Investors may love a bull market, but it's a lot tougher to find bargains when the major stock indexes are climbing to new highs. This fast-growing tech stock has made a complete round trip after gaining more than 1,000% during the early stages of the COVID-19 pandemic.
SAN FRANCISCO--(BUSINESS WIRE)--Fastly, Inc. (NYSE: FSLY), a leader in global edge cloud platforms, will release financial results for the first quarter of 2024 after market close on Wednesday, May 1, 2024. Fastly will host an investor conference call that day to discuss its results at 1:30 p.m. PT / 4:30 p.m. ET. Date: Wednesday, May 1, 2024 Time: 1:30 p.m. PT / 4:30 p.m. ET Webcast: https://i...
Fastly's price target was lowered by a BofA analyst on Thursday, but the analyst remains confident in a comeback. Fastly has struggled to grow as quickly as competitors, although it has made progress reducing its losses.
The present and future of the internet is in cloud computing. This branch of computing is the backbone of digital transformation in modern enterprises.
Current predictions show the cloud computing industry growing at a rapid pace in the coming years. Much of this growth stems from novel approaches to cloud technology, such as hybrid clouds, multi-clouds, and edge computing.
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