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.
Coinbase CEO Brian Armstrong Teases Crypto Credit Card Powered By American Express—Bitcoin Cashbacks Offered, But Here's The Catch
AMD Challenges Nvidia's AI Dominance With New Helios Server As OpenAI CEO Sam Altman Confirms ChatGPT Will Use Lisa Su-Led Tech Giant's Latest Chips: 'Future Of AI Is Not Going To Be Built By Any One Company'
Adobe in Charts: FQ2 Digital Media and Digital Experience Revenue Grow in Double-digits
AI-driven performance growth! Adobe announces optimistic Earnings Reports, but competitive pressure has not dissipated.
①Adobe announced its second-quarter earnings report, with revenue of 5.87 billion dollars, an 11% year-on-year increase, exceeding Analyst expectations. The adjusted EPS is 5.06 dollars, a 13% year-on-year increase, also better than expected; ② Despite the strong performance, investors remain concerned about Adobe's prospects, believing it faces intense competition in the Asia Vets field. Adobe's stock price fell by 1.49% in after-hours trading.
Meta Invests In Scale AI At $29 Billion Valuation, Taps CEO Alexandr Wang To Drive Internal AI Push As Part Of Deepening Partnership
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United States data center fundraising sets a record, Goldman Sachs warns: recent momentum is strong, but be wary of long-term "oversupply" risks.
Goldman Sachs Analyst Vinay Viswanathan pointed out that the size of the data center securitization market has surged from 5 billion dollars to 30 billion dollars. This explosive growth is mainly driven in the short term by a spike in capital expenditure for cloud computing, tight supply situations, and policy support. However, the Goldman Sachs team expects that the data center market will reach peak occupancy by the middle of next year and will gradually slow down in the following years.
Oracle Stock Surge Bumps Larry Ellison to World's Second Richest Person
US stocks closed: the three major Indexes all rose collectively, Oracle's stock price hit a new high, and Boeing plummeted.
① Oracle's performance is impressive, and cloud business is expected to accelerate growth; ② Jensen Huang: Autonomous driving and Siasun Robot&Automation will take off; ③ Trump blocks California's plan to ban the sale of RBOB Gasoline vehicles; ④ The accident involving Air India marks the first tragedy for the Boeing 787 model.
Here's How Much $100 Invested In ServiceNow 5 Years Ago Would Be Worth Today
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Wall Street Today: S&P, Nasdaq Composite and DJIA Eke Out Gains as Oracle Rallies
Adobe Non-GAAP EPS of $5.06 Beats by $0.09, Revenue of $5.87B Beats by $70M
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Major Indexes Are Higher Following Softer-than-expected May PPI Figures and Strong Earnings From Oracle.