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2023-07-11 14:00:00 ET Canadian investors should consider investing in international markets to increase portfolio diversification and lower overall risk. The world’s largest equity market is located south of the border, which is also the world’s biggest economy. The U.S. ...
2023-07-08 10:19:55 ET In this video, I will discuss recent clouding updates impacting Amazon (NASDAQ: AMZN) , Microsoft (NASDAQ: MSFT) , and DigitalOcean (NYSE: DOCN) . Check out the short video to learn more, consider subscribing, and click the special offer link...
2023-07-08 07:40:00 ET Artificial intelligence is taking the tech industry by storm. Demand for GPU-powered cloud services is soaring as many companies look to train and run advanced AI models. Plenty of options are available, including GPU instances on major cloud platforms like Amazon ...
2023-07-07 15:10:19 ET Summary DigitalOcean Holdings, Inc. is the only pure-play cloud computing stock in the market today. It competes against juggernauts Amazon Web Services and Microsoft Azure, among others. The company has sustained resilient revenue growth while showing m...
2023-07-07 06:00:00 ET The first half of the year is officially over, and that also marks the close of the 2023 second quarter. Many U.S. companies will be reporting their financial results throughout July and August, which will offer investors insight into their businesses. It's never ...
2023-07-06 16:22:04 ET Shares of DigitalOcean (NYSE: DOCN) popped on Thursday after the company announced a $111 million acquisition of cloud infrastructure company Paperspace. As of 3:30 p.m. ET, DigitalOcean stock was up 13%. Paperspace is all about fast and powerful clou...
2023-07-06 15:19:15 ET DigitalOcean ( NYSE: DOCN ) shares gained more than 11% on Thursday after the cloud services provider said it acquired privately held Paperspace for $111M in cash to boost its artificial intelligence offerings. Paperspace provides cloud infrastructure ...
2023-07-06 14:10:00 ET Vancouver, Kelowna, Delta, BC - July 6, 2023 (Investorideas.com Newswire) Investorideas.com , a global investor news source covering Artificial Intelligence (AI) brings you today's edition of The AI Eye - watching stock news, deal tracker and advancements in a...
2023-07-06 11:36:48 ET Summary DigitalOcean, a cloud computing provider, saw its stock value surge and then decline sharply after its IPO in May 2021. Despite a 30% YoY increase in revenue in Q1 2023, the company's cost of revenues rose by 52%, which is a concern for us. The c...
2023-07-06 09:15:33 ET Cloud service firm DigitalOcean ( NYSE: DOCN ) has bought privately held Paperspace for $111 million in cash in a push to further boost its offerings of AI solutions, the company said Thursday. Paperspace is a provider of cloud infrastructure as a service ...
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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...