Today: 13 May 2026
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Cloud Computing 24 April 2026 - 10 May 2026

CoreWeave Stock Draws Cathie Wood Buying and a Wells Fargo Target Raise After AI Cloud Selloff

CoreWeave Stock Draws Cathie Wood Buying and a Wells Fargo Target Raise After AI Cloud Selloff

ARK funds bought 113,076 shares of CoreWeave for $12.9 million after the Nvidia-backed firm’s stock fell 11% on weak guidance. CoreWeave reported a $740 million quarterly loss and raised its 2026 capital expenditure forecast to $31 billion. Wells Fargo raised its price target to $155, while Truist kept a Hold rating. CoreWeave’s revenue backlog reached $99.4 billion.
10 May 2026
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IREN Limited’s Nvidia Deal Rewrites The Bitcoin-Miner AI Cloud Trade

IREN Limited’s Nvidia Deal Rewrites The Bitcoin-Miner AI Cloud Trade

IREN Limited signed a five-year, $3.4 billion cloud-services deal with Nvidia, which also secured rights to buy up to 30 million IREN shares at $70 each. IREN’s revenue fell to $144.8 million last quarter, with a net loss of $247.8 million, as it shifts from bitcoin mining to AI cloud services. The new contracts focus on IREN’s Texas data centers and follow recent acquisitions in cloud and data-center infrastructure.
10 May 2026
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Akamai Stock Set to Jump as $1.8 Billion AI Cloud Deal Steals the Earnings Spotlight

Akamai Stock Set to Jump as $1.8 Billion AI Cloud Deal Steals the Earnings Spotlight

Akamai Technologies shares jumped 26% in premarket trading after announcing a $1.8 billion, seven-year cloud infrastructure deal with an unnamed U.S. AI model developer. First-quarter revenue rose 6% to $1.074 billion, with cloud infrastructure services up 40% to $95 million. The company forecast softer second-quarter results, with revenue and adjusted earnings below analyst estimates.
8 May 2026
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Datadog’s $1 Billion AI Quarter Sends Stock Flying

Datadog’s $1 Billion AI Quarter Sends Stock Flying

Datadog reported first-quarter revenue above $1 billion for the first time, up 32% to $1.006 billion, and raised its 2026 sales forecast to as much as $4.34 billion. Shares jumped $45.02 to $188.73. The company said it had 4,550 large customers at the end of March, up 21% from a year earlier. Datadog also launched GPU Monitoring and secured FedRAMP High certification for its government product.
8 May 2026
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Cloudflare AI Layoffs: 1,100 Jobs Cut as Shares Fall After Forecast Miss

Cloudflare AI Layoffs: 1,100 Jobs Cut as Shares Fall After Forecast Miss

Cloudflare will cut over 1,100 jobs, about 20% of its staff, as it shifts to an AI-first model. Shares dropped more than 13% after its second-quarter revenue forecast missed Wall Street estimates. The company expects up to $150 million in charges from the restructuring, mostly in the second quarter. First-quarter revenue rose 34% to $639.8 million, with net loss narrowing to $22.9 million.
8 May 2026
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IREN Stock Jumps After $625 Million Mirantis Deal Deepens AI Cloud Push

IREN Stock Jumps After $625 Million Mirantis Deal Deepens AI Cloud Push

IREN Ltd will acquire Mirantis Inc in an all-share deal worth about $625 million, expanding into cloud software and AI infrastructure. IREN shares rose 10.6% to $54.74 after the announcement. Mirantis will operate as a standalone subsidiary, supporting IREN’s AI cloud deployments. The deal is subject to regulatory approval and customary closing conditions.
6 May 2026
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Cloudflare Stock Jumps Before Earnings as Forrester Edge Win Puts AI Bet on Trial

Cloudflare Stock Jumps Before Earnings as Forrester Edge Win Puts AI Bet on Trial

Cloudflare shares jumped 7.9% Tuesday after the company said Forrester named it a leader in edge development platforms, ahead of its May 7 earnings report. The stock hit $244.02 intraday. Investors are watching if Cloudflare can convert rising AI and developer demand into profit. Cloudflare expects Q1 revenue of $620–$621 million.
5 May 2026
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Fastly Stock Surges Before Earnings as AI Cloud Rally Raises the Stakes

