Google struggling with cloud business compared to Amazon and Microsoft
Sky News Business Editor Ross Greenwood says Alphabet shares (Google’s owner) have slumped.
According to Mr Greenwood, this is because the company missed analyst's forecasts with revenue.
Reportedly, the company’s revenue was $76.7 billion – up by 11 per cent.
It’s believed Alphabet is struggling with its cloud business compared to Microsoft and Amazon.
Currently leading the market is Amazon’s ‘Amazon Web Services’.
Видео Google struggling with cloud business compared to Amazon and Microsoft канала Sky News Australia
According to Mr Greenwood, this is because the company missed analyst's forecasts with revenue.
Reportedly, the company’s revenue was $76.7 billion – up by 11 per cent.
It’s believed Alphabet is struggling with its cloud business compared to Microsoft and Amazon.
Currently leading the market is Amazon’s ‘Amazon Web Services’.
Видео Google struggling with cloud business compared to Amazon and Microsoft канала Sky News Australia
Показать
Комментарии отсутствуют
Информация о видео
Другие видео канала
Budget 2024 spending a ‘band-aid’ for ‘policy failures’ of Albanese government
Reserve bank and government are 'at odds' with where the economy is going
Anzac monument to be ‘desecrated’ for renewables project
Australia ‘going for second best’ with Snowy Hydro as Finland unveils new nuclear reactor
Australia has some of the ‘most expensive energy’ despite being a ‘superpower’
‘$315 billion since they came to power’: Angus Taylor slams Labor’s ‘big spending budget’
‘It’s insane’: Labor’s energy rebate to ease pain of industry it was ‘propping up’
Energy bill rebate 'already paid' by taxpayers: Pauline Hanson
NYC Mayor: Migrants can fill lifeguard shortages as they are ‘excellent swimmers’
Words matter with Kel Richards: ‘Under the pump’ explained
Residents ‘up in arms’ over wind farm to bulldoze Anzac monument
Landslide triggers building collapse in Mexico
Sharri | 15 May
‘Who is she kidding?’: Megyn Kelly reacts to Meghan Markle calling Nigeria ‘my country’
New vision of NSW emergency plane landing
Govt's proposed 'inflation reduction' could come at the cost of a 'declining economy'
'Significant concerns around due diligence' of Labor's investments in 2024 budget
Peta Credlin blasts PM for running ‘most green-left government’ Australia has had
US border crisis ‘still the number one political issue’ for most voters
ASX 200 up 0.35 per cent: Market expects $300 electricity subsidy spent on retail
US Navy has ‘fallen massively behind’ on nuclear submarine production