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Sundar Pichai Just Delivered Stunning News About Google Cloud
Summary by The Motley Fool
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Sundar Pichai Just Delivered Stunning News About Google Cloud
Key PointsGoogle Cloud’s operating margin jumped from 23.7% to 36.2% in a year as quarterly revenue passed $30 billion.More than 55% of Google Cloud's backlog is expected to become revenue within 24 months.Heavy spending, negative free cash flow of $9.1 billion, and rented computing capacity could squeeze margins in the near term.Motley Fool Issues Rare "Total Conviction" Buy Alert › Alphabet (NASDAQ: GOOGL) (NASDAQ: GOOG) is arguably best known…
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Total News Sources1
Leaning Left1Leaning Right0Center0Last UpdatedBias Distribution100% Left
Bias Distribution
- 100% of the sources lean Left
100% Left
L 100%
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