Google Cloud Platform's growth is slowing [1]. It's finally profitable, but I don't think distant third place is what Google was looking for after 10 years of pouring billions of losses into it.
At the time of this news, Google's stock fell 5 percent, so it is hurting company evaluation, at least temporarily.
Google's stock might be rising, but what is causing that? I can't point to any material success of Google in the last 10 years to explain it, seems to me Google is coasting.
At the time of this news, Google's stock fell 5 percent, so it is hurting company evaluation, at least temporarily.
Google's stock might be rising, but what is causing that? I can't point to any material success of Google in the last 10 years to explain it, seems to me Google is coasting.
https://www.reuters.com/technology/google-parent-alphabet-re...