💻 Technology 14h ago · Mike Wheatley

Alphabet’s stock climbs as Google Cloud revenue runs rampant, growing 63%

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Alphabet’s stock climbs as Google Cloud revenue runs rampant, growing 63%
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Google LLC’s parent company Alphabet Inc. delivered a stunning earnings beat as it reported its first-quarter financial results today, with sales also surpassing expectations thanks to rampant growth in its cloud infrastructure business. The company reported earnings before certain costs such as stock compensation of $5.11 per share, almost double the $2.63-per-share analyst target. Revenue […]
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