Latest news with #cloudservices
Yahoo
10 hours ago
- Business
- Yahoo
Cloudflare Named TIME100 Most Influential Company for Election Security Role
Cloudflare Inc. (NYSE:NET) is one of the best software infrastructure stocks to invest in. On June 26, Cloudflare was named a TIME100 Most Influential Company in 2025. This marks Cloudflare's debut on the prestigious list, recognizing its extraordinary global impact, particularly its role in safeguarding the 2024 US elections from cyberattacks. Cloudflare provided vital cybersecurity protection and ensured that cyberattacks did not influence the election outcome in 2024. Cloudflare's commitment to election security is reflected in its Athenian Project, through which it provides its highest Enterprise level of services for free to eligible US state and local government websites related to election administration, voter data, or results reporting. A close-up of a server array powering a cloud-services system. From January through November 2024, Cloudflare mitigated ~1 million online threats every single day for these entities. Cloudflare's product expansion has enabled it to enter adjacent markets, projecting its TAM to grow from $181 billion in 2025 to $231 billion by 2028. Cloudflare Inc. (NYSE:NET) operates as a cloud services provider that delivers a range of services to businesses worldwide. While we acknowledge the potential of NET as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the . READ NEXT: and . Disclosure: None. This article is originally published at Insider Monkey. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
11 hours ago
- Business
- Yahoo
Jim Cramer Says Applied Digital is a 'Very Good Spec'
Applied Digital Corporation (NASDAQ:APLD) is one of the 11 stocks Jim Cramer put under the microscope recently. A caller asked for Cramer's thoughts on the company, and in response, he said: 'Okay, this is high-performance computing infrastructure, and high-performance computing is on fire. That company doesn't make any money, but I think it's a very good spec.' An overhead view of a large-scale data center with rows of servers and blinking lights. Applied Digital (NASDAQ:APLD) develops and operates digital infrastructure. The company delivers cloud services and high-performance computing tailored to sectors including artificial intelligence, machine learning, and cryptocurrency mining. It is worth noting that in April, when Cramer was asked about the company, he said: 'I know the company, and it's the kind of thing, we have so many of these digital infrastructure plays. I actually just prefer if you're going to go there, just go buy Salesforce. I'm not kidding. Go buy CRM, I would feel better that way.' While we acknowledge the potential of APLD as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock. READ NEXT: The Best and Worst Dow Stocks for the Next 12 Months and 10 Unstoppable Stocks That Could Double Your Money. Disclosure: None. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
14 hours ago
- Business
- Yahoo
3 Brilliant Stocks That Could Soar by 39% to 80%, According to Wall Street
Alibaba's e-commerce and cloud service businesses are starting to make strong recoveries, yet the stock trades at a bargain valuation. Lyft is rolling out new features and just made a potentially game-changing acquisition. RH is back to double-digit percentage growth, and its newer stores are demonstrating outstanding performance. 10 stocks we like better than Alibaba Group › Buying and holding quality stocks is one of the most efficient ways to build wealth. Three Motley Fool contributors believe now is a great time to consider buying shares of Alibaba (NYSE: BABA), Lyft (NASDAQ: LYFT), and RH (NYSE: RH) (formerly Restoration Hardware). What's more, Wall Street analysts also see attractive upsides for these stocks based on their average price targets. Here's why these stocks are poised to soar. (Alibaba): Alibaba is one of the leading e-commerce and cloud service companies in the world. Intensifying competition in China's e-commerce market and regulatory uncertainty have weighed on the stock price over the past few years. But this could also spell significant upside for investors from here as the company continues to see strong demand in its cloud business. The average analyst's 12-month price target of $162 implies a 39% upside from the current share price. The stock trades at a modest forward price-to-earnings multiple of 11.7, indicating that investors are undervaluing its expected growth. Alibaba, like its U.S. counterpart Amazon, is a very tech-centered business. Investments in artificial intelligence (AI), where Alibaba Cloud offers data intelligence services and other AI services for other companies, are driving accelerating growth in its cloud business, with revenue up 18% year over year in the most recent quarter. Alibaba also uses AI in its e-commerce business to understand user behavior, make personalized product suggestions, and manage supply chains. This makes it a formidable competitor, despite its recently weak revenue growth. However, consumer spending is back on the rise in its Taobao and Tmall marketplaces. Overall, Alibaba's revenue growth has accelerated sharply in recent quarters, and it's also reporting improving margins. Analysts expect the company's earnings to grow at an annualized rate of 16% over the next several years. Given the low earnings multiple the stock trades at today, Alibaba could not only reach Wall Street's average 12-month price target but potentially double in value within the next three to five years. Jeremy Bowman (Lyft): Lyft may be a forgotten stock for most investors, and it's easy to see why. Shares of the No. 2 ridesharing company in the U.S. are down nearly 80% from where they stood at its 2019 IPO, as it entered the market overvalued and struggled during the pandemic. However, while it plays second fiddle to Uber, Lyft has innovated with new features, recently made a smart new acquisition, and is building momentum. According to one Wall Street analyst, the stock has an 80% upside currently: Last month, Ivan Feinseth of Tigress Financial gave it a buy rating and boosted his 12-month price target on the stock by $2 to $28. Lyft is in a much