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Tag: Google Cloud

Opinion: The cloud boom is coming back to earth, and that could be scary for tech stocks

Posted on July 21, 2022 By admin No Comments on Opinion: The cloud boom is coming back to earth, and that could be scary for tech stocks
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 core element of tech infrastructure. As a potential recession looms, investors should be prepared for the cloud boom to return to earth, and there is…

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