Oracle shares have nosedived following the company’s disappointing cloud computing sales that missed Wall Street projections.

Oracle Shares Tumble Following Weak Cloud Forecast

Oracle’s stock has taken its biggest nosedive in three months following the company’s disappointing cloud computing sales that missed Wall Street projections. The tech giant’s second-quarter cloud revenues fell short of analysts’ estimates, and it also gave a disappointing cloud growth forecast for the current quarter. The miss for last quarter and the lower-than-expected forecast…

Google Cloud has a new chief operating officer, AI and Big Data drive federal cloud spending, AWS drops first major ad campaign.

Cloud Round-Up: Google Cloud Gets a New COO, DoD Increases Cloud Spending, Major Ad Campaign From AWS, Wall Street Responds to re:Invent

In this week’s Cloud News Round-Up, Google Cloud has a new chief operating officer, AI and Big Data drive federal cloud spending, AWS drops first major ad campaign and gets a boost from Wall Street following their annual re:Invent Conference. Like what you see on Liftr News? We want to hear from you. Email us at ideas@liftrnews.com

Amazon's stock received two price hikes from Wall Street analysts following its annual re:Invent conference.

Wall Street Raises Amazon Stock Price Target Following re:Invent Cloud Conference

Wall Street apparently loves what it saw at Amazon Web Service’s mega cloud computing conference this week. The tech giant’s stock received two major price hikes following its annual re:Invent conference, which was marked by a slew of new products and high-profile partnerships bolstering Amazon’s market dominance in the cloud. Wells Fargo raised its price…