Pricing

Amazon Earnings Preview: Recession Fears May Lead to Cuts to Amazon’s Cloud Computing Services

With recession fears looming, Amazon.com’s cloud services business could come under pressure, Mizuho Securities analysts warned in a note heading into the tech giant’s second-quarter earnings announcement scheduled for Thursday. Mizuho analysts recently took a call with IT service companies and found that CIOs expect a “shallow stagnation scenario” and will reduce their spending by …

Amazon Earnings Preview: Recession Fears May Lead to Cuts to Amazon’s Cloud Computing Services Read More »