Cloud Stocks: Salesforce Expands AI Capabilities, Targets $60B Revenue

Salesforce (NYSE: CRM) recently announced mixed third quarter results. But its outlook was impressive. As Salesforce continues to expand its AI offerings, it announced plans to cross $60 billion in revenues by 2030.

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Cloud Stocks: NVIDIA Believes the AI Supercycle Is Just Beginning

Last week NVIDIA (NASDAQ: NVDA) reported its third quarter results that continued to beat all estimates. NVIDIA continues to doubt critics and analysts who are worried about the bursting of an AI-bubble. According to its predictions, they are seeing “something very different.”

Cloud Stocks: Analysis of Palo Alto Networks’ Chronosphere Acquisition

Cyber security services provider Palo Alto Networks (NYSE: PANW) continues to be on an acquisition spree this year. After it acquired CyberArk, its biggest acquisition earlier this year, it announced the acquisition of next-generation observability platform Chronosphere yesterday.

Meta Pours Funds into AI Capacity Build-out

Meta’s (Nasdaq: META) recently announced quarterly results that outpaced market expectations. But despite the better-than-expected performance, its stock fell 9% in the after-hours trading session. The analysts were not pleased with the one time $15.9 billion tax charge that the company incurred.

Cloud Stocks: Alphabet Proves AI Is Strengthening, Not Replacing its Core Search Business

Last week, Alphabet (Nasdaq: GOOG) announced its third quarter results that soared past market expectations. The stock climbed 5% in the after-hours trading session. This was a landmark quarter for Alphabet as it crossed the $100 billion quarterly revenue for the first time.

Cloud Stocks: Amazon Signals Long-Term AI Bet with OpenAI Deal

Yesterday, Amazon (NASDAQ: AMZN) announced a $38 billion deal with OpenAI that sent its stock soaring. Last week, Amazon announced strong quarterly results that had already sent the stock soaring 10% to an all-time high in the after-hours trading session.

Cloud Stocks: Intel’s AI Roadmap Gains Steam Following U.S. Investment and Nvidia Tie-Up

Last week Intel (Nasdaq: INTC) reported its third quarter results – the first one since the U.S. Government became its biggest shareholder. The company returned to profitability and the strong results helped drive the stock 6% up in the after-hours trading session.

Cloud Stocks: Microsoft and OpenAI Resolve Partnership Woes; AGI Timeline 3-8 Years

Microsoft (Nasdaq: MSFT) announced stellar quarterly results today which were clouded by a big outage that the company was still trying to fix till last evening. Microsoft saw big gains in its Azure and AI segment as it ironed out a new deal with OpenAI that has been a cause of concern among the two giants.

Cloud Socks: Analysis of IBM’s Cognitus Acquisition

IBM (NYSE:IBM) reported its third quarter results yesterday that outpaced expectations but it failed to excite the market. IBM’s stock fell 6% in the after-hours trading session post the result announcement.

Netflix Continues to Monetize Beyond Streaming

Yesterday, Netflix (Nasdaq: NFLX) reported its third quarter results that missed market earnings expectations. The company continues to expand its monetization capabilities through advertising and franchise business while leveraging AI and ML tools to deliver improved content.