Buying Stock in Tech Building Blocks

Amazon gets lots of credit and flak for turning retail upside down; it also earns plaudits for its pioneering cloud-computing business. But in a still-unfurling development, the seismic shift that Amazon wrought in the IT world has spawned a whole new business category–providers of “APIs”–that has already begun paying off for a few prescient investors. […]

Data Sheet—Why Oracle’s Latest Results Depressed Investors

Imagine you’re running a venerable industrial company that’s been around for decades, is entrenched with its customers, and has a reputation for operational excellence. You’ve just made $2.7 billion in one quarter on sales of $9.6 billion. Your company is barely growing–sales were up 1% year-over-year and operating income was just a smidge better, up […]