Nowhere was that more evident than in the cloud computing space this week, when bullish comments by a CEO caused cloud-native stocks to plunge. ServiceNow CEO Bill McDermott was the chief executive who offered his prognosis of the economy and the future of tech stocks -- and overall, his take was surprisingly bullish. "This doesn't fundamentally change the narrative that tech is the only way to cut through the crosswinds," McDermott told Jim Cramer during an appearance on CNBC's Mad Money. Read More...
Nowhere was that more evident than in the cloud computing space this week, when bullish comments by a CEO caused cloud-native stocks to plunge. ServiceNow CEO Bill McDermott was the chief executive who offered his prognosis of the economy and the future of tech stocks — and overall, his take was surprisingly bullish. “This doesn’t fundamentally change the narrative that tech is the only way to cut through the crosswinds,” McDermott told Jim Cramer during an appearance on CNBC’s Mad Money.
