Credit Suisse expects Microsoft Corp (NASDAQ: MSFT) Azure, as the “enterprise cloud,” to disproportionately benefit from this accelerated shift to the public cloud. It saw Azure continue to narrow the revenue gap to Amazon.com Inc (NASDAQ: AMZN) Amazon Web Services (AWS), and widen the gap to Alphabet Inc (NASDAQ: GOOG) (NASDAQ: GOOGL) Google Cloud. All of which will drive sustained growth for Microsoft and meaningful upside to consensus estimates. Credit Suisse noted that Azure has grown meanin Read More...
Benzinga
A Look At Needham’s Top FinTech Picks
After another earnings season and coming off the 17th Annual NTMC, Needham analyst Mayank Tandon received updates from its entire coverage universe in recent weeks. While most of the underlying businesses in the FinTech space remain healthy, persisting macroeconomic challenges continue to weigh on sentiment and pressure valuations. Based on the Q1 earnings season and the commentary from the company conferences, Tandon believes the secular trends in digital banking, payments, and digital transfor
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