Fastly Stock Surges Before Earnings as AI Cloud Rally Raises the Stakes

Fastly shares rose 15% to $31.66 Tuesday, extending a sharp 2026 rally ahead of its first-quarter earnings due after Wednesday’s close. The surge followed DigitalOcean’s report of 22% revenue growth and a 221% jump in AI customer annual recurring revenue. Wall Street expects Fastly to post Q1 revenue of $170.26 million and adjusted earnings of 8 cents a share. Fastly stock is up over 200% this year, trading near its 52-week high.
5 May 2026
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DigitalOcean Stock Jumps 36% After AI Cloud Growth Sends 2026 Guidance Higher

DigitalOcean Stock Jumps 36% After AI Cloud Growth Sends 2026 Guidance Higher

DigitalOcean shares surged 36% Tuesday after the company raised its 2026 and 2027 revenue forecasts, citing higher demand for AI workloads and larger contracts. First-quarter revenue climbed 22% to $258 million, while net income dropped 59% to $16 million. The company increased its credit facility by $112.5 million and completed an $888 million share offering, using $500 million to repay debt.
5 May 2026
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Oracle’s Pentagon AI Deal Puts Its Cloud Bet Back in the Spotlight

Oracle’s Pentagon AI Deal Puts Its Cloud Bet Back in the Spotlight

Oracle has been selected by the U.S. War Department to deploy advanced AI on classified military networks, joining SpaceX, OpenAI, Google, Nvidia, Reflection, Microsoft, and Amazon Web Services. The deal comes as Oracle faces investor scrutiny over its AI cloud business and competition from other cloud providers for Pentagon contracts. Oracle’s classified cloud covers all security levels, including Top Secret and Special Access Programs.
4 May 2026
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Amazon Stock Rises on AWS AI Growth — Why AMZN’s Cloud Beat Matters Now

Amazon Stock Rises on AWS AI Growth — Why AMZN’s Cloud Beat Matters Now

Amazon Web Services reported 28% revenue growth to $37.6 billion, its fastest in 15 quarters, pushing Amazon shares up 1.4% early Thursday. First-quarter net sales rose 17% to $181.5 billion, with net income at $30.3 billion, boosted by gains from Anthropic. Amazon forecast second-quarter sales of $194–$199 billion. Google Cloud grew 63% to $20 billion, outpacing AWS’s growth rate.
30 April 2026
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Amazon Earnings Beat Estimates as AWS AI Growth Hits 15-Quarter High

Amazon Earnings Beat Estimates as AWS AI Growth Hits 15-Quarter High

Amazon reported first-quarter revenue of $181.5 billion, up 17%, with Amazon Web Services sales jumping 28% to $37.6 billion. Net income reached $30.3 billion, boosted by a $16.8 billion pre-tax gain from Anthropic investments. Free cash flow fell to $1.2 billion as AI-related spending surged. Amazon forecast second-quarter sales of $194 billion to $199 billion, above Wall Street expectations.
29 April 2026
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Microsoft’s $357 Billion Question: Can Azure Prove AI Spending Is Paying Off?

Microsoft’s $357 Billion Question: Can Azure Prove AI Spending Is Paying Off?

Microsoft will report fiscal Q3 results Wednesday, with focus on Azure growth and AI spending after a $357 billion market value loss last quarter. A new Microsoft-OpenAI deal announced Monday makes Microsoft’s OpenAI license non-exclusive and changes revenue-sharing terms. Analysts expect revenue near $81.4 billion. Microsoft guided for Azure and other cloud services growth of 37% to 38%, down from 39% last quarter.
27 April 2026
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Blackstone Just Put $16 Billion Behind Oracle’s AI Buildout. The Hard Part Comes Next

Blackstone Just Put $16 Billion Behind Oracle’s AI Buildout. The Hard Part Comes Next