stronger position than it was a couple of years ago as the company is both delivering solid growth and has turned profitable. In the first quarter, revenue rose 14% to $1.5 billion while adjusted earnings before interest, taxes, depreciation, and amortization (EBITDA) nearly doubled from $59.4 million to $106.5 million. It also posted a small profit of $2.6 million on a generally accepted accounting principles (GAAP) basis. Among the new products driving growth are price lock, which allows customers to lock in a price for a regular commute, Women+, which allows women riders and drivers to match with each other, and Lyft Silver, a service designed to fit the needs of seniors. Lyft also paved the way for its expansion into Europe by acquiring Freenow, a mobility company that's active in nine countries. Overall, Lyft looks poised to continue its double-digit percentage growth and ramp up its profitability, and the stock looks cheap at a price-to-sales ratio of around 1.1. Jennifer Saibil (RH): RH stock has been driven down by macroeconomic pressures, but the business is bouncing back, and the stock should follow. The company is a luxury furniture retailer that operates around 100 galleries in selected affluent communities, mostly in the U.S., though it has recently been expanding into Europe. It also has robust digital channels. However, its bigger ambition is to grow itself into a diversified global luxury brand, and it already operates several upscale restaurants and experiences, including rentable jets and yachts. While its target demographics are generally more resilient than the mass market, RH hasn't been immune to inflation and economic slowdowns. But even amid sagging sales in recent years, it has continued to launch new merchandise lines and open new galleries. Its next, in Paris, is set to open shortly on the Champs-Élysées. Meanwhile, performance at its U.K. gallery has been fantastic, with sales up 47% over last year in the 2025 fiscal first quarter (which ended May 3) and online demand up 44%. Two German locations that have been open for at least a year demonstrated a 60% increase in demand in fiscal Q1, and RH is experiencing accelerating demand in its locations in Brussels and Madrid. In sum, the retailer seems to have turned a corner. It has reported year-over-year revenue increases for the past four quarters, including double-digit percentage increases for the past two quarters. The fiscal first quarter was phenomenal, with a 12% sales increase and an adjusted operating margin of 7%. Yet RH stock is 75% off its peak. The average target price on Wall Street is 24% higher than today's price, and one analyst expects it to jump 137% higher over the next 12 to 18 months. Trading at the cheap valuation of 13 times forward 1-year earnings, RH stock could be a profitable pick right now for risk-tolerant investors. Before you buy stock in Alibaba Group, consider this: The Motley Fool Stock Advisor analyst team just identified what they believe are the for investors to buy now… and Alibaba Group wasn't one of them. The 10 stocks that made the cut could produce monster returns in the coming years. Consider when Netflix made this list on December 17, 2004... if you invested $1,000 at the time of our recommendation, you'd have $704,676!* Or when Nvidia made this list on April 15, 2005... if you invested $1,000 at the time of our recommendation, you'd have $950,198!* Now, it's worth noting Stock Advisor's total average return is 1,048% — a market-crushing outperformance compared to 175% for the S&P 500. Don't miss out on the latest top 10 list, available when you join . See the 10 stocks » *Stock Advisor returns as of June 23, 2025 John Mackey, former CEO of Whole Foods Market, an Amazon subsidiary, is a member of The Motley Fool's board of directors. Jennifer Saibil has no position in any of the stocks mentioned. Jeremy Bowman has positions in Amazon and RH. John Ballard has no position in any of the stocks mentioned. The Motley Fool has positions in and recommends Amazon and Uber Technologies. The Motley Fool recommends Alibaba Group, Lyft, and RH. The Motley Fool has a disclosure policy. 3 Brilliant Stocks That Could Soar by 39% to 80%, According to Wall Street was originally published by The Motley Fool Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
19 hours ago
- Business
- Yahoo
Crexendo Powers BCN's Strategic Expansion of IP Voice Services
Crexendo Inc. (NASDAQ:CXDO) is one of the best telecom stocks to buy according to Wall Street analysts. On June 24, Crexendo announced that BCN made a significant strategic investment aimed at expanding the capacity of BCN's IP Voice services, which are built on Crexendo's NetSapiens platform. BCN's Cloud Voice services are experiencing an accelerating demand for IP-enabled solutions, such as UCaaS, Call Center functionalities, SIP trunking, and Plain Old Telephone Service/POTS replacement. The expansion is crucial for BCN to support businesses transitioning from outdated and traditional TDM (Time-Division Multiplexing) infrastructure to more modern and scalable communication systems. A telecommunications tower in a rural setting, showing the reach of cloud telecom services. POTS replacement refers to the process of transitioning from traditional analog telephone lines/POTS to modern digital communication systems like VoIP, cellular, or cloud-based solutions. The President and COO of BCN, Julian Jacquez, believes that the high adoption of the company's POTS Replacement solutions has driven this capacity increase. With increased platform capacity, BCN is positioned to better support its nationwide network of technology advisors. Crexendo Inc. (NASDAQ:CXDO) provides cloud communication platform software and unified communications as a service in the US and internationally. BCN is a US-based managed network and technology solutions provider. While we acknowledge the potential of CXDO as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the . READ NEXT: and . Disclosure: None. This article is originally published at Insider Monkey. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Globe and Mail
a day ago
- Business
- Globe and Mail
Oracle Benefits From AI Cloud Service Adoption: A Sign of More Upside?
