Get Rich Quick With These 3 Cloud Computing Stocks to Buy Now – InvestorPlace

As part of our day-to-day life, cloud computing companies are completely necessary as they keep us interconnected and take care of streamlining our operations, allowing us to be more efficient and effective. They also make many tasks much easier to perform through their great technological solutions. These solutions can be applied from the financial area to the human resources area.

If you want to take advantage of the great boom and the strong demand of these companies, here are three cloud computing stocks to buy quick and that you can consider adding to your portfolio.

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Behind pharmaceutical companies and biotech companies there is a big figure that is responsible for providing them with cloud-based software solutions to streamline their entire operations, that big figure is Veeva Systems Inc (NYSE:VEEV).

Financially VEEV is completely stable and are always on the move. Its revenues speak for themselves as they are on the rise and if we focus on net income, it is growing consistently reflected in their market performance.

One of the particularities that distinguishes this company is its capacity for innovation.

For example, their most recent release, the Veeva Compass Suite, is a comprehensive set of tools that gives healthcare companies a much deeper understanding of existing patient populations and a picture of healthcare provider behaviors.

Its practically like giving you a complete and specific picture of the entire healthcare network landscape.

On top of that, they make a real impact on the lives of patients, as their training solutions are helping many companies modernize their employee qualification processes.

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Next on the list of companies involved in the cloud computing sector is Workday Inc (NASDAQ:WDAY), which specializes in providing companies with cloud-based enterprise applications for financial management and human resources.

They provide practical software-based solutions that allow companies to streamline their processes in managing their financial operations and human talent.

One of the things that makes this company completely attractive is its great financial performance, since in their last financial quarter they indicated that their revenues increased by 16.7% compared to the same period of the previous year, which can be translated into $1.87 billion, what good figures.

As part of their most important metrics we have subscription revenues, which increased much stronger than their normal revenues, with 18.1%, reaching approximately $1.69 billion.

In addition to these incredible numbers, they are making important strategic alliances, where they have partnered with McLaren Racing to provide them with innovative solutions.

This partnership demonstrates the versatility of Workday, as they not only provide business solutions in traditional sectors, but they also have a large participation in completely competitive industries.

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And to close the list of these companies completely necessary in our day to day, we have the giant Oracle Corporation (NYSE:ORCL), a technology company completely recognized worldwide.

This company specializes entirely in data management solutions and of course in cloud computing. One of its main commitments is to help organizations improve their efficiency and optimize their operations through completely innovative technological solutions.

Financially, this company is in a phase of solid growth specifically in its total revenue and in its cloud division.

One of the stars of this company is its cloud application suite, which has gained a strong foothold in the healthcare sector.

Large and important institutions such as Baptist Health Care and the University of Chicago Medicine, are adopting the solutions provided by this company to improve their experience with employees and of course the care of their patients.

In addition, they are expanding their global presence with the grand opening of a new cloud region in Nairobi, Kenya. This major expansion makes clear their important commitment to economic and technological development in the greater African continent.

Oracle Cloud Infrastructures (OCI) unique infrastructure allows them the great opportunity and advantage to offer governments and businesses the opportunity to drive innovation and growth in the region.

As of this writing, Gabriel Osorio-Mazzilli did not hold (either directly or indirectly) any positions in the securities mentioned in this article. The opinions expressed in this article are those of the writer, subject to the InvestorPlace.com Publishing Guidelines(no position)

Gabriel Osorio is a former Goldman Sachs and Citigroup employee. He possesses discipline in bottom-up value investing and volatility-based long/short equities trading.

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Get Rich Quick With These 3 Cloud Computing Stocks to Buy Now - InvestorPlace

Healey Under Pressure to Address Steward Health Care Crisis, Brighton Hospital At Risk | News – Harvard Crimson

Massachusetts Governor Maura T. Healey 92 is under increasing pressure to address the financial crisis facing Steward Health Care, which operates nine hospitals statewide including the Brighton-based St. Elizabeths Medical Center.

Healey will speak to the Public Health Council Wednesday morning about the crisis, her spokesperson Karissa Hand wrote in an email, amid mounting questions about whether Steward can find a buyer to assume ownership of some of its hospitals.

A Boston Globe investigation last month revealed the health care system was tens of millions behind on rent, making some of its hospitals vulnerable to service reductions or closures.

If St. Elizabeths were to close, it could have immense ramifications for both Allstons economy and the health of its residents, said Anna Leslie, executive director of the Allston Brighton Health Collaborative.

Not only is it the largest healthcare provider in the neighborhood, it's the largest employer in the neighborhood, Leslie said.

In an email to The Crimson, a spokesperson for Boston Mayor Michelle Wu 07 wrote that city officials are in contact with the state and unions and are monitoring the situation closely.