Blackstone and Related Digital secured financing for a $16 billion Oracle AI data center campus in Saline Township, Michigan. The package includes equity from Related Digital and Blackstone, plus long-term debt anchored by PIMCO-managed funds. The project faces local and regulatory pushback over electricity, water use, and transparency. The campus will feature three data center buildings with over one gigawatt of capacity.
26 April 2026
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Microsoft vs Oracle vs Google Stock: Price Forecasts Reveal a Split in the AI Cloud Race

Microsoft vs Oracle vs Google Stock: Price Forecasts Reveal a Split in the AI Cloud Race

Microsoft, Alphabet, and Oracle shares closed at $424.62, $344.40, and $173.28, respectively, ahead of earnings reports expected Wednesday. Analysts see a bigger earnings test for Microsoft, more upside potential for Oracle, and less room for Alphabet after its recent gains. Investors are watching capital spending on AI and cloud infrastructure. Options pricing suggests a possible 6% move for Microsoft and 5% for Alphabet after results.
26 April 2026
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Meta’s Amazon Chip Deal Shows AI Race Is Moving Beyond Nvidia GPUs

Meta’s Amazon Chip Deal Shows AI Race Is Moving Beyond Nvidia GPUs

Meta has signed a multiyear deal worth billions to use Amazon Web Services’ Graviton5 chips for AI, deploying tens of millions of cores. Meta plans 2026 capital spending of up to $135 billion and will cut about 8,000 jobs, with layoffs effective May 20. Meta shares rose $16.87 to $676.02 near the U.S. close; Amazon gained $8.87 to $263.95. Meta will report first-quarter results after the market closes April 29.
24 April 2026
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Stock Market Today

  • Plug Power Q1 Revenue Growth Accelerates, Margins Improve Amid Hydrogen Market Expansion
    May 13, 2026, 9:34 AM EDT. Plug Power reported a 22% year-over-year revenue increase to $163.5 million in Q1, surpassing analyst expectations. The hydrogen company's margins notably improved, cutting operating losses to $109 million from $178 million a year prior, driven by cost optimization and stronger sales. Growth is fueled by expanding demand in materials handling and electrolyzer solutions, with over $8 billion in pipeline projects worldwide. Plug Power targets positive EBITDA by Q4 2024 and full profitability by 2028. Despite progress, the stock trades at $3.56, reflecting cautious investor sentiment as the company continues its transition toward profitability.

Latest articles

WeRide Stock Slides Despite Record Q1 Revenue as Robotaxi Losses Loom

WeRide Stock Slides Despite Record Q1 Revenue as Robotaxi Losses Loom

13 May 2026
WeRide posted record Q1 revenue of RMB114.1 million, up 57.6% year-on-year, but its U.S.-listed shares fell 7.1% in premarket trading as losses stayed high. The company’s global robotaxi fleet reached about 1,300 vehicles by April 30. Net loss widened to RMB389.1 million, while R&D spending rose 11.5% to RMB363.3 million.
SoftBank Group Profit Surges on OpenAI Stake as $64 Billion Bet Faces Cash Test

SoftBank Group Profit Surges on OpenAI Stake as $64 Billion Bet Faces Cash Test

13 May 2026
SoftBank reported January-March net profit more than tripled to ¥1.83 trillion, driven by gains from its OpenAI stake. Full-year net income rose to ¥5.002 trillion, the highest ever by a Japanese company. SoftBank’s OpenAI investment reached $34.6 billion as of March 31, set to increase to $64.6 billion after planned 2026 tranches. The company drew $20 billion from a $40 billion bridge loan to fund additional OpenAI investments.

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India Stock Market Today: Nifty, Sensex Rebound as Oil Relief Meets Rupee Risk

India Stock Market Today: Nifty, Sensex Rebound as Oil Relief Meets Rupee Risk

13 May 2026
Nifty 50 rose 0.67% to 23,535.05 and Sensex gained 0.48% near 74,913 by early afternoon Wednesday, rebounding after a four-day, 4% slide. Gains followed softer crude prices, a steadier rupee, and India’s move to raise gold and silver import duties to 15%. Precious metals surged while jewellers fell. Banks, IT, and auto stocks remained weak.
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