Tag

Cloud

All articles tagged with #cloud

business21 days ago•3 min saved

AI cloud provider Nscale files for NYSE debut amid rising compute demand

Nscale, an AI cloud provider spun out of Arkon Energy, filed to go public on the NYSE under NSCL. For the first six months of 2026 it posted $140.6 million in revenue (up 1,252% year over year) but a net loss of $1.02 billion, with over $8 billion in debt and $56.4 billion in remaining performance obligations. The company counts OpenAI, Anthropic and Microsoft among customers, plans to expand into model inference and acquire Anyscale, and is supported by Nvidia, Dell and Fidelity among others, highlighting the current surge in AI compute demand.

via CNBC|

#ai #business #cloud

ai22 days ago•29 min saved

Claude Code Expands to Orchestrate AI Agent Teams in the Cloud

Anthropic’s Claude Code relaunches Projects to let users run multiple Claude Code agents in parallel under a shared memory and a coordinating thread system. Each thread operates as its own cloud session with a separate repo copy, while a central coordinator merges work and a subagent/workflow toolkit speeds up large tasks. The feature is in beta for select Claude Pro and Max subscribers and will roll out to all Pro/Max/Team/Enterprise users, with local tooling support coming soon.

via The Verge|

#ai #anthropic #claude-code

business28 days ago•18 min saved

Oracle's AI Backlog Surges, But Market Fades the Jump

Oracle reported Q1 revenue of $19.3B, up 30%, as AI demand lifts remaining performance obligations to a $664B backlog—roughly 34x quarterly revenue—while infrastructure revenue jumped 121% to $7.4B after adding 850 MW of capacity and 300k GPUs. The stock briefly rallied about 7% but trimmed gains, trading around $153.74 after peaking at $165.80; Oracle plans to raise about $40B to fund AI expansion, and GF Value shows fair value near $195 per share amid roughly $5.4B of negative free cash flow.

via Yahoo Finance|

#ai #backlog #business

technology28 days ago•58 min saved

Oracle earnings beat sparks AI focus as stock wavers

Oracle posted $19.3 billion in Q1 FY27 revenue, up 30%, with cloud revenue up 62% to $11.6 billion and cloud infrastructure up 121% to $7.4 billion, while adjusted EPS rose 30% to $1.92, signaling strong AI-related demand; the stock jumped but wavered in later trading as investors weigh AI exposure amid broader AI headlines, including warnings about AI risks, Anthropic IPO news, Nvidia’s optimistic AI-market outlook, and other tech moves like Adobe and SAP.

via Yahoo! Finance Canada|

#ai #cloud #earnings

finance29 days ago•20 min saved

Oracle’s AI-Driven Cloud Growth Beats Forecasts

Oracle reported cloud infrastructure sales surged 121% to $7.4B, topping estimates of $7.19B as its AI data-center push gains traction. Fiscal first-quarter revenue rose 30% to $19.3B with non-GAAP earnings of $1.92 per share, above the $1.75 consensus. The company also completed an at-the-market equity sale of $20B. Wall Street will watch how quickly Oracle scales its AI-focused cloud capacity as it eyes OpenAI and other customers, with shares moving higher in after-hours trading.

via Yahoo Finance|

#ai #cloud #data-centers

business29 days ago•3 min saved

Oracle posts strong Q1 as cloud and AI expansion fuels growth

Oracle topped earnings and revenue expectations for fiscal Q1, reporting $19.35 billion in revenue (+~30% YoY) and adjusted EPS of $1.92; cloud revenue climbed 62% to $11.61 billion, with cloud infrastructure above $7.4 billion. For Q2, management guides $1.85–$1.93 in adjusted EPS and 30%–34% revenue growth. The company is expanding data-center capacity amid AI demand, but carries about $125 billion in debt and negative free cash flow ($5.4 billion). Shares rose about 7% after hours on the results.

via CNBC|

#ai #business #cloud

finance1 month ago•18 min saved

Oracle's AI Push Sets Up a Big Post-Earnings Move, Options Traders Bet

Oracle is set to report fiscal Q1 after the bell as options traders bet on a big move, with bullish call activity focused around the $175 strike. The company’s cloud infrastructure revenue jumped 93% to $5.8 billion last quarter, and it ended fiscal 2026 with $638 billion in remaining performance obligations, signaling a large backlog. However, free cash flow turned negative to about $23.7 billion due to AI data-center spending, creating a tension between growth and cash generation ahead of the earnings release.

