Scalper1 News
In a research note Wednesday, Credit Suisse analyst Stephen Ju reiterated his belief that Amazon’s (AMZN) cloud computing business will burn through less cash while growing, expanding on his thinking. Ju writes that growth for cloud division Amazon Web Services (AWS) has dropped below 100% — and capital expenditures are falling already. Even if he’s wrong, Ju writes, that would make the investment bank’s AWS usage and revenue estimates incorrect, Scalper1 News
Scalper1 News