cloud

Search documents
Wall Street just turned bearish on this top-performing Nvidia stock
Finbold· 2025-07-08 12:03
Wall Street sentiment has turned bearish on artificial intelligence (AI) and cloud computing company CoreWeave (NASDAQ: CRWV), despite its standout performance since its IPO in late March.At the close of the last session, CoreWeave shares fell 3.33% to $159.70. The stock has soared 299% since its initial public offering, driven by surging investor interest and strong ties to Nvidia (NASDAQ: NVDA). CoreWeave one-day stock price chart. Source: Google FinanceYet, two major Wall Street firms have recently downg ...
Enterprises Enhance Privacy, Security and Control with Rackspace Technology’s OpenStack Business Private Cloud
Globenewswire· 2025-07-08 12:00
Next-gen OpenStack-based architecture offers scalable performance for mission-critical workloads without vendor lock-in Key Benefits Built on a proven OpenStack foundation, the solution includes full API access, 24x7x365 support and proactive monitoring and management. Other key benefits include: For more information about Rackspace OpenStack Business click here: https://www.rackspace.com/cloud/openstack-business About Rackspace Technology SAN ANTONIO, July 08, 2025 (GLOBE NEWSWIRE) -- Rackspace Technology ...
Oracle Database@AWS Now Generally Available
Prnewswire· 2025-07-08 12:00
Customers can now use Oracle Database@AWS in AWS Regions in Northern Virginia and Oregon, with planned expansion to 20 more Enterprises including Fidelity Investments, Nationwide, and SAS are adopting Oracle Database@AWS to migrate and run Oracle Exadata Database Service and Oracle Autonomous Database on OCI within AWS AUSTIN, Texas and SEATTLE, July 8, 2025 /PRNewswire/ -- Oracle and Amazon Web Services, Inc. (AWS) today announced the general availability of Oracle Database@AWS. Customers can now run Oracl ...
IBM Power11 Raises the Bar for Enterprise IT
Prnewswire· 2025-07-08 11:00
Accessibility StatementSkip Navigation With support for autonomous operations, Power11 delivers intelligent performance gains that reduce complexity and improve workload efficiency. Power11 offers up to 55% better core performance compared to Power95 and has up to 45% more capacity with higher core counts in entry and mid-range systems compared to Power10.6 This upgraded performance means that with Power11, enterprises are positioned to achieve enhanced flexibility and security, to transform their enterpris ...
The science behind ‘cloud seeding’
NBC News· 2025-07-08 10:39
Chase, any conspiracy always starts with like a threat a thread of of truth here. Can you explain the science. Like what is cloud seeding first off.And and how is it being used in Texas. Yeah. So So cloud seating is really this idea for farmers of like, hey, there's some moisture up there in the clouds.Is there a way that we can get it out of the clouds down here to the surface to help farmers. Because water vapor that's in the air needs something to grab onto which is often like smaller than the tip of a p ...
eXp(EXPI) - 2022 Q1 - Earnings Call Presentation
2025-07-08 07:52
Company Overview - eXp World Holdings operates as a global cloud-based real estate brokerage and enterprise metaverse platform[5] - The company has a global network of over 80,000 agents as of April 20, 2022[9, 10] - eXp's revenues (TTM) are $42 billion as of March 31, 2022[11] Financial Performance - Q1 2022 revenue was over $427 million, with net income exceeding $4 million compared to 2021[9] - The company has consistent positive cash flow and no long-term debt[9] - Total Q1 2022 revenue reached $1 billion[16] Growth and Competitive Advantage - eXp Realty is ranked as the 1 growth leader across agent count, volume, and transactions[9, 10, 20] - The company experienced 55% year-over-year agent growth in Q1 2022[16] - eXp is capturing global market share with 314%+ year-over-year international agent growth[23] Agent Value Proposition - eXp offers a unique agent value proposition, including an attractive commission structure, revenue share, and equity[7] - Agents receive an 80/20 commission split with a $16,000 cap[27, 55] - The company provides equity awards for agents meeting production criteria[21, 27]
eXp(EXPI) - 2022 Q2 - Earnings Call Presentation
2025-07-08 07:51
Company Overview - eXp World Holdings operates a global cloud-based real estate brokerage and enterprise metaverse platform[5] - The company also has an ecosystem of personal development resources and media[6] - eXp's cloud-based model enables richer unit economics and broader geographical reach for agents[20] Financial Performance - eXp World Holdings' Q2 2022 revenue increased by 42% year-over-year[11] - The company's operating cash flow increased by 27% year-over-year[11] - As of June 30, 2022, eXp World Holdings had $134.9 million in cash and cash equivalents[13] - The company's total revenue for the trailing twelve months (TTM) ending Q2 2022 was $46132 million[16] Agent Growth and Global Expansion - eXp has over 83000 agents as of August 3, 2022[11] - Agent growth in Q2 2022 was 42% year-over-year[18] - eXp is expanding globally with 21 markets worldwide[11] - The company experienced 94% year-over-year international agent growth[25] Agent Value Proposition - eXp returns over 90% of commission to agents, inclusive of revenue share and equity[24] - Agents receive an 80/20 split on first $80000 gross commission income (GCI) with a $16000 yearly cap[30]
Breaking down cloud seeding concerns amid Texas flood questions
NBC News· 2025-07-08 04:01
And finally tonight, in these confusing times, you might have seen posts or videos connecting cloud seeding to what is happening in Texas. And and then earlier tonight, the CEO of a weather modification company confirmed that planes in Texas did release silver iote into the atmosphere 2 days before the floods. But he also explained why he says scientifically that does not mean that the two events are connected.Watch this. We're talking about like sub cimeter amounts of precipitation be it in snow or rain fr ...
