Free Cloud Computing Essay Examples & Topics

Cloud computing is the use of hardware and software off-site to store and process data. These off-site systems are not stored on a computer. In contrast, they are hosted on cloud platforms located on the Internet.

Cloud computing has become an integral part of technological advancement. Naturally, it has numerous benefits. Since it does not store information on local computers, the companies do not have to own personal IT infrastructure or data centers. Instead, they can just purchase a cloud computing service and store all the information there. Moreover, cloud computing allows easy and smooth communication and data proceeding.

To compose an outstanding cloud computing essay, you need to come up with a good idea, conduct in-depth research, and find supporting evidence. Our Ivypanda team has prepared this article that contains everything you need. Below, you will see cloud computing essay examples written by fellow students. Read them for inspiration or to find new ideas for your paper.

Relevant Cloud Computing Examples

In your essay about cloud computing, you can talk about different ways to apply this technology. In this section, we have presented a few of them that may be useful or interesting to you.

There are 3 key types of cloud computing in total:

  • Software as a Service (SaaS)

SaaS allows the users to omit to install the program on a computer by accessing it online. Software as Service includes file storage, backup, web-based email, and project management tools.

We assume everybody is familiar with Google services, such as Google Drive, Google Calendar, etc. It is one of the most widely known examples of Saas. Others would be Microsoft 365 and Slack.

  • Infrastructure as a Service (IaaS)

IaaS is a complementary computing technology to SaaS. IaaS provides an infrastructure that is needed to ensure the smooth operation of SaaS tools. This cloud technology includes servers, storage, and networking resources.

One of the examples of IaaS is Microsoft Azure. It provides backup and recovery services, hosting, etc. Another one is Rackspace that ensures data security and provides infrastructure services.

  • Platform as a Service (PaaS)

This is a cloud computing technology that provides virtual servers for developers to build and deploy apps. PaaS include operating systems, databases, and programming language execution environments, etc.

AWS Elastic Beanstalk and Heroku are two examples of PaaS. Both technologies serve as tools for developing apps’ architecture.

11 Great Cloud Computing Topics

Cloud computing can be a tricky subject to cover. In particular, when it comes to creating academic work. Sometimes, it might be hard to start your essay writing process without having a clear idea in mind. You can trust our title generator ! It will create an original idea for your technology essay.

Here, we have collected some great cloud computing assignment topics.

  • Advantages and disadvantages of cloud computing in small businesses.
  • What effect on the development of e-commerce will computerization and virtualization have in the long run?
  • The history of cloud computing. How did society move from knowledge discovery to its application in private and public business sectors?
  • What are the most crucial security issues that must be considered when moving from local data storage to cloud storage?
  • Risks and challenges that cloud computing could cause to the business owners.
  • How is information distributed in mobile computing?
  • The advantages of a hybrid cloud over a regular one.
  • What are the most effective cloud deployment models?
  • Load balancing algorithms that help to fasten the server discovery process and increase the website traffic.
  • How can open-source software protect big data?
  • The future of cloud computing. Will cloud storage fully replace traditional tools for data storage?

Thank you for your attention! Now you can use our ideas and examples for your work. You can now read some cloud computing essays below. To check them out faster, you can shorten them using our summary generator .

70 Best Essay Examples on Cloud Computing

Microsoft sharepoint as a private cloud app, it implementation plan for cloud computing.

  • Words: 1565

Load Balanced Virtual Server Instances Architecture

Cloud computing pros and cons.

  • Words: 2752

Cloud Computing and Virtualization Technologies

  • Words: 1109

Cloud Computing in Nursing Practice

Ebay: cloud computing saas model, the infrastructure of cloud computing as a service.

  • Words: 4383

Strong Continuity of the Business

The microsoft azure and cloudways services analysis, intel’s adoption of agile and devops, aspects of the internet of things, implementing cloud computing using the lean method.

  • Words: 1179

Google’s Vendor Lock-In and Cloud Computing

  • Words: 1975

Software Development and Theory of Reflection

  • Words: 3128

Cloud Computing for Massive Amounts of Data

Data, information, and intelligence in cloud computing, own cloud and open stack cloud computing: strength and weaknesses.

  • Words: 1766

Cloud Providers: Amazon Web Services and Microsoft Azure

Cloud computing in business, cloud computing: disadvantage and concerns, the principle in net-centric computing, drawbacks and disadvantages of distributed computing, the strategic advantage of cloud computing.

  • Words: 3304

Cloud Computing Adoption by the CU-IT Services

  • Words: 2443

Cloud-Based Solutions for Individuals and Businesses

Cloud-based systems: history, applications, and prospects.

