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Microsoft Trades Higher On $10B Cloud Computing Deal With Pentagon
Monday, October 28, 2019 - 7:59am | 221Microsoft 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 | 512Big 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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All About The Cloud: Microsoft Hits All-Time High On The Back Of Strong Q4 Earnings
Friday, July 19, 2019 - 9:49am | 883Microsoft Corporation (NASDAQ: MSFT) shares traded higher by 3% on Friday morning after the company reported a fiscal fourth-quarter earnings beat led by strength in its cloud computing business. Microsoft exceeded consensus analyst expectations for fourth-quarter earnings and revenue and also...
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JEDI Masters: Amazon, Microsoft Battle To Build Pentagon's 'War Cloud'
Wednesday, July 10, 2019 - 3:09pm | 550Who 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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Microsoft, Sony Team Up To Work On Gaming Experiences, AI Solutions
Thursday, May 16, 2019 - 1:40pm | 349Sony Corporation (NYSE: SNE) and Microsoft Corp. (NASDAQ: MSFT) announced Thursday afternoon they will partner up on consumer entertainment platforms and artificial intelligence products. What To Know This strategic partnership will explore joint development of future cloud solutions in Microsoft...
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Sphere 3D Regains Nasdaq Compliance
Wednesday, November 21, 2018 - 4:06pm | 3193D Corp. (NASDAQ: ANY) investors have experienced a rollercoaster ride this month. Just in the past week, shares have been volatile, swinging between a low of $2.29 and high of $6.61; the company announced a new CEO; and news circulated regarding the potential for a Nasdaq delisting. ...
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Amazon Hopes Cloud Investments Will Stave Off Competition From Microsoft, Google
Sunday, April 30, 2017 - 10:08pm | 365Reviewing Amazon.com, Inc. (NASDAQ: AMZN)'s first-quarter results, Oppenheimer said it believes investments in cloud will help the company stave off competition from Alphabet Inc (NASDAQ: GOOG) (NASDAQ: GOOGL) and Microsoft Corporation (NASDAQ: MSFT). Smallest EBIT Margin Growth At AWS Analysts...
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These Trends Bode Well For Nvidia, Microsoft
Monday, March 20, 2017 - 8:26am | 312Trip Chowdhry of Global Equities Research holds an Overweight rating on NVIDIA Corporation (NASDAQ: NVDA)'s stock with a 12–18 month price target of $125 given strong trends seen both in the company and on a macro level. According to Chowdhry, Microsoft Corporation (NASDAQ: MSFT) Azure is...
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Amazon Already Peaked, At Least According To Trip Chowdhry
Friday, February 3, 2017 - 12:50pm | 320After a mind-boggling 48,000 percent return since the 1990s, Amazon.com, Inc. (NASDAQ: AMZN)'s stock has reached its peak, at least according to Trip Chowdhry of Global Equities Research. Chowdhry commented back in December of 2016 that Amazon's stock reached its peak. Also in December, Chowdhry...
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Amazon Has Reached Its Peak, According To This Analyst
Thursday, December 29, 2016 - 11:47am | 343The peak in Amazon.com, Inc. (NASDAQ: AMZN) was bound to happen at some point after a 44,000 percent return since its initial public offering in the 1990s. While some among Wall Street peg Amazon's valuation tosoar as high as $1 trillion in the future, Trip Chowdhry of Global Equities...
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3 Reasons Microsoft's Stock Is Now Buy, With 16% Upside
Thursday, November 17, 2016 - 8:48am | 316“Azure is the #2 market share vendor in the cloud space, and has grown 100 percent or more yoy eight of the last ten quarters, and in fact growth accelerated in Q3 16," said Goldman Sachs’ Heather Bellini. Bellini upgraded the rating on Microsoft Corporation (NASDAQ: MSFT) from...
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Microsoft's Azure Segment Steps Up To Deliver A Big Q1 Surprise
Friday, October 21, 2016 - 10:10am | 405Goldman Sachs said strong momentum in Azure helped Microsoft Corporation (NASDAQ: MSFT) to report its first-quarter results above Street view. For the first quarter, Microsoft reported EPS of $0.76, which was $0.08 ahead of Street, and non-GAAP revenue of $22.3 billion (non-GAAP) also topped Street...
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Azure Continues To Drive Microsoft Corporation; Goldman Expects Above Consensus EPS
Monday, October 17, 2016 - 9:20am | 515Goldman Sachs expects Microsoft Corporation (NASDAQ: MSFT) to report its first-quarter earnings above consensus, driven by strength in Azure. Microsoft is set to report its first-quarter earnings on October 20. Goldman sees non-GAAP EPS of $0.69, versus consensus of $0.68 and compares to “our...
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One Big Difference Between New And Old Tech
Wednesday, September 14, 2016 - 2:47pm | 483Technology has made our lives better, easier and more productive, however, 15 to 20 years ago, the concept of technology was very different. Consider the modern smartphone. It is not only able to keep us in constant contact with the outside world, but it can also direct us when lost, entertain us...
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Why You Should Remain Long Google, Amazon And Microsoft Amid Business Flows Into Public Cloud
Friday, September 9, 2016 - 10:23am | 553Alphabet Inc (NASDAQ: GOOG) (NASDAQ: GOOGL) and its Google unit are aggressively pushing into the cloud, and investors should view this as a bullish sign for the stock. Deutsche Bank's Ross Sandler commented in a research note on Thursday that his recent channel checks show Google as not only "...