Amazon.com, Inc. (NASDAQ: AMZN) and other rivals vied for a piece of the worldwide cloud infrastructure services market as spending rose 37% to top US$107 billion in 2019. What Happened Data released by Canalys indicates that the total expenditure on cloud services reached a record high to exceed $...

Microsoft Corporation (NASDAQ: MSFT) reported stellar fiscal-year second-quarter results, sending shares higher. Microsoft reported quarterly earnings of $1.51 per share, which beat the analyst consensus estimate of $1.32. This is a 37% increase over earnings of $1.10 per share from the same period...

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...

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....

Microsoft Corporation’s (NASDAQ: MSFT) Azure Blockchain Tokens platform is now available for preview, the company announced on Monday. What Happened The new platform will allow enterprises or individuals to easily "create their own blockchain tokens" based on the Token Taxonomy...