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.
- 1218.064
- -35.217-2.81%
$Alibaba (BABA.US)$ $Tencent (TCEHY.US)$ $PDD Holdings (PDD.US)$ $NIO Inc (NIO.US)$
there are economists who say that the removal of Most Favoured Nation status on all China imports, is equivalent to a 60% tax tariff, and that will be a -7% impact on China's GDP, and RMB has to be devalued in order to cope.
impact on US GDP is -0.8 to -1%.
if this bill passes, it slaps a minimum of 35% on imports.
I have no...
the earnings called established SOP for shares buyback as part of BABA policy.
so, every time price goes down, will buy back?
What's the objective?
to prop up the price?
this is good?
how likely these 2 patterns are so similar?
previously 8 weeks down, now 6 weeks down, next 2 weeks will it continue?
Consensus Estimates
● The analyst consensus has Nvidia reporting revenue of $33.03 billion, up 82% year-over-year. The world's most valuable company’s stock has nearly tripled in 2024 driven by demand for the company’...
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EZ_money : Trump trade?
EZ_money : they say it's supply and demand which is actually a sign of global economic slowdown. Russia is headed for recession, China had negative GDP QoQ, US jobs propped up by government jobs not the kind of growth you want ..... unemployment numbers will spike up, that's also a false reading they don't count for the people who just quit the job hunting all around, or people who used up their unemployment benefits, so in reality that number is much higher
EZ_money : to only count new unemployment benefits applications as unemployment numbers seem to be a con used to Feds advantage. again, Jerome Powell main job is to ensure to the public that the banking system and economy is strong and there is nothing to worry about they have it under control.... even when they don't have a clue. the main purpose right now is to avoid runs on deposits in banks that are suffering from commercial real estate loan losses because it's those deposits that are the only thing keeping them from closing the doors. this is why i been warning people to research your bank and find out if it's one of the 200 banks that the feds admitted to being in trouble. it's more than 200 btw. get your money out because they passed a law that allows banks to use deposited money without the people's consent. they can take your money if the bank is in trouble to keep them from closing the doors it's called a bail-in