What is Cloud Banking?Banking service known as "cloud-based banking" makes use of cloud computing to deliver services from banks.Cloud computing refers to the usage of a shared network of distant serv...
The stock markets of 2023 have exceeded expectations, defying the predicted economic recession and stock decline. Despite regional bank failures and increasing interest rates, the US economy continues...
In a roller-coaster ride of market trading on Wednesday, the tech stock landscape witnessed a tumultuous upheaval, leaving investors grappling with significant financial setbacks. The value of tech co...
What is the definition of a Balance Sheet?DefinitionThe balance sheet is a financial statement that reports a company’s total assets and how these assets are financed either through debt or equity p...
Warren Buffett and Berkshire (BRK-A and BRK.B) have left a lot of investors confused about the state of investing in these times. About a month ago the company sold off its major airline shares. Berk...
Cloud computing companies have proven to be major beneficiaries of the coronavirus pandemic as their stocks continue to surge amid the coronavirus pandemic.Last week, the BVP Nasdaq Emerging Cloud In...
The managers of ANT Group, a subsidiary of Alibaba is in plans to offer 15% of the company in an initial public offering, placing a value of $200 billion on the financial technology business. With...
On Wednesday, Apple hit a market cap of $2 trillion, this is double their initial valuation which was at $1 trillion in just two years after its first major hit which took over thirty years to be a...
The stock market saw a rise on Tuesday, following a recovery from the previous session’s steady sell-off. Amazon took the lead of Big Tech shares with a higher percentage. The S&P 500 c...
Alibaba chief finance officer Maggie Wu said on Wednesday that the company’s cloud computing business will hopefully become profitable in this fiscal year, for the first time.The company’s current...