As cloud-software valuations have been slashed this year, cybersecurity stocks have been the safest play in the sector, but they have been slammed this week — and Thursday’s decline seemed Read more
Tag: Computer Services
Lumen stock falls after dividend is eliminated, but is there a silver lining?
Lumen Technologies Inc. shares were falling sharply in Thursday trading after the telecommunications company announced it was eliminating its dividend and selling another business, moves that have prompted tough questions Read more
Electronic Arts stock dips as sales disappoint but earnings forecast increased
Electronic Arts Inc. shares dipped Tuesday, after the videogame publisher missed sales expectations for the quarter, as executives reduced their revenue and bookings guidance for the year but increased their Read more
AMD stock ticks higher as data-center sales hold up
Advanced Micro Devices Inc. shares ticked higher in the extended session Tuesday after the chip maker’s data-center sales held up, and corrections in the forecast remained in the area of Read more
‘Cloud titans’ Meta and Microsoft bring growth and risk to Arista Networks, analyst says
Arista Networks Inc. is enjoying revenue growth fueled by the so-called “cloud titans” led by Meta Platforms Inc. and Microsoft Corp. But at least one analyst warns that this could Read more
Opinion: What will be the best-performing stocks in January can be bought today because of these two crosscurrents in the market
Get ready for one of the best short-term trading opportunities of the year. I’m referring to end-of-year crosscurrents caused by tax-loss selling and end-of-year window dressing. Both cause stocks that Read more
Arista Networks stock muted as earnings clear analysts’ low bar
Arista Networks Inc. shares searched for direction in the extended session Monday after the cloud-software and data-center supplier’s earnings and outlook topped the relatively low Wall Street consensus. Arista ANET, Read more
AMD lowered the bar for earnings, but there is still intrigue in one result
Advanced Micro Devices Inc. has already slashed expectations for its financial performance with a warning, but there is still some intrigue with the chip-maker’s earnings report. AMD AMD, +5.82% is Read more
Google Cloud launches first Web3 product in private view
Google Cloud this week announced the launch of a blockchain product, which is available in private view. “This is the first time Google Cloud has launched a first party product Read more
Opinion: The cloud boom has hit its stormiest moment yet, and it is costing investors billions
The cloud boom has finally reached a resting altitude, but Wall Street is doing anything but resting. Amazon.com Inc. AMZN, -4.06%, the original pioneer in cloud computing, confirmed Thursday what Read more