Oracle 's ORCL collaboration with xAI to deploy its Grok models via the Oracle Cloud Infrastructure ('OCI') is expected to further drive momentum in the company's cloud services and license support revenues in the near term. OCI spans domains like compute, databases and AI services, providing end-to-end solutions for enterprise workloads. Oracle's 23 AI database has helped businesses integrate AI solutions by automating workflows and providing flexibility to tailor models to business-specific needs. Oracle had previously demonstrated its ability to host, train and scale various models through partnerships with Cohere, LLAMA 2 and NVIDIA AI Enterprise. The latest partnership with xAI is expected to significantly increase OCI compute, storage and network usage. Additionally, the seamless deployment of Grok models is likely to encourage long-term contract renewals. Looking forward, total cloud revenues are expected to grow 26-30% for the first quarter of 2026, and by over 40% for fiscal 2026. The company also noted that for fiscal 2026, cloud infrastructure revenues are projected to grow even more than 70%, up from 51% in the prior year. The Competitive Landscape: ORCL's Fight With the Giants Oracle faces tough competition from players like Alphabet GOOGL and Amazon AMZN. Alphabet's Google Cloud invests heavily in custom AI chips called TPUs and recently introduced its latest version, Ironwood. The company recently launched the 'Cloud Wide Area Network,' making Google's private cloud network globally accessible. The recent inclusion of Gemini 2.5 and Flash into Alphabet's Vertex AI Platform is expected to transform enterprise-AI sophistication. Amazon's cloud services are deployed via AWS. Amazon's AI applications like Alexa+ and its latest AI chip, Trainium 2, are delivering massive improvements in performance and efficiency. Amazon's Bedrock recently integrated Anthropic's Claude 3.7 Sonnet and Meta's Llama 4 model family to build high-quality Generative AI applications. The company recently launched a preview version of Amazon Nova Act, designed to help developers break down complex tasks and perform commands in web browsers. ORCL's Share Price Performance, Valuation and Estimates ORCL's shares have appreciated 27.7% in the year-to-date period, outperforming both the Zacks Computer and Technology sector's return of 5.5% and the Zacks Computer-Software industry's appreciation of 14.6%. Oracle's shares have also outperformed Alphabet and Amazon in the year-to-date period. While shares of GOOGL dropped 8.4%, AMZN plunged 1.0%. ORCL's YTD Price Performance Image Source: Zacks Investment Research Oracle trades at a three-year EV/EBITDA of 26.53X, substantially above the Zacks Computer-Software industry average of 19.86X. ORCL has a Value Score of D. ORCL's Valuation The Zacks Consensus Estimate for ORCL's fiscal 2026 revenues is currently pegged at $66.63 billion, indicating 16.08% year-over-year growth. The consensus mark for 2026 earnings is pegged at $6.71 per share, up 1.05% over the past 30 days. This indicates an 11.28% increase from the figure reported in the year-ago quarter. ORCL currently carries a Zacks Rank #3 (Hold). You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here. Zacks' Research Chief Picks Stock Most Likely to "At Least Double" Our experts have revealed their Top 5 recommendations with money-doubling potential – and Director of Research Sheraz Mian believes one is superior to the others. Of course, all our picks aren't winners but this one could far surpass earlier recommendations like Hims & Hers Health, which shot up +209%. See Our Top Stock to Double (Plus 4 Runners Up) >> Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Inc. (AMZN): Free Stock Analysis Report Oracle Corporation (ORCL): Free Stock Analysis Report Alphabet Inc. (GOOGL): Free Stock Analysis Report This article originally published on Zacks Investment Research (
