Detailed text transcripts for TV channel - CNN - 20190718:08:58:00
Federal reserve interest rate cut in two weeks. growth in ibm's cloud business is the bright spot. the cloud division was up 5% on 5.6 billion revenue while ibm's cloud business was up, the growth pales in comparison to the competitors. microsoft azure and amazon web services posted web growth of 73% in the quarter ending march 31. amazon web services grew more than 41% in the first quarter of 2019. ibm says there is still growth opportunity for ibm cloud especially with the acquisition of software company red hat that closed earlier this month. the trade war with china is having an affect o...
Source: archive.org