Page 128 - Computer Services News Today

Chief Financial Officer Keith Jensen says an 'unusually large volume of deals' expected to close in June were pushed out to future quarters instead.

Analysts raised their target prices on Amazon after its earnings, seeing revenue momentum in cloud computing and improving e-commerce margins.

The tech giant posted 12% growth for Amazon Web Services in the June quarter, surpassing Street expectations.

Shares of Fortinet Inc. and Palo Alto Networks Inc. weighed on cybersecurity stocks but providing some buoyancy to the sector were shares of Cloudflare Inc.

DXC Technology's stock was suffering the worst selloff in 4 years after the IT consultant reported a big earnings miss and slashed its full-year outlook.

Buoyed by rising demand for enterprise AI tools, CoreWeave secures a $2.3 billion debt facility to build data centers that can handle more intensive computer applications

The information technology consulting firm missed earnings expectations and slashed its full-year guidance, and Wall Street isn't pleased.

By Dean Seal Shares of DXC Technology plunged after the company reported weak fiscal first-quarter results and cut its fiscal 2024 guidance, prompting...

Analysts anticipate earnings will show improving e-commerce business, but investors also are watching slowdown in cloud computing

Keep a core bullish position but decrease exposure to stocks.