via Yahoo Finance|

#cloud #earnings #finance

markets1 month ago•10 min saved

Oracle Signals Big Moves Ahead of Earnings on AI Cloud Push

Oracle stock is pricing in an 11.2% post-earnings swing ahead of its Sept. 10 report, with an implied range roughly $140–$175 as options traders weigh cloud growth, a $638B backlog and a high capex footprint that has driven negative free cash flow; bullish price targets persist on OpenAI cloud partnerships and AI demand, but investors will assess whetherOracle can convert AI spending into sustainable profits amid leverage and cash-flow concerns.

via Yahoo Finance|

#cloud #earnings #markets

investment-and-company-information1 month ago•23 min saved

Oracle Seen Hitting Big Upside as Backlog FuelsBullish Case

Oracle has fallen about 20% in 2026, trading around $158–159 with a consensus target near $242, as Guggenheim’s John DiFucci argues the stock could double on a $638 billion remaining performance obligation backlog and an AI/cloud migration push. Bulls point to a long-term plan of 31% revenue CAGR and 28% EPS CAGR through FY2030 and OCI-led growth, while CFO guidance and negative free cash flow (roughly $23.7 billion in FY2026) raise dilution concerns given a proposed $40 billion of debt and equity financing. The upside hinges on backlog realization and cloud momentum, but a Guggenheim $400 target remains aggressive versus the Street, highlighting Oracle’s company-specific risk vs. peers with stronger cloud trajectories.

via Yahoo Finance|

#cloud #guggenheim #investment-and-company-information

technology1 month ago•2 min saved

Simultaneous AI Outages Prompt Theories About Shared Infrastructure

Three major AI chatbots — ChatGPT, Claude, and Grok — went offline nearly at once. OpenAI cited a routing error affecting ChatGPT; Anthropic said only some Opus models were down; SpaceXAI acknowledged outages tied to its Memphis compute center. Cloudflare and Azure denied issues, leaving the exact shared cause, such as a common provider or compute partner, unresolved.

via Futurism|

#ai #anthropic #cloud

business1 month ago•3 min saved

Microsoft reveals dollars-for-Azure revenue as it trims segments

Microsoft will start reporting Azure revenue in dollars and reduce its operating segments from three to two (Agents and Infra; Devices and Consumer). Azure revenue rose 42% to $29.42 billion in the June quarter, about one-third of total revenue, and Microsoft will provide two years of recast results while excluding GitHub cloud services and certain other offerings from Azure reporting, signaling a more consumption-based cloud business tied to AI growth.

via CNBC|

#ai #azure #business

business1 month ago•20 min saved

Big Tech's AI bets may start lifting earnings, say strategists

Wall Street strategists say AI-driven cloud spending is beginning to pay off for the megacaps: Microsoft’s Azure revenue hit a record level with over $100 billion in annual cloud sales, Amazon’s AWS grew about 36.7% in the latest quarter, and Alphabet’s cloud business is expanding, with Meta also showing potential for increased compute usage. Although free cash flow is expected to stay negative for most hyperscalers in FY27, monetization is forecast to ramp faster than spending as cloud backlogs top about $2.3 trillion, with roughly $725–$760 billion in capex planned this year to fuel AIBuild-out.

via Yahoo Finance|

#ai #big-tech #business

business2 months ago•12 min saved

AI hyperscalers spark stock rally as cloud leaders post strong earnings

AI-hungry giants fueled a broad stock rally after solid earnings, with Microsoft and Amazon rising over 5% as Azure topped $100 billion in annual cloud revenue and AWS growth neared 37%. Alphabet, Meta, and Oracle also advanced on resilient or upbeat results, while investors weighed continued AI‑centered capex against returns. Amazon even pushed its market cap past $3 trillion, underscoring confidence in AI infrastructure demand despite ongoing spending questions.

via Yahoo Finance|

#ai #business #cloud

tech2 months ago•31 min saved

Xbox slips as Microsoft’s cloud and AI engine accelerates

Microsoft’s Q4 shows Xbox revenue down about 10% and hardware down 13%, while cloud revenue jumps 27% to $59.3B and Azure tops $100B, as CEO Satya Nadella frames a company-wide “reset” including layoffs and studio spinouts to return to growth by fiscal 2027. The company is also adjusting Xbox pricing and exploring ad-supported cloud gaming as it leans harder into AI and cloud initiatives.

via The Verge|

#ai #cloud #earnings

business2 months ago•5 min saved

Alphabet’s capex binge sparks jitters across hyperscalers

Alphabet’s decision to lift its 2026 capex forecast to fund new AI data centers triggered a stock sell-off and heightened investor scrutiny of heavy infrastructure spending among hyperscalers, with Amazon, Meta and Microsoft also sliding. Analysts note AWS remains the cloud leader and Alphabet’s cloud growth is accelerating, but cash flow turned negative in Q2, underscoring the tricky balance between pursuing AI-scale capacity and delivering near-term returns.

via CNBC|

#ai #alphabet #business