Google Cloud, under the leadership of CEO Sundar Pichai, has reported $8.4 billion in sales. This comes as Microsoft and Google are set to release their earnings reports tomorrow.
Google beats earnings nicely but creates a bloodbath over cloud growth concerns. Seems a bit of an over reaction for record numbers... Then again Microsoft is winning with the AI cloud, it's up nicely in a horrid day for stocks so far... $MSFT $GOOG
Google Cloud Hits $8.4B In Sales As CEO Pichai Touts AI: https://t.co/lE8nmEqYWp Google Cloud revenue was up 22% from the same quarter last year. Alphabet stock sank 6% in after-hours trading Tuesday as cloud revenue came in slightly below Wall Street expectations. $GOOGL
$MSFT Initial reaction to Microsoft earnings this afternoon?
$GOOGL reports earnings today. Alphabet and they've seen forward revenue growth rates rise for the next two quarters thanks to robust services such as Search, Cloud and integration of AI. https://t.co/G9Sf31raoB
Watch out for Microsoft $MSFT, Google $GOOGL and many more earnings tomorrow https://t.co/8fGpPAINSt