Includes major US listed cloud computing service providers. These companies provide IAAS, SAAS, and PAAS services, infrastructure, and solutions for companies and individuals, enabling them to quickly deploy and manage their own operations, applications, and systems. Cloud computing is a significant investment opportunity for its potential cost savings. By moving IT infrastructure to the cloud, companies can reduce capital expenditures on hardware and software and only pay for the services they use, freeing up resources to invest in other areas such as research and development or marketing. Increasing demand for storage and processing power is driving the growth of cloud computing. As more businesses move to digital platforms and adopt technologies like AI, the amount of data being generated is growing exponentially. Cloud computing offers a scalable solution to handle this data.
Saylor argued Microsoft had missed an opportunity to build significant value, claiming the company forfeited $200 billion in capital by choosing sto...
U.S. stocks slipped for second consecutive session on Tuesday as the end-of-year rally hit resistance ahead of inflation data due today (11 Dec), mainly driven by profit-taki...
ADBE is expected to report a rise in fourth-quarter revenue, owing to healthy demand for its large suite of design software as it invests into generative artificial intelligence features. For fourth-quarter fiscal 2024, Adobe projects total revenues between $5.50 billion and $5.55 billion.
Adobe expects non-GAAP ea...
Major U.S. indices ended the session lower as cautious sentiment ahead of key inflation data weighed on markets. $Dow Jones Industrial Average (.DJI.US)$ dropped 0.35%, $S&P 500 Index (.SPX.US)$ declined 0.30%, and $Nasdaq Composite Index (.IXIC.US)$ fell 0.24%, marking a second straight day of losses.
Sectoral and Stock Movements
The technology sector faced significant challenges, with $Oracle (ORCL.US)$ falling ...
this is just too tempting.
will add more when this pulls back.
No comment yet