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Comments by "" (@mrpmj00) on "Dropbox CEO on Q2 earnings and the work-from-home impact" video.
Microsoft will be the cloud winner because its moat is Azure (private cloud) which cannot be copied by other companies which have public cloud (Amazon, Google, etc.). Due to federal compliance laws, some companies (banks) must keep data in the U.S. in a private cloud. Microsoft is saving money by closing the stores at the malls. For young people, Microsoft already has the minecraft game, Xbox. Microsoft gets TikTok as a cloud customer; also means that Tiktok would incur less cloud expense so its profit also improves! Tiktok and LinkedIn are freebie icings on the Microsoft cake.
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I bought Alteryx (AYX) today. TRUST THE PROCESS. The stock market goes up in the long term because it takes 2 steps forward for every 1 step backward. Cash is trash, it loses to inflation. 100% sure that the market will go up. Think about it, who would lend out their money and accept risk yet not get a return? If the Fed had not stepped in, then every investor would rather keep their money and not lend it out, which would crash the country and we'd have 100% unemployment. There's a lot of money on the sidelines, including new 401K money
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