Paul Hattis, a former member of the state Attorney Generals Health Policy Commission, said Healeys administration has several options at its disposal, although at the moment, the ball seems to be in Stewards court. Those options include a court-appointed receivership, inspection of Stewards hospitals, or helping finance the sale of the hospitals to other regional healthcare groups.

The state could also bail out the company, a possibility Healey has publicly dismissed. In a statement on Feb. 2, the Executive Office of Health and Human Services announced they are conducting daily on-site monitoring visits at St. Elizabeths and two other hospitals to evaluate day-to-day staffing, supplies, and patient count.

EOHHS also said they were working to determine the patient capacity of other health care providers in the state, suggesting the administration is taking steps to prepare for the possibility of hospital closures.

On Feb. 2, Steward claimed to have secured enough financing to keep all its Massachusetts hospitals open while it looks for new owners of some of its hospitals. Still, some prominent state lawmakers including House Speaker Ron Mariano, a Quincy Democrat, remain suspicious of the health care giant, which has not released the details of its bridge funding plan.

Leslie said the crisis at Steward could have been foreseen well in advance.

St. Elizabeths had failed to pay $150,000 it owed to the ABHC as part of a non-binding community benefits agreement, Leslie said in an interview Tuesday morning. Later on Tuesday, St. Elizabeth paid the $50,000 it owed the ABHC for 2023, Leslie wrote in an email Tuesday night.

Its troubling that it got this far, Leslie said. There were a lot of warning signs directly from staff, from community partners like us.

A spokesperson for St. Elizabeths did not respond to a request for comment. In an email, Caroline Whitehouse, a spokesperson for the EOHHS wrote that Healeys administration had been in communication with Steward over its finances for months.

Hattis said Steward has exhibited a pattern of failing to disclose information about its finances to the state. Steward sued the state Center for Health Information and Analysis in 2016 to prevent the handover of their financial statements.

By that point, the health care giant had been fined hundreds of thousands of dollars in fines for refusing to disclose required financial data to the state.

In Boston, the City Council will hold a hearing on the Steward crisis on Thursday, Feb. 22, which will include testimony from members of the public.

Staff writer Jina H. Choe can be reached at jina.choe@thecrimson.com.

Staff writer Jack R. Trapanick can be reached at jack.trapanick@thecrimson.com. Follow him on X @jackrtrapanick.

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Healey Under Pressure to Address Steward Health Care Crisis, Brighton Hospital At Risk | News - Harvard Crimson

Mayor Adams scores wins with Hochul policy rollouts, but more migrant aid still unclear – New York Daily News

Gov. Hochuls State of the State address on Tuesday and the policies she embedded in it include several new measures that are sure to be music to Mayor Adams ears but one noticeable omission was how to manage the migrant crisis in 2024.

Hochul floated plans to give local governments more power to combat unlicensed cannabis sellers and retail theft, and she aims to counter the harms of social media on teenagers through penalizing companies that rely on addictive algorithms all issues Adams has spoken about frequently.

Those measures are contained in a 180-page policy book Hochul put out as part of her State of the State address a book that also neglected to make mention of New York Citys migrant crisis, which had been included in last years policy book. Adams has struggled mightily to manage the migrant surge for nearly two years, and it ranks as one of his top priorities.

And while the words migrant and asylum seeker do not appear once in Hochuls policy book, the governor did raise the situation, however glancingly, during her Albany address, saying that she plans to focus more attention on the issue next week when she presents her budget plan.

Adams said he wasnt disappointed about the scant attention on migrants Tuesday, though.

We met a few weeks ago, and she clearly understands. We both agree this is a national problem, he told reporters in Albany after Hochuls speech. National government must deal with this issue, but its in our lap right now. We both understand that, and she did acknowledge that she will be talking about that in her budget.

Adams wouldnt say how much money in state aid hed like to see from Hochul for migrants in the upcoming budget, but said his budget honcho is working on it with the governors team.

Were going to work together to come to a real number to deal with the financial cost of this, Adams said.

Despite avoiding the migrant issue in large part on Tuesday, Hochul had other goodies to offer Adams.

The mayor has for weeks been calling for the ability to better enforce rules against unlicensed weed shops, which have proliferated in the city since the recreational use of cannabis was legalized in 2021 under a law that allows licensed shops to sell marijuana.

In the administrations policy book, Hochul vows to strengthen enforcement authority to expedite the closure of unlicensed businesses and deter this illicit activity through legislation that will beef up state and local governments ability to shut down unlicensed sellers.