  • Words: 2200

Project Risk Management of Cloud Computing

  • Words: 1058

Curve-R: Accessing R-Language Through the Cloud

  • Words: 3882

Amazon’s Online Storage Facilities

Cloud services in the internet-related industries, purpose of a cloud bursting architecture, cpu–ram-based energy-efficient resource allocation in clouds, atn corporation’s cloud computing mechanisms, cloud-based services and their quality, cloud computing-related attacks and risks, security breach in cloud services, the whiteboard app marketing and advertising models, cloud computing and its environmental impact, ariane 5 crash and risks of modern cloud applications.

  • Words: 1487

Google Chrome Browser and Operating System

Cloud computing and its technical challenges, cloud storage infrastructures.

  • Words: 3371

Deployment Models in the Aviation Cyberspace

Efficacious technology management, vendor products and services implementation, the cloud provider technical concept, cloud computing: present and future technologies.

  • Words: 2765

Cloud Storage: Modern Trends and Innovations

Salesforce, google and microsoft, infrastructure-as-a-service concept, cloud computing: privacy and security, cloud technology and how it has shaped business.

  • Words: 1425

Assessing the Benefits of Cloud Computing: NVoicePay

Cloud computing in disaster recovery environment and business continuity.

  • Words: 1107

Cloud Computing and Amazon Web Services

Cloud computing: data confidentiality, privacy and thefts.

  • Words: 1998

Threat with Transferring to Cloud Computing Services

  • Words: 1698

Cloud computing in supply chain management

White paper on cloud computing.

  • Words: 1645

A Review on Cloud Computing: Concepts and Benefits

  • Words: 2768

Cloud Computing and Corporate IT Infrastructure

  • Words: 1342

Highlighting the Intricacies of Cloud Computing

  • Words: 3954

Cloud Computing and the Usage of the Internet

  • Words: 2904

The Trends of Cloud Computing

  • Words: 1524

Amazon’s New Store: Utility Computing Case Study

Adoption of cloud computing in the company, cloud compounding impact on businesses, applying cloud computing in the corporate area.

  • Words: 1276

Use Software as a service

  • Utility Menu

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David Rasmussen, MBA

David Rasmussen, MBA

An Overview of Cloud Computing: Fundamentals, Deployment Models, and Key Concepts

Cloud computing has transformed the way organizations access and utilize IT resources, offering numerous benefits such as cost savings, flexibility, and scalability. This article provides a comprehensive guide on cloud computing fundamentals, covering deployment and service models, key cloud computing concepts, and best practices for ensuring security, privacy, and reliability. The paper aims to serve as a valuable resource for those seeking to better understand and leverage this technology effectively.

I. Introduction

Cloud computing has revolutionized the way organizations access and utilize IT resources, enabling them to reduce costs, improve agility, and easily scale their infrastructure. With the widespread adoption of cloud services, it is crucial for professionals to understand the fundamentals of cloud computing. This article provides a comprehensive guide to the underlying concepts, deployment models, service models, and key concepts in cloud computing, including virtualization, scalability, and security.

II. Cloud Computing Deployment Models

A. Public Cloud

The public cloud model offers computing resources and services over the internet, which are shared among multiple users or organizations. This model provides on-demand access to a pool of resources, allowing users to quickly scale their infrastructure. Advantages of public cloud include cost-effectiveness, scalability, and flexibility. However, potential disadvantages include data security concerns and limited control over the underlying infrastructure.

B. Private Cloud

Private cloud refers to a cloud computing environment dedicated to a single organization, providing greater control over resources and security. While private clouds offer enhanced security and customization, they come with higher upfront costs and increased management responsibilities. Common use cases for private clouds include organizations with strict security requirements or those needing customization beyond what public cloud providers offer.

C. Hybrid Cloud

Hybrid cloud combines elements of both public and private clouds, allowing organizations to leverage the advantages of both models. This approach provides greater flexibility, as organizations can dynamically allocate resources between public and private clouds based on their needs. However, managing hybrid cloud environments can be complex, requiring expertise in both public and private cloud technologies.

D. Multi-Cloud

Multi-cloud refers to the use of multiple cloud providers for different services or applications within an organization. This strategy can offer increased flexibility, avoiding vendor lock-in, and allowing organizations to choose the best provider for each specific service. However, multi-cloud management can be complex, and organizations must carefully consider the interoperability of different cloud platforms.

