Cloud computing is become the industry standard for the management and distribution of computing resources. Precedence Research projects the $380 billion cloud computing market (2021 figure) will grow at a 17.4% compound annual growth rate and rise to $1.6 trillion annually by 2030. The three largest cloud computing providers at the moment are Amazon (NASDAQ: AMZN), Microsoft (NASDAQ: MSFT), and Alphabet (NASDAQ: GOOGL) (NASDAQ: GOOG), although each company's cloud computing segment is just part of a much larger operation. Read More...
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2 Big Stock Market Predictions for 2023
2022 was the worst year for the stock market since the financial crisis, fueled by a combination of rising interest rates, economic worries, war in Ukraine, inflation, and other factors. While nobody has a crystal ball, here are a couple of my predictions for the stock market in 2023 and why I believe each one is likely. My bold prediction is that the stock market will rebound sharply in 2023, with a 20% gain (or more) in the S&P 500 benchmark index.