Young Research & Publishing Inc.

Investment Research Since 1978

Disclosure

  • About Us
    • Contributors
    • Archives
    • Dick Young’s Safe America
    • The Final Richard C. Young’s Intelligence Report
    • You’ve Read The Last Issue of Intelligence Report, Now What?
    • Dick Young’s Research Key: Anecdotal Evidence Gathering
    • Crisis at Vanguard
  • Investment Analysis
    • Bonds
    • Currencies and Gold
    • Dividend Investing
    • ETFs & Funds
    • Investment Strategy
    • Retirement Investing
    • Stocks
    • The Efficient Frontier
  • Investment Counsel
  • Dynamic Maximizers®
  • Retirement Compounders®
  • Free Email Signup

How High Can Cloud Computing Soar?

February 5, 2019 By Jeremy Jones, CFA

By Blackboard @ Shutterstock.com

Despite predictions of difficulty for cloud computing, the business continues to perform well. Bloomberg reports that despite uncertainty over the market for cloud computing solutions, investors have been rewarded for their faith in the business. Matt Day and Jeran Wittenstein write:

Earnings reports from the biggest providers of internet-based computing services – Amazon.com Inc., Microsoft Corp., and Alphabet Inc.’s Google – showed that these companies are grabbing a larger share of business technology spending, defying warnings from some of their suppliers that a hot corner of the industry might be cooling off.

The cloud giants entered the year facing questions about whether they could sustain their robust growth rates in an environment of uncertain global economic growth and investment. And at the start of fourth-quarter earnings season last month, investors got some worrying news from companies that sell the networking equipment and computer chips that go into the data centers that underpin the cloud. Intel Corp., Micron Technology Inc. and Juniper Networks Inc. were among those blaming lackluster results on slower spending by data-center customers.

Now, investors have some reason to be relieved. On Monday, Google reported sales in its “other revenue” segment, a bucket that includes the Google Cloud Platform, of $6.49 billion in the fourth quarter, up 31 percent from a year earlier. Capital expenditures at Google soared 80 percent, to $6.8 billion. While the stock declined in extended trading on concerns about how the investments will impact profitability, much of the higher spending is tied to new data centers and related hardware — a signal that demand for cloud services is holding up.

Read more here.

How does Microsoft Azure work?

Share this:

  • Email
  • Twitter
  • Facebook

You Might Also Like:

  • Can Tech Investors Hide in the Cloud?
  • Microsoft’s New Success? The Cloud
  • Investors Wary of Google’s Partnership Fees
  • Author
  • Recent Posts
Jeremy Jones, CFA
Jeremy Jones, CFA, CFP® is the Director of Research at Young Research & Publishing Inc., and the Chief Investment Officer at Richard C. Young & Co., Ltd. Richard C. Young & Co., Ltd. was ranked #5 in CNBC's 2021 Financial Advisor Top 100. Jeremy is also a contributing editor of youngresearch.com.
Latest posts by Jeremy Jones, CFA (see all)
  • Resilient Nordic Market Spawns Fast Growing Offshoot - August 9, 2022
  • SHOCK: Home Prices FALL in San Francisco as Market Dries Up - August 8, 2022
  • Despite All the Money Involved, Crypto Is Still a Wild Market - August 5, 2022

Search Young Research

Most Popular

  • The Key Ingredient to an $8 Million Estate Is This
  • SCHUMER-MANCHIN: An "Inflation" Bill that Doesn't Fight Inflation
  • NO GO ZONES: The Wealthy Protected, the Rest Left to Rot
  • Do Governments Cause Recessions On Purpose?
  • The Power of a Compound Interest Table
  • American Manufacturers ALARMED by Schumer-Manchin Tax Hike Plan
  • Is a Housing Market Crash Next?
  • Do You Have $500,000 in Savings? Avoid This Nightmare
  • Vanguard Wellesley (VWINX) vs. Wellington (VWELX): Which Fund is Best?
  • Field of Dreams: You Too Can Live Like a Billionaire

Don’t Miss

Default Risk Among the Many Concerns with Annuities

Risk and Reward: An Efficient Frontier

How to be a Billionaire: Proven Strategies from the Titans of Wealth

Could this Be the Vanguard GNMA Winning Edge?

Cryptocosm and Life After Google

Warning: Avoid Mutual Fund Year End Distributions

Is Gold a Good Long-term Investment?

How to Invest in Gold

Vanguard Wellington (VWELX): The Original Balanced Fund

What is the Best Gold ETF for Investing and Trading?

Procter & Gamble (PG) Stock: The Only True Dividend King

The Dividend King of the North

You’ll Love This if You’re Dreaming of an Active Retirement Life

RSS The Latest at Richardcyoung.com

  • Pelosi’s Trip a “Pointless Gesture That Brought Us Closer to Military Conflict”
  • RIP David McCullough
  • Your Retirement Life: Let the Slow and Steady Be Your Way of LIFE
  • Who Benefits from and Orchestrated the Trump Raid?
  • California’s Progressive Liberals Have Created a Monster
  • DeSantis Leadership: Good Government and Smart Politics
  • The Most Vulnerable Will Suffer at the Hands of Anthony Fauci
  • If the Phone Doesn’t Ring…It’s Me
  • REGION AT RISK? Chaos of War Surrounds Ukrainian Nuclear Plant
  • Did China Buy Land in North Dakota to Spy on Air Force Base?

About Us

  • About Young Research
  • Archives
  • Contributors

Our Partners

  • Richard C. Young & Co.
  • Richardcyoung.com

Copyright © 2022 | Terms & Conditions

 

Loading Comments...
 

    loading Cancel
    Post was not sent - check your email addresses!
    Email check failed, please try again
    Sorry, your blog cannot share posts by email.