News Formal

Cloud stocks are getting clobbered

  • 📰 CNBC
  • ⏱ Reading Time:
  • 18 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 10%
  • Publisher: 72%

Sverige Nyheter Nyheter

Sverige Senaste nytt,Sverige Rubriker

Cloud stocks are often among the hardest hit when markets fall, as investors give back some of the sector's impressive gains.

div > div.group > p:first-child"> Here's where some major cloud firms stood as of 12:30 pm in New York:

For comparison, the S&P 500 and Nasdaq Composite declined just 0.8 percent and 1.1 percent, respectively. Even after Wednesday's losses, Twilio is up more than 220 percent in the last 12 months, Atlassian and Okta are each up about 100 percent during the same period, and Veeva is up almost 70 percent.Subscribe to CNBC on YouTube.

Vi har sammanfattat den här nyheten så att du kan läsa den snabbt. Om du är intresserad av nyheterna kan du läsa hela texten här. Läs mer:

 /  🏆 12. in SE
 

Tack för din kommentar. Din kommentar kommer att publiceras efter att ha granskats.

Sverige Senaste nytt, Sverige Rubriker

Similar News:Du kan också läsa nyheter som liknar den här som vi har samlat in från andra nyhetskällor.

Amazon, Volkswagen agree strategic partnership for 'industry cloud': reportGerman carmaker Volkswagen and Amazon.com Inc have agreed on a strategic partner...
Källa: Reuters - 🏆 2. / 97 Läs mer »

Microsoft says 'no one's even close to what we're offering' in a cloud market that Amazon and Google are only just starting to enterWhile Amazon and Google are only just getting started with hybrid cloud, Microsoft is announcing still more hybrid cloud capabilities.
Källa: BusinessInsider - 🏆 729. / 51 Läs mer »