• Oclaro Rides, Helps Power, Fiber Optic 'Supercycle,' Hits 5-Year High
    Investor's Business Daily37 minutes ago

    Oclaro Rides, Helps Power, Fiber Optic 'Supercycle,' Hits 5-Year High

    Oclaro got a price target hike, and Inphi coverage was initiated at outperform, as the fiber optics "super cycle" continued.

  • Reuters52 minutes ago

    Google cloud unit close to winning PayPal business - CNBC

    Alphabet Inc's Google is close to winning PayPal Holdings Inc as a client for its cloud business, potentially beating out Amazon.com Inc and Microsoft Corp, CNBC reported on Tuesday. While Google is the front-runner, the online payments processor is evaluating the other providers and hasn't made any decision yet, CNBC reported, citing people familiar with the matter. PayPal has some existing business with Amazon Web Services, according to the CNBC report.

  • Market Realist1 hour ago

    PE Firms and the Current Acquisition Spree

    The Apollo Global-Rackspace (RAX) deal is the latest deal indicating the growing interest of PE firms in the technology space.