Google's AI-fuelled gains in cloud bode well for Amazon, Microsoft

Quick Summary:

Google-parent Alphabet's breakout cloud sales in the July-September quarter bode well for top cloud providers Microsoft and Amazon.com, and signal that market for AI-aided computing power is only growing.

The company's stock rose 5.

FILE PHOTO: A Google Cloud logo is pictured at a trade fair in Hannover Messe, in Hanover, Germany, April 22, 2024.

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Article Details

Category: EconomyBusiness

Markets: SingaporeGermanySpain

Topics: Business Revenue Sales Cloud Company Google Growth 2024 Quarter Alphabet Cent

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-10-30 @ 16:22:35 (1 days ago)

News Timezone: GMT +8:00

News Source URL: channelnewsasia.com

Language: English

Article Length: 606 words

Reading Time: 4 minutes read

Sentences: 27 lines

Sentence Length: 23 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Channel News Asia

News ID: 23339347

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About Channel News Asia

Main Topics: EconomyBusiness

Official Website: channelnewsasia.com

Update Frequency: 60 posts per day

Year Established: 1999

Headquarters: Singapore

News Last Updated: 37 minutes ago

Coverage Areas: Singapore

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Publisher ID: #27

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