Hochul also unveiled a plan to crack down on shoplifting, citing stats that show larcenies have risen 58% in the city since 2017. To do that, shell task a dedicated team of state police to build cases against organized theft rings and a new joint task force to coordinate efforts with local law enforcement district attorneys. In addition, Hochul plans to increase funding for state Crime Analysis Centers and direct money to cities that partner with them though it is not clear exactly how much money, if any, the city will receive as part of that initiative.

Social media companies which Adams has railed against for months will feel the heat from the state if Hochul has her way as well.

Shes floating a bill that would prohibit social media companies from using addictive feeds with kids under 18 unless a parent consents to them. Instead, it would allow for feeds that have a default chronology from users they already follow. Under her proposal, the state attorney general would be empowered to bring cases against companies with civil penalties of up to $5,000 per violation.

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Mayor Adams scores wins with Hochul policy rollouts, but more migrant aid still unclear - New York Daily News

Covid Has Resurged, but Scientists See a Diminished Threat – The New York Times

The holidays have come and gone, and once again Americans are riding a tide of respiratory ailments, including Covid. But so far, this winters Covid uptick seems less deadly than last years, and much less so than in 2022, when the Omicron surge ground the nation to a halt.

Were not seeing the signs that would make me think that were heading into another severe wave, said Caitlin Rivers, an epidemiologist at the Johns Hopkins Center for Health Security. So far, were in relatively good shape.

Still, there are few masks in sight, and just a fraction of the most vulnerable people have received the latest Covid shots, she noted.

Its not too late, Dr. Rivers added. We have not even reached peak yet for Covid, and once you reach peak, you still have to get down the other side. That leaves plenty of time for the vaccine to provide some protection.

Federal officials are relying on limited data to measure this years spread. After the end of the public health emergency in May, the Centers for Disease Control and Prevention stopped tracking the number of Covid infections. The agency now has only partial access to information from states about vaccination rates.

But trends in wastewater data, positive tests, emergency department visits, hospitalization rates and deaths point to a rise in infections in all regions of the nation, according to the C.D.C. These patterns have prompted many hospitals to reinstate mask policies, after initially resisting a return to them this fall.

As in previous years, the numbers have steadily been rising all winter, and are expected to increase further after holiday travel and get-togethers.

Many of the infections are caused by a new variant, JN.1, which has rapidly spread across the world in recent weeks. I think that theres no doubt its helping drive, pretty substantially, this winter wave, said Katelyn Jetelina, a public health expert and author of a widely read newsletter, Your Local Epidemiologist.

Unfortunately, its coming at the same exact time as us opening up our social networks due to the holidays, she said, so theres kind of a perfect storm going on right now.

Some scientists have pointed to rising levels of the virus in sewage samples as an indicator that infections are at least as high this year as they were at this time last year. But Dr. Rivers urged caution in interpreting wastewater data as a proxy for infections and said hospitalizations were a more reliable metric.

In the week that ended on Dec. 23, hospitalizations rose by nearly 17 percent from the previous week. There were about 29,000 new hospital admissions, compared with 39,000 the same week last year and 61,000 in 2021.

And weekly hospitalizations are increasing more slowly than in previous years, Dr. Rivers said.

Covid is still claiming at least 1,200 lives per week. But that number is about one-third the toll this time last year and one-eighth that in 2021.

We are in this pretty big infection surge right now, but whats really interesting is how hugely hospitalizations have and continue to decouple from infections, Dr. Jetelina said.

She said she worried most about hospitals buckling under the weight of multiple epidemics at once. Even in years before the pandemic, outbreaks of just influenza and respiratory syncytial virus could strain hospitals; rising Covid rates now overlap both illnesses, adding to the burden.

The C.D.C. estimates that so far this season, there have been at least 7.1 million illnesses, 73,000 hospitalizations and 4,500 deaths from the flu.

While Covid tends to be mild in children and young adults, influenza and R.S.V. are most risky for young children and older adults. All three diseases are particularly dangerous for infants.

Emergency department visits for Covid are highest among infants and older adults. While R.S.V. has leveled off in some parts of the country, hospitalization rates remain high among young children and older adults.

The JN.1 variant accounts for nearly half of all Covid cases in the United States, nearly six times the prevalence just a month ago. The variant has one mutation that gives it a greater ability to sidestep immunity than its parent, BA.2.86, which was limited in its spread.

JN.1 may in fact be less transmissible than previous variants. But its immune evasiveness, coupled with the disappearance of preventive measures like masks, may explain its exponential growth worldwide, said Dr. Abraar Karan, an infectious disease physician and postdoctoral researcher at Stanford University.

Still, JN.1 does not appear to cause more severe illness than previous variants, and the current vaccines, tests and treatments work well against all of the current variants.

Experts urged all Americans including those not at high risk of severe illness to opt for vaccines against both Covid and flu, to use masks and air purifiers to prevent infections, to be tested and treated and to stay home if they become ill.

