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DigitalOcean Holdings, Inc. (NYSE: DOCN), the cloud for startups and small-to-medium-sized businesses (SMBs), announced today that it will report financial results for the first quarter ended March 31, 2023, before the market opens on Tuesday, May 9, 2023. The company will also hold a confere...
2023-04-03 10:15:00 ET There's no doubt cloud infrastructure is an area of the tech sector that has massive secular tailwinds behind it. By one estimate, the U.S. cloud computing market is projected to grow to $1.7 billion by 2029, a significant increase from $480 billion at the end of 2022...
2023-04-03 05:21:52 ET Goldman Sachs is sticking with its S&P 500 ( SP500 ) ( NYSEARCA: SPY ) target of little change by year end as valuations and earnings face headwinds near term, its equity team said. "Our Long Duration basket has outperformed the Short Duration bask...
2023-04-02 06:38:00 ET DigitalOcean (NYSE: DOCN) differs from the Amazon Web Services (AWS) and Microsoft Azures of the cloud computing industry by targeting small and medium-sized businesses. Its approach has attracted interest from that target market. Additionally, aft...
2023-03-30 15:31:00 ET Investors looking for explosive growth stocks have found two here. Digital Ocean (NYSE: DOCN) and The Trade Desk (NASDAQ: TTD) are growing revenue robustly as they attract new customers en masse. *Stock prices used were the afternoon prices of Ma...
54% say they are more concerned about cybersecurity now than one year ago DigitalOcean Holdings, Inc. (NYSE: DOCN), the cloud for startups and small-to-medium-sized businesses (SMBs), today announced the findings of a recent report on how SMBs feel about and are responding to cybers...
2023-03-23 09:20:00 ET 2023 has so far been volatile for the U.S. equity market. The strong bull rally in January seems to have fizzled out on worries about rising inflation and mixed corporate earnings performance. Recent comments from Federal Reserve Chairman, Jerome Powell, highlighting ...
2023-03-22 12:24:57 ET Summary The DigitalOcean Holdings, Inc. bull case is focused on both its attractive growth rates and alluring free cash flow potential. While the bear case brings into question its usage-based revenue stream. Presently, I don't find DigitalOcean Holdings...
2023-03-21 21:46:54 ET Summary DigitalOcean reported strong Q4 results and is executing well on their strategic plans. That being said, the recent issues with SVB and regional banks mean that the startup and small business ecosystems may have difficulties in the near future. S...
2023-03-18 07:23:00 ET The technology sector is suffering from its worst stretch of stock market performance since the global financial crisis in 2008. The Nasdaq-100 index plunged 33% last year, and while it has bounced by 12% in the early innings of 2023, investors have continued to f...
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30 year tech industry veteran will oversee the go-to-market strategy and drive rapid growth DigitalOcean Holdings, Inc. (NYSE: DOCN), the developer cloud optimized for startups and growing digital businesses, is pleased to announce the appointment of Larry D’Angelo as its new Chi...
2024-07-16 10:00:00 ET There are two sides to the artificial intelligence (AI) revolution. There is hardware, which includes data centers filled with advanced semiconductors designed to train AI models. Then there is software, which includes chatbots like OpenAI's ChatGPT, plus the expandin...
2024-07-13 17:20:00 ET With a market valuation of about $3 billion, DigitalOcean (NYSE: DOCN) is one of the smaller players in the cloud-computing space. It's a good business with plenty of customers, steady revenue growth, and strong margins, but not everything is going according t...