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.
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Microsoft and Meta beat earnings. But investors didn’t like the soft guidance on Microsoft’s Azure cloud revenue growth, as well as Meta's projected higher capital expenditure on AI. $Microsoft (MSFT.US)$ $Meta Platforms (META.US)$
Apple reported decent results but failed to impress investors amid the competition in China. $Apple (AAPL.US)$
Goog...
I have been saying since 2018 do not touch China stocks, there's a structural reversal in China economy since 2016.
the anchor for its decline has been nailed in 2020, there will be at least a 30 year decline in its economy, it may not collapse, but it will not grow, it will be like a zombie, not living, not dead.
anyway, you don't have to listen to me, you can just see things unfold as time goes on.
I just want to mention something that I feel is important (I will come to tha...
• $S&P 500 Index (.SPX.US)$ dropped 1.37%,
• $Dow Jones Industrial Average (.DJI.US)$ slipped by 0.15%,
• $NASDAQ 100 Index (.NDX.US)$ fell 1.5%.
Similarly, crude oil $Crude Oil Futures(DEC4) (CLmain.US)$ prices also dropped, down 5% this week after a ...
However, prior to last Friday, investors seem to have some concerns on Big Tech's high spending on AI, which yield limited results. That was why we had a bit of sell off in Meta and Microsoft
Meanwhile, there are also lots of uncertainties surrounding one of the most closely contested presidentia...
Also keep a close tab on the USA election. praying for the more spiritual candidate to win.
Here’s How Microsoft Keeps the Cost of Its Network Backbone Down
Highly dynamic network management allows the company to defer expensive fiber redeployments.
Mary Branscombe
March 3, 2018
Optical networks are expensive. A cloud provider like Microsoft spends tens of thousands of dollars just on optical equipment to deliver every 100Gbps increment in speed (leaving aside the cost of buying or leasing fiber). Microsoft’s US backbone network alone ...
A larger head and shoulder pattern is forming this week in BABA chart. The right shoulder fomation is in progress.
Potentially, $baba could reach US$89 quickily before heading higher. The correction from $118 to $89 is ending soon.
Do your own due diligence.
I am not a financial advisor
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