III. Cloud Computing Service Models

A. Infrastructure as a Service (IaaS)

IaaS provides virtualized computing resources over the internet, such as virtual machines, storage, and networking. Examples of IaaS providers include Amazon Web Services (AWS), Microsoft Azure, and Google Cloud Platform. IaaS offers cost savings, as users only pay for the resources they use, and the ability to scale infrastructure quickly.

B. Platform as a Service (PaaS)

PaaS offers a development and deployment platform for building and managing applications without the complexity of managing the underlying infrastructure. Examples of PaaS providers include Heroku, Google App Engine, and Microsoft Azure App Service. PaaS enables faster application development and deployment by providing pre-built components and tools, allowing developers to focus on writing code.

C. Software as a Service (SaaS)

SaaS provides access to software applications over the internet, with the cloud provider managing the underlying infrastructure and software updates. Examples of SaaS providers include Salesforce, Microsoft Office 365, and Google Workspace. SaaS offers ease of use, as users can access applications from any device with an internet connection, and cost savings, as organizations do not need to invest in hardware or software licenses.

IV. Key Cloud Computing Concepts

A. Virtualization

Virtualization is the process of creating virtual instances of physical resources, such as servers, storage, and networks. Virtualization enables efficient resource utilization, allowing multiple virtual machines to run on a single physical server. This technology is crucial to cloud computing, as it provides the foundation for offering scalable and flexible computing resources.

B. Scalability and Elasticity

Scalability refers to the ability of a system to handle increased workload by adding more resources, while elasticity is the ability to add or remove resources dynamically based on demand. Both concepts are essential in cloud computing, as they enable organizations to efficiently allocate resources and adapt to changing needs. Techniques for achieving scalability and elasticity include horizontal scaling (adding more servers) and vertical scaling (increasing the capacity of existing servers).

C. High Availability and Fault Tolerance

High availability refers to the design of a system that ensures continuous operation, even in the event of component failures. Fault tolerance, on the other hand, is the ability of a system to continue functioning despite failures. In cloud computing, high availability and fault tolerance are essential to ensure the reliability of services. Strategies for achieving these goals include redundant infrastructure, load balancing, and automated failover mechanisms.

D. Cloud Security and Privacy

Security and privacy are critical concerns in cloud computing, as organizations often store sensitive data on shared infrastructure. Common security concerns include data breaches, unauthorized access, and denial of service attacks. To ensure security and privacy, cloud providers implement various best practices, such as strong encryption, identity and access management, and regular security audits. Additionally, organizations must also follow best practices to protect their data and applications in the cloud.

V. Conclusion

Understanding the fundamentals of cloud computing, including deployment models, service models, and key concepts, is essential for professionals seeking to effectively leverage this technology. Cloud computing offers numerous benefits, such as cost savings, flexibility, and scalability, making it an attractive option for many organizations. As cloud computing continues to evolve, professionals must stay informed about the latest trends and developments to ensure they can make informed decisions and maximize the value of cloud services.

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Cloud Computing And Its Applications And Use In The Real World

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Computer Science Essay - Overview

A computer science essay is a written piece that explores various topics related to computer science. These include technical and complex topics, like software development and artificial intelligence. They can also explore more general topics, like the history and future of technology.

In most cases, computer science essays are written by students as part of their coursework or academic assignments.

Computer science essays can take many forms, such as research papers, argumentative essays, or even creative writing pieces. 

Regardless of the format, a well-written computer science essay should be informative, engaging, and well-supported by evidence and research.

Now that we understand the purpose of it, let's explore some of the most popular and interesting topics within this field. 

In the following sections, we will dive into over 160 computer science essay topics to inspire your next writing project.

Computer Science Essay Topics For High School Students

  • How Artificial Intelligence is Revolutionizing the Gaming Industry
  • The Ethics of Autonomous Vehicles: Who is Responsible for Accidents?
  • The Role of Computer Science in Modern Healthcare
  • The Benefits and Drawbacks of Artificial Intelligence
  • The Future of Cybersecurity: Challenges and Opportunities
  • How Virtual Reality is Changing the Way We Learn
  • The Ethics of Autonomous Vehicles
  • The Role of Big Data in Modern Business
  • The Pros and Cons of Cloud Computing
  • The Implications of Blockchain Technology

Computer Science Essay Topics For Middle School Students

  • How Computers Work: An Introduction to Hardware and Software
  • The Evolution of Video Games: From Pong to Virtual Reality
  • Internet Safety: Tips for Staying Safe Online
  • How Search Engines Work: Understanding Google and Bing
  • Coding Basics: An Introduction to HTML and CSS
  • The Future of Technology: What Will We See in the Next 10 Years?
  • The Power of Social Media: How it Impacts Our Lives
  • The Ethics of Technology: The Pros and Cons of Social Media
  • The Science of Cryptography: How Messages are Secured
  • Robots and Artificial Intelligence: What Are They and How Do They Work?

