Submitted by Paradox68 t3_125ui0d in wallstreetbets
Paradox68 OP t1_je7aswf wrote
Reply to comment by rrocketman88 in Anyone else think AMZN is going to pop off tomorrow? by Paradox68
Yeah AWS isn’t going anywhere. Just because it’s not growing as rapidly doesn’t concern me at all. Of course they’re not going to grow rapidly… it started with them being the new player to cloud compute, then they basically undercut the entire market, quickly became the most popular (or one of?) cloud service provider, and now they’re leveling off. Thing with investors is they see things like this and get scared there’s going to be a nosedive, because traditionally, that would be a more likely scenario given that limited information. However, AWS is still going strong. There are just less and less people who are not using AWS every day, so the pool of people who can migrate to their services shrinks.
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