By Foo Yun Chee BRUSSELS, May 27 (Reuters) – European leaders are divided over how far to go to rein in Big Tech, as they weigh momentous decisions about giving EU companies preferential access to mobile satellite spectrum and limiting big multinationals’ access to EU cloud tenders. On Tuesday, Reuters reported that Brussels was likely…
The broader software sector has been under pressure heading into 2026, shaken by what Wall Street has dubbed the “SaaSpocalypse.” The fear is that autonomous AI agents could disrupt traditional subscription-based models and compress long-standing revenue streams. That anxiety has translated into real damage. The world’s largest software ETF by assets, the iShares Expanded Tech-Software…
Akamai Technologies, Inc. (NASDAQ:AKAM) is one of the Best Cloud Stocks to Buy Now. On November 17, Oppenheimer’s Param Singh initiated Akamai Technologies, Inc. (NASDAQ:AKAM) with a Buy rating and a $100 price target. Previously on Nov. 13, TD Cowen’s Michael Elias had reiterated a Hold rating on the stock, but raised the price target…
Microsoft (MSFT) stock is up more than 45% in six months. The impetus behind this increase comes from its strong financial performance, driven by strong demand for its cloud and artificial intelligence (AI) solutions. Both areas have become key growth drivers for Microsoft’s business and are likely to drive MSFT’s long-term growth. Microsoft Cloud generated…