Computer Science Essay Topics For College Students

  • The Role of Machine Learning in Business
  • Cybersecurity and Data Privacy in the Digital Age
  • The Impact of Social Media on Political Campaigns
  • The Ethics of Artificial Intelligence and Autonomous Systems
  • The Future of Cloud Computing and Cloud Storage
  • The Use of Blockchain Technology in Financial Services
  • The Integration of IoT in Smart Homes and Smart Cities
  • The Advancements and Challenges of Quantum Computing
  • The Pros and Cons of Open Source Software
  • The Impact of Technology on the Job Market: Opportunities and Threats

Computer Science Essay Topics For University Students

  • The Application of Machine Learning and Deep Learning in Natural Language Processing
  • The Future of Quantum Computing: Challenges and Prospects
  • The Impact of Artificial Intelligence on the Labor Market: An Empirical Study
  • The Ethical Implications of Autonomous Systems and Robotics
  • The Role of Data Science in Financial Risk Management
  • Blockchain and Smart Contracts: Applications and Limitations
  • The Security Challenges of Cloud Computing: A Comparative Analysis
  • The Prospects of Cognitive Computing and its Implications for Business Intelligence
  • The Integration of IoT and Edge Computing in Smart City Development
  • The Relationship between Cybersecurity and National Security: A Theoretical and Empirical Study.

 Research Paper Topics in Computer Science

  • Artificial Intelligence in Cybersecurity: Advancements and Limitations
  • Social Media and Mental Health: Implications for Research and Practice
  • Blockchain Implementation in Supply Chain Management: A Comparative Study
  • Natural Language Processing: Trends, Challenges, and Future Directions
  • Edge Computing in IoT: Opportunities and Challenges
  • Data Analytics in Healthcare Decision Making: An Empirical Study
  • Virtual Reality in Education and Training: Opportunities and Challenges
  • Cloud Computing in Developing Countries: Opportunities and Challenges
  • Security Risks of Smart Homes and IoT Devices: A Comparative Analysis
  • Artificial Intelligence and the Legal Profession: Challenges and Opportunities

Computer Science Essay Topics On Emerging Technologies

  • 5G Networks: Trends, Applications, and Challenges
  • Augmented Reality in Marketing and Advertising: Opportunities and Challenges
  • Quantum Computing in Drug Discovery: A Review of Current Research
  • Autonomous Vehicles: Advancements and Challenges in Implementation
  • Synthetic Biology: Current Developments and Future Prospects
  • Brain-Computer Interfaces: Opportunities and Challenges in Implementation
  • Robotics in Healthcare: Trends, Challenges, and Future Directions
  • Wearable Technology: Applications and Limitations in Healthcare
  • Virtual Assistants: Opportunities and Limitations in Daily Life
  • Biometric Authentication: Advancements and Challenges in Implementation

Computer Science Essay Topics On Solving Problems

  • Using Artificial Intelligence to solve traffic congestion problems
  • Implementing Machine Learning to predict and prevent cyber-attacks
  • Developing a Computer Vision system to detect early-stage skin cancer
  • Using Data Analytics to improve energy efficiency in buildings
  • Implementing an IoT-based solution for monitoring and reducing air pollution
  • Developing a software system for optimizing supply chain management
  • Using Blockchain to secure and manage digital identities
  • Implementing a Smart Grid system for energy distribution and management
  • Developing a mobile application for emergency response and disaster management
  • Using Robotics to automate and optimize warehouse operations.

Computer Science Argumentative Essay Topics

  • Should the development of autonomous weapons be banned?
  • Is social media addiction a mental health disorder?
  • Should governments regulate the use of artificial intelligence in decision-making?
  • Is online privacy a fundamental human right?
  • Should companies be held liable for data breaches?
  • Is net neutrality necessary for a free and open internet?
  • Should software piracy be treated as a criminal offense?
  • Should online hate speech be regulated by law?
  • Is open-source software better than proprietary software?
  • Should governments use surveillance technology to prevent crime?

Computer Science Persuasive Essay Topics

  • Should coding be a mandatory subject in schools?
  • Is artificial intelligence a threat to human jobs?
  • Should the use of drones for commercial purposes be regulated?
  • Is encryption important for online security?
  • Should governments provide free Wi-Fi in public spaces?
  • Is cyberbullying a serious problem in schools?
  • Should social media platforms regulate hate speech?
  • Is online voting a viable option for elections?
  • Should algorithms be used in decision-making processes in the criminal justice system?
  • Should governments invest in space exploration and colonization?

