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As Amazon's (NASDAQ: AMZN) stock price nears the $200 resistance point after strong Q3 earnings, there has been a notable amount of insider trading.
Microsoft's cloud division is doing very well, attracting the attention of investors in this technology giant.
Arista Networks has surpassed growth predictions in the AI networking sector, successfully competing against Nvidia and Broadcom. The company is targeting $750 million in AI networking revenue by 2025 in a market estimated to be worth $60 billion. This year, Arista's revenue is expected to increase by 16-18%, with operating margins anticipated to hit 47.8% in FY24.
Atlassian Corporation (NASDAQ: TEAM) delivered impressive first-quarter fiscal 2025 results, surpassing market expectations and igniting a substantial stock rally of over 15% on Friday. The collaboration and productivity software provider reported significant increases in both revenue and earnings, signaling robust business momentum and effective execution of its strategic initiatives.
Microsoft's revenue for FY1Q25 was better than expected, mainly due to the More Personal Computing segment, while Azure's performance met expectations. Azure grew by 34% in FY1Q25, which is in line with forecasts, but management predicts a lower growth rate of 31% to 32% for the next quarter, falling short by 1 percentage point. The main reason for this shortfall is that third-party infrastructure providers are postponing the launch of new data center capacity.
Which of these strong retail stocks is a better investment at the moment?
Amazon is performing exceptionally well, and its prospects seem very promising.
Amazon shared impressive results, thanks to its strong e-commerce performance and increasing profits from AWS. However, a slowdown in third-party services suggests that some merchants are moving to rival platforms. Additionally, the recent changes at Temu could threaten Amazon's advantage in e-commerce in the long run.
It ultimately depends on how much is spent, and Google might have an edge in that area.
Amazon announced its Q3'24 earnings, which were better than anticipated, thanks to strong performance in e-Commerce and particularly in Cloud services. The company exceeded expectations for both revenue and profit, with a notable increase in operating income from AWS. Looking ahead, Amazon's outlook for Q4 is promising, as it includes major shopping events like Black Friday and the Christmas season, likely increasing spending on the platform.