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Would AI Agents Disrupt Apple’s App Business?

Posted on Friday, May 17th 2024
apple

Earlier this month, Apple (Nasdaq: AAPL) announced its second quarter results that outpaced market expectations. The market was impressed with the $110 billion buyback announcement, and its stock price increased 7% in the after-hours trading session.

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Cloud Stocks: Amazon Sees Momentum on AI Front

Posted on Tuesday, May 14th 2024

Amazon (NASDAQ: AMZN) recently announced its first-quarter results that surpassed market expectations. Its stock hit a 52-week high following its result announcement.

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Cloud Stocks: Google Looking to Monetize GenAI

Posted on Friday, May 10th 2024
Google

Alphabet aka Google (Nasdaq: GOOG) recently reported a strong first quarter that beat analyst estimates driven by strong and profitable growth in Google Cloud.

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Cloud Stocks: Analysis of IBM’s AI Platform Strategy

Posted on Tuesday, May 7th 2024
IBM

IBM (NYSE: IBM) recently announced results for its first quarter and its plans to acquire cloud software maker Hashicorp for $6.4 billion.

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Cloud Stocks: Microsoft Sees High Adoption of its AI Platform

Posted on Friday, May 3rd 2024

Last week, Microsoft (Nasdaq: MSFT) announced its third quarter results that exceeded analyst estimates driven by its AI momentum. However, its weak outlook brought down the momentum in its share price.

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Cloud Stocks: Atlassian Expands API Capabilities with Optic

Posted on Tuesday, Apr 30th 2024
atlassian

Enterprise collaboration solutions provider Atlassian (Nasdaq: TEAM) recently announced its third quarter results that surpassed market expectations. The company’s outlook outpaced market expectations as well, but the news of its co-founder and co-CEO Scott Farquhar stepping down caused some angst in the market.

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Meta Wants to Keep Investing in AI

Posted on Friday, Apr 26th 2024
facebook

Meta (Nasdaq: META), formerly Facebook, announced its quarterly results earlier this week that failed to impress the market. The company’s disappointing outlook coupled with big investment plans for AI sent the stock falling 16% in the afterhours trading session.

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Analysis of Databricks’ Lilac Acquisition

Posted on Tuesday, Apr 23rd 2024

According to a recent report, the Data Science Platforms market is estimated to grow at 77% CAGR to reach $322.9 billion by 2026. Databricks, a leading data analytics solution provider, recently reported its annual revenues that grew more than 50%.

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