 Current Hot Topics in Computer Science

  • The ethical implications of facial recognition technology
  • The role of blockchain in data security and privacy
  • The future of quantum computing and its potential applications
  • The challenges and opportunities of implementing machine learning in healthcare
  • The impact of big data on business operations and decision-making
  • The potential of augmented and virtual reality in education and training
  • The role of computer science in addressing climate change and sustainability
  • The social and cultural implications of social media algorithms
  • The intersection of computer science and neuroscience in developing artificial intelligence

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Controversial Topics in Computer Science

  • The ethics of Artificial Intelligence
  • The dark side of the Internet
  • The impact of social media on mental health
  • The role of technology in political campaigns
  • The ethics of autonomous vehicles
  • The responsibility of tech companies in preventing cyberbullying
  • The use of facial recognition technology by law enforcement
  • The impact of automation on employment
  • The future of privacy in a digital world
  • The dangers of deep face technology

Good Essay Topics on Computer Science and Systems

  • The history of computers and computing
  • The impact of computers on society
  • The evolution of computer hardware and software
  • The role of computers in education
  • The future of quantum computing
  • The impact of computers on the music industry
  • The use of computers in medicine and healthcare
  • The role of computers in space exploration
  • The impact of video games on cognitive development
  • The benefits and drawbacks of cloud computing

Simple & Easy Computers Essay Topics

  • How to choose the right computer for your needs
  • The basics of computer hardware and software
  • The importance of computer maintenance and upkeep
  • How to troubleshoot common computer problems
  • The role of computers in modern business
  • The impact of computers on communication
  • How to protect your computer from viruses and malware
  • The basics of computer programming
  • How to improve your computer skills
  • The benefits of using a computer for personal finance management.

Computer Science Extended Essay Topics

  • The impact of Artificial Intelligence on the job market
  • The development of a smart home system using IoT
  • The use of Blockchain in supply chain management
  • The future of quantum computing in cryptography
  • Developing an AI-based chatbot for customer service
  • The use of Machine Learning for credit scoring
  • The development of an autonomous drone delivery system
  • The role of Big Data in predicting and preventing natural disasters
  • The potential of Robotics in agriculture
  • The impact of 5G on the Internet of Things

Long Essay Topics In Computer Science

  • The ethical implications of artificial intelligence and machine learning.
  • Exploring the potential of quantum computing and its impact on cryptography.
  • The use of big data in healthcare: Opportunities and challenges.
  • The future of autonomous vehicles and their impact on transportation and society.
  • The role of blockchain technology in securing digital transactions and information.
  • The impact of social media and algorithms on the spread of misinformation.
  • The ethics of cybersecurity and the role of governments in protecting citizens online.
  • The potential of virtual reality and augmented reality in education and training.
  • The impact of cloud computing on business and IT infrastructure.
  • The challenges and opportunities of developing sustainable computing technologies

Most Interesting Computers Topics

  • The rise of artificial intelligence in information technology: opportunities and challenges.
  • The evolution of programming languages and their impact on software development.
  • The future of pursuing computer science education: online learning vs traditional classroom.
  • The impact of virtualization on computer systems and their scalability.
  • Cybersecurity threats in information technology: prevention and mitigation strategies.
  • An analysis of the most popular programming languages and their advantages and disadvantages.
  • The role of cloud computing in the digital transformation of businesses.
  • Emerging trends in pursuing computer science education: personalized learning and adaptive assessments.
  • Developing secure computer systems for critical infrastructure: challenges and solutions.
  • The potential of quantum computing in revolutionizing information technology and programming languages.

How To Choose The Right Computer Science Essay Topic

Choosing the right computer science essay topic can be a challenging task. Here are some tips to help you select the best topic for your essay:

  • Consider your Interests

Choose a topic that you are genuinely interested in. This will help you to stay motivated and engaged throughout the writing process.

  • Do your Research

Spend some time researching different computer science topics to identify areas that interest you and have plenty of research material available.

  • Narrow Down Your Focus

Once you have a list of potential topics, narrow down your focus to a specific aspect or issue within that topic.

  • Consider the Audience

Think about who your audience is and choose a topic that is relevant to their interests or needs.

  • Evaluate The Scope Of The Topic

Make sure that the topic you choose is not too broad or too narrow. You want to have enough material to write a comprehensive essay, but not so much that it becomes overwhelming.

