The Direxion Daily Cloud Computing Bull 2x (NYSEARCA: CLDL), an exchange-traded fund (ETF) offering 2x leveraged daily exposure to companies in the cloud computing sector, has recently experienced notable declines. On a recent Tuesday, CLDL's share price dipped by 0.7% to trade as low as
Alibaba Group Holding has showcased a distinct shift in its strategic direction, leaning heavily into artificial intelligence (AI) and cloud computing while its traditional e-commerce sectors face headwinds. The company's cloud computing division has emerged as a critical growth driver,
In a groundbreaking move to penetrate Thailand's rapidly expanding cloud computing market, SiS, a leading IT products distributor in Thailand, has forged a strategic partnership with ZStack, a prominent global cloud computing technology provider. This collaboration marks a significant step in
Amazon Web Services (AWS) recently made a significant change to its cloud offerings by halting new customer sign-ups for several of its services. This decision, announced in late July 2024, raises questions about the reasoning behind the move and the future direction of AWS's service
Kubernetes, the widely adopted open-source container orchestration platform, is on the brink of another significant update. Scheduled for release on August 13, 2024, Kubernetes version 1.31 is poised to introduce critical advancements focusing on AI support and resource management. This update is
The global public telecom cloud market is standing on the brink of unprecedented growth, expected to transform industries and redefine digital landscapes worldwide. As we peer into the future spanning from 2023 to 2032, several critical drivers, key players, and regional nuances carve out a
