Business

Storm clouds gather for enterprise software, like Twilio and Atlassian’s problem warning


There’s a new problem with cloud production.

Last week, both

Microsoft

and

Amazon

Sold out after reporting moderate growth from their market-leading public cloud businesses — Azure and Amazon Web Services. But a new batch of earnings reports suggest that the threat of a recession is hitting a host of enterprise software companies. Alas, the sell-off in cloud software that started a year ago may not be over yet.

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