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.
Just past 4 pm ET the $S&P 500 Index (.SPX.US)$ climbed 0.54% the $Dow Jones Industrial Average (.DJI.US)$ climbed 0.72%, and the $Nasdaq Composite Index (.IXIC.US)$ climbed 0.65%.
MACRO
Friday, Un...
Go take a look at the chart on 13-15 June 2023. They dump the stock from 121 to 114, next day jump back to 120 within an hour. Then on 15 June, reached 124.
No comment yet