With recession fears looming, Amazon.com Inc.’s cloud service business could be under pressure warns Mizuho Securities analysts in a note heading into the tech giant’s second-quarter earnings announcement scheduled for Read more
Tag: Cloud Computing
Opinion: The cloud boom is coming back to earth, and that could be scary for tech stocks
Cloud computing is widely viewed as a recession-resistant business, but the theory has not really been tested since cloud-service providers have not experienced a major economic downturn since becoming a Read more
SAP posts higher revenue, but lowers annual forecast as Russia’s war in Ukraine harms profit
SAP SE on Thursday posted higher revenue for the second quarter as its cloud business continued to grow, but the war in Ukraine harmed operating profit, prompting the German business-software Read more
SAP posts higher revenue, but lowers annual forecast as Russia’s war in Ukraine harms profit
SAP SE on Thursday posted higher revenue for the second quarter as its cloud business continued to grow, but the war in Ukraine harmed operating profit, prompting the German business-software Read more
Arista stock rises after upgrade: ‘This is the kind of name to own as the economy weakens’
Arista Networks Inc. is “one of the most insulated from macro pressures” in the networking sector, according to a Needham analyst, who upgraded the stock to buy from hold Tuesday Read more
If you believe in Amazon, its stock is now a bargain after falling 34% this year
Amazon.com’s stock had declined by a third this year. The company has been an incredible performer for decades and the shares have tumbled before, only to recover and press higher. Read more
Senators urge FTC to investigate TikTok over how it handles U.S. user data
The two top members of the Senate Intelligence Committee on Tuesday urged the Federal Trade Commission to investigate TikTok and its parent company over how it handles user data. In Read more
TikTok users are launching virtual protests of Supreme Court’s Roe v. Wade ruling, but will they exert enough economic pressure?
Could TikTok do for social activism what busing boycotts and massive marches did to effect change in the 1950s, ’60s and ’70s? A massive buying strike planned by women on Read more