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Microsoft earnings: How to look for a clue about a cloud downturnWhen Microsoft reports fiscal second-quarter earnings Wednesday afternoon, there could be at least one data point to test the theory that the cloud boom is going bust.
Source: MarketWatch - 🏆 3. / 97 Read more »
Microsoft wins cloud business from Albertsons as fear of Amazon grows among retailersMicrosoft has signed a three-year deal with Albertsons, picking up another big cloud customer as retailers express their fear of Amazon. Rooting for MSFT 🤞🏻
Source: CNBC - 🏆 12. / 72 Read more »
Europe's most valuable tech firm wants to triple its cloud business by 2023Business software company SAP said on Tuesday it would undertake a company-wide restructuring as it presses ahead with its business transformation, stressing its ambition to more than triple its cloud business by 2023.
Source: CNBC - 🏆 12. / 72 Read more »
Intel’s cloud boom is no longer making it rain, and that’s a problemIntel Corp. stopped any talk of a chip rebound Thursday, and signaled that the cloud boom that sustained the chip giant has reached a pause at best, and an end at worst. Hmm. Maybe there are better chips from other manufacturers? $AMD?
Source: MarketWatch - 🏆 3. / 97 Read more »
Ad exchange OpenX commits to $110 million Google Cloud dealPrivately held ad software firm OpenX announced on Thursday a five-year agreemen... wow Lol! i guess they wont hit 99.99 uptime
Source: Reuters - 🏆 2. / 97 Read more »
IT Spending Expected to Rise in 2019 Amid Shift to Cloud ServicesGlobal spending on information technology is expected to rise 3.2% this year, as corporate IT budgets continue to shift into cloud services and away from on-premise data centers, according to Gartner. Old news
Source: WSJ - 🏆 98. / 63 Read more »
Singapore’s $40 bln flash crash clouds IPO pushJardine Matheson shares abruptly plummeted some 80 pct before rebounding. A fat finger trade is being ruled out, but the cause remains unknown. Either way, it’s a setback for a market already plagued by outages and liquidity concerns. Attracting new listings just got tougher.
Source: Breakingviews - 🏆 470. / 51 Read more »
North Korea's push to use more coal clouds environmental futureNorth Korean leader Kim Jong Un sees coal as a key way to boost the economy, but... Clean coal, clean! This appears to be a fire - not coal use. Bit of fakenews to make your point? They have real-world problems that they are facing now. it also makes a joke out of Germany going out of the coal business
Source: Reuters - 🏆 2. / 97 Read more »
Nvidia is latest sign that the cloud boom is dyingNvidia Corp.’s Monday morning bombshell adds to doubts about the cloud boom and China, as this earnings season continues to signal that one of the major reasons to invest in tech companies is falling apart.
Source: MarketWatch - 🏆 3. / 97 Read more »