Even those who do not become severely sick run the risk of long-term complications with every new viral infection, researchers noted.

Im not at high risk, to be honest Im young and vaccinated, Dr. Rivers said. But I continue to take precautions in my own life because I do not want to deal with that disruption, and the risk that I could develop a longer-term illness.

But few Americans are following that advice. As of Dec. 23, only 19 percent of adults had received the latest Covid vaccine, and about 44 percent had opted for the annual flu shot. Just over 17 percent of adults aged 60 and older had received the vaccine for R.S.V.

Even among those 75 and older, who are at highest risk from Covid, only about one in three have received the latest shot, according to the C.D.C.

Many people dont realize that shots that protect against the newest variants are available, or that they should be vaccinated even if they are not at high risk, said Gigi Gronvall, a biosecurity expert at the Johns Hopkins Center for Health Security.

Even if the Covid vaccine does not prevent infection, it can shorten the duration and severity of illness, and minimize the risk of long-term symptoms, including brain fog, fatigue, movement problems and dizziness collectively known as long Covid.

Im sure also there are plenty of people who are actively hostile to the idea, but most of the people I encounter, they just dont even know about it, Dr. Gronvall said.

Poor availability of the shots, particularly for children and older adults, has also limited the vaccination rates.

Dr. Gronvall struggled to find a Covid vaccine for her teenage son. Dr. Jetelina has yet to find any for her young children. She said her grandparents, who are both in their mid-90s, also had an incredibly challenging time.

One of them is in a nursing home and still hasnt been immunized because she happened to be sick the one day the vaccines were offered.

Many nursing home residents and staff members remain unvaccinated, because the staff doesnt understand the benefits, said Dr. Karan, who worked with nursing facilities in Los Angeles County.

Financial incentives can improve vaccine coverage, but the lack of awareness about the benefits is a major problem, he said.

Experts also urged people who develop symptoms to take a test and ask for antiviral drugs Tamiflu for influenza, Paxlovid for Covid especially if they are at high risk of complications.

Paxlovid is still available free of charge to most people, but many patients and even doctors avoid it out of a mistaken belief that it causes Covid symptoms to rebound, experts said. Recent studies did not find a relationship between antiviral drugs and symptom rebound.

For many viruses, including the flu, we know that earlier use of antivirals is going to be beneficial, Dr. Karan said. You stop viral replication quickly, you have less of an immune dysregulation thereafter.

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Covid Has Resurged, but Scientists See a Diminished Threat - The New York Times

SEC Chair Warns AI "Herding" Could Drive Markets "Off an Inadvertent Cliff"

Gary Gensler, chairman of the SEC, fears that the reliance on a small number of AI models could lead to the entire finance sector to it doom.

Hive Mind

Last month, chairman of the U.S. Securities and Exchange Commission (SEC) Gary Gensler warned that it's "nearly unavoidable" that AI will lead to financial economic crisis.

Now, at an event with The Messenger, Gensler has reiterated those fears, saying AI's growing role in the financial sector could create a "herding effect" that could drive entire markets "off an inadvertent cliff."

He reasons that because AI is costly to develop, most firms are likely to depend on a handful of existing models, fostering a "monoculture." Whatever decisions those models make could end up informing huge parts of the financial world — potentially leading the entire economy down the same doomed path.

"A smaller asset manager can't build the big models. You got to rely on someone else's models," Gensler said at The Messenger's AI Summit on Tuesday, as quoted by Business Insider.

"There are natural economics that will lead to monocultures, that there'll be base data sets or base models, and large parts of the financial sector will be relying on it... trading on it, underwriting on it," he added.

Large Lemming Models

AI tools are useful for traders and investors because they can process huge amounts of data in real time, picking up on trends and patterns that may go overlooked by the human eye. In fact, Gensler said that even the SEC uses AI in its "examination and enforcement and economic work."

To banks, the technology is especially handy at fraud detection, and has already been used for years to process credit card applications and weed out suspicious transactions.

Some of the biggest banks, though, are trying to take things a step further and capitalize on the endless hype around large language models. For example, JPMorgan and Morgan Stanley are developing their own ChatGPT-like AI chatbots that can advise investors — which, if they take off, sounds like they could lead to the exact "monocultures" that Gensler's worried about.

As far as SEC policy goes, the regulator has proposed a new rule that would require financial firms to address conflicts of interest regarding their use of "predictive data analytics and similar technologies."

What the SEC plans to do next is unclear, however. When asked if the agency was launching further AI-focused initiatives, Gensler did not specify if there were any such policies in the works.

More on AI: Silicon Valley Guys Casually Calculating Probability Their AI Will Destroy Humankind

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SEC Chair Warns AI "Herding" Could Drive Markets "Off an Inadvertent Cliff"