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.
Rain AI claims that its chips are more efficient and powerful than Nvidia's, and the company has hired former Apple c...
Weak U.S....
Although Federal Reserve Chair Jerome Powell stressed that the central bank will take a cautious approach to future policy moves, optimism for another interest-rate cut at this month's Fed meeting remained intact. Data released by payroll processor ADP showing a slowdown in private-sector hiring during N...
UiPath beat analysts’ revenue expectations by 4.1% last quarter, reporting revenues of $316.3 million, up 10.1% year on year. It was a very strong quarter for the company, with an impressive beat of analysts’ billings estimates and a solid beat of analysts’ EBITDA estimates.
For this reporting quarter, analysts are expecting UiPath...
...after the Fed’s Jerome Powell said the US economy is in remarkably good shape. For some, it seems that although Christmas is 20 days away, many are already celebrating that the Dow Jones $dow jones soared above 45,000 for the first time ever, and the S&P 500 hit its 56th...
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