Google Continues to Push Higher in the Cloud
Alphabet (NASDAQ: GOOG) (NASDAQ: GOOGL) reported second-quarter earnings last night, and while the results came in ahead of expectations, investors weren't all that impressed; shares are down 3% today as of this writing. Still, there's one part of the business that continues to push higher: Google Cloud.
On the earnings call, CFO Ruth Porat noted that Google Cloud, along with Google Play and Google's growing portfolio of hardware, are all enjoying "substantial growth" that's helping drive "Google other revenues" higher.
Googleplex. Image source: Google.
Source: Fool.com
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