Adobe posts solid earnings beat and raises its full-year guidance, but investors yawn

CLOUD . BY MIKE WHEATLEY . 12 JUNE 2025

Adobe Inc. raised its full-year profit and revenue guidance after beating Wall Street’s targets in its latest financial results, but the positive numbers failed to impress investors much, and its stock was moving lower in late-trading. The company reported second-quarter earnings before certain costs such as stock compensation of $5.06 per share on revenue of $5.87 […]

Identity and access management failure in Google Cloud causes widespread internet service disruptions

CLOUD . BY DUNCAN RILEY . 12 JUNE 2025

An identity and access management failure within Google Cloud earlier today caused widespread service disruptions across a range of internet services, including portions of Cloudflare Inc., Google Workspace apps and third-party platforms reliant on Google infrastructure. The incident began late Wednesday morning PDT and was traced to a misconfiguration within Google Cloud’s IAM systems. The […]

What to expect during the ‘Broadcom Delivers the Modern Private Cloud’ event: Join theCUBE June 17

CLOUD . BY CHAD WILSON . 12 JUNE 2025

The modern private cloud is fast becoming the backbone of enterprise infrastructure strategy as organizations confront the growing pressures of artificial intelligence, security and cost predictability. As public cloud sprawl creates new layers of complexity and AI workloads demand more tailored environments, enterprises are rebalancing their approach. The modern private cloud offers a controlled, compliant […]

Oracle beats expectations on ‘insatiable’ cloud demand, sending its stock higher

CLOUD . BY MIKE WHEATLEY . 11 JUNE 2025

Database giant Oracle Corp.’s stock moved up more than 7% in extended trading today after reporting financial results that surpassed analysts’ expectations and saying it expects cloud growth to accelerate in the current quarter. The company reported fourth-quarter earnings before certain costs such as stock compensation of $1.70 per share on revenue of $15.9 billion, […]

AWS DC Summit 2025: The cloud becomes strategic national infrastructure for the AI era

CLOUD . BY JOHN FURRIER . 10 JUNE 2025

At this year’s AWS DC Summit, one thing was clear: AI, cloud infrastructure and public-private partnerships are no longer future ambitions — they are national priorities happening now. TheCUBE Research’s Scott Hebner and I had a chance to interview the top leaders and ecosystem partners to extract the signal. The game is about capital spending […]

GitLab’s revenue outlook comes up short and its stock gets hammered

CLOUD . BY MIKE WHEATLEY . 10 JUNE 2025

Shares of the DevOps pioneer GitLab Inc. were battered and bruised in late trading today after it increased its full-year profit outlook but narrowly missed expectations on sales guidance. That came after it logged a narrower loss in the first quarter and grew its revenue. The company, which provides software development tools for enterprises, reported first-quarter […]