Take some time to brainstorm different ideas and write them down. This can help you to identify patterns or themes that you can use to develop your topic.

  • Consult With Your Instructor

If you're struggling to come up with a topic, consider consulting with your instructor or a tutor. They can provide you with guidance and feedback to help you choose the right topic.

Tips To Write An Effective Computer Science Essay

Writing an effective computer science essay requires careful planning and execution. Here are some tips to help you write a great essay:

  • Start with a clear thesis statement: Your thesis statement should be concise and clearly state the purpose of your essay.
  • Use evidence to support your arguments: Use credible sources to back up your arguments. Also, make sure to properly cite your sources.
  • Write in a clear and concise manner: Use simple and straightforward language to convey your ideas. Avoid using technical jargon that your audience may not understand.
  • Use diagrams and visual aids: If appropriate, use diagrams and visual aids to help illustrate your ideas. This will make your essay look more engaging.
  • Organize your essay effectively: Use clear and logical headings and subheadings to organize your essay and make it easy to follow.
  • Proofread and edit: Before submitting, make sure to carefully proofread your essay to ensure that it is free of errors.
  • Seek feedback: Get feedback from others, to help you identify areas where you can improve your writing.

By following these tips, you can write an effective computer science essay that engages your audience and effectively communicates your ideas.

In conclusion, computer science is a vast and exciting field that offers a wide range of essay topics for students. 

Whether you're writing about emerging technologies, or hot topics in computer science, there are plenty of options to choose from.

To choose the right topic for your essay, consider your interests, the assignment requirements, and the audience you are writing for. Once you have a topic in mind, follow the tips we've outlined to write an effective essay that engages your audience.

If you're struggling to write your computer science essay, consider hiring our professional essay writing - CollegeEssay.org. 

We offer a range of services, including essay writing, editing, and proofreading, to help students achieve their academic goals.

With our essay writer AI , you can take your writing to the next level and succeed in your studies. 

So why wait? Visit our computer science essay writing service and see how we can help you!

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Markets Keep Rising Despite Inflation Concerns

Stocks on both sides of the Atlantic set records as investors foresee interest rates moving in one direction: down.

By Andrew Ross Sorkin ,  Ravi Mattu ,  Bernhard Warner ,  Sarah Kessler ,  Michael J. de la Merced ,  Lauren Hirsch and Ephrat Livni

Two traders holding tablets stand on the floor of the New York Stock Exchange.

Inflation euphoria goes global

Stocks in Asia and parts of Europe rose on Thursday as investors bet that new data showing inflation easing would finally persuade central bankers to lower interest rates from multidecade highs. The rally has pushed stock indexes on both sides of the Atlantic into record territory .

Another test comes on Thursday when Walmart, a bellwether for U.S. consumer sentiment, reports quarterly results.

The market moves follow Wednesday’s Consumer Price Index report, which came in better than expected. The data showed that so-called core inflation, which strips out volatile food and fuel costs, rose by 3.6 percent on an annual basis last month, the lowest level in three years .

Inflation remains well above the Fed’s 2 percent target, but traders were encouraged by the results. The futures market now sees two Fed rate cuts this year, the first most likely coming in September.

Economists’ main takeaways from the report:

The good: Grocery, auto and airfare inflation eased.

The concerning: Housing inflation, a huge driver of the overall rate, showed only a modest improvement.

The puzzling: The Bureau of Labor Statistics accidentally published the data on the web ahead of schedule. But there were no obvious signs that traders (or their bots) had tried to profit from that mistake, with markets fairly quiet until just after 8:30 a.m. Eastern, the expected release time.

The S&P 500 is up more than 11 percent this year , blowing past most analysts’ 2024 forecasts. At the start of the year, the Wall Street consensus was for inflation to steadily ease, rate cuts to start as soon as the spring andmarkets to rally modestly. Stubbornly high inflation upended that prediction — yet stocks have outperformed many of even the most bullish predictions.

Stronger-than-expected corporate earnings have helped, despite concerns about consumers pulling back on spending. Another factor: The Fed has all but ruled out raising rates, giving investors the sense that monetary policy will be no more restrictive than it is today.

The market rally has been a bonanza for Wall Street. Ken Griffin’s Citadel Securities, a giant market maker, collected about $2.3 billion in trading revenue in the first quarter, according to Bloomberg , putting it on pace for a record year.

The market exuberance isn’t universally shared. Some economists, as well as policymakers like the Minneapolis Fed president, Neel Kashkari (a nonvoting member this year), reiterated that more data like Wednesday’s was needed before the central bank could feel confident that inflation was under control.

