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11/20/2020 06:36

#Cloud Computing Industry and Cloud Stocks $Snowflake Inc, a cloud data warehousing firm, is scheduled to announce its first earnings report on December 2nd since its IPO in September, 2020.

Let’s Learn more about cloud computing stocks and its industry trends.

The cloud computing industry leaders and top cloud stocks cover a similarly wide range, from $Amazon.com(AMZN) to Google parent $Alphabet(GOOG) to $Microsoft(MSFT), $Alibaba (BABA) and $Oracle(ORCL).

Let’s look at the cloud supply chain:

Companies such as $Intel(INTC), artificial intelligence (AI) leader: $Nvidia (NVDA), and $Micron Tech(MU) sell chips built into servers. Fiber-optic device makers sell parts for high-speed communications networks. Seagate Technology sells solid-state data storage systems. $Arista Networks(ANET) and $Cisco Systems(CSCO) sell specialized network switches and routers that make the cloud superfast.

The biggest buyers of data center infrastructure are $Amazon.com(AMZN) Web Services, $Microsoft's(MSFT) Azure and Alphabet's $Alphabet(GOOG), as well as consumer-facing companies like $Apple (AAPL) and $Facebook (FB).

Companies like $Salesforce.com(CRM) that offer subscription-based software-as-a-services (SaaS) arrived before the term cloud computing was coined.

Discussion: What are your thoughts about the cloud computing industry? Considering all the cloud stocks, which stocks do you think will perform significantly better than the others? If you own one of these stocks, what are your trading strategies for the upcoming weeks/months?

Share your thoughts and opinions with other members of the Webull community. Inspire others with your knowledge about this specific topic! As usual, we ask you to engage in kind and respectful discussions. Thank you.
Disclaimer: The comments, opinions and analysis expressed herein are for informational and educational purposes only and shoulk not be considered as individual investment advice or recommendations. Webull is not responsible or liable in any way for comments posted by pur users.

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All Comments(18)

Lba***com11/21/2020 16:26
Important information thank you!🤑

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RackedUpZz11/21/2020 06:04
Whats the best play $Alibaba or $Snowflake Inc ?

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jps***com11/20/2020 22:51
Microsoft seems like the most steady long term cloud play from what I have read

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rahmat*on11/20/2020 21:22
$Amazon.com will lead in Cloud in North America and $Alibaba in Asia - two big players ↗️ 💯

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NEO NOE11/20/2020 18:25
I like the news..thank you webull

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Teresa11/20/2020 18:02
☁️

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Dratus,Inc.11/20/2020 17:43
The best thing to look for is what difference they’re bringing that will help them stand out among the top leaders in the market now.

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Kam***com11/20/2020 17:39
Arista is the place to be at

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cec***com11/20/2020 17:17
small investment and big return,prove it I'm hear

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Cjmac11/20/2020 17:16
Microsoft wins this battle imo

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Nic***com11/20/2020 17:16
Amazon is still the best play on cloud. Google and Microsoft too

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jbh***com11/20/2020 17:12
I'm new to trading. Excited to get started

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Har***com11/20/2020 17:05
New to this so hopes are high

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pow***com11/20/2020 16:52
this week bought $WCLD it isclimbing

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STYLEZ0111/20/2020 16:50
thanks 😊

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