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.
Elon Musk Threatens Legal Action Against 'Perpetrators And Collaborators' Of Social Media Advertising Boycott
Elon Musk, the owner of social media platform X, has announced his intention to take legal action against those he accuses of unlawfully avoiding advertising on social media platforms.What Happened:
Spotify Loses Comedian Dax Shepard's 'Armchair Expert' Podcast To Amazon's Wondery In $80M Deal: Report
Popular comedian Dax Shepard has inked a deal worth around $80 million with Amazon.com Inc.'s (NASDAQ:AMZN) Wondery for his acclaimed podcast "Armchair Expert."What Happened: Under the new agreement,
Snowflake Analyst Ratings
Date Upside/Downside Analyst Firm Price Target Change Rating Change Previous / Current Rating 07/12/2024 19.14% Piper Sandler $240 → $165 Maintains Overweight 07/08/2024 51.64% Needham $210 → $210
Adobe Analyst Ratings
Date Upside/Downside Analyst Firm Price Target Change Rating Change Previous / Current Rating 07/12/2024 13.62% Piper Sandler $700 → $635 Maintains Overweight 06/17/2024 18.09% Bernstein $653 → $660
Microsoft's $1.5B Investment In UAE AI Firm With China Ties Raises Eyebrows Among Republican Lawmakers: 'Deeply Concerned By Attempts To Move Quickly'
$Microsoft(MSFT.US)$ $1.5 billion investment in UAE-based AI firm G42 has drawn criticism from Republican lawmakers over the company's historical ties to China.What Happened: Rep. Michael McCaul (R-
ChatGPT-Maker OpenAI Has A 5-Step Map To Chart Progress To Superintelligence — The Ultimate Level Will Be An 'Organization'
ChatGPT-maker OpenAI has introduced a five-tier system to track its progress in developing AI software that outperforms human capabilities.What Happened: On Tuesday, OpenAI disclosed the new