Roger Aliaga-Diaz, an economist at Vanguard, was more blunt. Inflation is still too high, he wrote in an investor note on Wednesday, adding that he believes the Fed is unlikely to cut rates this year.

HERE’S WHAT’S HAPPENING

Berkshire Hathaway reveals its mystery holding. Warren Buffett’s conglomerate disclosed on Wednesday that it had built a $6.7 billion stake in the insurer Chubb , after having requested confidential treatment about the investment from the S.E.C. for months. It ended a guessing game on Wall Street about what the Oracle of Omaha had been up to; shares in Chubb were up nearly 8 percent in premarket trading on Thursday.

Vladimir Putin meets with Xi Jinping in Beijing. The visit by Putin, Russia’s president, is meant to bolster support for his full-scale invasion of Ukraine and to pull the countries even closer together against the United States. Xi said their countries were “a model for a new type of international relations,” though he is under growing diplomatic and economic pressure to halt support for Moscow.

Microsoft has reportedly asked China-based employees to relocate. The tech giant has asked hundreds of staff members — most of whom are Chinese nationals — who work on cloud computing and artificial intelligence to consider transferring out of the country amid tensions between Washington and Beijing, according to The Wall Street Journal.

Why Wall Street donors are coming around on Trump

Donald Trump trails President Biden in fund-raising , and much of the money that Trump has raised is going toward his growing legal fees.

But there are signs that he may be able to close that gap. Donors from Wall Street and beyond are warming up to the former president after turning on him over his leadership style and the Jan. 6 Capitol riots, The Times’s Rob Copeland writes.

Unhappiness with Biden is pushing some to reconsider their allegiances. Many donors aren’t exactly excited about Trump: “I still hate the man,” one hedge fund billionaire told The Times. And Trump faces multiple legal fights, including a hush-money trial in New York.

But these figures are increasingly frustrated by Biden’s economic, regulatory and immigration policies. Another point of contention is the White House’s hardening stance on Israel in its war in Gaza.

A prominent example is Ken Griffin. The hedge fund mogul is one the biggest donors to Republicans, but as recently as 2022 derided Trump as a “three-time loser.”

Griffin’s attitude appears to be changing: He told The Times that he’s now “giving serious consideration” to backing Trump, and he and his camp have told the Trump campaign that they’re waiting to see whom the former president picks as his running mate.

Trump also sees opportunities in Silicon Valley. The venture capitalist David Sacks is hosting a fund-raiser at his home on June 6, according to Puck, with attendees including the fellow financier and podcast host Chamath Palihapitiya. And Palmer Luckey , the founder of the virtual reality company Oculus and the defense tech supplier Anduril, will host a fund-raiser on June 8.

That said, Biden last week raised millions during a West Coast fund-raising trip , which included events hosted by the former Yahoo chief Marissa Mayer and the venture capitalist Vinod Khosla.

Europe goes after Meta

European regulators are going after Big Tech again. The European Union opened an investigation on Thursday into whether Meta’s hugely popular products are addictive for children.

The case, which carries a potentially big fine, could have wide-ranging implications for how the company designs apps like Instagram and Facebook, The Times’s Adam Satariano writes.

Regulators say children could be at risk. The European Commission, the E.U.’s executive arm, said the company’s social media platforms could “exploit the weaknesses and inexperience of minors” to make them dependent on the tech. The regulators said they had been in contact with their U.S. counterparts.

The apps’ designs could violate the bloc’s Digital Services Act. The landmark 2022 law requires that online platforms police content and mitigate any risks to minors. Users under 13 shouldn’t be able to create an account; the investigators said they would also look into Meta’s age-verification tools.

“We will now investigate in-depth the potential addictive and ‘rabbit hole’ effects of the platforms,” said Thierry Breton, the E.U.’s internal markets commissioner, who is overseeing the investigations.

Meta has consistently said its products are safe for young people. The company did not immediately comment on the new investigation. The company has already made changes to its products to comply with the European law, including blocking targeted ads to children.

The impact of social media on children is high on the political agenda. Governments worldwide are looking to regulate services like TikTok and Instagram, accusing companies of using recommendation algorithms to keep young people glued to their devices — and serve them ads.

And a wave of academics including Jonathan Haidt , an N.Y.U. professor and psychologist, argues that too much exposure to social media is a health risk for adolescents.

It’s the latest effort by European regulators to rein in Big Tech. Last month, the E.U. opened an investigation into Meta over its handling of Russian disinformation . TikTok pulled a version of its app in Europe after E.U. officials raised concerns that some of its features were addictive.

