Competition in the streaming space is increasingly getting fierce, with more providers vying for subscribers at a time when signs of saturation in the market are starting to emerge.
Cloud computing is changing how companies do business. Instead of purchasing expensive in-house computing resources that can quickly go out of date, companies can contract whatever computing power they need to entities like Amazon (NASDAQ: AMZN) Web Services (AWS), Microsoft (NASDAQ: MSFT) Azure, and Alphabet's (NASDAQ: GOOG) Google Cloud. The use case of cloud computing is vast, which makes sense, given its current $447 billion market size.
Image source: The Motley Fool. The Trade Desk (NASDAQ: TTD)Q2 2022 Earnings CallAug 09, 2022, 5:00 p.m. ETContents: Prepared Remarks Questions and Answers Call Participants Prepared Remarks: OperatorGood afternoon, ladies and gentlemen, and welcome to The Trade Desk second quarter 2022 earnings conference call.