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Big Tech eyes a potentially gloomy fourth quarter and the housing market cools off - Forbes AI Newsletter October 29

Big Tech eyes a potentially gloomy fourth quarter and the housing market cools off – Forbes AI Newsletter October 29

AFP via Getty Images TL;DR Silicon Valley’s Best Didn’t Have a Good Q3, and Things Are Getting Worse for Q4 The housing sector has remained strong over the past 12 months, but it appears to be coming to a screeching halt with the biggest monthly decline in growth since records began in 1987 Thematic investing …

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Best Cloud Computing Stock: IBM vs. Alphabet |  The motley fool

Best Cloud Computing Stock: IBM vs. Alphabet | The motley fool

As tech stocks got hammered in 2022, the cloud computing industry spun at an impressive rate of growth. According to the research firm Gartnerthe public cloud industry alone is expected to grow 20% this year. That’s nearly half a trillion dollars in 2022. Just a decade ago, global public cloud computing revenues were just $26.4 …

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The cloud boom has hit its stormiest moment yet, and it's costing investors billions

The cloud boom has hit its stormiest moment yet, and it’s costing investors billions

The cloud boom has finally reached an altitude of rest, but Wall Street is doing anything but rest. Amazon.com Inc. AMZN, -4.06%, the original cloud computing pioneer, confirmed Thursday which rivals Microsoft Corp. MSFT, -1.98% and Alphabet Inc. GOOGL, -2.85% GOOG, -2.34% suggested with their earnings reports earlier in the week: Cloud computing growth has …

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Google shares plummet as YouTube suffers first drop in ad sales

Google shares plummet as YouTube suffers first drop in ad sales

Google’s parent company suffered a sharp drop in its share price after revealing the first-ever drop in advertising revenue from its YouTube video streaming service. YouTube ad sales fell 1.9pc to $7.1bn (£6.2bn) in the three months to September 30, compared to a year earlier, in the latest sign of a slowdown in the global …

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