Meta could be fined up to 6 percent of its global revenue if the company is found to have violated the D.S.A.

Streamers flex their muscle at the upfronts

In years past, the upfronts — broadcasters’ presentations to major advertisers — were the domain of traditional media companies as they unveiled their fall television lineups.

But this year’s beauty pageant reflected the growing power of players like Netflix and Amazon, whose announcements about programming largely stole the show. The technology giants are hoping to seize more ad dollars as advertising becomes a bigger source of their revenue .

Netflix is pushing further into live sports. The streaming platform said it would show at least one Christmas Day N.F.L. game for the next three years. (One of them will feature the Super Bowl champion Kansas City Chiefs, which has seen its global popularity soar because of the Taylor Swift factor .)

The package — for which Netflix is reportedly paying $75 million per game — reflects the company’s efforts to expand its live sports offerings without getting into the hugely expensive bidding wars that its competitors engage in.

Netflix also announced that its ad-supported tier had hit 40 million monthly active users , up from just five million a year ago.

Amazon made its first appearance at the upfronts, joining Netflix and YouTube, in a signal of its streaming ambitions . (The presentation came as Amazon prepares to start showing ads on its Prime Video service). Amazon’s star-studded show featured celebrities including Reese Witherspoon, Will Ferrell and Jake Gyllenhaal, all of whom star in content airing on Prime Video.

Like Netflix, Amazon also promoted its sports programming, including a third season of N.F.L. games and coming documentaries about stars like the racecar driver Dale Earnhardt and the tennis icon Roger Federer.

Presidential debate news underscored the heft of traditional TV. ABC and CNN announced on Wednesday that they had each scored a face-off between Biden and Trump in perhaps the biggest TV programming coup of the year . (The former CNN chief Jeff Zucker praised the network, predicting that its June 27 debate would be “the most-watched event, day, night, in the history of CNN.”)

The debates came together incredibly quickly, according to The Times: Mark Thompson, CNN’s chair, was about to go onstage for the upfront presentation by his network’s parent, Warner Bros. Discovery, when he got the news. He quickly rewrote his remarks.

In other upfront news: Bob Iger, Disney’s chief, said that his media company had overspent in the streaming wars . “Basically we invested too much, way ahead of possible returns,” he said.

THE SPEED READ

Starwood Capital’s $10 billion real estate fund has drawn down nearly all of a $1.55 billion credit line to meet redemption requests. (FT)

The insurer Aflac has bought a 40 percent stake in a direct lender as it seeks to get into the booming business of private credit. (WSJ)

Artificial intelligence

Mike Krieger, a co-founder of Instagram and the news app Artifact, is joining the A.I. developer Anthropic as its chief product officer. (The Verge)

Microsoft said that its move into A.I. had helped push its carbon emissions up 30 percent from 2020, making its ambitious climate goals harder to achieve. (Bloomberg, Microsoft)

Best of the rest

McDonald’s, with help from Coca-Cola, is introducing an inflation-era promotion: a $5 meal bundle . (WSJ)

Dell has begun tracking badge swipes and rating employees’ attendance with colored flags to enforce its return-to-office policy, drawing complaints from workers. (Business Insider)

“For self-driving cars, the free ride is over ” (The Verge)

We’d like your feedback! Please email thoughts and suggestions to [email protected] .

Andrew Ross Sorkin is a columnist and the founder and editor at large of DealBook. He is a co-anchor of CNBC’s "Squawk Box" and the author of “Too Big to Fail.” He is also a co-creator of the Showtime drama series "Billions." More about Andrew Ross Sorkin

Ravi Mattu is the managing editor of DealBook, based in London. He joined The New York Times in 2022 from the Financial Times, where he held a number of senior roles in Hong Kong and London. More about Ravi Mattu

Bernhard Warner is a senior editor for DealBook, a newsletter from The Times, covering business trends, the economy and the markets. More about Bernhard Warner

Sarah Kessler is an editor for the DealBook newsletter and writes features on business and how workplaces are changing. More about Sarah Kessler

Michael de la Merced joined The Times as a reporter in 2006, covering Wall Street and finance. Among his main coverage areas are mergers and acquisitions, bankruptcies and the private equity industry. More about Michael J. de la Merced

Lauren Hirsch joined The Times from CNBC in 2020, covering deals and the biggest stories on Wall Street. More about Lauren Hirsch

Ephrat Livni reports from Washington on the intersection of business and policy for DealBook. Previously, she was a senior reporter at Quartz, covering law and politics, and has practiced law in the public and private sectors.   More about Ephrat Livni

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