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.
OpenAI's ChatGPT Makes Headway In Search, Threatening Google's Reign
9 Out of 12 Companies Deliver EPS Wins This Week-Earnings Scorecard
Amazon Re:Invent Creates Positive Implications for Several Semi, Hardware Stocks
Meta Announces Llama 3.3 70B That Outperforms OpenAI's GPT-4o, Google's Gemini, and Amazon's AI Models
Wall Street 'Froth' Marks Weekly Win, Record High for S&P and Bitcoin Piercing $100K
Weekly Buzz: Now THOSE are records!!
MARKET-TEST-DUMMY : Not sure the question is will it, but when it. NFA, JUST RISKY OPINIONS! But the evidence is building up.
HailTheApocalypse : I hope so. I work for them and put money in a stock purchase program every week so I've been ahead since the split.