Amazon Surges on Confidence Over Cloud, Spending Discipline
Grazed from Bloomberg. Author: Spencer Soper.
The stock set records three days last week and is up 12 percent this month, while the Standard & Poor’s 500 Retailing Index has gained 5.5 percent. The Seattle-based online retailer reports earnings Thursday. Analysts on average project earnings of $364 million on sales of $22.4 billion, according to data compiled by Bloomberg…


Tech giant Google recently announced that it is joining the OpenStack Foundation in its plan to upgrade its own cloud computing platform. OpenStack Foundation is the governing body that supervises the use of OpenStack, a free cloud-based program that counts some of the biggest names in technology as its member including Intel, HP and IBM.