Now that AWS, Azure, GCP earnings are slowing down across the board, let’s look at what this could mean in the near-term and long-term. SHOW: 693CLOUD NEWS OF THE WEEK - http://bit.ly/cloudcast-cnotwCHECK OUT OUR OTHER PODCAST - "CLOUDCAST BASICS"SHOW SPONSORS:Section is the fastest, easiest and most cost-effective way to run applications across multiple clouds.Cloudcast listeners can experience the benefits of unparalleled performance and uptime, plus the ability to scale as needed. There’s no risk to try it out – run one project for free with no credit card required!Did you know that 87% of container images in production include a high or critical vulnerability? No wonder prioritization is difficult. Download the Sysdig 2023 Cloud-Native Security and Usage report to dig into the state of cloud and container usage.CloudZero – Cloud Cost Visibility and Savings​​CloudZero provides immediate and ongoing savings with 100% visibility into your total cloud spendSHOW NOTES:AWS earnings - $21.4B, up 20% (down from 27% QoQ)Microsoft Azure earnings - $21.5B, up 31% (down from 35% QoQ)Google Cloud earnings - $7.32B, up 32% (down from 38% QoQ)Google claims that Azure is losing moneyCloud leaders AWS, Azure, Google show the market is cooling down2022 CAPEX spend by the cloud providersCloud players being cautious in 2023THE GROWTH OF CLOUD PROVIDERS IS BEGINNING TO SLOW DOWNThe cloud providers are still growing at a high rateBut the rate of grow, and CAPEX investment is slowing downIs this the new normal?WHAT’S CAUSING THE SLOW DOWN?Increased interest rates, so slower overall spending across techCloud cost optimization tools and company-wide programsEnterprise companies managing to post-COVID “new normals”SaaS companies cutting back, especially VC-funded companiesLots of tech layoffs Concern about Google (and Azure?) being profitable?Will the new AI wars disrupt the focus of the cloud companies?Will we see services cut back by the cloud providers?Companies now have an opportunity to renegotiate costs?FEEDBACK?Email: show at the cloudcast dot netTwitter: @thecloudcastnet