Amazon Warns of Slowdown in Cloud Growth
Bloomberg Businessweek
00:00
Amazon's Cloud Computing Earnings Call Was a Head Scratch
Amazon's earnings released came out after market close and there's a lot of good news in it. But then about 90 minutes later on the analyst call, they divulge that cloud computing sales are actually slowing down a little bit so far in April. People got nervous and shares started going down from there. It really was a reaction to just the outlook of Amazon's cloud computing business is what the market reacted to today.
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