Tag: Computer Services
Amazon says the ‘magic words.’ They spurred a $130 billion market-cap boost.
Three months back, Amazon.com Inc. executives sent investors scrambling for their dictionaries as they called out “attenuating” — or lessening —pressures on the AWS cloud-computing [Read more about this post…]
Amazon’s big earnings beat and upbeat cloud talk send its stock soaring
Amazon.com Inc. closed out last year with a big quarter of profit growth — and it signaled that a recent acceleration in its all-important cloud-computing [Read more about this post…]
Universal Music warns it’ll pull songs off TikTok after licensing deal expires
Universal Music Group, which represents megastars such as Taylor Swift, Bad Bunny and Drake, is warning it will pull its songs from TikTok after failing [Read more about this post…]
Soccer game’s popularity scores for EA — and creates a higher bar to clear for growth
Videogame maker Electronic Arts Inc. saw a modest uptick in gaming demand during the holiday season, helped by gains in its “EA Sports FC” soccer [Read more about this post…]
Five-star fund manager bets on cheap AI, beer and China plays
We’ve got big tech earnings on the way from Microsoft and Alphabet, as a Fed meeting looms. What are big money managers worried about? “The [Read more about this post…]
The busiest and most crucial week for fourth-quarter earnings is here.
The heaviest stretch of the fourth-quarter earnings storm hits this week, with 106 companies set to report results. But results from only five — all [Read more about this post…]
IBM’s ‘accelerating’ AI demand helps power stock higher after earnings
International Business Machines Corp.’s stock surged more than 8% higher in Wednesday’s extended session after the technology giant topped profit expectations for the latest quarter [Read more about this post…]
Wipro’s stock has best day in 16 years amid signs IT consulting has bottomed
Shares of Wipro Ltd. rocketed Friday, after the India-based information-technology consultant beat fiscal third-quarter profit expectations, to snap a streak of earning misses amid a [Read more about this post…]
Even Cloudflare’s CEO says that viral firing video is ‘painful’
A tech employee’s recording of the meeting firing her from a sales role at Cloudflare NET, -1.79% has spurred criticism of the company — and [Read more about this post…]
NetEase, Tencent shares rebound after China voices support for gaming industry
Recently beaten-down China online gaming stocks rebounded on Wednesday as Hong Kong markets reopened after a holiday to news of a more conciliatory tone on [Read more about this post…]
