Cloud & storage stocks

CrowdStrike's revenue and profits are soaring on the heels of strong demand across both cybersecurity and artificial intelligence (AI). While CrowdStrike stock remains pricey, the premium appears warranted considering how fast the company is growing and its total market opportunity.

NEW YORK, NY / ACCESSWIRE / June 30, 2024 / Levi & Korsinsky notifies investors that it has commenced an investigation of Sprinklr, Inc. ("Sprinklr") (NYSE:CXM) concerning possible violations of federal securities laws. On December 6, 2023, Sprinklr announced strong 3Q 2024 results and then reduced its estimated growth for the 4Q and full year 2025.

NEW YORK, June 30, 2024 (GLOBE NEWSWIRE) -- Pomerantz LLP is investigating claims on behalf of investors of Sprinklr, Inc. (“Sprinklr” or the “Company”) (NYSE: CXM).   Such investors are advised to contact Danielle Peyton at [email protected]  or 646-581-9980, ext. 7980.

SentinelOne's business has stabilized in recent quarters but there are still questions about competitive positioning. Improved margins and achieving cash flow breakeven have reduced some of the doubts about SentinelOne's efficiency. Increased investment is likely to limit further margin gains in the near term though. While SentinelOne's valuation appears attractive, it will likely continue to trade at a discount to peers while doubts about its viability as a standalone company persist.

NEW YORK, June 30, 2024 (GLOBE NEWSWIRE) -- WHY: Rosen Law Firm, a global investor rights law firm, reminds purchasers of securities of Gritstone bio, Inc. (NASDAQ: GRTS) between March 9, 2023 and February 29, 2024, both dates inclusive (the “Class Period”), of the important August 6, 2024 lead plaintiff deadline.

DevOpser joins the AWS Partner Network and launches beta testing for its secure, scalable Terraform-powered IaC platform, enabling NIST CSF compliance.

Microsoft's valuation is upgraded from "hold" to "buy" with a near-term target of $417.30 and a 2033 target of $1,099.90, implying 14.6% annual returns. The Company's growth is driven by its cloud business (Azure), and acquisitions like Activision-Blizzard. MSFT holds a 24% cloud market share (second to Amazon's 31%) and dominates with a 72.17% share in the PC OS market.

The S&P 500 is on track to outperform last year's growth. Meanwhile, Nvidia has growth catalysts across tech that could make its stock one of the best long-term holds.

AWS, Amazon's (NASDAQ: AMZN) cloud computing division, has held first place in the sector worldwide for years.