DigitalOcean posted better-than-expected 3rd quarter final results, but the company of cloud-based mostly computing provider to small- and medium-size corporations supplied steerage for the fourth quarter that fell brief of Wall Road estimates.
There not long ago have been signals of slowing growth in the cloud sector, with
Microsoft
(ticker: MSFT) reporting a little disappointing final results for Azure in the September quarter, and
Amazon
(AMZN) putting up softer-than-expected earnings for Amazon Web Services.
DigitalOcean posted better-than-expected 3rd quarter final results, but the company of cloud-based mostly computing provider to small- and medium-size corporations supplied steerage for the fourth quarter that fell brief of Wall Road estimates.
There not long ago have been signals of slowing growth in the cloud sector, with
Microsoft
(ticker: MSFT) reporting a little disappointing final results for Azure in the September quarter, and
Amazon
(AMZN) putting up softer-than-expected earnings for Amazon Web Services.