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Signs of recession?

Art Post · 11/8/2210:43 PM

Signs of recession? Amazon announced that its Amazon Web Services (AWS) cloud services business grew 28% during last quarter, which is less than 39% growth in same period of last year Amazon stock shares slumped 12% Lost $140 billion from its market value “The AWS slowdown is a clear sign that businesses are beginning to trim costs.”; stated Andrew Lipsman, analyst at Insider Intelligence Microsoft announced that its Azure cloud storage business dropped to 35% growth from 50% last year...

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