Pega Cloud Drives Subscription Revenues: Will It Aid PEGA's Growth?
ZACKS· 2025-07-07 17:36
Core Insights - Pegasystems (PEGA) is experiencing accelerated growth in its cloud segment, with Pega Cloud's Annual Contract Value (ACV) increasing by 23% year-over-year to $701 million in Q1 2025, driven by demand for AI-powered, cloud-native solutions [1][3] - The company's cloud revenues rose 15% year-over-year to $151.1 million, highlighting the strength of its recurring revenue model [1][9] - Pegasystems aims to grow Cloud ACV by 20% or more, supported by successful cross-selling, upselling, and new client acquisitions [3][9] Cloud Momentum - There is a clear shift among enterprises towards scalable and intelligent automation, with PEGA's AI-infused platforms simplifying digital transformation and enhancing client retention [2] - The increase in ACV indicates deeper customer engagement and more durable multi-year contracts as workloads transition from legacy systems to the cloud [2] Competitive Landscape - Salesforce (CRM) is a strong competitor in cloud-native CRM and low-code workflows, leveraging its extensive integrations and partnerships to enhance its market position [5] - Oracle (ORCL) competes with PEGA in process automation, excelling in infrastructure and large-scale deployments, while PEGA stands out in BPM usability and AI-driven decision-making [6] Stock Performance and Valuation - Pegasystems shares have gained 16% year-to-date, outperforming the broader Zacks Computer and Technology sector, which returned 8.2%, and the Computer-Software industry, which rose 17% [7][9] - The Zacks Consensus Estimate for PEGA's earnings is $1.88 per share for 2025, reflecting a year-over-year growth of 24.5% [11]
3 Reasons to Hold AMZN Stock as AWS & AI Drive 31% Growth in 3 Months
ZACKS· 2025-07-07 16:46
Core Insights - Amazon has shown significant resilience and growth potential, with a stock surge of 30.9% over the past three months, outperforming the broader Zacks Retail-Wholesale sector and the S&P 500 [1] Cloud Infrastructure Market - AWS, Microsoft Azure, and Google Cloud collectively hold a 63% share of total enterprise spending on cloud infrastructure services in Q1 2025, with AWS leading at 29.1% market share [2] - AWS generated $29.3 billion in revenue in Q1, reflecting a year-over-year growth of 16.9%, and has an annualized run rate of $117 billion [7][9] - AWS maintains a substantial backlog of $189 billion, indicating strong revenue visibility and sustained demand for cloud services [8] AI Initiatives - Amazon's AI business has achieved a multi-billion-dollar annual run rate with triple-digit growth, positioning the company favorably in the generative AI landscape [11] - Recent developments in AWS, including the introduction of AI-powered tools and infrastructure investments, demonstrate Amazon's commitment to AI leadership [12][13] Financial Performance - Amazon's Q1 net income increased by 64.4% year-over-year to $17.1 billion, with operating income rising 20.2% to $18.4 billion, reflecting effective operational scaling [15] - The company has a robust balance sheet with $66.2 billion in cash and equivalents, providing financial flexibility for continued investments [16] Future Projections - The Zacks Consensus Estimate for Amazon's 2025 net sales is $694.49 billion, indicating an 8.86% growth from the previous year [17] - Current valuation metrics suggest that Amazon's stock may be fully valued, with a forward 12-month price-to-sales ratio of 3.25X, above the industry average [18] Investment Outlook - Current shareholders are advised to maintain their positions as AWS and AI initiatives are expected to drive continued business transformation and growth potential [21]