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MORGAN STANLEY: The data center market is getting a huge boost, thanks to big cloud spending from Amazon and Facebook (AMZN, FB, GOOGL, MSFT)

Business Insider Tuesday, 15 May 2018
MORGAN STANLEY: The data center market is getting a huge boost, thanks to big cloud spending from Amazon and Facebook (AMZN, FB, GOOGL, MSFT)· *Tech giants are investing more heavily in infrastructure than previously believed, according to Morgan Stanley.*
· *In a report Tuesday, the firm said it expects cloud capital expenditures to grow 29% year-over-year in 2018. The firm previously thought growth would be closer to 23%. *
· *The change is primarily led by...
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Source: Bloomberg Global Business - < > Embed
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