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.
• Nasdaq Composite
The Nasdaq slipped slightly, down 0.06%, closing at 19,478.88. Wednesday's session exhibited typical choppiness as the index struggled against the 19,500resistance level. For Thursday, this level remains the key barrier, while 19,100 serves as critical support. A decisive break above 19,500 could signal renewed upward momentum, but a failure to hold above it would keep the downside risks ...
is looking like is ready to run again... however we could come down to 410.68 / 413.44 before breaking out of that downtrend and heading out to 420.12/422.21, 425.32, 427.79 / 429.4 and finally to 432.47.if this doesn't hold 409.6, next support is 408.14, 404.22 / 405.74, 401.89, and then 387.71 / 396.08
This is the follow-up to the post I wrote 3 days ago.
Yes, there are several other AI stocks worth considering beyond the top 10 mentioned earlier. While the initial list focused on established giants with significant AI investments, the AI landscape is dynam...
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