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Maybe the Google stock was affected by this? https://www.reuters.com/business/google-cloud-anticipates-least-58-billion-revenue-boost-over-next-two-years-2025-
by mcny 1y ago
Maybe the Google stock was affected by this?
https://www.reuters.com/business/google-cloud-anticipates-least-58-billion-revenue-boost-over-next-two-years-2025-09-09/ https://www.reuters.com/business/google-cloud-anticipates-le...
> Google Cloud revealed Tuesday it has lined up about $58 billion in new revenue over the next two years as it vies to become a more central component of the tech giant's future.
> The company said during its July earnings that the cloud division had surpassed a $50 billion annual revenue run rate. Google Cloud's backlog of non-recognized sales contracts is growing even faster than its revenue, unit chief Thomas Kurian told investors at the Goldman Sachs Communacopia + Technology conference.