Super-large cloud providers see collective gains, with Amazon rising by over 7%
2026-11-04 23:30:11
According to CoinMeta, large-scale cloud service providers have seen a collective rise in prices: Amazon has increased by over 7%, Microsoft by over 6% to a new high, Google by over 5%, Meta by over 2%, and Oracle by nearly 1%. On the news front, the dust from the U.S. mid-term elections has settled, and concerns regarding "strengthening regulation of AI" have significantly eased, leading to a rapid rebound in global appetite for technology and risk assets. Additionally, hedge fund magnate Bill Ackman stated in his latest letter to investors that the future revenue growth of large-scale cloud service providers will exceed expectations. His firm holds shares in Microsoft, Meta, Amazon, and other major AI investors. He estimates that the return on invested capital before taxes for these large-scale cloud service providers can reach 15% to 25%.
Source:Internet
This content is for market information only and does not constitute investment advice.
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