Every week I’ll provide updates on the latest trends in cloud software companies. Follow along to stay up to date! Busy week! Lots to unpack, I’ll hit on a couple of my favorite topics from this week below. AI = Data + Compute I’ll continue beating this drum, but we got two great quotes from Azure and AWS this week. Satya at Azure said “Every AI app starts with data and having a comprehensive data and analytics platform is more important than ever.” Then at AWS Summit they called out “Your data is your differentiator when it comes to Generative AI.” Data is more important than ever!
The reason SNOW fell in 2008 was the market crash. When portfolios are getting margin calls, indiscriminate selling happens irrespective of company fundamentals. Then, the share price picks up as the Fed comes to the rescue in line with the rest of the market (risk-on sentiment).
Thanks for sharing, can get some insights on Digital Infrastructure growth and trends and forward multiples ?
The reason SNOW fell in 2008 was the market crash. When portfolios are getting margin calls, indiscriminate selling happens irrespective of company fundamentals. Then, the share price picks up as the Fed comes to the rescue in line with the rest of the market (risk-on sentiment).