DID YOU KNOW? Amazon's cloud-computing business grew 46% in the 3rd quarter of 2018. generating revenue of $6.68 billion in the quarter.....around 12% of all of Amazon's business. Amazon is the world's biggest provider of public cloud infrastructure, well ahead of Microsoft, Alphabet, and others. Microsoft said its Azure cloud grew 76% year over year. (CNBC)
“If You Don’t Like Something Change It; if You Can’t Change It, Change the Way You Think About It.”
– Mary Engelbreit
DID YOU KNOW? Chartwell, the Bel Air, California mansion that was made famous by the "Beverly Hillbillies", is on the market for $245 million - the most expensive listing in the USA - yet already price chopped over $100m from its original Hollywood-scaled price of $350 million. Set on 10.3 acres the 25,000 sf estate also features a 5-bedroom guesthouse, a 75-foot pool and pool house, a tennis court, a 40 vehicle garage and a 12,000-bottle wine cellar. (Mansion)
"There's No Systemic Risk. The Economy Might Go from Really Good to Really Mediocre."
- Jim Cramer, explaining recent market volatility to Wall Street being too bullish on companies' 2019 earnings - which could be crimped by the Federal Reserve's rate hikes - and the trade tiff with China. (CNBC)