Google Cloud

Alphabet shares soar on Google Cloud, YouTube expansion

Alphabet shares soar on Google Cloud, YouTube expansion

Alphabet shares surged after first-quarter results and upbeat executive comments showed the company’s cloud and YouTube businesses kept growing in the midst of the Covid-19 pandemic. Sales came in at US$33.71-billion, up 14% from a year ago and ahead of Wall Street estimates. YouTube revenue jumped 33.5%, while Google Cloud’s top line soared 52%. ALSO […]