Amazon’s cloud warning set to erase nearly $60 billion in value – Times of India
[ad_1] Amazon.com Inc shares fell nearly 5% on Friday after the company warned its lucrative cloud services business slowed further in April, fuelling concerns that the long-time growth driver was struggling with a pullback in technology spending.The company, one of the largest in the world by market capitalization, is on track to shed about $60 … Read more