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Zacks News
Alphabet is one of the most innovative companies in the modern technological age. Over the last few years, the company has evolved from primarily being a search-engine provider to cloud computing, ad-based video and music streaming, autonomous vehicles, healthcare providers and others. In the online search arena, Google is a monopoly with more than 94% of the online search volume and market. Over the years, the company has witnessed increase in search queries, resulting from ongoing growth in user adoption and usage, primarily on mobile devices, continued growth in advertiser activity, and improvements in ad formats. The company is gaining market share in the cloud-computing, driven by continued strength in Google Cloud Platform and G Suite offerings.
CDW Closes Sirius Buyout, Boosts Managed Services Capabilities
by Zacks Equity Research
The acquisition of Sirius Computer Solutions is anticipated to bolster CDW's capabilities in the managed services space.
Amazon (AMZN) Expands Cloud Offerings With AWS Cloud WAN
by Zacks Equity Research
Amazon's (AMZN) AWS unveils a service, namely AWS Cloud WAN, which aids in seamless development, management, operation and monitoring of a global network with the help of a central dashboard.
Smartsheet (SMAR) Q3 Loss Narrower Than Estimates, Revenues Top
by Zacks Equity Research
Smartsheet's (SMAR) third-quarter fiscal 2022 results reflect continued momentum in subscription revenues and an expanding subscriber base.
Verint (VRNT) Q3 Earnings & Revenues Top Estimates, Shares Down
by Zacks Equity Research
Verint Systems (VRNT) fiscal third-quarter results benefit from continued momentum in the cloud business.
Amazon's (AMZN) 18 Projects to Bolster Net-Zero Carbon Efforts
by Zacks Equity Research
Amazon (AMZN) announces 18 utility-scale wind and solar energy projects, which will be located in the United States, Finland, Italy, Spain and Ireland.
Amazon (AMZN) Boosts AWS Offerings With Database Capabilities
by Zacks Equity Research
Amazon (AMZN) introduces three database capabilities to help customers manage data efficiently for their business applications.
NVIDIA-Arm Holdings Deal Hits a Wall: FTC Sues to Block Deal
by Zacks Equity Research
Looking at the intensifying antitrust scrutiny by several regulators worldwide, it will be a difficult task for NVIDIA Corporation (NVDA) to win approval for the Arm Holdings' acquisition.
How To Take Advantage Of Market Volatility With Covered Calls
by Daniel Laboe
Indiscriminate selling has been driven up premiums on options across the market, presenting us with a Theta-catching opportunity
Descartes (DSGX) Q3 Earnings And Revenues Top Estimates
by Zacks Equity Research
Descartes' (DSGX) fiscal third-quarter results benefit from contribution from acquisitions and strength in customer base.
Amazon's (AMZN) AWS Gets Picked by Meta, Grows Clientele
by Zacks Equity Research
Amazon's (AMZN) AWS is chosen by Meta as the strategic cloud provider. This highlights the efficiency and reliability of AWS's innovative cloud products and services.
Synopsys' (SNPS) Q4 Earnings Beat Estimates, Revenues Meet
by Zacks Equity Research
Synopsys' (SNPS) fourth-quarter fiscal 2021 results reflect the benefits from increasing demand for its products amid the rapid adoption of Big Data, faster computation and Machine Learning.
Amazon (AMZN) Gains Competitive Edge with Graviton3 Instances
by Shilpa Mete
Amazon's (AMZN) AWS introduces Graviton3 processor-backed Amazon EC2 C7g instances.
Is Alpha and Omega Semiconductor (AOSL) Stock Outpacing Its Computer and Technology Peers This Year?
by Zacks Equity Research
Here is how Alpha and Omega Semiconductor (AOSL) and Alphabet (GOOGL) have performed compared to their sector so far this year.
NetApp (NTAP) Q2 Earnings & Revenues Top Estimates, Shares Up
by Zacks Equity Research
NetApp's (NTAP) fiscal second-quarter results reflect continued strength in the Hybrid Cloud and Public Cloud segments.
Salesforce (CRM) Beats Q3 Earnings Estimates, Stock Falls 6.1%
by Zacks Equity Research
A robust demand environment, rapid adoption of cloud-based solutions and strategic acquisitions result in Salesforce's (CRM) better-than-anticipated Q3 performance.
Hewlett Packard (HPE) Q4 Earnings Top Estimates, Revenues Lag
by Zacks Equity Research
Hewlett Packard's (HPE) Q4 results reflect the benefits from the accelerated digital transformation amid the COVID-led work-from-home wave. However, component-supply constraints hurt its sales growth.
Mercury Systems (MRCY) Gains 3% on Atlanta Micro Buyout Deal
by Zacks Equity Research
The buyout of Atlanta Micro will expand Mercury Systems' (MRCY) RF and microwave component portfolio, and grow its presence in the core radar, EW and weapon markets.
UBER Teams Up With Hims & Hers to Deliver Personal Care Products
by Zacks Equity Research
UBER expands its delivery network, partnering with Hims & Hers to offer on-demand delivery of personal wellness products to customers across the United States.
Amazon's (AMZN) AWS Gets Selected by Gilead, Boosts Clientele
by Zacks Equity Research
Amazon's (AMZN) AWS is chosen by Gilead Sciences as the preferred cloud provider.
The Zacks Analyst Blog Highlights: Alphabet, Cadence Design Systems, Veeva Systems, Mettler-Toledo and ANSYS
by Zacks Equity Research
The Zacks Analyst Blog Highlights: Alphabet, Cadence Design Systems, Veeva Systems, Mettler-Toledo and ANSYS
Chegg (CHGG) Rises on Busuu Buyout Plan & Repurchase Program
by Zacks Equity Research
Chegg (CHGG) expands its global TAM with Busuu buyout plan and announces an ASP plan.
Rapid Cloud Migration to Drive Salesforce (CRM) Q3 Earnings
by Zacks Equity Research
Salesforce's (CRM) Q3 results are likely to reflect gains from the accelerated adoption of SaaS-based platforms amid the pandemic-led accelerated digital transformation.
UBER Hit by Brussels Court Order, Shares Down More Than 3%
by Zacks Equity Research
A Brussels court order bans UBER's taxi services in the city, affecting about 2000 of its drivers. The company is urging the Belgian government to reform its taxi service laws.
Black Friday on Global Bourses: 5 Picks to Protect Portfolio
by Nalak Das
We have selected five large-cap (market capital > $30 billion) technology stocks to invest. These are: GOOGL, VEEV, ANSS, MTD and CDNS.
Amazon's (AMZN) AWS Gets Picked by Richemont, Clientele Grows
by Shilpa Mete
Richemont selects Amazon's (AMZN) AWS as its preferred cloud provider to expedite product innovation, automation and digital transformation.