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Cloud software is a ‘fight for a knife in the mud,’ and Wall Street is souring on the one sector that was winning

Por: MarketWatch Business December 03, 2022

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A parade of earnings from big cloud-software names this week actually led to a slight rebound in their stocks overall, after huge declines in recent months. Those reports did not change the overall takeaway from cloud-software providers so far this year, however: Chief information officers, the execs in charge of digital infrastructure, are strapped for cash and delaying contracts because of macroeconomic uncertainties. “After an epic run,... + full article



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